A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Tar
market. The study,
titled “Tar
Market - Global Industry Analysis, Market Size, Share, Growth, Trends
& Forecasts 2014 - 2020”,
is available for sale on the firm’s website.
Tar
is produced from a variety of natural materials through destructive
distillation. Tar can be extracted from petroleum, coal, peat and
wood. Tar is a mixture of free carbons and hydrocarbons. Products
bearing a resemblance to tar can be extracted from hydrocarbons. Coal
tar is produced during the process of coke production as a byproduct
from coal. Tar is generally used in carbon black and deep processing.
Tar sand deposits contain mixtures of heavy crude and mixture of
sand.
The
tar market can be fragmented on the product type and geography. On
the basis of product type, the global market for tar can be segmented
as birch tar, coal tar, pine tar and pitch among others. Coal tar
produced during the process of coal carbonization during the coke.
This is generally a high viscous black or brown liquid.
Get
PDF Brochure for more Professional and Technical insights :
The
coal tar is a variable and complex mixture of phenols, heterocyclic
compounds and polycyclic aromatic hydrocarbon. The end-user
application of coal tar includes: pavement sealcoats, industries and
medical sector. Birch tar is derived through the process of dry
distillation of the bark of the birch tree. It is composed of a
mixture of phenols such as xyleno, creasol, guaiacol and cresol. The
end-user application of birch tree includes: disinfectant in medicine
and leather dressing.
Pine
tar is produced through a process of carbonization of pine wood. The
process occurs in anoxic conditions at high temperatures. Pine tar
consists of tar acids, tar bases and aromatic hydrocarbons.
Constituents of tar differ according to the method, temperature and
duration of production. Generally, pine roots and stumps are used in
the traditional pine production process. The end-user application of
pine tar includes: used as a wood preservative, used in manufacturing
of water proof ropes and also used for skin treatment and in
veterinary medicine. Pitch tar is a solid polymer extracted from
petroleum coal tar and plants. Different forms of pitch tar are
called as bitumen, asphalt or tar. Pitch tar produced from plants are
also called resin. Pitch tar is usually used in sealing the joints of
wooden sailing vessels and is the manufacturing of waterproof wooden
containers and torches.
The
increasing demand for tar in the industrial use, medical sector and
sealing of roads are the major market growth’s drivers for the tar
industry. The major constraint for the tar industry is that tar
cannot be used in the extracted state, as it is generally in solid
form. It is generally heated at high temperature to make it suitable
for the use. The cost of heating furnace puts extra burden on the
consumer side and seems to be a major constraint for the tar market.
However, growing application in industrial use such as production of
diesel and gasoline oil via high pressure hydrogenation and in power
generation for heating boilers is expected to augment the global
demand for tar in the near future.
Browse
Market Research Report with ToC & Free Analysis :
North
America is expected to be a key market for the tar industry. Canada
is likely to be a major contributor to the growth of the tar market
in the North American region. Canada is a major producer of tar with
1.7 trillion of crude bitumen. In the Asia Pacific region, China is
the major producer of tar with a capacity of 11 million tons of tar.
Some
of the key players in the tar market are Crowley Chemical Company,
Jalan Carbons & Chemicals Ltd., Baoshun Chemicals and Aminco
Resources LLC. among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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