Coal Tar Pitch Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Coal Tar Pitch Market Expected to Behold a CAGR of
5.4% through 2018-2028 | Future Market Insights
March 2020
Report Id : REP-GB-7186
Published On : 12-Nov-2018
Category : Chemicals and Materials
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
www.futuremarketinsights.com © 2019 Future I @futuremarketins Market Insights, All I Rights /company/future-market-insights
Reserved
About
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
Research Capabilities Sector Coverage
Customized Research Automotive and Transportation
Syndicated Research Electronics, Semiconductor, and ICT
Investment Research Retail and Consumer Products
Social Media Research Industrial Automation and Equipment
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2)
Systematic Research Approach
Market profiling
Formulating discussion guide
Developing list of respondents
Data collection
Data validation
4
5
3
1
2
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
FMI formulates a detailed discussion
guide to conduct expert and industry
interviews
FMI develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
FMI conducts interviews with industry
experts, industry players, distributors
and retailers
Data is validated by triangulation
method, wherein secondary, primary
and FMI analysis contribute to the final
data
Data
Collection
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
A
Primary
Research
C
Company
Analysis
Research &
Intelligence
SOLUTION
Actionable
Insights
B
Desk
Research
Business
Solution
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Data analysis
6
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
Primary Research #
Secondary Research #
Paid Publications#
Insights
7
FMI delivers industry insights and
information in the required format
(PDF)
Zoominfo
Salesforce
Avention
Company websites
Company annual
reports
White papers
Financial reports
Factiva
GBI
Genios
Meltwater
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
# includes sources of databases
3
Coal Tar Pitch Market Analysis
Tier-1 companies in coal tar manufacturing represent 60-70% share of the total market
revenue. With massive coal tar distillation capacities across the globe, these players in coal
tar pitch landscape maintain their focus on both, standard grade and special grade coal tar
pitch (CTP) production.Tier 2 players have a strong presence over restricted regions,
whereas that of Tier 3 competitors is limited to regional sales. Standard grade coal tar pitch
is the key focus area for the latter two, according to Future Market Insight's study on the
global coal tar pitch landscape.
"Production facility expansion, strategic acquisitions, and CTP product innovation will
remain the key developmental strategies trending among leading players," says a senior
research analyst at FMI. The analyst adds further, "Massive Aluminum demand from
automotive and transportation sectors has been pushing the Aluminum production levels
4-5% (yearly) since the recent past. Growing demand for lightweight vehicles is among the
most impactful factors driving the consumption of Aluminum, subsequently contributing to
sales of coal tar pitch".
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
4
Coal Tar Pitch Market Analysis
Long-term Contractual Partnerships & Backward Integrated Supply Rule Strategic Minds of
Coal Tar Pitch Manufacturers : While manufacturers of coal tar pitch are preferring longterm
supply contracts with leading coal tar manufacturers, FMI has also identified these
players entering strategic partnerships with steel manufacturers, where coal tar is often
the byproduct of coke processing ovens. A few other activities that make this landscape
dynamic include long-term contracts between manufacturers of coal tar pitch and those of
primary aluminum and graphite electrode, with a sole objective to sustain the coal tar
pitch supply to end markets.
Aluminum Grade CTP Holds a Winning Revenue Share in Coal Tar Pitch Market :
Application-wise, around 80% revenue share belongs to the aluminum electrode,
according to the study. As coal tar pitch is increasingly being consumed by aluminum
smelters lowing to higher sustainability and economic feasibility, the mushrooming
Aluminum production is constantly driving the growth of coal tar pitch landscape. In 2019,
the revenue of Aluminum grade coal tar pitch is pegged for over 5% Y-o-Y growth. Besides,
Graphite electrode is also slated for promising performance and the application base of
coal tar pitch as a chemical intermediate in carbon black manufacturing is visibly growing.
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
5
Coal Tar Pitch Market Analysis
Development of Specialized 'Zero QI Impregnating' Coal Tar Pitch Expands Applicability : A
specialized 'impregnating' pitch obtained by processing coal tar at a high temperature is
widely used in the Graphite industry during the electrode manufacturing process. The
resultant technological advancements in the life of electrodes pushes CTP applications in
roofing, coating, electrode, refractory, and others. China Commands over Global Coal Tar
Pitch Landscape, India Leads Asia Pacific's CTP Scenario : China, India, Russia, and Western
Europe have a significant aluminum production base, whereas MEA is demonstrating
promising growth in coal tar pitch landscape in recent years. North America, however, is
observing passive growth over the recent past, post decline in the aluminum production
levels.
According to the FMI's report, China is the global leader in coal tar pitch ecosystem owing
to significant Aluminum production and thriving production levels of Graphite electrode.
China is projected for a 6% year on year revenue growth by this year's end, reflecting
ample growth opportunities for coal tar pitch manufacturers. On the other side, APAC's
market for coal tar pitch is witnessing growth concentration in India that has been
attributed to an impressive rate of Aluminum production in the country.
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
6
Coal Tar Pitch Market Analysis
Source Link: https://www.marketwatch.com/press-release/coal-tar-pitch-market-isexpected-to-reach-a-value-of-over-us-5145-mn-by-2028-koppers-inc-rain-industrieslimited-2019-05-17
About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We
deliver syndicated research reports, custom research reports and consulting services which
are personalized in nature. FMI delivers a complete packaged solution, which combines
current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive framework and future market trends.
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
7
Coal Tar Pitch Market Analysis
Contact Us
Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press Office: press@futuremarketinsights.com
SOURCE: Future Market Insights
Click here to
Order a free sample
For more insights on the Coal Tar Pitch Market,
you can request a report sample with full TOC
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
8
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
sales@futuremarketinsights.com
For media queries, contact the press office at
press@futuremarketinsights.com
For other queries contact:
Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
9