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Coal Tar Market Dynamics, Trends Analysis and Forecast to 2022

Global Coal Tar Market is predicted to grow significantly in the forecast period owing to the increasing applications of coal tar in medical & industrial segment and sealing of roads. Coal tar is basically a thick liquid and a byproduct of the formation of coal gas and coke from coal. Coal tar is used in combination with ultraviolet light therapy. It is also used as medication on the skin to cure flaking, itching, and scaling due to disorders like seborrheic dermatitis or psoriasis. Medically, coal tar is a drug called u2018keratoplasticsu2019 and works by shedding dead cells of the top layer and reduces the growing of the skin cells. This reduces scaling & dryness and reduces itching from the skin disorders.

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