- The key vendors in the Global Carbon Black Market 2015-2019 are Birla Carbon, Cabot Corp., China Synthetic Rubber Corp. (CSRC) and Orion Engineered Carbons Holdings GmbH.
London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Carbon Black Market 2015-2019. One of the key trends upcoming is the market concentration and consolidation of suppliers. Globalization and consolidation have led market players to expand their businesses to low-cost production areas in the APAC region, which in turn is leading to a shift in the manufacturing base of the market. The Global Carbon Black market is expected to grow at a CAGR of 3.91 percent during the forecast period of 2014-2019.
The increasing demand for and market penetration of specialty carbon blacks are expected to have a positive impact on the Global Carbon Black market. Growing demand from end-use segments such as Plastics, Inks, and Paints and Coatings and emerging applications in the field of metallurgy are propelling the demand for specialty carbon blacks. Specialty carbon blacks offer higher profit margins to manufacturers.
“Increased investment in R&D to enable new applications of specialty carbon black is expected to contribute to the growth of the Global Specialty Carbon Black market,” says Faisal Ghaus, Vice President of TechNavio Research.
“The non-dependence of the demand for specialty carbon black on economic cycles and the higher profitability of the market are also factors that increase the interest of investors in specialty carbons.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
