The Global Market for Carbon Black to 2025

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Published March 2018 | 100 pages  | Price: £1000 | Table of contents

Carbon black (CB) is industrially manufactured in the form of hundreds of defined commercial grades that vary in their primary particle size, aggregate size and shape, porosity, surface area, and chemistry.

Demand for carbon black is mainly for application as reinforcing fillers in tires, automotive non-tire and general rubber products. Other smaller markets include paints and coatings, printing inks and toners and plastics. Demand is outstripping supply and continued multi-billion dollar investment in tires, especially in Asia-Pacific,  will maintain high utilisation levels for rubber carbon black over the next few years.

The market is growing fast for specialty carbon blacks and high value applications have been identified in conductive materials, ESD shielding, batteries and advanced insulation and the margins are attractive for producers.

Report contents include:

  • In-depth analysis of the global carbon black market broken down by applications, tonnage and region.
  • Assessment of current and future markets for applications of carbon black including recycled carbon black and specialty carbon black markets.
  • Pricing.
  • Historical data for the global carbon black market.
  • Market growth forecasts to 2025.
  • Key challenges for the carbon black market.
  • Assessment of competitive threats to the carbon black market.
  • Profiles of 37 carbon black producers including product, production capacities and revenues.
The Global Market for Carbon Black to 2025
The Global Market for Carbon Black to 2025
PDF by email or download from file sharing service.
The Global Market for Carbon Black to 2025
The Global Market for Carbon Black to 2025
Print edition (including tracked postage).
The Global Market for Carbon Black to 2025
The Global Market for Carbon Black to 2025
Print edition (Including tracked postage) and PDF.

TABLE OF CONTENTS

1    EXECUTIVE SUMMARY…………………………………………………………. 12

  • 1.1    The current market…………………………………………………………………………………………………………. 12
  • 1.2    Innovation in the carbon black market……………………………………………………………………………. 13
  • 1.3    Increased capacities 2016-2018…………………………………………………………………………………….. 14
  • 1.4    Reduced capacities 2016-2018………………………………………………………………………………………. 15
  • 1.5    Capacity expansion in the near future……………………………………………………………………………. 16
  • 1.6    Environmental initiatives in China…………………………………………………………………………………… 16
  • 1.7    Market threat from other materials…………………………………………………………………………………. 16
    • 1.7.1     Competition from precipitated silica in the tire industry………………………………………….. 16
    • 1.7.2     Competition from nanomaterials…………………………………………………………………………….. 17
  • 1.8    Automotive tires the dominant end user market……………………………………………………………… 19
  • 1.9    Key market trends 2016 to 2017…………………………………………………………………………………….. 19
    • 1.9.1     Specialty carbon black……………………………………………………………………………………………. 19
    • 1.9.2     Recovered carbon black (rCB)……………………………………………………………………………….. 20
  • 1.10      Global market size and revenues, 2014 to 2025………………………………………………………… 21

2    RESEARCH METHODOLOGY………………………………………………… 23

  • 2.1    Scope of the report…………………………………………………………………………………………………………. 23
    • 2.1.1     Objective of the report……………………………………………………………………………………………. 23
    • 2.1.2     Methodology…………………………………………………………………………………………………………… 23

3    INTRODUCTION……………………………………………………………………. 24

  • 3.1    Carbon black………………………………………………………………………………………………………………….. 24
    • 3.1.1     Properties………………………………………………………………………………………………………………. 25
      • 3.1.1.1       Particle size distribution…………………………………………………………………………………. 25
      • 3.1.1.2       Structure-Aggregate size……………………………………………………………………………….. 26
      • 3.1.1.3       Surface chemistry………………………………………………………………………………………….. 27
      • 3.1.1.4       Agglomerates………………………………………………………………………………………………… 27
      • 3.1.1.5       Colour properties…………………………………………………………………………………………… 28
      • 3.1.1.6       Porosity………………………………………………………………………………………………………….. 29
      • 3.1.1.7       Physical form…………………………………………………………………………………………………. 29
  • 3.2    Manufacturing processes……………………………………………………………………………………………….. 30
    • 3.2.1     Furnace Black Process………………………………………………………………………………………….. 30
    • 3.2.2     Channel Black Process………………………………………………………………………………………….. 31
    • 3.2.3     Acetylene Black Process………………………………………………………………………………………… 32
    • 3.2.4     Lamp Black Process………………………………………………………………………………………………. 33
    • 3.2.5     Thermal black process…………………………………………………………………………………………… 34
    • 3.2.6     Other processes…………………………………………………………………………………………………….. 35
      • 3.2.6.1       Gas black………………………………………………………………………………………………………. 35
      • 3.2.6.2       Pyrolysis………………………………………………………………………………………………………… 35

4    THE CARBON BLACK INDUSTRY………………………………………….. 36

  • 4.1    The market in 2017………………………………………………………………………………………………………… 36
  • 4.2    Specialty carbon black……………………………………………………………………………………………………. 37
    • 4.2.1.1       Global market size for specialty CB……………………………………………………………….. 38
  • 4.3    Markets for carbon black………………………………………………………………………………………………… 40
    • 4.3.1     Traditional markets…………………………………………………………………………………………………. 40
    • 4.3.2     Growth markets……………………………………………………………………………………………………… 40
    • 4.3.3     Green carbon black………………………………………………………………………………………………… 40
    • 4.3.4     Pricing……………………………………………………………………………………………………………………. 40
      • 4.3.4.1       Feedstock………………………………………………………………………………………………………. 40
      • 4.3.4.2       Commercial carbon black………………………………………………………………………………. 41
  • 4.4    MARKET SUPPLY CHAIN……………………………………………………………………………………………… 42
  • 4.5    MARKET DRIVERS……………………………………………………………………………………………………….. 43
  • 4.6    MARKET CHALLENGES……………………………………………………………………………………………….. 44
  • 4.7    CARBON BLACK MARKET, BY APPLICATIONS………………………………………………………….. 45
    • 4.7.1     Tires and automotive……………………………………………………………………………………………… 48
      • 4.7.1.1       Competition from precipitated silica……………………………………………………………….. 50
    • 4.7.2     Non-Tire Rubber (Industrial rubber)……………………………………………………………………….. 54
    • 4.7.3     Specialty Carbon Black………………………………………………………………………………………….. 56
      • 4.7.3.1       Plastics………………………………………………………………………………………………………….. 58
      • 4.7.3.2       Paints and coatings……………………………………………………………………………………….. 59
      • 4.7.3.3       Printing inks and toners…………………………………………………………………………………. 60
      • 4.7.3.4       Other……………………………………………………………………………………………………………… 61
        • 4.7.3.4.1      Conductive additives………………………………………………………………………………………… 62
        • 4.7.3.4.2      Batteries and EDLCs………………………………………………………………………………………… 62
        • 4.7.3.4.3      Insulation………………………………………………………………………………………………………. 63
        • 4.7.3.4.4      Adhesives……………………………………………………………………………………………………… 63
  • 4.8    REGIONAL MARKETS…………………………………………………………………………………………………… 63
    • 4.8.1     Carbon black exports……………………………………………………………………………………………… 63
    • 4.8.2     Carbon black imports……………………………………………………………………………………………… 64
    • 4.8.3     Demand…………………………………………………………………………………………………………………. 64
      • 4.8.3.1       Asia-Pacific……………………………………………………………………………………………………. 68
        • 4.8.3.1.1      China……………………………………………………………………………………………………………. 70
        • 4.8.3.1.2      Japan……………………………………………………………………………………………………………. 71
        • 4.8.3.1.3      India…………………………………………………………………………………………………………….. 72
      • 4.8.3.2       Western Europe…………………………………………………………………………………………….. 72
      • 4.8.3.3       North America………………………………………………………………………………………………… 73
      • 4.8.3.4       Rest of the world……………………………………………………………………………………………. 74

5    CARBON BLACK MARKET BUSINESS TRENDS 2016 TO 2017… 76

6    COMPETITIVE ANALYSIS……………………………………………………… 77

  • 6.1    Key players…………………………………………………………………………………………………………………….. 77
  • 6.2    Market share analysis…………………………………………………………………………………………………….. 77

7    CARBON BLACK PRODUCER PROFILES………………………………. 79-97 (37 company profiles)

 

TABLES

  • Table 1 Carbon black capacity increases 2016-2018…………………………………………………………………. 14
  • Table 2 Carbon black capacity by company 2016………………………………………………………………………. 14
  • Table 3 Carbon black capacity decreases 2016-2018………………………………………………………………… 15
  • Table 4: Applications of graphene and carbon nanotubes in rubber and tires……………………………. 17
  • Table 5 Global carbon black forecast…………………………………………………………………………………………. 21
  • Table 6 Commercially available carbon black grades…………………………………………………………………. 24
  • Table 7 Properties of carbon black and influence on performance…………………………………………….. 25
  • Table 8 Carbon black compounds………………………………………………………………………………………………. 30
  • Table 9 Furnace black process…………………………………………………………………………………………………… 30
  • Table 10 Channel black process-method, advantages and disadvantages………………………………… 31
  • Table 11 Acetylene black process-method, advantages and disadvantages……………………………… 32
  • Table 12 Lamp black process-method, advantages and disadvantages…………………………………….. 33
  • Table 13 Thermal black process-method, advantages and disadvantages………………………………… 34
  • Table 14 Specialty carbon black market volume, 2015-2025……………………………………………………… 38
  • Table 15 Pricing of carbon black………………………………………………………………………………………………… 41
  • Table 16 Carbon black prices……………………………………………………………………………………………………… 41
  • Table 17 Market supply chain for carbon black…………………………………………………………………………… 42
  • Table 18 Market drivers for the carbon black industry………………………………………………………………… 44
  • Table 19 Demand for carbon black, by market, 2014-2025, million metric tons………………………….. 46
  • Table 20 Global carbon black production and capacity, forecast to 2025…………………………………… 47
  • Table 21: Market drivers for CB in the tire industry…………………………………………………………………….. 50
  • Table 22 Global market for carbon black in tires (Million metric tons), 2014 to 2025………………….. 54
  • Table 23 Carbon black non-tire applications………………………………………………………………………………. 55
  • Table 24 Global market for carbon black in non-tire rubber (Million metric tons), 2014 to 2025…. 56
  • Table 25 Global demand for specialty carbon black 2014-2016 by market, million metric tons….. 58
  • Table 26 Properties of Carbon Black utilized in EDLCs………………………………………………………………. 62
  • Table 27 Principal carbon black suppliers, by region………………………………………………………………….. 67
  • Table 28 Asia-Pacific market for carbon black 2014 to 2025 (Metric tons)…………………………………. 69
  • Table 29 Main carbon black producers in China and production capacities……………………………….. 69
  • Table 30 Demand for carbon black by industry in Japan (Metric tons)……………………………………….. 70
  • Table 31 Main carbon black producers in India and production capacities…………………………………. 71
  • Table 32 Western Europe market demand for carbon black 2014 to 2025 (Metric tons)……………. 73
  • Table 33 North American demand for carbon black 2014 to 2025 (Metric tons)…………………………. 74
  • Table 34 Rest of the world market demand for carbon black 2014 to 2025 (Metric tons)…………… 75
  • Table 35: Carbon black market business trends 2016-2018………………………………………………………. 76
  • Table 36: Carbon black market share, by leading producers……………………………………………………… 77

FIGURES

  • Figure 1 Global Carbon Black Market 2016, End User Markets…………………………………………………. 12
  • Figure 2 Carbon black capacity by company………………………………………………………………………………. 15
  • Figure 3: Antistatic graphene tire………………………………………………………………………………………………… 17
  • Figure 4 Global carbon black market for tires, 2016…………………………………………………………………… 19
  • Figure 5 Global market for specialty carbon black, by end user demand……………………………………. 20
  • Figure 6 Global market for carbon black (metric tons), 2014 to 2025…………………………………………. 22
  • Figure 7 Electron microscope image of carbon black…………………………………………………………………. 25
  • Figure 8 Different shades of black, depending on the surface of Carbon Black………………………….. 26
  • Figure 9 Structure- Aggregate Size/Shape Distribution………………………………………………………………. 27
  • Figure 10 Surface Chemistry – Surface Functionality Distribution………………………………………………. 27
  • Figure 11: Sequence of structure development of Carbon Black………………………………………………… 28
  • Figure 12 Carbon Black pigment in Acrylonitrile butadiene styrene (ABS) polymer……………………. 29
  • Figure 13 Furnace black Process……………………………………………………………………………………………….. 31
  • Figure 14 Channel Black Process………………………………………………………………………………………………. 32
  • Figure 15 Lampblack Process…………………………………………………………………………………………………….. 34
  • Figure 16 Thermal black process……………………………………………………………………………………………….. 35
  • Figure 17 Global market for carbon black in 2016, by end user market……………………………………… 36
  • Figure 18 Applications of specialty carbon black………………………………………………………………………… 37
  • Figure 19 Specialty carbon black market volume, 2015-2025…………………………………………………….. 39
  • Figure 20 Global carbon black market by application in 2016 (million Metric tons)…………………….. 45
  • Figure 21 Demand for carbon black, by market, 2014-2025, million metric tons………………………… 46
  • Figure 22 Global carbon black production and capacity, forecast to 2025………………………………….. 48
  • Figure 23 Break-down of raw materials (by weight) used in a tire………………………………………………. 49
  • Figure 24 Precipitated silica in car tires………………………………………………………………………………………. 51
  • Figure 25 Passenger car and light truck replacement tire market 2016-2017 (million units)……….. 52
  • Figure 26  Commercial vehicle replacement tire market 2016-2017 (million units)…………………….. 52
  • Figure 27 Global Market for Carbon Black in tires, by type 2016………………………………………………… 53
  • Figure 28 Global market for carbon black in tires (Million metric tons), 2014 to 2025…………………. 54
  • Figure 29 Global market for carbon black in non-tire rubber (Million metric tons), 2014 to 2025… 56
  • Figure 30 Global Market for specialty carbon black, by type 2016……………………………………………… 57
  • Figure 31 Global demand for specialty carbon black 2014-2016 by market, million metric tons…. 58
  • Figure 32 Global market for carbon black in plastics (Million metric tons), 2014 to 2025……………. 59
  • Figure 33 Global market for carbon black in paints and coatings (Million metric tons), 2014 to 2025……………………………………………………………………………………………………………………………………………… 60
  • Figure 34 Global market for carbon black in printing inks and toners (Million metric tons), 2014 to 2025……………………………………………………………………………………………………………………………………… 61
  • Figure 35 Leading carbon black exports by country (Metric tons)………………………………………………. 63
  • Figure 36 Leading carbon black imports by country (Metric tons)………………………………………………. 64
  • Figure 37 Demand for carbon black by regional market 2016…………………………………………………….. 65
  • Figure 38 Demand for carbon black by regional market 2014-2025, metric tons………………………… 66
  • Figure 39 CB capacity by region 2006-2018………………………………………………………………………………. 67
  • Figure 40 Asia-Pacific market for carbon black 2014 to 2025 (Metric tons)………………………………… 68
  • Figure 41 China market for carbon black 2014 to 2025 (Metric tons)…………………………………………. 70
  • Figure 42 India market for carbon black 2014 to 2025 (Metric tons)…………………………………………… 72
  • Figure 43 Western Europe market demand for carbon black 2014 to 2025 (Metric tons)…………… 72
  • Figure 44 North American demand for carbon black 2014 to 2025 (Metric tons)………………………… 74
  • Figure 45 Rest of the world market demand for carbon black 2014 to 2025 (Metric tons)………….. 75
  • Figure 46 Main global rubber carbon black producers market share by capacity……………………….. 78