Top 10 Carbon Black Manufacturers & Leading Companies in the World 2023 | IMARC Group

Top Companies Operating in the Global Carbon Black Industry 2023:

Carbon black is a fine black powder consisting of amorphous carbon particles that are produced when hydrocarbons are burned in a controlled atmosphere. It is created by burning hydrocarbons, such as petroleum, natural gas, coal, or wood in a limited oxygen environment. The burning process creates smoke of particles that are mostly carbon. The particles are collected and processed to create a uniform and consistent product that is then dried and milled into a powder. It is utilized as a pigment in paints and coatings, inks, plastics, rubber, and other materials. Additionally, it is also used in rubber reinforcement and as a filler in tires. It has a low electrical conductivity, a high thermal conductivity, is chemically inert, non-toxic, has a high affinity for ultraviolet radiation, and is also resistant to oxidation, so it is often used to prevent corrosion and oxidation of metals.

According to IMARC Group, the global carbon black market size reached US$ 16.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

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The escalating demand for carbon black majorly drives the global market. This can be supported by the rising product adoption to create a variety of products, from tires to medical equipment. Since carbon black help to develop durable, efficient, and cost-effective products, there has been a considerable rise in their demand among leading manufacturers. Along with this, leading manufacturers are investing in the appropriate research and development to develop products tailored to meet consumers' needs across the globe. This includes using carbon black in medical applications, creating advanced materials and even using it as a fuel source, which is significantly supporting the market. Apart from this, carbon black can be used as an effective way to reduce emissions, which is impelling key players to develop sustainable and eco-friendly products using carbon black to reduce their environmental footprint, is creating a positive market outlook.

By IMARC Group, the top Carbon Black Manufacturers & Companies in the World 2023:

1. Cabot Corporation
o Establishment: 1882
o Headquarters: Massachusetts, the United States

2. Thai Carbon Black Public Company Limited (Birla Carbon)
o Establishment: 1978
o Headquarters: Bangkok, Thailand

3. Orion Engineered Carbons S.A.
o Establishment: 1862
o Headquarters: Texas, the United States

4. Phillips Carbon Black Limited
o Establishment: 1960
o Headquarters: West Bengal, India

5. Tokai Carbon Co., Ltd.
o Establishment: 1918
o Headquarters: Tokyo, Japan

6. Omsk Carbon Group OOO
o Establishment: 1944
o Headquarters: Omsk, Russia

7. Jiangxi Black Cat Carbon Black Inc., Ltd.
o Establishment: 2001
o Headquarters: China

8. OCI Company Ltd.
o Establishment: 1959
o Headquarters: Seoul, South Korea

9. China Synthetic Rubber Corporation
o Establishment: 1973
o Headquarters: Taiwan, China

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Key Highlights of the Carbon Black Market Report 2023-2028:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Explore the Full Report of Carbon Black Market with TOC & List of Figures: https://www.imarcgroup.com/carbon-black-market

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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