Coal Tar Pitch Market 2024-2028: Size and Restrictions on using coal tar pitch; growth driven by the Application, Some of key Companies Positioned Strategically

The coal tar pitch market size by Application (Aluminum production, Graphite electrodes and specialty graphite, Carbon processing, and Others), Type (Solid coal tar pitch and Liquid coal tar pitch), and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 618.2 million. The market is expected to grow at a CAGR of  over 2.19% between 2024 and 2028.

• Coal tar pitch, a byproduct of coal refining processes, poses health risks due to its high concentration of carcinogenic polycyclic aromatic hydrocarbons (PAHs). PAHs are known to cause cancer through inhalation, ingestion, and skin absorption. Workers in coke production at foundries, aluminum manufacturing, and coal gasification are at risk of exposure. Additionally, those using tar roofing, pavement tar, refractory carbon bricks, or coal-tar coatings are highly susceptible. Coal tar-based seal coats comprise substantial proportions of coal tar pitch, further increasing potential exposure. It is imperative for industries and individuals to implement safety measures to mitigate risks associated with coal tar pitch.
• The Coal Tar Pitch market represents a significant business opportunity for manufacturers and suppliers. This product, derived from coal tar, is widely utilized in various industries, including roofing, paving, and waterproofing. Its unique properties, such as high viscosity and water resistance, make it an indispensable component in these applications. Market growth is driven by infrastructure development and increasing construction activities worldwide. Companies in this sector must focus on innovation, efficiency, and sustainability to remain competitive.

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Some of the Key Companies:

• Aparna Carbons Pvt. Ltd.
• Bilbaína de Alquitranes SA
• China Risun Group Ltd.
• China Steel Chemical Corp.
• Coopers Creek Chemical Corp.
• DEZA AS
• Himadri Speciality Chemical Ltd.
• JFE Holdings Inc.
• Jining Carbon Group Co. Ltd.
• Konark Tar Products Pvt. Ltd.
• Koppers Holdings Inc.
• Lone Star Specialties LLC
• Mitsubishi Chemical Corp.
• Nippon Steel Corp.
• NLMK Group
• Quimica del Nalon SA
• Rain Carbon Inc.
• Shree Shyam Chemicals
• Sumitomo Corp.
• Vanajaa Enterprises

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