Coal Tar Pitch (CTP) Market Analysis

The coal tar pitch market is segmented by grade type into aluminium, graphite and others, out of which, aluminium segment is anticipated to hold the largest market share on the back of growing aluminium industry, and thereby the increase in demand for carbon raw materials and products such as petroleum coke, coal tar pitch, anodes and cathodes amongst others. For the production of aluminium in the aluminium industry, merely 80% of coal tar pitch is being used. This can be attributed to factors such as economic feasibility and sustainability of CTPs as a binder over other alternative chemicals.

Our in-depth analysis of the global market includes the following segments