DUBLIN--(BUSINESS WIRE)--The "Global Carbon Black Market - Segmentation by Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The demand for carbon black market is expected to grow at a healthy rate during the forecast period, 2018-2023, due to the rise in demand from tire industry, in addition to construction and manufacturing sectors. The global construction sector is expected to expand over the next decade to a nominal value of more than USD 6.0 trillion.
Regions, such as South America, Middle East & Africa will register robust growth, as governments remain committed to infrastructure investment. The key areas of expected growth in construction market are transport, energy, social infrastructure, schools, hospitals, defense infrastructure, etc. This rapid growth in the construction industry will act as a potential driver for the carbon black market.
Asia-Pacific is estimated to be the largest market for carbon black in the world, with a 37% share. Globally, Asia Pacific is known for manufacturing cheapest carbon black. This is driving the companies in North America and Europe to shift their manufacturing facilities to Asia-Pacific region. The low labor and lands costs in Asia-Pacific region are likely to shift the focus of the manufacturer's attention from North America and Europe. Majority of the demand emanates from emerging economies, such as China and India, on account of expansion of tire manufacturing facilities and growth in the construction sector.
- Asahi Carbon Co. Ltd.
- Birla Carbon
- Cabot Corporation
- China Synthetic Rubber Corporation
- Columbian Chemicals
- Continental Carbon Company
- Evonik Industries
- Himadri Chemicals and Industries Lim
- Jiangxi Black Cat Carbon Black Inc.
- Longxing Chemical Stock Co Ltd
- Mitsubishi Chemical Corporation
- Nigerian National Petroleum Corpora
- Nippon Steel & Sumikin Chemical
- OCI Company Ltd.
- OMSK Carbon Group
- Orion Engineered Carbons
- Phillips Carbon Black Ltd.
- PrJSC Kremenchug
- Qingdao Evonik Chemicals Co. Ltd.
- Sid Richardson Carbon & Energy Co.
- Suzhou Baohua Carbon Black
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ll5tbh/global_carbon?w=4