Global Carbon Black Market

Carbon black appears as a black finely divided powder.It is used in rubber and plastic products,tires, printing inks and coatings owing to properties of particle size, specific surface area and structure, color and conductivity. Two carbon black manufacturing processes namely furnace black and thermal black are responsible for producing majority of carbon black. Carbon black contains greater than 97% of elemental carbon which distinct It from the regular soot and black carbon. In the case of commercial carbon blacks, organic contaminants such as polycyclic aromatic hydrocarbons (PAHs) might be extractedunder very rigorous laboratory analytical procedures.

Market Dynamics

The global demand for carbon black was 12.625 million tons in 2016. Carbon black (CB) is industrially manufactured in the form of hundreds of defined commercial grades. According to recently published TechSci Research report, “Global Carbon Black Market Forecast and Opportunities, 2020”, global carbon black market is expected to surpass USD25 billion by 2020 growing at a CAGR of about 4%. Major drivers include rising demand from tyre industry, along with construction and manufacturing sectors where carbon black is used to provide strength to industrial rubber compounds and other equipment. Global carbon black market is witnessing increased penetration as it provides viscosity, sharp color and enhanced conductivity and UV protection.Demand for carbon black in paints and coatings, and inks is expected to increase over the next five years. Another interesting area for carbon black showing growth is Metallurgy.

Market Segmentation

Based on application, the Carbon Black market is segmented into Tire, non-tire, plastic, ink and coating. Based on end user industry it is segmented into transportation, industrial, building and construction, printing and packaging. Based on type, it is segmented into furnace black, channel black, thermal black, acetylene black, and others. Based on grade, it is segmented into standard and specialty grades.

Geographic Analysis

Asia Pacific is expected to stay the largest market with a strong hold of 37% share due to higher cars and two wheeler production and shift of tire companies in low-cost countries, such as China and India. Asia Pacific and Rest of the World are bound to show good growth over the forecast period due to growth in automotive demand and increasing investment in tire production facilities. Developed economies such as the US and Western Europe are expected to exhibit flat demand though use of specialty blacks is likely to grow fastest in these regions.

Key Players

Some of the key players in the Industry are Cabot Corporation (U.S.), Orion Engineered Carbons SA (Luxembourg), Birla Carbon/Thai Carbon Black Public Company Limited (Thailand), Tokai Carbon Co., Ltd. (Japan), Phillips Carbon Black Limited (India), Jiangxi Black Cat Carbon Black Inc., Ltd. (China), Omsk Carbon Group OOO (Russia),OCI Company Ltd. (South Korea), China Synthetic Rubber Corporation (China), Sid Richardson Carbon & Energy Co. (U.S.), and Mitsubishi Chemical Corporation (Japan).

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage