Asia Pacific Carbon Black Market

Asia Pacific Carbon Black Market by Process Types (Gas Black, Furnace Black, Thermal Black, and Lamp Black), Applications (Plastics, Coatings, Tires & Industrial Rubber Products, Textile Fibers, Toners & Printing Inks, and Others), and Geography (India, Japan, China, South Korea, ASEAN Countries, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-2824
  • Author: Growth Market Reports
  • Rating: 4.2
  • Total Reviews: 3
  • No. Of Pages: 218
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The Asia Pacific carbon black market size is anticipated to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing market penetration of specialty black and growing application in fiber & textile industries.

Asia Pacific Carbon Black Market

Carbon black is a type of para crystalline carbon, which has 95% of pure carbon and improves the physical and mechanical properties of the material. Carbon black is basically utilized in production of plastics, printing inks, tires, toner, and mechanical rubber merchandise. It can absorb UV light and converts it into heat, subsequently, observes its significant application in protecting wires and cables. Besides, it is utilized in the development of a wide scope of elastic products and pigments.

Carbon black Is an element produced by the imperfect combustion of heavy petroleum products such as coal tar, vegetable matter, fluid catalytic cracking tar, or ethylene cracking tar. It has a high surface-area-to-volume ratio, which is lower than activated carbon. The outbreak of COVID-19 pandemic impacted the global carbon black market in terms of revenue loss and demand. In FY2020, the restrictions and lockdown negatively impacted the carbon black industry.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing application in plastics and coating industries, which is expected to drive the market growth.
  • Rapid growth in the rubber industry is anticipated to spur the growth of market.
  • Hazardous gas emissions during production can hinder the growth of the market.
  • Availability of substitutes can hamper the market growth.
  • Volatility in raw material prices and availability of acceptable quality of feedstock can create challenges for the market growth.
  • High demand and increasing requirement for UV protection and conductive properties in plastics are estimated to create lucrative opportunities during the projected timeline.

Scope of the Report

The Asia Pacific carbon black market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Asia Pacific Carbon Black Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Process Types (Gas Black, Furnace Black, Thermal Black, and Lamp Black), Applications (Plastics, Coatings, Tires & Industrial Rubber Products, Textile Fibers, Toners & Printing Inks, and Others)

Geographical Scope

India, Japan, China, South Korea, ASEAN Countries, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Mitsubishi Chemical Holdings Corporation; Imerys Graphite & Carbon; Cabot Corporation; Orion Engineered Carbons; and Birla Carbon

Asia Pacific Carbon Black Market Segment Insights

Furnace black segment to hold a major market share

In terms of process types, the market is categorized as gas black, furnace black, thermal black, and lamp black. The furnace black segment is projected to expand at a considerable CAGR during the forecast period. Furnace black method is used for mass manufacturing and has much improved yield as compared to other process types. Furnace black is manufactured by unfinished combustion of coal oil or petroleum oil using an oil furnace. It also permits the mass production of carbon black alongside various particle sizes and structures. Furnace black process has major application as reinforcing agent in rubber manufacturing.

Asia Pacific Carbon Black Market

Tires & industrial rubber products segment is anticipated to exhibit a high CAGR

Based on applications, the market is segregated into plastics, coatings, tires & industrial rubber products, textile fibers, toners & printing inks, and others. The tires & industrial rubber products segment is estimated to grow at a rapid pace in the projected timeline. Carbon dark is utilized in tires basically as a filler to improve its different attributes, for example, longevity, fuel economy, and tread wear. Carbon dark is primarily required in the internal liners, sidewalls, and bodies. It has heat-dissemination abilities when added to rubber mixtures.

Asia Pacific Carbon Black Market

China is anticipated to constitute a key market share

On the basis of geography, the Asia Pacific carbon black market is categorized as India, Japan, China, South Korea, ASEAN countries, and Rest of Asia Pacific. China is expected to constitute a key share of the market during the projected period due to the growing demand for carbon black from the automotive sector. Several factors such as volatile feedstock prices, rising labor costs, supply surpluses, tightening environmental regulations, and low capacity utilization rates along with increasing cost of tire manufacturing are driving the country’s market growth.

Asia Pacific Carbon Black Market

Segments

Segments Covered in the Report

The Asia Pacific carbon black market is segmented on the basis of:

Process Types

  • Gas Black
  • Furnace Black
  • Thermal Black
  • Lamp Black

Applications

  • Plastics
  • Coatings
  • Tires & Industrial Rubber Products
  • Textile Fibers
  • Toners & Printing Inks
  • Others

Geography

  • India
  • Japan
  • China
  • South Korea
  • ASEAN countries
  • Rest of Asia Pacific

Key Players

  • Mitsubishi Chemical Holdings Corporation
  • Imerys Graphite & Carbon
  • Cabot Corporation
  • Orion Engineered Carbons
  • Birla Carbon

Competitive Landscape

The key players competing in the carbon black market are Mitsubishi Chemical Holdings Corporation; Imerys Graphite & Carbon; Cabot Corporation; Orion Engineered Carbons; and Birla Carbon

Asia Pacific Carbon Black Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Carbon Black Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Carbon Black Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Carbon Black Market - Supply Chain
  4.5. Global Carbon Black Market Forecast
     4.5.1. Carbon Black Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Carbon Black Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Carbon Black Market Absolute $ Opportunity
5. Global Carbon Black Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Carbon Black Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Carbon Black Demand Share Forecast, 2019-2026
6. North America Carbon Black Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Carbon Black Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Carbon Black Demand Share Forecast, 2019-2026
7. Latin America Carbon Black Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Carbon Black Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Carbon Black Demand Share Forecast, 2019-2026
8. Europe Carbon Black Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Carbon Black Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Carbon Black Demand Share Forecast, 2019-2026
9. Asia Pacific Carbon Black Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Carbon Black Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Carbon Black Demand Share Forecast, 2019-2026
10. Middle East & Africa Carbon Black Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Carbon Black Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Carbon Black Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Carbon Black Market: Market Share Analysis
  11.2. Carbon Black Distributors and Customers
  11.3. Carbon Black Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The Asia Pacific carbon black market is segmented on the basis of:

Process Types

  • Gas Black
  • Furnace Black
  • Thermal Black
  • Lamp Black

Applications

  • Plastics
  • Coatings
  • Tires & Industrial Rubber Products
  • Textile Fibers
  • Toners & Printing Inks
  • Others

Geography

  • India
  • Japan
  • China
  • South Korea
  • ASEAN countries
  • Rest of Asia Pacific

Key Players

  • Mitsubishi Chemical Holdings Corporation
  • Imerys Graphite & Carbon
  • Cabot Corporation
  • Orion Engineered Carbons
  • Birla Carbon

The key players competing in the carbon black market are Mitsubishi Chemical Holdings Corporation; Imerys Graphite & Carbon; Cabot Corporation; Orion Engineered Carbons; and Birla Carbon

Asia Pacific Carbon Black Market

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