CREOSOTE OIL MARKET ANALYSIS

Leading Companies

Key players in Global Creosote Oil Market

• Key players operating in the global creosote oil market include Cooper Creek, ArcelorMittal S.A., Mitsubishi Chemical, RUTGERS Group, Sandvik Materials Technology, Epsilon Carbon, Himadri Chemicals & Industries, JFE Chemical Corporation, Stella- Jones, KMG Chemicals, Sceneys, Jalan Chemicals & Carbons, Huanghua Xinnuo Lixing, Konark Tar Products, AVH Pvt. Ltd, and Ganga Rasayanie
• Leading market players are seeking source suppliers to manufacture creosote oil, to satisfy rising demand from consumers. For example, ArcelorMittal announced in January 2017 that, Koopers and ArcelorMittal entered into a long-term contact for coal tar supply through 2026. Koppers will purchase coal tar, which is a byproduct of ArcelorMittal coke plants located in the U.S. This contracted volume is expected to meet the growing demand for domestic raw material to manufacture creosote.
• Consumption of coal tar derived creosote oil has been witnessing rapid growth because of wood and wooden furniture applications to meet the need from construction industry.