Carbon Black Market Overview, Manufacturing Cost Structure Analysis, Growth Opportunities by 2030 Market Industry Reports (MIR) has published a new report titled “Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global carbon black market was valued at over US$ 14.0 Mn in 2018 and is anticipated to grow at a CAGR of 6.7% from 2019 to 2030. The market is driven by rising demand of tires owing to high demand from the automotive industry. Furthermore, rising demand from construction industry is another factor driving the market growth. Asia Pacific region offers huge market potential. Rise in production of tires is the major factor driving the market growth. The tire market is witnessing growth owing to growing automotive industry. Carbon black is use widely as reinforcement additive in tire manufacturing. It helps to enhance the tear-strength, resilience and conductivity and other physical properties of the product. Carbon black is use in tire components such as sidewalls, inner liners and treads. Worldwide, the automotive industry is recovering from the economic crisis. As the automotive industry is witnessing growth, the demand for tire is growing which in turn is driving the market for black carbon. Major Key Players of the Carbon Black Market are: Orion Engineered Carbon, Birla Carbon, Jiangxi Black Cat Carbon Black Co. Ltd, and Birla Carbon are the key players present in this market. Phillips Carbon Black Ltd, Evonik, China Synthetic Rubber Corporation and Nippon are other key players present in this market. Get sample copy of “Carbon Black Market” at: https://www.marketindustryreports.com/pdf/53 In 2018, Asia Pacific accounted for the major share of the market pie. It is projected to maintain its dominance throughout the forecast period. India and China are the driving force behind the growing Asia Pacific carbon black market. The market is witnessing growth owing to rapid industrialization, urbanization, growing automotive industry and infrastructural development. Furthermore, owing to low labor cost and favorable government policies, the major companies are shifting their tire manufacturing base in emerging economies such India, Vietnam and China. Moreover, rising foreign investments is another factor spurring the market growth.
Volatility in the prices of raw materials is the major factor hampering the market growth. Aromatics oil is used as a major feedstock’s in the production of carbon black which is a derivative of petrochemicals. Therefore, any fluctuation in the prices of raw material will directly impact the pricing of the final product. Owing to imbalance in supply and demand of crude oil the prices are fluctuating. This in turn is hampering the growth of the carbon black market. Major Applications of Carbon Black Market covered are: Rubber Plastics Coatings Printing Inks Construction & Others Research objectives:– To study and analyze the global Carbon Black consumption (value & volume) by key regions/countries, product type and application, history data. – To understand the structure of the Carbon Black market by identifying its various subsegments. – Focuses on the key global Carbon Black manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years. – To analyze the Carbon Black with respect to individual growth trends, future prospects, and their contribution to the total market. – To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). Go For Interesting Discount Here: https://www.marketindustryreports.com/discount/53 Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.5 Market by Application 1.6 Study Objectives 1.7 Years Considered
2 Global Growth Trends 2.1 Carbon Black Market Size 2.2 Carbon Black Growth Trends by Regions 2.3 Industry Trends 3 Market Share by Key Players 3.1 Carbon Black Market Size by Manufacturers 3.2 Carbon Black Key Players Head office and Area Served 3.3 Key Players Carbon Black Product/Solution/Service 3.4 Date of Enter into Carbon Black Market 3.5 Mergers & Acquisitions, Expansion Plans 4 Breakdown Data by Product 4.1 Global Carbon Black Sales by Product 4.2 Global Carbon Black Revenue by Product 4.3 Carbon Black Price by Product 5 Breakdown Data by End User 5.1 Overview 5.2 Global Carbon Black Breakdown Data by End User Have any query? Inquiry about report at: https://www.marketindustryreports.com/inquiry/53 In the end, Carbon Black industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis. About Market Industry ReportsMarket Industry Reports is a global leader in market measurement and advisory services, Market Industry Reports are at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research. We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving
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