Growth Opportunities in the United States Carbon Black Market 2016-2021
According to a new market report published by Lucintel, the future of the United States carbonblack market looks good with opportunities in the tire, non-tire rubber, plastic, coating, and inkapplications. The United States carbon black market is forecast to grow at a CAGR of 4.2% from2016 to 2021. The major drivers of growth for this market are the strong demand for carbon blackfrom tire and industrial rubber compound.
In this market, carbon black is used in tire, non-tire rubber, plastic, ink, and coating applications.On the basis of its comprehensive research, Lucintel predicts that the tire application is expectedto remain the largest segment during the forecast period supported by continuously increasing fleetsize of passenger cars and light commercial vehicles.
Within the carbon black market, the transportation industry is expected to remain the largest marketby value and volume. Increasing demand for tire and other rubber molded parts are expected tospur growth 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 thedevelopment of partnerships with customers to create win-win situations and development of lowcostsolutions for the 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 pigmentin lightweight auto parts to enhance the conductivity and UV protection properties. Sid RichardsonCarbon and Energy Co. Ltd, Cabot Corporation, Birla Carbon, Orion Engineered Carbons andContinental carbon Company are among the major suppliers of the carbon black. Some companiesare opting for M&A as a strategic initiative for driving growth.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growthopportunities in the United States carbon black market by application and end-use industry and hascome up with a comprehensive research report, “Growth Opportunities in the United StatesCarbon Black Market 2016-2021: Trends, Forecast, and Opportunity Analysis.” The Lucintelreport serves as a spring board for growth strategy as it provides a comprehensive data andanalysis on trends, key drivers, and directions. The study includes a forecast for the growthopportunities in the United States carbon black market by application and end-use industry asfollows:
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 report answers following 10 key questions:
Q. 1.What are some of the most promising, high-growth opportunities for the United Statescarbon black market by applications and end use industry?
Q. 2.Which product /segments will grow at a faster pace and why?
Q.3.What are the key factors affecting market dynamics? What are the drivers and challengesof the market?
Q.4.What are the business risks and threats of this market?
Q.5.What are the emerging trends in this market and reasons behind them?
Q.6.What are some changing demands of customers in the market?
Q.7.What are the new developments in the market? Which companies are leading thesedevelopments?
Q.8. Who are the major players in this market? What strategic initiatives are being implementedby key players for business growth?
Q.9. How is the competitive rivalry and threat of substitution in this market?
Q.10.What are M&A activities in the last 5 years in this market? What reasons to theseactivities and how have they impacted the industry?This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s stringent economy, you needevery advantage that you 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 multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many more thatoperate in this market.
Some of the features of “Growth Opportunities in the United States Carbon Black Market2016-2021: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: United States carbon black market size estimation in terms ofvalue ($ Mil) and volume (kt) shipment.
Trend and forecast analysis: United States carbon black market trend (2010-2015) andforecast (2016-2021) by applicati
on and end use industry.
Segmentation analysis: United States carbon black market size by various applicationsegments such as tire, non-tire rubber, plastic, ink, coating, and others and by end useindustry such as transportation, industrial, building & construction, printing & packaging,and others in terms of value and volume shipment.
Growth opportunities: Analysis on growth opportunities in different applications and enduse industry.
Strategic analysis: This includes M&A, new product development, competitive landscape,and expansion strategies of carbon black in the United States carbon black marketsuppliers.
Emerging applications: Emerging applications of United States carbon black in variousmarkets.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model
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