Press release
World's Largest Top 9 Carbon Black Companies, Manufacturers, and Production 2023 - IMARC Group
Global Carbon Black Industry Overview 2023:Carbon black is produced from the thermal decomposition of heavy petroleum raw materials, such as coal tar, ethylene cracking tar, or FCC tar. It is widely utilized, owing to its various beneficial characteristics, including surging tire tread wear and rolling resistance, effectively absorbing ultraviolet (UV) light and converting it into heat, improved thermal conductivity, and superior UV protection.
Several processes, such as oil furnaces and thermal, are mainly used to manufacture carbon black. It is largely used as a reinforcement filler in the tire and non-tire rubber formulations. Most reinforced-grade carbon black is consumed in tire production, while the rest is utilized in industrial rubber goods. In addition, carbon black is also a performance enhancer in various end-use industries, such as paints, coatings, plastics, inks, and pigments.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/carbon-black-market/requestsample
How Big is the Carbon Black Market:
โข Market Size Value in 2022: US$ 16.5 Billion
โข Industry Revenue Forecast in 2028: US$ 22.0 Billion
โข Growth Rate: CAGR of 4.3%
โข Base Year of Estimation: 2022
โข Historical Data: 2017-2022
โข Future Forecast Period: 2023-2028
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ, ๐๐ง๐ ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/carbon-black-market
Global Carbon Black Industry Driving Factors and Future Demand Analysis:
The escalating product demand in the rubber sector as a tire filler, on account of enhanced physical characteristics, improved strength and longevity, and reduced thermal stress, is among the primary factors driving the carbon black market. Besides this, the elevating requirement for this substance in automotive parts, including sealing systems, hoses, anti-vibration parts, and engine mounts, is further augmenting the market growth.
Moreover, the extensive investments by leading manufacturers, such as Cabot Corporation, Thai Carbon Black Public Company Limited, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, etc., for the introduction of renewable carbon black that is produced using plant-based oils of industrial-grade that are non-fossil derived feedstock, are also catalyzing the global market. Apart from this, the growing product popularity in the plastic industry to manufacture several plastic products, including pipes, films, stretch wraps, photographic containers, and industrial bags, is anticipated to propel the carbon black market over the forecasted period.
๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ, ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐๐๐ซ๐๐จ๐ง ๐๐ฅ๐๐๐ค ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ & ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐ ๐๐๐๐:
โข ๐๐๐๐จ๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
โข ๐๐ก๐๐ข ๐๐๐ซ๐๐จ๐ง ๐๐ฅ๐๐๐ค ๐๐ฎ๐๐ฅ๐ข๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ข๐ฆ๐ข๐ญ๐๐ (๐๐ข๐ซ๐ฅ๐ ๐๐๐ซ๐๐จ๐ง)
โข ๐๐ซ๐ข๐จ๐ง ๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐๐ซ๐๐จ๐ง๐ฌ ๐.๐.
โข ๐๐ก๐ข๐ฅ๐ฅ๐ข๐ฉ๐ฌ ๐๐๐ซ๐๐จ๐ง ๐๐ฅ๐๐๐ค ๐๐ข๐ฆ๐ข๐ญ๐๐
โข ๐๐จ๐ค๐๐ข ๐๐๐ซ๐๐จ๐ง ๐๐จ., ๐๐ญ๐.
โข ๐๐ฆ๐ฌ๐ค ๐๐๐ซ๐๐จ๐ง ๐๐ซ๐จ๐ฎ๐ฉ ๐๐๐
โข ๐๐ข๐๐ง๐ ๐ฑ๐ข ๐๐ฅ๐๐๐ค ๐๐๐ญ ๐๐๐ซ๐๐จ๐ง ๐๐ฅ๐๐๐ค ๐๐ง๐., ๐๐ญ๐.
โข ๐๐๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ญ๐.
โข ๐๐ก๐ข๐ง๐ ๐๐ฒ๐ง๐ญ๐ก๐๐ญ๐ข๐ ๐๐ฎ๐๐๐๐ซ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐ฅ๐จ๐ ๐๐จ๐ซ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ง๐ ๐๐๐ญ๐: https://www.imarcgroup.com/top-carbon-black-companies
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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IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
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