The ‘Global Coal Tar Pitch Market: Analysis By Application (Aluminium Smelters, Graphite Electrode, Others), By Region, By Country (2018 Edition): Forecast to 2023 - By Region (N. America, Europe and CIS, APAC, S. America, MEA), By Country’ report has been added to ResearchAndMarkets.com's offering.
According to the research report, the global market is projected to display a robust growth represented by a CAGR of 4.8% during 2018 - 2023.
The segment of aluminium smelters witnessed growth at a noteworthy rate over the past few years and is expected to grow in the forecast period on the back of rising consumption of aluminium by end user industries especially by automotive and construction.
Amongst the regions, APAC accounts for the largest regional share in the global Coal Tar Pitch market in 2018. Key factors driving the robust growth rate of APAC region include growing application of aluminium by industries such as automotive, construction, packaging etc which drives aluminium industry which in turn propels growth in coal tar pitch market. Surging economy, rising net disposable income coupled with growing awareness and penetration of end use products is further expected to support market growth.
The report has covered and analysed the potential of Global Coal Tar Pitch Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global coal tar pitch market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Read the article online at: https://www.worldcoal.com/coal/24052019/researchandmarketscom-adds-new-report-on-global-coal-tar-pitch-market-to-its-offering/