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Tuesday 13 January 2015

China Coal Tar Market Size, Share, Analysis And Forecasts To 2017 - According To Radiant Insights, Inc

In 2012, the production capacity of China's coal tar industry was 22 million tons, and the output was 18 million tons, in which 68 million tons was used in producing carbon black. In 2013, influenced by downstream market, the operating rate was rising and China's coal tar output has reached 20 million tons. 

While limited by raw materials, the coal tar producing areas mainly located in Northern China and Eastern China and each has taken up 41.53% and 27.57%. These two regions' high temperature coal tar producing capacity is approaching to 69.1% of the whole country's production capacity. Due to the industrial expansion in Central China, the region's production capacity has been released, and the proportion of total coal tar producing capacity has reached 11.83%. 


In 2013, the coal tar market has experienced several vibrations in China. The peak price of coal tar appeared in the late March with the average price of CNY 2842.86 per ton. The bottom price appeared in November with the average price of CNY 2580.00 per ton. In the beginning of 2013, the average Ex-factory price was CNY 2697.71 per ton, and till the end of the year, the average price fluctuated to CNY 2720.00 per ton, increasing 0.90% as a whole. 

At present, the consumption market of China's coal tar industry mainly has three parts; one is used in deep processing to produce crude naphthalene, wash oil, anthracene oil and tar pitch; the second is used in making crude coal tar as a substituted fuel of the heavy oil, or used in thermal energy industry like glass-making and porcelain-making, as well as used as the raw material of producing Carbon Black; the third is used to export. Besides, there is another product needs to mention, high temperature coal tar hydrogenation, with the gradual maturity of this technology, the consumption of high temperature coal tar hydrogenation is increasing.

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com      

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