Coal tar is derived from coal. It is a byproduct of the production of coke, a solid fuel that contains mostly carbon, and coal gas. Coal tar is used primarily for the production of refined chemicals and coal-tar products, such as creosote and coal-tar pitch.
Coal tar can be used to produce many downstream chemical products including carbon black, pitch and wash oil etc. It can also be used as fuel oil directly. During all those applications, Carbon black is the largest consumption field, which consumed 11785.3 kilo tonne in 2018. Pitch is the second largest field with consumption share of 44.95% in 2018.
Globally, there are many suppliers, such as Baowu Steel Group, Rain Industries Limited, JFE Chemical, OCI, Koppers, Baoshun, Huanghua Xinnuo Lixing, Shanxi Coal and Chemical, POSCO, Sunlight Coking, Himadri Chemicals & Industries, Nippon Steel & Sumitomo Metal, Mitsubishi Chemical, Jiangxi Black Cat and Ansteel etc. Most coal tar suppliers also produce downstream product directly.
Global major production regions are mainly distributed in China, Asia other regions, Europe and North America. In 2017, China was the largest production regions, with production share of 71.69%. Europe is the second largest production region, which produced 2342.2 kilo tonne in 2017.
Limited by critical environmental pressure, China suppliers have decreased their capacity ultimate rate during those two years. In the future, driven by increasing downstream demand, we predict that global consumption will increase. By 2030, global coal tar production will be 26579.1 kilo tonne.

The Global Coal Tar (CAS 8007-45-2) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Coal Tar (CAS 8007-45-2) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Baowu Steel Group
Rain Industries Limited
JFE Chemical
OCI
Koppers
Baoshun
Huanghua Xinnuo Lixing
Shanxi Coal and Chemical
POSCO
Sunlight Coking
Himadri Chemicals & Industries
Nippon Steel & Sumitomo Metal
Mitsubishi Chemical
Jiangxi Black Cat
Ansteel

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

High Temperature Coal Tar
Medium Temperature Coal Tar
Low Temperature Coal Tar
In Market segmentation by applications :

Carbon Black
Pitch
Wash Oil
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Coal Tar (CAS 8007-45-2) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Coal Tar (CAS 8007-45-2) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Coal Tar (CAS 8007-45-2) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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