Growth Opportunities in the Chinese Carbon Black Market 2016-2021:
According to a new market report published by Lucintel, the future of the Chinese carbon black marketlooks good with opportunities in the tire, non-tire rubber, plastic, coating, and ink applications. TheChinese carbon black market is forecast to grow at a CAGR of 7.0% from 2016 to 2021. The majordrivers of growth for this market are the strong demand for carbon black from tire and industrial rubbercompound.
In this market, carbon black is used in tire, non-tire rubber, plastic, ink, and coating applications. On thebasis of its comprehensive research, Lucintel predicts that the tire application is expected to remain thelargest segment during the forecast period supported by continuously increasing fleet size of passengercars and light commercial vehicles.
Within the carbon black market, the transportation industry is expected to remain the largest market byvalue and volume. Increasing demand for tire and other rubber molded parts are expected to spurgrowth for this segment over the forecast period.
For business expansion, the report suggests innovation and new product development, where theunique characteristics of carbon black can be capitalized. The report further suggests the developmentof partnerships with customers to create win-win situations and development of low-cost solutions forthe end user.
Emerging trends, which have a direct impact on the dynamics of the industry, include the shift fromcommodity to more specialize grade carbon black and increasing use of carbon black as pigment inlightweight auto parts to enhance the conductivity and UV protection properties. Sid Richardson Carbonand Energy Co. Ltd, Cabot Corporation, Birla Carbon, Orion Engineered Carbons and Continentalcarbon Company are among the major suppliers of the carbon black. Some companies are opting forM&A as a strategic initiative for driving growth.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growthopportunities in the Chinese carbon black market by application and end use industry and has come upwith a comprehensive research report, “Growth Opportunity in the Chinese Carbon Black Market2016-2021: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, anddirections. The study includes a forecast for the growth opportunities in the Chinese carbon blackmarket by application and end use industry as follows:
By application [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
OthersBy end user industry [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
Building & Construction
Printing & Packaging
OthersThis unique report from Lucintel will provide you with valuable information, insights, and tools needed toidentify new growth opportunities and operate your business successfully in this market. This report willsave hundreds of hours of your own personal research time and will significantly benefit you inexpanding your business in this market. In today’s stringent economy, you need every advantage thatyou can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinational materialssuppliers, product manufacturers, investors, executives, distributors, and many more that operate in thismarket.
Some of the features of “Growth Opportunities in the Chinese Carbon Black Market 2016-2021: Trends,Forecast, and Opportunity Analysis” include:
Market size estimates: Chinese carbon black market size estimation in terms of volume (kt) andvalue ($M) shipment.
Trend and forecast analysis: Chinese carbon black market trend (2010-2015) and forecast(2016-2021) by region, applications, and end user industry.
Segmentation analysis: Chinese carbon black market size by various application types such astire, non-tire rubber, plastic, ink, coating and others; and market by various end use industrysuch as transportation, industrial, building & construction, printing & packaging and othersboth in terms of volume and value shipment.
Growth opportunities: Analysis on growth opportunities in different applications, end users andregions.
Strategic analysis: This includes M&A, new product development, competitive landscape, andexpansion strategies of Chinese carbon black market suppliers.
Emerging applications: Emerging applications of Chinese carbon black in various markets.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.