Global Carbon Black Market Forecast and Opportunities, 2020 - Birla Carbon, Cabot Corporation and Orion Engineered Carbons Dominate the $25 Billion Industry
DUBLIN, June 23, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/nsw2tb/global_carbon) has announced the addition of the "Global Carbon Black Market Forecast and Opportunities, 2020" report to their offering.
The global carbon black market is expected surpass USD25 billion by 2020
Driven by rising demand from tyre industry, in addition to construction and manufacturing sectors which use carbon black to provide strength to industrial rubber compounds and other equipment. Global carbon black market is highly competitive, with all major players investing heavily in R&D to improve the quality of their product.
The three largest players in the market are Birla Carbon, Cabot Corporation and Orion Engineered Carbons. Region-wise, the market is dominated by Asia-Pacific, wherein majority of the demand emanates from emerging economies such as China and India, on account of expanding tyre manufacturing facilities and growth in construction sector. Asia-Pacific is anticipated to maintain its dominance in the market through 2020, with tyre manufacturers shifting production base to developing countries in the region.
Carbon black is a deep black colored powder with reinforcing, tinting and conductive properties which are utilized across various sectors. Tyre industry is the largest customer of carbon black, wherein it is used to improve strength and longevity of automotive tyres by increasing tensile strength and abrasion resistance. However, global carbon black market is witnessing increased penetration of specialty carbon black which provides sharp color and enhanced conductivity, viscosity and UV protection.
Increasing demand for specialty carbon black has prompted leading carbon black manufacturers to either increase their production capacity in the segment or convert the production line for standard carbon black to specialty carbon black. Increasing investment in tyre industry coupled with rising demand for specialty products is anticipated to propel growth in global carbon black market through 2020.
Global Carbon Black Market Forecast & Opportunities, 2020 report elaborates following aspects related to global carbon black market:
- Green Tyres
- Reducing Dependence on Carbon Black
- Expanding Carbon Black Market in Fibers
- Strategic Conversion of Production Lines
- Carbon Black: Alternative for Oil Dispersants
- Carbon Nano Tubes
- Utilization of Scrap Tyres
- Shift in Production Landscape
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. Global Carbon Black Market Overview
5. Global Carbon Black Market Outlook
6. Asia-Pacific Carbon Black Market Outlook
7. North America Carbon Black Market Outlook
8. South America Carbon Black Market Outlook
9. Europe Carbon Black Market Outlook
10. Middle East & Africa Market Outlook
11. Market Dynamics
12. Market Trends & Developments
13. Competitive Landscape
14. Strategic Recommendations
Companies Mentioned
- Birla Carbon
- Bridgestone Corporation
- Cabot Corporation
- China Synthetic Rubber Corporation
- Himadri Chemicals and Industries Limited
- Jiangxi Black Cat Carbon Black Inc., Ltd
- Longxing Chemical Stock Co, Ltd
- Mitsubishi Chemical Corporation
- Nigerian National Petroleum Corporation
- Nippon Steel & Sumikin Chemical
- OCI Company Ltd
- OJSC Kremenchug
- OMSK Carbon Group 000
- Orion Engineered Carbons
- Phillips Carbon Black Ltd
- Qingdao Evonik Chemicals Co. Ltd
- Shandong Huadong Rubber Materials
- Sid Richardson Carbon & Energy Co
- Suzhou Baohua Carbon Black
- Tokai Carbon Co. Ltd
For more information visit http://www.researchandmarkets.com/research/nsw2tb/global_carbon
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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