Global Carbon Black Market, By Process (Furnace Black, Thermal Black, Acetylene Black, Lamp Black, Channel Black), Grade (N-550, N-660, N-762, N-772, N-774, N-990, N-991), Application (Graphite Manufacturing, Tires and Rubber Goods, Coatings, Polymers, Printing, Electronics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Carbon Black Market
The carbon black market is expected to witness market growth at a rate of 6.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on carbon black market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the adoption of advanced technologies in tire production is escalating the growth of carbon black market.
Carbon black is a type of para crystalline carbon, which comprises of 95% of pure carbon and enriches the physical and mechanical features of material, making the end product more useful. Carbon black is basically utilized in the manufacturing of tires, plastics, mechanical rubber goods, printing inks, toners and so forth. It can also soak up UV light and convert it into heat. Therefore, its chief application in also applied in insulating the wires and cables. Additionally, it is employed in the manufacturing of a broad range of rubber products and pigments. It also operates as a cost efficient rubber reinforcing agent that applied in the tires.
Major factors that are expected to boost the growth of the carbon black market in the forecast period are the rise in the demand for carbon black from tire, construction and manufacturing industries, increase in the utilisation in the manufacturing of plastics and the upsurge in the redecorating of automobiles. On the other hand, the variations in the costs of the raw material, rise in the utilization of silica as alternative and environmental issues regarding the manufacturing of carbon black are few of the factors anticipated to derail the growth of the carbon black market in the coming years.
In addition, the upsurge in the requirement for carbon black because of its UV protection and conductive properties in plastics which will further provide potential opportunities for the growth of the carbon black market in the near future.
This carbon black market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the carbon black market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Carbon Black Market Scope and Market Size
The carbon black market is segmented on the basis of process, grade and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of process, the carbon black market is segmented into furnace black, thermal black, acetylene black, lamp black, channel black.
- On the basis of grade, the carbon black market is segmented into N-550, N-660, N-762, N-772, N-774, N-990, and N-991.
- On the basis of application, the carbon black market is segmented into graphite manufacturing, tires and rubber goods, coatings, polymers, printing, electronics
Carbon Black Market Country Level Analysis
The carbon black market is analysed and market size, volume information is provided by country, process, grade and application as referenced above.
The countries covered in the carbon black market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the carbon black market due to the increase in the foreign investments. Furthermore, the suitable governing policies will further boost the growth of the carbon black market in the region during the forecast period. North America is projected to observe significant amount of growth in the carbon black market due to the rise in the demand for tires due to the increasing number of tires being replaced every year. Moreover, the continuous recovery of current construction and automobiles industries is further anticipated to propel the growth of the carbon black market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carbon Black Market Share Analysis
The carbon black market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to carbon black market.
The major players covered in the carbon black market report are Asahi Carbon Co Ltd, Birla Carbon, Black Bear Carbon BV, Cabot Corporation, Carbon Clean Tech AG, China Synthetic Rubber Corporation, Continental Carbon Company, Jinneng Science and Technology Company Limited, Longxing Chemical Stock Co Ltd, Mitsubishi Chemical Holdings Corporation, Monolith Materials Inc, Nippon Steel & Sumikin Chemical Co Ltd, OCI Company Ltd, Omsk Carbon Group, Orion Engineered Carbons SA, Phillips Carbon Black Limited, Qingzhou Boao Carbon Black Co Ltd, Shandong Huadong Rubber Materials Co Ltd, Shandong Lion King Carbon Black Co Ltd, Sid Richardson Carbon and Energy Co Ltd, Tokai Carbon Co Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.