DUBLIN, Aug. 27, 2019 /PRNewswire/ -- The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global carbon black market was worth US$ 11.7 Billion in 2018 and is expected to reach a value of US$ 14.5 Billion by 2024, registering a CAGR of around 3.6% during 2019-2024.
Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen.
Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products.
The growing automotive industry is one of the key factors driving the market growth. Carbon black is extensively used in the inner liners, sidewalls and treads of tires as it increases their strength and longevity. It is also applied in various extruded and molded industrial rubber products such as air springs, belts, hoses, gaskets and types of conveyor wheels and grommets. Furthermore, the flourishing construction and manufacturing sectors are also driving the market growth.
These sectors extensively utilize industrial rubber and other related equipment, in which carbon black forms an integral part. Moreover, in the paints and coatings industry, it is used in jet black paints which act as a protective coating to various products.
Apart from this, as the mixture of carbon black and cement results in an enhanced uniformity, surface hardness, tensile strength and compressive strength, there has been an increase in the demand for carbon black in the construction industry.
Key Questions Answered in This Report:
- How has the global carbon black market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global carbon black industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global carbon black industry?
- What are the key driving factors and challenges in the global carbon black industry?
- What is the structure of the global carbon black industry and who are the key players?
- What is the degree of competition in the global carbon black industry?
- What are the profit margins in the global carbon black industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Carbon Black Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Grade
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Type
6.1 Furnace Black
6.2 Channel Black
6.3 Thermal Black
6.4 Acetylene Black
7 Market Breakup by Grade
7.1 Standard Grade
7.2 Specialty Grade
8 Market Breakup by Application
8.2 Non-Tire Rubber
8.4 Inks and Coatings
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cabot Corporation
14.3.2 Thai Carbon Black Public Company Limited (Birla Carbon)
14.3.3 Orion Engineered Carbons S.A.
14.3.4 Phillips Carbon Black Limited
14.3.5 Tokai Carbon Co., Ltd.
14.3.6 Omsk Carbon Group OOO
14.3.7 Jiangxi Black Cat Carbon Black Inc., Ltd.
14.3.8 OCI Company Ltd.
14.3.9 China Synthetic Rubber Corporation
14.3.10 SID Richardson Carbon & Energy Co.
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