China has become the global leader in carbon black demand growth

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Due to the strong demand from the tire industry, the global carbon black market will continue to grow in the next five years. According to the latest forecast by Notch Consulting Company, the average annual growth rate of this market in the next five years will reach 3.6%. In 2010, the global demand for carbon black will reach 10.8 million tons. Kim KT Pan, president of Continental Carbon Black, headquartered in Houston, United States, further stated that China will continue to be the world leader in carbon black demand growth, and India will also grow rapidly because of the rapid development of the Chinese and Indian automotive industry in the future, tires, rubber and Demand for other industrial rubber products will increase accordingly.
It is reported that the world's carbon black production capacity has exceeded 10,100,000 tons/year. Last year, the global carbon black plant operating rate was as high as 93%. It is expected that the market will maintain tight supply in the future, because demand growth will exceed the growth rate of production capacity. Noch Consulting pointed out that the tight supply of carbon black has promoted expansion and new construction projects, mainly in China, Brazil, India, Eastern Europe and Southeast Asia. Japan’s Bridgestone plans to build a 35,000-ton/year carbon black plant in Altamira, Mexico, by June 2008. US Continental Carbon Black plans to expand its 65,000-ton/year plant capacity in India next year. Doubled. Tokai Carbon Black Company of Tianjin put into operation a set of 40,000 tons/year of equipment last year and plans to carry out energy expansion in 2008. Another seven producers also plan to add 600,000 tons/year of new capacity this year, mainly in Asia and South America.
Carbon black is a widely used chemical product that can be used in the production of rubber, resins, printing inks, coatings, wires and cables, batteries, paper, pencils, pigments, etc., and as a reinforcing agent for various rubbers, especially tire rubbers. The most important use of carbon black is the manufacture of automobile tires.
According to statistics, about 70% of the global carbon black is used for the manufacture of tires, 20% is used for the production of other rubber products, and less than 10% is used for plastic additives, dyes, printing inks and other industries. Of the other rubber products used, half are used to make automotive parts such as belts and shock-proof rubber, so about 80% of carbon black is consumed in the automotive industry. In Japan, for example, in 2001, domestic demand for 782,000 tons of carbon black, 737,000 tons for rubber products, accounting for 94.2% of the total amount, of which the amount of tires used 581,000 tons, accounting for 74.3%, and another 10% For automotive parts and so on. In the United States, 71% of its carbon black demand is for tires, 22% for industrial rubber, and only about 7% for inks, coatings, and plastics.

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