Global Coal Tar

Global Coal Tar Market Research Report: Forecast (2021-2026)

By Type (High-Temperature Coal Tar, Medium Temperature Coal Tar, Low-Temperature Coal Tar), By End-User (Aluminum Industry, Graphite Electrodes, Roofing, Ink and Paint Industry, Tire Industry, Others Read more

  • Energy
  • Jun 2021
  • 223
  • EN55008

Market Overview

Coal tar has its wide usage in many applications like paving roads, a base for paint and coatings, binder in asphalt products. It consists of many chemical compounds and is proven to be a vital element used in the creation of steel & to process aluminum. 

According to MarkNtel Advisors’ research report, “Global Coal Tar Market Analysis, 2021,” the market is likely to grow at a CAGR of around 5% in the forecast period of 2021-26. It owes prominently to the recent developments in the medical sector, proving that coal tar is applicable on the skin to treat different skin-related problems like eczema, psoriasis, and seborrheic dermatitis. Furthermore, the medicinal properties of coal tar cast the dead skin cells from the topmost layer and reduce the growth of new skin cells. This effect reduces the problem of scaling & dryness and minimizes itchiness.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 5%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy
Asia-Pacific: China, India, Japan, South Korea, Australia
South America: Brazil
Middle East & Africa: UAE, Saudi Arabia, South Africa
Key Companies Profiled Bathco Ltd., Bilbaina de Alquitranes, S.A., Coopers Creek chemical corporation, Crowley Chemical Company, Inc., DEZA a. S, Hengshui Zehao Chemicals Co., Ltd., Himadri Speciality Chemicals Ltd, JFE Chemical Corporation, Koppers Inc., Mitsubishi Chemical Corporation, Neptune Hydrocarbons Mfg. Pvt. Ltd., Rain Carbon Inc., Shandong Jiefuyi
Unit Denominations USD Million/Billion

 

Impact of COVID-19

With the outbreak of the COVID-19 pandemic, the tire & rubber industry was significantly affected, which further impacted the Global Coal Tar Market. The manufacturers shut down their production plants to deal with the losses that occurred. However, with the growing applications in the fiber and textile industries, the market shall recover in the coming years. Furthermore, the rising adoption of electric & self-driving cars shall also enable the Global Coal Tar Market to create lucrative growth opportunities in the coming years. 

Global Coal Tar Market Research Report: Forecast (2021-2026)

Market Segmentation

Low-Temperature Coal Tar likely to witness Fastest Growth

Based on the Type, the Global Coal Tar Market segments into High-Temperature Coal Tar, Medium-Temperature Coal Tar, and Low-Temperature Coal Tar segment, where the Low-Temperature Coal Tar is more likely to achieve the fastest market growth in the forecast years. It has prominent usage while producing clean fuels, especially for jets, thereby likely to witness exponential breakthrough. Moreover, it also provides technical support for the development of higher value-added oil products. Hence, the Low-Temperature Coal Tar segment shall observe robust demand and attain the fastest market growth in the forecast period.

Roofing Segment likely to Acquire the Largest Market Share

Based on End-user, the market segments into Aluminum Industry, Graphite Electrodes, Roofing, Ink and Paint Industry, Tire Industry, and Others like Carbon Fiber, Paving, Refractories. However, the Roofing segment is likely to hold the largest market share in the forecast years, being the leading applicator. Roofing has wide use in the industry and is in extensive demand across the globe. It owes prominently to its low maintenance, less life-cycle costs, and long-term persistence. Furthermore, it is also used in various end-user industries as a binder in asphalt products, paving, and the base layer of coatings & paint. Hence, the segment is likely to witness substantial market share in the forecast period, states MarkNtel Advisors in their research report, “Global Coal Tar Market Analysis, 2021.”

Regional Landscape

North America Dominates with the Largest Market Share

North America is likely to dominate the market with the largest market share in the forecast period. It owes to the massive increase in domestic production of coal tar, which further results in the flooding demand for aluminum, graphite, and multiple other industries in North America. The US is the key contributor in the market due to its exponential investments, which are likely to propel the demand for coal and lead the coal tar market to attain the largest share in the forecast period.

Market Driver

The rapidly increasing demand for aluminum is likely to propel stringent regulations concerning vehicle emissions, resulting in the growing use of aluminum to manufacture lightweight aluminum components. The growth of the Global Coal Tar Market in the industry shall drive the demand for raw carbon materials & products, like petroleum coke, coal tar, anodes, and cathodes, and create lucrative opportunities in the forecast period. 

Competitive Landscape

According to MarkNtel Advisors, the leading players in the Global Coal Tar Market are Bathco Ltd., Bilbaina de Alquitranes, S.A., Coopers Creek chemical corporation, Crowley Chemical Company, Inc., DEZA a. S, Hengshui Zehao Chemicals Co., Ltd., Himadri Speciality Chemicals Ltd, JFE Chemical Corporation, Koppers Inc., Mitsubishi Chemical Corporation, Neptune Hydrocarbons Mfg. Pvt. Ltd., Rain Carbon Inc., Shandong Jiefuyi.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Coal Tar Market?
  2. What is the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Coal Tar Market?  
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Coal Tar Market based on the competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Coal Tar Market study?  

Market Outlook, Segmentation, and Statistics

  • Impact of COVID-19 on Global Coal Tar Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Type
      • High-Temperature Coal Tar
      • Medium Temperature Coal Tar
      • Low-Temperature Coal Ta
    • By End-User
      • Aluminum Industry
      • Graphite Electrodes
      • Roofing
      • Ink and Paint Industry
      • Tire Industry
      • Others
      •    Carbon Fiber
      •    Paving
      •    Refractories
    • By Application
      • Carbon Black
      • Pitch
      • Aluminum Grade
      •    Binder and Impregnating Grade
      •    Special Grade
      • Wash Oil
      • Others
      •    Anthracene Oil Fraction
      •    Tar Oil
    • By Region
      • North America Coal Tar Market Outlook, 2016-2026F (USD Million)
        • The US Coal Tar Market Outlook, 2016-2026F (USD Million)
        • Canada Coal Tar Market Outlook, 2016-2026F (USD Million)
      • South America Coal Tar Market Outlook, 2016-2026F (USD Million)
        • Brazil Coal Tar Market Outlook, 2016-2026F (USD Million)
      • Europe Coal Tar Market Outlook, 2016-2026F (USD Million)
        • The UK Coal Tar Market Outlook, 2016-2026F (USD Million)
        • Germany Coal Tar Market Outlook, 2016-2026F (USD Million)
        • France Coal Tar Market Outlook, 2016-2026F (USD Million)
      • Asia-Pacific Coal Tar Market Outlook, 2016-2026F (USD Million)
        • China Coal Tar Market Outlook, 2016-2026F (USD South Korea Coal Tar Market Outlook, 2016-2026F (USD Million)
        • Japan Coal Tar Market Outlook, 2016-2026F (USD Million)
      • The Middle East & Africa Coal Tar Market Outlook, 2016-2026F (USD Million)
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • Global Coal Tar Market Hotspots & Opportunities
  • Global Coal Tar Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. Global Coal Tar Market is likely to grow at a CAGR of around 5% in the forecast period of 2021-26.

A. Bathco Ltd., Bilbaina de Alquitranes, S.A., Coopers Creek chemical corporation, Crowley Chemical Company, Inc., DEZA a. S, Hengshui Zehao Chemicals Co., Ltd., Himadri Speciality Chemicals Ltd, JFE Chemical Corporation, Koppers Inc., Mitsubishi Chemical Corporation, Neptune Hydrocarbons Mfg. Pvt. Ltd., Rain Carbon Inc., Shandong Jiefuyi are few of the leading players in the Global Coal Tar Market.

A. The Tire Industry is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. North America continues to grow at the highest CAGR in the forecast period of 2021-26, thereby presenting immense opportunities to the Global Coal Tar Market players.

A. The growth of the Global Coal Tar Market in the industry shall drive the demand for raw carbon materials & products, like petroleum coke, coal tar, anodes, and cathodes, and create lucrative opportunities in the forecast period.

A. The Global Coal Tar Market is likely to recover in the coming years primarily due to the growing applications in the fiber & textile industries. Furthermore, the rising adoption of electric & self-driving cars shall also enable the Coal Tar industry to create lucrative growth opportunities in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Coal Tar Market 
  5. Global Coal Tar Market Trends & Insights
  6. Global Coal Tar Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Coal Tar Market Hotspot & Opportunities
  8. Global Coal Tar Market Regulations, Policies, Product Benchmarks
  9. Global Coal Tar Market Export Import Analysis
  10. Global Coal Tar Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2. By Volume (Tons)
    2. Market Share & Analysis
      1. By Type
        1. Medium Temperature Coal Tar
        2. High Temperature Coal Tar
        3. Low Temperature Coal Tar       
      2. By End User
        1. Aluminum Industry
        2. Graphite Electrodes
        3. Roofing
        4. Ink and Paint Industry
        5. Tire Industry
        6. Others (Carbon Fiber, Paving, Refractories)
      3. By Application
        1. Carbon Black
        2. Pitch
          1. Aluminum Grade
          2. Binder and Impregnating Grade
          3. Special Grade
        3. Wash Oil
        4. Others (Anthracene Oil Fraction, Tar Oil)
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Competitors
        1. Competition Characteristics
        2.  Market Share & Analysis
        3. Competitive Matrix
  11. North America Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
      2. By Volume
    2. Market Share & Analysis
      1. By Type
      2. By End User
      3. By Application
    3. By Country
      1. The US
      2. Canada
      3. Mexico
  12. The US Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End User
  13. Canada Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End User
  14. Mexico Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End User
  15. South America Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
      2. By Volume
    2. Market Share & Analysis
      1. By Type
      2. By End User
      3. By Application
      4. By Country
        1. Brazil
        2. Others
    3. Brazil Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
  16. Europe Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
      2. By Volume
    2. Market Share & Analysis
      1. By Type
      2. By End User
      3. By Application
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Others
    3. Germany Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    4. The UK Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    5. France Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    6. Italy Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    7. Spain Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
  17. Middle East & Africa Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
      2. By Volume
    2. Market Share & Analysis
      1. By Type
      2. By End User
      3. By Application
      4. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Others
    3. Saudi Arabia Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    4. UAE Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    5. South Africa Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
  18. Asia Pacific Coal Tar Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
      2. By Volume
    2. Market Share & Analysis
      1. By Type
      2. By End User
      3. By Application
      4. By Country
        1. India
        2. China
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. India Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    4. Japan Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    5. China Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    6. South Korea Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
    7. Australia Coal Tar Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By End User
  19. Key Strategic Imperatives for Success and Growth
  20. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. Bathco Ltd.
      2. Bilbaina de Alquitranes, S.A.
      3. Coopers Creek chemical corporation
      4. Crowley Chemical Company, Inc.
      5. DEZA a. s
      6. Hengshui Zehao Chemicals Co., Ltd.
      7. Himadri Speciality Chemicals Ltd
      8. JFE Chemical Corporation
      9. Koppers Inc.
      10. Mitsubishi Chemical Corporation.
      11. Neptune Hydrocarbons Mfg. Pvt. Ltd.
      12. Rain Carbon Inc.
      13. Shandong Jiefuyi
  21. Disclaimer
Global Coal Tar Market Segmentation