Coal Tar Pitch Market Research Report Information by Grade (Aluminum Grade, Graphite Grade, Special Grade) By End-User (Aluminum Smelting, Graphite Electrodes, Roofing, Carbon Fiber, Refractories, Other Applications), And by Region (North America, Europe,

It is anticipated that the coal tar pitch industry will expand at a compound annual growth rate (CAGR) of 5.48% from 2024 to 2032. The market for coal tar pitch is stimulated by the sector's increased aluminum production.

The automotive, aerospace, and space industries are increasingly employing lightweight aluminum components to support market growth, because of the implementation of rigorous laws regarding vehicle emissions and the growing demand for aluminum due to its strength and low weight.

The aluminum industry extensively employs coal tar pitch due to its exceptional adhesion to metal. Aluminum is a lightweight metal that is one-third the weight of steel, resulting in lower manufacturing costs. Its specific weight is 2.7 g/cm3. It is employed in automobiles to decrease inert weight, which in turn enhances engine performance and reduces energy consumption. Moreover, this results in a decrease in noise and an increase in comfort. The strength can be adjusted to satisfy the application's needs by modifying the alloy composition. In contrast, aluminum-magnesium-silicon alloys are optimal for vehicle body sheets due to their high age-hardening when applied using the bake-on process, while aluminum-magnesium-manganese alloys offer the most optimal combination of strength and formability.

Market Segments Insights
The global coal tar pitch has been classified into three grades: special grade, graphite grade, and aluminum grade.
End-user applications that comprise the global Coal Tar Pitch industry include aluminum smelting, graphite electrodes, roofing, carbon fiber, refractories, and others.
In 2021, Aluminum Smelting dominated the segment due to a significant increase in aluminum production from a variety of companies, including HINDALCO and Jindal Aluminum.

Perspectives on the region
The market is segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, as per the analysis.
The Coal Tar Pitch Market has experienced the most growth in the Asia-Pacific region. coal tar's main markets in the region are China and India. As the construction industry expands, aluminum production in China and India is increasing at an accelerated pace.
The chemical and construction industries' increasing utilization of coal tar pitch is anticipated to contribute to a consistent increase in North America.

Major Players
The coal tar pitch market is dominated by a number of key players, including Rain Carbon Inc. (USA), Mitsubishi Chemical Carbon Fiber and Composites (USA), Himadri Speciality Chemical Ltd. (India), Neptune Hydrocarbons (India), Shandong Gude Chemical Co.Ltd. (China), DEZA A.S. (CZECH REPUBLIC), Nippon Steel & Sumikin Chemical Co. (Japan), Hengshui Zehao Chemicals Co. (China), and China Steel Chemical Corporation. (China).


1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growth In Aluminum Productio
4.2.2 Expansion Of Carbon Fiber And Graphite Markets
4.3 Restraints
4.3.1 Environmental And Health Concerns
4.3.2 Declining Coal Industry
4.4 Opportunity
4.4.1 Growth In Electric Vehicle (Ev) And Battery Markets
4.5 Impact Analysis Of Covid-19
4.6 Impact Of Russia-ukraine War
5 Market Factor Analysis
5.1 Supply/Value Chain Analysis
5.1.1 Raw End-use Suppliers
5.1.1.1 Coal
5.1.1.2 Petroleum
5.1.2 Coal Tar Distillation And Refining:
5.1.2.1 Coal Tar Processing
5.1.2.2 Refining
5.1.3 Manufacturing And Application:
5.1.3.1 Aluminum Production
5.1.3.2 Graphite And Carbon Fiber Production
5.1.4 End Users/Industries:
5.1.4.1 Aluminum Industry
5.1.4.2 Battery Manufacturing
5.1.4.3 Carbon Fiber Production
5.1.4.4 Construction And Infrastructure
5.1.5 Logistics And Distribution:
5.1.5.1 Transport Of Raw End-uses
5.1.5.2 Transportation Of Finished Products
5.1.6 End-use Manufacturing And Recycling:
5.1.6.1 Recycling
5.1.6.2 New Technologies
5.1.7 Challenges In The Supply Chain:
5.1.7.1 Environmental Regulations
5.1.7.2 Geopolitical Risks
5.1.8 Market Demand And Pricing Fluctuations:
5.1.8.1 Market Fluctuations
5.1.8.2 Sustainability Concerns
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Threat Of Substitutes
5.2.3 Bargaining Power Of Suppliers
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
5.3 Pestle Analysis
5.3.1 Political Factors
5.3.2 Economic Factors:
5.3.3 Social Factors:
5.3.4 Technological Factors:
5.3.5 Legal Factors:
5.3.6 Environmental Factors:
5.4 Technology Advancements
5.4.1 Improved Coking And Distillation Processes
5.4.2 Cleaner Production And Environmental Technologies:
5.4.3 Sustainable Alternatives And Bio-based Pitch:
5.4.4 Digitalization And Process Optimization:
5.4.5 Recycling And Circular Economy Practices:
5.5 Regulatory Framework
5.6 Coal Tar
5.7 Aluminium
5.8 Coal Tar
5.9 Aluminium
5.10 Coal Tar Pitch
6 Global Coal Tar Pitch Market, By Grade
6.1 Introduction
6.1.1 Aluminium Grade
6.1.2 Graphite Grade Coal Tar Pitch (Gctp)
6.1.3 Special Grade
7 Global Coal Tar Pitch Market, By Application
7.1 Introduction
7.1.1 Aluminium Smelting
7.1.2 Graphite Electrodes
7.1.3 Roofing
7.1.4 Carbon Fiber
7.1.5 Refractories
7.1.6 Others
8 Global Coal Tar Pitch Market, By Region
8.1 Introduction
8.1.1 North America
8.1.1.1 Us
8.1.1.2 Canada
8.1.1.3 Mexico
8.1.2 Europe
8.1.2.1 Germany
8.1.2.2 Uk
8.1.2.3 France
8.1.2.4 Italy
8.1.2.5 Spain
8.1.2.6 Rest Of Europe
8.1.3 Asia-pacific
8.1.3.1 Japan
8.1.3.2 China
8.1.3.3 India
8.1.3.4 Australia
8.1.3.5 Rest Of Asia Pacific
8.1.4 South America
8.1.4.1 Brazil
8.1.4.2 Colombia
8.1.4.3 Rest Of South America
8.1.5 Middle East & Africa
8.1.5.1 South Africa
8.1.5.2 Gcc Countries
8.1.5.3 Rest Of Middle East And Africa
9 Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis, 2023
10 Company Profiles
10.1 3 M Company
10.2 Rain Carbon Inc
10.2.1 Company Overview
10.2.2 Products Offered
10.2.3 Swot Analysis
10.2.4 Key Strategy
10.3 Mitsubishi Chemical Carbon Fiber And Composites (Mccfc)
10.3.1 Company Overview
10.3.2 Products Offered
10.3.3 Swot Analysis
10.3.4 Key Strategy
10.4 Himadri Speciality Chemical Ltd
10.4.1 Company Overview
10.4.2 Products Offered
10.4.3 Swot Analysis
10.4.4 Key Strategy
10.5 Deza A.S
10.5.1 Company Overview
10.5.2 Products Offered
10.5.3 Swot Analysis
10.5.4 Key Strategy
10.6 Nippon Steel & Sumikin Chemical Co
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Swot Analysis
10.6.5 Key Strategy
10.7 China Steel Chemical Corporation
10.7.1 Company Overview
10.7.2 Products Offered
10.7.3 Swot Analysis
10.7.4 Key Strategy
11 Data Citations
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Global Coal Tar Estimates & Forecast, By Region, 2018–2032 (Usd Million)
Table 3 Global Aluminium Estimates & Forecast, By Region, 2018–2032 (Usd Billion)
Table 4 Global Coal Tar Estimates & Forecast, 2018–2032 Price (Usd/Kg)
Table 5 Global Aluminium Estimates & Forecast, 2018–2032 Price (Usd/Kg)
Table 6 Global Coal Tar Pitch Estimates & Forecast, 2018–2032 Price (Usd/Kg)
Table 7 Global Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 8 Global Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 9 Global Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 10 Global Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 11 Global Coal Tar Pitch Estimates & Forecast, By Region, 2018–2032 (Usd Million)
Table 12 Global Coal Tar Pitch Estimates & Forecast, By Region, 2018–2032 (Kilo Tons)
Table 13 North America Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 14 North America Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 15 North America Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 16 North America Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 17 Us Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 18 Us Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 19 Us Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 20 Us Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 21 Canada Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 22 Canada Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 23 Canada Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 24 Canada Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 25 Mexico Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 26 Mexico Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 27 Mexico Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 28 Mexico Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 29 Europe Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 30 Europe Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 31 Europe Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 32 Europe Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 33 Germany Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 34 Germany Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 35 Germany Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 36 Germany Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 37 Uk Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 38 Uk Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 39 Uk Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 40 Uk Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 41 France Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 42 France Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 43 France Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 44 France Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 45 Italy Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 46 Italy Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
Table 47 Italy Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Usd Million)
Table 48 Italy Coal Tar Pitch Estimates & Forecast, By Application, 2018–2032 (Kilo Tons)
Table 49 Spain Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Usd Million)
Table 50 Spain Coal Tar Pitch Estimates & Forecast, By Grade, 2018–2032 (Kilo Tons)
List Of Figures
Figure 1 Global Coal Tar Pitch Market (By Region), 2023
Figure 2 Global Coal Tar Pitch: Structure
Figure 3 Driver Impact Analysis (2024-2032)
Figure 4 Restraint Impact Analysis (2024-2032)
Figure 5 Porter's Five Forces Analysis Of The Coal Tar Pitch
Figure 6 Global Coal Tar Pitch Market, By Grade, 2023 (% Share)
Figure 7 Global Coal Tar Pitch Market, By Grade, 2023 (% Share)
Figure 8 Global Coal Tar Pitch Market, By Application, 2023 (% Share)
Figure 9 Global Coal Tar Pitch Market, By Application, 2023 (% Share)
Figure 10 Global Coal Tar Pitch Market Major Players Market Share Analysis, 2023 (%)
Figure 11 Rain Carbon Inc Company: Swot Analysis
Figure 12 Mitsubishi Chemical Carbon Fiber And Composites (Mccfc): Swot Analysis
Figure 13 Himadri Speciality Chemical Ltd: Swot Analysis
Figure 14 Deza A.S.: Swot Analysis
Figure 15 Nippon Steel & Sumikin Chemical Co: Swot Analysis
Figure 16 China Steel Chemical Corporation (Cscc): Swot Analysis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings