Please Wait.....
Report
Europe Carbon Black Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 100 Pages I Mordor Intelligence
The Europe Carbon Black Market is estimated to reach over 2,120 Kilotons by the end of this year and is projected to register a CAGR of over 2.5% during the forecast period.
The market was/is negatively impacted due to the COVID-19 pandemic in the region, including decreased demand and productivity, supply chain disruptions, and regional lockdowns; however, the market showed significant growth in 2021 and continued to grow in 2022.
Key Highlights
Over the medium term, the major factor driving the market studied is the growing tire industry in Europe, growing application in fiber and textile industries, and increasing market penetration of specialty carbon black.
On the flip side, the rising prominence of green tires and volatility in the prices of raw materials are the key factors anticipated to restrain the growth of the target industry over the forecast period.
Adopting electric cars will likely create lucrative growth opportunities for the market soon.
Germany dominated the market across the region due to the most significant production of tires. Also, the region is projected to witness the fastest growth during the forecast period.
Europe Carbon Black Market Trends
Increasing Application for Tires and Industrial Rubber Products
Carbon black is used as a filler in rubber; it dramatically improves abrasion resistance and tensile strength, resulting in a tire that lasts longer.
Furthermore, the carbon black helps conduct heat away from the tread and belts of the tires, extending the tire's lifespan. The carbon black also protect the tires from UV radiation and ozone, which can affect tire life.
Carbon black in tires has the benefit of making rubber compositions more electrically conductive. According to chemical engineers, a tire built without carbon black would likely last 5000 miles or less. As a result, most drivers would have to replace their tires one to two times per year, which would be undesirable to most consumers.
Other than tires, carbon black is also required for various molded and extruded industrial rubber products, such as conveyor belts, gaskets, air springs, grommets, vibration isolation devices, and hoses. It provides flex strength in such products.
Europe has more than 91 tire manufacturing facilities, 15 R&D centers, and 12 leading tire manufacturers which are currently in operation. Furthermore, the production and sales of passenger cars, light commercial vehicles, and medium and heavy commercial vehicles in all of Western, Central, and Eastern Europe are expected to increase in the near future.
As per the stats released by The European Tyre & Rubber Manufacturers Association (ETRMA), the replacement tire market registered a positive growth rate in 2021. The consumer (passenger cars, SUVs, and light commercial vehicles), truck, and motor & scooter segments reported 14%, 12%, and 14% growth respectively.
Therefore, considering the aforementioned factors, the demand for carbon black is expected to rise from the tires and industrial rubber products segment during the forecast period.
Germany to Dominate the Market
Germany is expected to be the leading market for carbon black in Europe. The increasing demand for carbon black from various end-use industries, such as tire, rubber, printing inks, and plastic, is expected to drive the carbon black market in Germany.
Germany is the largest producer of general rubber goods (GRG) and tires in Europe. Continental AG, Dunlop GmbH, Michelin Reifenwerke AG & Co KGaA, Pirelli Deutschland GmbH, Freudenberg Group, etc., are some of the major manufacturers of the tire and non-tire products in the country. The major players in the German tire industry are expanding and contracting simultaneously in response to market changes in Europe.?
Germany has the most prominent automotive industry in Europe. The country leads the European automotive market, with 41 assembly and engine production plants that contribute to one-third of the total automobile production in Europe.
According to OICA (International Organization of Motor Vehicle Manufacturers), in 2021, the country produced 33,08,692 vehicles, which decreased by 12% from the previous year; thereby, it restricted the demand for carbon black from this segment in the short term.??
However, to advance the automotive sector in Germany and improve its current situation, the new coalition government in November 2021 announced a target to bring in 15 billion battery electric vehicles in the country by 2030, equivalent to around 1.6 million battery vehicles a year. The initiatives are expected to bolster the demand for chemicals and materials in the automotive sector, including carbon black.
In 2022, Eppstein, a Germany-based specialist in Printing ink, innovated a new plastic for its UV inks and coatings along with its long-term supplier of packaging material, GFV Verschlusstechnik GmbH & Co. KG. Smart printing solutions, ink for all substrates, and digital printing technology are likely to drive the growth of the printing inks market in Germany, thereby positively affecting the demand for carbon black utilized in this segment.
Such positive attributes are expected to drive the market for carbon black in Germany through the forecast period.
Europe Carbon Black Market Competitor Analysis
The Europe Carbon Black Market is consolidated in nature. Some of the major players in the market (in no particular order) include Cabot Corporation, Mitsubishi Chemical Corporation, Omsk Carbon Group, Orion Engineered Carbons, and Imerys Graphite & Carbon.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Tire Industry in Europe
4.1.2 Growing Application in Fiber and Textile Industries
4.1.3 Increasing Market Penetration of Specialty Black
4.2 Restraints
4.2.1 Rising Prominence of Green Tires
4.2.2 Volatility in Prices of Raw Materials
4.3 Industry Value-Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Furnace Black
5.1.2 Gas Black
5.1.3 Lamp Black
5.1.4 Thermal Black
5.2 Application
5.2.1 Tires and Industrial Rubber Products
5.2.2 Plastics
5.2.3 Toners and Printing Inks
5.2.4 Coatings
5.2.5 Textile Fibers
5.2.6 Other Applications
5.3 Geography
5.3.1 Germany
5.3.2 United Kingdom
5.3.3 Italy
5.3.4 France
5.3.5 Russia
5.3.6 Rest of Europe
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/ Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Birla Carbon
6.4.2 Black Bear Carbon B.V.
6.4.3 Cabot Corporation
6.4.4 Cancarb
6.4.5 Carbon Black Kft.
6.4.6 Continental Carbon Company
6.4.7 Imerys Graphite & Carbon
6.4.8 Mitsubishi Chemical Corporation
6.4.9 Omsk Carbon Group
6.4.10 Orion Engineered Carbons
6.4.11 PHILLIPS CARBON BLACK LIMITED
6.4.12 Tokai Carbon Co. Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growth in the Adoption of Electric Cars
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security