Global Coal Tar Pitch Market 2021-2025
Technavio has been monitoring the coal tar pitch market and it is poised to grow by $ 1.23 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period. Our report on the coal tar pitch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing use of aluminum across various industries and diverse use of activated carbon. In addition, increasing use of aluminum across various industries is anticipated to boost the growth of the market as well.
The coal tar pitch market analysis include Application and Geography segments.
Technavio's coal tar pitch market is segmented as below:
- Aluminum smelters
- Graphite electrodes
By Geographical Landscape
- North America
- South America
This study identifies the rising urbanization as one of the prime reasons driving the coal tar pitch market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on coal tar pitch market covers the following areas:
- Coal tar pitch market sizing
- Coal tar pitch market forecast
- Coal tar pitch market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading coal tar pitch market vendors that include China Steel Chemical Corp., Coopers Creek Chemical Corp., Himadri Speciality Chemical Ltd., Industrial Quimica del Nalon SA, JFE Holdings Inc., Koppers Inc., Nippon Steel Corp., NLMK Group, Rain Carbon Inc., and Sumitomo Corp. Also, the coal tar pitch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.