A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global carbon black market on the basis of Types (Commodity Carbon Black and Specialty Carbon Black), By Process (Furnace, Acetylene, Thermal and Lampblack), By Application (Tire and Industrial Rubber Products, Plastics and Textiles, Paint and Coatings, Toner and Printing Ink) and By Region (APAC, North America, Europe and ROW).
Global Carbon Black Market is forecasted to grow at a CAGR of 8.42% during 2016 – 2021. The strong growth in carbon black industry is driven by the surging demand from tire and rubber industries. Emerging shift from commodity black to more specialized grade carbon black is projected to have a positive impact on the overall market growth.
Although, commodity carbon black holds the major percentage share in the total carbon black demand, specialty black is projected to display a faster growth in the future. Among the regions, APAC holds the largest market share mainly due to pouring number of vehicle production and shift of tire companies in low-cost countries in the region.
According to Azoth Analytics research report, Global Carbon Black Market: Trends, Opportunities and Forecasts (2016-2021), Global Carbon Black market is projected to exhibit a CAGR of over ~8.42% during 2016 - 2021. Global Carbon Black Market has been segmented on basis of type (Commodity Carbon Black and Specialty Carbon Black); By Process (Furnace, Acetylene, Thermal and Lampblack), By Application (Tire and Industrial Rubber Products, Plastics and Textiles, Paint and Coatings, Toner and Printing Ink), By Region (APAC, North America, Europe and ROW).
Scope of the Report
The report provides coverage by Types, Process and By Application:
- Commodity Carbon Black
- Specialty Carbon Black
- Tire and Industrial Rubber Products
- Plastics and Textiles
- Paint and Coatings
- Toner and Printing Ink
- North America
- Saudi Arabia
Customization of the Report
The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-carbon-black-market-by-type-by-process-by-application-by-region-opportunities-and-forecasts-2016-2021-300380710.html