Global Pitch Market Forecast (2024–2030)

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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.

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