Global Acetylene Black for Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Acetylene black is a type of carbon black. Acetylene black is produced in anaerobic refractory chambers by the decomposition of acetylene gas preheated to 800° C (1,500° F). Acetylene Black is highly purified, and it is also an extremely conductive material. Acetylene Black is widely used as a conductive additive for battery cathode and anode preparation. This report studies the global Acetylene Black for Battery market.
Market Overview:
The latest research study on the global Acetylene Black for Battery market finds that the global Acetylene Black for Battery market reached a value of USD 265.25 million in 2022. It’s expected that the market will achieve USD 194.62 million by 2028, exhibiting a CAGR of -5.03% during the forecast period.
Growing Demand from Key Regions
Emerging economies in APAC have great opportunities. With the rapid development of economy, the industry and manufacturing industry in APAC have developed rapidly. There are quite a few enterprises that have passed ISO quality management system certification. At present, Acetylene Black for Battery are becoming more and more mature in technology, and the prices of products are highly competitive in the market. With the proposal of Industry 4.0 and Made in China 2025, the manufacturing industry has entered a new ecological environment.
Impact of raw material price fluctuation
Acetylene black is obtained from acetylene thermal decomposition process. Acetylene gas is an important raw material for acetylene black production, accounting for a large part of the production cost. Due to the fluctuation of market supply and demand and the promotion of capital market, the prices of different raw materials show different trends, which will be in a state of fluctuation on the whole. Due to the continuous blockade caused by the COVID-19 outbreak, the production and operation of factories in most countries are restricted, affecting all participants in the global value chain, including acetylene gas suppliers. Many acetylenes black manufacturers are increasing the cost of raw materials due to supply chain interruption. The price changes of raw materials directly affect the profit and pricing of products.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (59.59% in 2021).
Company Overview:
Jiaozuo Hexing Chemical is one of the major players operating in the Acetylene Black for Battery market, holding a share of 15.59% in 2022.
Jiaozuo Hexing Chemical
Jiaozuo Hexing Chemical Industry Co., Ltd was founded in 1964, which specializes in producing acetylene black (that is also called acetylene carbon black) and calcium-carbide, hydrogen peroxide, oxygen, soluble acetylene and so on. The products have been sold to the countries and regions of North America, Middle and South America, Southeast Asia, Europe, Africa, Middle East and so on.
Denka
Denka Company Limited is a Japanese chemical company, established in 1915 and headquartered in Tokyo, manufacturing organic and inorganic chemicals, cement, special cement additives, electronic component transfer materials and food packaging materials.
Segmentation Overview:
By type, Powder Forms segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Industrial Battery, with a market share of 48.34% in 2021.
Key Companies in the global Acetylene Black for Battery market covered in Chapter 3:
IRPC
Denka
Jiaozuo Hexing Chemical
TJZNTH
Tianjin Ebory Chemical
Xuguang Chemical
Tianjin Xinglongtai Chemical
Orion Engineered Carbons
Ningxia Jinhua Chemical
Soltex
In Chapter 4 and Chapter 14.2, on the basis of types, the Acetylene Black for Battery market from 2018 to 2029 is primarily split into:
Powder
Granular
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Acetylene Black for Battery market from 2018 to 2029 covers:
Automotive Battery
Industrial Battery
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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