The Global Coal Tar Market size is likely to grow at a CAGR of around 5% in the forecast period of 2021-26. According to MarkNtel Advisors Study.
Global Coal Tar Market Driver:
The rapidly increasing demand for aluminum is likely to propel stringent regulations concerning vehicle emissions, resulting in the growing use of aluminum to manufacture lightweight aluminum components. The growth of the Global Coal Tar Market in the industry shall drive the demand for raw carbon materials & products, like petroleum coke, coal tar, anodes, and cathodes, and create lucrative opportunities in the forecast period.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Coal Tar Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2020
-Historical Period: 2016 to 2019
-Forecast Period: 2021 to 2026
- By Type
- Medium Temperature Coal Tar
- High Temperature Coal Tar
- Low Temperature Coal Tar
- By End User
- Aluminum Industry
- Graphite Electrodes
- Roofing
- Ink and Paint Industry
- Tire Industry
- Others (Carbon Fiber, Paving, Refractories)
- By Application
- Carbon Black
- Pitch
- Aluminum Grade
- Binder and Impregnating Grade
- Special Grade
- Wash Oil
- Others (Anthracene Oil Fraction, Tar Oil)
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Bathco Ltd., Bilbaina de Alquitranes, S.A., Coopers Creek chemical corporation, Crowley Chemical Company, Inc., DEZA a. S, Hengshui Zehao Chemicals Co., Ltd., Himadri Speciality Chemicals Ltd, JFE Chemical Corporation, Koppers Inc., Mitsubishi Chemical Corporation, Neptune Hydrocarbons Mfg. Pvt. Ltd., Rain Carbon Inc., Shandong Jiefuyi. are looking forward to strengthening their market positions.
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