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 $25.6 billion by 2027 with a CAGR of 6.9% from 2021 to 2027. The major drivers for this market are increasing tire production, growth in the plastic and coating market, and increasing penetration of specialty carbon black to enhance UV protection, pigmentation, and conductivity/anti-static properties in various applications.
Answer: The global carbon black market is expected to reach an estimated $25.6 billion by 2027.
Q2. What is the growth forecast for carbon black market?
Answer: The carbon black market is expected to grow at a CAGR of 6.9% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the carbon black market?
Answer: The major drivers for this market are increasing tire production, growth in the plastic and coating market, and increasing penetration of specialty carbon black to enhance UV protection, pigmentation, and conductivity/anti-static properties in various applications
Q4. What are the major applications or end use industries for carbon black?
Answer: Transportation is the major end use industries for carbon black.
Q5. What are the emerging trends in carbon black market?
Answer: 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.
Q6. Who are the key carbon black companies?
Answer: Some of the key carbon black companies are as follows:
Answer: The analyst predicts that carbon black for tire rubber will remain the largest application segment over the forecast period, supported by increasing demand for passenger cars and light commercial vehicles.
Q8: In carbon black market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness good growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?
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Emerging Trends in the Carbon Black 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.Carbon Black Market by Segment
The study includes a forecast for the global carbon black market by application, end use, grade, function, and region as follows:Carbon Black Market by Application [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:
- Tire Rubber
- Non-Tire Rubber
- Plastics
- Ink
- Coating
- Others
Carbon Black Market by End Use Industry [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:
- Transportation
- Industrial
- Building and Construction
- Printing and Packaging
- Others
Carbon Black Market by Grade [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:
- Commodity Carbon Black
- Specialty Carbon Black
Carbon Black Market by Function [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:
- Reinforcement
- Coloring (Pigmentation)
- Conductivity
- UV Protection
- Others
Carbon Black Market by Region [Value ($M) and Volume (Kilotons) shipment analysis for 2016-2027]:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Thailand
- The Rest of the World
- Brazil
- Turkey
List of Carbon Black Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies carbon black companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the carbon black companies profiled in this report includes.- Birla Carbon
- Cabot Corporation
- Orion Engineered Carbons Holdings
- OMSK Carbon Group
- Tokai Carbon
- Philips Carbon Black
- Denka Company
- Himadri Specialty Chemical
- Imerys
- Continental Carbon
Carbon Black Market Insight
- The analyst predicts that carbon black for tire rubber will remain the largest application segment over the forecast period, supported by increasing demand for passenger cars and light commercial vehicles.
- Transportation will remain the largest end use industry during the forecast period, supported by increasing demand for tire and mechanical rubber goods.
- 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, driven by higher vehicle production and shift of tire production to low-cost countries, such as India and China.
Features of Carbon Black Market
- Market Size Estimates: Carbon black market size estimation in terms of value ($M) and volume (kilotons)
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by application, end use, grade, and function
- Regional Analysis: Carbon black market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different application, end use, grade, and function, and regions for the carbon black market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the carbon black market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the carbon black market size?Answer: The global carbon black market is expected to reach an estimated $25.6 billion by 2027.
Q2. What is the growth forecast for carbon black market?
Answer: The carbon black market is expected to grow at a CAGR of 6.9% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the carbon black market?
Answer: The major drivers for this market are increasing tire production, growth in the plastic and coating market, and increasing penetration of specialty carbon black to enhance UV protection, pigmentation, and conductivity/anti-static properties in various applications
Q4. What are the major applications or end use industries for carbon black?
Answer: Transportation is the major end use industries for carbon black.
Q5. What are the emerging trends in carbon black market?
Answer: 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.
Q6. Who are the key carbon black companies?
Answer: Some of the key carbon black companies are as follows:
- Birla Carbon
- Cabot Corporation
- Orion Engineered Carbons Holdings
- OMSK Carbon Group
- Tokai Carbon
- Philips Carbon Black
- Denka Company
- Himadri Specialty Chemical
- Imerys
- Continental Carbon
Answer: The analyst predicts that carbon black for tire rubber will remain the largest application segment over the forecast period, supported by increasing demand for passenger cars and light commercial vehicles.
Q8: In carbon black market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness good growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global carbon black market by application (tire rubber, non-tire rubber, plastics, ink, coating, and others), end use industry (transportation, industrial, building and construction, printing and packaging, and others), grade (commodity carbon black and specialty carbon black), function (reinforcement, coloring, conductivity, UV protection, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?
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Table of Contents
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2016 to 2027
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Birla Carbon
- Orion Engineered Carbons
- Cabot Corporation
- Omsk Carbon Group
- Philips Carbon Black
- Tokai Carbon Co Ltd
- Denka Company Limited`
- Himadri Specialty Chemical Ltd
- Imerys Graphite & Carbon
- Continental Carbon Company
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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