Tar refers a blend of hydrocarbons and free carbons. Numerous natural ingredients are used for the production of tar. Generally, it is produced using destructive distillation process and is extracted from coal, petroleum, wood, and peat. Thus, coal tar, birch tar, pitch tar, and pine tar are some of the products available in the global tar market.
TMR’s upcoming research report is a perfect combination of all data and analysis on key factors that impact the development of tar market. This aside, the study provides dependable statistics on volume, shares, and revenues of the market for tar. Thus, the report works as a valuable guide of the tar market for the forecast period of 2020 to 2030.
Tar finds major applications in roads sealing and medical sector. This aside, it is widely used for industrial purposes. The global tar market is expected to witness promising demand opportunities during the assessment period of 2020 to 2030. This growth is attributed to growing use of tar in many end-use industries.
The global tar market experiences presence of many well-established players. The list of enterprises in this market includes:
The global tar market shows presence in many regions such as Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. Of them, North America shows dominance in the market for tar. Canada is considered as biggest tar producer in this region.
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