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Coal Tar Pitch Trends and Forecast
The future of the global coal tar pitch market looks promising with opportunities in the aluminum smelting, graphite electrode, roofing, carbon fiber, and refractory markets. The global coal tar pitch market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing use of this pitch in the manufacturing of graphite electrodes, growing demand for aluminum production, and expanding infrastructure development in emerging economies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Coal Tar Pitch by Segment
The study includes a forecast for the global coal tar pitch by grade, application, and region.
Coal Tar Pitch Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
• Aluminum Grade
• Graphite Grade
• Special Grade
Coal Tar Pitch Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Aluminum Smelting
• Graphite Electrode
• Roofing
• Carbon Fiber
• Refractory
• Others
Coal Tar Pitch Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Coal Tar Pitch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies coal tar pitch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coal tar pitch companies profiled in this report include-
• Rain Carbon
• Mitsubishi Chemical Carbon Fiber & Composites
• Neptune Hydrocarbons
• Shandong Gude Chemical
• Nippon Steel & Sumikin Chemical
• China Steel Chemical Corporation
• Himadri Specialty Chemical Clinic
Coal Tar Pitch Market Insights
Lucintel forecasts that aluminum grade will remain the largest segment over the forecast period.
Within this market, aluminum smelting will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Coal Tar Pitch Market
Market Size Estimates: Coal tar pitch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Coal tar pitch market size by grade, application, and region in terms of value ($B).
Regional Analysis: Coal tar pitch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different grades, applications, and regions for the coal tar pitch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coal tar pitch market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the coal tar pitch market size?
Answer: The global coal tar pitch market is expected to reach an estimated $5.2 billion by 2030.
Q2. What is the growth forecast for coal tar pitch market?
Answer: The global coal tar pitch market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the coal tar pitch market?
Answer: The major drivers for this market are increasing use of this pitch in the manufacturing of graphite electrodes, growing demand for aluminum production, and expanding infrastructure development in emerging economies.
Q4. What are the major segments for coal tar pitch market?
Answer: The future of the coal tar pitch market looks promising with opportunities in the aluminum smelting, graphite electrode, roofing, carbon fiber, and refractory markets.
Q5. Who are the key coal tar pitch market companies?
Answer: Some of the key coal tar pitch companies are as follows:
• Rain Carbon
• Mitsubishi Chemical Carbon Fiber & Composites
• Neptune Hydrocarbons
• Shandong Gude Chemical
• Nippon Steel & Sumikin Chemical
• China Steel Chemical Corporation
• Himadri Specialty Chemical Clinic
Q6. Which coal tar pitch market segment will be the largest in future?
Answer: Lucintel forecasts that aluminum grade will remain the largest segment over the forecast period.
Q7. In coal tar pitch market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the coal tar pitch market by grade (aluminum grade, graphite grade, and special grade), application (aluminum smelting, graphite electrode, roofing, carbon fiber, refractory, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Coal Tar Pitch Market, Coal Tar Pitch Market Size, Coal Tar Pitch Market Growth, Coal Tar Pitch Market Analysis, Coal Tar Pitch Market Report, Coal Tar Pitch Market Share, Coal Tar Pitch Market Trends, Coal Tar Pitch Market Forecast, Coal Tar Pitch Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Coal Tar Pitch Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Coal Tar Pitch Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Coal Tar Pitch Market by Grade
3.3.1: Aluminum Grade
3.3.2: Graphite Grade
3.3.3: Special Grade
3.4: Global Coal Tar Pitch Market by Application
3.4.1: Aluminum Smelting
3.4.2: Graphite Electrode
3.4.3: Roofing
3.4.4: Carbon Fiber
3.4.5: Refractory
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Coal Tar Pitch Market by Region
4.2: North American Coal Tar Pitch Market
4.2.2: North American Coal Tar Pitch Market by Application: Aluminum Smelting, Graphite Electrode, Roofing, Carbon Fiber, Refractory, and Others
4.3: European Coal Tar Pitch Market
4.3.1: European Coal Tar Pitch Market by Grade: Aluminum Grade, Graphite Grade, and Special Grade
4.3.2: European Coal Tar Pitch Market by Application: Aluminum Smelting, Graphite Electrode, Roofing, Carbon Fiber, Refractory, and Others
4.4: APAC Coal Tar Pitch Market
4.4.1: APAC Coal Tar Pitch Market by Grade: Aluminum Grade, Graphite Grade, and Special Grade
4.4.2: APAC Coal Tar Pitch Market by Application: Aluminum Smelting, Graphite Electrode, Roofing, Carbon Fiber, Refractory, and Others
4.5: ROW Coal Tar Pitch Market
4.5.1: ROW Coal Tar Pitch Market by Grade: Aluminum Grade, Graphite Grade, and Special Grade
4.5.2: ROW Coal Tar Pitch Market by Application: Aluminum Smelting, Graphite Electrode, Roofing, Carbon Fiber, Refractory, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Coal Tar Pitch Market by Grade
6.1.2: Growth Opportunities for the Global Coal Tar Pitch Market by Application
6.1.3: Growth Opportunities for the Global Coal Tar Pitch Market by Region
6.2: Emerging Trends in the Global Coal Tar Pitch Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Coal Tar Pitch Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Coal Tar Pitch Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Rain carbon
7.2: Mitsubishi Chemical Carbon Fiber & Composites
7.3: Neptune Hydrocarbons
7.4: Shandong Gude Chemical
7.5: Nippon Steel & Sumikin Chemical
7.6: China Steel Chemical Corporation
7.7: Himadri Specialty Chemical Clinic
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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