Carbon Black Market 2019: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2024

(The Express Wire via Comtex)

The Connected Carbon Black Market Size 2019 research report offers the complete analysis of the Connected Carbon Black Market, covering an inside and out judgment of the Connected Carbon Black Market state and the dynamic scene globally. This report separates the ability of Connected Carbon Black Market in the existing and moreover the future forecasts from various edges in detail. The vital goal of this is to dissect the worldwide and key locales Market potential and preferred standpoint, opportunity and test, limitations and dangers.

Carbon Black Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Carbon Black market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Carbon Black Market

  • Asahi Carbon Co. Ltd
  • Birla Carbon (Aditya Birla Group)
  • Cabot Corporation
  • Tokai Carbon Co. Ltd
  • China Synthetic Rubber Corporation (CSRC)
  • Abu Dhabi National Oil Company (ADNOC)
  • Himadri Chemicals and Industries Ltd
  • Imerys Graphite and Carbon
  • Jiangxi Black Cat Carbon Black Co. Ltd
  • Longxing Chemical Stock Co. Ltd
  • Mitsubishi Chemical Holdings Corporation
  • Nigerian National Petroleum Corporation (NNPC)
  • Nippon Steel Carbon Co. Ltd
  • OCI Company Ltd
  • OMSK Carbon Group
  • Orion Engineered Carbons SA
  • Phillips Carbon Black Ltd

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Market Overview:

  • The market for carbon black is expected to grow at a CAGR of 4.36% during the forecast period of 2019 - 2024. Major factors driving the market studied are increasing demand from the tire industry in North America and Asia-Pacific and increasing market penetration of specialty carbon black. Substitution by Silica and environmental concerns associated with the manufacturing of carbon black are expected to hinder the growth of the market studied.
  • Tire and industrial rubber product application dominated the market in 2018 and is expected to grow during the forecast period. Carbon black is one of the reinforces that frequently used in tire industry owing to its effect on mechanical and dynamic properties of tires. . It is used in various formulations with different rubber types to customize the performance properties of tires. It is used in various formulations with different rubber types to customize the performance properties of tires.
  • Increasing requirement for UV protection and conductive properties in plastics is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China and India.greater than

Scope of the Report:

  • This report studies the global Carbon Black market size, industry status and forecast, competition landscape and growth opportunity.

Why there is Need of Carbon Black Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Carbon Black market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Carbon Black market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

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Key Market Trends:

Increasing Application for Tires and Industrial Rubber Products

Carbon black is used in the tires of automotive vehicles. It is used as a filler as well as a strengthening reinforcing agent.
Carbon black is mainly required in the inner liners, sidewalls, and carcasses. It has heat-dissipation capabilities when added to rubber compounds. It also improves handling, tread wear, fuel mileage, as well as provides abrasion resistance.
Carbon black is one of the most important industrial chemicals manufactured globally. Other than tires, it is also required for various molded and extruded industrial rubber products, such as conveyor belts, gaskets, air springs, grommets, vibration isolation devices, and hoses. It provides flex strength in such products.
In the rubber industry, carbon black is majorly used as a filler to achieve reinforcing effects, such as altering the modulus or tensile strength. In rubber-based adhesives, sealants, and coatings, it is used to enhance the intermolecular or cohesive forces of the product and to impart conductivity. Furthermore, in coatings, carbon black is used as a light-absorbing additive to counteract chemical degradation reactions.
Therefore, considering the aforementioned factors, the demand for carbon black is expected to rise from the tires and industrial rubber products segment moderately during the forecast period.

China to Dominate the Market in Asia-Pacific Region

China remained the largest producer of tires in the world in 2017 with the production of over one third of the global tire production. In 2017, the Chinese tire production increased by about 5.4% Y-o-Y over 2016, reaching a total of 926 million units.
The demand for tires has also been witnessed from the Chinese automotive sector. China has remained the largest automotive manufacturer in the world since 2009, with the current share of production over 29%.
China also stood as the world’s largest exporter of tires in terms of revenue with the total exports of USD 14.2 billion in 2017. With the increase in production of tires, the demand for consumption of carbon black is also expected to increase in China.
China is also the largest producer and consumer of paints and coatings, across the world. The country's overall paints and coatings consumption accounted for over 12.3 million kilo metric ton in 2017, which is about 25% of the global paints and coatings market. It currently produces more than half of the Asia-Pacific coatings and is home to more than 10,000 paint companies, among which local producers occupy more than half of the domestic paint market share.
The coatings market is growing at a rapid rate in China, with increasing downstream demand. The booming construction, automotive, and industrial sectors are likely to propel the market of paints and coatings, which, in turn, is expected to drive the carbon black market, during the forecast period.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Carbon Black market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Carbon Black market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

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Detailed TOC of Carbon Black Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Tire Industry in North America and Asia-Pacific
4.1.2 Growth in the Construction Sector
4.1.3 Increasing Market Penetration of Specialty Carbon Black
4.2 Restraints
4.2.1 Substitution by Silica
4.2.2 Environmental Concerns Associated with the Manufacturing of Carbon Black
4.3 Industry Value-Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Trade Analysis

5 MARKET SEGMENTATION
5.1 Process Type
5.1.1 Furnace Black
5.1.2 Gas Black
5.1.3 Lamp Black
5.1.4 Thermal Black
5.2 Application
5.2.1 Tire and Industrial Rubber Product
5.2.2 Plastic
5.2.2.1 Film and Sheet
5.2.2.2 Pressure Pipe
5.2.2.3 Molded Parts
5.2.3 Toner and Printing Ink
5.2.4 Paints and Coatings
5.2.5 Textile Fiber
5.2.5.1 Polyester
5.2.5.2 Nylon
5.2.5.3 Acrylic
5.2.6 Other Applications
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 US
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.2.4 Rest of North America
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 UK
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 UAE
5.3.5.4 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Asahi Carbon Co. Ltd
6.4.2 Birla Carbon (Aditya Birla Group)
6.4.3 Cabot Corporation
6.4.4 Tokai Carbon Co. Ltd
6.4.5 China Synthetic Rubber Corporation (CSRC)
6.4.6 Abu Dhabi National Oil Company (ADNOC)
6.4.7 Himadri Chemicals and Industries Ltd
6.4.8 Imerys Graphite and Carbon
6.4.9 Jiangxi Black Cat Carbon Black Co. Ltd
6.4.10 Longxing Chemical Stock Co. Ltd
6.4.11 Mitsubishi Chemical Holdings Corporation
6.4.12 Nigerian National Petroleum Corporation (NNPC)
6.4.13 Nippon Steel Carbon Co. Ltd
6.4.14 OCI Company Ltd
6.4.15 OMSK Carbon Group
6.4.16 Orion Engineered Carbons SA
6.4.17 Phillips Carbon Black Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Requirement for UV Protection and Conductive Properties in Plastics
7.2 Growing Investments on Infrastructure in North America

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