Conductive Carbon Additives Market is Forecasted to Reach US$ 7.3 billion in 2028, Says Stratview Research

The global conductive carbon additives market is projected to witness a growth rate of 13.5% annually from 2023 to 2028, with an anticipated size of US$ 7.3 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global 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$ 7.3 billion
Growth (CAGR): 13.5% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Conductive Carbon Additives Market:
The global conductive carbon additives market is segmented based on conductivity type, material type, application type, end-use industry type, and region.

Based on material type - The conductive carbon additives market is segmented into carbon black, graphite, CNT, CNF, and graphene. Carbon black is likely to remain at the forefront during the forecast period. Carbon black additives are 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 the application type - The market is segmented into plastics/compounds, adhesives/sealants, coatings, inks, elastomers, and energy storage. In terms of value, the energy storage segment is expected to remain the dominant as well as the fastest-growing application type in the market during the forecast period. Energy storage is likely to offer winning opportunities during the forecast period. The segment is anticipated to mark a double-digit growth, in terms of both, value and volume, during 2023-2028.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3218/conductive-carbon-additives-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market for conductive carbon additives during the forecast period, propelled by China. This growth outlook is majorly attributed to the following-
- China is likely to remain the largest Asian market, in terms of both, production as well as consumption.
- The country has been an attractive market for several industry stakeholders concerning manufacturing.
- 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.

Conductive Carbon Additives Market Drivers:

Some of the key drivers listed in the report are given below.
- Growth in new trends, such as printed electronics, foldable electronics, and flexible electronics.
- Increasing penetration of conductive additives with increasing demand for lightweight and composite materials, increasing demand for lightweight materials including carbon fiber composites, and exceptional increase in the penetration of electric vehicles as well as miniaturization of electronic devices.
- Conductive carbon additives are used across industries such as automotive, electrical & electronics, aerospace & defense, industrial, and consumer goods.

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

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the 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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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.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.