The global Carbon Black market is forecast to reach USD 27.43 Billion by 2030, according to a new report by Reports and Data. Carbon black is increasingly being used in tires, rubber and plastic products, printing inks, and coatings, owing to these properties. It is used in tires as it provides excellent rubber reinforcement. Though primarily used for strengthening rubber in tires, the product can also act as a pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating applications. Apart from tires, other everyday uses of carbon black are seen in objects like hoses, conveyor belts, plastics, printing inks, and automotive coatings.
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Market Overview:
Demand for innovative materials is driven by transformations in the energy, automotive, logistics, manufacturing, construction, and other industries, as well as growing industry 4.0 technologies. Sustainability, lightweight, 3D printing, and surface engineering are all hot topics in the materials sector, as are intelligent materials, nano-formulations, and new composites with improved properties. Furthermore, increased adoption of artificial intelligence (AI), machine learning (ML), and data management strategies encourages scientists to investigate and develop novel materials considerably more quickly, reducing time-to-market from decades to only a few years.
Top 10 Companies Operating in the Global Carbon Black Market:
Phillips Carbon Black Limited, Cabot Corporation, OCI Company Ltd., Birla Carbon, Omsk Carbon Group, Orion Engineered Carbons SA, Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. Tokai Carbon, a Japanese chemical company is major global manufacturer. The company offers a wide variety of products, including SEAST, TOKABLACK, Aqua Black, and Thermal Black, for applications ranging from the automotive industry to electrical and electronics.
Carbon Black Market Segmentation
Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)
- Furnace Black Process
- Channel Black Process
- Thermal Black Process
- Acetylene Black Process
Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)
- Standard Grade
- Specialty Grade
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)
- Tires and Industrial Rubber
- High-Performance Coating
- Plastics
- Toners and Printing Inks
- Wires and Cables
- Paints and Coatings
- Textile Fibers
- Others
End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)
- Consumer Goods
- Industrial
- Automotive Transportation
- Packaging
- Textiles
- Others
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Table of Contents:
Report Overview
1.1 Research Scope
1.2 Key Carbon Black market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Carbon Black market size
2.2 Latest regional market trends
2.3 Emerging growth trends
Competitive Outlook
3.1 Global Carbon Black market key players
3.2 Global Carbon Black size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Carbon Black market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
Continued...
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