Coal Tar Price Trend and Forecast

Regional Price Trend

Get the latest insights on price movement and trend analysis of Coal Tar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Coal Tar Price Trend for the Second Half of 2023

Since coal tar is a resultant material of the pyrolysis of coal, coal tar prices closely follow the price trajectory of its feedstock material, coal. The market began on a humble note at the beginning of the third quarter, as the inventories were still able to support the downstream demands subtly. However, as the fuel prices started rising and along rose the coal prices, the coal tar prices also started to incline.

Coal Tar Price Trends and Forecast

Along with the raw material costs the production prices also surged because of the increase in process charges. The downstream demands were also largely supportive of these market prices. Overall, a rising price trend was witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Coal Tar price trend is expected to continue in a similar manner for some time. However, it is likely to strive for stability in the long run.

Coal Tar Price Trend for the First Half of 2023

Coal Tar is obtained by pyrolysis of coal, so the price trend of Coal Tar are closely dependent on the feedstock coal prices. Coal Tar is a product used in downstream processes in various industries, like in road construction for binding, in dyes, paints, pharma, pesticide, and cosmetic sectors.

In the first half of the year 2023, the market felt a little constricted, and consumer sentiments were also observed to be muted. Coal mining practices have always faced ethical questions, but the availability was still in surplus. It was the feeble demands from downstream sectors that affected the Coal Tar market as the industries were trying to switch to greener and sustainable ways. Overall, the Coal Tar market was observed to be bearish.

Analyst Insight

According to Procurement Resource, Coal Tar prices are likely to dip further given the feeble demands and overflowing inventories.

Procurement Resource provides latest prices of Coal Tar. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Coal tar is a thick black liquid formed due to heating the coal in the absence of air. It is a mixture of hydrocarbon compounds used in medications, road paving, rubber production, coking and smelting etc.

Product Details

Report Features Details
Product Name Coal tar
Industrial Uses Paints, perfumes, synthetic dyes, photographic material, drugs, explosives, insecticides, pesticides, cosmetics, ointments
Chemical Formula C14H18O4CLN5
HS Number 27060010
CAS Number 65996-92-1
Synonyms Pitchtar, Fluxol ST, Pyrolized pitch
Molecular Weight 230 to 3213 g/mol
Supplier Database JFE, Koppers Industries, etc., RuTGERS, Baoshun
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

Coal tar is produced as a byproduct of the carbonization or pyrolysis of coal in which the coal is heated in the absence of air. Coal tar is obtained while cooling the gas formed during the destructive distillation of coal.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.