Specialty Carbon Black Market 2020-2026, Covid-19 Impact | Key Major Players : Cabot Corporation, International CSRC Investment Holdings Co., Ltd.Himadri Specialty Chemical Ltd

The Specialty Carbon Black Market analysis report contains a skilful and deep analysis of the present situation and challenges. This business report focuses on the key drivers, restraints, market opportunities, threats and risks for market major players. It also makes available analysis of market size, shares, growth, segmentation, revenue projection (USD Mn), and regional study till 2026. The market research document offers a wide-ranging overview of the global Specialty Carbon Black Market and contains thoughtful insights, facts, historical information, and statistically supported & industry-verified market data. This report comprises of forecasts that uses a suitable set of predictions and distinct research methodologies. Global Specialty Carbon Black Market document helps identify the latest growths, market shares, and policies employed by the major market players.

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Market Analysis: Global Specialty Carbon Black Market

Global specialty carbon black market is expected to register a substantial CAGR of 6.43% in the forecast period of 2019-2026.This rise in market value can be attributed to the increasing demand from various end user industries such as printing and packaging, building and construction, transportation among others.

Key Market Competitors:

Few of the major competitors currently working in global specialty carbon black market are OMSK Carbon Group, Tokai Carbon CB Ltd, ATLAS ORGANIC PVT. LTD, Continental Carbon Company, Aditya Birla Group, Cabot Corporation, International CSRC Investment Holdings Co., Ltd.Himadri Specialty Chemical Ltd, PHILLIPS CARBON BLACK LIMITED, Orion Engineered Carbons GmbH, Mitsubishi Chemical Corporation, Mil-Spec Industries Corporation, Cancarb, among others

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Market Definition: Global Specialty Carbon Black Market

Specialty carbon black is considered as the purest form of carbon black which contains lower level of sulphur, ash, metals and several other impurities. Thermal black, furnace black, acetylene black and lamp black are the four processes from which carbon black particles are made. Carbon black contains more than 95% of pure carbon with limited amount of hydrogen, nitrogen and oxygen and is known as the commercial form of solid carbon. Carbon black particles are used as additives for the enhancement of performance such as conductivity, viscosity of materials.

Segmentation: Global Specialty Carbon Black Market

Specialty Carbon Black Market : By Form

Granules
Powder

Specialty Carbon Black Market : By Grade

Conductive Carbon Black
Fiber Carbon Black
Food Carbon Black

Specialty Carbon Black Market : By Function

Color
UV Protection
Conductive
Others

Specialty Carbon Black Market : By Process Type

Furnace Black
Gas Black
Lamp Black
Thermal Black

Specialty Carbon Black Market : By Application

Plastics
Battery Electrodes
Paints & Coatings
Inks & Toners
Rubber
Others

Specialty Carbon Black Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Specialty Carbon Black Market Drivers:

The growing demand from polymer industries and major utilization in metallurgy, boosts the demand for specialty carbon black products, which acts as a driver for the growth of the market
Superior conductive properties such as low content of sulfur and metal helps in providing protection against UV radiations drives its utilization in the automotive sector
Specialty carbon black materials helps in the production of lightweight and fuel-efficient passenger's cars, which acts as a major factor in the growth of the market
Demand for non-rubber applications also helps in boosting the growth of this market

Specialty Carbon Black Market Restraints:

Increased pressure from governments and other environment protection groups as carbon black is considered to be the major greenhouse gas emitter restricts the market growth
Inhaling carbon black particles can irritate the lungs, eyes and other organs, which affect the health and cause severe diseases; this factor will also hamper the market growth
Carbon black particles cause damaging effects to the environment which may pollute the air, water and enter in the human body; this is another factor which hinders the growth of the market

Key Developments in the Market:

In July 2019, Himadri Speciality Chemical Limited launched Tyre Gold Plus grade of carbon black to utilize in the production of retreaded tyre. The usage of carbon black products for manufacturing retreaded tyres will help the company to attract more customers. The company also enhanced its production capacity from 120,000 MT/annum to 200,000 MT/annum.

In November 2018, Orion Engineered Carbons S.A. acquired Soci t du Noir d'Ac tyl ne de l'Aubette, (SN2A) SAS from LyondellBasell Industries Holdings B.V. and its French affiliate. The acquired company is a manufacturer of acetylene carbon black. With the acquisition, company earned proven technologies and an operating plant which broadened the company's position in specialty carbon blacks market.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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