LONDON–(BUSINESS WIRE)–The market will accelerate at a CAGR of around 2% between 2020-2024
The report, global coal tar 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 geographic regions and application for the forecast period 2020-2024.
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The report on the coal tar market includes:
Coal Tar Market Analysis and Forecast 2020-2024: Features
- Competitive landscape
- Market segmentation
- Regional Segmentation
- Application Segmentation
- Market drivers
- Market trends
- Market challenges
- Five forces analysis
- Market landscape
- Market sizing & forecast
Coal Tar Market 2020-2024: Competitive Landscape
- Vendors covered
- Vendor classification
- British Steel Ltd.
- Nippon Steel Corp.
- PJSC AVDIIVKA COKE
- PJSC Magnitogorsk Iron and Steel Works
- PJSC NLMK
- Sumitomo Metal Mining Co. Ltd.
- Tata Steel Ltd.
- voestalpine AG
Coal Tar Market Landscape 2020-2024: Geographic Landscape
- APAC – size and forecast 2019-2024
- Europe – size and forecast 2019-2024
- MEA – size and forecast 2019-2024
- North America – size and forecast 2019-2024
- South America – size and forecast 2019-2024
- Key leading countries
Coal Tar Market Landscape 2020-2024: Application Segmentation
- Coal tar processing – size and forecast 2019-2024
- Carbon black – size and forecast 2019-2024
- Others – size and forecast 2019-2024
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Demand for coal tar products from the healthcare sector will drive the coal tar market
Coal tar is extensively used in the healthcare industry for the treatment of skin diseases such as seborrheic dermatitis, dandruff, eczema, and psoriasis. Around 1 out of 50 people around the globe are diagnosed with psoriasis. In addition, approximately 1 out of 10 people with psoriasis are likely to develop psoriatic arthritis. Plaque psoriasis is curable with the application of coal tar as it contains anti-scaling and anti-inflammatory properties. Coal tar is also used as an ingredient in the manufacture of both skin and cosmetic products. It is available in various forms including, bath additives, lotions, ointments, creams, and shampoo. Thus, the growing demand for coal tar products from the healthcare sector will boost the growth of the coal tar market during the forecast period.
Global growth in liquid fuel consumption – An emerging trend in the coal tar market
The rapid economic growth in developing economies such as China and India is propelling the increased consumption of fuel. Rising disposable incomes coupled with the growing purchase volume of transportation vehicles is further boosting the use of liquid fuel. The exploration…
Read More: Growth of Coal Tar Market to be Impacted by the Demand for Coal Tar Products from the