Press release
Coal Tar (CAS 8007-45-2) Market Share, Future Demand, Business Prospects, Demand, Growth, Key Vendors and Forecast 2025
Coal tar is derived from coal. It is a byproduct of the production of coke, a solid fuel that contains mostly carbon, and coal gas. Coal tar is used primarily for the production of refined chemicals and coal-tar products, such as creosote and coal-tar pitch. Coal tar can be used to produce many downstream chemical products including carbon black, pitch and wash oil etc. It can also be used as fuel oil directly. During all those applications, Carbon black is the largest consumption field, which consumed 11785.3 kilo tonne in 2018. Pitch is the second largest field with consumption share of 44.95% in 2018.Globally, there are many suppliers, such as Baowu Steel Group, Rain Industries Limited, JFE Chemical, OCI, Koppers, Baoshun, Huanghua Xinnuo Lixing, Shanxi Coal and Chemical, POSCO, Sunlight Coking, Himadri Chemicals & Industries, Nippon Steel & Sumitomo Metal, Mitsubishi Chemical, Jiangxi Black Cat and Ansteel etc. Most coal tar suppliers also produce downstream product directly. Global major production regions are mainly distributed in China, Asia other regions, Europe and North America.
In 2017, China was the largest production regions, with production share of 71.69%. Europe is the second largest production region, which produced 2342.2 kilo tonne in 2017. Limited by critical environmental pressure, China suppliers have decreased their capacity ultimate rate during those two years. In the future, driven by increasing downstream demand, we predict that global consumption will increase. By 2024, global coal tar production will be 26579.1 kilo tonne. The global Coal Tar (CAS 8007-45-2) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Coal Tar (CAS 8007-45-2) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coal Tar (CAS 8007-45-2) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Baowu Steel Group
JFE Chemical
OCI
Koppers
Baoshun
POSCO
Sunlight Coking
Mitsubishi Chemical
Jiangxi Black Cat
Ansteel
Segment by Regions
North America
Europe
China
Japan
Segment by Type
High Temperature Coal Tar
Medium Temperature Coal Tar
Low Temperature Coal Tar
Get Complete Report Within 24 hours @ https://www.qyresearch.com/settlement/pre/e5865ea10079abe206ac347354197b5d,0,1,Global%20Coal%20Tar%20CAS%208007-45-2%20Competition%20Situation%202019
Segment by Application
Carbon Black
Pitch
Wash Oil
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