MARKET OUTLOOK
As per an analysis by the publisher, the carbon black market in the Middle East and Africa is predicted to surge at a CAGR of 3.57% over the projected years 2019-2028.Saudi Arabia, Turkey, South Africa, the United Arab Emirates and Rest of Middle East & Africa are studied in the Middle East and Africa carbon black market.
Saudi Arabia ranks eighth among the largest plastic producers across the world. The country contributes around 67% to the total plastic resin production in the Gulf Cooperation Council (GCC region). It is also one of the largest consumers of polymers in the Middle East and Africa. Besides, several engineered polymers and other commodities are manufactured in Saudi Arabia. Carbon black is used in plastics and polymers as a conductive filler. Therefore, the growth in these industries is consequently leading to the increased use of carbon black in the country.
In South Africa, the construction industry is witnessing an upsurge owing to the rising investments towards its development. This is leading to an increased demand for other sectors like paints & coatings and plastics. Carbon black finds its applications in paints & coatings as a pigment used for mass tone coloration. Likewise, it is used in plastics as a conductive filler material. Thus, the growth in the construction industry is, in turn, boosting the demand for carbon black market.
COMPETITIVE OUTLOOK
The significant players in the carbon black market are Mitsubishi Chemical Holdings Corporation, Philips Carbon Black Limited, Atlas Organics Private Limited, Cabot Corporation, Abu Dhabi National Oil Company, Tokai Carbon Co Ltd, OCI Company Ltd and Himadri Chemicals Ltd.Table of Contents
1. Middle East and Africa Carbon Black Market - Summary
2. Industry Outlook
3. Middle East and Africa Carbon Black Market Outlook - by Process Type
4. Middle East and Africa Carbon Black Market Outlook - by Application
5. Middle East and Africa Carbon Black Market – Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- OCI Company Ltd
- Mitsubishi Chemical Holdings Corporation
- Imerys
- Himadri Chemicals Ltd
- Tokai Carbon Co Ltd
- Cabot Corporation
- Asahi Carbon Co Ltd
- Birla Carbon
- Abu Dhabi National Oil Company
- Jiangxi Black Cat Carbon Black Co Ltd
- NNPC (Nigerian National Petroleum Corporation)
- Omsk Carbon Group
- Orion Engineered Carbons GmbH
- Philips Carbon Black Limited
- Atlas Organics Private Limited