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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 2.00% between 2025 and 2034 to reach a value of USD 20.27 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Anthracene Market Outlook
*this image is indicative*
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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.
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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:
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.
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:
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.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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 2.00% between 2025 and 2034.
The coal tar market is estimated to reach USD 20.27 billion by 2034, 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.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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