Carbon Black Market Growth Trends, Driving Factors and Future Prospects 2023

1. Carbon Black Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2. Carbon Black Market Research Report- Forecast to 2023 Carbon Black Market -Overview Global Carbon Black Market research report project that the Carbon Black Market is likely to register a healthy CAGR of ~4.59% during the review period from 2017 to 2023 and is estimated attain a market size of USD 17.23 billion by value till 2023.The market is has witnessed yet another significant year with robust growth during 2016-2017 due to revived demand from the major end-use industries such as tire, paints & coatings, and plastics. This growth trajectory is primarily attributed to rising usage of carbon black in tire manufacturing, widening application scope of Carbon Black in plastics and paints & coatings, and increased demand from various end-use industries such as automotive and aerospace. The tire manufacturing application is the largest consumer of the product, which has been dominating the demand for the product from the last few years. Major emerging countries in Asia Pacific region are the major contributors to the robust growth of the market such as China, India, South Korea, and Brazil. This is mainly attributed to the increasing investment in tire and rubber making industry, and substantial growth of the automotive and construction industries. However, the market is challenged by changing regulations resulting in replacement of Carbon Black with silica as a reinforcing agent in tire manufacturing. Nevertheless, bolstering automotive aftermarket and construction sector in emerging economies is posing as an important opportunity for further growth of the market. www.marketresearchfuture.com

3. Carbon Black Market Research Report- Forecast to 2023 Segmental Analysis MRFR’s report offers a detailed segmental analysis of the market based on Process Type, Function, End-use and Region. By Process Type, the market is segregated into furnace black, channel black, thermal black, acetylene black, and others. Among them, the furnace black segment dominated the market with 81.14% share of the market and is projected to retain its dominance throughout the review period. By Function, the market is divided into reinforcement and pigments. In 2017, the reinforcement segment was valued at USD 11,329.3 million and is projected to maintain a healthy growth rate during the forecast period. By End-use, the market is bifurcated into tire, non-tire, paints & coatings, inks, plastics, and others. The tire segment, among them, is estimated to remain dominant towards the end of the assessment period. View Full Report Description with TOC: https://www.marketresearchfuture.com/reports/carbon-black-market-4701 www.marketresearchfuture.com

4. Carbon Black Market Research Report- Forecast to 2023 Regional Outlook On the Basis of Region, the global market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Asia Pacific accounted for the largest market share in 2017, and the region is most likely to remain dominant during the years to follow. This is due to the high demand for the product from leading end-use industries such as tire making, rubber, plastics, and ink in this region. Moreover, changing lifestyle, rising standards of living, and increasing disposable income have enhanced dynamism of major emerging economies in this region such as India, South Korea, China, and ASEAN countries. North America and Europe are expected to be other substantial growth pockets in the Global Carbon Black Market during the assessment period. Both the regions collectively account for over 35% share of the global market. The Middle East & Africa and Latin America are also important regions in this market, which are growing at moderate CAGR and are expected to gain momentum during the forecast period. www.marketresearchfuture.com

5. Carbon Black Market Research Report- Forecast to 2023 Major Players in this Research Carbon Black Market Prominent Players: • Orion Engineered Carbons • Phillips Carbon Black Ltd. • HimadriSpeciality Chemical Ltd. • Sid Richardson Carbon and Energy Co. Ltd. • Kremenchug Carbon Black Plant • Shijiazhuang Xinxing Chemical Carbon Co. Ltd. • HebeiDaguangmingJuwuba Carbon Black Co. Ltd. • Suzhou Baohua Carbon Black Co., Ltd. • Jiangxi Black Cat Carbon Black Inc., Ltd Request a sample of this Premium Report @ https://www.marketresearchfuture.com/sample_request/4701 www.marketresearchfuture.com

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