United States Carbon Black Market to Grow at a CAGR of 4.5% Through 2020, Says TechSci Research

摘要

According to recently published TechSci Research report "United States Carbon Black Market Forecast & Opportunities, 2020", the carbon black market in the US is forecast to grow at a CAGR of 4.5% during 2015-20. Major factors driving growth in the carbon black market in the US include favorable business environment, increase in number of tire manufacturing facilities coupled with rising demand for carbon black from various allied industries such as rubber, paints and coatings. US is the second largest producer and consumer of carbon black, globally. The domestic carbon black industry is highly consolidated, with leading players such as Sid Richardson, Cabot Corporation, Orion Engineered Carbons, Continental Carbon and Birla Carbon accounting for over 90% of the market share.