Coal Tar Pitch Market Size to Hit US$ 6.09 Billion, Globally, by 2031, Expanding at a CAGR of 4.5% Says, Market Data Library

Brooklyn, New York, Aug. 25, 2023 (GLOBE NEWSWIRE) — Coal-tar pitch is a thick black liquid that remains after the distillation of coal tar. It is used as a base for coatings and paint, in roofing and paving, and as a binder in asphalt products. Both coal tar and coal-tar pitch contain many chemical compounds, including carcinogens such as benzene. It is soft to hard and brittle substance containing aromatic resinous compounds along with aromatic and other hydrocarbons and their derivatives. It is used as road tar, in waterproofing roofs and other structures and to make electrodes. Coal Tar Pitch Market is the increasing demand in the automobile industry. Aluminum-grade coal tar pitch is used in the production of aluminum sheets. It is a lightweight and fuel-efficient automobile that lead the market demand.  
Asia Pacific:  
Europe:Q: What are the potential opportunities for companies in the Coal Tar Pitch Market?
(GlobeNewsWire)