PUBLISHER: QYResearch | PRODUCT CODE: 1861321
PUBLISHER: QYResearch | PRODUCT CODE: 1861321
The global market for Coal Tar Pitch was estimated to be worth US$ 6111 million in 2024 and is forecast to a readjusted size of US$ 7867 million by 2031 with a CAGR of 3.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Coal Tar Pitch cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
This report studies the Coal Tar Pitch market. Coal tar pitch is a complex chemical with 22 chemical and physical properties obtained through coal tar distillation, which involves the conversion of coal tar into a variety of intermediate chemical products. Coal-tar pitch is a thick black liquid that remains after the distillation of coal tar. It is used as a base for coatings and paint, in roofing and paving, and as a binder in asphalt products. Both coal tar and coal-tar pitch contain many chemical compounds, including carcinogens such as benzene.
In 2024, global Coal Tar Pitch production reached approximately 13115 K MT, with an average global market price of around US$ 466 per MT.
The coal tar pitch market is built around its role as a by-product of coal tar distillation, making its upstream supply dependent on coke oven operations in the steel industry. Coal tar, derived from metallurgical coke production, is further processed into coal tar pitch, with availability and pricing closely tied to steelmaking activity and raw coal supply. Environmental regulations surrounding coal chemicals and emission controls also affect upstream production capacity and trade flows.
Downstream, coal tar pitch is a critical material in the production of carbon anodes for aluminum smelting, which represents its largest application segment. It is also used in graphite electrodes, refractories, roofing, and specialty carbon products due to its binding properties and high carbon content. Growth in the aluminum and steel industries, alongside rising demand for carbon materials in lithium-ion batteries and advanced composites, supports long-term market potential, although regulatory pressures and sustainability requirements continue to shape downstream development.At present, the single-line production capacity varies greatly, and most companies currently have an annual production capacity of 20,000-50,000 tons.
This report aims to provide a comprehensive presentation of the global market for Coal Tar Pitch, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Coal Tar Pitch by region & country, by Type, and by Application.
The Coal Tar Pitch market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Coal Tar Pitch.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Coal Tar Pitch manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Coal Tar Pitch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Coal Tar Pitch in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.