Address: Insure Insights 61 Bridge Street, Kington.HR5 3DJ United Kingdom

Global Coal Tar Pitch Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Home
  • Reports
  • Global Coal Tar Pitch Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028
Global Coal Tar Pitch Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Coal Tar Pitch Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 01 Aug 2020
  • Report ID: ICT&S 0057
  • Pages:197
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the global coal tar pitch market is estimated to grow at a CAGR of 5.7% during the forecast period. Coal tar pitch (CTP) is derived from the distillation of coal tar and is used as an industrial product. Coal tar is referred to as the thick dark liquid produced as a by-product during coke and coal gas production from coal. CTP is typically used in the production of aluminum, graphite, and other specialty chemicals. CTP is liquid, which primarily contains a mixture of bi- and poly-condensed aromatic hydrocarbons. The tar also has compounds with heteroatoms in rings and phenols.

Top Driver: Surging Demand for Aluminum and Light Weight Vehicle

Due to the economic feasibility and sustainability of coal tar as a binder, it is widely used as a raw material for carbon electrodes used to produce aluminum. Thus, the surging demand for aluminum is the primary driver of the global coal tar pitch market. The increasing number of infrastructure projects in recent years, especially in developing countries and stringent regulations on vehicle emissions, have resulted in aluminum usage in light-weight automobile components. This, in turn, has driven the coal tar pitch market. In addition, the shift of the manufacturer’s focus on EAF steel made from graphite electrodes is consecutively propelling the coal tar pitch market.

Aluminum Smelting Accounts for the Largest Market Share

The global coal tar pitch market has been segmented into aluminum smelting, graphite electrode, roofing, and others based on the application. The aluminum smelting holds the largest market share due to the surging demand for aluminum from various industries. Sectors such as the automotive, aerospace, and space industries are the largest consumers for the aluminum due to its strength and lightweight. Besides, the stringent environmental regulations worldwide over the pollution from automobiles also create a huge demand for the demand for aluminum. Based on the grade, the market is segmented into aluminum grade, binder and impregnating grade, and special grade.

Rising Demand for Aluminum and Infrastructure Development to Benefit Asia Pacific

The Asia Pacific is estimated to hold the largest market share due to increasing demand for aluminum in the region from end-user industries, such as automotive, construction, aerospace, building, and others. Besides, countries such as China, India, and Japan are known to be the major steel producers globally, thereby primary end-user of coal tar. Also, increasing expenditure by the government to promote the construction of several architectural structures is driving the demand for steel and aluminum consumption, is expected to further fuel the growth of the coal tar pitch (CTP) market in the coming years.

Players to Focus on Coal Tar Pitch Market

The global coal tar pitch market is estimated to stay fragmented during the forecast period owing to the possible new entrants. The major players operating in the global coal tar pitch market are Coopers Creek Chemical Corporation, Himadri Specialty Chemicals Ltd., Nippon Steel & Sumikin Chemical Co., Ltd., Shanxi Coking Company, Neptune Hydrocarbons, Bathco Ltd., China Steel Chemical Corporation, Hengshui Zehao Chemicals Co., Ltd

Koppers Holdings Inc.: In December 2019, Koppers Holdings Inc. announced that it has entered into a joint venture agreement with two Chinese companies to construct a state-of-the-art tar distillation facility in the Hebei Province near the Jingtang Port. The plant will be capable of distilling approximately 300,000 metric tons of tar into various products including carbon pitch, carbon black oils, and naphthalene.

Scope of the Report

By Grade

  • Aluminium grade
  • Binder and Impregnating grade
  • Special grade

By Application

  • Aluminium smelting
  • Graphite electrodes
  • Roofing
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

 

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Smart Greenhouse Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Smart Greenhouse Market -Industry Snapshots

6.1             Overview

6.1.1          Global Smart Greenhouse Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Smart Greenhouse Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Smart Greenhouse Market- By Type

7.2.1          Smart Greenhouse Market- Hydroponics

7.2.2          Smart Greenhouse Market- Non-hydroponics

Chapter 8           Global Smart Greenhouse Market Analysis, by Component

8.1             Overview

8.2             Key Findings for Smart Greenhouse Market- By Component

8.2.1          Smart Greenhouse Market- HVAC Systems

8.2.2          Smart Greenhouse Market- LED Grow Lights

8.2.3          Smart Greenhouse Market- Control Systems & Sensors

Chapter 9           Global Smart Greenhouse Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Smart Greenhouse Market- By End User

9.2.1          Smart Greenhouse Market- Retail Gardens

9.2.2          Smart Greenhouse Market- Commercial Growers

9.2.3          Smart Greenhouse Market- Research & Educational Institutes

9.2.4          Smart Greenhouse Market- Others

Chapter 10       Smart Greenhouse Market Analysis by Region

10.1           Key Findings for Smart Greenhouse Market- By region

10.2           Overview

10.2.1       Global Smart Greenhouse Market Analysis, By Type, 2019 – 2028

10.2.2       Global Smart Greenhouse Market Analysis, By Component, 2019 – 2028

10.2.3       Global Smart Greenhouse Market Analysis, By End User, 2019 – 2028

10.3           Smart Greenhouse Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Component

10.3.7       North America Market, By End User

10.4           Smart Greenhouse Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Component

10.4.9       Europe market by, End User

10.5           Smart Greenhouse Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Component

10.5.8       Asia Pacific Market, By End User

10.6           Smart Greenhouse Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Component

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Nexus Corporation

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Argus Control Systems Limited

12.3           Certhon

12.4           Rough Brothers, Inc.

12.5           GreenTech Agro LLC

12.6           Netafim

12.7           Sensaphone

12.8           Cultivar Ltd.

12.9           Heliospectra AB

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

Request for Sample

Please fill out the form to receive sample pages of the report