What is Pitch Coke?
Coal tar is produced as a by-product of the coke plant and used as a raw material in the production of pitch coke. Some part of coal tar is used in the production of pitch coke. Pitch coke offers excellent thermal conductivity. It is used as the principal raw material in the production of anodic paste, electrodes, and carbonic materials. Pitch cokes are an essential raw material for building production equipment for semiconductor or solar array panel. This has led to significant growth of the global pitch cokes market in the forecast period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | SUMMIT CRM Limited (Japan), Rain Carbon Inc (United States), Sojitz JECT Corporation (Japan), DONGSUNG CORPORATION (South Korea), Asbury Carbons Inc. (United States), Bilbaína de Alquitranes, S.A (Spain), Shamokin Carbons (United States), Mitsubishi Chemical Corporation (Japan), Tianjin Yunhai Carbon Element Products Co., Ltd. (China) and Shamokin Carbons (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Raw Coke and Calcined Coke) , by application (Electrical Discharge Machining Electrodes, Crucibles for Semiconductors, Hot Press Molds, Atomic Core Material and Others) and major geographies. Research Analyst at AMA predicts that Asian and United States Vendors will contribute to the maximum growth of Global Pitch Coke market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Pitch Coke market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are SUMMIT CRM Limited (Japan), Rain Carbon Inc (United States), Sojitz JECT Corporation (Japan), DONGSUNG CORPORATION (South Korea), Asbury Carbons Inc. (United States), Bilbaína de Alquitranes, S.A (Spain), Shamokin Carbons (United States), Mitsubishi Chemical Corporation (Japan), Tianjin Yunhai Carbon Element Products Co., Ltd. (China) and Shamokin Carbons (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Pitch Coke Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Industrial Activities and Technological Advancements taking Place in the Mining Industry
- Increasing Usage of Pitch Coke in Manufacturing of Solar Panels Applications
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Major Trends | - Increasing Deman for Aluminium-Refining Industry and the Electric Steel Process
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Restraints | - Strict Regulations Laid by Governing Authorities Towards the Pollution
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Road Blocks / Challenges | - Fluctuating Raw Material Prices
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Gaps & Opportunities | - Increasing in Governmental Initiatives on Usage of Solar Panels in Residential and Commercial Buildings
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Key highlights of the Global Pitch Coke market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Pitch Coke market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Pitch Coke market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Pitch Coke Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pitch Coke market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Pitch Coke market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Pitch Coke Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.