Carbon Black - A Global Market Overview
Automotive Growth and Infrastructure Boom in Asia and South America Driving the Growth of Demand for Carbon Black to Reach 20 million MTs by 2022 ndustry Experts has today released the new market research report on carbon black. The new report ‘Carbon Black – A Global Market Overview’ reveals that Asia-Pacific is estimated to be the largest market with 7.9 million metric tons and US$8.1 billion in 2016 respectively for volume consumption and market value. The region is also expected to be the fastest growing market with CAGRs for volume and value respectively 6.3% and 6.8% during 2016-2022 while South America closely follows with CAGRs of 5.3% and 5.5% for the same period. Worldwide market for Carbon Black application segments explored in this study includes Industrial Rubber Products, Paints & Coatings, Plastics, Printing Inks & Toners and Tires. The global markets for the above mentioned application segments are analyzed in terms of value in metric tons and value in USD. Global consumption of Carbon Black, estimated at 13.2 million metric tons valued at US$13.7 billion in 2015, is expected to reach 13.9 million metric tons equated to US$14.4 billion in 2016 and further forecast to maintain a CAGR of 5.6% between 2016 and 2022 to reach 19.2 million metric tons equalent of US$20.4 billion by 2022. This 328 page global market research report includes 240 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 21 key global players and 29 major players across North America – 5; Europe – 5; and Asia-Pacific – 19. The research also provides the listing of the companies engaged in manufacturing and supply of Carbon Black. The global list of companies covers addresses, contact numbers and the website addresses of 180 companies. Hyderabad, India based Industry Experts is a multi industry focused business information provider. For more details, please visit http://industry-experts.com/verticals/chemicals-and-materials/carbon-black-a-global-market-overview
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