Europe Coal Tar Market Research Report 2016- 2021
Deerfield Beach, FL -- (SBWIRE) -- 02/03/2017 -- European Coal tar Market is a thick black liquid that's a byproduct of coke production. As an extra product of the cause of action (COA) process that results in the production of coke, this liquid is a versatile product in its own right. There are actually quite a few uses for this viscous liquid, ranging from building and home repair all the way to medical treatments.
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Coal tar can be distilled into many fractions to yield a number of useful organic products, including benzene, toluene, xylene, naphthalene, anthracene, and phenanthrene. These substances, called the coal-tar crudes, form the starting point for the synthesis of numerous products - notably dyes, drugs, explosives, flavorings, perfumes, preservatives, synthetic resins, and paints and stains. The residual pitch left from the fractional distillation is used for paving, roofing, waterproofing, and insulation.
The European coal tar production was expected to drop to XX tons in 2016 with a growth rate of XX% from its year-earlier level. The European coal tar market size is estimated to decrease from USD XX million in 2011 to USD XX million by 2016, at an estimated CAGR of XX% between 2011 and 2016.
The European coal tar market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies.
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The European Coal Tar Market : Top Manufactures
The European coal tar industry is relatively concentrated, with the market share of top 10 coal tar producers at XX%.