| Product Code: ETC339570 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Pitch Coke Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 14.97% in 2025, the growth rate steadily ascends to 16.02% in 2029.

The Pitch Coke market in Vietnam is projected to grow at a high growth rate of 14.59% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Pitch coke, a byproduct of coal tar, finds applications in the aluminum and steel industries. The Vietnam pitch coke market is closely tied to the performance of these sectors. As industrial production grows, so does the demand for pitch coke. Market participants may focus on ensuring a consistent supply of high-quality pitch coke to maintain their competitiveness.
The Vietnam Pitch Coke market is experiencing growth due to its applications in the aluminum and steel industries. Pitch coke, a byproduct of coal tar distillation, is used as a binder in the production of carbon anodes for aluminum smelting and as a recarburizing agent in the steel industry. With the expansion of infrastructure and construction projects, the demand for aluminum and steel remains high, driving the need for pitch coke. Furthermore, environmental regulations are pushing for cleaner and more efficient manufacturing processes, which could lead to innovations in pitch coke production.
The Vietnam pitch coke market faces challenges associated with resource availability and environmental impact. Pitch coke is a byproduct of coal tar and is used in various industrial applications. Ensuring a stable supply of coal tar feedstock and addressing environmental concerns related to its production are key challenges for this market.
The Vietnam pitch coke market faced significant challenges during the pandemic. With a decline in industrial activity and reduced demand for steel and aluminum, which are major consumers of pitch coke, the market saw a drop in demand. The closure of manufacturing facilities and disruptions in the global supply chain also impacted the availability of raw materials for pitch coke production.
In the Vietnam pitch coke market, Petrolimex Petrochemical Corporation (PLC) is a significant player. They are involved in the production and distribution of pitch coke, a key raw material in the aluminum and steel industries. PLC`s integrated supply chain and commitment to quality make them a dominant force in this sector.
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 Vietnam Pitch Coke Market Overview  | 
3.1 Vietnam Country Macro Economic Indicators  | 
3.2 Vietnam Pitch Coke Market Revenues & Volume, 2021 & 2031F  | 
3.3 Vietnam Pitch Coke Market - Industry Life Cycle  | 
3.4 Vietnam Pitch Coke Market - Porter's Five Forces  | 
3.5 Vietnam Pitch Coke Market Revenues & Volume Share, By Type, 2021 & 2031F  | 
3.6 Vietnam Pitch Coke Market Revenues & Volume Share, By Application, 2021 & 2031F  | 
4 Vietnam Pitch Coke Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Growing industrialization and infrastructure development in Vietnam leading to increased demand for pitch coke.  | 
4.2.2 Expansion of the steel and aluminum industries in Vietnam, which are major consumers of pitch coke.  | 
4.2.3 Rising investments in renewable energy projects in Vietnam, driving demand for pitch coke as a key component in the production of electrodes used in these sectors.  | 
4.3 Market Restraints  | 
4.3.1 Volatility in raw material prices impacting the production cost of pitch coke.  | 
4.3.2 Regulatory challenges and environmental concerns related to the production and usage of pitch coke in Vietnam.  | 
5 Vietnam Pitch Coke Market Trends  | 
6 Vietnam Pitch Coke Market, By Types  | 
6.1 Vietnam Pitch Coke Market, By Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Vietnam Pitch Coke Market Revenues & Volume, By Type, 2021-2031F  | 
6.1.3 Vietnam Pitch Coke Market Revenues & Volume, By Porcine, 2021-2031F  | 
6.1.4 Vietnam Pitch Coke Market Revenues & Volume, By Equine, 2021-2031F  | 
6.1.5 Vietnam Pitch Coke Market Revenues & Volume, By Ovine, 2021-2031F  | 
6.1.6 Vietnam Pitch Coke Market Revenues & Volume, By Others, 2021-2031F  | 
6.2 Vietnam Pitch Coke Market, By Application  | 
6.2.1 Overview and Analysis  | 
6.2.2 Vietnam Pitch Coke Market Revenues & Volume, By Pharmaceuticals, 2021-2031F  | 
6.2.3 Vietnam Pitch Coke Market Revenues & Volume, By Cosmetics, 2021-2031F  | 
6.2.4 Vietnam Pitch Coke Market Revenues & Volume, By Supplements, 2021-2031F  | 
6.2.5 Vietnam Pitch Coke Market Revenues & Volume, By Others, 2021-2031F  | 
7 Vietnam Pitch Coke Market Import-Export Trade Statistics  | 
7.1 Vietnam Pitch Coke Market Export to Major Countries  | 
7.2 Vietnam Pitch Coke Market Imports from Major Countries  | 
8 Vietnam Pitch Coke Market Key Performance Indicators  | 
8.1 Average selling price of pitch coke in the Vietnamese market.  | 
8.2 Capacity utilization rate of pitch coke production facilities in Vietnam.  | 
8.3 Import/export volumes of pitch coke in Vietnam.  | 
8.4 Carbon emission levels associated with pitch coke production in Vietnam.  | 
8.5 Number of new contracts or partnerships signed by pitch coke manufacturers in Vietnam for future business growth.  | 
9 Vietnam Pitch Coke Market - Opportunity Assessment  | 
9.1 Vietnam Pitch Coke Market Opportunity Assessment, By Type, 2021 & 2031F  | 
9.2 Vietnam Pitch Coke Market Opportunity Assessment, By Application, 2021 & 2031F  | 
10 Vietnam Pitch Coke Market - Competitive Landscape  | 
10.1 Vietnam Pitch Coke Market Revenue Share, By Companies, 2024  | 
10.2 Vietnam Pitch Coke Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 
13 Disclaimer  |