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Market Analysis and Insights: Global Coal Tar Market
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.
Due to the COVID-19 pandemic, the global Coal Tar market size is estimated to be worth US$ 25650 million in 2022 and is forecast to a readjusted size of US$ 26390 million by 2029 with a CAGR of 0.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, High Temperature Coal Tar accounting for % of the Coal Tar global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Carbon Black segment is altered to an % CAGR throughout this forecast period.
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.
Global Coal Tar Scope and Market Size
The global Coal Tar market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Coal Tar market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
High Temperature Coal Tar
Medium Temperature Coal Tar
Low Temperature Coal Tar
Segment by Application
Carbon Black
Pitch
Wash Oil
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
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.
Due to the COVID-19 pandemic, the global Coal Tar market size is estimated to be worth US$ 25650 million in 2022 and is forecast to a readjusted size of US$ 26390 million by 2029 with a CAGR of 0.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, High Temperature Coal Tar accounting for % of the Coal Tar global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Carbon Black segment is altered to an % CAGR throughout this forecast period.
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.
Global Coal Tar Scope and Market Size
The global Coal Tar market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Coal Tar market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
High Temperature Coal Tar
Medium Temperature Coal Tar
Low Temperature Coal Tar
Segment by Application
Carbon Black
Pitch
Wash Oil
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
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