Market Research Report
Carbon Black Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||346265|
|Published||Content info||184 Pages
Delivery time: 1-2 business days
|Carbon Black Market Report: Trends, Forecast and Competitive Analysis|
|Published: May 1, 2018||Content info: 184 Pages||
The future of the global carbon black market looks attractive with opportunities in the transportation, industrial, and building & construction, and packaging sectors. The global carbon black market is expected to reach an estimated $20.2 billion by 2023 with a CAGR of 5.6% from 2018 to 2023. The major growth drivers for this market are increasing tire production, and rising demand for specialty carbon black in plastic, ink, and coating applications.
Emerging trends, which have a direct impact on the dynamics of the carbon black industry, include growing usage of recycled and bio-based carbon black, and shifting focus from commodity to more specialize grade carbon black.
A total of 103 figures / charts and 96 tables are provided in this 184 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this carbon black market report download the report brochure.
Carbon Black Market Trends Carbon Black Market Forecast Growth Opportunities for the Global Carbon Black Market by Region
The Lucintel report includes the carbon black market size, and forecast for the global carbon black through 2023, segmented by application, end use, and region as follows:
Carbon Black Market by Application [Kilotons and $M shipment analysis from 2012 to 2023]:
Tire Rubber Non-Tire Rubber Plastic Ink Coating Others
Carbon Black Market by End Use Industry [Kilotons and $M shipment analysis from 2012 to 2023]:
Transportation Industrial Building and Construction Printing and Packaging Others
Carbon Black Market by Region [Kilotons and $M shipment analysis for 2012 - 2023]:
North America United States Canada Mexico Europe Germany Italy Russia Asia Pacific China Japan India Thailand Indonesia South Korea The Rest of the World
Some of the carbon black companies profiled in this report include Birla Carbon, Cabot Corporation, China Synthetic Rubber (CSR), Orion Engineered Carbons Holdings, OMSK Carbon Group, Tokai Carbon, Philips Carbon Black, and Sid Richardson Carbon & Energy and others.
Lucintel predicts that carbon black demand in tire will remain the largest application over the forecast period supported by continuously increasing fleet size of passenger cars and light commercial vehicle. Lucintel forecasts that plastic segment is expected to witness the highest growth in the forecast period due to growth in plastic pipe, wire & cable, and packaging market.
Within the global carbon black market, 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 pharmaceuticals sectors.
Asia Pacific is expected to be the largest region by value and volume and will experience 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.