What is Global Coal-Tar Processing Naphthalene Market?
In the realm of industrial processes, the distillation of coal tar plays a pivotal role, particularly in the extraction of naphthalene. This procedure results in an oil that is rich in naphthalene, constituting about 50% of its composition, alongside a mix of twelve other aromatic compounds. The significance of this process is underscored by the economic valuation of the global Coal-Tar Processing Naphthalene market. As of 2023, this market has been appraised at approximately US$ 1081.1 million. Looking ahead, projections suggest a promising growth trajectory, with expectations to ascend to US$ 1281.9 million by the year 2030. This anticipated growth, marked by a compound annual growth rate (CAGR) of 2.5% during the period spanning from 2024 to 2030, highlights the increasing demand and the pivotal role of naphthalene derived from coal tar in various industrial applications. The market's expansion is reflective of the broader trends in industrial practices and the evolving needs of sectors reliant on aromatic compounds for their manufacturing processes.
Purity ≥94%, Purity ≥95%, Purity ≥96%, Other in the Global Coal-Tar Processing Naphthalene Market:
English: #GlobalCoalTar #NaphthaleneMarket #IndustrialProcesses #MarketGrowth #EconomicValuation #AromaticCompounds #IndustrialDemand #CAGR #MarketProjection #IndustrialTrends
Phthalic Anhydride, Refined Naphthalene, Water-Reducing Agent, Others in the Global Coal-Tar Processing Naphthalene Market:
Japanese: #グローバルコールタール #ナフタレン市場 #産業プロセス #市場成長 #経済評価 #芳香族化合物 #産業需要 #CAGR #市場予測 #産業トレンド
Global Coal-Tar Processing Naphthalene Market Outlook:
Korean: #글로벌콜타르 #나프탈렌시장 #산업공정 #시장성장 #경제평가 #방향족화합물 #산업수요 #CAGR #시장전망 #산업트렌드
| Report Metric | Details |
| Report Name | Coal-Tar Processing Naphthalene Market |
| Accounted market size in 2023 | US$ 1081.1 million |
| Forecasted market size in 2030 | US$ 1281.9 million |
| CAGR | 2.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Rain Industries, OCI, Baowu Carbon Material, Koppers, C-Chem CO.,Ltd, Baoshun, Sunlight Coking, Shandong Weijiao, JFE Chemical, Himadri, Evraz, Deza a.s., Huanghua Xinnuo Lixing, Jining Carbon, Avdiivka Coke Plant, Shanxi Hongte, Ansteel Group, Kailuan Group, Shanxi Coal and Chemical, Shandong Gude Chemical, Jinneng Science |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
