United Kingdom Carbon Black Market Forecast 2023-2030

United Kingdom Carbon Black Market Forecast 2023-2030

KEY FINDINGS

The United Kingdom carbon black market is predicted to record a 4.43% CAGR during the assessment period, 2023-2030. The market growth is attributed to the growth in sectors like construction, aerospace, automotive, printing, etc.

MARKET INSIGHTS

Carbon black contains fine carbon particles and in its pure form, appears as a fine black powder. Different methods like furnace black and thermal black are used to obtain carbon black. It is used in varied applications in the paints & coatings, plastic, tire, and tuber sectors. The rising investments in laboratory equipment, production machinery, and chemistry expertise for carbon black manufacturing offer growth opportunities for the United Kingdom carbon black market.

Further, prominent companies are prioritizing the sourcing of their raw materials to boost the production of high quality carbon alongside expanding their operations. In addition, the rising deployment of lithium-ion batteries and the increasing popularity of electric vehicles are surging the use of carbon black to minimize charging times and boost lithium-ion batteries’ energy density. Moreover, the cost-effectiveness offered by carbon black enables its utilization in plastic applications. Accordingly, carbon black is projected to have growth opportunities in the manufacturing of non-pressure pipes, ABS pipes, plastic film sheets, and anti-static packaging boxes.

COMPETITIVE INSIGHTS

Some of the prominent firms in the market are Imerys Graphite & Carbon, Orion Engineered Carbons SA, Aditya Birla Group, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments