In accordance with this study, the Global Carbon Black Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026.
Carbon black is an elemental carbon which is in the form of fine or aggregate particles that are formed by incomplete combustion or decomposition of hydrocarbons under controlled temperature and pressure. Major types of carbon black are furnace black, thermal black, acetylene black, and gas black. Carbon black is used in a wide range of materials to enhance their performance in terms of physical, electric, and optical properties. Moreover, carbon black is extensively used in various formulations with different rubber types to customize the performance properties of tires.
The increasing demand for carbon black from the tire industry owing to its effect on mechanical and dynamic properties of tires is stimulating the market growth. Furthermore, increasing demand from the rubber industry as carbon black is majorly used as a filler to achieve reinforcing effects is boosting the market growth. However, the availability of substitute such as silica could hinder the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of carbon black.
The study offers a decisive view of the global carbon black market by segmenting it in terms of application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
- High Performance Coatings
This section covers carbon black market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global carbon black market along with the individual application segment across all the prominent region.
Global Carbon Black Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global carbon black market are Asahi Carbon Co. Ltd. , Atlas Organic Pvt. Ltd. , Birla Carbon , Bridgestone Corp. , Cabot Corp. , China Synthetic Rubber Corporation (CSRC) , Continental Carbon Co. , Himadri Companies & Industries Ltd. (HCIL) , Mitsubishi Chemicals , OCI Company Ltd. , OMSK Carbon Group , Orion Engineered Carbons Holdings GmbH, Ralson Goodluck Carbon , Sid Richardson Carbon & Energy Co. , Tokai Carbon Co. Ltd, and others. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.