Global Coal Tar Pitch Market Research Report Information by Grade By End-User, And by Region Forecast Till 2032

Description

List of Tables

Global Coal Tar Pitch Market Research Report Information by Grade (Aluminum Grade, Graphite Grade, Special Grade) By End-User (Aluminum Smelting, Graphite Electrodes, Roofing, Carbon Fiber, Refractories, Other Applications), And by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) Forecast Till 2032

Market Overview

From 2024 to 2032, it is anticipated that the coal tar pitch industry will experience a compound annual growth rate (CAGR) of 5.48% expansion. The sector's expanded aluminum production serves as an incentive for the coal tar pitch market.

The automotive, aerospace, and space industries are increasingly utilizing lightweight aluminum components to assist in market expansion. This is due to the increasing demand for aluminum, which is characterized by its low weight and strength, as well as the implementation of stringent regulations regarding vehicle emissions.

The aluminum industry extensively utilizes coal tar pitch as a result of its exceptional adhesion to metal. Aluminum is a lightweight metal that is one-third the weight of steel, which leads to reduced manufacturing costs. Its specific weight is 2.7 g/cm3. It is utilized in automobiles to reduce inert weight, which in turn improves engine performance and decreases energy consumption. Additionally, this leads to an improvement in comfort and a reduction in pollution. The alloy composition can be altered to meet the application's requirements, thereby adjusting the strength. Conversely, aluminum-magnesium-silicon alloys are the most suitable for vehicle body sheets due to their high age-hardening when applied through the bake-on process. Aluminum-magnesium-manganese alloys provide the most optimal combination of formability and strength.

Market segmentation insights

The global coal tar pitch has been categorized into three grades: special grade, graphite grade, and aluminum grade.

Aluminum smelting, graphite electrodes, roofing, carbon fiber, refractories, and other end-user applications constitute the global Coal Tar Pitch industry.

The segment was dominated by Aluminum Smelting in 2021 as a result of a substantial increase in aluminum production from a variety of companies, including HINDALCO and Jindal Aluminum.

Viewpoints regarding the region

According to the analysis, the market is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

The Asia-Pacific region has witnessed the most significant development in the Coal Tar Pitch Market. China and India are the primary markets for coal tar in the region. Aluminum production in China and India is expanding at an accelerated rate as the construction industry expands.

It is anticipated that the consistent increase in North America will be influenced by the increasing utilization of coal tar pitch in the chemical and construction industries.

Major Players

Rain Carbon Inc. (USA), Mitsubishi Chemical Carbon Fiber and Composites (USA), Himadri Speciality Chemical Ltd. (India), Neptune Hydrocarbons (India), Shandong Gude Chemical Co.Ltd. (China), DEZA A.S. (CZECH REPUBLIC), Nippon Steel & Sumikin Chemical Co. (Japan), Hengshui Zehao Chemicals Co. (China), and China Steel Chemical Corporation. (China) are among the key players in the coal tar pitch market.

Product Code: MRFR/CnM/9980-HCR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 Data Mining Process
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 Secondary Research data flow:
3.5 PRIMARY RESEARCH:
- 3.5.1 Primary Research DATA FLOW:
- 3.5.2 Primary Research: Number of Interviews conducted
- 3.5.3 Primary Research: Regional Coverage
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
3.7 DATA FORECASTING
- 3.7.1 Data forecasting Technique
3.8 DATA MODELING
- 3.8.1 microeconomic factor analysis:
- 3.8.2 Data modeling:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 Growth in Aluminum Productio
- 4.2.2 Expansion of Carbon Fiber and Graphite Markets
4.3 RESTRAINTS
- 4.3.1 Environmental and Health Concerns
- 4.3.2 Declining Coal Industry
4.4 OPPORTUNITY
- 4.4.1 Growth in Electric Vehicle (EV) and Battery Markets
4.5 IMPACT ANALYSIS OF COVID-19
4.6 IMPACT OF RUSSIA-UKRAINE WAR

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW END-USE Suppliers
  - 5.1.1.1 Coal
  - 5.1.1.2 Petroleum
- 5.1.2 Coal Tar Distillation and Refining:
  - 5.1.2.1 Coal Tar Processing
  - 5.1.2.2 Refining
- 5.1.3 Manufacturing and Application:
  - 5.1.3.1 Aluminum Production
  - 5.1.3.2 Graphite and Carbon Fiber Production
- 5.1.4 End Users/Industries:
  - 5.1.4.1 Aluminum Industry
  - 5.1.4.2 Battery Manufacturing
  - 5.1.4.3 Carbon Fiber Production
  - 5.1.4.4 Construction and Infrastructure
- 5.1.5 Logistics and Distribution:
  - 5.1.5.1 Transport of Raw End-Uses
  - 5.1.5.2 Transportation of Finished Products
- 5.1.6 End-Use Manufacturing and Recycling:
  - 5.1.6.1 Recycling
  - 5.1.6.2 New Technologies
- 5.1.7 Challenges in the Supply Chain:
  - 5.1.7.1 Environmental Regulations
  - 5.1.7.2 Geopolitical Risks
- 5.1.8 Market Demand and Pricing Fluctuations:
  - 5.1.8.1 Market Fluctuations
  - 5.1.8.2 Sustainability Concerns
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 Threat of New Entrants
- 5.2.2 Threat of Substitutes
- 5.2.3 Bargaining Power of Suppliers
- 5.2.4 Bargaining Power of Buyers
- 5.2.5 Intensity of Rivalry
5.3 PESTLE ANALYSIS
- 5.3.1 Political Factors
- 5.3.2 Economic Factors:
- 5.3.3 Social Factors:
- 5.3.4 Technological Factors:
- 5.3.5 Legal Factors:
- 5.3.6 Environmental Factors:
5.4 TECHNOLOGY ADVANCEMENTS
- 5.4.1 Improved Coking and Distillation Processes
- 5.4.2 Cleaner Production and Environmental Technologies:
- 5.4.3 Sustainable Alternatives and Bio-Based Pitch:
- 5.4.4 Digitalization and Process Optimization:
- 5.4.5 Recycling and Circular Economy Practices:
5.5 REGULATORY FRAMEWORK
5.6 COAL TAR
5.7 ALUMINIUM
5.8 COAL TAR
5.9 ALUMINIUM
5.10 COAL TAR PITCH

6 GLOBAL COAL TAR PITCH MARKET, BY GRADE

6.1 INTRODUCTION
- 6.1.1 Aluminium Grade
- 6.1.2 Graphite Grade Coal Tar Pitch (GCTP)
- 6.1.3 Special Grade

7 GLOBAL COAL TAR PITCH MARKET, BY APPLICATION

7.1 INTRODUCTION
- 7.1.1 Aluminium Smelting
- 7.1.2 Graphite Electrodes
- 7.1.3 Roofing
- 7.1.4 Carbon Fiber
- 7.1.5 Refractories
- 7.1.6 others

8 GLOBAL COAL TAR PITCH MARKET, BY REGION

8.1 INTRODUCTION
- 8.1.1 North America
  - 8.1.1.1 US
  - 8.1.1.2 Canada
  - 8.1.1.3 Mexico
- 8.1.2 EUROPE
  - 8.1.2.1 Germany
  - 8.1.2.2 UK
  - 8.1.2.3 France
  - 8.1.2.4 Italy
  - 8.1.2.5 Spain
  - 8.1.2.6 Rest Of Europe
- 8.1.3 ASIA-PACIFIC
  - 8.1.3.1 Japan
  - 8.1.3.2 China
  - 8.1.3.3 India
  - 8.1.3.4 Australia
  - 8.1.3.5 Rest Of Asia Pacific
- 8.1.4 SOUTH AMERICA
  - 8.1.4.1 Brazil
  - 8.1.4.2 Colombia
  - 8.1.4.3 Rest of South America
- 8.1.5 Middle East & Africa
  - 8.1.5.1 South Africa
  - 8.1.5.2 GCC Countries
  - 8.1.5.3 Rest of Middle East and Africa

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 MARKET SHARE ANALYSIS, 2023

10 COMPANY PROFILES

10.1 3 M COMPANY
10.2 RAIN CARBON INC
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 PRODUCTS OFFERed
- 10.2.3 SWOT ANALYSIS
- 10.2.4 Key Strategy
10.3 MITSUBISHI CHEMICAL CARBON FIBER AND COMPOSITES (MCCFC)
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 PRODUCTS OFFERed
- 10.3.3 SWOT ANALYSIS
- 10.3.4 Key Strategy
10.4 HIMADRI SPECIALITY CHEMICAL LTD
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 PRODUCTS OFFERed
- 10.4.3 SWOT ANALYSIS
- 10.4.4 Key Strategy
10.5 DEZA A.S
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 PRODUCTS OFFERed
- 10.5.3 SWOT ANALYSIS
- 10.5.4 Key Strategy
10.6 NIPPON STEEL & SUMIKIN CHEMICAL CO
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERed
- 10.6.4 SWOT ANALYSIS
- 10.6.5 Key Strategy
10.7 CHINA STEEL CHEMICAL CORPORATION
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 PRODUCTS OFFERed
- 10.7.3 SWOT ANALYSIS
- 10.7.4 Key Strategy

11 DATA CITATIONS