Industry Experts – Market Research Reports

Industry Experts caters the market research needs of a broad range of industry verticals comprising Automotive, Healthcare, Food & Beverage, Telecom & Internet, Chemicals & Plastics, Biotechnology and Consumer Goods. The company also provides customized market research and industry analysis services for a wide range of industry sectors.

11 Jun

Owing to Withstanding Adverse Weather Conditions and High Resistance to Wear & Tear, Global Demand for Carbon Black is Expected to Reach 20 Million Metric Tons by 2024 – Market Report (2018-2024) by Industry Experts, Inc.

Posted in Chemicals & Plastics, News on 11.06.19 by IE Admin

Industry Experts, Inc. unveiled an updated 2019 version of the global market research report on Carbon Black. The new report entitled “Carbon Black – A Global Market Overview” reveals that Furnace Carbon Black dominates the global volume market for Carbon Black by type, estimated at 12.9 million metric tons, valued at US$14.9 billion, in 2018, which is also expected to record the fastest CAGR of 5.5% between 2018 and 2024 and reach a projected 17.8 million metric tons, translated to US$20.8 billion, by 2024.

Carbon black becoming an integral component of high-performance coatings can be attributed to its superior properties, such as resistance to high wear & tear, ability to withstand adverse weather conditions and insulation features. Another trend being witnessed is a move towards “green” carbon black, which is obtained from end-of-life discarded tires through a process called pyrolysis. All these factors augur a steady positive growth in demand for carbon black.

global carbon black market

Automotive & Transportation sector is the principal global volume market for Carbon Black, which is estimated at 8.7 million metric tons in 2019 and is anticipated to post a 2018-2024 CAGR of 5.4% in reaching a projected 11.4 million metric tons, valued at US$13.2 billion, by 2024. Printing & Packaging sector is anticipated to be the fastest growing market for Carbon Black in terms of both volume and value.

This comprehensive market report reviews, analyses and projects the Carbon Black market for the period 2015-2024 in terms volume in metric tons and value in USD. Carbon Black types analyzed in this study include Acetylene Carbon Black, Furnace Carbon Black, Thermal Carbon Black and Other Carbon Blacks. The report further explores Furnace Carbon Black market by sub-type consisting of Carcass Grade Furnace Carbon Black and Tread Grade Furnace Carbon Black. The report explores Carbon Black market with respect to Carbon Black grades segmented in to Reinforced Grade, Semi-Reinforced Grade and Specialty Grade. Report studies the Carbon Black market by application comprising Tires, Non-Tire Rubber Products, Paints & Coatings, Plastics, Printing Inks & Toners and Other Applications. The report also analyzes the market for Carbon Black by end-use sectors including Automotive & Transportation, Building & Construction, Industrial, Printing & Packaging and Other End-Use Sectors.

The worldwide Carbon Black market is segmented, for the purpose of this study, in to five major regions namely North America, Europe, Asia-Pacific, South America and Rest of World. These regional markets further analyzed for 17 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Indonesia, Japan, South Korea and Thailand; and South America – Argentina and Brazil.

This 520 page global Carbon Black market report includes 651 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. This report profiles 16 key global players and 45 major players across the North America – 6; Europe – 7; Asia-Pacific – 28; South America – 2; and Rest of World – 2. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of Carbon Black. The global list of companies covers addresses, contact numbers and the website addresses of 202 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: http://industry-experts.com/verticals/chemicals-and-materials/carbon-black-a-global-market-overview

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08 Jan

Automotive Growth and Infrastructure Boom in Asia and South America Driving the Growth of Demand for Carbon Black to Reach 20 million MTs by 2022

Posted in Chemicals & Plastics, News on 08.01.16 by IE Admin

Industry Experts has today released the new market research report on carbon black. The new report Carbon Black – A Global Market Overview reveals that Asia-Pacific is estimated to be the largest market with 7.9 million metric tons and US$8.1 billion in 2016 respectively for volume consumption and market value. The region is also expected to be the fastest growing market with CAGRs for volume and value respectively 6.3% and 6.8% during 2016-2022 while South America closely follows with CAGRs of 5.3% and 5.5% for the same period.

Volume demand for carbon black has a direct association with the end use industries, with the automotive industry taking precedence, given that the largest quantity of this material is utilized by tires and other rubber products largely used in automobiles. Any volatility in the production of tires and, to a lower degree, mechanical rubber products has a corresponding effect on demand for carbon black. Tire production, in turn, is heavily reliant on automobile production, which has been posting steady growth over the past few years and is likely to continue doing so. However, the concept of tire retreading has its own pluses and minuses. While increase in retreading is apt to hit new tire production, the market for carbon black stands to gain since the material is used in both instances. Technological developments and innovative applications in these sectors will also be instrumental in fuelling demand for carbon black.

Other industries that make use of carbon black, albeit to a lesser extent, include plastics, printing inks and paints and coatings. Of these, plastics and paints and coatings are widely utilized by the construction sector, which has been posting steady to rapid growth depending upon the region. For instance, the mature markets of the developed world, such as North America and Western Europe are witnessing stagnation in their construction industries, while the emerging economies of Asia-Pacific, Latin America and Eastern Europe are flourishing construction hubs. Therefore, it goes without saying that demand for carbon black in the latter regions is bound to record faster growth than the former due to impetus in construction activity aimed at boosting infrastructure.

Worldwide market for Carbon Black application segments explored in this study includes Industrial Rubber Products, Paints & Coatings, Plastics, Printing Inks & Toners and Tires. The global markets for the above mentioned application segments are analyzed in terms of value in metric tons and value in USD. Global consumption of Carbon Black, estimated at 13.2 million metric tons valued at US$13.7 billion in 2015, is expected to reach 13.9 million metric tons equated to US$14.4 billion in 2016 and further forecast to maintain a CAGR of 5.6% between 2016 and 2022 to reach 19.2 million metric tons equalent of US$20.4 billion by 2022.

This report reviews, analyses and projects the Carbon Black market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 18 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Indonesia, Japan, Taiwan, Thailand, South Korea; South America – Argentina and Brazil.

This 328 page global market research report includes 240 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 21 key global players and 29 major players across North America – 5; Europe – 5; and Asia-Pacific – 19. The research also provides the listing of the companies engaged in manufacturing and supply of Carbon Black. The global list of companies covers addresses, contact numbers and the website addresses of 180 companies.

Hyderabad, India based Industry Experts is a multi industry focused business information provider.
For more details, please visit http://industry-experts.com/verticals/chemicals-and-materials/carbon-black-a-global-market-overview

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