Specialty Grade Carbon Black Market
Specialty Grade Carbon Black Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Specialty Grade Carbon Black Market Size and Growth
The Specialty Grade Carbon Black market is experiencing significant growth, driven by increasing demand across automotive, coatings, and electronics sectors. The market is projected to reach approximately USD 8 billion by 2025, reflecting a compound annual growth rate (CAGR) of around 5%. Enhanced performance properties are boosting product adoption globally.
Companies Covered (Covid 19 Impact Covered)
◍ Cabot Corporation (U.S.)
◍ Birla Carbon/Thai Carbon Black Public Company Limited (Thailand)
◍ Orion Engineered Carbons SA (Luxembourg)
◍ Phillips Carbon Black Limited (India)
◍ Tokai Carbon Co., Ltd. (Japan)
◍ Omsk Carbon Group (Russia)
The Specialty Grade Carbon Black Market features key players like Cabot Corporation, Birla Carbon, Orion Engineered Carbons, and others driving growth through innovation in applications like coatings and plastics. Companies leverage advanced production techniques and expand into new markets, enhancing their product portfolios to boost sales. Revenue highlights include:
- Cabot Corporation: Approximately $3 billion - Orion Engineered Carbons: Roughly $1 billion
◍ Jiangxi Black Cat Carbon Black Inc., Ltd. (China)
- Phillips Carbon Black: About $600 million
◍ OCI Company Ltd. (South Korea)
◍ China Synthetic Rubber Corporation (China)
◍ Sid Richardson Carbon & Energy Co. (U.S.)
◍ Mitsubishi Chemical Corporation (Japan)
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Market Segmentation
By Application
Tire
Non-Tire Rubber
Inks and Coating
Plastic
Others
By Product
◍ Furnace Black
Channel Black
Thermal Black
Acetylene Black
Others
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Market Growth
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$ X Billion USD
