Coal Tar Pitch Market - Growth, Trends And Forecast (2022 - 2022) By Types, By Application, By Regions and By Key Players: Holdings, Inc. (Tokyo :5411.T), Holdings, Inc. (Tokyo: 5411.T)

Growing at a CAGR of 4% over the forecast period of 2021-2026, the coal tar pitch market in the coal & consumable fuels industry is anticipated to reach the market value of USD 1.23 billion during 2021-2026.

Coal Tar Pitch Market Overview

Due to the increasing demand for aluminum from various industries, aluminum smelting is the biggest segment of the coal tar pitch market. Because of its strength and it is lightweight the aerospace, space, and automotive industries bring the highest consumers for aluminum.

Furthermore, the growing concerns regarding environmental regulations across the world over the pollution from automobiles create demand for aluminum as well hence it directs the manufacturers to switch to an aluminum weight reduction of aircraft, automobiles and more resulting in more demand for aluminum in the forecast period.

Coal tar is a by-product that is produced during the production of coke that is a solid fuel that contains coal gas and carbon. Primarily, it is used for the production of coal-tar products and refined chemicals like coal-tar pitch and creosote. In order to treat numerous skin conditions like psoriasis, eczema and dandruff, certain preparations of coal are used.

One of the many applications of coal tar pitch is the preparation of activated carbon that is available in various forms like granulated, monolithic form, fibers, powdered and crushed. Activated carbon is amorphous, highly porous and carbonaceous with a complex structure comprising micro crystallites with a graphite lattice.

Recent Development:

Baosteel Co., Ltd. to Increase Issue Shares to Raise Money, the Move Arouses Great Attention from the Domestic Mainstream media

Baosteel's additional share issue to buy the core steel assets of the Group to enhance its competitiveness has aroused great attention from the domestic mainstream media. More than 30 of the domestic mainstream media such as Xinhua News Agency, Central China Television, Central People's Broadcasting Station and China Securities Journal gathered in Beijing to participate in the press release meeting concerning the issue. Xie Qihua, chairwoman and president of Shanghai Baosteel Group Corporation, Ai Baojun, president of Baoshan Iron and Steel Co., Ltd. had special interviews with Xinhua News Agency, Central China Television and Phoenix TV.

What are the major Applications, Types and Regions for Coal Tar Pitch Market?

By Type, Coal Tar Pitch Market has been segmented into 

• Medium Temperature Coal Tar Pitch


• High-Temperature Coal Tar Pitch


• Low-Temperature Coal Tar Pitch


• Others

By Type, Coal Tar Pitch Market has been segmented into 

• Aluminum Industry


• Graphite Electrodes


• Roofing


• Other

Coal Tar Pitch Market Regional Analysis

The report offers an in-depth assessment of the growth and other aspects of the Coal Tar Pitch Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

75% of the market’s growth will originate from APAC during the forecast period. China, US, Japan, Brazil, and Ukraine are the key markets for the coal tar pitch market in APAC. APAC has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the progress in APAC is the diverse use of activated carbon. APAC will register the maximum growth rate of 74.44% among the other regions. Therefore, the coal tar pitch market in APAC is anticipated to garner significant business opportunities for the vendors during the forecast period.

China is the largest producer of automobiles in the world. The country’s automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, to ensure fuel economy and minimize emissions, owing to the rising environmental concerns due to mounting pollution in the country. However, the market witnessed a shrink in 2018 and 2019, as the production decreased by about 4.2% and 7.5% respectively.

What is our Coal Tar Pitch Market report scope?

The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Coal Tar Pitch Market for the historical period of 2017-2021 and the forecast period of 2021-2026.

The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.

Key Takeaways from this Coal Tar Pitch Report

• Evaluate Coal Tar Pitch market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Coal Tar Pitch market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Frequently Asked Questions

What is the study period of this market?

The Coal Tar Pitch Market is studied from 2017 - 2027.

Who are the key players in Coal Tar Pitch Market?

RuTGERS, JFE Holdings, Inc. (Tokyo :5411.T), Koppers Industries, Coopers Creek, Tangent Rail, JFE Holdings, Inc. (Tokyo: 5411.T), Shanxi Coking, Wugang Coking, Jining Carbon, Shandong Gude Chemical, Lone Star Specialties, Baoshun, Shandong Weijiao, Xinnuolixing, Risun, Zhongyi and others.

 What are the significant types of Coal Tar Pitch Market?

Medium Temperature Coal Tar Pitch, High-Temperature Coal Tar Pitch, Low-Temperature Coal Tar Pitch, Others, Others.

What are the major end-use applications of the Coal Tar Pitch Market?

Aluminum Industry, Graphite Electrodes, Roofing, Other.

What segments are covered in the Coal Tar Pitch Market report?

The Global Coal Tar Pitch Market is Segmented on the basic of Product, Application, and Geography.

How can I get a sample report/company profile for the Coal Tar Pitch Market?

The sample report for the Coal Tar Pitch Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.