What are the risk factors affecting the development of the carbon black industry?

The risk factors affecting the development of the carbon black industry are mainly due to the large fluctuations in raw material prices, which have brought certain difficulties to carbon black manufacturers to control costs and improve profitability. On the one hand, the sharp rise in raw material prices puts higher demands on the carbon turnover of carbon black enterprises; on the other hand, although carbon black enterprises can adjust the sales price of carbon black according to changes in raw material prices, the time and magnitude of price increases must be Influenced by the market supply and demand relationship, the timeliness and sufficiency of carbon black sales price adjustment are important factors affecting the profitability of carbon black enterprises. The price of raw materials is closely related to the global economic situation.

As the global economic situation remains grim, the growth of the carbon black industry is not significant. According to the data of China's carbon black industry market prospects and investment strategy planning analysis report, global carbon black production rose to 11.54 million tons in a year, with a slight increase. However, most of the new production in a year comes from China, and China's carbon black production growth rate is estimated to be about 6.3%. If China is not included, the total global carbon black production will actually decline slightly from the previous year.

According to statistics from all regions of the world, Asia-Pacific production accounts for about 60% of the world's total production; North America accounts for about 14%; Russia and Eastern Europe account for about 9%; Western Europe 7 countries account for about 7%; Central and South America accounts for about 6% Africa and the Middle East account for about 4%. In terms of national rankings, the world's top 10 carbon black producing countries are ranked as follows: China, the United States, Russia, India, Japan, South Korea, Brazil, Thailand, Germany and Italy.

China's carbon black industry has developed for 60 years. In the past 60 years, China's carbon black industry has experienced ups and downs, from small to large, from weak to strong. At present, China's carbon black production capacity and output are among the highest in the world. . Since 2006, China has replaced the United States as a country with a large global carbon black production. In 2002, China's carbon black production was only a little more than half of US production. Compared with the decline in US carbon black production, China has maintained an average annual growth rate of 21% over the past four years.

With the gradual recovery of the global economy and the continued growth of domestic carbon black market demand, the analysis believes that China's carbon black industry will face better development prospects. It is expected that domestic carbon black sales will reach 28.216 billion yuan in 2018.