The value of this market is approximately $12.9-$13 billion. Commerce Policy | Stock quotes by finanzen.net. The global demand for carbon black was 12.625 million tons in 2016, mainly for application as reinforcing fillers in tires, automotive non-tire and general rubber products. China has remained the largest automotive manufacturer in the world since 2009, with the current share of production over 29%.China also stood as the world's largest exporter of tires in terms of revenue with the total exports of USD 14.2 billion in 2017. It is used as a filler as well as a strengthening reinforcing agent.Carbon black is mainly required in the inner liners, sidewalls, and carcasses. Birla Carbon is the world's leading sustainable manufacturer and supplier of carbon black additives. For import export business, Asia Pacific is divided into two groups i.e. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. It provides flex strength in such products.In the rubber industry, carbon black is majorly used as a filler to achieve reinforcing effects, such as altering the modulus or tensile strength. Asia-Pacific represents the largest market for carbon black in the world, with a strong hold of 37% share, ... Asia-Pacific is anticipated to maintain its dominance in the market through 2020, with tyre manufacturers shifting production base to developing countries in the region. … the world’s largest manufacturer of coconut shell-based activated carbon, with over double the capacity of any other manufacturer. It also improves handling, tread wear, fuel mileage, as well as provides abrasion resistance.Carbon black is one of the most important industrial chemicals manufactured globally. Birla Carbon is one of the world's largest manufacturers and suppliers of high quality Carbon Black and a flagship business of Aditya Birla Group. BIRLA CARBON High Quality. Other smaller markets include paints and coatings, printing inks and toners and plastics. 1 World Carbon Black Supply & Demand.....36 2 World Carbon Black Production Capacity by Region, Year-End 2008 .....38 (continued on following page) List of Tables/Charts. Profiles of 34 carbon black producers including product, production capacities and revenues. In 2017, the Chinese tire production increased by about 5.4% Y-o-Y over 2016, reaching a total of 926 million units.The demand for tires has also been witnessed from the Chinese automotive sector. Most of these industry participants focus on increasing production capacities and the development of new and sustainable technologies to produce carbon black. Furthermore, in coatings, carbon black is used as a light-absorbing additive to counteract chemical degradation reactions.Therefore, considering the aforementioned factors, the demand for carbon black is expected to rise from the tires and industrial rubber products segment moderately during the forecast period.China to Dominate the Market in Asia-Pacific RegionChina remained the largest producer of tires in the world in 2017 with the production of over one third of the global tire production. Birla Carbon. Koppers produces and sells carbon black via the Continental Carbon Australia Pty Limited (CCA) subsidiary. Mr. Sanjiv Goenka, Chairman, Phillips Carbon Black Limited, India’s largest manufacturer and exporter of carbon black, unveiled the Company’s state-of-the-art Sushila Goenka Research and Development Centre located at Palej, Gujarat. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Carbon Black is most often used by companies with >10000 employees and >1000M dollars in revenue. Substitution by Silica and environmental concerns associated with the manufacturing of carbon black are expected to hinder the growth of the market studied.Tire and industrial rubber product application dominated the market in 2018 and is expected to grow during the forecast period. Superior Performance. The global carbon black market size was estimated at USD 17.22 billion in 2018 and is projected to expand at a CAGR of 6.0% from 2019 to 2025. Other than tires, it is also required for various molded and extruded industrial rubber products, such as conveyor belts, gaskets, air springs, grommets, vibration isolation devices, and hoses. Some of the key manufacturers and suppliers in the market include Evonik Industries AG, Nippon, Mitsubishi Motors Corp., Jiangxi Black Cat Carbon Black Co. Ltd., Phillips Carbon Black, and China Synthetic Rubber Corp. It is used in various formulations with different rubber types to customize the performance properties of tires. Sign up today for your free Reader Account. Rising product usage in the production of plastics is anticipated to drive the global market over the forecast period It has heat-dissipation capabilities when added to rubber compounds. With the increase in production of tires, the demand for consumption of carbon black is also expected to increase in China.China is also the largest producer and consumer of paints and coatings, across the world. The country's overall paints and coatings consumption accounted for over 12.3 million kilo metric ton in 2017, which is about 25% of the global paints and coatings market. Made In NYC | Birla Carbon is one of the world's largest manufacturers and suppliers of high quality Carbon Black and a flagship business of Aditya Birla Group. Office in Terre Haute, INDIANA (USA) Pyrolyx is the industry leader in end-of-life tyre to recovered Carbon Black technology. Disclaimer | APEC and APTA. https://www.spendedge.com/blogs/leading-carbon-black-manufacturers-world Recovered Carbon Black Congress. China rank top in the list of most exporting carbon black countries and did export sales of USD 502 million in 2016 which represented 15.9% of the world’s output. Carbon Black World 2020 returns to the United States - November 10-12, in Charlotte, North Carolina! All rights reserved. Asia Pacific is World’s Biggest Market of Carbon Black. Our data for Carbon Black usage goes back as far as 3 years and 5 months. Recovered Carbon Black Congress Smithers' Recovered Carbon Black Congress is a must-attend event for professionals … . Asia Pacific is the world’s biggest market for carbon black trade. The major companies for the carbon black market include Birla Carbon, Orion Engineered Carbon, Cabot Corporation, Jiangxi Black Cat Carbon Black Co. Ltd, and China Synthetic Rubber Corporation.Key Topics Covered: 1 INTRODUCTION2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Drivers4.1.1 Increasing Demand from the Tire Industry in North America and Asia-Pacific4.1.2 Growth in the Construction Sector4.1.3 Increasing Market Penetration of Specialty Carbon Black4.2 Restraints4.2.1 Substitution by Silica4.2.2 Environmental Concerns Associated with the Manufacturing of Carbon Black4.3 Industry Value-Chain Analysis4.4 Porter's Five Forces Analysis4.5 Trade Analysis5 MARKET SEGMENTATION5.1 Process Type5.1.1 Furnace Black5.1.2 Gas Black5.1.3 Lamp Black5.1.4 Thermal Black5.2 Application5.2.1 Tire and Industrial Rubber Product5.2.2 Plastic5.2.2.1 Film and Sheet5.2.2.2 Pressure Pipe5.2.2.3 Molded Parts5.2.3 Toner and Printing Ink5.2.4 Paints and Coatings5.2.5 Textile Fiber5.2.5.1 Polyester5.2.5.2 Nylon5.2.5.3 Acrylic5.2.6 Other Applications5.3 Geography6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share Analysis6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 Asahi Carbon Co. Ltd6.4.2 Birla Carbon (Aditya Birla Group)6.4.3 Cabot Corporation6.4.4 Tokai Carbon Co. Ltd6.4.5 China Synthetic Rubber Corporation (CSRC)6.4.6 Abu Dhabi National Oil Company (ADNOC)6.4.7 Himadri Chemicals and Industries Ltd6.4.8 Imerys Graphite and Carbon6.4.9 Jiangxi Black Cat Carbon Black Co. Ltd6.4.10 Longxing Chemical Stock Co. Ltd6.4.11 Mitsubishi Chemical Holdings Corporation6.4.12 Nigerian National Petroleum Corporation (NNPC)6.4.13 Nippon Steel Carbon Co. Ltd6.4.14 OCI Company Ltd6.4.15 OMSK Carbon Group6.4.16 Orion Engineered Carbons SA6.4.17 Phillips Carbon Black Ltd7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Increasing Requirement for UV Protection and Conductive Properties in Plastics7.2 Growing Investments on Infrastructure in North America For more information about this report visit https://www.researchandmarkets.com/r/vsq263. End-Of-Life tyre to recovered carbon black producers including product, production capacities revenues. 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