Commercial Helicopter Market Analysis, Size, Research and Economic Growth Report by 2033

 The global commercial helicopter market was valued at USD 6,782.6 million in 2024 and is projected to reach USD 9,945.5 million by 2033, expanding at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2033. This growth is primarily driven by several critical factors, including the rising demand for emergency medical services (EMS), expanding offshore oil and gas exploration activities, and increasing levels of urbanization across developed and emerging economies. Commercial helicopters are playing an increasingly important role in various critical and civil applications. These include Search and Rescue (SAR) operations, EMS transport, law enforcement, public safety enforcement, and aerial firefighting. The unique capability of helicopters to access hard-to-reach, remote, or rugged terrains quickly and efficiently makes them vital for missions requiring speed and precision. As a result, these applications are expected to significantly contribute to the continu...

Coal Tar Market Size, Share and Consumption Analysis Report 2022 by Million Insights


27 Jun 2019 - Global Coal Tar Market is predicted to grow significantly in the forecast period owing to the increasing applications of coal tar in medical & industrial segment and sealing of roads. Coal tar is basically a thick liquid and a byproduct of the formation of coal gas and coke from coal. Coal tar is used in combination with ultraviolet light therapy. It is also used as medication on the skin to cure flaking, itching, and scaling due to disorders like seborrheic dermatitis or psoriasis. Medically, coal tar is a drug called ‘keratoplastics’ and works by shedding dead cells of the top layer and reduces the growing of the skin cells. This reduces scaling & dryness and reduces itching from the skin disorders.

         

The rising demand in the medical and industrial sector, and sealing of public roads are majorly driving the growth of coal tar market. Tar cannot be efficiently used in the extracted state since it is normally heated at high temperatures for the particular application. High cost of heating furnace is not affordable by the end users which hampers the growth of coal tar market. Nevertheless, increase in industrial applications like production of gasoline oil and diesel through in-power generation and high-pressure hydrogenation for heating boilers is predicted to boost worldwide demand for coal tar in future, thereby driving the coal tar market.


The market is categorized on the basis of product, applications, end user and geography. On the basis of product, market is divided into high temperature coal tar, medium temperature coal tar, and low temperature coal tar. Based on application, market is split into pitch, pine tar, birch tar, carbon black, wash oil and others. On the basis of end user, market is divided into pavement sealcoats, medical industries and other sectors. Geographically, market is segmented as North America, Europe, Asia Pacific, and RoW (Rest of the World). North America, especially Canada is predicted to hold larger market for coal tar market due to extensive industrial use.

The key players in coal tar market include Baowu Steel Group, OCI, Baoshun, JFE Chemical, Koppers, Himadri Chemicals & Industries, Huanghua Xinnuo Lixing, POSCO, Rain Industries Limited, Sunlight Coking, Nippon Steel & Sumitomo Metal, and Shanxi Coal and Chemical.

Market Segment:

Key Applications

• Chemical Processing
• Carbon Black

Key Regions

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key Vendors

• AM
• Erdemir
• EVRAZ
• Metinvest
• MMK
• NLMK
• SEVERSTAL
• request free sample to get a complete list of companies



Comments

Popular posts from this blog

Thermoplastic Powder Coating Market Business Overview, Production, Consumption, By Players, Forecast To 2022

Digital Workplace Market Growth Analysis, Trends Forecast by Regions and Types to 2030

Cloud Computing Industry Research Report 2030 by Key Growth Drivers, Leading Players Review