Product Code: ETC234116 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Ghana Coal Tar Pitch Market could see a tapering of growth rates over 2025 to 2029. Starting high at -0.00% in 2025, the market steadily declines to -0.00% by 2029.
The Coal Tar Pitch market in Ghana is projected to grow at a negative growth rate of -0.00% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Algeria, Nigeria and Morocco, shaping overall regional demand.
Coal tar pitch is a byproduct of coal tar distillation and is used in various industrial applications, including aluminum production, electrode manufacturing, and waterproofing. In Ghana, coal tar pitch is utilized by the aluminum industry for producing carbon anodes used in the smelting process. With the growth of infrastructure and manufacturing sectors, the demand for coal tar pitch products is increasing, driving investment in production facilities and technology upgrades.
In Ghana, the coal tar pitch market is primarily driven by its applications in aluminum smelting, graphite electrode production, and corrosion protection. Factors such as industrialization, infrastructure development, and demand for specialty chemicals contribute to the demand for coal tar pitch. Additionally, the growth of end-use industries such as automotive, construction, and infrastructure further propels market growth.
Challenges in the coal tar pitch market in Ghana include limited access to coal tar feedstock and refining technologies. Moreover, competition from alternative binder materials and environmental regulations impact market demand and usage in aluminum smelting and graphite electrode production.
In the context of efforts to promote industrial development and value-added processing of natural resources, the government may introduce policies aimed at supporting the growth of the coal tar pitch market. These policies may include initiatives to encourage investment in coal tar distillation facilities, research and development of innovative applications for coal tar pitch-derived products, and market diversification strategies to reduce reliance on traditional export markets. Additionally, the government may implement measures to enhance the competitiveness of domestic coal tar pitch producers through skills development, technology transfer, and trade promotion initiatives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Coal Tar Pitch Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Coal Tar Pitch Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Coal Tar Pitch Market - Industry Life Cycle |
3.4 Ghana Coal Tar Pitch Market - Porter's Five Forces |
3.5 Ghana Coal Tar Pitch Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Ghana Coal Tar Pitch Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Ghana Coal Tar Pitch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ghana Coal Tar Pitch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Infrastructure development projects in Ghana that require coal tar pitch for road construction |
4.2.2 Increasing demand for aluminum and steel industries in the region |
4.2.3 Growing investment in renewable energy projects leading to demand for coal tar pitch in solar panel production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost of coal tar pitch |
4.3.2 Environmental concerns and regulations regarding the use of coal tar pitch |
4.3.3 Competition from alternative materials in the market such as bitumen |
5 Ghana Coal Tar Pitch Market Trends |
6 Ghana Coal Tar Pitch Market, By Types |
6.1 Ghana Coal Tar Pitch Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Ghana Coal Tar Pitch Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Ghana Coal Tar Pitch Market Revenues & Volume, By Solid, 2021-2031F |
6.1.4 Ghana Coal Tar Pitch Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Ghana Coal Tar Pitch Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Ghana Coal Tar Pitch Market Revenues & Volume, By Aluminum Grade, 2021-2031F |
6.2.3 Ghana Coal Tar Pitch Market Revenues & Volume, By Graphite Grade, 2021-2031F |
6.2.4 Ghana Coal Tar Pitch Market Revenues & Volume, By Special Grade, 2021-2031F |
6.3 Ghana Coal Tar Pitch Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ghana Coal Tar Pitch Market Revenues & Volume, By Aluminum Electrode, 2021-2031F |
6.3.3 Ghana Coal Tar Pitch Market Revenues & Volume, By Graphite Electrode, 2021-2031F |
6.3.4 Ghana Coal Tar Pitch Market Revenues & Volume, By Roofing Coating Material, 2021-2031F |
6.3.5 Ghana Coal Tar Pitch Market Revenues & Volume, By Blast Furnance Linings, 2021-2031F |
6.3.6 Ghana Coal Tar Pitch Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.3.7 Ghana Coal Tar Pitch Market Revenues & Volume, By Sealents, 2021-2031F |
7 Ghana Coal Tar Pitch Market Import-Export Trade Statistics |
7.1 Ghana Coal Tar Pitch Market Export to Major Countries |
7.2 Ghana Coal Tar Pitch Market Imports from Major Countries |
8 Ghana Coal Tar Pitch Market Key Performance Indicators |
8.1 Average selling price of coal tar pitch in Ghana |
8.2 Percentage of infrastructure projects using coal tar pitch as a construction material |
8.3 Number of renewable energy projects using coal tar pitch in their production process |
9 Ghana Coal Tar Pitch Market - Opportunity Assessment |
9.1 Ghana Coal Tar Pitch Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Ghana Coal Tar Pitch Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Ghana Coal Tar Pitch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Coal Tar Pitch Market - Competitive Landscape |
10.1 Ghana Coal Tar Pitch Market Revenue Share, By Companies, 2024 |
10.2 Ghana Coal Tar Pitch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |