Carbon Black Market Worth,Size, Major Strategies, Key Companies, Revenue Share Analysis, 2024–2027

Carbon Black Market
Carbon Black Market

The Global Carbon Black Market report, published by Reports and Data, delivers several key insights into the Carbon Black market, offering a competitive advantage to our clients. The report offers an extensive overview of the market, along with an in-depth summary of the market’s leading players.

The global Carbon Black Market is forecast to reach USD 28.91 Billion by 2027, according to a new report by Reports and Data. Carbon black is increasingly being used in tires, rubber and plastic products, printing inks, and coatings, owing to these properties. It is used in tires as it provides excellent rubber reinforcement. Though primarily used for strengthening rubber in tires, the product can also act as a pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating applications. Apart from tires, other everyday uses of carbon black are seen in objects like hoses, conveyor belts, plastics, printing inks, and automotive coatings.

Carbon black is one of the most commonly used conductive additive used for these batteries due to low weight, low cost, and high chemical inertness. Furthermore, it also provides higher battery capacity and rate capability and is non-toxic. Several studies have successfully shown that the adoption of the product improves the battery cycle life. For instance, Berkeley Lab researchers led by Robert Kostecki used carbon black additive for manufacturing composite cathodes for lithium-ion batteries. The resulting lithium-ion cells were found to last one-third longer and deliver more energy, at no significant increase in cost.

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Top companies profiled in the report include: 

Phillips Carbon Black Limited, Cabot Corporation, OCI Company Ltd., Birla Carbon, Omsk Carbon Group, Orion Engineered Carbons SA, Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. Tokai Carbon, a Japanese chemical company is major global manufacturer. The company offers a wide variety of products, including SEAST, TOKABLACK, Aqua Black, and Thermal Black, for applications ranging from the automotive industry to electrical and electronics.

Competitive Overview:

The global Carbon Black market is dominated by a slew of domestic and international manufacturers. These market players look forward to implementing a wide range of innovative business expansion strategies, such as partnerships & collaborations, mergers & acquisitions (M&A), and joint ventures. Such initiatives are aimed at expanding their product portfolios and strengthening its global market foothold. The key market contenders control a major portion of this business sector. Moreover, several factors, including technological innovation, optimized production capacity, cost analysis, and extensive supply chain, influence the competition in this market.

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Global Carbon Black Market Segmentation:

Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Furnace Black Process
  • Channel Black Process
  • Thermal Black Process
  • Acetylene Black Process

Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Standard Grade
  • Specialty Grade

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Tires and Industrial Rubber
  • High Performance Coating
  • Plastics
    • Films and Sheets
    • Pressure Pipes
    • Molded Parts
  • Toners and Printing Inks
  • Wires and Cables
  • Paints and Coatings
  • Textile Fibers
  • Others

Regional Analysis covers:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

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