Research and Markets - Carbon Black in the Global Tire Industry 2015-2020: Major Supplers are Cabot, Birla Carbon, Orion Engineered Carbons, Sid Richardson Carbon & Energy & Philips Carbon Black
DUBLIN, May 13, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the " Carbon Black in the Global Tire Industry 2015-2020: Trends, Forecast and Opportunity Analysis" report to their offering.
According to a new market report, the future of carbon black for the global tire market looks good with opportunities in the passenger car, commercial vehicles, and others tire applications. Carbon black for the global tire market is forecast to grow at a CAGR of 5.6% from 2015 to 2020. The major drivers of growth for this market are strong demand for tires from passenger cars and commercial vehicles.
In this market, carbon black is used in the tires for the passenger cars, commercial vehicles and others applications. The author predicts that the demand for carbon black in commercial vehicles is likely to experience the significant growth in the forecast period supported by rapid development of the transportation infrastructure in emerging nation and recovery in global economy.
Within the carbon black for the global tire market, the replacement tire industry is expected to remain the largest segment over the forecast period. Rising average vehicle life and continuous expansion of automotive vehicle fleet is expected to spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest market due to the increase in production of passenger cars and light commercial vehicles in China and India. Asia Pacific and the Rest of the World are expected to witness good growth over the forecast period because of growth in automotive demand and increasing investment in tire production facilities in low cost countries.
For market expansion, the report suggests innovation and new product development, where the unique characteristics of carbon black can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for the end user.
Emerging trends, which have a direct impact on the dynamics of the industry, include the shift from commodity to more specialize grade carbon black, growing usage of recycled and bio-based carbon black and increasing merger and acquisition activities to consolidate the market. Cabot Corporation, Birla Carbon, Orion Engineered Carbons, Sid Richardson Carbon & Energy Co and Philips Carbon Black are among the major suppliers of carbon black for tire market. Some companies are opting for M&A as a strategic initiative for driving growth.
Key Topics Covered:
1. Executive Summary
2. Carbon Black in the Global Tire Industry Background and Classifications
2.1: Introduction
2.2: Industry Classification
2.3: Markets Served
2.4: Supply Chain of Carbon Black in the Global Tire Industry
3. Market Trend and Forecast Analysis
3.1: Current Market Analysis 2014
3.1.1: Carbon Black in the Global Tire Industry by Value and Volume
3.1.2: Carbon Black in the Global Tire Industry by Region
3.2: Market Trends from 2009 to 2014
3.2.1: Macroeconomic Trends
3.2.2: Trends of Carbon Black in the Global Tire Industry by Value and Volume
3.2.3: Trends of Carbon Black in the North American Tire Industry by Value and Volume
3.2.4: Trends of Carbon Black in the European Tire Industry by Value and Volume
3.2.5: Trends of Carbon Black in the APAC Tire Industry by Value and Volume
3.2.6: Trends of Carbon Black in the ROW Tire Industry by Value and Volume
3.3: Industry Drivers and Challenges
3.3.1: Drivers for Carbon Black in the Global Tire Industry
3.3.2: Challenges for Carbon Black in the Global Tire Industry
3.4: Market Forecast: 2015-2020
3.4.1: Macroeconomic Forecast
3.4.2: Forecast for Carbon Black in the Global Tire Industry by Value and Volume
3.4.3: Forecast for Carbon Black in the North American Tire Industry by Value and Volume
3.4.4: Forecast for Carbon Black in the European Tire Industry by Value and Volume
3.4.5: Forecast for Carbon Black in the APAC Tire Industry by Value and Volume
3.4.6: Forecast for Carbon Black in the ROW Tire Industry by Value and Volume
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Growth Leadership Analysis
4.4: Operational Integration
4.5: Geographical Reach
4.6: Porter's Five Forces Analysis
5. Growth Opportunity & Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for Carbon Black in the Global Tire Industry by Application
5.1.2: Growth Opportunities for Carbon Black in the Global Tire Industry by End Use
5.1.3: Growth Opportunities for Carbon Black in the Global Tire Industry by Region
5.2: Emerging Trends of Carbon Black in the Global Tire Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Expansion Strategy
5.4: Mergers and Acquisitions for Carbon Black in the Global Tire Market
6. Company Profiles of Leading Players
6.1: Birla Carbon
6.2: Orion Engineered Carbons
6.3: Cabot Corporation
6.4: Omsk Carbon Group
6.5: Philips Carbon Black
6.6: China Synthetic Rubber Corporation
6.7: Tokai Carbon Co Ltd
6.8: Sid Richardson Carbon & Energy Co
6.9: Jiangxi Black Cat Carbon Black Inc.
For more information visit http://www.researchandmarkets.com/research/k5qrcd/_carbon_black_in
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