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 Latin America carbon black market attained a production volume of almost 0.7 million metric tons in 2020. It is expected to grow further in the forecast period of 2021-2026 and will aid the growth of the global industry. The global market is projected to grow at a CAGR of 4.4% between 2021 and 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Although the share of Latin America in the industry is comparatively smaller as compared to Asia Pacific, Europe, and North America, the industry is expected to grow at a steady pace in the coming years driven by the region’s recovering automobiles industry. The region also exports significant quantities of low-cost carbon black from China to meet the rising local demand. Brazil, especially, is a growing market for the substance due to its thriving automobiles industry. The expanding plastic and rubber industries in the industry is also propelling the market forward. Mexico is another significant market in the Latin American region.
Globally, carbon black finds its leading use in the rubber industry finding application as a reinforcing filler. Tyre industry, especially, accounts for the majority of the applications of the material. The increasing ownership of automobiles globally is aiding the industry growth with the rising need for tyres. Its growing application in the printing, manufacturing, and construction sectors is also adding impetus to the industry growth. With companies investing heavily into several R & D undertakings, the global market is expected to be propelled forward with the addition of new end-uses due to technological advancements. In the forecast period, the industry is expected to be driven by emerging countries with growing economies and rising investments by major companies.
Carbon black is made of fine black amorphous carbon particles derived from the incomplete combustion of substances like petroleum or natural gas. Its various product types are specialty, lamp, channel, acetylene, furnace, gas, commodity, and thermal black, among others. It can be divided into grades as:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Its application is determined by its various properties like particle size, structure, surface chemistry, physical form, and porosity. The substance is commonly used in tyres, as colouring agents in inks, and as an electric conductive agent in high technology materials. Thus, it finds its applications in sectors like:
The report gives an analysis of the regional markets in the Latin American region like Brazil, Argentina, Colombia, and Mexico.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Latin America carbon black market will be driven by the rising infrastructural activities within the region with the substance finding applications in paints, sealants, adhesives, and coatings. Aided by government schemes, Argentina is witnessing a growth in its infrastructural development like the rise in the number of social housing. In Colombia, the infrastructure sector is expected to see up to USD 25 billion worth of investments by 2026.
Carbon black finds extensive application in the automotive sector where it is used in parts like tyres, tubes, hoses and other miscellaneous parts. With the automotive industry projected to see a healthy growth within the Latin America region, the market will find further impetus for its growth in the coming years. Brazil and Mexico are the largest automobiles producers in the Latin America. The two countries account for nearly 70% of the vehicles in the region. The Brazil automobiles industry is recovering from the economic downturn of 2016. In 2017, the registration of new vehicles witnessed a hike of 9.2% as compared to 2016, with nearly 2.17 million new vehicles registered in the country. Brazil’s automobile market is driven by the rising domestic demand for vehicles. Mexico has the second largest fleet of automobiles with 41.7 million cars, and its automobile industry is being driven by its proximity to a leading market like the US. The automobile industry is expected to see a further growth post the finalisation of the NAFTA negotiations with the US.
The Latin America carbon black market is also being aided by the growing applications in sectors like printing, ink, and plastic. The plastic industry in the region is being driven by the rising packaging industry. The printing industry is also emerging as a major end-use sector with rising applications of carbon black in publishing printing, print packaging, and commercial printing. The print packaging segment is expected to be worth USD 7.4 billion by 2021.
The report gives a detailed insight into the following key players in the Latin America carbon black market, looking into their competitive landscape, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions:
The EMR report gives an in-depth insight into the manufacturing process and assesses the market based on Porter’s Five Forces model. The comprehensive report also provides an overview of the other global markets like North America, Asia Pacific, Europe, and Middle East and Africa. It offers a SWOT analysis of the industry as well.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Carbon Black Market Outlook
5 Global Carbon Black Market
5.1 Global Carbon Black Market Analysis
5.1.1 Figure: Historical Market (2016-2020) & Forecast (2021-2026)
5.1.2 Chart: Breakup by Product
126.96.36.199 Specialty Carbon Black
188.8.131.52 Lamp Black
184.108.40.206 Channel Black
220.127.116.11 Acetylene Black
18.104.22.168 Furnace Black
22.214.171.124 Gas Black
126.96.36.199 Commodity Carbon black
188.8.131.52 Thermal Black
5.1.3 Figure: Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
184.108.40.206 Specialty Carbon Black
220.127.116.11 Lamp Black
18.104.22.168 Channel Black
22.214.171.124 Acetylene Black
126.96.36.199 Furnace Black
188.8.131.52 Gas Black
184.108.40.206 Commodity Carbon black
220.127.116.11 Thermal Black
5.1.4 Chart: Breakup by Grade
18.104.22.168 Specialty Grade
22.214.171.124 Standard Grade
5.1.5 Figure: Breakup by Grade: Historical Market (2016-2020) & Forecast (2021-2026)
126.96.36.199 Specialty Grade
188.8.131.52 Standard Grade
5.1.6 Chart: Breakup by End Use
184.108.40.206 Printing & packaging
220.127.116.11 Building & construction
5.1.7 Figure: Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
18.104.22.168 Printing & packaging
22.214.171.124 Building & construction
5.1.8 Chart: Breakup by Region
126.96.36.199 North America
188.8.131.52 Asia Pacific
184.108.40.206 Latin America
220.127.116.11 Middle East & Africa
5.1.9 Figure: Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East & Africa
6 Latin America Carbon Black Market
6.1 Latin America Carbon Black Market Analysis
6.1.1 Figure: Latin America Carbon Black Historical Market (2016-2020) & Forecast (2021-2026)
6.1.2 Chart: Breakup by Product
184.108.40.206 Specialty Carbon Black
220.127.116.11 Lamp Black
18.104.22.168 Channel Black
22.214.171.124 Acetylene Black
126.96.36.199 Furnace Black
188.8.131.52 Gas Black
184.108.40.206 Commodity Carbon black
220.127.116.11 Thermal Black
6.1.3 Figure: Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
18.104.22.168 Specialty Carbon black
22.214.171.124 Lamp black
126.96.36.199 Channel Black
188.8.131.52 Acetylene Black
184.108.40.206 Furnace Black
220.127.116.11 Gas Black
18.104.22.168 Commodity Carbon black
22.214.171.124 Thermal Black
6.1.4 Chart: Breakup by Grade
126.96.36.199 Specialty Grade
188.8.131.52 Standard Grade
6.1.5 Figure: Breakup by Grade: Historical Market (2016-2020) & Forecast (2021-2026)
184.108.40.206 Specialty Grade
220.127.116.11 Standard Grade
6.1.6 Chart: Breakup by End Use
18.104.22.168 Printing & packaging
22.214.171.124 Building & construction
6.1.7 Figure: Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
126.96.36.199 Printing & packaging
188.8.131.52 Building & construction
6.1.8 Chart: Breakup by Country
6.1.9 Figure: Breakup by Country: Historical Market (2016-2020) & Forecast (2021-2026)
6.2 SWOT Analysis
6.3 Value Chain Analysis
6.4 Porter’s Five Forces Analysis
6.4.2 Buyer’s Power
6.4.3 Supplier’s Power
6.4.4 New Entrants
6.4.5 Degree of Rivalry
6.5 Global (HS Code-2803) Trade Analysis (2020)
6.5.1 Major Exporting Countries by Value & Volume
6.5.2 Major Importing Countries by Value & Volume
6.6 Latin America Carbon Black Price Analysis
6.6.1 Brazil Historical Price Trends (2016-2020) & Forecast (2021-2026)
6.6.2 Argentina Historical Price Trends (2016-2020) & Forecast (2021-2026)
6.6.3 Colombia Historical Price Trends (2016-2020) & Forecast (2021-2026)
6.6.4 Mexico Historical Price Trends (2016-2020) & Forecast (2021-2026)
7 Manufacturing Process
7.1 Detailed Process Flow
7.2 Operations Involved
7.3 Mass Balance
8 Cost Analysis
8.1 Land, Location and Site Development
8.3 Plant Machinery
8.4 Cost of Raw Material
8.9 Other Capital Investment
9 Competitive Landscape & Supplier Analysis
9.1 Birla Carbon
9.2 Cabot Corporation
9.3 Continental Carbon Company
9.4 Orion Engineered Carbons S.A.
9.5 Polimix Ambiental
10 Industry Events and Developments
The Latin America carbon black market attained a volume of nearly 0.7 million metric tons in 2020. The global carbon black market is expected to drive the Latin America market and is projected to witness a growth at a CAGR of 4.4% in the forecast period of 2021-2026.
EMR’s meticulous research methodology delves deep into the Latin America carbon black market, covering the macro and micro aspects of the industry. Based on its product types, the Latin America carbon black market can be segmented into specialty, lamp, channel, acetylene, furnace, gas, commodity, and thermal black, among others. Specialty grade, standard grade, N330, N550, N660, N220, and N990 are the various grades of carbon black available in the market. On the basis of application, the transportation sector is a major segment in the market. The major countries in Latin America carbon black market are Brazil, Argentina, Colombia, and Mexico, with Brazil accounting for a significant share of the market. The key players in the above market include Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A., and Polimix Ambiental.
The major drivers of the market such as rising disposable incomes, increasing population and growing infrastructural activities along with the growth of the applications sectors like transportation, printing, and packaging are expected to aid the market growth. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:
Single User License
Five User License
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.