As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global carbon black market is being driven by the growing carbon black market in the Asia Pacific region. The Asia Pacific is the leading region for carbon black, and the region accounts for around 50% of the world’s output of the substance. Europe, as well as North America, follow the Asia Pacific as the other leading markets. China is one of the largest markets in the Asia Pacific region. It is the leading producer of the substance, accounting for almost 45% of its global output. The United States and Western Europe are also major producers of the substance.
Europe’s carbon black market is one of the leading carbon black markets. The global carbon black output accounted for nearly 14 million metric tons in 2019, out of which around 2.13 million metric tons were produced exclusively in Europe, thereby driving to the global carbon black market. Germany is the largest importer of carbon black in Europe, while the Eastern European countries are the leading exporters of black carbon. The European carbon black market is experiencing a healthy growth due to the rising demand for carbon black from overseas markets, making Europe, in particular, Russia, a major exporter of the product. As carbon black is most commonly used as a rubber filler, the growing automotive and tyre industry in the area is further promoting the carbon black market.
In 2019, Orion Engineered Carbons S.A. (NYSE: OEC), a major player and a global supplier of specialty and high-performance black carbon, announced the expansion of its production capacity for Gas Blacks at its Cologne (Kalscheuren) plant located in Germany. Gas Blacks, the specialty grade of Orion for carbon black, has an excellent fineness that guarantees the deepest blackness required.
Market Breakup by Product, Grade, End-Use, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players included in the global black carbon market are Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A, Phillips Carbon Black Limited, Jiangxi Blackcat Carbon Black Inc., Tokai Carbon Co., Ltd., Longxing Chemical Industry Co., Ltd., Bridgestone Corporation, and Mitsubishi Chemical Holdings Corporation, among others. This comprehensive report by EMR covers the market share, capacity, and latest developments like mergers, acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.