Carbon Black Market Release involving Global Key Players by WMR

Western Market Research has promoted its recent exclusive report on "Carbon Black Market Size And Forecast To 2025 " which is based on comprehensive research and supported by robust, carefully validated data, this 148 pages report will serve as a complete guide for organizations and governments across the globe aspiring to make a strategic move in strengthening their presence in the sector. It will also serve as a very insightful tool for those organizations seeking to deepen their knowledge in the sector.

Market Overview:
The global carbon black market was valued at USD 11.67 billion in 2016 and is projected to reach USD 17.35 billion by 2025, growing at a CAGR of 4.5% from 2017 to 2025. Carbon black is manufactured by incomplete combustion of heavy petroleum products such as coal tar, FCC tar, and ethylene cracking tar and in small quantities from vegetable oil. Their ability to spread on the surface and provide the much needed strength is expected to boost its application in tire and rubber applications.

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Rising consumption in plastics & coatings industry
1.2 Growth in rubber industry
2. Market Restraints
2.1 Volatility in raw material prices
2.2 Substitution with silica in tires

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Market Segmentation:
The global carbon black market is segmented on the basis of product, application, grade and region.
1. By Product:
1.1 Channel Black
1.2 Furnace Black
1.3 Thermal Black
1.4 Acetylene Black
1.5 Others

2. By Application:
2.1 Tire
2.2 Non-tire rubber
2.3 Plastics
2.4 Inks & Coatings
2.5 Others

3. By Application:
3.1 Standard Grade
3.2 Specialty Grade

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

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Competitive Landscape:
The major players in the market are as follows:
1. Thai Carbon Black Public Company Limited
2. Cabot Corporation
3. Orion Engineered Carbons S.A.
4. Phillips Carbon Black Limited
5. Toray Industries
6. Tokai Carbon Co., Ltd.
7. OMSK Carbon Group OOO
8. Jiangxi Black Cat Carbon Black Inc., Ltd.
9. OCI Company Ltd.
10. China Synthetic Rubber Corporation
11. Mitsubishi Chemical Corporation

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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