Press release
Petroleum Pitch Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Petroleum Pitch MarketDue to the COVID-19 pandemic, the global Petroleum Pitch market size is estimated to be worth US$ 849.7 million in 2022 and is forecast to a readjusted size of US$ 962.6 million by 2028 with a CAGR of 2.1% during the review period.
Fully considering the economic change by this health crisis, High Performance accounting for % of the Petroleum Pitch global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
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While Road Surface Sealings segment is altered to an % CAGR throughout this forecast period.
China Petroleum Pitch market size is valued at US$ million in 2021, while the US and Europe Petroleum Pitch are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.
As for the Europe Petroleum Pitch landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Petroleum Pitch include Mitsubishi Chemical, Solvay (Cytec Industries), Rain Carbon, ORG CHEM Group, Koppers and Puyang Changyu Petroleum Resins, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Petroleum Pitch capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Petroleum Pitch by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Petroleum Pitch market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Petroleum Pitch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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By Type
• High Performance
• Universal
By Application
• Road Surface Sealings
• Aluminum Anodes
• Insulation
• Refractory Bricks
• Others
By Company
• Mitsubishi Chemical
• Solvay (Cytec Industries)
• Rain Carbon
• ORG CHEM Group
• Koppers
• Puyang Changyu Petroleum Resins
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