HomeBUSINESSCoal Tar Prices, Trends & Forecasts | Provided by Procurement Resource

Coal Tar Prices, Trends & Forecasts | Provided by Procurement Resource

Coal Tar is a liquid by-product obtained when coal undergoes filtration to produce coal gas and coke. It has a naphthenic odor and appears to be dark semi-solid or semi-liquid material. It comprises several organic compounds, including benzene, xylenes, phenols, cumene, fluorine, and aniline. The material has a thick density, which makes it insoluble. The boiling point varies from 200-250° C.

The temperature while the destructive distillation of coal is performed decides the composition of Coal Tar. It is a complex structure of hydrocarbons, heterocyclic oxygen, phenols, sulfur, and nitrogen compounds. Coal Tar has various applications in the petroleum, gas, and pharmaceutical industries and has high demand in the global market.

Request for Real-Time Coal Tar Prices: https://procurementresource.com/resource-center/coal-tar-price-trends/pricerequest

The key importing countries for Coal Tar include the Netherlands, Germany, and Belgium. On the other hand, Germany, the Netherlands, and Italy.

Key Details About the Coal Tar Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Coal Tar price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Coal Tar Price chart, including India Coal Tar price, USA Coal Tar price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Coal Tar Price Trend:

Coal Tar is used to manufacture paints, perfumes, photographic materials, drugs, synthetic dyes, and explosives. It is used in agricultural industries for producing pesticides and insecticides. It is a key ingredient in making naphthalene balls that keep the termites and moths away. Additionally, antidandruff shampoos, ointments, and soaps contain Coal Tar as an additive.

The pharmaceutical industry uses the compound to produce medicines to treat skin conditions such as dryness, redness, scaling, and itching. It also acts as a painkiller and is used in several drugs in the pharma industry. It shows its presence in the petroleum and gas industries, for manufacturing roads and its association with cosmetics and skin care products industries for making beauty products.

Key Players:

  • JFE
  • Koppers Industries, etc.
  • Baoshun

News & Recent Development

  • Date: March 8, 2023– Roads constructed without Coal Tar as an ingredient and buildings devoid of iron rods and cement will be subject to stringent punishment as per the government of Thiruvananthapuram. Moreover, the government inaugurated automated quality control mobile labs to check the material standard used in construction.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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