Electrically Conductive Carbon Additives Market is Forecasted to Reach US$ 5.4 Billion in 2028, Says Stratview Research

The global Electrically Conductive Carbon Additives Market is projected to witness a growth rate of 17.4% annually from 2023 to 2028, with an anticipated size of US$ 5.4 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Electrically Conductive Carbon Additives Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 5.4 billion
Growth (CAGR): 17.4% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Electrically Conductive Carbon Additives Market:
The global Electrically Conductive Carbon Additives Market is segmented material type, application type, end-use industry type, and region

Based on material type: The electrically conductive carbon additives market is segmented into carbon black, graphite, CNT, CNF, and graphene. In terms of value and volume, carbon black is likely to remain at the forefront during the forecast period. Carbon black is ideally suited for applications in li-ion batteries, advanced lead-acid batteries, alkaline batteries, and electrical components. The low surface area of conductive carbon blacks shows a particular advantage for dispersion and easy processing.

Based on application type: The electrically conductive carbon additives market is segmented into plastics/compounds, adhesives/sealants, coatings, inks, elastomers, and energy storage. Energy storage remained the biggest demand generator during the forecast period.

Based on end-user type: The market is segmented into Automotive, Aerospace & Defense, Electrical & Electronics, Industrial, and Consumer Goods. The automotive industry is likely to remain the biggest demand-generator of the market till 2028. A huge inclination towards the electrification of vehicles globally, resulting in a massive demand for batteries, is ultimately likely to give an impetus to the market in the long term.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis Asia-Pacific is expected to remain the largest market for electrically conductive carbon additives during the forecast period. This growth outlook is majorly attributed to the following-
• China leads the global automotive and EV market. Further, it also has huge dominance in the electricals and electronics, consumer goods, and industrial sectors.
• Most of the electrically conductive carbon additive suppliers have their presence in the region to address the emergent needs of customers and to be the partners for their plans.
• North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in vehicle production coupled with a paradigm shift from ICE to electric vehicles.

Electrically Conductive Carbon Additives Market Drivers:
The Electrically Conductive Carbon Additives Market is driven by several key factors, including:
• Increasing demand for EMI shielding due to the rising applications of electronic components in various end-use industries along with emerging technologies such as 5G network, IoT, and advanced driver assistance, is likely to drive the demand for electrically conductive additives.

Top 10 Companies in the Electrically Conductive Carbon Additives Market:
Stratview Research has identified the following companies as the top market players:
• Aditya Birla Carbons
• Asbury Carbons
• Cabot Corporation
• Imerys Group
• Orion Engineered Carbons S.A.
• Tokai Carbon

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Electrically Conductive Carbon Additives Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Related Reports:
• Conductive Carbon Additives Market: https://www.stratviewresearch.com/3218/conductive-carbon-additives-market.html
• Electrically Conductive Additives Market : https://www.stratviewresearch.com/3215/electrically-conductive-additives-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.