The global demand for Coal Tar Enamel Market is presumed to reach the valuation of nearlyUSD XX MN by 2027 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2020-2027.
Coal tar enamel (CTE) is used as a paint-like coating for pipelines and provides protection against water and deterioration due to rusting. It is made from plasticization of coal tar pitch, coal and distillates, later inert fillers are added to provide the desired properties of the system. CTE is one of the most effective and economical anti-corrosion protection material which is widely accepted across the end-use industries.
The advantage offered by coal tar enamel such as resistant to bacterial corrosion, penetration of plant roots, dissolution of petroleum and its products as well as resistant to soil stress is fueling market demand. Increasing demand for strong adhesion, low water absorption, and good insulation is again boosting the market growth. On the other hand, the fluctuating cost of raw material is likely to hinder the market growth. Whereas, resistance to cathodic stripping and long life is anticipated to augment demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of coal tar enamel.
The entire coal tar enamel market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Soft Enamels
- Harder Enamels
- Water Supply and Drainage Pipes
- Seawater Pipeline
- Gas Pipeline
This section covers regional segmentation which accentuates on current and future demand for coal tar enamel market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Coal Tar Enamel Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the coal tar enamel market include Bhilai Cement, MASPION GROUP, NGP Industries Limited, PSL and Samhwa. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.