Global Coal Tar Market Insights, Size and Growth Forecast To 2027

Global Coal Tar Market- By Type (High Temperature Coal Tar, Medium Temperature Coal Tar, Low Temperature Coal Tar), By Application (Carbon Black, Pitch, Wash Oil, Other), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.

Published: May-2020	Report ID: POAE2004	Pages: 1 - 250	Formats^*:
Category : Power & Energy

The Global Coal Tar market is emerging based on propelling steel industry and for treating skin diseases. The global coal tar market has the potential to grow with USD 2.23 billion with historical CAGR in the forecast period from 2020-2027. The emerging demand for coal tar in the chemical industry, emerging use of coal tar in making aluminum, steel, and coupled with treatment for skin diseases. Thus, the demand for coal tar is bolstering the global market.

Scabies is a skin disease transmitted by parasites. Its medicine prepared by mixing sulfur, coal tar, and other raw materials. It has sterilization, antipruritic, and antiseptic effects and has an apparent curative impact on the treatment of skin diseases. Thus, coal tar used as a solvent and therapeutic agent in this formula.

Moreover, coal tar to make oil that can turn loss into profit, turn waste into treasure, and its products widely use in waterproof engineering and temporary work sheds. Also, coal tar has a wide range of applications in anti-corrosion and waterproof engineering. Coal tar and epoxy resin used as the primary raw materials, and curing agents, solvents, and other auxiliary materials added to mix and make epoxy coal tar.

Type overview in the Global Coal Tar Market

Based on the type, the global coal tar market segmented into High-Temperature Coal Tar, Medium Temperature Coal Tar, Low-Temperature Coal Tar. The high-temperature segment accounted for the largest share in the global coal tar market. The coal tar obtained in coke production belongs to high-temperature coal tar. Coke is the carbon remaining from the extraction of benzene, naphthalene, and coal tar from coal at high temperatures. It is bituminous coal with medium and low volatility, medium adhesion, and strong adhesion.

Moreover, it is mainly used for blast furnace ironmaking and blast furnace smelting for non-ferrous metals such as copper, lead, zinc, etc. Also, Foundry coke used for melting iron in the furnace. Its role is to meet the charge and make the molten metal overheat, and the support column maintains its good permeability. Therefore, foundry coke has the characteristics of large lump, low reactivity, small porosity, sufficient impact crushing strength, little ash, and sulfur content.

Application overview in the Global Coal Tar Market

Based on the Application, the global coal tar market classified into Carbon Black, Pitch, Wash Oil, Other. The pitch segment has dominated the largest share in the global coal tar market. Coal tar pitch is the residue remaining after the extraction of light components in coal tar. It is divided into low-temperature pitch, medium-temperature pitch, and high-temperature pitch. The influence of coal tar pitch processing is crucial to the development of the entire coal tar industry. The coal tar pitch has a broad molecular weight distribution owing to its components that cannot dissolve in the solvent.

Region overview in the Global Coal Tar Market

Based on geography, the global Coal Tar market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America region is dominating the market share of the global Coal Tar market. It is mainly due to the growing industries of steel, graphite, and the use of coal tar for treating skin diseases is also propelling the healthcare industry. Therefore, coal tar will bolster its market demand in the North America region in the forecast period.

Global Coal Tar Market: Competitive Landscape

Companies such as ArcelorMittal, British Steel Ltd., Nippon Steel Corp., PJSC AVDIIVKA COKE, PJSC Magnitogorsk Iron and Steel Works, PJSC NLMK, POSCO, Sumitomo Metal Mining Co. Ltd., Tata Steel Ltd., Voestalpine AG, and others are key players in the global coal tar market.

1. Research Strategic Development

1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology

2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation

3. Executive Summary

4. Market Insights

4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porterâ€™s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis

5. Global Coal Tar Market Overview

5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type
5.2.1.1. High Temperature Coal Tar
5.2.1.2. Medium Temperature Coal Tar
5.2.1.3. Low Temperature Coal Tar
5.2.2. By Application
5.2.2.1. Carbon Black
5.2.2.2. Pitch
5.2.2.3. Wash Oil
5.2.2.4. Other
5.2.3. By Region
5.2.3.1. Europe
5.2.3.2. North America
5.2.3.3. Asia Pacific
5.2.3.4. South America
5.2.3.5. Middle East & Africa

6. Europe Coal Tar Market Overview

6.1. Europe Coal Tar Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Coal Tar Market Share & Forecast, 2016-2027
6.2.1. By Type
6.2.1.1. High Temperature Coal Tar
6.2.1.2. Medium Temperature Coal Tar
6.2.1.3. Low Temperature Coal Tar
6.2.2. By Application
6.2.2.1. Carbon Black
6.2.2.2. Pitch
6.2.2.3. Wash Oil
6.2.2.4. Other
6.2.3. By Country
6.2.3.1. Germany
6.2.3.2. UK
6.2.3.3. France
6.2.3.4. Italy
6.2.3.5. Rest of Europe
6.2.4. Company Market Share (Top 3-5)
6.2.5. Economic Impact Study on Europe Coal Tar Market

7. North Coal Tar Market Overview

7.1. North America Coal Tar Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Coal Tar Market Share & Forecast, 2016-2027
7.2.1. By Type
7.2.1.1. High Temperature Coal Tar
7.2.1.2. Medium Temperature Coal Tar
7.2.1.3. Low Temperature Coal Tar
7.2.2. By Application
7.2.2.1. Carbon Black
7.2.2.2. Pitch
7.2.2.3. Wash Oil
7.2.2.4. Other
7.2.3. By Country
7.2.3.1. US
7.2.3.2. Canada
7.2.3.3. Mexico
7.2.4. Company Market Share (Top 3-5)
7.2.5. Economic Impact Study on North America Coal Tar Market

8. Asia Pacific Coal Tar Market Overview

8.1. Asia Pacific Coal Tar Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Coal Tar Market Share & Forecast, 2016-2027
8.2.1. By Type
8.2.1.1. High Temperature Coal Tar
8.2.1.2. Medium Temperature Coal Tar
8.2.1.3. Low Temperature Coal Tar
8.2.2. By Application
8.2.2.1. Carbon Black
8.2.2.2. Pitch
8.2.2.3. Wash Oil
8.2.2.4. Other
8.2.3. By Country
8.2.3.1. China
8.2.3.2. India
8.2.3.3. Japan
8.2.3.4. Australia
8.2.3.5. Rest of Asia Pacific
8.2.4. Company Market Share (Top 3-5)
8.2.5. Economic Impact Study on Asia Pacific Coal Tar Market

9. South America Coal Tar Market Overview

9.1. South America Coal Tar Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Coal Tar Market Share & Forecast, 2016-2027
9.2.1. By Type
9.2.1.1. High Temperature Coal Tar
9.2.1.2. Medium Temperature Coal Tar
9.2.1.3. Low Temperature Coal Tar
9.2.2. By Application
9.2.2.1. Carbon Black
9.2.2.2. Pitch
9.2.2.3. Wash Oil
9.2.2.4. Other
9.2.3. By Country
9.2.3.1. Brazil
9.2.3.2. Argentina
9.2.3.3. Rest of South America
9.2.4. Company Market Share (Top 3-5)
9.2.5. Economic Impact Study on South America Coal Tar Market

10. Middle East & Africa Coal Tar Market Overview

10.1. Middle East & Africa Coal Tar Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Coal Tar Market Share & Forecast, 2016-2027
10.2.1. By Type
10.2.1.1. High Temperature Coal Tar
10.2.1.2. Medium Temperature Coal Tar
10.2.1.3. Low Temperature Coal Tar
10.2.2. By Application
10.2.2.1. Carbon Black
10.2.2.2. Pitch
10.2.2.3. Wash Oil
10.2.2.4. Other
10.2.3. By Country
10.2.3.1. Saudi Arabia
10.2.3.2. UAE
10.2.3.3. South Africa
10.2.3.4. Rest of Middle East & Africa
10.2.4. Company Market Share (Top 3-5)
10.2.5. Economic Impact Study on Middle East & Africa Coal Tar Market

11. Competitor Analysis

11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1.1. ArcelorMittal
11.7.1.2. British Steel Ltd.
11.7.1.3. Nippon Steel Corp.
11.7.1.4. PJSC AVDIIVKA COKE
11.7.1.5. PJSC Magnitogorsk Iron and Steel Works
11.7.1.6. PJSC NLMK
11.7.1.7. POSCO
11.7.1.8. Sumitomo Metal Mining Co. Ltd.
11.7.1.9. Tata Steel Ltd.
11.7.1.10. voestalpine AG
11.7.1.11. Other players

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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