openPR Logo
Press release

Carbon Black Market to Grow by Leap and Bounds with a CAGR of 5.5% to Reach $21.85 Billion by 2030

10-26-2022 12:35 PM CET | Energy & Environment

Press release from: Strategic Market Research

Carbon Black Market to Grow by Leap and Bounds with a CAGR of 5.5%

The global carbon black market size worth in 2021 was $13.45 billion and will reach $21.85 billion by 2030, growing at a 5.5% CAGR during 2021-2030. The carbon black industry is fuelled by the rise in the manufacturing of plastic goods and growth in the rubber industry. Carbon black is a kind of para-crystalline carbon that contains 95% pure carbon and enhances the material's mechanical and physical properties, improving the usefulness of the final product. Tires, mechanical rubber goods, plastics, printing inks, toners, and other products are primarily made with carbon black. Additionally, it can absorb U.V. light and turn it into heat.

Carbon Black Industry Insights:
• By Process, the Black Furnace segment ruled the overall Carbon Black market in 2020.
• In 2021, the standard grade segment held a significant position in the market on the basis of grade.
• On the basis of application, the tire segment ruled the market with the largest market share.
• Regionally, North America ruled the overall carbon black market, with a revenue of around $2.51 billion in 2021.

Make a Direct Purchase of the latest Carbon Black Market Report published in the month of Sep-2022. Click the below link to initiate the purchase:
https://strategicmarketresearch.com/buy-now/carbon-black-market

Key Drivers of the Carbon Black Market:
The rubber industry's explosive expansion is driving the market's growth. The rubber industry is expanding quickly due to increased demand from the building, consumer goods, electronics, automotive, and rubber industries. The manufacturing of wires and cables, tyres, hoses, air springs, windows and doors, belts, and gaskets heavily rely on rubber products. To strengthen and enhance the physical properties of rubber compounds, carbon black is always used as a filler.

In addition, it spreads away the heat from the belt and tyre tread area. This makes rubber products more robust. In addition to other tyre components, they are extensively added to the sidewalls, carcasses, and inner liners of tyre.

To get a first-hand overview of the report, Request a Sample at:
https://strategicmarketresearch.com/request-sample/carbon-black-market

Segmentation Analysis
The worldwide Carbon Black Market segmentation has been conducted in terms of Process, grade, application, and region.
By Process:
• Lamp Black
• Channel Black
• Acetylene Black
• Furnace Black

By Grade:
• Standard Grade
• Specialty Grade

By Application
• Plastics
• Toners
• Coatings
• Printing Inks
• Tires

By Region
North America
• Canada
• Mexico
• United States

Europe
• United Kingdom
• France
• Russia
• Germany
• The Rest of Europe

Asia Pacific
• Japan
• India
• Korea
• China
• Rest of the Asia Pacific

LAMEA
• Saudi Arabia
• Brazil
• Rest of LAMEA

With a total revenue share of greater than 40% in 2021, Asia Pacific was the fastest-growing market for specialty carbon black. During the forecast period, polymer production is anticipated to continue to be a significant factor in the expansion of the regional market, particularly in China, India, and Southeast Asian nations like South Korea, Thailand, Malaysia, and Vietnam.

Due to North America's growing packaged and polymer food industries, conductive-grade specialty carbon black has a sizable market. The U.S. is home to one of the biggest auto markets in the world. The United States has become a global leader in the auto industry due to its sizable consumer base, readily available infrastructure, investment policies, highly skilled labour, and government incentives. As a result, the market is expected to profit from the U.S. auto industry's re-emergence. Europe ranked second in terms of revenue in 2021, and it will increase at a CAGR of 7.45 percent over the following few years.

Key players in Carbon Black Market:
• Philips Carbon Black Limited
• Himadri Speciality Chemical Limited
• Birla Carbon
• Continental Carbon Company
• Tokai Carbon Co, Ltd.
• International China Oak Investment Holdings Co., Ltd
• Ralson
• Orion Engineered Carbons GmbH
• Omsk Carbon Group
• Cabot Corporation
• Atlas Organics Private Limited

Before initiating a purchase, make a Pre-order inquiry and get a detailed overview of the content of the report: https://strategicmarketresearch.com/pre-order-enquiry/carbon-black-market

Contact Us:
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
Blog: https://www.strategicmarketresearch.com/blog
Blog: https://www.strategicmarketresearch.com/blogs/metaverse-statistics
Press Release: https://www.strategicmarketresearch.com/press-releases

Related Reports:
https://www.globenewswire.com/en/news-release/2022/05/19/2447146/0/en/Strategic-Market-Research-elucidated-that-the-Brain-Monitoring-Market-is-likely-to-account-for-up-to-8-Billion-by-2028-with-a-CAGR-of-7-20-Below-are-the-some-pivotal-statistics-on-.html

https://www.globenewswire.com/en/news-release/2022/05/18/2446048/0/en/Breast-Reconstruction-Market-to-reach-4-98-Billion-in-2030-with-a-CAGR-of-around-7-11-asserts-Strategic-Market-Research-Lets-handhold-you-in-deep-diving-into-some-of-the-most-perti.html

https://www.globenewswire.com/en/news-release/2022/05/23/2448593/0/en/Cardiac-Pacemaker-Market-is-likely-to-reach-a-landmark-of-USD-6-78-Billion-by-2030-with-a-stable-CAGR-of-3-68-Let-s-take-a-quick-look-at-the-pivotal-statics-provided-below.html

26, Broadway, Suite 934, New York, 10004

Strategic Market Research facilitates organizations globally in taking pivotal business decisions by furnishing Syndicated and Customized Research Reports, which are highly precise in terms of market numbers. We believe that every firm, whether it is a startup that is in the Introduction stage of the Product Life cycle or an established one that is in the growth stage, requires market research services in order to streamline its key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis, or new geographical penetration and expansion.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Carbon Black Market to Grow by Leap and Bounds with a CAGR of 5.5% to Reach $21.85 Billion by 2030 here

News-ID: 2778162 • Views:

More Releases from Strategic Market Research

Metaverse Market - Fiction or Reality? Technology Changes, Action Plan, and Its Impact on Industries
Metaverse Market - Fiction or Reality? Technology Changes, Action Plan, and Its …
The Global Value of the Metaverse Market in 2022 was USD 47.48 billion and will be worth USD 678.80 billion by 2030, growing at a 39.44% CAGR. The Metaverse is a virtual environment that combines mixed reality, Blockchain, augmented reality, and virtual reality. These technologies are utilized to create environments that offer a rich user experience in virtual spaces. Make a Direct Purchase of the latest Metaverse Market Report published
3D Printing Market - A $77.83 Billion Industry Opportunity, Insights on Latest Trends & Forecast (Value & Volume)
3D Printing Market - A $77.83 Billion Industry Opportunity, Insights on Latest T …
The global 3D Printing market in 2021 was $14 billion, and it will reach $77.83 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The method of creating a three-dimensional solid object from a digital file or computer-aided design (CAD) model is known as three-dimensional printing. It is also known as desktop fabrication, additive printing, or additive manufacturing, as the product is built using thin layers of
Metaverse Market Report - $678.80 Billion Industry Opportunity; Growth Scenario and Upcoming Trends
Metaverse Market Report - $678.80 Billion Industry Opportunity; Growth Scenario …
The global Metaverse market in 2022 was worth $47.48 billion and will reach $678.80 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The Metaverse is a digital simulation environment that combines Blockchain, mixed reality, augmented reality, and virtual reality. These technologies create environments that offer a rich user experience in virtual spaces. The term metaverse refers to a highly interactive 3d virtual world obtained using several
Radiotherapy Market Report Growth, Percentage of Patients Receiving Radiation Therapy - Facts & Figures
Radiotherapy Market Report Growth, Percentage of Patients Receiving Radiation Th …
The radiotherapy market in 2021 was $6.50 billion, and it will be worth $10.71billion by 2030 at a 5.71% CAGR from 2021 to 2030. Cancer patients receive radiotherapy, commonly referred to as radiation therapy, to treat their condition by eliminating cancerous cells and shrinking tumors. During radiotherapy, X-rays, gamma rays, and charged particles are often used radiations. The radiation beam can be used externally, internally, or systemically depending on cancer's

All 5 Releases


More Releases for Carbon

Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally. Carbon Black Market - Overview Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This
Carbon-Carbon Composite 2018 Global Industry Key Companies – SGL Carbon , Tok …
World Carbon-Carbon Composite Market Executive Summary  Carbon-Carbon Composite market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.  The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.  The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles
Global Carbon Carbon Composite Material Market Analysis 2025 | OptMed, SGL Carbo …
ResearchMoz presents professional and in-depth study of "Global Carbon Carbon Composite Material Market Insights, Forecast to 2025" This report researches the worldwide Carbon Carbon Composite Material market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Carbon Carbon Composite Material breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth
Global Carbon Fiber Market 2018 - Cytec Industries, Zoltek, SGL Carbon, Carbon F …
The Global Carbon Fiber Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Carbon Fiber industry. Firstly, Carbon Fiber Market report provides a basic overview of the Carbon Fiber industry including definitions, classifications, applications and Carbon Fiber industry chain structure. Global Carbon Fiber Market analysis is provided for the international market including development history, Carbon Fiber industry competitive landscape analysis, and major regions