The global coal tar pitch market in india size is expected to reach USD 18.64 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. The report provides detailed insights into coal tar pitch market in india size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in coal tar pitch market in india size over the forecast period, 2020–2028. The report includes profiles of major players in the coal tar pitch market in india, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Growth of the coal tar pitch market in india is driven significantly by need for coal tar pitch in aluminum smelting processes.
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Global coal tar pitch market in india size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications.While conducting primary research, the researchers observed that the rapid growth of the coal tar pitch market in india through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide coal tar pitch market in india. Another key factor driving growth of this market is rapidly increasing consumption of coal tar pitch in aluminum smelting due to rising demand for aluminum for a range of industrial manufacturing and construction applications. Coal tar pitch is used in asphalt for blacktop of roads, as a base for paints and coatings, and also as binder in asphalt products, in addition to being widely used in steel and aluminum production. The worldwide coal tar pitch market in india has been categorized as product, end-user, and major geographic regions. Rising need for energy security and increasing use of coal-derived fuel is expected to continue to drive growth of the global coal tar pitch market in india going ahead.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of coal tar pitch market in india share contribution of these countries. In addition, coal tar pitch market in india share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
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For the purpose of this report, Emergen Research has segmented the global coal tar pitch market in india based on type, application, end-use, marketing channel, and region as follows:
- Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
- Low Temperature Coal Tar
- Medium Temperature Coal Tar
- High Temperature Coal Tar
- Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021-2028)
- Coal Tar Pitch
- Carbon Black Oil
- Specialty Oils
- End-use Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
- Aluminum Industry
- Tire Industry
- Paint Industry
- Wood Preservation
- Marketing Channel Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
- Regional Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
- North America
In terms of coal tar pitch market in india share and revenue contribution to the global coal tar pitch market in india, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in coal tar pitch market in india share.
The market intelligence report on the Coal Tar Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Coal Tar industry
In terms of coal tar pitch market in india size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting coal tar pitch market in india size growth.
Asia Pacific coal tar pitch market in india size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in coal tar pitch market in india size in Asia Pacific, and the trend is expected to continue going ahead.
Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
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Some Key Findings in the Report:
- In February 2020, Epsilon Carbon announced plans to expand its coal tar distillation project and after it received environmental clearance along with other necessary clearance regarding the expansion.
- In March 2018, Gearbulk and Puma Energy created a joint venture in order to operate five coal tar pitch and bitumen tankers as well as perform liquid coal tar pitch, asphalt and bitumen, creosote, and coal tar transportation contracts.
- In March 2020, Epsilon Carbon announced investment of USD 121.6 Million for setting up an integrated carbon black facility, with capacity of 300,000 tons per annum, in Bellary district of Karnataka, India.
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Coal Tar industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the coal tar pitch market in india across different regions?
- Who are the major driving forces expected to decide the fate of the Coal Tar industry worldwide?
- Who are the prominent market players making a mark in the coal tar pitch market in india with their winning strategies?
- Which Coal Tar industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the coal tar pitch market in india?
Table of Content
Chapter 1. Methodology & Sources
1.1. coal tar pitch market in india Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. coal tar pitch market in india Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. coal tar pitch market in india Segmentation & Impact Analysis
4.1. coal tar pitch market in india Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. coal tar pitch market in india indicators analysis
4.2.2. coal tar pitch market in india drivers analysis
220.127.116.11. Rapid urbanization and industrialization
18.104.22.168. Stringent government regulations regarding carbon emissions
22.214.171.124. Increasing prevalence of respiratory diseases
126.96.36.199. Rising need to enhance indoor air quality
4.2.3. coal tar pitch market in india restraints analysis
188.8.131.52. High cost associated with the maintenance of Coal Tar products
184.108.40.206. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. coal tar pitch market in india Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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