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Global Coal Tar Pitch Market 2019-2023

Global Coal Tar Pitch Market 2019-2023

About this market

Use of coal tar pitch-based needle coke in lithium-ion batteries to drive market growth. Coal tar pitch-based needle coke is derived from coal tar, which is produced as a by-product during coke production. Needle coke is used as a key material for graphite electrodes in an electric arc furnace. As compared to petroleum-based needle coke, coal tar pitch-based needle coke possesses favorable physical characteristics, such as low coefficient of thermal expansion, low electric resistance, less breakage, and less spalling. Technavio’s analysts have predicted that the coal tar pitch market will register a CAGR of almost 5% by 2023.

Market Overview

Diverse use of activated carbon

One of the many applications of coal tar pitch is the preparation of activated carbon, which is available in different forms such as crushed, granulated, powdered, monolithic form, and as fibers. Activated carbon is a carbonaceous, amorphous, highly porous material with complex structure consisting of micro crystallites with a graphite lattice.

Fluctuations in coal prices

The fluctuations in the prices of coal are a significant challenge for investors and other stakeholders who invest in the production of coke. This will affect the production of coal tar, which in turn will affect the global coal tar pitch market adversely, as coal tar pitch is a distilled form of coal tar, which is a by-product of coke production.

For the detailed list of factors that will drive and challenge the growth of the coal tar pitch market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including JFE Holdings and Koppers the competitive environment is quite intense. Factors such as the diverse use of activated carbon and the use of coal tar pitch-based needle coke in lithium-ion batteries, will provide considerable growth opportunities to coal tar pitch manufactures. Himadri Speciality Chemical, JFE Holdings, Koppers, NIPPON STEEL & SUMITOMO METAL, and Rain Carbon are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global coal market
      • Table Segments of global coal market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Aluminum smelters - Market size and forecast 2018-2023
      • Table Aluminum smelters - Market size and forecast 2018-2023 ($ millions)
      • Table Aluminum smelters - Year-over-year growth 2019-2023 (%)
    • Graphite electrodes - Market size and forecast 2018-2023
      • Table Graphite electrodes - Market size and forecast 2018-2023 ($ millions)
      • Table Graphite electrodes - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and 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
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Himadri Speciality Chemical
      • Table Himadri Speciality Chemical - Vendor overview
      • Table Himadri Speciality Chemical - Business segments
      • Table Himadri Speciality Chemical - Organizational developments
      • Table Himadri Speciality Chemical - Geographic focus
      • Table Himadri Speciality Chemical - Segment focus
      • Table Himadri Speciality Chemical - Key offerings
    • JFE Holdings
      • Table JFE Holdings - Vendor overview
      • Table JFE Holdings - Business segments
      • Table JFE Holdings - Organizational developments
      • Table JFE Holdings - Geographic focus
      • Table JFE Holdings - Segment focus
      • Table JFE Holdings - Key offerings
    • Koppers
      • Table Koppers - Vendor overview
      • Table Koppers - Business segments
      • Table Koppers - Organizational developments
      • Table Koppers - Geographic focus
      • Table Koppers - Segment focus
      • Table Koppers - Key offerings
    • NIPPON STEEL & SUMITOMO METAL
      • Table NIPPON STEEL & SUMITOMO METAL - Vendor overview
      • Table NIPPON STEEL & SUMITOMO METAL - Business segments
      • Table NIPPON STEEL & SUMITOMO METAL - Organizational developments
      • Table NIPPON STEEL & SUMITOMO METAL - Geographic focus
      • Table NIPPON STEEL & SUMITOMO METAL - Segment focus
      • Table NIPPON STEEL & SUMITOMO METAL - Key offerings
    • Rain Carbon
      • Table Rain Carbon - Vendor overview
      • Table Rain Carbon - Organizational developments
      • Table Rain Carbon - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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