According to Stratistics MRC, the Global Carbon Black Market is accounted for $11.00 billion in 2017 and is expected to reach $19.40 billion by 2026 growing at a CAGR of 6.5% during the forecast period.
Gaithersburg, MD, US – June 14, 2018 —
Rising application in plastics and coating industries, increasing demand from tyre industry and developing demand for tires within automotive industries are some of the key driving factors for the market growth. However, emission of CO2 in carbon black production, strict regulations forced through different regulatory bodies and availability of acceptable quality of feedstock are hampering the growth of the market. Demand for carbon black in paints and coatings, and inks, huge demand in Asia-pacific region and growing demand for UV protection and conductive properties in plastics provides ample of opportunities for the market.
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Carbon Black obtain as a commercial form of solid carbon which is affected in extremely controlled processes to generate specially engineered aggregates of carbon particles which differ in particle size, aggregate size, shape, porosity and surface chemistry. Carbon Black usually contains more than 95 % pure carbon by minimal quantities of oxygen, hydrogen and nitrogen. Carbon Black is used during a various group of materials in order to develop their physical, electrical and optical properties.
By product, Furnace black is formed from heavy aromatic hydrocarbon oils such as petroleum oil and coal oil by means of oil furnace process. It is likely to be the important type of carbon black within the overall market because its manufacturing process facilitates mass production of carbon black through different particle sizes and structures. Additionally, furnace black can be used for different applications, ranging from rubber reinforcement to colouring.
Based on geography, Asia Pacific is anticipated to dominate the largest market share during the forecast period due to rapid industrialization and urbanization, huge industrial growth, increasing foreign investments, favorable legislations and regulatory framework are major factors driving growth in this region.
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Some of the key players in Carbon Black Market include Thai Carbon Black Public Company Limited (Birla Carbon), Phillips Carbon Black, Omsk Carbon Group OOO, OCI Company Ltd, Sid Richardson Carbon & Energy Co., Cabot Corporation, Orion Engineered Carbons, Tokai Carbon Co., Ltd, Jiangxi Black Cat Carbon, China Synthetic Rubber Corp., Mitsubishi Chemical Corporation, Longxing Chemical Industry Co., Ltd., Shandong Lion King Carbon Black Co., Ltd., Suzhou Baohua Carbon Black Co., Ltd., Shandong Huadong Rubber Material Co.,Ltd., Ralson Goodluck Carbon, Himadri Chemicals & Inds, Nippon Steel & Sumikin Chemical Co., Ltd., Asahi Carbon Co.,Ltd and PJSC “Kremenchug Carbon Black Plant”.
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• Channel Black
• Acetylene Black
• Furnace Black
• Specialty Carbon black
• Lamp black
• Gas Black
• Commodity Carbon black
• Thermal Black
• Other Products
• Non-Tire Rubber
• Industrial Rubber
• Inks & Coatings
• Electrical & Electronics
• High Performance Coatings
• Belt & Hoses
• Textile Fibers
• Other Applications
• Specialty Grade
• Standard Grade
• Other Grades
End Users Covered:
• Printing & packaging
• Building & construction
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
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Name: James Lamb
Organization: Stratistics Market Research Consulting Pvt Ltd
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