Sep 22, 2017   SOURCE: BusinessWire

SpendEdge Releases Procurement Market Research Report for the Carbon Black Market

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Carbon Black Procurement Market Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of carbon black and acts as an all-inclusive guide for making smart purchasing decisions.

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Global Carbon Black Procurement Market Intelligence Report (Graphic: Business Wire)

Global Carbon Black Procurement Market Intelligence Report (Graphic: Business Wire)

“The growth of the global carbon black market is directly linked to the growth of the automotive industry, as this industry uses carbon black extensively,” says SpendEdge procurement analyst Anil Seth. “For instance, tires contain approximately 70% of carbon black by weight,” added Anil.

Key Report Features

Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix

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Report Insights

  • The growth in the demand from the plastic segment is one the key reason behind the growth of the carbon black market. This is primarily due to increase in demand for specialty black grades for improving electrical conductivity, enhancement of UV resistance, and incorporation of antistatic properties in plastics.
  • Purchasing managers must collaborate with suppliers that have manufacturing facilities across the globe and have a strong global presence. This will lead them to supply assurance, ease in new product procurement, and ease of collaboration for future strategic initiatives.
  • Carbon black is hard to characterize, as the material has several complexities. Standard tests are insufficient to validate characterization. A major challenge is that no single approved American Society for Testing and Materials (ASTM) test can define the exact morphological characteristics.

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Carbon Black Pricing Trends

The market-based pricing is the widely accepted pricing model in the wheat market globally. Purchasing managers are charged based on the prices offered by competitors, resulting in similar price offerings across the industry. Similar price offerings through-out the industry lead to high bargaining power for purchasing managers.

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.