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Carbon Black Prices, News, Analysis & Demand | ChemAnalyst
Carbon Black prices demonstrated bullish market sentiment in Q4FY23, primarily driven by declining mortgage rates and increased consumer spending. In October, the surge in carbon market prices was largely attributed to the fulfillment of past orders following the conclusion of US Auto Union strikes, which depleted carbon black inventories among major tire suppliers. Concurrently, stable demand for electric vehicles (EVs) further supported this trend.
However, energy and crude oil prices began to decline due to ample inventory reserves in the EU for winter and delayed demand for heating oils. This led to deflation in consumer gasoline and electricity prices, while high mortgage rates constrained consumption and restricted private vehicular movements, thus impacting consumer-driven carbon black markets.
In November and December, energy prices continued to decrease, mortgage rates dropped, and demand for private vehicular movement increased as consumers showed willingness to spend on leisure and travel activities. This uptick in replacement tire markets contributed to the rise in carbon black prices during these months.
By the end of December, carbon black demand weakened due to rising supply challenges stemming from Houthi attacks, reduced demand from the EV sector, and declining demand for replacement tires as winter intensified, dampening overall market sentiment. Additionally, the US Federal Reserve signaled a delayed rate cuts program, citing global uncertainties and inflationary pressure in energy and food prices.
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Carbon Black prices in Europe exhibited mixed sentiment in Q4FY23, with declines observed in October and November, followed by an uptick in December. During October and November, price movements were primarily influenced by imports from Russia and the Middle East. Replacement tire markets remained subdued due to elevated fuel and electricity costs.
The Carbon Black market was driven by both new electric vehicle (EV) sales and conventional vehicle sales, subsidized by European governments to support transition economies. Mortgage rates continued to decrease throughout the quarter, reaching their lowest point in December as the inflation premium decreased. Despite lingering inflationary pressures, consumer activity increased, leading to improved demand for Carbon Black in replacement tire markets.
Energy prices experienced significant declines but remained higher than pre-pandemic levels. Mid-December witnessed speculative destocking of Carbon Black by suppliers, as major EU zone states aimed to reduce state subsidies for sustainable transition. Demand for new EVs showed bearish trends. However, by the last week of December, prices rebounded as European suppliers engaged in speculative stocking due to ongoing Houthi attacks in the Red Sea. Additionally, European sanctions on Russian imports were set to take effect by July 2024.
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The Carbon Black Market is Segmented by Process Type (Furnace Black, Gas Black, Lamp Black, and Thermal Black), Application (Tires and Industrial Rubber Products, Plastics, Toners and Printing Inks, Paints and Coatings, Textile Fibers, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). For each segment, the market sizing and forecasts have been done based on volume (kiloton) and value (USD million).
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Carbon Black Market Size, Revenue, Business Growth Statistics And Analysis Report 2021 - 2028
Carbon black is a kind of elemental carbon created by the partial combustion or breakdown of hydrocarbons like oil and natural gas at a specific temperature and pressure. Carbon is the most abundant element, with minor amounts of hydrogen, oxygen, sulphur, and nitrogen. The furnace method is the most frequent way to make carbon black, as it provides a high yield and a lot of control over the particle structure and size of the output, making it suitable for mass production. It's used in a variety of industries, including automotive and paint. It's also utilised in tyres and other rubber products as a filler and a strengthening agent.
The spike in demand for carbon black from the tyre and building & manufacturing industries, where it is utilised to offer strength to industrial rubber compounds and other equipment, is one of the factors driving the Carbon Black Market expansion. It also possesses physical features including colour stability, solvent resistance, and heat stability, which makes it popular in the paint and coating industry. However, in the coming years, volatility in raw material prices, an increase in the use of silica as a substitute, and environmental concerns related with carbon black manufacturing are projected to limit market growth. Carbon black, on the other hand, is likely to see increased demand as a result of its UV protection and conductive qualities in plastics, which will open up new potential for the industry.
Read more @ https://cmiaspireblog.blogspot.com/2022/01/carbon-black-market-opportunities.html
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Carbon Black Market to Maintain Healthy Growth by 2021
Carbon black (subtypes are acetylene black, channel black, furnace black, lamp black and thermal black) is a material produced by the incomplete combustion of heavy petroleum products such as FCC tar, coal tar, ethylene cracking tar, and a small amount from vegetable oil. Carbon black is a form of paracrystalline carbon that has a high surface-area-to-volume ratio, albeit lower than that of activated carbon. It is dissimilar to soot in its much higher surface-area-to-volume ratio and significantly lower (negligible and non-bioavailable) PAH (polycyclic aromatic hydrocarbon) content.
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However, carbon black is widely used as a model compound for diesel soot for diesel oxidation experiments.[1] Carbon black is mainly used as a reinforcing filler in tires and other rubber products. In plastics, paints, and inks carbon black is used as a color pigment. The current International Agency for Research on Cancer (IARC) evaluation is that, "Carbon black is possibly carcinogenic to humans (Group 2B)". Short-term exposure to high concentrations of carbon black dust may produce discomfort to the upper respiratory tract, through mechanical irritation.
This report provides detailed analysis of worldwide markets for Carbon Black from 2011-2015 and provides extensive market forecasts 2016-2021 by region/country and subsectors. It covers the key technological and market trends in the Carbon Black market and further lays out an analysis of the factors influencing the supply/demand for Carbon Black, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies. GCC?s report, Global Carbon Black Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Carbon Black market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Carbon Black market are Cabot Corporation, Sid Richardson Carbon & Energy, Orion Engineered Carbons, Omsk Carbon Group, Tokai Carbon Group, Mitsubishi Chemical, Asahi Carbon, Aditya Birla Group, Phillips Carbon Black Limited, China Synthetic Rubber Corporation, Jiangxi Blackcat, Longxing Chemical, Shandong Huadong Rubber, Suzhou Baohua, among others.
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The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Carbon Black industry has been provided.
Table of Contents:
Part 1. Exclusive Summary Part 2. Methodology 2.1 Research Methodology 2.2 Geographic Scope 2.3 Years Considered Part 3. Introduction 3.1 Definition 3.2 Supply Chain Structure 3.2.1 Raw Material Supply 3.2.2 Traders & Distributors 3.2.3 Key Customers 3.3 Manufacture 3.3.1 Manufacturing Process 3.3.2 Production Cost Part 4. Market Landscape 4.1 Global Carbon Black Market Size (Volume) 2011-2016 4.2 Global Carbon Black Market Size (Value) 2011-2016 Part 5. Segmentation by Products 5.1 Type 1 5.2 Type 2 5.3 Type 3 Part 6. Segmentation by End-users 6.1 Customer Segment 1 6.2 Customer Segment 2 6.3 Customer Segment 3 6.4 Customer Segment 4
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Carbon Black Price, Demand & Supply | ChemAnalyst
During the third quarter of 2023, Carbon Black prices in the USA experienced dynamic fluctuations throughout the entire period. The initial and concluding months saw an upswing in prices, while a decline was observed in the second month. These price variations were predominantly influenced by changes in downstream demand, feedstock prices, and seasonal factors. The quarter commenced in July with a notable uptick in Carbon Black prices, driven significantly by heightened demand from the construction and tire industries, resulting in an overall increase in prices. August witnessed a further rise in Carbon Black prices, primarily attributed to the increasing demand from downstream industries. Additionally, the ascending cost of feedstock, particularly Naphthenic oil, played a pivotal role in contributing to the overall price surge during this month. In September, prices experienced another surge due to various factors, including heightened demand from the tire industry as the winter season approached. Throughout the July to September timeframe, prices fluctuated from USD 1143 per MT FOB Texas to USD 1190 per MT FOB Texas.
In the European market, Carbon Black prices exhibited an uptick in the initial month of the third quarter but underwent a consistent decline in the subsequent two months. The first month experienced a notable surge in demand from the tire industry, leading to heightened demand pressure and consequent price increases. However, in Germany, prices faced a decline primarily influenced by factors such as the weakening euro currency, steady demand from downstream industries, a slowdown in construction activity, and reduced demand in coatings, adhesives, lubricants, and other industrial sectors—a sentiment echoed by Dow Chemicals. Despite the robust performance of the automotive industry in Europe, the tire sector did not grow at a parallel rate, largely due to consistent exports from non-ETRMA (European Tire and Rubber Manufacturers' Association) members throughout the year. Additionally, ample market inventories and the lower prices of imports from neighboring Russia further contributed to the downward price trend. Prices decreased from USD 1143 per MT FD Hamburg to USD 1190 per MT FD Hamburg from July to September.
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Carbon Black Market is Expected to Reach USD 27.21 Million Tonnes by 2030 at a CAGR of 4.82% | ChemAnalyst
According to ChemAnalyst report, "Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030". Carbon Black market observed a promising demand in the past five years and is predicted to reach 27.21 million tons by 2030, along with a healthy CAGR of 4.82% in the next ten years owing to their applications in automobile tires, industrial rubber products, Printing inks and toners, belts & hoses, Paints & coatings, and others
Explore full report with table of contents: https://www.chemanalyst.com/industry-report/carbon-black-market-440
Carbon Black is an intense black form of amorphous carbon produced by the partial combustion of hydrocarbons (petroleum products) such as coal tar, fluid catalytic cracking tar, ethylene cracking tar or plant-based feedstock. It is classified into Rubber Black and Specialty Black based on its type. Carbon Black is used prominently as a reinforcing agent in tires and other rubber products as it increases resistance to abrasion and wear and tear coupled with its use to make rubber tires electrically conducting to avoid creation of an electrostatic charge in vehicles. It is also used extensively as black pigment in printing ink, carbon paper and paint as it is strongly tinted, heat labile and suitable for film coating, protective coatings thereby, contributing to the growing demand of the chemical. Moreover, carbon black is an excellent absorber of UV rays therefore added to other materials for the prevention of ultraviolet degradation.
Request for a sample copy of this report: https://www.chemanalyst.com/ChemAnalyst/RequestForm
COVID-19 Impact:
In 2020, due to the outbreak of novel corona virus across the globe, nationwide lockdowns were imposed by the government to prevent the spread of the virus that resulted into the significant impact on various industries including the decline in the demand for Carbon Black globally due to major hit on automobile sector. Raw material scarcity and trade restrictions cause disruption in the production and the supply chain thereby a slump was observed in overall Carbon Black market across the nations in the first half of the 2020. However, after the upliftment of lockdown restrictions, all the downstream industries started functioning with their full efficacy coupled the surging demand from Printing industry helped to recover its market at a significant pace and is anticipated to propel the market for Carbon Black in the upcoming years. However, Carbon Black is a derivative of crude oil therefore, fluctuations in the prices of crude oil internationally would directly impact its price coupled with the emission of carbon dioxide during the production process are the major restraints in the market growth for Carbon Black.
Regional Outlook:
Regionally, Asia Pacific region is perceived to lead the global market for Carbon Black in the forecast period owing to the growing use of Carbon Black in end use industries such as automotive, paint and coatings. In Automotive industry, it is utilized for the synthesis of tire and other products which is directly going to impel the demand for Carbon black in the forecast period.
Moreover, manufacturers are investing and expanding their production capacities into the region specially in China, India, Bangladesh, Vietnam, Indonesia due to cheap labor costs and assistance from government; thereby, contributing to the dominant share of the region in the upcoming years. Europe and North America are also anticipated to show a promising growth in the forecast period.
Major Players:
BASF SE
Shandong Hongxin Chemical co. Ltd.
Stepan Company
Nan-Ya Plastics
Exxon Mobil Corporation
Aekyung Petrochemical
Polynt SPA
IG Petrochemicals
Asian Paints
Lanxess
Proviron Basic Chemicals
UPC Technology Corporation and Koppers Industries.
"Carbon Black is directly linked to Automotive and Plastics that are constantly growing sectors owing to the rising population and rapid industrialization, consequently driving the growth of Carbon Black industry. Its high demand from paints and coatings industry is likely to drive the market growth in the forthcoming years. Additionally, the rising focus of the automotive manufacturers towards the manufacturing of electric vehicles is expected to drive the demand for carbon black as it is a primary raw material in tire industry. With new competitors emerging across the Asian Carbon Black market, players are anticipated to be sufficient for fulfilling supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
About ChemAnalyst
ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.
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Carbon Black Market (CAGR of 4.82 %) 2030: Global Industry Size, Share, Trends, Analysis Report | ChemAnalyst
According to ChemAnalyst report, “Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Carbon Black market observed a promising demand in the past five years and is predicted to reach 27.21 million tons by 2030, along with a healthy CAGR of 4.82% in the next ten years owing to their applications in automobile tires, industrial rubber products, Printing inks and toners, belts & hoses, Paints & coatings and others
Read Full Report Here: https://www.chemanalyst.com/industry-report/carbon-black-market-440
Carbon Black is an intense black form of amorphous carbon produced by the partial combustion of hydrocarbons (petroleum products) such as coal tar, fluid catalytic cracking tar, ethylene cracking tar or plant-based feedstock. It is classified into Rubber Black and Specialty Black based on its type. Carbon Black is used prominently as a reinforcing agent in tires and other rubber products as it increases resistance to abrasion and wear and tear coupled with its use to make rubber tires electrically conducting to avoid creation of an electrostatic charge in vehicles. It is also used extensively as black pigment in printing ink, carbon paper and paint as it is strongly tinted, heat labile and suitable for film coating, protective coatings thereby, contributing to the growing demand of the chemical. Moreover, carbon black is an excellent absorber of UV rays therefore added to other materials for the prevention of ultraviolet degradation.
Read Free Sample Report Online: https://www.chemanalyst.com/ChemAnalyst/RequestForm
In 2020, due to the outbreak of novel corona virus across the globe, nationwide lockdowns were imposed by the government to prevent the spread of the virus that resulted into the significant impact on various industries including the decline in the demand for Carbon Black globally due to major hit on automobile sector. Raw material scarcity and trade restrictions cause disruption in the production and the supply chain thereby a slump was observed in overall Carbon Black market across the nations in the first half of the 2020. However, after the upliftment of lockdown restrictions, all the downstream industries started functioning with their full efficacy coupled the surging demand from Printing industry helped to recover its market at a significant pace and is anticipated to propel the market for Carbon Black in the upcoming years. However, Carbon Black is a derivative of crude oil therefore, fluctuations in the prices of crude oil internationally would directly impact its price coupled with the emission of carbon dioxide during the production process are the major restraints in the market growth for Carbon Black.
Regionally, Asia Pacific region is perceived to lead the global market for Carbon Black in the forecast period owing to the growing use of Carbon Black in end use industries such as automotive, paint and coatings. In Automotive industry, it is utilized for the synthesis of tire and other products which is directly going to impel the demand for Carbon black in the forecast period.
Moreover, manufacturers are investing and expanding their production capacities into the region specially in China, India, Bangladesh, Vietnam, Indonesia due to cheap labor costs and assistance from government; thereby, contributing to the dominant share of the region in the upcoming years. Europe and North America are also anticipated to show a promising growth in the forecast period.
According to ChemAnalyst report, “Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Carbon Black globally include BASF SE, Shandong Hongxin Chemical co. Ltd., Stepan Company, Nan-Ya Plastics, Exxon Mobil Corporation, Aekyung Petrochemical, Polynt SPA, IG Petrochemicals, Asian Paints, Lanxess, Proviron Basic Chemicals, UPC Technology Corporation and Koppers Industries.
“Carbon Black is directly linked to Automotive and Plastics that are constantly growing sectors owing to the rising population and rapid industrialization, consequently driving the growth of Carbon Black industry. Its high demand from paints and coatings industry is likely to drive the market growth in the forthcoming years. Additionally, the rising focus of the automotive manufacturers towards the manufacturing of electric vehicles is expected to drive the demand for carbon black as it is a primary raw material in tire industry. With new competitors emerging across the Asian Carbon Black market, players are anticipated to be sufficient for fulfilling supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
Browse Related Reports
Specialty Carbon Black Market Analysis: Plant capacity, Production, Operating Efficiency, Process, Demand & Supply, Type, Application, Sales Channel, Region, Competition, Trade, Customer, and Price Intelligence Market Analysis (2015-2030)
https://www.chemanalyst.com/industry-report/specialty-carbon-black-441
EPDM Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030.
https://www.chemanalyst.com/industry-report/epdm-rubber-market-585
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