MarketSegmentation
By Product Type:
Coal Tar Pitch
Petroleum Pitch
Natural Pitch
By Application:
Aluminum Production
Graphite Electrodes
Carbon Fibers
Market Value
2023 Market Size: USD 39.76 Billion
Projected 2030 Market Size: USD 50.64 Billion
Compound Annual Growth Rate (CAGR): 4.0%
(2023–2030)
Growth Drivers:
Infrastructure development and urbanization
Increased demand for carbon-based products
Market Opportunities
Infrastructure Expansion:
Rising demand for road constr materials
Advanced Materials:
Growing use of pitch in carbon production
Energy Sector:
Utilization in batteries and en
Emerging Markets: Opportunities in developing ec industrial activities
Key Players/Stakeholders
Major Companies Leading the Industry:
Hengshui Zehao Chemicals Co. Ltd
Himadri Specialty Chemicals Ltd.
Koppers Inc.
China Steel Chemical Corporation
Shanxi Coking Company
Mitsubishi Rayon
Sample Report
Regional Analysis
Asia-Pacific:
Leading region due to high demand in construction and manufacturing
North America: Significant market share with advanced technological applications
Europe: Steady growth driven by environmental regulations and innovation
Rest of the World: Emerging markets showing potential for expansion
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
