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Global Anthracene Market to Grow at a Healthy Rate During 2024-2032, Aided the Rising Adoption of the Product in Nuclear Reactor Sites

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Global Anthracene Market Size, Share, Analysis, Forecast: By Application: Electronic Devices, Coatings, Dyes and Pigments, Pesticides, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032

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 2024 and 2032 to reach a value of USD 20.27 billion by 2032.

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: Market 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:

Electronic Devices
Coatings
Dyes and Pigments
Pesticides
Others

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 market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Application Region
Breakup by Application	Electronic Devices Coatings Dyes and Pigments Pesticides Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Merck KGaA Tokyo Chemical Industry Co., Ltd. Santa Cruz Biotechnology, Inc. Haihang Industry Co., Ltd. Anward Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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   Opportunities and Challenges in the Market
8   Global Anthracene Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Anthracene Historical Market (2018-2023)
   8.3   Global Anthracene Market Forecast (2024-2032)
   8.4   Global Anthracene Market by Application
       8.4.1   Electronic Devices
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Coatings
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Dyes and Pigments
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032
       8.4.4   Pesticides
           8.4.4.1 Historical Trend (2018-2023)
           8.4.4.2 Forecast Trend (2024-2032
       8.4.5   Others
   8.5   Global Anthracene Market by Region
8.5.1 North America
           8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Anthracene Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Anthracene Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Anthracene Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Anthracene Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Anthracene Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Merck KGaA
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Tokyo Chemical Industry Co., Ltd.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Santa Cruz Biotechnology, Inc.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Haihang Industry Co., Ltd.,
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Anward
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market

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 Key Figures and Tables

1.    Global Anthracene Market: Key Industry Highlights, 2018 and 2032
2.    Global Anthracene Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Anthracene Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Anthracene Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global Anthracene Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America Anthracene Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America Anthracene Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe Anthracene Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe Anthracene Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific Anthracene Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific Anthracene Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America Anthracene Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America Anthracene Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa Anthracene Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa Anthracene Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    North America Historical Price Trends and Forecast 2018-2032
17.    Europe Historical Price Trends and Forecast 2018-2032
18.    Asia Pacific Historical Price Trends and Forecast 2018-2032
19.    Latin America Historical Price Trends and Forecast 2018-2032
20.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
21.    Global Anthracene Market Structure

Key Questions Answered in the Report

What is the growth rate of the global anthracene market?

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 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The coal tar market is estimated to reach USD 20.27 billion by 2032, further supporting the growth of the anthracene industry.

What are the major industry drivers?

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.

What are the key industry trends of the global anthracene market?

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.

What are the major regional markets of anthracene, according to the EMR report?

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

What are the leading application segments in the market?

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

Who are the key industry players according to the report?

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 2024-2032, the coal tar market is expected to grow at a CAGR of 2% to attain a value of USD 20.27 billion by 2032.

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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