Carbon black market to grow 2% in 2010

ERJ staff report (RD)

Limassol, Cyprus -- A new report entitled, Carbon Black (BC): World Market Outlook And Forecast, is predicting growth of 2 percent in the global carbon black market in 2010.

According to the report, “demand is forecast to be on the rise in 2010. Worldwide, the growth index is expected to show 2 percent, mounting 4.1 percent in the following years. Asia will remain the major producer, North America will experience some decline, the growth rate in Western Europe will also be modest, increasing output is planned in Eastern Europe,” an 18 June statement from Market Publishers said.

Published in May 2010, the report said global carbon black production capacity in 2008 amounted to 1.3 million tons.

The report's geographical breakdown by carbon black production capacities:

Europe - 25.4 percent;

Asia - 49.44 percent;

North America - 16.22 percent;

Latin America - 7.29 percent, and;

Africa - 1.77 percent.

In 2009, the production factor was calculated to account for 10 million tons per year, the statement said.

The 296-page report is available for around $3920, depending on delivery options.

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Carbon Black (BC): World Market Outlook And Forecast from Market Publishers