Pune, Maharashtra -- (SBWIRE) -- 09/11/2018 -- Global Carbon Black Market Study Report 2018-2025
This market study describes the global Carbon black market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Turkey, China, Japan, India and South Korea.
The market is segmented mainly according to the applications in such as industry, rubber industry, paint industry, inks and dyes and plastics.
Purchase a Copy of this Report at:
https://www.industrydataanalytics.com/global-carbon-black-market-study-2014-2025-prismn00051-p.php
Top Leading Companies are: Phillips Carbon Black Limited, Thai Carbon Black Public Company Limited, China Synthetic Rubber Corporation, Mitsubishi Chemical Corporation, Orion Engineered Carbons S.A., Cabot Corporation, SID Richardson Carbon & Energy Co., Asahi Carbon Co Ltd, Omsk Carbon Group OOO, Jiangxi Black Cat Carbon Black Inc., Tokai Carbon Co., OCI Company Ltd., OJSC Kremenchug, Etc.
The report provides answers to the following key questions:
- How big is the Carbon Black market?
- How is the market evolving by demand, segment and region?
- What will the market size be in 2025 and at what rate will it grow?
- What trends, challenges and barriers are influencing its growth?
- Historical and future price trends for Carbon Black.
This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Carbon Black market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025.
Furthermore, the report provides a detailed analysis of the global Carbon Black market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
Get Exclusive Discount on this Report at:
https://www.industrydataanalytics.com/inquire-before-buy.php?gturl=global-carbon-black-market-study-2014-2025-prismn00051
Carbon black, produced from incomplete thermal decomposition of hydrocarbons, find it use in various end-use industries such as tyre, rubber, paints, inks and dyes and plastics. Majority of carbon black produced is consumed by tyre and rubber industries and thus, its growth is very closely related to growth of the automotive sector.
Asia is largest market for carbon black (specifically China) followed by Central & Eastern Europe. In term of consumption, China leads the volume growth followed by United States and Russia respectively. Russian market is profited by sufficient supply of raw materials for carbon black production, which allows it to export carbon black especially to other European countries. Japanese carbon black production is declining as tyre and rubber manufacturers are shifting to other countries due to flat market outlook of the country.
After China, India and other South East Asian countries are at advantage owing to the presence of natural rubber plants in the region. The manufacturing, product development and research & development activities in the automotive industry have shifted to Asian countries as this region has witnessed a growth on account of increasing disposable income and increase in standard of living. The region is also preferred for availability of skilled labor and low cost of manufacturing. Automotive manufacturers are also looking to shift towards greener cars as governments in developing countries are providing them with rebates on green vehicles
China is the world's largest domestic market for automotive buying 24.6 million units of automotive vehicles in 2015. China also produced 24.3 million units in 2015 with foreign brands dominating over 62% of the market share. China imported around 1.05 million vehicles suggesting that the most of vehicles manufactured in China were consumed in China, and only 755,500 units were exported to other countries. China exported less than 1% of the global vehicle demand, essentially making China a net consumer of automotive. The consumers in China have well accepted the electric versions of cars and the growth for these vehicles is projected to be in double digits. Chinese automakers are planning on global dominance in the hybrid vehicles sector. Government subsidies and incentives are encouraging the local players to shift production to electrical and hybrid vehicles. China recently became the largest market for electronic cars market. The industry is also open to foreign investments and has seen automotive giants like Volkswagen, Ford, Renault-Nissan invest in electric vehicles market in form of various joint ventures.
Asia, excluding Japan, will be the fastest-growing region in the world, followed by Central and Eastern Europe. China and India, in particular, will have the greatest gains, because of the continued expansion of their motor vehicle and tire industries. However, the growth forecast for China has slowed since the 2013Ð18 forecast to 4.9% average annual growth for 2016Ð21. During the forecast period china and India are expected to witness the highest capacity additions in the long-term forecast till 2025.
Reasons for Buying this Report
- Carbon Black report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future Outlook.
About Industrydataanalytics
Industrydataanalytics provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. Industrydataanalytics has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
+1 (704) 266-3234 | mail to: sales@industrydataanalytics.com