Asia Pacific Carbon Black Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Asia-Pacific Carbon Black Market Size- By Type, By Grade, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: CHEM2463 | Pages: 1 - 151 | Formats*: |
| Category : Chemical & Materials | |||
Asia-Pacific Carbon Black Market Introduction and Overview
According to SPER Market Research, the Asia-Pacific Carbon Black Market is estimated to reach USD XX billion by 2033 with a CAGR of 6.21%.
The report includes an in-depth analysis of the Asia-Pacific Carbon Black Market, including market size and trends, product mix, applications, and supplier analysis. Coal, FCC, and cracking tar are examples of heavy petroleum source materials that can be thermally broken down to produce carbon black. It is widely used because of its advantageous properties, which include enhanced thermal conductivity, increased rolling resistance and tread wear in tires, and the ability to absorb ultraviolet (UV) radiation and convert it into heat. Thermal and oil furnace processes are mostly employed in the production of goods. Particularly in tires, a significant amount of carbon black is utilized to provide excellent rubber reinforcing. In addition to being a superb black pigment, carbon black is also a great coloring agent that is widely used in printing inks, paints, toners, and resin coloring.
- APRIL 2023: In order to begin producing carbon black for sale, Phillips Carbon Black, a division of the RP-Sanjiv Goenka Group, constructed a new production plant in Tamil Nadu, India, in April 2023. By 2023, it is anticipated that the firm will be producing 147 kilotons per year.
- September 2022: With an investment of INR 550 Crore, Epsilon Carbon intended to double the capacity of carbon black production in Vijayanagar, Karnataka, India. The business expanded from 115 to 215 kilotons of production capacity, and it now distributes carbon black to numerous businesses in the tire and non-tire industries.
Market Opportunities and Challenges
Opportunities: The substance is primarily utilized as a pigment, particle reinforcing agent, and conductive filler material in plastics. It is used as filler in the production of industrial bags, pipelines, films, photographic containers, and stretch wrap, among other plastic items. Its great strength, heat conductivity, and antistatic qualities are what drive demand. They also serve as a UV light absorber, which helps shield plastic from fading, chalking, cracking, and discoloration. For the majority of gadgets made worldwide, black is the color of choice. For the majority of electrical items, such as computers, televisions, laptops, and cellphones, carbon black is therefore the recommended option. The demand for products from the electronic sector rises as a result.
Challenges: The demand for the product is being limited by the harmful emissions of many gases during the production process, including sulfur dioxide, nitrogen oxide, carbon dioxide, carbon monoxide, and particulate matter. Human health is also impacted by these emissions in addition to the environment. Breathing difficulties, nausea, headaches, chest tightness, and dizziness can all result from breathing in these gasses. As a result, the governments of numerous nations have put in place a number of strict rules.
Market Competitive Landscape
Key inventors, after-market service providers, industry titans, and niche companies are all part of the competitive landscape, and each is carefully examined and evaluated in terms of its advantages, disadvantages, and potential for value addition. Key players are Birla Carbon, Bridgestone Corporation, Cabot Corporation, Cancarb Limited, Continental Carbon Company, Epsilon Carbon Private Limited, Himadri Speciality Chemical Ltd., Imerys, Longxing Chemical Stock Co. Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Grade, By Application |
| Regions covered | China, India, Japan, Australia, South Korea, Rest of Asia- Pacific |
| Companies Covered | Birla Carbon, Bridgestone Corporation, Cabot Corporation, Cancarb Limited, Continental Carbon Company, Epsilon Carbon Private Limited, Himadri Speciality Chemical Ltd., Imerys, Longxing Chemical Stock Co. Ltd. |
COVID-19 Impact on Asia-Pacific Carbon Black Market
The Asia-Pacific carbon black market has been greatly affected by the COVID-19 epidemic, which has brought up both possibilities and challenges. The demand for carbon black temporarily decreased as a result of the region's industrial operations ceasing as governments imposed stringent lockdown measures to stop the virus's spread. There have been supply chain disruptions and a reduction in production capacity in industries that use carbon black extensively, such as plastics, tires, and the automotive industry. But as economies gradually opened back up and adjusted to the new normal, demand for carbon black began to rise again, propelled by the resurgence of manufacturing and the growing focus on building and infrastructural projects.
Key Target Audience:
- Automobile Industry
- Rubber Industry
- Plastic Industry
- Construction Industry
- Ink and Coating Industry
- Electronics Industry
- Chemical Industry
- Packaging Industry
- Textile Industry
- Energy Sector
Our in-depth analysis of the Asia-Pacific Carbon Black Market includes the following segments:
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| By Grade: |
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| By Application: |
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Key Topics Covered in the Report:
- Asia-Pacific Carbon Black Market Size (FY’2024-FY’2033)
- Overview of Asia-Pacific Carbon Black Market
- Segmentation of Asia-Pacific Carbon Black Market By Type (Acetylene Black, Channel Black, Furnace Black, Thermal Black, Others)
- Segmentation of Asia-Pacific Carbon Black Market By Grade(Acetylene Black, Channel Black, Furnace Black, Thermal Black, Others)
- Segmentation of Asia-Pacific Carbon Black Market By Application(Tire, Non-Tire Rubber, Plastics, Inks and Coatings Others)
- Statistical Snap of Asia-Pacific Carbon Black Market
- Expansion Analysis of Asia-Pacific Carbon Black Market
- Problems and Obstacles in Asia-Pacific Carbon Black Market
- Competitive Landscape in the Asia-Pacific Carbon Black Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Carbon Black Market
- Details on Current Investment in Asia-Pacific Carbon Black Market
- Competitive Analysis of Asia-Pacific Carbon Black Market
- Prominent Players in the Asia-Pacific Carbon Black Market
- SWOT Analysis of Asia-Pacific Carbon Black Market
- Asia-Pacific Carbon Black Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Asia-Pacific Carbon Black Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Carbon Black Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Carbon Black Market
7. Asia-Pacific Carbon Black Market, By Type (USD Million) 2020-2033
7.1. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Type, 2020-20267.2. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Type, 2027-20337.3. Acetylene Black7.4. Channel Black7.5. Furnace Black7.6. Thermal Black7.7. Others
8. Asia-Pacific Carbon Black Market, By Grade (USD Million)2020-2033
8.1. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Grade, 2020-20268.2. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Grade, 2027-20338.3. Standard Grade8.4. Speciality Grade
9. Asia-Pacific Carbon Black Market, By Application(USD Million)2020-2033
9.1. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Application, 2020-20269.2. Asia-Pacific Carbon Black Market Size, Share and Forecast, By Application, 2027-20339.3. Tire9.4. Non-Tire Rubber9.5. Plastics9.6. Inks & Coatings9.7. Others
10. Asia-Pacific Carbon Black Market Forecast, 2020-2033 (USD Million)
10.1. Asia-Pacific Carbon Black Market Size and Market Share
11. Asia-Pacific Carbon Black Market, By Region, 2020-2033 (USD Million)
11.1. Asia-Pacific Carbon Black Market Size and Market Share By Region (2020-2026)11.2. Asia-Pacific Carbon Black Market Size and Market Share By Region (2027-2033)11.3. Japan11.4. China11.5. India11.6. Australia11.7. South Korea11.8. Rest of Asia Pacific
12. Company Profile
12.1. Birla Carbon12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Bridgestone Corporation12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Cabot Corporation12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Cancarb Limited12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Continental Carbon Company12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Epsilon Carbon Private Limited12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Himadri Speciality Chemical Ltd.12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Imerys12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Longxing Chemical Stock Co. Ltd.12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia-Pacific Carbon Black Market is projected to reach USD 395.35 Million by 2033, growing at a CAGR of 19.81% during the forecast period.
Asia-Pacific Carbon Black Market grew in market size from 2023. The Market is expected to reach USD 395.35 Million by 2033, at a CAGR of 19.81% during the forecast period.
Asia-Pacific Carbon Black Market CAGR of 19.81% during the forecast period.
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Asia-Pacific Carbon Black Market size is USD 395.35 Million from 2024 to 2033.
Asia-Pacific Carbon Black Market segment is Covered By Type, By Grade, By Application.
The Asia-Pacific region is anticipated to have the highest market share in the Asia-Pacific Carbon Black Market.
The key players in the market include Companies Covered Birla Carbon, Bridgestone Corporation, Cabot Corporation, Cancarb Limited, Continental Carbon Company, Epsilon Carbon Private Limited, Himadri Speciality Chemical Ltd., Imerys, Longxing Chemical Stock Co. Ltd.
It is widely used because of its advantageous properties, which include enhanced thermal conductivity, increased rolling resistance and tread wear in tires, and the ability to absorb ultraviolet (UV) radiation and convert it into heat.
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