Report Description
The South America carbon black market size is expected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing penetration of carbon black in various industries including tires and plastics.
Carbon black is a type of para crystalline carbon that includes more than 94% of pure carbon and improves the material's physical and mechanical qualities. Tires, plastics, rubber items, printing inks, and toners are some of the carbon black's applications. It absorbs UV light and turns it to heat, thus it's commonly used to insulate wires and cables. It's mostly utilized in manufacturing of a variety of rubber products and colors. Carbon black is generally used as a low-cost rubber reinforcing agent in tires.
The breakout of COVID-19 has had caused several chemical production businesses to struggle in last two years. Raw material and demand have both had an influence on the carbon black business.
Market Trends, Drivers, Restraints, and Opportunities
- Rapid advancements in the chemical and automobile industries is expected to fuel market growth
- The growing paint and coating industries is estimated to propel the carbon black market forward during the forecast period,
- Variations in raw material prices, as well as an increase in the use of silica as a carbon black substitute can hamper market growth in the coming years.
- Increasing demand for carbon black in plastics is expected to offer new growth opportunities for the market.
Scope of South America Carbon Black Market Report
The report on the South America 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
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Details
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Report Title
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South America Carbon Black Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Process Types (Gas Black, Furnace Black, Lamp Black, and Thermal Black), Applications (Coatings, Textile Fibers, Tires & Industrial Rubber Products, Plastics, Toners & Printing Inks, and Others)
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Geographical Scope
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Brazil, Argentina, Colombia, Chile, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Mitsubishi Chemical Holdings Corporation; Orion Engineered Carbons; Birla Carbon; and Cabot Corporation
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South America Carbon Black Market Segment Insights
Based on process types, the market is divided into gas black, furnace black, lamp black, and thermal black. The lamp black segment is expected to grow at a rapid pace during the forecast period due to its use in wide variety of applications. On the other hand, the thermal black segment is anticipated to grow at a substantial rate in the projected timeline.
On the basis of applications, the market is segregated into coatings, textile fibers, tires & industrial rubber products, plastics, toners & printing inks, and others. The tires & industrial rubber products segment is projected to expand at a considerable CAGR during the forecast period.
Carbon black is generally used as a filler in tires to improve tread wear, fuel efficiency, and durability. Moreover, carbon black is mostly utilized as a filler in the rubber sector to create reinforcing effects such as modulus or tensile strength changes.
In terms of regions, the South America carbon black market is classified as Brazil, Argentina, Colombia, Chile, and Rest of South America. Brazil is expected to constitute a key share of the market during the projected period due to presence of large source of raw materials.
However, Argentina is anticipated to expand at a rapid pace during the forecast period owing to development of the construction industry. Moreover, increasing plastics and paints and coatings consumption is anticipated to boost carbon black market growth in this country throughout the projection period.
Segments
The South America carbon black market has been segmented on the basis of
Process Types
- Gas Black
- Furnace Black
- Lamp Black
- Thermal Black
Applications
- Coatings
- Textile Fibers
- Tires & Industrial Rubber Products
- Plastics
- Toners & Printing Inks
- Others
Regions
- Brazil
- Argentina
- Colombia
- Chile
- Rest of South America
Key Players
Competitive Landscape
The South America carbon black market is consolidated in nature. Key players competing in the South America carbon black market are Mitsubishi Chemical Holdings Corporation; Orion Engineered Carbons; Birla Carbon; and Cabot Corporation.
Table Of Content
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)