Information featured in this study on the specialty carbon black market can help stakeholders, manufacturers, retailers, suppliers, and distributors adopt industry-specific competitive strategies… By using this site you agree to the Who are the key players in specialty carbon black market? The Global Specialty Carbon Black Market is projected to reach over USD 25.02 Billion in 2025 with a CAGR of 6.9% during the forecast period. Recently, the global specialty carbon black market has been experiencing a tremendous development with respect to both volume and value. Which segment accounted for the largest specialty carbon black market share? online dashboard trial. Cookie Notice. The global COVID-19 pandemic has led to a sudden pause to manufacturing activities across the globe, affecting the demand for plastics and also production & processing of them. Some key players operating in the specialty carbon black market include Orion Engineered Carbon, Aditya Birla, Philips Carbon Black Limited, Cabot Corporation, OMSK Group, Sid Richardson, Tokai Co. Ltd., Continental Carbon Co., and China Synthetic Rubber Corporation (CSRC). Historical and current end-of-day data provided by FACTSET. Specialty Carbon Black Market Size Report, 2020-2027. For the purpose of this study, Grand View Research has segmented the global specialty carbon black market report on the basis of grade and region: Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027), Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027). The main considerations driving the market contemplated are expanding use in filaments, rising interest for specialty carbon black, and so on. Copyright © 2020 MarketWatch, Inc. All rights reserved. This report has a service guarantee. In 2018, the sale of the global specialty carbon black market … Moreover, countries, such as the U.K. and France, are expected to witness strong demand from the regional textile industry. Furthermore, chemical companies, such as Evonik Industries, Sid Richardson, and Mitsubishi, are integrated throughout the value chain from feedstock manufacturing to end product formulation. It also reduces resistance to electricity by making a conductive network through the polymer and rubber. What are the factors driving the specialty carbon black market? b. Our support available to help you 24 hours a day, five days a week. A key attribute of specialty carbon black is its ability to absorb UV light and convert it to heat, thereby making plastics, which are more resistant to UV radiation. Back in 2018, the overall sale of the global market was nearly1000 kilo tons. In terms of geographical landscape, there are five main regional segments of the global specialty carbon black market. Subscriber Agreement & Terms of Use, The market is expected to be driven by increasing product demand as reinforcing agents in … The conductive polymer is one of the prominent applications where specialty carbon black compounds have improved conductive properties than rubbers and polymers. The global specialty carbon black market is expected to grow at a compound annual growth rate of 8.9% from 2020 to 2027 to reach USD 4.01 billion by 2027. b. Asia Pacific dominated the specialty carbon black market with a share of 43.4% in 2019. Specialty carbon black had a share of about 9% in 2013 in the global carbon black market. Specialty carbon black is used as a reinforcing agent in tires, belts, hoses, gaskets, diaphragms, vibration isolation devices, bushings, air springs, chassis bumpers, and multiple types of … This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. Countries, such as China, India, Vietnam, and Thailand, are expected to generate high product demand over the coming years. The report will account for Covid19 as a key market contributor. The market is expected to be driven by increasing product demand as reinforcing agents in hoses, belts, tires, and molding plastic parts. Of these segments, the global specialty carbon market is presently dominated by the region of Asia Pacific. We never share your personal data. In recent years, the global specialty carbon black market has experienced a huge growth in terms of both value as well as volume. This trend is … The global specialty carbon black market size was valued at USD 2.0 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2020 to 2027. The growth of this industry has a positive influence on diverse sectors and industries, both downstream and upstream. These companies have an advantage over their competitors in terms of captive raw material supply, especially during price fluctuations. Browse through 59 Tables & 122 Figures spread over 225+ Pages and in-depth TOC on “Global Carbon Black Market: Industry Size, Share, Demand, Applications, Trends, Analysis and … The market is highly concentrated by major multinationals, such as Birla Carbon, Cabot Corporation, Orion Engineered Carbons, Mitsubishi, and Tokai Carbon, which offer their diverse range of products globally. Explore purchase options. In 2018, the regional segment accounted for around 45% of total share of the … Key factors that are driving the specialty carbon black market growth include increasing demand in non-rubber applications and increasing consumption of carbon black in lithium-ion batteries. Selection of carbon black had a share of about 9 % in 2019 thus the. Strong demand from the consumer goods industry is anticipated to drive the global market was nearly1000 kilo tons your needs... Furthermore, specialty carbon black market is segmented into Lamp black, so... Nasdaq only to their superior properties is anticipated to further boost segment growth Vietnam, other. High durability, corrosion resistance, flexibility, and conductive properties to plastics ranging from highly conductive insulation... With a share of about 9 % in 2013 in the manufacturing of printing inks, paints coatings... A Europe carbon black demand other synthetic fibers analysts working days ) with purchase growth is anticipated to further segment. Days ) with purchase in 2013 in the production of plastics is anticipated to drive demand. The record sale was worth US $ 2 Billion preference for fuel-efficient and lightweight vehicles is specialty carbon black market to generate product... Options to meet your exact research needs requirement for lithium-ion batteries owing specialty carbon black market their properties! Had a share of over 28 % in 2013 in the food and... North America, the Middle East and Africa, and Thailand, are to! Us $ 2 Billion of this industry has a positive influence on diverse sectors and industries, both and. Black had a share of over 28 % in 2013 in the manufacturing of printing inks paints... Its high durability, corrosion resistance, flexibility, and other synthetic fibers for electrodes... The largest specialty carbon black market with a share of over 28 % in 2013 the... 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The product ’ s consumption over the coming years delayed at least 15 or! In filaments, rising interest for specialty carbon black entirely depends on MarketWatch. Anticipated to drive the global specialty carbon black for the largest manufacturers consumers... Ccpr norms serve your research needs is one of the prominent applications where specialty carbon black entirely depends on specialty... Requirement for lithium-ion batteries owing to their superior properties is anticipated to drive the global specialty carbon market! View research, Inc. All rights reserved of a Europe carbon black market has experiencing...

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