Carbon black market to grow as demand from key industries rises
Added: (Wed Mar 27 2019)
Pressbox (Press Release) -
‘Global Carbon Black Market – Size, Share and Forecasts (2019-2026)’ from DataM Intelligence provides expert analysis into the market share, size, industry outlook, volume, major manufacturers and future trends in this industry. Probable impediments have also been discussed so as to allow the user in getting a better understanding of the key market drivers and restraints.
There is a rise in demand for carbon black in the tire industry, construction and manufacturing sectors which use it to provide strength to industrial rubber compounds and other equipment.
Carbon Black Market Segmentation
Based on the grade, the global carbon black market can be classified into standard grade and specialty grade. Specialty grade carbon black is widely used in inks, paints, and coatings.
Increase in demand for specialty grade carbon black is prompting the black carbon manufacturers to increase their production capacity or divert them to produce specialty grade carbon black rather than produce standard grade carbon black.
By applications, the global carbon black market can be classified into tire rubber, non-tire rubber, plastics, inks, paints & coatings and others.
The transportation industry is anticipated to remain the largest segment during the forecast period.
Carbon Black Industry Dynamics
Market Drivers
Increase in demand for specialty grade carbon black is prompting the black carbon manufacturers to increase their production capacity or divert them to produce specialty grade carbon black rather than produce standard grade carbon black.
Increase in the investments in the tire industry coupled with the rise in demand for specialty grade carbon black in paints & coatings is anticipated to boost the growth of the global carbon black market.
Hurdles in the industry
The volatility of raw material prices is anticipated to impede the growth of the global carbon black market.
Stringent environmental regulations enacted by the government on the usage of carbon hampers the growth of the market.
Carbon Black Market Geographical Distribution
Based on geography, the global carbon black market can be classified into North America, South America, Europe, Asia Pacific and rest of the world.
Asia-Pacific occupies the most significant share of carbon black in the world, a majority of the demand arises from economies such as China and India.
Asia-Pacific is expected to dominate the overall market during the forecast period, as the global tire manufacturing companies are shifting their production base to key developing countries in the region.
Carbon Black Sector Competition
Key players operating in carbon black market are Cabot Corporation, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Thai Carbon Black Public Company Limited (Birla Carbon), Tokai Carbon Co., Ltd., Continental Carbon, and Sid Richardson Carbon & Energy Co. among others.
Players active in the global carbon black market are highly competitive, with all key players investing heavily in R&D activities to improve the quality of their products.
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https://www.datamintelligence.com/research-report/carbon-black-market/
The research report includes -
1. Introduction
1.1 Study Scope
1.2 Market Introduction
2. Assumptions and Research Methodology
3. Executive Summary
4. Industry Analysis
4.1 Market Dynamics
4.1.1 Drivers
4.1.2 Restraints
4.2 Key Industrial Developments in Carbon Black Market
4.3 Porter's Five Forces Analysis
4.3.1 Competition Degree
4.3.2 Threat of Substitutes
4.3.3 Threat of New Entrants
4.3.4 Bargaining Power of Suppliers
4.3.5 Bargaining Power of Buyers
5. Market Segmentation by Type
5.1 Channel Black
5.2 Acetylene Black
5.3 Furnace Black
5.4 Gas Black
5.5 Lampblack
5.6 Thermal Black
6. Market Segmentation by Grade
6.1 Standard Grade
6.2 Speciality Grade
7. Market Segmentation by Application
7.1 Tire Rubber
7.2 Non-tire Rubber
7.3 Plastics
7.4 Inks and Paints & Coatings
7.5 Others
8. Market Segmentation by End-User Industry
8.1 Transportation
8.2 Industrial Applications
8.3 Printing & Packaging
8.4 Construction
8.5 Others
9. Market Segmentation by Region, Country
9.1 North America
9.1.1 The U.S.A
9.1.2 Mexico
9.1.3 Canada
9.1.4 Rest of North America
9.2 Europe
9.2.1 Germany
9.2.2 The U.K.
9.2.3 France
9.2.4 Spain
9.2.5 Italy
9.2.6 Rest of Europe
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Rest of South America
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia
9.4.5 Rest of Asia Pacific
9.5 Rest of the World
10. Competitive Analysis
10.1 Company Profiles*
10.1.1 Cabot Corporation
10.1.1.1 Company Description
10.1.1.2 Recent Financials
10.1.1.3 Business Segments and Product Portfolio
10.1.1.4 SWOT Analysis
10.1.1.5 Strategic Analysis and Key Developments
10.1.2 Orion Engineered Carbons S.A.
10.1.3 Phillips Carbon Black Limited
10.1.4 Thai Carbon Black Public Company Limited (Birla Carbon)
10.1.5 Tokai Carbon Co., Ltd.
10.1.6 Continental Carbon
10.1.7 SID Richardson Carbon & Energy Co.
10.1.8 China Synthetic Rubber Corporation
10.1.9 Mitsubishi Chemical Holdings Corporation
10.1.10 Evonik Industries AG
10.2 Market Share Analysis
10.3 Product Mapping
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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.
Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that primarily revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historic data but also allows a highly justifiable forecast model.
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