World Carbon Black Market Examined by Industry Experts in Topical Report Available at MarketPublishers.com04 Feb 2016 • by Natalie Aster
LONDON – The volume of demand for carbon black is closely related to the development of the end-user industries, with the automotive sector taking the lead in this respect as the biggest quantity of this material is utilised by tires and other rubber products largely utilised in automobiles. Any variability in the manufacturing of tires and, to some extent, mechanical rubber products exert a pertinent influence on the demand for carbon black. Tire production, in its turn, depends on car production, which has been registering stable growth in the recent past and will likely keep on doing so. Technological advances and innovative applications in the sectors will also be responsible for the rising demand for carbon black.
Plastics and paints and coatings are also utilised by the construction sector on a wide scale, which has been posting steady to fast growth depending on the region. For example, the mature markets such as North America and Western Europe are seeing stagnation in their construction sectors, whilst the emerging economies of APAC, Eastern Europe and Latin America are thriving construction sectors.
The consumption of carbon black is forecast to reach 13.9 million metric tons and a value of USD 14.4 billion in 2016, and is further poised to reach 19.2 million metric tons equalling to USD 20.4 billion by end-2022, posting a 5.6% CAGR.
New research report “Carbon Black - A Global Market Overview” prepared by Industry Experts gives an in-depth analysis of the carbon black market on the global scale, by regions (covers North America, Europe, APAC, South America and RoW) and in a number of individual nations. The study offers a granular analysis of the global, regional and country markets in value and volume terms by application; contains market share information. An overview of key market and business trends is included. The report examines the competitive landscape and profiles the top 21 global players and 29 major players across APAC, North America and Europe. The research also presents the listing of the companies involved in the manufacturing and supply of carbon black. Detailed market forecasts to 2022 are at hand in the report as well.
Carbon Black - A Global Market Overview
Published: January, 2016
Price: US$ 4,050.00
More studies by the publisher can be found in the Industry Experts catalogue.