Chinese Carbon Black Market: Trends, Opportunities and Competitive Analysis
Chinese Carbon Black Market Trends and Forecast
The future of the Chinese carbon black market looks promising with opportunities in the transportation, industrial, building and construction, and printing and packaging market. The Chinese carbon black market is expected to reach an estimated $7.1 billion by 2027 with a CAGR of 6.6% from 2021 to 2027. The major drivers for this market are growing demand for carbon black from tire and industrial rubber compound.
Emerging Trends in the Chinese Carbon Black Market
Emerging trends, which have a direct impact on the dynamics of the industry, include shift from commodity to more specialized grade carbon black and increasing use of carbon black as pigment in lightweight auto parts to enhance the conductivity and UV protection properties.
A total of 62 figures / charts and 17 tables are provided in this 100-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the carbon black in textile market report, please download the report brochure.
Carbon Black in Textile Market by Segment
The study includes a forecast for the Chinese carbon black market by application and end use industry as follows:
Chinese Carbon Black Market by Application [Value ($M) and Volume (M lbs/Kilotons) shipment analysis for 2016 – 2027]:
- Tire
- Non-Tire Rubber
- Plastic
- Ink
- Coating
- Others
Carbon Black in Textile Market by End Use Industry [Value ($M) and Volume (M lbs/Kilotons) shipment analysis for 2016 – 2027]:
- Transportation
- Industrial
- Building and Construction
- Printing and Packaging
- Others
List of Chinese Carbon Black Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies Chinese carbon black companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Chinese carbon black companies profiled in this report include.
- Birla Carbon
- Orion Engineered Carbons
- Cabot Corporation
- Continental Carbon
Chinese Carbon Black Market Insight
- Lucintel predicts that the tire application is expected to remain the largest segment during the forecast period supported by continuously increasing fleet size of passenger cars and light commercial vehicles.
- The transportation industry is expected to remain the largest market by value and volume. Increasing demand for tire and other rubber molded parts are expected to spur growth for this segment over the forecast period
Features of Chinese Carbon Black Market
- Market Size Estimates:Chinese Carbon black market size estimation in terms of value ($M) and volume (Mlbs/kilotons)
- Trend and Forecast Analysis:Market trends (2016-2021) and forecast (2022-2027) by various segments.
- Segmentation Analysis:Market size by application and end use industry.
- Growth Opportunities:Analysis of growth opportunities in different application and end use industry for the Chinese carbon black market.
- Strategic Analysis:This includes M&A, new product development, and competitive landscape for the Chinese carbon black market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the Chinese carbon black market size?
Answer:The Chinese carbon black market is expected to reach an estimated $7.1 billion by 2027
Q2. What is the growth forecast for Chinese carbon black market?
Answer:The Chinese carbon black in textile market is expected to grow at a CAGR of 6.6% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the Chinese carbon black market?
Answer: The major drivers for this market are growing demand for carbon black from tire and industrial rubber compound.
Q4. What are the major applications or end use industries for Chinese carbon black?
Answer:Transportation is the major end use industries for Chinese carbon black.
Q5. What are the emerging trends in Chinese carbon black market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include shift from commodity to more specialized grade carbon black and increasing use of carbon black as pigment in lightweight auto parts to enhance the conductivity and UV protection properties.
Q6. Who are the key Chinese carbon black companies?
Answer:Some of the key Chinese carbon black companies are as follows:
- Birla Carbon
- Cabot Corporation
- Orion Engineered Carbons
- Continental Carbon
Q7.Which Chinese carbon black application segment will be the largest in future?
Answer: Lucintel predicts that the tire application is expected to remain the largest segment during the forecast period supported by continuously increasing fleet size of passenger cars and light commercial vehicles.
Q8. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the Chinese carbon black market by application (tire, non-tire rubber, plastic, ink, coating, and others) and end use industry (transportation, industrial, building and construction, printing and packaging, and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats to the market?
Q.5 What are the emerging trends in this market and the reasons behind them?
Q.6 What are the changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Q.8 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.10 What M & A activities have taken place in the last 5 years in this market?
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