Coal tar is a thick dark liquid which is a by-product of the production of coke and coal gas from coal.
It can be classified by the dry distillation temperature into low-temperature coal tar, medium-temperature coal tar and high-temperature coal tar; wherein high-temperature coal tar enjoys the highest share.
Production in the coking industry has been restricted and backward capacity faster eliminated since 2016 when the supply-side reform and nationwide environmental campaigns were underway. In 2018, China’s coke output reached 438.2 million tons and edged up 0.8% on an annualized basis; the output of coal tar totalled 18.06 million tons with a year-on-year decrease of 1.5%. From January to November of 2019, China’s coke output showed a like-for-like rise of 5.9% to 433.28 million tons. If the share of coal tar production is considered, the supply of coal tar in 2019 would remain at 19.65 million tons. In China, Shanxi, Hebei, Shandong, Shaanxi and Inner Mongolia are the origins of coal tar, of which Shanxi province’s coal tar output in 2018 accounted for 21% of the national total.
In China, coal tar gets deep processed into phenols, naphthalene, wash oil, anthracene and asphalt and is also used to produce carbon black, for both of which consumption of coal tar in 2018 made up 74.7% and 22.2% respectively. In 2019, the coal tar deep-processing capacity in China would be up to 25.5 million tons in comparison with the market demand only standing at 11.7 million tons or so, showing still huge overcapacity.
Competition between the players in the Chinese coal tar deep-processing industry ever pricks up, and the CR10 of the industry is below 30%. This report focuses on the eleven companies such as Shanxi Coking Co., Ltd., Kailuan Energy Chemical Co., Ltd., Baowu Carbon Material Technology Co., Ltd, Baotailong New Materials Co., Ltd. and Jinneng Science & Technology Co., Ltd.
Shanxi Coking Co., Ltd., as a coal coking industry chain extension demonstration base of Shanxi Coking Coal Group Co., Ltd., now boasts production facilities with annual capacities up to coke 3,600 kilotons, coal tar processing 300 kilotons, coke oven gas to methanol 350 kilotons, crude benzol refining 100 kilotons and carbon black 80 kilotons as well as 45 product varieties like metallurgical coke, methanol, industrial naphthalene, coal tar, coking benzene, modified coal tar pitch and carbon black.
Kailuan Energy Chemical Co., Ltd., situated in Tangshan city, Hebei province, China, is primarily engaged in coal mining, raw coal washing and processing, coking as well as the production and sales of coal chemicals. It is now capable of annually producing 7,200 kilotons of coke, 200 kilotons of methanol, 300 kilotons of tar processing, 200 kilotons of benzene, 150 kilotons of adipic acid and 100 kilotons of methanol gasoline.
Baowu Carbon Material Technology Co., Ltd under Baowu Steel Group dedicates itself to the development of the new coal-based materials industry, with its manufacturing bases spreading in East China, South China and North China. It is capable of annually processing 1,650 kilotons of coke tar and 350 kilotons of crude benzene and producing 340 kilotons of carbon black, 350 kilotons of modified coal tar pitch and 100 kilotons of ultra high-power electrode (under construction).
China Coal Tar Industry Report, 2020-2025 highlights the following:
- Chinese coal tar market (demand & supply, import & export, competitive pattern, price trend and development forecast);
- Chinese coal and coke markets (demand & supply, import & export and price trend);
- Chinese market of coal tar deep-processed products like phenol oil, industrial naphthalene and coal tar pitch (demand & supply, import & export and price trend);
- 14 global and Chinese coal tar processing enterprises (operation, coal tar business, development forecast, etc.
1. Overview of Coal Tar
1.1 Definition & Classification
1.4 Main Application Technologies
1.4.1 Coal Tar Distillation
1.4.2 Industrial Naphthalene Distillation
1.4.3 Elution of Fraction from Coal Tar Distillation
1.4.4 Refining of Crude Anthracene
1.4.5 Decomposition of Hydroxybenzene Natrium Salt
1.4.6 Preparation of Naphthalene
1.4.7 Refining of Crude Hydroxybenzene
1.4.8 Refining of Crude Pyridine and Crude Quinoline
1.4.9 Production of Refined Anthracene, Refined Carbazole and Anthraquinone
1.5 Industrial Chain
2. Development Environment for China Coal Tar Industry
2.1 Development Environment
2.2.1 High-Temperature Coal Tar
2.2.2 Medium Temperature Coal Tar
2.2.3 Low-Temperature Coal Tar
2.3.1 Demand from Deep Processing
2.3.2 Demand from Carbon Black
2.3.3 Demand from Fuel
2.4 Import and Export
2.5 Market Price
2.5.1 High-temperature Coal Tar
2.5.2 Medium-temperature Coal Tar
2.5.3 Low-temperature Coal Tar
2.6 Development Trends
3 Upstream Sectors of Coal Tar in China
3.1 Coal Industry
3.1.1 Market Size
3.1.4 Import & Export
3.2 Coke Industry
3.2.1 Supply and Demand
3.2.2 Import & Export
4 Downstream Deep-processing Sectors of Coal Tar in China
4.1 Phenol Oil
4.1.3 M-cresol and P-cresol
4.1.4 Mixed Cresol
4.2 Industrial Naphthalene
4.2.3 Import and Export
4.3 Coal Tar Pitch
4.3.1 Supply and Demand
4.3.2 Application Market
4.3.3 Price Trend
4.4.1 Anthracene Oil
4.4.2 Light Oil
4.4.3 Wash Oil
5. Coal Tar Industry Competition in China
5.1 Regional Competition
5.2 Enterprise Competition
5.3 Product Competition
6. Major Global Coal Tar Companies
6.1.3 Operation of Carbon Materials & Chemicals Segment
6.1.4 Business in China
6.1.5 Development Strategy
6.2 Rain Carbon Inc. (RCI)
6.3 Nippon Steel Chemical & Material Co., Ltd.
7. Major Chinese Coal Tar Companies
7.1 Shanxi Coking Co., Ltd.
7.1.3 Project Investment
7.2 Kailuan Energy Chemical Co., Ltd.
7.2.3 Development Strategy
7.3 Baowu Carbon Material Technology Co., Ltd. (forerunner: Shanghai Baosteel Chemical)
7.3.3 Key Projects
7.3.4 Development Strategy
7.4 Baoshun Technology Co., Ltd.
7.4.3 Coal Tar Business
7.5 Shanxi Meijin Energy Co., Ltd.
7.5.3 Coal Tar Business
7.6 Jiangxi Black Cat Carbon Black Inc., Ltd.
7.6.3 Coal Tar Business
7.7 Guanghui Energy Co., Ltd.
7.7.3 Coal Tar Business
7.8 Yunnan Coal & Energy Co., Ltd.
7.8.3 Coal Tar Business
7.9 Jinneng Science & Technology Co., Ltd.
7.9.3 Coal Tar Business
7.9.4 Project Investment
7.10 Shanxi Yongdong Chemistry Industry Co., Ltd.
7.10.3 Coal Tar Business
7.11 Baotailong New Materials Co., Ltd.
7.11.3 Coal Tar Business
8. Summary and Forecast
- Baoshun Technology Co., Ltd.
- Baotailong New Materials Co., Ltd.
- Baowu Carbon Material Technology Co., Ltd. (forerunner: Shanghai Baosteel Chemical)
- Guanghui Energy Co., Ltd.
- Jiangxi Black Cat Carbon Black Inc., Ltd.
- Jinneng Science & Technology Co., Ltd.
- Kailuan Energy Chemical Co., Ltd.
- Nippon Steel Chemical & Material Co., Ltd.
- Rain Carbon Inc. (RCI)
- Shanxi Coking Co., Ltd.
- Shanxi Meijin Energy Co., Ltd.
- Shanxi Yongdong Chemistry Industry Co., Ltd.
- Yunnan Coal & Energy Co., Ltd.