Coal Tar Pitch Market Segmentation, Status and Supply Chain Analysis till 2022
Global Coal Tar Pitch Market is anticipated to witness an exponential growth in the forecast period. Coal-tar pitch is the residue of distillation of the coal tar, which is thick black liquid in color. It is mainly used as a base for the paving, roofing, and for the base of coatings and paints and as a binder in asphalt products. The factors that propel the growth of the market include growing demand for aluminum across numerous end-use industries such as packaging, automotive and others, increasing demand, technological advancement, and coal tar pitch is also progressively being used as a roofing material. On the other hand, there are factors that may hamper the growth of the market including the use of substitute materials such as thermoplastic olefin (TPO). The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Global Coal Tar Pitch Market is anticipated to witness an exponential growth in the forecast period. Coal-tar pitch is the residue of distillation of the coal tar, which is thick black liquid in color. It is mainly used as a base for the paving, roofing, and for the base of coatings and paints and as a binder in asphalt products.
The factors that propel the growth of the market include growing demand for aluminum across numerous end-use industries such as packaging, automotive and others, increasing demand, technological advancement, and coal tar pitch is also progressively being used as a roofing material. On the other hand, there are factors that may hamper the growth of the market including the use of substitute materials such as thermoplastic olefin (TPO). The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
• NSSMC<br />
• RuTGERS<br />
• Sh<strong>and</strong>ong Baoshun<br />
• request free sample to get a complete list of companies<br />
Key Questions Answered in this Report<br />
• What will the market size be in <strong>2022</strong>?<br />
• What are the key factors driving the global coal tar pitch market?<br />
• What are the challenges to market growth?<br />
• Who are the key players in the coal tar pitch market?<br />
• What are the market opportunities <strong>and</strong> threats faced by the key players?
Change language