The Carbon Black Association of Japan recently compiled a forecast for carbon black demand in 2023, which is expected to be 727,250 tons, up 3.4% from the previous year. This is based on economy showing signs of improvement, such as a recovery in consumer behavior, a resurgence in capital investment, and an increase in exports, as the coronavirus pandemic has...
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Japan’s Carbon Black Association Forecasts Demand up 5% in Midyear Review
Japan’s Carbon Black Association has in its mid-year review of carbon black demand revised its forecast of total demand – including exports – for the year to 754,670 tons, up 5.0 percent from the previous year. This marks a downward revision of 0.4 points from the initial forecast of 757,840 tons, which would have seen an increase of 5.4 percent....
Carbon Black Demand Expected to Rise 6.4% for 2022
Japan’s Carbon Black Association has released a forecast of the country’s carbon black demand for 2022, including exports. This points to total demand in the market increasing 6.4 percent year-on-year to 757,840 tons. Looking at carbon black demand for rubber applications specifically, the Carbon Black Association has projected demand growth of 6.8 percent year-on-year to 667,486 tons, including exports. This...
Japan’s Total Carbon Black Demand Expected to Fall 0.6% for 2020
Japan’s total demand for carbon black is expected to drop for a second consecutive year, according to a recent forecast from the country’s Carbon Black Association. Including exports, demand here is estimated at 775,218 tons for 2020, which would mark a year-on-year decline of 0.6 percent. Demand for rubber applications – this being calculated based on forecasts of customer sectors...
Carbon Black Association Points to International Competition at 70th Anniversary Event
Japan’s Carbon Black Association held its 21st annual convention on Oct. 9, commemorating the association’s 70th anniversary since its 1948 establishment and providing discussion on issues in the industry. Speaking at the event, Hajime Nagasaka – head of the Carbon Black Association and President at Tokai Carbon Co. Ltd. (TYO:5301) – commented on the competitive environment currently facing the industry...
Carbon Black Association Makes Upward Revision to 2018 Demand Forecast
The Carbon Black Association has upwardly revised its demand forecast for carbon black in a midyear revision. Under the association’s new estimates, total demand for domestic product this year – including exports – is now set to hit 765,050 tons. Previously, this figure was projected at 759,049 tons, which would have represented a flat growth rate based on non-finalized demand...