( PR4US.com | Press Release | 2018-07-18 20:37:44 )Ceresana
examined the global carbon black market already for the third time. “We expect a positive development of demand until 2025”, says Oliver Kutsch, CEO of the market research company: “Then, total consumption is likely to amount to over 15 million tonnes of carbon black.”
Highest Demand in Asia-Pacific
The industry in the region Asia-Pacific accounted for more than 62% of total global carbon black consumption in 2017. Due to above-average growth rates, its market share will increase to about 65% until 2025. In Asia, China is by far the major consumer of carbon black utilizing 4.7 million tonnes. Ceresana
forecasts another growth of Chinese demand for the years to come. The region accounting for the second highest carbon black demand in 2017 was North America, followed closely by Western Europe.
Globally Rising Production
Production of carbon black increases all over the world. The region Asia-Pacific is not only leader in consumption but also in production: More than 64% of the total amount of carbon black produced in 2017 was manufactured in this region. North America ranked second at a considerable distance, followed by Eastern Europe. Due to an increase in capacity of over 1.5 million tonnes, mainly in China and India, the region Asia-Pacific will continue to increase its production - presumably to more than 10 million tonnes in 2025.
No Tires Without Carbon Black
By far, the most important application area of carbon black are tires. They are mainly made of the rubber types SBR, BR, and natural rubber. A major part of carbon black demand is thus accounted for by these elastomer types. Around 9 million tonnes were processed in tires worldwide in 2017. Rubber products for industry and construction ranked second. Carbon Black is processed in a wide range of products that are used in the chemical industry, mechanical engineering, the construction industry as well as the electrical and electronics industry. Products include conveyor belts, roll coverings, tubes, profiles, seals, cables, moldings, and roofing foils. The use of Carbon Black as a black pigment in printing inks, plastics as well as paints and coatings currently represents only a small share of the total market volume.
The Study in Brief:
Chapter 1 provides a description and analysis of the global carbon black market - including forecasts up to 2025: The development of revenues, demand, production, and capacities is analyzed for each region.
Chapter 2 offers a detailed analysis of the carbon black market in the 21 major countries: Demand, revenues, production, carbon black manufacturers as well as import and export are evaluated. Demand will be analyzed in detail for the segments tires, rubber - automotive, rubber - industry and construction, rubber - others, plastics, printing inks, and paints and coatings.
Chapter 3 includes an in-depth analysis of sales markets and application areas of carbon black. Data on demand development are analyzed, split by Western Europe, Eastern Europe, North America, South America, Asia-Pacific, the Middle East and Africa.
Chapter 4 provides profiles of the largest manufacturers of carbon black - clearly arranged according to contact details, turnover, profit, product range, production sites, capacities, and profile summary. Detailed profiles are given for 70 manufacturers.
Further Information: www.ceresana.com/en/market-studies/chemicals/carbon-black/
is a leading international market research institute and consultancy company for chemicals, plastics, industrial goods, and packaging. The company has been providing more than 10,000 customers from trade and industry in 60 countries with up-to-date analyses for over 15 years. The services of Ceresana
for manufacturers, processors, and associations include implementation oriented consulting, customized single-client studies, and more than 100 market studies independent of the order.