Carbon black 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.
Emerging trends, which have a direct impact on the dynamics of the carbon black tire 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.
A total of 136 figures / charts and 46 tables are provided in this 193-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the carbon black tire market report, download the report brochure.
The study includes carbon black tire market size and forecast of carbon black tire market through 2021, segmented by application, end use industry and region as follows:
Carbon black tire market by Application [volume (Kiloton) and $M shipment analysis for 2009 – 2020]:
Passenger Car Tire Commercial Vehicles Tire Others
Carbon black tire market by end user industry volume (Kiloton) and $M shipment analysis for 2009 – 2020]:
Carbon black tire market by region [volume (Kiloton) and $M shipment analysis for 2009 – 2020]:
North America Europe Asia Pacific Rest of World
Carbon black tire companies profiled in this market report include Cabot Corporation, Birla Carbon, Orion Engineered Carbons, Sid Richardson Carbon & Energy Co and Philips Carbon Black are among the major suppliers of carbon black for tire market. Some companies are opting for M&A as a strategic initiative for driving growth.
Lucintel predicts that the carbon black tire demand for carbon black in commercial vehicles is likely to experience the significant growth in the forecast period supported by rapid development of the transportation infrastructure in emerging nation and recovery in global economy. In this market, carbon black is used in the tires for the passenger cars, commercial vehicles and others applications.
Within the carbon black tire market, the replacement tire industry is expected to remain the largest segment over the forecast period. Rising average vehicle life and continuous expansion of automotive vehicle fleet is expected to spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest market due to the increase in production of passenger cars and light commercial vehicles in China and India. Asia Pacific and the Rest of the World are expected to witness good growth over the forecast period because of growth in automotive demand and increasing investment in tire production facilities in low cost countries.
Some of the features of “Global Carbon black tire market 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Carbon black tire market size estimation in terms of volume (kt) and value ($M) shipment.Trend and forecast analysis: Carbon black tire market trend (2009-2014) and forecast (2015-2020) by region and segment.Segmentation analysis: Carbon black tire market size by various application types such as passenger car, commercial vehicle, and others; and by end use such as replacement tires and OEM’s tires both in terms of volume and value shipment.Regional analysis: Carbon black tire market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.Growth opportunities: Analysis on growth opportunities in different applications and regions of carbon black tire market.Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of carbon black tire suppliers. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1: What are some of the potential, high-growth opportunities for carbon black tire market?
by end user industry and regions?
Q.2: Which segments will grow at a faster pace and why?
Q.3: Which regions will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5: What are the business risks and threats to the market?
Q.6: What are emerging trends in this market and reasons behind them?
Q.7: What are some changing demands of customers in the carbon black tire market?
Q.8: What are the new developments in the market? Which carbon black tire companies are leading these developments?
Q.9: Who are the major carbon black tire suppliers? What strategic initiatives are being implemented by key players for business growth?
Q.10: What are some of the competitive products and processes of carbon black tire companies in this area and how big of a threat do they pose for loss of market share via materials / product substitution
Q.11: What are M & A activities in the last 5 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?