Asia Pacific Carbon Black Market value and growth:
Asia Pacific Carbon Black Market size was about USD xx Billion in 2020. It is expected to raise at a CAGR of 4.23% to develop to around USD xx Billion by 2025.
Asia Pacific Carbon Black Market overview:
Carbon Black is a fast-growing market, which is majorly driven by the demand from tire industries in emerging economies like China, India and South Korea. The Asia Pacific Carbon Black market is anticipated to grow at a CAGR of approximately 4.23% CAGR during the forecast period.
Asia Pacific Carbon Black Market segmentation:
On the basis of type, the market is separated into Furnace Black, Gas Black, Lamp Black, and Thermal Black based on type. Of the mentioned types, the Furnace Black segment is anticipated to account for the largest share in the Asia Pacific Carbon Black market. Manufacturers in this region mostly use furnace black for the production of Carbon Black. It is also used as a pigment in coatings and polymers, inks, paints, and as a filler in industrial rubber products which are the other factors driving the growth of the segment.
Based on its application, the market is segmented into Tires and Industrial Rubber Products, Plastics, Toners and Printing Inks, Paints & Coatings, Textile Fibers, and Others. Among the mentioned applications, the Tire Industry is calculated to be the application with the fastest growth rate in the Asia Pacific during the forecast period. Technological advancements and the rising demand for lightweight and electronic automotive vehicles is leading to increased demand for carbon black. This segment is currently leading the Carbon Black market and is anticipated to lead the market during the forecast period.
Asia Pacific Carbon Black Market geographical analysis:
By geography, the Asia Pacific Carbon Black Market is segmented as China, India, Japan, South Korea, ASEAN Countries and Rest of Asia Pacific region. China is leading the regional market both in terms of value and volume. The situation of increasing demand from the automotive sector is the leading cause of China’s dominance over the Asia Pacific Carbon Black market. Also, the application of carbon black in tire industry accounts for the largest share in China, which is the other primary reason for its dominance. Future opportunities due to the fast industrialization and urbanization mainly in countries like India, Japan, and China can create more value in the Asia Pacific Carbon Black market.
Asia Pacific Carbon Black Market key players:
Major companies plying their trade in the Asia Pacific Carbon Black Market include Cabot Corporation, Birla Carbon, Orion Engineered Carbon, Sid Richardson Carbon and Energy Ltd, Bridgestone Corporation, China Synthetic Rubber Corporation, Columbian Chemicals Co., Evonik Industries AG, Phillips Carbon Black Ltd., and Tokai Carbon Co. Ltd. There is a constant competition between these companies regarding the pricing and quality of the product. They are currently focused on providing expansion strategies to improve their market value and position.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Consumables
5.1.3 Software
5.1.4 Services
5.1.5 Thermal Black
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Tires and Industrial Rubber Products
5.2.3 Plastics
5.2.4 Tonners and Printing Inks
5.2.5 Paints & Coatings
5.2.6 Textile Fibers
5.2.7 Others
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.4 Market Attractiveness Analysis
6.1.5 Market Share Analysis
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Cabot Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Orion Engineered Carbon
8.3 Tokai Carbon Co.
8.4 Mitsubishi Chemical Holdings Corporation
8.5 Bridgestone Corporation
8.6 Aastrom Biosciences
8.7 Celgene Corporation
8.8 Invitrogen
8.9 Cytori Therapeutics
8.10 Retractable Technologies
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
