Market Research Report
Opportunities and Competitive Analysis of the Carbon Black Market
|Opportunities and Competitive Analysis of the Carbon Black Market|
Published: September 1, 2021
Content info: 250 Pages
Delivery time: 1-2 business days
The future of the global carbon black market looks promising with opportunities in the transportation, industrial, and building and construction sectors. The global carbon black market is expected to reach an estimated $24.1 billion by 2026 with a CAGR of 9.9% from 2020 to 2026. The major drivers for this market are increasing tire production and growth in plastic and coating market.
Emerging trends, which have a direct impact on the dynamics of the industry, include growing usage of recycled and bio-based carbon black and a shifting focus from commodities to more specialized grades of carbon black. Birla Carbon, Cabot Corporation, China Synthetic Rubber (CSR), Orion Engineered Carbons Holdings, OMSK Carbon Group, Tokai Carbon, and Philips Carbon Black are among the major carbon black providers.
A total of 127 figures / charts and 110 tables are provided in this 250-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the carbon black market report, please download the report brochure.
In this market, Tire rubber is the largest application, whereas commodity carbon black is largest in grade type. Growth in various segment of the carbon black market are given below:
By Application [Kilotons and $M shipment analysis from 2015 to 2026]:
By End Use Industry [Kilotons and $M shipment analysis from 2015 to 2026]:
By Grade [Kilotons and $M shipment analysis from 2015 to 2026]:
By Function [Kilotons and $M shipment analysis from 2015 to 2026]:
By Region [Kilotons and $M shipment analysis for 2015 - 2026]:
Carbon black for tire rubber will remain the largest application over the forecast period supported by increasing demand for passenger cars and light commercial vehicles. Lucintel forecasts that plastic is expected to witness the highest growth over the forecast period due to growth in the plastic pipes, wire & cable, and packaging markets.
Transportation will remain the largest end use industry during the forecast period supported by increasing demand for the tire and mechanical rubber goods. Lucintel predicts that the demand for carbon black in the packaging end use is likely to experience the highest growth in the forecast period supported by growth in the food and beverages, household products, personal care, and pharmaceutical sectors.
Asia Pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period supported by higher vehicle production and shift of tire production in low-cost countries, such as India and China.
Features of the Global Carbon Black Market