The European Carbon Black market was struggling to maintain its margins as the economy battled to stand against the COVID-led headwinds. The third quarter outlook however, seemed to gain strength from the tyre applications as driving remained the preferred mode of transportation with people preferring to maintain stringent physical distancing amid surging cases. Demand for Carbon Black for manufacturing ink for printed materials remained an area of weakness, keeping the specialty Carbon Black sales largely pressured.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Carbon Black are analyzed and region-wise demand pattern is tracked.
Carbon black is composed of fine particles of carbon. It is produced from incomplete combustion of natural gas or petroleum, primarily residual heavy fuel oil from petroleum refining, coal tar distillation and Ethylene at temperatures above 2000 deg Fahrenheit. The characteristics of Carbon Black vary with the manufacturing process involved. Based upon variations in particle size, structure and purity, and the method of production, Carbon Black can be categorized into lampblack, furnace black, bone black, channel black, acetylene and thermal black. Furnace black dominates the global market, holding about 90% of global Carbon Black output with thermal black making up the remaining volume. Lampblack, bone black and acetylene black are the specialty products. Carbon Black is used as a reinforcing, pigmenting, UV stabilizing or conductive agent, mainly in rubber applications. More than 60% of the world’s Carbon Black is consumed in the tyre industry. Non-tyre rubber applications such as car hoses, tubes, belts and gaskets account for nearly 25% of the total demand, while the rest is consumed in specialty blacks used in paints and coatings, printing inks, plastics & toners.
