Europe Carbon Black Market Introduction and Overview
According to SPER Market Research, the Europe Carbon Black Market is estimated to reach USD 5.18 billion by 2033 with a CAGR of 5.54%.
The report includes an in-depth analysis of the Europe Carbon Black Market, including market size and trends, product mix, distribution channels, and supplier analysis. Carbon black is created from the partial combustion of hydrocarbon and appears as fine black amorphous carbon particles. It is widely utilized in the automotive industry in tyres, tubes, tread belts, hoses, and other applications. It is also employed as a colorant in inks and as an electric conductive agent in high-tech products.
- Automobile Industry Demand: The automobile industry, which is a big user of rubber products, especially tires, has a significant impact on carbon black demand. As the automotive sector expands and demand fluctuates, so does the demand for carbon black. Carbon black demand can be influenced by economic situations, consumer tastes, and technological improvements in the automotive industry.
- Manufacturing and Industrialization: Carbon black has use outside of the tire industry. It's used in a variety of industries, including plastics, coatings, and printing inks.
Market Opportunities and Challenges
Demand from the automotive industry, particularly tire manufacture, was critical, driven by economic conditions and consumer preferences. As Europe's population rose, so did the demand for tires, driving up the demand for carbon black. Carbon black's applications in plastics, coatings, and inks, spurred by industrialization and manufacturing expansion, have led to growth. Environmental rules and sustainability concerns hinted at possible disruptions, while innovation, construction projects, consumer products, and global economic conditions influenced the market's direction further.
The European carbon black market has faced a number of challenges. The changing regulatory landscape and increased emphasis on environmental sustainability are two important issues. Carbon black production is energy-intensive and emits emissions, making it subject to tougher emissions rules. Furthermore, the market is being challenged by alternative materials and technologies that provide more environmentally friendly alternatives. Another difficulty is economic uncertainty, which includes variations in demand caused by market fluctuations and global economic situations. Furthermore, as the automotive industry investigates electric vehicles and tire efficiency, demand for traditional carbon black in tire manufacturing may decrease. To assure the market's sustained growth and relevance in a changing context, these difficulties need industry adaptation, investment in sustainable production methods, and the exploration of novel applications.
Market Competitive Landscape
The nature of the Europe Carbon Black Market is consolidated. Cabot Corporation, Omsk Carbon Group, and Imerys Graphite & Carbon, Mitsubishi Chemical Corporation are some of the market's significant participants (in no particular order).
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Application
|
Regions covered | France, Germany, Italy, Netherlands, Spain, United Kingdom, Rest of Europe
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Companies Covered | Birla Carbon, Black Bear Carbon B.V, Cabot Corporation, Cancarb, Carbon Black Kft, Continental Carbon Company, Imerys Graphite & Carbon, Mitsubishi Chemical Corporation, Omsk Carbon Group, Orion Engineered Carbons, PHILLIPS CARBON BLACK LIMITED
|
COVID-19 Impact on Europe Carbon Black Market
The COVID-19 epidemic had a huge impact on Europe's black market for carbon. Industrial activity, including as manufacturing and construction, were hampered as governments instituted lockdowns and restrictions to halt the virus's spread. Reduced production and decreased consumer demand resulted in a drop in automotive manufacture and, as a result, a decrease in the need for carbon black, particularly in tire production. Supply chain interruptions and logistical difficulties also hampered market operations. Furthermore, the economic uncertainty caused by the epidemic forced businesses to rethink their spending, potentially impacting investment in carbon black applications. While the market faced a fall during the pandemic, the market's recovery trajectory was directly linked to the rate of economic reopening and industry resuscitation.
Key Target Audience
- Manufacturers and Suppliers
- Automotive Industry Professionals
- Construction and Infrastructure Companies
- Chemical and Materials Industry
- Environmental and Regulatory Bodies
- Investors and Financial Institutions
- Research and Development Teams
- Government and Trade Associations
Our in-depth analysis of the Europe Carbon Black Market includes the following segments:
By Type:
|
Furnace Black
Gas Black
Lamp Black
Thermal Black
|
By Application:
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Tires and Industrial Rubber Products
Plastics
Toners and Printing Inks
Coatings
Textile Fibers
Others
|
Key Topics Covered in the Report
- Europe Carbon Black Market Size (FY’2023-FY’2033)
- Overview of Europe Carbon Black Market
- Segmentation of Europe Carbon Black Market By Type (Furnace Black, Gas Black, Lamp, Thermal Black)
- Segmentation of Europe Carbon Black Market By Application (Tire and Industrial Rubber Products, Plastics, Toners and Printing Inks, Coatings, Textile Fibers, Others)
- Statistical Snap of Europe Carbon Black Market
- Expansion Analysis of Europe Carbon Black Market
- Problems and Obstacles in Europe Carbon Black Market
- Competitive Landscape in the Europe Carbon Black Market
- Impact of COVID-19 and Demonetization on Europe Carbon Black Market
- Details on Current Investment in Europe Carbon Black Market
- Competitive Analysis of Europe Carbon Black Market
- Prominent Players in the Europe Carbon Black Market
- SWOT Analysis of Europe Carbon Black Market
- Europe Carbon Black Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Carbon Black Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Carbon Black Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Carbon Black Market
7. Europe Carbon Black Market, By Type (USD Million)
7.1. Europe Carbon Black Market Value Share and Forecast, By Type, 2023-2033
7.2. Furnace Black
7.3. Gas Black
7.4. Lamp Black
7.5. Thermal Black
8. Europe Carbon Black Market, By Application (USD Million)
8.1. Europe Carbon Black Market Value Share and Forecast, By Application, 2023-2033
8.2. Tires and Industrial Rubber Products
8.3. Plastics
8.4. Toners and Printing Inks
8.5. Coatings
8.6. Textile Fibers
8.7. Others
9. Europe Carbon Black Market Forecast, 2019-2033 (USD Million)
9.1. Europe Carbon Black Market Size and Market Share
10. Europe Carbon Black Market, By Type, 2019-2033 (USD Million)
10.1. Europe Carbon Black Market Size and Market Share By Type (2019-2026)
10.2. Europe Carbon Black Market Size and Market Share By Type (2027-2033)
11. Europe Carbon Black Market, By Application, 2019-2033 (USD Million)
11.1. Europe Carbon Black Market Size and Market Share By Application (2019-2026)
11.2. Europe Carbon Black Market Size and Market Share By Application (2027-2033)
12. Europe Carbon Black Market, By Region, 2019-2033 (USD Million)
12.1. Europe Carbon Black Market Size and Market Share By Region (2019-2026)
12.2. Europe Carbon Black Market Size and Market Share By Region (2027-2033)
12.3. France
12.4. Germany
12.5. Italy
12.6. Netherlands
12.7. Spain
12.8. United Kingdom
12.9. Rest of Europe
13. Company Profile
13.1. Birla Carbon
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Black Bear Carbon B.V
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Cabot Corporation
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Cancarb
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Carbon Black Kft.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Continental Carbon Company
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Imerys Graphite & Carbon
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Mitsubishi Chemical Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Omsk Carbon Group
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Orion Engineered Carbons
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. PHILLIPS CARBON BLACK LIMITED
13.11.1. Company detail
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
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.