Global Specialty Carbon Black Market 2023-2029
Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Specialty carbon black are outstanding in their tinting strength, conductivity, dispersibility and UV-resistance. It is important industrial raw material, which is incorporated into the production processes for various industries including the polymer, printing and coating industries. The global specialty carbon black market is anticipated to increase by USD 1.6 billion till 2029 at an average annual growth of 5.7 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global specialty carbon black market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the form, grade, function, application, and region. The global market for specialty carbon black can be segmented by form: granular, powder. In 2022, the granular segment made up the largest share of revenue generated by the specialty carbon black market. Specialty carbon black market is further segmented by grade: conductive carbon black, fiber grade carbon black, food grade carbon black, others. The fiber grade carbon black segment was the largest contributor to the global specialty carbon black market in 2022. Based on function, the specialty carbon black market is segmented into: coloring agent, conductive filler, UV protection, others. The coloring agent segment is estimated to account for the largest share of the global specialty carbon black market. On the basis of application, the specialty carbon black market also can be divided into: battery electrodes, paints and coatings, plastics, printing inks and toners, others. The plastics segment held the largest share of the global specialty carbon black market in 2022 and is anticipated to hold its share during the forecast period. Specialty carbon black market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
The conductive carbon black market is further segmented into battery electrodes, conductive polymers, paints & coatings, printing inks, others. Among these, the paints & coatings segment was accounted for the highest revenue generator in 2022. Furthermore, the fiber grade carbon black market has been categorized into nylon, polyester fibers, polypropylene fibers, others. The polyester fibers segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period. The food grade carbon black market is further divided into films, sheets and bags, molded parts, others. According to the research, the films, sheets and bags segment had the largest share in the global specialty carbon black market.
Market Segmentation
By form: granular, powder
By grade: conductive carbon black, fiber grade carbon black, food grade carbon black, others
By function: coloring agent, conductive filler, UV protection, others
By application: battery electrodes, paints and coatings, plastics, printing inks and toners, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides analysis of the key companies of the industry and their detailed company profiles including Aditya Birla Group (Birla Carbon India Private Limited), Black Bear Carbon B.V., Cabot Corporation, Cancarb Limited, Continental Carbon Company, Denka Company Limited, Geotech International B.V., Himadri Speciality Chemical Limited, Imerys S.A., Jiangxi Black Cat Carbon Black Co., Ltd., Klean Industries Inc., Lion Specialty Chemicals Co., Ltd., Longxing Chemical Industry Co., Ltd., Mitsubishi Chemical Group Corporation (MCG), OMSK Carbon Group Ltd, Orion Engineered Carbons S.A. (OEC), Phillips Carbon Black Limited (PCBL Limited), Ralson Carbon Black Limited, Shandong Link Science and Technology Co., Ltd., Shanxi Anlun Chemical Co., Ltd., Shanxi Yongdong Chemistry Industry Co., Ltd., Suzhou Baohua Carbon Black Co., Ltd., Tokai Carbon Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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