Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others), By Grade (Standard, Specialty), By Application (Tires, High-performance Coatings, Plastics, Others) And Competitive Landscape
Product Code: ETC078619 | Publication Date: Aug 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Carbon Black Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate | 2.8% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Type, By Grade, By Application |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Europe Carbon Black Market report thoroughly covers the market by countries, by type, by grade, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Carbon Black Market forecast to grow during the forecast period. Environmental sustainability and compliance with regulations will be crucial factors shaping the industry's future. In general, carbon black is a critical industrial material used in various applications, primarily as a reinforcing filler in rubber products. The Europe Carbon Black Market growth is influenced by factors such as industrialization, automotive production, and the demand for specialty applications. The carbon black industry faces challenges related to environmental impact, necessitating cleaner and more sustainable production methods.
According to 6Wresearch, the Europe Carbon Black Market is anticipated to grow at a growth rate of 2.8% during the forecast period of 2023-2029. The European carbon Black market exhibits a dynamic landscape driven by burgeoning demand from automotive, rubber, and plastic industries. As these sectors continue to grow, particularly in emerging economies, the demand for carbon black, a crucial reinforcing agent, is set to rise over the coming years. Additionally, stringent environmental regulations in the region have spurred a transition towards sustainable and eco-friendly alternatives. This has led to a surge in research and development efforts to produce green carbon black, presenting a notable opportunity for market players. However, the development and commercialization of sustainable carbon black alternatives require substantial investments and technological advancements. Moreover, the Europe Carbon Black market size is inclined to fluctuations in crude oil prices, as carbon black is predominantly derived from petroleum feedstock.
Some of the key policies introduced by the government includes;
EU Emissions Trading System (EU ETS): This is one of the key policies intended to reduce greenhouse gas emissions in the European Union. It sets a cap on the total emissions from certain sectors and allows companies to buy or sell emission allowances.
Circular Economy Action Plan: The European Commission has adopted an action plan to promote circular economy practices which can influence industries.
REACH Regulation: REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) is a comprehensive regulation governing the production and use of chemicals in the EU.
The pandemic led to disruptions in global supply chains, affecting the availability of raw materials and impacting production schedules in the Europe carbon black industry. The economic downturn and restrictions on movement during the pandemic influenced demand for carbon black in automotive and manufacturing sectors. Moreover, companies in the carbon black sector faced operational challenges due to workforce disruptions, health and safety measures, and other pandemic-related issues.
Some of the leading Players in the Europe Carbon Black Market includes;
Cabot Corporation
Orion Engineered Carbons S.A.
Birla Carbon
Solvay SA
Phillips Carbon Black Limited
By countries, Germany is the largest market due to its robust manufacturing sector, followed by the United Kingdom and France.
By type, the Furnace black is likely to dominate the Europe Carbon Black Market 2023, as it is the most commonly used type of carbon black across various industries. However, the channel black and thermal black is predicted to experience significant growth, especially in high-performance applications.
By grade, the specialty grade carbon black is expected to grow as industries seek high-performance and customized solutions for applications.
According to Shivam, Research Analyst, 6Wresearch, the tire industry is a major consumer of carbon black and is projected to dominate the Europe Carbon Black Market share. On the other hand, High-performance coatings and plastics are anticipated to witness substantial growth, driven by increased demand in automotive, construction, and industrial sectors.
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022.
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Carbon Black Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Carbon Black Market Revenues & Volume, 2019 & 2029F |
3.3 Europe Carbon Black Market - Industry Life Cycle |
3.4 Europe Carbon Black Market - Porter's Five Forces |
3.5 Europe Carbon Black Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Carbon Black Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.7 Europe Carbon Black Market Revenues & Volume Share, By Grade, 2022 & 2029F |
3.8 Europe Carbon Black Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Europe Carbon Black Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Carbon Black Market Trends |
6 Europe Carbon Black Market, 2019 - 2029 |
6.1 Europe Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
6.2 Europe Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
6.3 Europe Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
7 Germany Carbon Black Market, 2019 - 2029 |
7.1 Germany Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
7.2 Germany Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
7.3 Germany Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
8 United Kingdom Carbon Black Market, 2019 - 2029 |
8.1 United Kingdom Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
8.2 United Kingdom Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
8.3 United Kingdom Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
9 France Carbon Black Market, 2019 - 2029 |
9.1 France Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
9.2 France Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
9.3 France Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
10 Italy Carbon Black Market, 2019 - 2029 |
10.1 Italy Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
10.2 Italy Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
10.3 Italy Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Russia Carbon Black Market, 2019 - 2029 |
11.1 Russia Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
11.2 Russia Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
11.3 Russia Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
12 Spain Carbon Black Market, 2019 - 2029 |
12.1 Spain Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
12.2 Spain Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
12.3 Spain Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
13 Rest of Europe Carbon Black Market, 2019 - 2029 |
13.1 Rest of Europe Carbon Black Market, Revenues & Volume, By Type, 2019 - 2029 |
13.2 Rest of Europe Carbon Black Market, Revenues & Volume, By Grade, 2019 - 2029 |
13.3 Rest of Europe Carbon Black Market, Revenues & Volume, By Application, 2019 - 2029 |
14 Europe Carbon Black Market Key Performance Indicators |
15 Europe Carbon Black Market - Opportunity Assessment |
15.1 Europe Carbon Black Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Carbon Black Market Opportunity Assessment, By Type, 2022 & 2029F |
15.3 Europe Carbon Black Market Opportunity Assessment, By Grade, 2022 & 2029F |
15.4 Europe Carbon Black Market Opportunity Assessment, By Application, 2022 & 2029F |
16 Europe Carbon Black Market - Competitive Landscape |
16.1 Europe Carbon Black Market Revenue Share, By Companies, 2020 |
16.2 Europe Carbon Black Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |