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The future of the carbon black market in South Korea looks promising with opportunities in the transportation, industrial, and building and construction sectors. The major drivers for this market are increasing tire production and growth in plastic and coating market.
Emerging trends, which have a direct impact on the dynamics of the industry, include growing usage of recycled and bio-based carbon black and a shifting focus from commodities to more specialized grades of carbon black.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of carbon black market in South Korea report download the report brochure.
Carbon Black Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Carbon Black Market in South Korea:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the carbon black market in South Korea through 2025, segmented by application type, grade, end use industry, and attributes as follows:
Carbon Black Market by Application Type [$M shipment analysis from 2014 to 2025]:
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Tire Rubber
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Non-Tire Rubber
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Plastic
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Ink
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Coating
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Others
Carbon Black Market by End Use Industry [$M shipment analysis from 2014 to 2025]:
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Transportation
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Industrial
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Building and Construction
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Printing and Packaging
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Others
Carbon Black Market by Grade [$M shipment analysis from 2014 to 2025]:
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Commodity Carbon Black
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Specialty Carbon Black
Carbon Black Market by Attribute Type [$M shipment analysis from 2014 to 2025]:
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Reinforcement
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Coloring (Pigmentation)
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Conductivity
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UV Protection
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Others
Lucintel predicts that carbon black for tire rubber will remain the largest application over the forecast period supported by increasing demand for passenger cars and light commercial vehicles. Lucintel forecasts that the plastic is expected to witness the highest growth over the forecast period due to growth in the plastic pipes, wire & cable, and packaging market.
Within the carbon black market, transportation will remain the largest end use industry during the forecast period supported by increasing demand for the tire and mechanical rubber goods. Lucintel predicts that the demand for carbon black in the packaging end use is likely to experience the highest growth in the forecast period supported by growth in the food and beverages, household products, personal care, and pharmaceuticals sectors.
Some of the features of “Opportunities for the Carbon Black Market in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Carbon black market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application type, grade, end use industry, and attributes.
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Segmentation analysis: Carbon black market size by end use industry, grade, application, and attribute type in terms of value shipment.
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Growth opportunities: Analysis on growth opportunities in different application type, grade, end use industry, and attributes of carbon black in the carbon black market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the carbon black market in South Korea by application (tire rubber, non-tire rubber, plastic, ink, coating, and others), end use industry (transportation, industrial, building and construction, printing and packaging, and others), and grade (commodity carbon black and specialty carbon black)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the carbon black market?
Q.4 What are the business risks and threats to the carbon black market?
Q.5 What are the emerging trends in this carbon black market and reasons behind them?
Q.6 What are some changing demands of customers in the carbon black market?
Q.7 What are the new developments in the carbon black market? Which companies are leading these developments?