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Global Anthracene Market: By Application: Electronic Devices, Coatings, Dyes and Pigments, Pesticides; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Manufacturing Process; Competitive Landscape; Industry Events and Developments

Global Anthracene Market Outlook

The global anthracene market is expected to be supported by the growth of the global market for coal tar from which it is primarily derived. The global coal tar market is expected to grow at a CAGR of 2% between 2021 and 2026 to reach a value of USD 18 billion by 2026.

 

Anthracene Market

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North America to Experience Significant Growth in the Anthracene Market

Region-wise, the North America region is expected to be a significant market for anthracene as it accounts for a considerable share within the market. Ongoing R&D activities within the region related to the product’s application are predicted to support the market growth in the coming years. Europe is also a major market for anthracene. However, the recent sanctions imposed by the European Union on the PAHs is expected to hinder the growth within the region, resulting in stagnation of the market. The Asia Pacific region, on the other hand, is expected to exhibit a robust growth in the coming years owing to the extensive use of anthracene in the end-use sectors like textiles and chemicals. The market is also expected to thrive due to the growing economies such as China and India which are undergoing increased research in electronics.

 

Anthracene Market by Application

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Anthracene: Industry Definition and Segmentation

Anthracene refers to a colourless, polycyclic aromatic hydrocarbon (PAH), which is made of coal tar, a by-product produced by the carbonisation of coal.

On the basis of application, the market is divided into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Anthracene Market by Region

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Rising Demand for Electronics to Aid the Growth of the Global Market for Anthracene

The anthracene industry is driven by the rising demand for electronics globally. It is used in the development of luminescent material crystals and smoke screens. The demand for these products is rising as the disposable incomes and standard of living is increasing across the world. Further, the rising demand for anthracene in the manufacture of dyes, plastics, and pesticides is aiding the market growth. The market is driven by the extensive application of the product in the end-use industries such as electronic devices, coatings, textiles, and chemicals. Dyes and coatings are a major end-user industry which holds a substantial share in the market and is expected to further grow in the forecast period.

Anthracene is used as a luminescent material in scintillators, which is expected to grow into a major market as it is used in identifying situations such as radiation leaks. After Japan’s radiation leak, the demand for proper radiation leak checking equipment has been on the rise in nuclear reactor sites globally. This is expected to propel the market growth for anthracene.

 

Key Industry Players in the Global Anthracene Market

The report gives a detailed analysis of the following key players in the global anthracene industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Merck KGaA
  • Tokyo Chemical Industry Co., Ltd.
  • Santa Cruz Biotechnology, Inc.
  • Haihang Industry Co., Ltd.
  • Anward
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Anthracene Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Anthracene Historical Market (2016-2020) 
    8.3    Global Anthracene Market Forecast (2021-2026)
    8.4    Global Anthracene Market by Application
        8.4.1    Electronic Devices
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Coatings
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Dyes and Pigments
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026
        8.4.4    Pesticides
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026
        8.4.5    Others
    8.5    Global Anthracene Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operations Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Merck KGaA
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Tokyo Chemical Industry Co., Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Santa Cruz Biotechnology, Inc. 
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Haihang Industry Co., Ltd.,
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Anward 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Anthracene Market: Key Industry Highlights, 2016 and 2026
2.    Global Anthracene Historical Market: Breakup by Application (USD Million), 2016-2020
3.    Global Anthracene Market Forecast: Breakup by Application (USD Million), 2021-2026
4.    Global Anthracene Historical Market: Breakup by Region (USD Million), 2016-2020
5.    Global Anthracene Market Forecast: Breakup by Region (USD Million), 2021-2026
6.    North America Anthracene Historical Market: Breakup by Country (USD Million), 2016-2020
7.    North America Anthracene Market Forecast: Breakup by Country (USD Million), 2021-2026
8.    Europe Anthracene Historical Market: Breakup by Country (USD Million), 2016-2020
9.    Europe Anthracene Market Forecast: Breakup by Country (USD Million), 2021-2026
10.    Asia Pacific Anthracene Historical Market: Breakup by Country (USD Million), 2016-2020
11.    Asia Pacific Anthracene Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Latin America Anthracene Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Latin America Anthracene Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Middle East and Africa Anthracene Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Middle East and Africa Anthracene Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    North America Historical Price Trends and Forecast 2016-2026
17.    Europe Historical Price Trends and Forecast 2016-2026
18.    Asia Pacific Historical Price Trends and Forecast 2016-2026
19.    Latin America Historical Price Trends and Forecast 2016-2026
20.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
21.    Global Anthracene Market Structure

Key Questions Answered in the Report

The global anthracene market is expected to be driven by the growth of the coal tar market, which is projected to grow at a CAGR of 2% between 2021 and 2026.

The coal tar market is estimated to reach USD 18 billion by 2026, further supporting the growth of the anthracene industry.

The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand from the textile and chemical industries, growing demand for electronics, and growing standards of living, are expected to aid the market growth.

The key trends guiding the growth of the market include the growing R&D activities and the growing adoption of the product as a luminescent material in scintillators to detect radiation leaks.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading application segments in the market are electronic devices, coatings, dyes and pigments, and pesticides, among others.

The major players in the industry are Merck KGaA, Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., and Anward, among others.

Analyst Review

The global anthracene market is being driven by the rising demand for the product from its application sectors. Aided by the rising coal tar industry, the market is expected to witness a further growth in the coming years. In the forecast period of 2021-2026, the coal tar market is expected to grow at a CAGR of 2% to attain a value of USD 18 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is segmented into electronic devices, coatings, dyes and pigments, and pesticides, among others. The major regional markets for anthracene are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Merck KGaA, Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., and Anward, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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