Coal Tar Pitch Market Forecast: Projected Growth at 6.20% CAGR to Reach US$ 9,237.50 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
Koppers Holdings Inc. Koppers Holdings Inc. (KOP)
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Source: Yahoo! Finance
NEWARK, Del, April 24, 2024 (GLOBE NEWSWIRE) -- The coal tar pitch industry is projected to experience a CAGR of 6.20%, with a significant increase in value from US$ 5,076.30 million in 2024 to US$ 9,237.50 million by 2034. The aluminum industry is the largest consumer of coal tar pitch. It is used as a binder in the production of carbon anodes, which are used in the electrolytic process of producing aluminum. The demand for aluminum is constantly increasing due to its lightweight, excellent conductivity, and corrosion resistance properties. Global aluminum consumption is expected to reach 72 million metric tons by 2030, which will drive the demand for coal tar pitch. The steel industry is another major consumer of coal tar pitch. It is used as a raw material in the production of electrodes used in electric arc furnaces for steel production. The steel industry is expected to grow due to the increasing demand for steel in the construction and infrastructure sectors. Global steel p
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News
- Koppers Holdings Inc. (NYSE: KOP) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $64.00 price target on the stock.MarketBeat
- Compared to Estimates, Koppers (KOP) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Koppers Reports First Quarter 2024 Results; Provides Updated 2024 OutlookPR Newswire
- Koppers Holdings Inc. Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Koppers Holdings Inc. Declares Quarterly Cash DividendPR Newswire
KOP
Earnings
- 5/3/24 - Beat
KOP
Sec Filings
- 5/3/24 - Form 10-Q
- 5/3/24 - Form 8-K
- 5/2/24 - Form 8-K/A
- KOP's page on the SEC website