Carbon Black Market: Global Industry Analysis and Forecast 2021-2027: by Process, Grade, Application and Region.

Carbon Black Market is anticipated to reach US$ 24.72 Bn. by 2027 from US$ 17.33 Bn. in 2020 at a CAGR of 6.1 % during a forecast period. Carbon black is a para-crystalline carbon with a high surface-to-volume ratio that is used to reinforce tyres, hoses, and absorbents. Furnace black, acetylene black, thermal black, channel black, and lampblack are some of the procedures that may be used to make it. The worldwide carbon black market is expected to grow during the forecast period due to increased product consumption in plastic production. As a result of the growing use of plastics in electronic and electrical components, product demand is expected to grow during the forecast period. Carbon Black Market To know about the Research Methodology :- Request Free Sample Report In report, 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Carbon Black Market Dynamics

The rise in demand for carbon black from the tyre, construction, and manufacturing industries, as well as an increase in its use in the manufacture of plastics and an increase in the redecorating of vehicles, are expected to drive the market's growth throughout the forecast period. The paints and coatings market was valued at $127.9 billion in 2019, and it is expected to grow at a CAGR of 4.69 percent over the forecast period of 2020-2027. In the automotive industry, carbon black paint is often used to paint cars. It's also utilized as a pigment in various paints and coatings. Vendors in the carbon black market are benefiting from the booming paints and coatings business. Apart from paints, carbon black is also utilized in toners and printer inks, boosting the carbon black market. Variations in raw material costs, an increase in the use of silica as an alternative, and environmental concerns about carbon black manufacture are just a few of the reasons that are expected to slow the growth of the carbon black market in the future years. Furthermore, the increased demand for carbon black due to its UV protection and conductive qualities in plastics would give prospective chances for the carbon black market to grow during the forecast period. Restraints: The use of carbon black in polymers for food contact applications, on the other hand, is strictly restricted. This might be a major hindrance to the carbon black market.

Carbon Black Market Segmentation Analysis

By Grade, The seven most prevalent grades fall under the furnace carbon black group, which is made from oil. Due to higher applicability and lower price, lower grades were in more demand than grades above N-550. The N-550 grade is largely utilized in the rubber products and tyres industries. For extruded profiles, shoes, belts, brake diaphragms, and plastic pipework, the N-550 grade provides high dimensional stability. In comparison to N-550, N-660 has a smaller surface area and a medium-low structure. It's a high-modulus black that may be used for a variety of applications. Due to significant demand from the tyre and rubber products sector, this grade accounted for over 35% of demand in 2020. By Application, Due to increased graphite demand from China and India, the graphite industry is seeing modest growth. The need for metals such as steel is rising, which is expected to boost graphite demand because it is required for an electric arc furnace. Graphite demand is driven by the rising usage of electric arc furnaces throughout the forecast period. In 2027, the graphite manufacturing segment is expected to account for about 5% of total demand. Carbon black market sales would be driven by demand for graphite from high-tech applications over the forecast period. Because of the strong growth of end-user industries in the Asia Pacific, the coatings sector is booming. During the forecast period, carbon black market demand in the coatings sector is expected to grow at a CAGR of roughly 6%. This is due to the growing coating sector in developing markets as a result of fast industrialization, population increase, and economic growth.

Carbon Black Market Regional Insight

North American market generated over USD 3.4 billion in sales by 2020 because of the region's strong end-user industries. The region's countries have a well-developed tyre and rubber products sector. Because of the rising penetration of specialty black carbon in North America, the market is booming. The market's growth, however, may be hampered by the current regulatory framework. Rising infrastructure and electronics investment are likely to supplement carbon black market revenue during the forecast period. Furthermore, the growth of tyre manufacturing factories in the region would open up new markets for carbon black producers all over the world. The Asia Pacific was the most popular region in the world, followed by Europe. Environmental regulations that are too strict may impose the negative effect on the North American and European markets. However, the market is expected to be supported by rising demand in tyre production. The regional demand for carbon black has been bolstered by high economic growth, fast industrialization, and urbanization in Asia Pacific's rising areas. Market growth is also aided by increased foreign investment and favourable regulatory regulations. China accounted for more than 40% of worldwide carbon black production. China is also the world's greatest carbon black exporter. Coal tar is the most common carbon black feedstock, however additional carbon black feedstock’s include slurry oil and ethylene tar. Carbon black prices have risen in China recently owing to a supply constraint created by the Chinese government's escalating environmental protection drive, which has resulted in large plant shutdowns. Report Objectives: • Landscape analysis of the Carbon Black Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • Potential impact of micro-economic factors of the market • External and Internal factors affecting market have been analyzed The report also helps in understanding the Carbon Black Market dynamics, structure by analysing the market segments and project the Carbon Black Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Carbon Black Market make the report investor’s guide.

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Carbon Black Market

Carbon Black Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Carbon Black Market: Key Players

Birla Carbon • Cabot Corporation • Continental Carbon Company • Orion Engineered Carbons S.A. • Phillips Carbon Black Limited • Jiangxi Blackcat Carbon Black Inc. • Tokai Carbon Co., Ltd. • Longxing Chemical Industry Co., Ltd. • Bridgestone Corporation • Mitsubishi Chemical Holdings Corporation • Pyrolyx AG • Nippon Steel & Sumikin Chemical Co., Ltd • Shandong Huadong Rubber Materials Co., Ltd • Black Bear Carbon BV • Imerys Graphite & Carbon Switzerland SA • OMSK Carbon Group Frequently Asked Questions 1. What is the projected market size & growth rate of Carbon Black Market? Ans- Carbon Black Market was valued at USD 536.1billion in 2020 and is projected to reach USD 24.72 billion by 2027, growing at a CAGR of 6.1 % during the forecast period. 2. What are the key driving factors for the growth of Carbon Black Market? Ans- The rise in demand for carbon black from the tyre, construction, and manufacturing industries, as well as an increase in its use in the manufacture of plastics and an increase in the redecorating of vehicles, are expected to drive the market's growth throughout the forecast period. 3. Which Regions accounted for the largest Carbon Black Market share? Ans- North American market generated over USD 3.4 billion in sales by 2020 because of the region's strong end-user industries. 4. What makes Asia Pacific a Lucrative Market for Carbon Black Market? Ans- The regional demand for carbon black has been bolstered by high economic growth, fast industrialization, and urbanization in Asia Pacific's rising areas. 5. What are the top players operating in Carbon Black Market? Ans- Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, and Jiangxi Blackcat Carbon Black Inc.,
1. Global Carbon Black Market: Research Methodology 2. Global Carbon Black Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Carbon Black Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Carbon Black Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Carbon Black Market Segmentation 4.1 Global Carbon Black Market, by Process (2020-2027) • Furnace Black • Thermal Black • Acetylene Black • Lamp Black • Channel Black 4.2 Global Carbon Black Market, by Grade (2020-2027) • N-550 • N-660 • N-762 • N-772 • N-774 • N-990 • N-991 • Others 4.3 Global Carbon Black Market, by Application (2020-2027) • Graphite Manufacturing • Tires & Rubber Goods • Coatings • Polymers • Printing • Electronics 5. North America Carbon Black Market(2020-2027) 5.1 Global Carbon Black Market, by Process (2020-2027) • Furnace Black • Thermal Black • Acetylene Black • Lamp Black • Channel Black 5.2 Global Carbon Black Market, by Grade (2020-2027) • N-550 • N-660 • N-762 • N-772 • N-774 • N-990 • N-991 • Others 5.3 Global Carbon Black Market, by Application (2020-2027) • Graphite Manufacturing • Tires & Rubber Goods • Coatings • Polymers • Printing • Electronics 5.4 North America Carbon Black Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Carbon Black Market (2020-2027) 6.1. Asia Pacific Carbon Black Market, by Process (2020-2027) 6.2. Asia Pacific Carbon Black Market, by Grade (2020-2027) 6.2. Asia Pacific Carbon Black Market, by Application (2020-2027) 6.2. Asia Pacific Carbon Black Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Carbon Black Market (2020-2027) 7.1 Middle East and Africa Carbon Black Market, by Process (2020-2027) 7.2. Middle East and Africa Carbon Black Market, by Grade (2020-2027) 7.2. Middle East and Africa Carbon Black Market, by Application (2020-2027) 7.4. Middle East and Africa Carbon Black Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Carbon Black Market (2020-2027) 8.1. Latin America Carbon Black Market, by Process (2020-2027) 8.2. Latin America Carbon Black Market, by Grade (2020-2027) 8.2. Latin America Carbon Black Market, by Application (2020-2027) 8.4 Latin America Carbon Black Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Carbon Black Market (2020-2027) 9.1. European Carbon Black Market, by Process (2020-2027) 9.2. European Carbon Black Market, by Grade (2020-2027) 9.3. European Carbon Black Market, by Application (2020-2027) 9.4. European Carbon Black Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Birla Carbon 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Birla Carbon 10.3. Cabot Corporation 10.4. Continental Carbon Company 10.5. Orion Engineered Carbons S.A. 10.6. Phillips Carbon Black Limited 10.7. Jiangxi Blackcat Carbon Black Inc. 10.8. Tokai Carbon Co., Ltd. 10.9. Longxing Chemical Industry Co., Ltd. 10.10. Bridgestone Corporation 10.11. Mitsubishi Chemical Holdings Corporation 10.12. Pyrolyx AG 10.13. Nippon Steel & Sumikin Chemical Co., Ltd 10.14. Shandong Huadong Rubber Materials Co., Ltd 10.15. Black Bear Carbon BV 10.16. Imerys Graphite & Carbon Switzerland SA 10.17. OMSK Carbon Group

About This Report

Report ID 126753
Category Material & Chemical
Published Date Nov 2021
Updated Date
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