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A Detailed Report On Coal Tar Import-Export

A Detailed Report On Coal Tar Import-Export

What is coal tar?

Coal tar is a very thick, dark liquid with a number of medical and industrial uses. It is a product generated while processing coking coal into low ash metallurgical coke in a recovery type coke plant. It is one of the by-products when coal is made into coke and coal gas.

Coal tar is generally used in medicines, construction and industry. It causes side effects such as skin irritation, sun sensitivity, allergic reactions and skin discoloration.

As medicaments, it is used in shampoo, soap and ointment as a treatment for dandruff and psoriasis. In the WHO’s list of essential medicines, it is the most effective and safe medicines needed in a health system.

Coal tar is mainly the result of oils obtained from the distillation of high temperature coal tar and the similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents. 

Coal tar is used as it is, after expelling the lightest phenols and aromatics or as a starting material for fractional distillations. All parts of this tar are combustible and can be used as fuel. Coal tar is used above all for making electrodes for the aluminum and steel industries. It is also used as a binder in clay-pigeons for sport shooting.

Coal tar is widely used to manufacture paints, perfumes, synthetic dyes, photographic material, drugs and explosives. It can be utilized to make insecticides and pesticides. Naphthalene balls that are commonly used to keep moths away are made from tar.

Substances like phenols, naphthalene, and cumarone are obtained at a lower cost from coal tar. Coal tar has various uses in industries as chemicals or in medical sciences or in civil engineering. Depending on its requirements coal tar can be treated differently for different purposes

Top 3 Product Categories of Coal tar pitch Exports from India are

  • HSN Code 27081010: pitch: obtained by blending with creosote oil or other coal tar distillates
  • HSN Code 68079090: other
  • HSN Code 27081090: pitch: other

Countries importing form India

  • UNITED ARAB EMIRATES
  • EGYPT
  • INDONESIA
  • SINGAPORE
  • QATAR
  • BRAZIL
  • MEXICO
  • BANGLADESH
  • CAMEROON

Top Importers From India

  • DUBAI ALUMINIUM P J S C
  • ARAB AFRICAN INTERNATIONAL BANK 
  • PITCH CHEM TAR & ASPHALT TRADING  
  • ALCOA ALUMINUM S A
  • SOUTH32 MINERALS S.A.
  • GRAFTECH MEXICO S A DE C V  
  • ALUCAM B P
  • RESONAC GRAPHITE MALAYSIA SDN BHD
  • MM INTERNATIONAL CORP LTD

Also Read This: Unlocking Opportunity For Sunflower Seeds Export: Report

Market Segmentation

Low-Temperature Coal Tar likely to witness Fastest Growth

Based on the Type, the Global Coal Tar Market segments into High-Temperature Coal Tar, Medium-Temperature Coal Tar, and Low-Temperature Coal Tar segment, where the Low-Temperature Coal Tar is more likely to achieve the fastest market growth in the forecast years. It has prominent usage while producing clean fuels, especially for jets, thereby likely to witness exponential breakthrough. Moreover, it also provides technical support for the development of higher value-added oil products. Hence, the Low-Temperature Coal Tar segment shall observe robust demand and attain the fastest market growth in the forecast period.

Roofing Segment likely to Acquire the Largest Market Share

Based on End-user, the market segments into Aluminum Industry, Graphite Electrodes, Roofing, Ink and Paint Industry, Tire Industry, and Others like Carbon Fiber, Paving, Refractories. However, the Roofing segment is likely to hold the largest market share in the forecast years, being the leading applicator. Roofing has wide use in the industry and is in extensive demand across the globe. It owes prominently to its low maintenance, less life-cycle costs, and long-term persistence. Furthermore, it is also used in various end-user industries as a binder in asphalt products, paving, and the base layer of coatings & paint.

Following registration are required for exports

  • Import-Export Code (IEC)
  • ICEGATE registration
  • DGFT CoO ( certificate of origin)

To export COAL TAR from India, you need to complete several documentation procedures, which may include the following:

  • Bill of Lading/ Airway Bill
  • Commercial Invoice cum Packing List
  • Shipping Bill/ Bill of Export
  • Sales Invoice
  • Bill of Lading/Airway Bill
  • Other documents required on the basis of clients /country’s demand