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Coal Tar Pitch Market Size to Hit US$ 6 09 Billion, Globally, by 2031, Expanding at a CAGR of 4 5% Says, Market Data Library

Coal Tar Pitch Market Size to Hit US$ 6 09 Billion, Globally, by 2031, Expanding at a CAGR of 4 5% Says, Market Data Library
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Coal Tar Pitch Market Size to Hit US$ 6 09 Billion, Globally, by 2031, Expanding at a CAGR of 4 5% Says, Market Data Library

Coal tar pitch is a dark, viscous liquid that is a byproduct of the production of coke and coal tar. It is used in a variety of applications, including asphalt, roofing materials, paints and coatings, and carbon electrodes. The global coal tar pitch market is expected to grow at a CAGR of 4.5% from 2022 to 2031, driven by the increasing demand for coal tar pitch from end-use industries such as the aluminum, construction, and electrical industries.Brooklyn, New York, Aug. 25, 2023 (GLOBE NEWSWIRE

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Planify gets startup VCI Chemicals on its platform: The new emerging star in speciality chemical tech

Gurugram (Haryana) [India], March 30 (ANI/NewsVoir): Planify has recently opened its doors to bring onboard the rapidly emerging star in the Crude Coal tar Industry, VCI Chemical Industries. Planify is the biggest platform that connects entrepreneurs with investors for hassle-free equity fundraising. Planify is actively working in Seed, Pre-Series A, and Series A Funding for the startups and helps raise between Rs 1 Cr. to Rs 50 Cr. for their ventures respectively. Planify-backed Startups have a portfolio valuation of over Rs. 1600 Cr. across 6 companies. VCI Chemicals is involved in the production of specialty chemicals products i.e. Coal Tar Pitch (commonly known as CTP) and high-grade Distillates. The company has a 1.1 Lakh MTPA Coal tar Distillery on 31.1-acre land in Kalinganagar, Orissa. CTP is a key ingredient used in the Aluminium smelter industry. The company aims to substitute 20 per cent-25 per cent of the CTP requirement in the Middle Eastern market which currently relies 1

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