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Home Latest News

Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing

globalresearchsyndicate by globalresearchsyndicate
November 20, 2019
in Latest News
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Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing
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LONDON–(BUSINESS WIRE)–

The market will accelerate at a CAGR of 5% between 2019-2023

The report, global coal tar pitch market has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on application and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005762/en/

To learn more about the global trends impacting the future of market research: Download Free Sample Report

This report on the coal tar pitch market includes:

Coal tar pitch market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Coal Tar Pitch Market 2019-2023: Competitive Landscape

  • Vendors covered
  • Vendor classification
    • Himadri Speciality Chemical
    • JFE Holdings
    • Koppers
    • NIPPON STEEL & SUMITOMO METAL
    • Rain Carbon

Coal Tar Pitch Market 2019-2023: Geographic Landscape

  • APAC – Market size and forecast 2018-2023
  • EMEA – Market size and forecast 2018-2023
  • Americas – Market size and forecast 2018-2023

Coal Tar Pitch Market 2019-2023: Application

  • Aluminum smelters – Market size and forecast 2018-2023
  • Graphite electrodes – Market size and forecast 2018-2023
  • Others – Market size and forecast 2018-2023

Register for a free trial today and gain instant access to 17000+ market research reports.

Technavio’s SUBSCRIPTION platform

Increasing use of aluminum across various industries will drive the coal tar pitch market

Coal tar pitch has many applications. It is used in paving roads, as a binder in asphalt products, and as a base for paint and coatings. Coal tar pitch is also an important material in the production of aluminum, is used as a binding agent in the production of graphite electrodes, used in electric arc furnaces in steel plants, and in carbon anodes used in aluminum smelters. Thus, the increasing use of aluminum across various industries will drive the coal tar pitch market growth during the forecast period.

Increasing use of coal tar pitch in roofing – An emerging trend in the coal tar pitch market

Coal tar pitch is increasingly being used in roofing as it is resistant to harsh chemicals, ultraviolet (UV) rays, and water that may have an adverse impact on the roofing in buildings. No other roofing product can provide the same cold flow/self-healing property as coal tar. Coal tar’s self-healing properties and resistance to harmful elements also contributes to making low maintenance roofs. Such beneficial characteristics of coal tar pitch for roofing are promoting their use over alternatives such as TPO.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis 

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023 

Get Full Report: https://www.technavio.com/report/global-coal-tar-pitch-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

Market Trends

  • Increasing use of advanced types of coal tar pitch
  • Use of coal tar pitch-based needle coke in lithium-ion batteries
  • Use of coal tar pitch in roofing

Technavio also offers Custom Research services providing focused, comprehensive, and tailored research.

For More Information Click Here

Browse Related Energy Reports:

  • Global Coal Tar Market: The global coal tar market is forecast to grow by USD 1.17 billion during the forecast period of 2019-2023.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191120005762/en/

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