Market Overview:
The global coal-tar pitch market is expected to grow at a CAGR of 3.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paving, roofing, and other applications from various end-use industries. In terms of type, the low-temperature coal-tar pitch segment is projected to lead the market during the forecast period. This can be attributed to its growing demand from various end-use industries such as construction and automotive.
Product Definition:
A black, viscous liquid that is obtained by the distillation of coal tar. It is used in roofing, paving, and as a sealant.
Low-Temperature Coal-Tar Pitch:
Low-Temperature Coal-Tar Pitch (LTCTP) is a type of coal tar pitch that is manufactured by the thermal processing of coal tar. It has high demand in adhesives, sealants and coatings, and inks & printing inks industries.
Medium-Temperature Coal-Tar Pitch:
Coal tar pitch is a product obtained as a by-product of the coalification process. It is also known as bitumen pitch or medium-temperature (MT) coal tar. Coal tar pitch has high viscosity and low water content, which makes it suitable for use in roofing and flooring applications. The product possesses waterproof properties that make it applicable to be used on wooden structures such as barns, warehouses, etc.
Application Insights:
Paving was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Paving applications include highways, streets, alleys, parking lots and walkways. The growth of paving applications can be attributed to increasing infrastructure spending by governments across the world. For instance, according to a study ¢â‚¬Å“The World Bank¢â‚¬ coal-tar pitch based roofing systems are one of the best materials for constructing paved surfaces as it provides durability along with superior heat and water resistance properties.
Roofing accounted for 20% market share in terms of volume in 2017 on account of growing demand from residential construction sector across various regions including North America, Europe & Asia Pacific Latin America Africa.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to rapid industrialization, availability of cheap labor, and government support for infrastructure development. China is one of the largest consumers as well as producers owing to presence of large coal reserves in that country.
The demand for tar Pitch globally was estimated at 5,843 kilotons in 2016 and is projected to reach 7,746 kilotons by 2030 growing at an estimated CAGR of XX% from 2018 to 2030 which will result into a demand exceeding 1 million tons by 2030 (Ref: World Steel Association). Increasing steel production coupled with increasing construction activities across Asia Pacific region will drive product consumption further driving industry growth over next eight years (2018-2027).
Growth Factors:
- Growing demand from the construction industry for waterproofing and roofing membranes is expected to drive the growth of the coal-tar pitch market.
- Increasing use of coal-tar pitch in asphalt pavements is also anticipated to boost the market growth.
- Rising demand for carbon black in various end-use industries is projected to fuel the growth of the coal-tar pitch market over the forecast period.
- Growing application scope of coal tar pitch in adhesives, sealants, and coatings is likely to propel its demand during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coal-Tar Pitch Market Research Report
By Type
Low-Temperature Coal-Tar Pitch, Medium-Temperature Coal-Tar Pitch, High-Temperature Coal-Tar Pitch
By Application
Paving, Roofing, Others
By Companies
Elkem, Himadri, The Garland Company, Gautam Zen International, Durapax, Konark Tar Products, Rain Carbon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Coal-Tar Pitch Market Report Segments:
The global Coal-Tar Pitch market is segmented on the basis of:
Types
Low-Temperature Coal-Tar Pitch, Medium-Temperature Coal-Tar Pitch, High-Temperature Coal-Tar Pitch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paving, Roofing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elkem
- Himadri
- The Garland Company
- Gautam Zen International
- Durapax
- Konark Tar Products
- Rain Carbon
Highlights of The Coal-Tar Pitch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low-Temperature Coal-Tar Pitch
- Medium-Temperature Coal-Tar Pitch
- High-Temperature Coal-Tar Pitch
- By Application:
- Paving
- Roofing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coal-Tar Pitch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coal-tar pitch is a type of oil paint made from coal tar. It is a thick, black paint that can be used to create a variety of effects, including shading and highlights.
Some of the major companies in the coal-tar pitch market are Elkem, Himadri, The Garland Company, Gautam Zen International, Durapax, Konark Tar Products, Rain Carbon.
The coal-tar pitch market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coal-Tar Pitch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coal-Tar Pitch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coal-Tar Pitch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coal-Tar Pitch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coal-Tar Pitch Market Size & Forecast, 2018-2028
4.5.1 Coal-Tar Pitch Market Size and Y-o-Y Growth
4.5.2 Coal-Tar Pitch Market Absolute $ Opportunity
Chapter 5 Global Coal-Tar Pitch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coal-Tar Pitch Market Size Forecast by Type
5.2.1 Low-Temperature Coal-Tar Pitch
5.2.2 Medium-Temperature Coal-Tar Pitch
5.2.3 High-Temperature Coal-Tar Pitch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coal-Tar Pitch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coal-Tar Pitch Market Size Forecast by Applications
6.2.1 Paving
6.2.2 Roofing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coal-Tar Pitch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coal-Tar Pitch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coal-Tar Pitch Analysis and Forecast
9.1 Introduction
9.2 North America Coal-Tar Pitch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coal-Tar Pitch Market Size Forecast by Type
9.6.1 Low-Temperature Coal-Tar Pitch
9.6.2 Medium-Temperature Coal-Tar Pitch
9.6.3 High-Temperature Coal-Tar Pitch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coal-Tar Pitch Market Size Forecast by Applications
9.10.1 Paving
9.10.2 Roofing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coal-Tar Pitch Analysis and Forecast
10.1 Introduction
10.2 Europe Coal-Tar Pitch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coal-Tar Pitch Market Size Forecast by Type
10.6.1 Low-Temperature Coal-Tar Pitch
10.6.2 Medium-Temperature Coal-Tar Pitch
10.6.3 High-Temperature Coal-Tar Pitch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coal-Tar Pitch Market Size Forecast by Applications
10.10.1 Paving
10.10.2 Roofing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coal-Tar Pitch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coal-Tar Pitch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coal-Tar Pitch Market Size Forecast by Type
11.6.1 Low-Temperature Coal-Tar Pitch
11.6.2 Medium-Temperature Coal-Tar Pitch
11.6.3 High-Temperature Coal-Tar Pitch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coal-Tar Pitch Market Size Forecast by Applications
11.10.1 Paving
11.10.2 Roofing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coal-Tar Pitch Analysis and Forecast
12.1 Introduction
12.2 Latin America Coal-Tar Pitch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coal-Tar Pitch Market Size Forecast by Type
12.6.1 Low-Temperature Coal-Tar Pitch
12.6.2 Medium-Temperature Coal-Tar Pitch
12.6.3 High-Temperature Coal-Tar Pitch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coal-Tar Pitch Market Size Forecast by Applications
12.10.1 Paving
12.10.2 Roofing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coal-Tar Pitch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coal-Tar Pitch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coal-Tar Pitch Market Size Forecast by Type
13.6.1 Low-Temperature Coal-Tar Pitch
13.6.2 Medium-Temperature Coal-Tar Pitch
13.6.3 High-Temperature Coal-Tar Pitch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coal-Tar Pitch Market Size Forecast by Applications
13.10.1 Paving
13.10.2 Roofing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coal-Tar Pitch Market: Competitive Dashboard
14.2 Global Coal-Tar Pitch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elkem
14.3.2 Himadri
14.3.3 The Garland Company
14.3.4 Gautam Zen International
14.3.5 Durapax
14.3.6 Konark Tar Products
14.3.7 Rain Carbon
