World Carbon Black

SUMMARY

Global demand to rise 4.2% annually through 2011

World carbon black demand is forecast to rise 4.2 percent per year through 2011 to eleven million metric tons, bolstered by a healthy global rubber market over the same period. The vast majority of carbon black finds use as a reinforcement in vulcanized rubber goods, including around two-thirds for tires alone. Carbon black demand from the tire sector is projected to increase 4.2 percent per year through 2011 to 7.1 million metric tons. The smaller non-tire rubber carbon black market will expand 4.0 percent per year through 2011 to 2.8 million metric tons.

Asia/Pacific region to post strongest market gains

The Asia/Pacific region, excluding Japan, will post the strongest gains in carbon black demand through 2011. The large markets of China and India will post particularly impressive gains due to a continuing rapid expansion in their respective motor vehicle and tire industries that will be driven by robust economic growth in both nations. China and India saw the largest increases in new carbon black capacity among all countries of the world over the 2001-2006 period, a trend that should continue through 2011.

Demand for carbon black in the developed parts of the world will continue to post below-average gains through 2011, with the large US and Japanese markets holding particularly weak prospects. Carbon black sales growth in Western Europe will recover from recent declines, but continue to significantly lag the global average through 2011. In most developed markets, carbon black capacity utilization rates will remain at 95 percent or higher, since new plant construction activity has reached a standstill in light of limited and uncertain growth prospects.

North America and Western Europe, which produced close to half of the world's carbon black in 1996, will account for just 28 percent in 2011. Conversely, the Asia/Pacific region, which produced 36 percent of the world's carbon black in 1996, will provide 51 percent in 2011. Asia and Latin America will account for a majority of new carbon black capacity through 2011.

TABLE OF CONTENTS

INTRODUCTION

I. EXECUTIVE SUMMARY

II. MARKET ENVIRONMENT

• General
• World Economic Overview
  • Recent Economic Performance
  • World Economic Outlook
• World Demographic Outlook
  • World Population Outlook
  • World Urban Population Outlook
• World Motor Vehicle Outlook
  • Motor Vehicle Production Trends
  • Motor Vehicles in Use
• Tire Industry Overview
• Rubber Consumption by Region
• Carbon Black Pricing Trends
• Regulatory & Environmental Considerations
• Competitive Materials

III. SUPPLY & DEMAND

• General
• Capacity by Region
• Expansion Activity
  • Recent Expansions
  • Proposed Expansions
• Production by Region
• Trade by Region
• Demand by Region
• Carbon Black & Rubber Relationship

IV. DEMAND BY MARKET

• General
• Tire & Tire Component Markets
• Non-Tire Rubber Product Market
• Market for Special Blacks

V. NORTH AMERICA

• General
  • North America: Supply & Demand
  • North America: Producers & Capacity
• United States
• Canada
• Mexico

VI. WESTERN EUROPE

• General
  • Western Europe: Supply & Demand
  • Western Europe: Producers & Capacity
• France
• Germany
• Italy
• Netherlands
• Spain
• United Kingdom
• Other Western Europe

VII. ASIA/PACIFIC

• General
  • Asia/Pacific: Supply & Demand
  • Asia/Pacific: Production Capacity by Country
  • Asia/Pacific: Production Capacity by Company
• China
• India
• Indonesia
• Japan
• Malaysia
• South Korea
• Taiwan
• Thailand
• Other Asia/Pacific

VIII. OTHER REGIONS

• Latin America
  • Latin America: Supply & Demand
  • Latin America: Producers & Capacity
  • Argentina
  • Brazil
  • Other Latin America
• Eastern Europe
  • Eastern Europe: Supply & Demand
  • Eastern Europe: Producers & Capacity
  • Czech Republic
  • Poland
  • Russia
  • Other Eastern Europe
• Africa/Mideast
  • Africa/Mideast: Supply & Demand
  • Africa/Mideast: Producers & Capacity
  • Egypt
  • Iran
  • South Africa
  • Turkey
  • Other Africa/Mideast

IX. INDUSTRY STRUCTURE

• General
• Industry Composition & Market Share
• Overview of Leading Suppliers
  • Cabot Corporation
  • Degussa AG
  • Columbian Chemicals
  • Other Producers
• Acquisitions & Divestitures
• Cooperative Agreements
• Research & Development
• Marketing & Competitive Strategies

• COMPANY PROFILES
  • Aditya Birla Group
  • Alexandria Carbon Company SAE, see Aditya Birla Group
  • Amtel-Vredestein NV
  • Asahi Carbon Company Limited, see Bridgestone Corporation
  • Bridgestone Corporation
  • Cabot Corporation
  • China Synthetic Rubber Corporation
  • Columbian Chemicals Company, see DC Chemical
  • Continental Carbon Company, see China Synthetic Rubber Corporation
  • DC Chemical Company Limited
  • Degussa AG, see RAG AG
  • Freeport-McMoRan Copper & Gold Incorporated
  • Hebei Longxing Chemical Group Company Limited
  • Hi-Tech Carbon, see Aditya Birla Group
  • Indian Rayon and Industries Limited, see Aditya Birla Group
  • Jiangxi Black Cat Carbon Black Company Limited
  • Koppers Holdings Incorporated
  • Mexico Carbon Manufacturing SA de CV, see Bridgestone Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Negroven SA, see Cabot Corporation
  • Nhumo SA de CV, see Cabot Corporation
  • Nigerian National Petroleum Corporation
  • Nippon Steel Corporation
  • Phelps Dodge Corporation, see Freeport-McMoRan Copper & Gold Incorporated
  • Phillips Carbon Black Limited
  • RAG AG
  • Richardson (Sid) Carbon and Energy Limited
  • SA Carbon Company Limited, see Bridgestone Corporation and Nippon Steel Corporation
  • Thai Carbon Black Public Company Limited, see Aditya Birla Group
  • Tokai Carbon Company Limited
• Additional Carbon Black Producers

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

• Summary Table

SECTION II -- MARKET ENVIRONMENT

• 1 World Gross Domestic Product by Region
• 2 World Population by Region
• 3 World Urban Population by Region
• 4 World Motor Vehicle Industry Overview
• 5 Motor Vehicle Production by Region
• 6 Motor Vehicles in Use by Region
• 7 World Rubber Consumption by Region

SECTION III -- SUPPLY & DEMAND

• 1 World Carbon Black Supply & Demand
• 2 World Carbon Black Capacity by Region, Year-End 2006
• 3 World Carbon Black Production by Region
• 4 World Carbon Black Net Exports by Region
• 5 World Carbon Black Demand by Region

SECTION IV -- DEMAND BY MARKET

• 1 World Carbon Black Demand by Market
• 2 Tire Market for Carbon Black
• 3 Non-tire Rubber Product Market for Carbon Black
• 4 Special Black Demand by Market

SECTION V -- NORTH AMERICA

• 1 North America -- Carbon Black Supply & Demand
• 2 North America -- Carbon Black Capacity by Country & Company, Year-End 2006
• 3 United States -- Carbon Black Supply & Demand
• 4 United States -- Carbon Black Capacity by Company, Year-End 2006
• 5 Canada -- Carbon Black Supply & Demand
• 6 Canada -- Carbon Black Capacity by Company, Year-End 2006
• 7 Mexico -- Carbon Black Supply & Demand

SECTION VI -- WESTERN EUROPE

• 1 Western Europe -- Carbon Black Supply & Demand
• 2 Western Europe -- Carbon Black Capacity by Country & Company, Year-End 2006
• 3 France -- Carbon Black Supply & Demand
• 4 France -- Carbon Black Capacity by Company, Year-End 2006
• 5 Germany -- Carbon Black Supply & Demand
• 6 Germany -- Carbon Black Capacity by Company, Year-End 2006
• 7 Italy -- Carbon Black Supply & Demand
• 8 Italy -- Carbon Black Capacity by Company, Year-End 2006
• 9 Netherlands -- Carbon Black Supply & Demand
• 10 Netherlands -- Carbon Black Capacity by Company, Year-End 2006
• 11 Spain -- Carbon Black Supply & Demand
• 12 United Kingdom -- Carbon Black Supply & Demand
• 13 United Kingdom -- Carbon Black Capacity by Company, Year-End 2006
• 14 Other Western Europe -- Carbon Black Supply & Demand

SECTION VII -- ASIA/PACIFIC

• 1 Asia/Pacific -- Carbon Black Supply & Demand
• 2 Asia/Pacific -- Carbon Black Production Capacity by Country, Year-End 2006
• 3 Asia/Pacific -- Carbon Black Capacity by Company, Year-End 2006
• 4 China -- Carbon Black Supply & Demand
• 5 China -- Carbon Black Capacity by Company, Year-End 2006
• 6 India -- Carbon Black Supply & Demand
• 7 India -- Carbon Black Capacity by Company, Year-End 2006
• 8 Indonesia -- Carbon Black Supply & Demand
• 9 Indonesia -- Carbon Black Capacity by Company, Year-End 2006
• 10 Japan -- Carbon Black Supply & Demand
• 11 Japan -- Carbon Black Capacity by Company, Year-End 2006
• 12 Malaysia -- Carbon Black Supply & Demand
• 13 South Korea -- Carbon Black Supply & Demand
• 14 South Korea -- Carbon Black Capacity by Company, Year-End 2006
• 15 Taiwan -- Carbon Black Supply & Demand
• 16 Thailand -- Carbon Black Supply & Demand
• 17 Thailand - Carbon Black Capacity by Company, Year-End 2006
• 18 Other Asia/Pacific -- Carbon Black Supply & Demand

SECTION VIII -- OTHER REGIONS

• 1 Latin America -- Carbon Black Supply & Demand
• 2 Latin America -- Carbon Black Capacity by Country & Company, Year-End 2006
• 3 Argentina -- Carbon Black Supply & Demand
• 4 Brazil -- Carbon Black Supply & Demand
• 5 Brazil -- Carbon Black Capacity by Company, Year-End 2006
• 6 Other Latin America -- Carbon Black Supply & Demand
• 7 Other Latin America -- Carbon Black Capacity by Company, Year-End 2006
• 8 Eastern Europe -- Carbon Black Supply & Demand
• 9 Eastern Europe -- Carbon Black Capacity by Country & Company, Year-End 2006
• 10 Czech Republic -- Carbon Black Supply & Demand
• 11 Poland -- Carbon Black Supply & Demand
• 12 Poland -- Carbon Black Capacity by Company, Year-End 2006
• 13 Russia -- Carbon Black Supply & Demand
• 14 Other Eastern Europe -- Carbon Black Supply & Demand
• 15 Other Eastern Europe -- Carbon Black Capacity, Year-End 2006
• 16 Africa/Mideast -- Carbon Black Supply & Demand
• 17 Africa/Mideast -- Carbon Black Capacity by Country & Company, Year-End 2006
• 18 Egypt -- Carbon Black Supply & Demand
• 19 Iran -- Carbon Black Supply & Demand
• 20 South Africa -- Carbon Black Supply & Demand
• 21 Turkey -- Carbon Black Supply & Demand
• 22 Other Africa/Mideast -- Carbon Black Supply & Demand

SECTION IX -- INDUSTRY STRUCTURE

• 1 Sales of Selected Carbon Black Manufacturers, 2006
• 2 World Carbon Black Capacity by Company, Year-End 2006
• 3 Cabot -- Carbon Black Capacity by Plant, Year-End 2006
• 4 Degussa -- Carbon Black Capacity by Plant, Year-End 2006
• 5 Columbian Chemicals -- Carbon Black Capacity by Plant, Year-End 2006
• 6 Other Companies -- Carbon Black Capacity, Year-End 2006
• 7 Selected Acquisitions & Divestitures
• 8 Selected Cooperative Agreements

LIST OF CHARTS

SECTION III -- SUPPLY & DEMAND

• 1 World Carbon Black Production Share Increase by Country, 2006-2011
• 2 Relationship Between Carbon Black Demand Per Capita & Rubber Demand Per Capita

SECTION IX -- INDUSTRY STRUCTURE

• 1 World Carbon Black Market Share by Company, 2006