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According to our (Global Info Research) latest study, the global Coal Tar market size was valued at USD 26390 million in 2023 and is forecast to a readjusted size of USD 27110 million by 2030 with a CAGR of 0.4% during review period.
Coal Tar (CAS 8007-45-2) is derived from coal. It is a byproduct of the production of coke, a solid fuel that contains mostly carbon, and coal gas. Coal tar is used primarily for the production of refined chemicals and coal-tar products, such as creosote and coal-tar pitch.
Global Coal Tar (CAS 8007-45-2) key players include Baowu Steel Group, Rain Industries Limited, JFE Chemical, OCI, etc. Global top four manufacturers hold a share nearly 15%.
China is the largest market, with a share about 70%, followed by Europe, and Japan, both have a share about 15 percent.
In terms of product, High Temperature Coal Tar is the largest segment, with a share about 75%. And in terms of application, the largest application is Carbon Black, followed by Pitch, Wash Oil, etc.
The Global Info Research report includes an overview of the development of the Coal Tar industry chain, the market status of Carbon Black (High Temperature Coal Tar, Medium Temperature Coal Tar), Pitch (High Temperature Coal Tar, Medium Temperature Coal Tar), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Coal Tar.
Regionally, the report analyzes the Coal Tar markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Coal Tar market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Coal Tar market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Coal Tar industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., High Temperature Coal Tar, Medium Temperature Coal Tar).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Coal Tar market.
Regional Analysis: The report involves examining the Coal Tar market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Coal Tar market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Coal Tar:
Company Analysis: Report covers individual Coal Tar manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Coal Tar This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Carbon Black, Pitch).
Technology Analysis: Report covers specific technologies relevant to Coal Tar. It assesses the current state, advancements, and potential future developments in Coal Tar areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Coal Tar market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Coal Tar market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- High Temperature Coal Tar
- Medium Temperature Coal Tar
- Low Temperature Coal Tar
Market segment by Application
- Carbon Black
- Pitch
- Wash Oil
- Others
Major players covered
- Baowu Steel Group
- Rain Industries Limited
- JFE Chemical
- OCI
- Koppers
- Baoshun
- Huanghua Xinnuo Lixing
- Shanxi Coal and Chemical
- POSCO
- Sunlight Coking
- Himadri Chemicals & Industries
- Nippon Steel & Sumitomo Metal
- Mitsubishi Chemical
- Jiangxi Black Cat
- Ansteel
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Coal Tar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Coal Tar, with price, sales, revenue and global market share of Coal Tar from 2019 to 2024.
Chapter 3, the Coal Tar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Coal Tar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Coal Tar market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Coal Tar.
Chapter 14 and 15, to describe Coal Tar sales channel, distributors, customers, research findings and conclusion.