shrushtishinde

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Coherent Market Insight

• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com/
• Covid-19 Impact Tracker

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CONDUCTIVE CARBON BLACK MARKET ANALYSIS

• Conductive Carbon Black Market, By Application
  (Plastics, Battery Electrodes, Paints Coatings,
  Rubber, Other Applications), and By Region (North
  America, Europe, Asia Pacific, Latin America,
  Middle East Africa) - Size, Share, Outlook, and
  Opportunity Analysis, 2019 2027
• The global conductive carbon black market is
  projected to surpass US 220 million by the end
  of 2027, in terms of revenue, growing at CAGR of
  7.0 during the forecast period (2019 to 2027).

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Drivers

• Rising demand for consumer electronics where
  conductive carbon black is used to enhance the
  electrical conductivity is expected to propel
  market growth. According to, Indian Brand Equity
  Foundation (IBEF), the Indian appliance and
  consumer electronics industry reached US 31.48
  billion in 2017 and is expected to increase at a
  9 CAGR to reach US 48.37 billion in 2022.

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• Growing demand for conductive carbon black from
  the automotive industry in the production of the
  tire and other accessories composed of rubber is
  anticipated to foster the market growth of
  conductive carbon black. According to the report
  published by European Automobile Manufacturers
  Association (ACEA) in June 2019, 98.1 million
  motor vehicles were produced around the world in
  2018 and More than 80 million passenger cars were
  produced around the world in 2017. Therefore,
  rising demand from the automotive industry is
  expected to propel the market growth of
  Conductive carbon black. 

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Figure 1. Global Conductive Carbon Black Market,
Revenue Share (), By Region, 2018
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Market Restraints

• Factor such as toxicity associated with
  conductive carbon blacks as they have potential
  carcinogens properties is expected to hinder the
  market growth over the forecast period. The
  prolonged exposure of conductive black carbon
  cause irritation to the respiratory tract. Hence,
  such side-effects associated with the exposure of
  conductive carbon blacks are projected to
  restrict the market growth over the forecast
  period.

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• Availability of alternatives of carbon black such
  as silica and silicones as they have high
  performance and are environment-friendly
  in nature is projected to curb the market growth
  of conductive carbon blacks. Moreover, the market
  for conductive carbon black is also expected to
  face competition with other alternatives. For
  instance, bio-based lignin is a potential
  substitute to fossil-fuel derived conductive
  carbon black. Ball milled lignin exhibited a
  surface area 882 larger than conductive carbon
  black tested, and 36 greater conductivity.

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Market Opportunities

• Rising focus of manufacturers in carbon black
  recovery for tire production is expected to
  augment the market growth of conductive carbon
  black. The objective of this step is to explore
  affordable methods to recover and reuse carbon
  black in order to promote sustainability.
  According to the Coherent Market Insights, tire
  recycling company Carbon Green Inc. has been
  researching tire recycling methods based on
  pyrolysis

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• Rising production of carbon nanotubes with
  conductive carbon black is expected to accelerate
  the market growth of carbon black recovery. This
  combination offers higher electrode conductivity
  as compared to other formulations since it
  enables the dispersion of carbon nanotubes and
  generate a synergetic effect with carbon
  nanotubes. Therefore, the growing usage of
  conductive carbon black in the production of
  carbon nanotube is expected to propel the market
  growth. 

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Figure 2. Global Conductive Carbon Black Market
Opportunity Analysis
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Market Trends

• Shifting focus of carbon black companies to
  convert their carbon black production lines to
  specialty carbon blacks is expected to foster
  market growth. The objective of the step is to
  increase profit margins and expand the
  application scope of specialty carbon blacks. For
  instance, in February 2017, Orion Engineered
  Carbons launched new specialty carbon black
  production line in Korea. This new line in Yeosu
  will produce premium grades of Specialty Carbon
  Black for demanding customer applications such as
  automotive coatings, engineered plastics,
  printing inks, and adhesives sealants.

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• The increasing focus of key industry players in
  emerging countries such as Brazil, China, India,
  and Korea to set up production facilities is
  projected to foster market growth. The goal of
  this step is to take advantage through alliances
  with key players in the domestic market and
  expand their regional presence and also reduces
  transportation costs of carbon black. This factor
  is estimated to propel the market growth.

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Figure 3. Global Conductive Carbon Black Market,
Revenue Share (), By Application, in 2018
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Competitive Section

• Key players operating in the global conductive
  carbon black AkzoNobel N.V., Orion Engineered
  Carbons, Cabot Corporation, Denka Company
  Limited, Tokai Carbon Co. Ltd, and Phillips
  Carbon Black Limited
• Few Recent Developments
• Cabot Corporation              
• In February 2018, Cabot Corporation announces an
  expanded range of premium carbon black products
  for racing and ultra-high-performance tires with
  the launch of the new PROPEL X carbon black
  series.

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About Us

• Coherent Market Insights is a global market
  intelligence and consulting organization focused
  on assisting our plethora of clients achieve
  transformational growth by helping them make
  critical business decisions.
• What we provide
• Customized Market Research Services
• Industry Analysis Services
• Business Consulting Services
• Market Intelligence Services
• Long term Engagement Model
• Country Specific Analysis

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Contact Us

• Mr. Shah
• Coherent Market Insights Pvt.Ltd.
• Address 1001 4th Ave, 3200 Seattle, WA 98154,
  U.S.
• Phone [phone]
• Email sales_at_coherentmarketinsights.com

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