Carbon Black Market 2021 Global Market Size & Growth, Emerging Trends, Demand, Revenue and Forecasts Research | Top 20 Countries Data
The carbon black market size will exceeded USD 18 billion by 2025. The report provides an extensive analysis of the studied market share, size, and trend from 2019 to 2025 to determine the prevailing opportunities.
Dallas, United States – May 21, 2021 /MarketersMedia/ —
Carbon black is a fine carbon powder which is produced with the partial combustion or thermal decomposition method using hydrocarbons including natural gas or oil as a raw material. It is primarily used as a reinforcing agents in tires and other parts of automobile along with manufactured rubber goods.
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In addition it is used in black pigments for its applications in carbon paper, printing ink, and paint along with applications in plastics, protective coatings, and resistors for electronic circuits. As a reinforcing filler it enhances resistance to wear and abrasion.
The global carbon black market size is anticipated to expand over the forecast period. This can be attributed to the rise in demand for automobiles and shifting focus toward adoption of electric vehicle from conventional fuel vehicle, which in turn have raised the demand for tire and rubber goods. In addition, rising inclination toward specialty carbon black which comprises ink, coating, and plastics applications will gain significant market share owing to improving living standard and changing life style of consumers will drive the product demand. Improved operational life, increased strength and reliability exhibited by the product owing to utilisation of carbon black is anticipated to stimulate the business landscape in the coming years.
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The ongoing expansion across construction sector utilizing industrial rubber and associated equipment are expected to augment the product demand. Carbon black prices are primarily drive by raw materials comprising carbon black feed stock or oil. The fluctuation in prices of crude oil directly impact the pricing of the product. In addition, macro-level factors which influence the price of carbon include pre-operational costs and working capital. Although, rising industry efforts to optimize the manufacturing process along with increasing research & development activities to enhance the quality of the product will complement the industrial outlook over the forecasted timeframe.
Carbon Black Market can be classified on the basis of several factors such as Manufacturing Process, Application, end users, Grade overview, and key countries/regions. Manufacturing processes are categorized into Furnace Black, Acetylene Black, Thermal Black, Channel Black and Others. On the basis of application market can be segmented into Printing Ink & Toners, Plastics, Coatings, Non-Tire, Tire and others. End users of the Carbon Black Market are Printing & Packaging, Industrial, Automotive and Others. On the basis of grade overview market can be segmented into Specialty Grade and Standard Grade.
Looping on the basis of Geographical regions, major countries or regions which have good market are North America (U.S., Canada), Asia-pacific (China, India, Japan, Indonesia, Thailand, South Korea, Rest Asia-pacific), Europe (Germany, Russia, Rest of the Europe), Middle East & Africa (Turkey, Rest of Middle East and America) and South America (Brazil, rest of South America).
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Table of Content:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Carbon Black Market by Manufacturing Process
Chapter 6 Carbon Black Market by Application
Chapter 7 Carbon Black Market by End User
Chapter 8 Carbon Black Market by Grade
Chapter 9 Carbon Black Market By Region
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
Chapter 12 Appendix
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Website: https://www.adroitmarketresearch.com/industry-reports/carbon-black-market
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