Title: Carbon Black Market
1Carbon Black Market to Reach USD 28.91 Billion By
2027
2 Market Summary
Market Size USD 18.11 Billion in 2019, Market
Growth - CAGR of 6.1, Market Trends Rise in
demand for the product in lithium cell batteries.
The global Carbon Black market is forecast to
reach USD 28.91 Billion by 2027, 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.
- Further key findings from the report suggest
- Resins manufactured using carbon black are widely
used in automobile bumpers, steel pipe linings,
and wire coverings. When mixed with resins in a
small amount, the product can absorb ultraviolet
light, providing excellent resistance against
ultraviolet rays and coloring. - The graphite-type crystalline structure of the
product ensures excellent electric conductivity.
Thus, the product is widely used as conductive
filler, being mixed in plastics, elastomer,
paints, adhesives, films, and pastes.
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3 Market Summary
Key Players
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.
Segmentation
Process Outlook (Revenue, USD Million Volume,
Kilo Tons 2017-2027) Furnace Black
Process Channel Black Process Thermal Black
Process Acetylene Black Process Grade Outlook
(Revenue, USD Million Volume, Kilo Tons
2017-2027) Standard Grade Specialty Grade
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4 Market Summary
Application Outlook (Revenue, USD Million
Volume, Kilo Tons 2017-2027) Tires and
Industrial Rubber High Performance
Coating Plastics Toners and Printing Inks Wires
and Cables Paints and Coatings Textile
Fibers Others
Regional Outlook for Carbon Black Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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5 The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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6About Us
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experienced analysts from varied areas of
expertise.
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