Carbon Black Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation transcript:

Carbon Black Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Tire rubber, non-tire rubber, plastic, ink, coating, and others Market Segments by End Use Industry Transportation, industrial, building and construction, printing and packaging, and others Market Segments by Grade Commodity carbon black and specialty carbon black Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Birla Carbon, Cabot Corporation, China Synthetic Rubber (CSR), Orion Engineered Carbons Holdings, OMSK Carbon Group, Tokai Carbon, Philips Carbon Black, and Sid Richardson Carbon & Energy Trend Growth Rate and CAGR6.6% Key Industry Forecast The carbon black market is expected to reach an estimated $24.8 billion by 2024 with a CAGR of 6.6% from 2019 to Key Industry DriverDriver: Increasing tire production and growth in plastic and coating market. 2

Industry Overview Market Size The carbon black market is expected to reach an estimated $24.8 billion by 2024 with a CAGR of 6.6% from 2019 to Emerging trends, which have a direct impact on the dynamics of the industry, include growing usage of recycled and bio-based carbon black and a shifting focus from commodities to more specialized grades of carbon black. Market Size (2024)$24.8 billion CAGR ( )6.6% 3 Industry Performance : Forecast