The global coal tar market size is expected to reach USD 18.64 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Growth of the coal tar market is driven significantly by need for coal tar pitch in aluminum smelting processes. 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. It is one of the significant products of graphite electrodes that are used in electric arc furnaces. 

The authors of the study also offer a holistic view of the global coal tar market based on the earnings, volume, and sales recorded. The research report furnishes clear guidelines for players to intensify their market position in the global coal tar market. It prepares them to deal with potential challenges and optimize profitable opportunities by providing an extensive analysis of the market scenario. It also guides them to recognize new business goals simultaneously keeping track of the changes in the customer preferences, needs, and the vendor landscape of the global coal tar market. 

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Top Companies Operating in the Coal Tar Market and Profiled in the Report are:

Himadri Speciality Chemical Ltd., Voestalpine AG, Rain Carbon Inc., Industrial Química del Nalón S.A, DEZA, a. s., Bilbaína de Alquitranes, S.A., Koppers Inc., Nagreeka Hydrocarbons (P) Ltd., Neptune Hydrocarbons Mfg. Pvt. Ltd., and Tar Alliance AM.

Objectives of the Report:

• Study of the global Coal Tar market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
• Industrial structure analysis of the Coal Tar market by identification of various sub-segments
• Extensive analysis of key market players along with their SWOT analysis
• Competitive landscape benchmarking
• Analysis of Coal Tar market based on growth trends, futuristic outlook, and contribution to the total growth of the market
• Analysis of drivers, constraints, opportunities, challenges, and risks in the global Coal Tar market
• Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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For the purpose of this report, Emergen Research has segmented the global coal tar market 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
• Roofing
• Tire Industry
• Paint Industry
• Wood Preservation
• Others

Marketing Channel Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)

• Online
• Offline

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America    

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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