Press release
Carbon Black Market Expected to Witness a Sustainable Growth over 2022 | Global Market Vision
Carbon Black Market
Carbon black is a type of paracrystalline carbon which appears as a fine black powder. It can be synthesized by partial combustion of hydrocarbons, coal, petroleum products, and ethylene cracking. However, the Furnace Black Process is the most common process for synthesizing carbon black. This process creates carbon black by partially combusting high-temperature gases with feedstock oil, which can be coal or petroleum oil. Due of its high yield and extensive control over parameters like particle size or structure, this approach is appropriate for mass production. Currently, this is the process that produces carbon black most frequently for usage in coloring and rubber reinforcing. This chemical is mostly used in tyres sector. Additionally, Carbon black also has other uses such as conveyor belts, hoses, plastics, dyes and pigments, and vehicle coatings in addition to tyres.
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Key Market Players:
Orion Engineered Carbon
Birla Carbon
Cabot Corporation
Phillips Carbon Black Limited
Tokai Carbon Co Ltd.
ASAHI CARBON CO., LTD.
Mitsubishi Chemical Corporation
Abu Dhabi National Oil Company (ADNOC)
Nippon Steel Chemical & Material
OCI Company Ltd
Shandong Huadong Rubber Types Co., Ltd
Himadri Speciality Chemical Ltd
OMSK Carbon Group.
BASF SE
Dow Inc
Nouryon
Dominion Colour Corporation.
SABIC
By Type:
Furnace Black
Channel Black
Thermal Black
Acetylene Black
Others (recycled carbon black and carbon black produced as a by-product)
By Application:
Tire
Non-Tire Rubber
Inks and Coating
Plastic
Others (lithium-ion batteries, graphite manufacturing, construction industry, and metallurgy)
By Grade
Standard Grade
Specialty Grade
Key Target Audience:
• Carbon Black manufacturers and other stakeholders
• Organizations, forums and alliances related to Carbon Black distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Carbon Black manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
The following are the major objectives of the study.
• To define, describe, and forecast the global carbon black market size on the basis of grade, application, type, and region
• To provide detailed information regarding the significant factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders
• To forecast the market size, in terms of value and volume, with respect to five main regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
• To strategically profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & developments (R&D) in the carbon black market
During this research study, major players operating in the carbon black market in various regions have been identified, and their offerings, regional presence, and distribution channels have been analyzed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, along with primary respondents. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the market. The figure below shows the breakdown of the primaries on the basis of the company type, designation, and region considered during the research study.
Frequently asked questions
• How much is the global carbon black market worth?
• What was the value of the carbon black market in 2021?
• At what CAGR is the carbon black market projected to grow in the forecast period (2022-2028)?
• What is the leading segment in the market?
• What is the key factor driving the market?
• Which are the leading players in the market?
• Which country held the highest market share in the market?
• Which factors are expected to drive the adoption of the product?
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NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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https://globalmarketvision.com/reports/global-carbon-black-for-packaging-market/45253
https://globalmarketvision.com/reports/global-carbon-black-in-coating-market/45252
https://globalmarketvision.com/reports/global-carbon-black-tire-market/44114
https://globalmarketvision.com/reports/global-carbon-black-textile-market/39470
Contact Us
Sarah Ivans | Business Development
Phone: +1 617 297 8902
Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
About Global Market Vision
Global Market Vision a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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