Carbon Black Market Worth USD 28.05 Billion by 2022 – High Demand for Plastics & High Performance Coatings in Automotive Manufacturing – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets has announced the addition of the “Carbon Black Market Analysis By Application (Tires, High Performance Coatings, Plastics) And Segment Forecasts To 2022” report to their offering.
The global carbon black market is expected to reach USD 28.05 billion by 2022, according to this report. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period.
High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas.
Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future.
Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
- OJSC Kremenchug
- OMSK Carbon Group
- Sid Richardson Carbon & Energy Co.
- Tokai Carbon Co. Ltd.
- Asahi Carbon Co. Ltd.
- Ralson Goodluck Carbon
- Atlas Organic Pvt. Ltd.
- Continental Carbon Co.
- OCI Company Ltd.
- Birla Carbon
- Bridgestone Corp.
- Cabot Corp.
- China Synthetic Rubber Corporation (CSRC)
- Himadri Companies & Industries Ltd. (HCIL)
- Mitsubishi Chemicals
- Nippon Steel & Sumikin Chemical Co. Ltd.
- Jiangxi Black Cat Carbon Black Inc.
- Orion Engineered Carbons Holdings GmbH
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Carbon Black Industry Outlook
4 Carbon Black Application Outlook
5 Carbon Black Regional Outlook
6 Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/dnm782/carbon_black
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