San Francisco 12 April 2019 Specialty Carbon Black Market Analysis By Grade (Conductive (Conductive Polymers,
Paints & Coatings, Battery Electrodes, Printing Inks), Fiber (Polyester
Fiber, PP Masterbatches, Nylon Textiles), Food (Packaging, Film & Sheet,
Consumer Molded Parts)) And Segment Forecasts To 2024
The global specialty carbon black market is expected to reach USD 3.82 billion by 2024, according
to a new report by Grand View Research, Inc. Increasing demand of plastics for
non-rubber applications in key end-use industries such as packaging,
automotive, construction, electrical & electronics, and pressure pipes is
expected to remain a key driving factor for specialty carbon black market
growth.
Increasing consumption of lithium-ion
batteries owing to superior properties which include good electrical
conductivity, good stability at the higher voltage, less solvent, and improves
adhesion is also anticipated to fuel industry growth significantly.
The manufacturing process emits a large
amount of toxic GHG which creates concern to human health and the environment.
These factors have compelled manufacturers in North America and Europe to shut
down their operations and shift production facilities to Asia Pacific.
Conductive grade accounted for over 30% of overall volume
in 2015. Increasing demand in battery electrodes and paint & coating
industries owing to better conductive properties polymers and rubbers is
expected to drive demand. It is widely used as a reinforcing agent in products
like tires, chassis bumpers, conveyor wheels, blow-molded containers, gaskets,
hoses, automotives, and
wiper blades.
Access Research Report of Specialty
Carbon Black Market @ http://www.grandviewresearch.com/industry-analysis/specialty-carbon-black-market
Further key findings from the report suggest:
· The global specialty carbon black market
demand was900 kilo tons in 2014 and is expected to exceed 1,500 kilo tons by
2024, growing at an estimated CAGR of 5.7% from 2016 to 2024
· Automotive industry is expected to have
tremendous growth owing to manufacturing of light weight and fuel efficient
passenger cars
· China accounted for nearly half of the Asia
Pacific specialty carbon black volume in 2015. The country is characterized by
high demand for conductive polymer in paints & coating and printing ink
industries
· Continental Carbon and Al-Jubail
Petrochemical Co. announced the start-up of a carbon black plant in Al-Jubail,
Saudi Arabia. The facility has an annual production capacity of 50 kilo tons
and it will primarily serve the tire industry of the region.
· Specialty carbon black market is highly
fragmented among multinational players and small domestic companies
· Key industry participants in the market
include OMSK Carbon Group, Sid Richardson Carbon & Energy Co., Tokai Carbon
Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon Co., Birla Carbon, Cabot
Corp., China Synthetic Rubber Corp., Himadri Companies & Industries Ltd.,
Phillips Carbon Black Ltd., Orion Engineered Carbon
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has
segmented the specialty carbon black market on the basis of grade and region:
Global Specialty Carbon Black Grade Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
Conductive
·
Fiber
·
Food
·
Others
Global Specialty Carbon Black Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Specialty Carbon Black Market@ https://www.grandviewresearch.com/press-release/global-specialty-carbon-black-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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