Rising product usage in the production of plastics is anticipated to drive the global market over the forecast period Birla Carbon | 17,589 followers on LinkedIn. Furthermore, in coatings, carbon black is used as a light-absorbing additive to counteract chemical degradation reactions.Therefore, considering the aforementioned factors, the demand for carbon black is expected to rise from the tires and industrial rubber products segment moderately during the forecast period.China to Dominate the Market in Asia-Pacific RegionChina remained the largest producer of tires in the world in 2017 with the production of over one third of the global tire production. "When oil was $100 a barrel, you could import carbon black competitively," he said. Speak to the team. The country's overall paints and coatings consumption accounted for over 12.3 million kilo metric ton in 2017, which is about 25% of the global paints and coatings market. Birla Carbon is the world's largest producer of carbon black & a flagship business of the US$48.3 Bn. Phone Number. With the increase in production of tires, the demand for consumption of carbon black is also expected to increase in China.China is also the largest producer and consumer of paints and coatings, across the world. China also stood as the world's largest exporter of tires in terms of revenue with the total exports of USD 14.2 billion in 2017. In rubber-based adhesives, sealants, and coatings, it is used to enhance the intermolecular or cohesive forces of the product and to impart conductivity. Last Name. Company. In 2017, the Chinese tire production increased by about 5.4% Y-o-Y over 2016, reaching a total of 926 million units.The demand for tires has also been witnessed from the Chinese automotive sector. "The price of oil is the X factor of what will happen in the future." It is used in various formulations with different rubber types to customize the performance properties of tires.Increasing requirement for UV protection and conductive properties in plastics is likely to act as an opportunity in the future.Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China and India.Key Market TrendsIncreasing Application for Tires and Industrial Rubber ProductsCarbon black is used in the tires of automotive vehicles. Country. Carbon black is one of the reinforces that frequently used in tire industry owing to its effect on mechanical and dynamic properties of tires. Birla Carbon | 17,589 followers on LinkedIn. Other than tires, it is also required for various molded and extruded industrial rubber products, such as conveyor belts, gaskets, air springs, grommets, vibration isolation devices, and hoses. Recovered Carbon Black Congress. C'mon, China-US-India-Russia-Japan, control your emission! https://www.spendedge.com/blogs/leading-carbon-black-manufacturers-world China is also the world's largest exporter of black carbon. It is used as a filler as well as a strengthening reinforcing agent.Carbon black is mainly required in the inner liners, sidewalls, and carcasses. The market for carbon black is expected to grow at a CAGR of 4.36% during the forecast period of 2019 - 2024Major factors driving the market studied are increasing demand from the tire industry in North America and Asia-Pacific and increasing market penetration of specialty carbon black. CARBON BLACK is a powdered form of carbon processed from heavy petroleum, such as tar. © 2020 GlobeNewswire, Inc. All Rights Reserved. Meanwhile, changes in the domestic tire manufacturing industry are putting new pressures on carbon black producers… These are the top 10 producers of CO2 emissions worldwide in 2016 (likely, 2017 as well), based on their share of global CO2 emissions. China rank top in the list of most exporting carbon black countries and did export sales of USD 502 million in 2016 which represented 15.9% of the world’s output. Carbon Black World is heading back to the United States to bring together the entire carbon black supply chain including feedstock producers, carbon black manufacturers, equipment solution providers and tire and pigment end-users from around the globe. . Dublin, April 26, 2019 (GLOBE NEWSWIRE) -- The "Carbon Black Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. First Name . It is used in various formulations with different rubber types to customize the performance properties of tires. "Carbon Black Market - Growth, Trends, and Forecast (2019 - 2024)", https://www.researchandmarkets.com/r/vsq263. Title. It provides flex strength in such products.In the rubber industry, carbon black is majorly used as a filler to achieve reinforcing effects, such as altering the modulus or tensile strength. Recovered Carbon Black Congress Smithers' Recovered Carbon Black Congress is a must-attend event for professionals working within this exciting industry. According to carbon black export data, around 100 countries are exporting carbon black to the world. This is an “anti-rating”: being the first on this list is bad. The global carbon black market size was estimated at USD 17.22 billion in 2018 and is projected to expand at a CAGR of 6.0% from 2019 to 2025. The major companies for the carbon black market include Birla Carbon, Orion Engineered Carbon, Cabot Corporation, Jiangxi Black Cat Carbon Black Co. Ltd, and China Synthetic Rubber Corporation.Key Topics Covered: 1 INTRODUCTION2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Drivers4.1.1 Increasing Demand from the Tire Industry in North America and Asia-Pacific4.1.2 Growth in the Construction Sector4.1.3 Increasing Market Penetration of Specialty Carbon Black4.2 Restraints4.2.1 Substitution by Silica4.2.2 Environmental Concerns Associated with the Manufacturing of Carbon Black4.3 Industry Value-Chain Analysis4.4 Porter's Five Forces Analysis4.5 Trade Analysis5 MARKET SEGMENTATION5.1 Process Type5.1.1 Furnace Black5.1.2 Gas Black5.1.3 Lamp Black5.1.4 Thermal Black5.2 Application5.2.1 Tire and Industrial Rubber Product5.2.2 Plastic5.2.2.1 Film and Sheet5.2.2.2 Pressure Pipe5.2.2.3 Molded Parts5.2.3 Toner and Printing Ink5.2.4 Paints and Coatings5.2.5 Textile Fiber5.2.5.1 Polyester5.2.5.2 Nylon5.2.5.3 Acrylic5.2.6 Other Applications5.3 Geography6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share Analysis6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 Asahi Carbon Co. Ltd6.4.2 Birla Carbon (Aditya Birla Group)6.4.3 Cabot Corporation6.4.4 Tokai Carbon Co. Ltd6.4.5 China Synthetic Rubber Corporation (CSRC)6.4.6 Abu Dhabi National Oil Company (ADNOC)6.4.7 Himadri Chemicals and Industries Ltd6.4.8 Imerys Graphite and Carbon6.4.9 Jiangxi Black Cat Carbon Black Co. Ltd6.4.10 Longxing Chemical Stock Co. Ltd6.4.11 Mitsubishi Chemical Holdings Corporation6.4.12 Nigerian National Petroleum Corporation (NNPC)6.4.13 Nippon Steel Carbon Co. Ltd6.4.14 OCI Company Ltd6.4.15 OMSK Carbon Group6.4.16 Orion Engineered Carbons SA6.4.17 Phillips Carbon Black Ltd7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Increasing Requirement for UV Protection and Conductive Properties in Plastics7.2 Growing Investments on Infrastructure in North America For more information about this report visit https://www.researchandmarkets.com/r/vsq263. Global exports of carbon black amounted to USD 3166 million during 2016 and growth is also declined by 14% during 2015-16. Email Address. It also improves handling, tread wear, fuel mileage, as well as provides abrasion resistance.Carbon black is one of the most important industrial chemicals manufactured globally. It has heat-dissipation capabilities when added to rubber compounds. The booming construction, automotive, and industrial sectors are likely to propel the market of paints and coatings, which, in turn, is expected to drive the carbon black market, during the forecast period.Competitive LandscapeThe carbon black market is consolidated. Sign up today for your free Reader Account. Birla Carbon is the world's largest producer of carbon black & a flagship business of the US$48.3 Bn. China has remained the largest automotive manufacturer in the world since 2009, with the current share of production over 29%.China also stood as the world's largest exporter of tires in terms of revenue with the total exports of USD 14.2 billion in 2017.
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