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Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing | Technavio

November 20, 2019
Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing | Technavio
Growth of Coal Tar Pitch Market to be Impacted by Increasing Use of Coal Tar Pitch in Roofing | Technavio

LONDON--(BUSINESS WIRE)--Nov 20, 2019--

The report, global coal tar pitch market has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on application and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005762/en/

Technavio has announced its latest market research report titled global coal tar pitch market 2019-2023. (Graphic: Business Wire)

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This report on the coal tar pitch market includes:

Coal tar pitch market analysis and forecast 2019-2023: Features

Coal Tar Pitch Market 2019-2023: Competitive Landscape

Coal Tar Pitch Market 2019-2023: Geographic Landscape

Coal Tar Pitch Market 2019-2023: Application

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Increasing use of aluminum across various industries will drive the coal tar pitch market

Coal tar pitch has many applications. It is used in paving roads, as a binder in asphalt products, and as a base for paint and coatings. Coal tar pitch is also an important material in the production of aluminum, is used as a binding agent in the production of graphite electrodes, used in electric arc furnaces in steel plants, and in carbon anodes used in aluminum smelters. Thus, the increasing use of aluminum across various industries will drive the coal tar pitch market growth during the forecast period.

Increasing use of coal tar pitch in roofing – An emerging trend in the coal tar pitch market

Coal tar pitch is increasingly being used in roofing as it is resistant to harsh chemicals, ultraviolet (UV) rays, and water that may have an adverse impact on the roofing in buildings. No other roofing product can provide the same cold flow/self-healing property as coal tar. Coal tar’s self-healing properties and resistance to harmful elements also contributes to making low maintenance roofs. Such beneficial characteristics of coal tar pitch for roofing are promoting their use over alternatives such as TPO.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

MARKET SIZING

Get Full Report: https://www.technavio.com/report/global-coal-tar-pitch-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

Market Trends

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120005762/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY STEEL CHEMICALS/PLASTICS COAL MANUFACTURING ENERGY OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/20/2019 04:00 PM/DISC: 11/20/2019 04:00 PM

http://www.businesswire.com/news/home/20191120005762/en