Share, Trend,
&
Specialty Carbon Black Market Growth & Trends
The global specialty carbon black market size is estimated to reach USD 5.40 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.0%, according to a new report by Grand View Research, Inc. This growth can be attributed to the increasing demand for the product as reinforcing agents, specifically in tires, among other applications. Additionally, the growing use of the product in agriculture mulch film, refuse sacks, stretch wrap, and industrial bags are estimated to contribute to the market growth.
Majorly, carbon black is in the form of black colloidal particles produced via the acetylene black process, lamp black process, and furnace black process, among others. The raw material used for these processes differs between petroleum, coal oil, natural gas, and acetylene gas. Furthermore, food contact grade is expected to witness prolific growth over the next eight years, owing to increasing convenience food consumption in emerging economies of the Asia Pacific and Latin America, such as India, Vietnam, Thailand, Malaysia, Brazil, and Argentina. Packaging is expected to emerge as the leading application for the food grade segment.
Asia Pacific region dominated the regional segment. This region's expansion can be attributed to rising plastic consumption in key end use industries, such as construction, automotive, conductive polymers, and packaging. Increasing polymer production in China, India, and Southeast Asian countries, such as South Korea, Thailand, Malaysia, and Vietnam is expected to be a key driver of regional market growth during the forecast period.
Growth,
Outlook
Forecast 20222028
Furthermore, the regional demand for carbon black has been bolstered by high economic growth, fast industrialization, and urbanization in Asia Pacific's rising regions. Market growth is also aided by increased foreign investment and favorable regulatory regulations.
full report with Table of Content (PDF with All Related Graph and Chart)
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Specialty Carbon Black Market Report Highlights
Conductive emerged as the dominant grade segment by contributing around 47% of revenue share in 2021, owing to increasing demand for conductive polymers in various end use industries such as automotive and consumer goods
Fiber grade is expected to witness significant growth, owing to increasing demand from the textile industry for applications, such as polyester fiber, PP master batches, and other synthetic fibers. The segment is expected to expand at an estimated CAGR of over 7.8% from 2020 to 2030
Asia Pacific dominated the market in 2021, owing to the advancements in the automobile industry. The key players in the automobile manufacturing business are setting up their plants in countries in Asia Pacific region which will drive the market growth
Specialty Carbon Black Market Segmentation
GrandViewResearchhassegmentedthemarketreportonthegrade,andregion:
Specialty Carbon Black Grade Outlook (Volume, Thousand Tons; Revenue, USD Million; 2018 - 2030)
ConductiveCarbonBlack
ConductivePolymers
Paints&Coatings
BatteryElectrodes
PrintingInks
Others
FiberCarbonBlack
PolyesterFiber
PPMasterbatches
NylonTextiles
OtherSyntheticFibers
ContactCarbonBlack
Packaging
Browse
o
o
o
o
o
o
o
o
o
Food
o
Specialty Carbon Black
NorthAmerica
Europe
AsiaPacific
Central
Korea
Asia
Visit
Thousand Tons; Revenue, USD
SouthAmerica
Brazil
MiddleEast&Africa
SaudiArabia
o Film&Sheet o ConsumerMoldedParts o Others OtherCarbonBlack For Requesting a Sample Copy of This Report, Please
@ https://www.grandviewresearch.com/industry analysis/specialty carbon black market/request/rs1
Regional Outlook (Volume,
Million, 2018 - 2030)
o U.S. o Canada
o Germany o U.K. o Italy o France o Russia
o China o India o Japan o South
o Southeast
&
o
o Argentina
o
o UAE List of Key Players of Global Specialty Carbon Black Market
CarbonCo.,
OrganicsPrivateLimited
CarbonCompany
Carbon
Corporation
ChinaOakInvestmentHoldingsCo.,Ltd.
SpecialityChemical
CarbonBlackLimited
EngineeredCarbons
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The analysts also emphasize on the key trends and the future opportunities that can be explored in the region than can help companies in revenue expansion.
OmskCarbonGroup Tokai
Ltd. Atlas
Continental
Birla
Cabot
International
Himadri
Ltd Philips
Orion
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Grand View Research is a full time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.