Market Overview & Regional Analysis
Asia-Pacific commands the global impregnation pitch market, accounting for nearly 65% of consumption. China's dominant position stems from its massive steel industry and expanding graphite electrode production. Japan and South Korea follow closely, driven by their advanced materials sectors and battery manufacturing capabilities.
North America maintains steady demand through its specialty graphite and electrode recycling industries. Europe shows growing interest in high-performance materials for renewable energy applications. The Middle East is emerging as a production hub, leveraging its petroleum refining capabilities to develop pitch alternatives.
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