Global Carbon Black Market Projected to Reach $24.8 Billion by 2024 - Key Growth Opportunities & Strategic Analysis - ResearchAndMarkets.com

DUBLIN--()--The "Carbon Black Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The carbon black market is expected to reach an estimated $24.8 billion by 2024 with a CAGR of 6.6% from 2019 to 2024.

Some of the features of the report include:

  • Market size estimates: carbon black market size estimation in terms of value ($M) shipment.
  • Trends and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end-use industry.
  • Segmentation analysis: carbon black market size by usage type, product type, and application in terms of value shipment.
  • Regional analysis: carbon black market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of carbon black in the carbon black market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of carbon black in the carbon black market.
  • Analysis of the competitive intensity of the industry based on Porter's Five Forces model.

The future of the carbon black market looks promising with opportunities in the transportation, industrial, and building and construction sectors. The major drivers for this market are increasing tire production and growth in the plastic and coating 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. 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 are among the major carbon black providers.

Market Segmentation

The study includes the carbon black market size and forecast for the carbon black market through 2024, segmented by application type, grade, end-use industry, attributes, and the region.

The analyst predicts that carbon black for tire rubber will remain the largest application over the forecast period supported by increasing demand for passenger cars and light commercial vehicles. The analyst forecasts that the plastic is expected to witness the highest growth over the forecast period due to growth in the plastic pipes, wire & cable, and packaging market.

Within the 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. The analyst 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.

The 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 supported by higher vehicle production and shift of tire production in low-cost countries, such as India and China.

Some of the carbon black companies profiled in this report include Birla Carbon, Orion Engineered Carbons, Cabot Corporation, Omsk Carbon Group, Philips Carbon Black, China Synthetic Rubber Corporation, and others.

This report answers the following 11 key questions:

Q.1 What are some of the most promising, high-growth opportunities for the carbon black market by application (tire rubber, non-tire rubber, plastic, ink, coating, and others), by end-use industry (transportation, industrial, building and construction, printing and packaging, and others), grade (commodity carbon black and specialty carbon black) and by 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 carbon black market?

Q.5 What are the business risks and threats to the carbon black market?

Q.6 What are the emerging trends in this carbon black market and the reasons behind them?

Q.7 What are some changing demands of customers in the carbon black market?

Q.8 What are the new developments in the carbon black market? Which companies are leading these developments?

Q.9 Who are the major players in this carbon black 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 carbon black market share via product substitution?

Q.11 What M&A activity has occurred in the last 5 years?

Key Topics Covered

1. Executive Summary

2. Carbon Black Market Dynamics

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2013 to 2024

3.1: Macroeconomic Trends and Forecasts

3.2: Carbon Black Market Trends and Forecast

3.3: Carbon Black Market by Application Type

3.3.1: Tire Rubber

3.3.2: Non-Tire Rubber

3.3.3: Plastic

3.3.4: Ink

3.3.5: Coating

3.3.6: Others

3.5 Carbon Black Market by Grade Type:

3.5.1: Commodity Carbon Black

3.5.2: Specialty Carbon Black

3.6: Carbon Black Market by End Use Industry Type:

3.6.1: Transportation

3.6.2: Industrial

3.6.3: Building and Construction

3.6.4: Printing and Packaging

3.6.5: Others

3.7: Carbon Black Market by Attribute Type:

3.7.1: Reinforcement

3.7.2: Color

3.7.3: Conductive

3.7.4: UV Protection

3.7.4: Others

3.5.3: Others

4. Market Trends and Forecast Analysis by Region

4.1: Carbon Black Market by Region

4.2: North American Carbon Black Market

4.3: European Carbon Black Market

4.4: APAC Carbon Black Market

4.5: RoW Carbon Black Market

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

6.1: Growth Opportunity Analysis

6.1.1: Growth Opportunities for the Carbon Black Market by Application

6.1.2: Growth Opportunities for the Carbon Black Market by Grade

6.1.3: Growth Opportunities for the Carbon Black Market by End Use Industry

6.1.3: Growth Opportunities for the Carbon Black Market by Attribute

6.1.4: Growth Opportunities for the Carbon Black Market by Region

6.2: Emerging Trends in the Carbon Black Market

6.3: Strategic Analysis

6.3.1: New Product Development

6.3.2: Capacity Expansion in the Carbon Black Market

6.3.3: Mergers, Acquisitions, and Joint Ventures in the Carbon Black

7. Company Profiles of Leading Players

7.1: Birla Carbon

7.2: Cabot Corporation

7.3: Omsk Carbon Group

7.4: Philips Carbon Black

7.5: China Synthetic Rubber Corporation

7.6: Tokai Carbon Co. Ltd.

7.7: Richardson Carbon & Energy Co.

7.8: Denka Company Limited

7.9: Himadri Specialty Chemical Ltd.

7.10: Imerys Graphite & Carbon

For more information about this report visit https://www.researchandmarkets.com/r/p3uqqt

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900