Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing | Technavio

The market will accelerate at a CAGR of 5% between 2019-2023

Technavio has announced its latest market research report titled global coal tar pitch market 2019-2023. (Graphic: Business Wire)

LONDON--()--The report, global coal tar pitch market has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on application and geography for the forecast period 2019-2023.

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This report on the coal tar pitch market includes:

Coal tar pitch market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • Application
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Coal Tar Pitch Market 2019-2023: Competitive Landscape

  • Vendors covered
  • Vendor classification
    • Himadri Speciality Chemical
    • JFE Holdings
    • Koppers
    • NIPPON STEEL & SUMITOMO METAL
    • Rain Carbon

Coal Tar Pitch Market 2019-2023: Geographic Landscape

  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023

Coal Tar Pitch Market 2019-2023: Application

  • Aluminum smelters - Market size and forecast 2018-2023
  • Graphite electrodes - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023

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Increasing use of aluminum across various industries will drive the coal tar pitch market

Coal tar pitch has many applications. It is used in paving roads, as a binder in asphalt products, and as a base for paint and coatings. Coal tar pitch is also an important material in the production of aluminum, is used as a binding agent in the production of graphite electrodes, used in electric arc furnaces in steel plants, and in carbon anodes used in aluminum smelters. Thus, the increasing use of aluminum across various industries will drive the coal tar pitch market growth during the forecast period.

Increasing use of coal tar pitch in roofing – An emerging trend in the coal tar pitch market

Coal tar pitch is increasingly being used in roofing as it is resistant to harsh chemicals, ultraviolet (UV) rays, and water that may have an adverse impact on the roofing in buildings. No other roofing product can provide the same cold flow/self-healing property as coal tar. Coal tar's self-healing properties and resistance to harmful elements also contributes to making low maintenance roofs. Such beneficial characteristics of coal tar pitch for roofing are promoting their use over alternatives such as TPO.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis 

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023 

Get Full Report: https://www.technavio.com/report/global-coal-tar-pitch-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

Market Trends

  • Increasing use of advanced types of coal tar pitch
  • Use of coal tar pitch-based needle coke in lithium-ion batteries
  • Use of coal tar pitch in roofing

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Browse Related Energy Reports:

  • Global Coal Tar Market: The global coal tar market is forecast to grow by USD 1.17 billion during the forecast period of 2019-2023.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com

Release Summary

The global coal tar pitch market size will grow by about USD 1.2 billion during 2019-2023

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com