Market situation:
In 2022, the production capacity will reach 2.697 million tons, with an output of 1.9 million tons, and the market size will continue to expand.
Downstream demand is mainly focused on tires (with the highest proportion), footwear, and coatings, while the demand for green tires drives the growth of highly dispersed white carbon black.
Supply and demand structure: There is an oversupply of low-end products, while high-end products (such as HDS) rely on imports. Domestic enterprises are accelerating their technological upgrades.
Competitive landscape: Enterprises such as Quecheng Shares and Xinglong New Materials are enhancing their competitiveness through a full industry chain layout, while local enterprises are gradually expanding their market share.
Policy impact: The tightening of environmental regulations promotes industry integration, and the ability of large-scale enterprises to resist risks is enhanced.