Scope of the Study
Creosote oil is a brownish oil with a phenolic odor obtained from the distillation of coal tar. It contains cresol and other phenolic compounds with approximately 12 to 14% anthracene. It soluble in ethanol, benzene, toluene and insoluble in water. It can be burned as a fuel or used to make wooden ties. It is commonly used as expectorant for the treatment of acute respiratory tract infections. There are three sources of the creosote oil including wood tar creosote, coal tar creosote and creosote bush.
The market study is being classified by Type (Wood-tar and Coal-tar), by Application (Oil Paint, Wood Aseptic, Carbon Black, Printing Ink, Latex Filling Pharmaceuticals and Others) and major geographies with country level break-up.
Coopers Creek Chemical Corporation (United States), Epsilon Carbon (India), Sceneys (Australia), Himadri Chemicals & Industries (India), Sandvik Materials Technology (Sweden), Stella-Jones (Canada), Jalan Carbons & Chemicals (India), Konark Tar Products (India), JFE Chemical Corporation (Japan) and Huanghua Xinnuo Lixing (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Creosote Oil market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Creosote Oil market by Type, Application and Region.
On the basis of geography, the market of Creosote Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source, the sub-segment i.e. Wood Tar will boost the Creosote Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Wide Range of Applications in the Various Industries
- High Demand from Pharmaceutical Industry
Market Trend
- Demand for Products with Improved Features
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand from End-User Industry
- Increasing Demand for Creosote Oil in the Industrial Sector
Challenges
- Improper Disposal May Lead To Potential Hazards to Human Health
Key Target Audience
Creosote Oil Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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