India Carbon Black Market Forecast and Opportunities 2020 - Global Shift towards Asia

Besides government's import barriers being in place, the market is hugely benefiting from the gradual shift of tyre manufacturing operations of various tyre majors into India . Availability of cheaper energy sources and lower taxesare the major reasons attracting the global tyre manufacturers to India . This trend is likely to boost the consumption of carbon black in the domestic market over the next five years. In line to this industry development, carbon black companies have also made significant R&D investments, which has led to the emergence of novel products and technologies over the last few years.

Carbon black is virtually a pure form of elemental carbon manufactured through incomplete combustion or thermal decomposition of heavy hydrocarbons. Being one of the most important industrial chemicals manufactured worldwide, carbon black finds application in an array of industrial goods and products including tyres, plastics, inks, coatings, etc. Tyre industry is the leading consumer of carbon black, globally, as the industry uses it as a reinforcing filler to improve the longevity of tyres. In India , carbon black market has been riding high on hefty taxes and duties imposed by the Indian government on foreign imports of carbon black. In addition, rising demand for high performance goods has also been driving the use of specialty carbon in India over the past few years. As a result, a large number of premier carbon black manufacturers have expanded their production capacity over the last few years.

Major carbon black manufacturers operating in India include Phillips Carbon Black Limited, SKI Carbon, Continental Carbon India, Cabot India, and Himadri Chemicals and Industries Limited.

1. Research Methodology

2. Analyst View

3. Carbon Black: Product Overview

4. Global Carbon Black Market Overview

5. India Carbon Black Market Outlook

6. Import and Export Analysis

7. Market Dynamics

8. Market Trends & Developments

9. Policy & Regulatory Landscape

10. India Economic Profile

11. Competitive Landscape

12. Strategic Recommendations

For more information visit http://www.researchandmarkets.com/research/jm2fb8/india_carbon

Laura Wood , +353-1-481-1716, press@researchandmarkets.net