Anthracene Market
Anthracene Market Forecasts to 2030 - Global Analysis By Product Type (Crude Anthracene and Refined Anthracene), Grade, Application and By Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $359.4 MN |
|
Projected Year Value (2030) |
US $512.7 MN |
|
CAGR (2024 - 2030) |
6.1% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Anthracene Market is accounted for $359.4 million in 2024 and is expected to reach $512.7 million by 2030 growing at a CAGR of 6.1% during the forecast period. Anthracene is a solid polycyclic aromatic hydrocarbon (PAH) derived from coal tar, used in dye production, as an intermediate for synthetic colorants, and as a precursor for organic semiconductors. Its stable conjugated structure makes it highly photo chemically reactive, making it valuable in photoconductors and OLEDs. Despite its natural presence in fossil fuels, it can be synthetically produced. However, it is classified as a pollutant due to its presence in combustion by-products and poses potential environmental and health risks. Proper handling and disposal are necessary to minimize its hazardous effects.
According to 2022 data, this resulted in 9.6 million deaths worldwide, with around 68,778 deaths in Argentina. In addition, cancer deaths are expected to increase globally, reaching 13.1 million by 2030.
Market Dynamics:
Driver:
Growing demand for high-performance coatings and construction materials
Anthracene, a polycyclic aromatic hydrocarbon, is increasingly utilized in the production of high-quality materials that offer enhanced durability, resistance, and performance, making them ideal for demanding applications. With the rise in infrastructure development and construction, the need for these materials has surged globally. Additionally, advancements in manufacturing techniques have enabled the creation of specialized coatings that utilize anthracene, further driving demand. As industries continue to focus on improving product quality and lifespan, the adoption of anthracene-based materials is expected to grow substantially.
Restraint:
Health hazards and toxicity concerns
Anthracene, being a chemical compound, can pose significant health risks if not handled properly, including potential carcinogenicity. Regulatory bodies across the globe are imposing stricter safety standards, requiring industries to invest in advanced protective measures to ensure worker safety. This not only increases operational costs but also slows the adoption of anthracene in some sectors. As awareness of these health risks continues to grow, industries are under pressure to find safer alternatives, further limiting the potential of anthracene in the market.
Opportunity:
Increasing applications in organic electronics and semiconductors
Increasing applications in organic electronics and semiconductors represent a key opportunity for the anthracene market. As technology continues to evolve, there is a growing demand for materials with high electrical conductivity and chemical stability, both of which are provided by anthracene. These technologies require high-performance organic semiconductors, where anthracene plays a critical role in their functionality. With more industries exploring the potential of organic electronics, the use of anthracene is poised to increase significantly, offering substantial market growth opportunities.
Threat:
Declining coal tar production
Coal tar is a primary source for extracting anthracene, and any reduction in its production directly impacts the availability and cost of anthracene. As environmental regulations become stricter and coal usage declines in favor of cleaner energy sources, the availability of coal tar is expected to decrease. This could drive up the cost of anthracene and limit its widespread adoption in industries dependent on it. Furthermore, the shift towards more sustainable practices may also encourage the search for alternatives to anthracene, thereby reducing its market share in the long term.
Covid-19 Impact
While global disruptions in supply chains and shifts in economic priorities affected production, the need for advanced coatings and materials for infrastructure recovery led to some stabilization in demand for anthracene. The construction and manufacturing sectors are expected to rebound post-pandemic, driving further growth in the use of high-performance materials. However, the pandemic also heightened concerns around the environmental and health impacts of chemicals like anthracene, leading to more stringent regulations. Overall, while the market faced some setbacks, it is poised for recovery as demand for industrial materials resumes.
The crude anthracene segment is expected to be the largest during the forecast period
The crude anthracene segment is expected to account for the largest market share during the forecast period owing to various high-performance materials, including dyes, pigments, and resins. As industries demand higher-quality coatings and materials for construction, the need for crude anthracene is set to increase. Additionally, crude anthracene serves as a precursor for the synthesis of more refined products, expanding its role across various sectors. This makes the crude anthracene segment essential for both current and future market developments, supporting its position as the largest segment in the market.
The dyes & pigments segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the dyes & pigments segment is predicted to witness the highest growth rate due to colours and stability, making them suitable for a wide range of applications in textiles, coatings, and plastics. As industries continue to prioritize high-quality aesthetic finishes and environmentally friendly products, the demand for anthracene-based dyes is set to grow rapidly. Moreover, the increasing adoption of eco-friendly alternatives in the pigment industry, where anthracene plays a key role, is expected to drive its market growth. This segment's rapid expansion reflects the broader trend towards more sustainable and innovative products in the global market.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share owing to demand for advanced materials in construction, coatings, and electronics. The growing focus on high-performance materials for infrastructure projects, along with the increasing adoption of sustainable technologies, has created a strong demand for anthracene-based products. Additionally, North America benefits from advanced manufacturing capabilities and regulatory frameworks that drive the adoption of specialized coatings and materials, further cementing its dominance in the anthracene market. As industries prioritize efficiency and innovation, North America is poised to maintain its lead in market share.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR due to rapidly developing economies like China, India, and Southeast Asia, the demand for construction materials, high-performance coatings, and electronic components is rising significantly. The region's expanding industrial base, coupled with increased investments in infrastructure and technology, is driving the need for anthracene-based products. Furthermore, the shift towards more sustainable production practices is creating new opportunities for the adoption of eco-friendly materials. As a result, the Asia Pacific market is projected to experience robust growth.
Key players in the market
Some of the key players in Anthracene market include Aparna Carbons Private Limited, Chemos GmbH & Co. KG, Deepak Petrochem LTD, Fisher Scientific, Glentham Life Sciences, Haihang Industry Co., Ltd., Henan Daken Chemical Co., Ltd., Junsei Chemical Co., Ltd., Kishida Chemical Co., Ltd., Merck KGaA, SAE Manufacturing Specialties Corp, Santa Cruz Biotechnology, Inc., Spectrum Chemical, Tokyo Chemical Industry Co., Ltd and Wego Chemical Group.
Key Developments:
In January 2025, Merck partnered with Opentrons Labworks, Inc., supporting lab of the future. Custom robotic workstation automates company’s broad portfolio of biology assays for academia, biotech, and pharma.
In January 2025, Thermo Fisher Scientific Inc., unveiled the Gibco™ CTS™ Detachable Dynabeads™ CD4 and CTS Detachable Dynabeads CD8 (CTS Detachable Dynabeads)*. These latest products expand on Thermo Fisher’s CTS Detachable Dynabeads platform, which represents a new generation of cell therapy isolation and/or activation products that prioritize cell quality while also creating greater workflow control.
In December 2024, Thermo Fisher Scientific introduced fully integrated multimodal analytical scanning transmission electron microscope to advance novel research in materials science. The Thermo Scientific™ Iliad™ (Scanning) Transmission Electron Microscope, (S)TEM, gives scientific pioneers deeper insights about the chemical nature of the most sophisticated modern materials, down to the atomic level.
Product Types Covered:
• Crude Anthracene
• Refined Anthracene
Grades Covered:
• Industrial Grade
• Pharmaceutical Grade
Applications Covered:
• Dyes & Pigments
• Polymers & Plastics
• Pesticides
• Wood Preservatives
• Electronic Devices
• Pharmaceuticals
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Anthracene Market, By Product Type
5.1 Introduction
5.2 Crude Anthracene
5.3 Refined Anthracene
6 Global Anthracene Market, By Grade
6.1 Introduction
6.2 Industrial Grade
6.3 Pharmaceutical Grade
7 Global Anthracene Market, By Application
7.1 Introduction
7.2 Dyes & Pigments
7.3 Polymers & Plastics
7.4 Pesticides
7.5 Wood Preservatives
7.6 Electronic Devices
7.7 Pharmaceuticals
7.8 Other Applications
8 Global Anthracene Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Aparna Carbons Private Limited
10.2 Chemos GmbH & Co. KG
10.3 Deepak Petrochem LTD
10.4 Fisher Scientific
10.5 Glentham Life Sciences
10.6 Haihang Industry Co., Ltd.
10.7 Henan Daken Chemical Co., Ltd.
10.8 Junsei Chemical Co., Ltd.
10.9 Kishida Chemical Co., Ltd.
10.10 Merck KGaA
10.11 SAE Manufacturing Specialties Corp
10.12 Santa Cruz Biotechnology, Inc.
10.13 Spectrum Chemical
10.14 Tokyo Chemical Industry Co., Ltd.
10.15 Wego Chemical Group
List of Tables
1 Global Anthracene Market Outlook, By Region (2022-2030) ($MN)
2 Global Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
3 Global Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
4 Global Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
5 Global Anthracene Market Outlook, By Grade (2022-2030) ($MN)
6 Global Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
7 Global Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
8 Global Anthracene Market Outlook, By Application (2022-2030) ($MN)
9 Global Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
10 Global Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
11 Global Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
12 Global Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
13 Global Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
14 Global Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
15 Global Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
16 North America Anthracene Market Outlook, By Country (2022-2030) ($MN)
17 North America Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
18 North America Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
19 North America Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
20 North America Anthracene Market Outlook, By Grade (2022-2030) ($MN)
21 North America Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
22 North America Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
23 North America Anthracene Market Outlook, By Application (2022-2030) ($MN)
24 North America Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
25 North America Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
26 North America Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
27 North America Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
28 North America Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
29 North America Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
30 North America Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
31 Europe Anthracene Market Outlook, By Country (2022-2030) ($MN)
32 Europe Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
33 Europe Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
34 Europe Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
35 Europe Anthracene Market Outlook, By Grade (2022-2030) ($MN)
36 Europe Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
37 Europe Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
38 Europe Anthracene Market Outlook, By Application (2022-2030) ($MN)
39 Europe Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
40 Europe Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
41 Europe Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
42 Europe Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
43 Europe Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
44 Europe Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
45 Europe Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
46 Asia Pacific Anthracene Market Outlook, By Country (2022-2030) ($MN)
47 Asia Pacific Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
48 Asia Pacific Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
49 Asia Pacific Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
50 Asia Pacific Anthracene Market Outlook, By Grade (2022-2030) ($MN)
51 Asia Pacific Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
52 Asia Pacific Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
53 Asia Pacific Anthracene Market Outlook, By Application (2022-2030) ($MN)
54 Asia Pacific Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
55 Asia Pacific Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
56 Asia Pacific Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
57 Asia Pacific Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
58 Asia Pacific Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
59 Asia Pacific Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
60 Asia Pacific Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
61 South America Anthracene Market Outlook, By Country (2022-2030) ($MN)
62 South America Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
63 South America Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
64 South America Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
65 South America Anthracene Market Outlook, By Grade (2022-2030) ($MN)
66 South America Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
67 South America Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
68 South America Anthracene Market Outlook, By Application (2022-2030) ($MN)
69 South America Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
70 South America Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
71 South America Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
72 South America Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
73 South America Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
74 South America Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
75 South America Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
76 Middle East & Africa Anthracene Market Outlook, By Country (2022-2030) ($MN)
77 Middle East & Africa Anthracene Market Outlook, By Product Type (2022-2030) ($MN)
78 Middle East & Africa Anthracene Market Outlook, By Crude Anthracene (2022-2030) ($MN)
79 Middle East & Africa Anthracene Market Outlook, By Refined Anthracene (2022-2030) ($MN)
80 Middle East & Africa Anthracene Market Outlook, By Grade (2022-2030) ($MN)
81 Middle East & Africa Anthracene Market Outlook, By Industrial Grade (2022-2030) ($MN)
82 Middle East & Africa Anthracene Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
83 Middle East & Africa Anthracene Market Outlook, By Application (2022-2030) ($MN)
84 Middle East & Africa Anthracene Market Outlook, By Dyes & Pigments (2022-2030) ($MN)
85 Middle East & Africa Anthracene Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
86 Middle East & Africa Anthracene Market Outlook, By Pesticides (2022-2030) ($MN)
87 Middle East & Africa Anthracene Market Outlook, By Wood Preservatives (2022-2030) ($MN)
88 Middle East & Africa Anthracene Market Outlook, By Electronic Devices (2022-2030) ($MN)
89 Middle East & Africa Anthracene Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
90 Middle East & Africa Anthracene Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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