콜타르 피치 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 등급별, 형태별, 지역별 - 산업 예측(2024-2031년)

Global Coal Tar Pitch Market size was valued at USD 4.3 billion in 2022 and is poised to grow from USD 4.5 billion in 2023 to USD 6.86 billion by 2031, growing at a CAGR of 5.33% during the forecast period (2024-2031).

The global coal tar pitch market presents a dynamic and diverse landscape, significantly shaped by its various industrial applications. Notably, the aluminum sector drives robust demand as coal tar pitch serves as a crucial binding agent for carbon electrodes in the smelting process. Additionally, the steel industry heavily depends on coal tar pitch for producing high-quality graphite electrodes utilized in electric arc furnaces. The market is further bolstered by the increasing adoption of electric vehicles and advancements in renewable energy technologies, where coal tar pitch is integral to manufacturing lithium-ion batteries and other energy storage systems. Nevertheless, the market encounters challenges stemming from environmental concerns over its production, given that coal tar pitch is sourced from coal, a fossil fuel. This has sparked a trend towards sustainable alternatives and the exploration of eco-friendly processing methods within the industry. In summary, the global coal tar pitch market exhibits resilience and adaptability, well-positioned to capitalize on emerging innovations and opportunities while striving for a sustainable and competitive future in the evolving industrial landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Coal Tar Pitch market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Coal Tar Pitch Market Segmental Analysis

Global Coal Tar Pitch Market is segmented by Type, Application, Grade, Form, and region. Based on Type, the market is segmented into High-temperature coal tar pitch, medium-temperature coal tar pitch, and low-temperature coal tar pitch. Based on application, the market is segmented into Roofing felts, binders, sealants, Aluminium Smelting, Graphite Electrodes, Carbon Fiber, and others. Based on Grade, the market is segmented into Aluminium Grade, Binder and Impregnating Grade, Special Grade. Based on form, the market is segmented into Solid, and Liquid. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Coal Tar Pitch Market

The Global Coal Tar Pitch market is primarily driven by the robust growth of the steel and aluminum industries, which increasingly rely on coal tar pitch as an essential binder for manufacturing carbon electrodes utilized in smelting operations. As infrastructure and construction projects expand worldwide, the appetite for materials such as coal tar pitch continues to rise. This escalating demand is further fueled by technological advancements that enhance production capabilities, improving the efficiency and performance of coal tar pitch in various applications. Consequently, the synergy between industrial growth and infrastructure development significantly propels the market forward, positioning coal tar pitch as a crucial component in these sectors.

Restraints in the Global Coal Tar Pitch Market

The Global Coal Tar Pitch market faces significant restraints primarily due to the volatility of raw material prices. Fluctuating costs of coal and other essential inputs utilized in the manufacturing of coal tar pitch can adversely affect profit margins, leading to uncertainty and instability within the market. These price variations not only challenge producers in budgeting and forecasting but also expose the industry to broader economic influences, making it increasingly vulnerable to shifts in supply and demand dynamics. As a result, stable pricing is crucial for enhancing profitability and fostering growth within this sector.

Market Trends of the Global Coal Tar Pitch Market

The Global Coal Tar Pitch market is witnessing a notable trend as manufacturers increasingly allocate resources towards research and development to unlock new applications and innovative products. This proactive approach not only aims to enhance the versatility of coal tar pitch in various industrial sectors, such as aluminum production, roofing, and chemical manufacturing, but also seeks to establish a competitive edge in a market that is transforming with rising environmental regulations and sustainability concerns. As manufacturers strive to optimize product performance and explore alternatives, the demand for coal tar pitch continues to evolve, fostering growth opportunities across diverse applications.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Technological Advancement
• Regulatory Landscape
• Patent Analysis
• Value Chain Analysis
• Case Study Analysis
• Customer & Buying Criteria Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Trade Analysis
• Market Attractiveness Index
• Pricing Analysis

Global Coal Tar Pitch Market Size by Type& CAGR (2024-2031)

• Market Overview
• High-temperature coal tar pitch
• Medium-temperature coal tar pitch
• Low-temperature coal tar pitch

Global Coal Tar Pitch Market Size by Application & CAGR (2024-2031)

• Market Overview
• Roofing felts
• Binders
• Sealants
• Aluminum Smelting
• Graphite Electrodes
• Carbon Fiber
• Others

Global Coal Tar Pitch Market Size by Grade & CAGR (2024-2031)

• Market Overview
• Aluminium Grade
• Binder and Impregnating Grade
• Special Grade

Global Coal Tar Pitch Market Size by Form & CAGR (2024-2031)

• Market Overview
• Solid
• Liquid

Global Coal Tar Pitch Market Size & CAGR (2024-2031)

• North America, (Type, Application, Grade, Form)
  • US
  • Canada
• Europe, (Type, Application, Grade, Form)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Type, Application, Grade, Form)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Type, Application, Grade, Form)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Type, Application, Grade, Form)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Koppers Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rain Carbon Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JFE Chemical Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Himadri Speciality Chemical Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Baoshun Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shanghai Baosteel Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Steel Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shanxi Hongte Coal Chemical Industry Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sunlight Coking Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• POSCO Chemical Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Konark Tar Products Private Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Qingdao Sanxing Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DEZA, a.s. (Czech Republic)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Steel Chemical Corporation (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rain Industries Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Koppers (UK) Limited (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JFE Steel Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Steel Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tata Steel BSL Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation