World carbon black demand to increase 4% annually.The global demand for carbon black is expected to grow at a 4% annual rate through the year 2009, almost matching projected gains in global rubber consumption, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new study by The Freedonia Group. The report says that consumption will reach almost 9.5 million metric tons. Consumption totalled 7.75 mmt in 2004. Tires account for more than two-thirds of carbon black consumption, and it is projected this sector will pass the six million metric ton mark in 2008. Non-tire rubber usage of carbon black is pegged to grow at a 4.3% rate in the same time period. Special blacks will offer the strongest gains. Comprising less than 9% of the overall carbon black market as measured in tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. , these blacks command considerably higher per-kilogram prices than commodity furnace furnace, enclosed space for the burning of fuel. There are many kinds of furnaces, the type depending upon the fuel and the use to which the heat produced within it is put. Most familiar are the furnaces used in the heating of buildings. blacks, and Freedonia says they will be the focus of research and development activity because, in addition to higher margins, a strong position in special blacks offers suppliers greater protection from the cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. nature of the rubber, tire and motor vehicle industries. Although demand for specialty blacks will remain concentrated in the plastics, inks and paints sectors, other uses such as conductive conductive having the quality of readily conducting electric current. conductive flooring flooring or floor covering made specially conductive to electrical current, usually by the inclusion of copper wiring that is earthed fillers will hold the best growth prospects through 2008. The Asia/Pacific region, excluding Japan, will post the strongest gains in carbon black demand through 2008. China and India will post impressive gains due to a continued rapid expansion in their respective motor vehicle and tire industries. These two countries saw the largest increases in new carbon black capacity over the 1998-2003 period, a trend that will continue through 2008 according to the study. Demand for carbon black in the developed part of the world will continue to post below-average gains through the time period, with Japan holding the weakest prospects. Freedonia projects that the U.S. market will recover significantly from the declines experienced during the 1998-2003 period. Sales growth in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). will also improve. In both North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Western Europe, carbon black capacity utilization rates Capacity utilization rate The percentage of the economy's total plant and equipment that is currently in production. Usually, a decrease in this percentage signals an economic slowdown, while an increase signals economic expansion. should increase through 2008 and exceed 90%, although neither region will approach the close to 100% capacity utilization rate in Japan.
World carbon black demand ('000 mt)
% annual growth
1999 2004 2009 04/99 09/04
North America 1,910 1,725 1,950 -2.0 2.5
Western Europe 1,390 1,485 1,655 1.3 2.2
Asia/Pacific 2,455 3,323 4,320 6.2 5.4
Other regions 945 1,217 1,525 5.2 4.6
Total world 6,700 7,750 9,450 3.0 4.0
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