Portland, OR, January 30, 2014 --(PR.com
)-- Tech Archival analysts have explored that most of the carbon black manufacturing units in the western world, especially in North America and Europe, are being forced to shut down their operations because of the heavy competition they are facing from low cost Asian manufacturers. This has resulted in shift of global carbon black manufacturing capacities towards Asia, fueling the growth of new manufacturing capacities especially in China and India. It is expected that by 2015, nearly 65% of the global carbon black demand will come from Asia only which will further strengthen region’s position as the largest producer and consumer of carbon black.
Benefiting from this global shift, the Chinese carbon black market recorded total sales volumes of more than 3 million tons and generated nearly US$ 5 billion in revenues in 2013. Likewise, the total domestic production volumes and export volumes grew incessantly, continuing China’s presence as the world’s largest producer and net exporter of carbon black by 2013.
With an abundance of resources, significant foreign investment, and a favourable business climate, China has rapidly transformed itself into world’s fastest-growing economy. Benefiting from this positive environment in the country, a large number of players entered into carbon black manufacturing and have been successful in operating scale economies which allows them to offer large quantities of low priced carbon black.
Since Chinese manufacturers are receiving good profit margins, it is also driving the market growth to reach higher levels. Tech Archival estimates that performance of the Chinese carbon black market will continue growing steadily right through 2018, reaching annualized revenues close to US$ 7 billion in 2018.
Companies discussed include: Jiangxi Black Cat Carbon Black Co. Ltd., Cabot China Ltd., LongXing Chemical Stock Co. Ltd., Suzhou Baohua Carbon Black Co. Ltd., Shandong Huadong Rubber Materials Co. Ltd., China Synthetic Rubber Corporation, Liaoning Birla Carbon Co. Ltd., and Shanxi Heima Carbon Black Co. Ltd.To download a copy of this report or to browse report content, kindly click on this link
Why you should purchase a copy of ‘China Carbon Black: Assessment, Opportunities & Forecast Up-to 2018’
**Stay one step ahead with the best quality & timely information up-to previous year end (Dec, 2013) published in 2014.
**Save your precious time as you can discover complete insights including market value, market volume, market share, CAGR, market dynamics, trends & developments, threats & opportunities, competitive landscape, economic and company profiles and more, all aggregated & explored in one document.
**Find out exclusive historic and forecast statistics from 2008 to 2018 clearly presented in a long list of charts, graphs and tables that helps you draw conclusions with ease.
**Take prints for your employees or include report content as reference in presentations, reports, marketing mix and many more. In addition, you can also keep the report in your tablet or smartphone so that you can access it from anywhere.