-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to Technavio's latest market research report, the global metallurgical coal market is expected to grow at a CAGR of more than 2%
from 2019 to 2023.
Coal tar is a highly viscous black or brown liquid that is one
of the byproducts of the coking process.
This process involves heating coal in coke ovens to eliminate volatile substances from the coal, resulting in coke, which is used as a fuel and reducing agent for the production of steel, iron, and many other processes
.
Coal tar is widely used in the production of refined chemicals and coal tar-based products such as coal tar, bitumen and creosote
.
The demand for coal tar is increasing substantially, which will drive the growth
of the metallurgical coal market during the forecast period.
According to Technavio's report, the development of the mining industry will positively impact the market and contribute significantly to
the market growth during the forecast period.
The development of the mining industry is one of the major trends witnessed by the
global metallurgical coal market from 2019 to 2023.
The mining industry is changing as the industrial focus shifts to automation, due to various technological developments in artificial intelligence and robotics that facilitate mining
in unconventional locations, such as the seabed.
"Coal tar is also used in the healthcare industry to produce creams, shampoos, lotions, ointments and bath additive forms
.
It is also used to treat various skin conditions such as psoriasis, eczema, and dandruff
.
The use of coal tar in health and personal care products helps delay the aging of skin cells and improve the appearance
of the skin.
This has led to an increasing demand for coal tar in the healthcare industry," says
Technavio, senior analyst.
In terms of market region, Asia Pacific will maintain the largest regional market size and achieve the highest incremental growth during the forecast period, followed by Europe, South America, and the Middle East & Africa region
.
According to Technavio's latest market research report, the global metallurgical coal market is expected to grow at a CAGR of more than 2%
from 2019 to 2023.
Coal tar is a highly viscous black or brown liquid that is one
of the byproducts of the coking process.
This process involves heating coal in coke ovens to eliminate volatile substances from the coal, resulting in coke, which is used as a fuel and reducing agent for the production of steel, iron, and many other processes
.
Coal tar is widely used in the production of refined chemicals and coal tar-based products such as coal tar, bitumen and creosote
.
The demand for coal tar is increasing substantially, which will drive the growth
of the metallurgical coal market during the forecast period.
According to Technavio's report, the development of the mining industry will positively impact the market and contribute significantly to
the market growth during the forecast period.
The development of the mining industry is one of the major trends witnessed by the
global metallurgical coal market from 2019 to 2023.
The mining industry is changing as the industrial focus shifts to automation, due to various technological developments in artificial intelligence and robotics that facilitate mining
in unconventional locations, such as the seabed.
"Coal tar is also used in the healthcare industry to produce creams, shampoos, lotions, ointments and bath additive forms
.
It is also used to treat various skin conditions such as psoriasis, eczema, and dandruff
.
The use of coal tar in health and personal care products helps delay the aging of skin cells and improve the appearance
of the skin.
This has led to an increasing demand for coal tar in the healthcare industry," says
Technavio, senior analyst.
In terms of market region, Asia Pacific will maintain the largest regional market size and achieve the highest incremental growth during the forecast period, followed by Europe, South America, and the Middle East & Africa region
.
