Coal Tar Pitch Market Report: Trends, Forecast and Competitive Analysis to 2030

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?