Global Superalloys Market — Rest of South America by End Use
Global Petroleum Pitch market [2013-2023] by Application
By Application, the market is segmented into Brake Pads, Road Surface Sealings, Aluminum Anodes, Insulation, Refractory Bricks, and Application_Others (2013-2023)
| Label | Brake Pads | Road Surface Sealings | Aluminum Anodes | Insulation | Refractory Bricks | Application_Others |
|---|---|---|---|---|---|---|
| 2013 | 308.6 USD Mn | 79 USD Mn | 96.5 USD Mn | 178.7 USD Mn | 110.9 USD Mn | 66.2 USD Mn |
| 2014 | 319.7 USD Mn | 81.1 USD Mn | 99.3 USD Mn | 184.5 USD Mn | 114.3 USD Mn | 68.1 USD Mn |
| 2015 | 334.5 USD Mn | 84.1 USD Mn | 103.2 USD Mn | 192.4 USD Mn | 119 USD Mn | 70.7 USD Mn |
| 2016 | 346.5 USD Mn | 86.4 USD Mn | 106.1 USD Mn | 198.7 USD Mn | 122.7 USD Mn | 72.7 USD Mn |
| 2017 | 355.6 USD Mn | 87.9 USD Mn | 108.2 USD Mn | 203.2 USD Mn | 125.2 USD Mn | 74 USD Mn |
| 2018 | 365.7 USD Mn | 89.6 USD Mn | 110.5 USD Mn | 208.2 USD Mn | 128.2 USD Mn | 75.5 USD Mn |
| 2019 | 376.8 USD Mn | 91.5 USD Mn | 113 USD Mn | 213.9 USD Mn | 131.4 USD Mn | 77.2 USD Mn |
| 2020 | 388.6 USD Mn | 93.6 USD Mn | 115.8 USD Mn | 219.8 USD Mn | 134.8 USD Mn | 79 USD Mn |
| 2021 | 402.5 USD Mn | 96.1 USD Mn | 119.1 USD Mn | 226.9 USD Mn | 139 USD Mn | 81.2 USD Mn |
| 2022 | 417 USD Mn | 98.7 USD Mn | 122.5 USD Mn | 234.3 USD Mn | 143.2 USD Mn | 83.5 USD Mn |
| 2023 | 432.2 USD Mn | 101.4 USD Mn | 126.1 USD Mn | 242 USD Mn | 147.7 USD Mn | 85.9 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
brake pads segment accounted for the largest market share in the petroleum pitch market, and is expected to reach USD 432.20 Million in 2023 from USD 355.60 Million in 2017. However, brake pads segment is the fastest growing market, which is expected to grow at a CAGR of 3.40% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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