Carbon Black Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023 - PowerPoint PPT Presentation

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Carbon Black Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023

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Global Carbon Black Market Information by Process Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black), Function (Reinforcement, Pigments), End Use (Tire, Non-tire, Paints & Coatings, Inks, Plastics, and others), and Region- Forecast to 2023 – PowerPoint PPT presentation

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Title: Carbon Black Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023


1
Carbon Black Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Carbon Black Market Research Report- Forecast to
2023
Carbon Black Market - Overview
Global Carbon Black Market research report
project that the Carbon Black Market is likely to
register a healthy CAGR of 4.59 during the
review period from 2017 to 2023 and is estimated
attain a market size of USD 17.23 billion by
value till 2023.The market is has witnessed yet
another significant year with robust growth
during 2016-2017 due to revived demand from the
major end-use industries such as tire, paints
coatings, and plastics. This growth trajectory is
primarily attributed to rising usage of carbon
black in tire manufacturing, widening application
scope of Carbon Black in plastics and paints
coatings, and increased demand from various
end-use industries such as automotive and
aerospace. The tire manufacturing application is
the largest consumer of the product, which has
been dominating the demand for the product from
the last few years. Major emerging countries in
Asia Pacific region are the major contributors to
the robust growth of the market such as China,
India, South Korea, and Brazil. This is mainly
attributed to the increasing investment in tire
and rubber making industry, and substantial
growth of the automotive and construction
industries. However, the market is challenged by
changing regulations resulting in replacement of
Carbon Black with silica as a reinforcing agent
in tire manufacturing. Nevertheless, bolstering
automotive aftermarket and construction sector in
emerging economies is posing as an important
opportunity for further growth of the market.
3
Carbon Black Market Research Report- Forecast to
2023
Segmental Analysis
MRFRs report offers a detailed segmental
analysis of the market based on Process Type,
Function, End-use and Region. By Process Type,
the market is segregated into furnace black,
channel black, thermal black, acetylene black,
and others. Among them, the furnace black segment
dominated the market with 81.14 share of the
market and is projected to retain its dominance
throughout the review period. By Function, the
market is divided into reinforcement and
pigments. In 2017, the reinforcement segment was
valued at USD 11,329.3 million and is projected
to maintain a healthy growth rate during the
forecast period. By End-use, the market is
bifurcated into tire, non-tire, paints
coatings, inks, plastics, and others. The tire
segment, among them, is estimated to remain
dominant towards the end of the assessment
period. View Full Report Description with TOC
https//www.marketresearchfuture.com/reports/carbo
n-black-market-4701

4
Carbon Black Market Research Report- Forecast to
2023
Regional Outlook
  • On the Basis of Region, the global market has
    been segmented into North America, Europe, Asia
    Pacific, the Middle East Africa, and Latin
    America. Asia Pacific accounted for the largest
    market share in 2017, and the region is most
    likely to remain dominant during the years to
    follow. This is due to the high demand for the
    product from leading end-use industries such as
    tire making, rubber, plastics, and ink in this
    region. Moreover, changing lifestyle, rising
    standards of living, and increasing disposable
    income have enhanced dynamism of major emerging
    economies in this region such as India, South
    Korea, China, and ASEAN countries. North America
    and Europe are expected to be other substantial
    growth pockets in the Global Carbon Black Market
    during the assessment period. Both the regions
    collectively account for over 35 share of the
    global market. The Middle East Africa and Latin
    America are also important regions in this
    market, which are growing at moderate CAGR and
    are expected to gain momentum during the forecast
    period.

5
Carbon Black Market Research Report- Forecast to
2023
Major Players in this Research
  • Carbon Black Market Prominent Players
  • Orion Engineered Carbons
  • Phillips Carbon Black Ltd.
  • Himadri Speciality Chemical Ltd.
  • Sid Richardson Carbon and Energy Co. Ltd.
  • Kremenchug Carbon Black Plant
  • Shijiazhuang Xinxing Chemical Carbon Co. Ltd.
  • Hebei Daguangming Juwuba Carbon Black Co. Ltd.
  • Suzhou Baohua Carbon Black Co., Ltd.
  • Jiangxi Black Cat Carbon Black Inc., Ltd

Request a sample of this Premium Report _at_
https//www.marketresearchfuture.com/sample_reques
t/4701
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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