Press release
Carbon Black Market reached a value of US $ 28.5 Bn. in 2020. China Semiconductor Market size is estimated to grow at a CAGR of 5%.
Carbon Black Market Report Scope and Research Methodology :Maximize Market Research Pvt Ltd's report offers market participants a comprehensive understanding of the carbon black market by examining past, present, and expected future developments. The report provides a clear analysis of complex data and includes insights from new entrants, market leaders, and followers. It also incorporates microeconomic elements' prospective outcomes and the results of PORTER and PESTEL assessments to help decision-makers anticipate the market's future trajectory.
The report includes market segmentation analysis and market size forecasts, serving as a valuable buyer's guide by offering a detailed comparative analysis of top carbon black firms based on price, financial situation, product portfolio, growth strategies, and geographical presence.
Maximize Market Research Pvt Ltd collected data on the revenues of major suppliers to assess and forecast the Carbon Black Market. Market segmentation was done based on type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others), grade (Standard Grade, Specialty Grade), and application (Tire, Non-Tire Rubber, Inks & Coating, Plastics, Others). In-depth interviews with key industry figures were conducted to confirm these divisions through primary research.
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Carbon Black Market Dynamics:
The rubber industry's explosive expansion is driving the market's growth. The rubber industry is expanding swiftly as a result of increased demand from the building, consumer products, electronics, automotive, and rubber industries. The manufacture of wires and cables, tyres, hoses, air springs, windows and doors, belts, and gaskets all strongly rely on rubber products. To reinforce and enhance the physical qualities of rubber composites, carbon black is virtually usually utilised as a filler. Additionally, it supports rubber's volume and vulcanization.
The rapid growth of the rubber industry, driven by demand from construction, consumer goods, electronics, automotive, and rubber sectors, fuels market growth. Carbon black serves as a crucial filler in rubber compounds, enhancing their physical properties, volume, vulcanization, and durability, particularly in tires. Rising product adoption and the explosive growth of the tire industry are expected to drive the rubber products market during the forecast period.
Carbon Black Market Regional Insights:
In 2021, the Asia Pacific region led the global carbon black market, with China dominating both capacity and production. Any demand-supply imbalance in China may affect domestic players. China primarily uses the Carbon Black Oil (CBO)/Coal Tar pathway for production, with plant closures due to stringent environmental policies leading to increased carbon black prices.
China accounts for nearly 35% of the world's total carbon black production capacity and is the largest exporter of carbon black. North America is witnessing market growth, driven by increased usage of furnace black and specialized grades in various applications, including ink and coating.
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Carbon Black Market Segmentation:
by Type
Furnace Black
Channel Black
Thermal Black
Acetylene Black
Others
by Grade
Standard Grade
Specialty Grade
by Application
Tire
Non- Tire Rubber
Inks & Coating
Plastics
Others
Carbon Black Market Key Players:
1. Cabot Corporation
2. Thai Carbon Black Public Company Limited
3. Orion Engineered Carbons SA
4. Phillips Carbon Black Limited
5. Tokai Carbon Co., Ltd.
6. Omsk Carbon Group
7. Jiangxi Black Cat Carbon Black Inc., Ltd.
8. OCI Company Ltd.
9. China Synthetic Rubber Corporation
10. Sid Richardson Carbon & Energy Co.
11. Mitsubishi Chemical Corporation
12. Yunan Yunwei Feihu Chemicals
13. Qujin Zongyi Chemicals
14. Shandong Best Chemicals
15. Liaobin Carbon Black
16. Shanxi Yongdong Chemicals
17. Shanxi Anlun Chemicals
18. Shanxi Sanqiang New Energy Technology Co. Ltd.
19. Longxing Chemicals
20. CSRC Group
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Table of content for the Carbon Black Market includes:
1. Global Carbon Black Market : Research Methodology
2. Global Carbon Black Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Carbon Black Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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