Global Carbon Black N660 Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Carbon black N660 is black bead or granular or grain and amorphous solid, it is odorless with burning point more than 400°C, water insoluble, non-poisonous, stable chemical properties, excellent weather and light fastness.
Market Overview:The latest research study on the global Carbon Black N660 market finds that the global Carbon Black N660 market reached a value of USD 2737.68 million in 2022. It’s expected that the market will achieve USD 4471.84 million by 2028, exhibiting a CAGR of 8.52% during the forecast period.
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages.
For the Carbon Black N660 industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
Development of online sales model of Carbon Black N660
With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores, and Carbon Black N660 industry have joined in. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. Among online retailers, Amazon.com and eBay are the big sellers in the United States. The rapid development of the internet provides development conditions for the new online sales model of Carbon Black N660.
Competition in the industry is fierce
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Carbon Black N660 industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.
Threats of alternatives
Almost all rubber products with important tensile and wear properties use carbon black, so their color is black. When physical properties are important but colors other than black are needed, such as white tennis shoes, precipitated or fumed silica has replaced carbon black. The market share of silicon-based fillers in automobile tires is also increasing, because they provide a better balance between fuel efficiency and wet treatment, because of lower rolling loss. Traditional silica filler has worse wear performance, but the technology has been gradually improved to match the wear performance of carbon black.
Region Overview:Geographically, Asia Pacific held the largest market share – 48.93% in 2022.
Company Overview:Cabot Corporation is one of the major players operating in the Carbon Black N660 market, holding a share of 12.1% in 2023.
Cabot Corporation
Cabot Corporation is a leading global specialty chemical and performance materials company headquartered in Boston, Massachusetts.
BLACKCAT
BLACKCAT is a joint stock limited company established in July 2001 by Jingdezhen Black Cat Group, which takes carbon black as a comprehensive utilization product development under the background of related diversified development.
Segmentation Overview:By type, Purity 99% segment accounted for the largest share of market in 2022.
Application Overview:The market's largest segment by application is the segment Rubbers with a market share of 88.64% in 2022.
Key Companies in the global Carbon Black N660 market covered in Chapter 3:Birla Carbon
Orion (Evonik)
Baohua
BLACKCAT
Cabot Corporation
Mitsubishi
TOKAI
LongXing
CSRC
Omsk
PCBL
Liaobin
In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Black N660 market from 2018 to 2029 is primarily split into:Purity 99%
Purity 99% to 99.5%
Other
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Black N660 market from 2018 to 2029 covers:Pigments
Paints
Rubbers
Plastics
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)