123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Carbon Black Market Size, Share, Industry Segments, Growth, Trends, Demand, Key Player Profile 2023

Profile Picture
By Author: Market Research Future
Total Articles: 279
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Research Future Has Published a Cooked Research Report on the Global Carbon Black Market - Forecast to 2023

Market Analysis:

The Global Carbon Black Market is predicted to touch USD 17,230.4 Billion at a 4.59% CAGR over the forecast period (2015-2023), states the new Market Research Future (MRFR) report. Carbon Black, simply put, is a rubber-reinforcing additive that is used in various rubber products. In comparison to other colorants, it has higher coloring power, thus is used as an ink-jet toner, printing newspapers, and other similar uses. Carbon Black is also utilized as a pigment for coating electric wires, car fenders, heat-molded plastics, and other products. Owing to its excellent conductive properties, carbon black is also used as a component for semiconductors and magnetic tapes.

Various factors are propelling the Carbon Black Market Growth. These factors, as stated by the latest MRFR report, include increasing use in the production of plastics, rising use of plastics in electronic and electrical components, increase in the refurbishment of automobiles, thriving tire industry, and demand ...
... as a pigment in plastics, coatings, and other industries.

On the contrary, volatility in costs of raw materials, presence of carcinogenic content that causes respiratory discomfort and risk of lung cancer, and availability of alternatives such as silica are factors that may impede the Carbon Black Market growth over the forecast period.

Key Players:

Leading Players profiled in the Carbon Black Market report include Jiangxi Black Cat Carbon Black Inc., Ltd, Suzhou Baohua Carbon Black Co., Ltd., Hebei Daguangming Juwuba Carbon Black Co. Ltd., Shijiazhuang Xinxing Chemical Carbon Co. Ltd., NIPPON STEEL & SUMIKIN CHEMICAL CO., LTD., Shandong Huadong Rubber Materials Co., Ltd., Kremenchug Carbon Black Plant, Sid Richardson Carbon and Energy Co. Ltd., ChemChina, Himadri Speciality Chemical Ltd., JINNENG, Longxing Chemical, Tokai Carbon Co., Ltd., Phillips Carbon Black Ltd., Orion Engineered Carbons, OCI COMPANY Ltd., Cabot Corporation, and Mitsubishi Chemical Corporation.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4701

June 2019: Orion Engineered Carbons SA, leading supplier of high performance and specialty carbon black will soon expand their production capacity for Gas Blacks in Germany.

Market Segmentation:

The MRFR Report Provides a complete Segmental Analysis of the Carbon Black Market report based on Process Type, Function, and End Use.

Based on Process Type, the Carbon Black Market is segmented into acetylene black, thermal black, channel black, furnace black, and others. Of these, the furnace black segment will have the largest share in the market over the forecast period. Furnace black is widely used as its manufacturing technique allows mass production with various particle structures and sizes. Moreover, it is also used in different applications, including coloring and rubber reinforcement.

Based on Function, the Carbon Black Market is segmented into pigments and reinforcement.

Based on End Use, the Carbon Black Market is segmented into plastics, inks, paints and coatings, non-tire, tire, and others. Of these, the tire segment will dominate the market over the forecast period. Carbon Black is widely utilized in tire manufacturing as a filler and strengthening agent. It is also used in sidewalls, treads, inner liners, and carcasses using various types resting on definite performance needs.

Regional Analysis:

By Region, the Carbon Black Market Report covers the latest trends and growth opportunities across North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa. Of these, the APAC region will dominate the market over the forecast period. It is predicted to touch USD 9,242.0 million by 2023. Factors aiding growth in the region include healthy growth of end users in the region, elevated penetration in different end use industries, constant industrialization, and swift urbanization. Moreover, the policymakers in China, India, and South Korea are making good investments for expanding their commercial and residential infrastructure, which is boosting the market growth.

The Global Carbon Black Market in North America is predicted to have favorable growth over the forecast period. Factors aiding growth in the region include growing demand for personal cars, increased production of rubber goods and tire in the region, and the presence of leading end use industries, especially in the US.

The Carbon Black Market in Europe is predicted to have a significant share in the market over the forecast period. Germany is the key contributor in this region due to increased automotive production.

The Carbon Black Market in Latin America and the Middle East and Africa is predicted to have a steady growth over the forecast period.

Have Any Query? Ask Our Expert @ https://www.marketresearchfuture.com/enquiry/4701

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Total Views: 100Word Count: 871See All articles From Author

Add Comment

Business Articles

1. What Are The Qualities Of A Good Security Guard?
Author: Logan Hartley

2. Organic Yeast Market: An Exclusive Study On Upcoming Trends And Growth Opportunities
Author: Lucintel LLC

3. Enzymes Market Is Projected To Reach $14.7 Billion By 2025
Author: MarketsandMarkets

4. Why Is Al Maya The Best Food Distributor?
Author: jessicafourie

5. Apm Commercial Paving And Parking Lot Paving Bay Shore Ny
Author: apmcommercialpaving

6. Top 5 Child Nft Artists Who Are Ruling The Industry
Author: alicia adley

7. A 3-minute Read On The Uber For Massage Services App Development
Author: Clara Fernandas

8. Why Do Most People Like Interior Design?
Author: The Archspace

9. Decorative Flooring Services
Author: floorkrete

10. Best Store For Wholesale Junior Clothing
Author: Bonnie Hill

11. Medtronic Newsletter
Author: haven smith

12. Benefits & Features Of Astronomical Street Light Timers
Author: AEPL

13. Lucintel Forecasts Mycotoxin Testing Market To Reach Grow At A Cagr Of 6%-8% From 2020 To 2025
Author: Lucintel LLC

14. Global Manager Group Celebrates Thanksgiving And Blackfriday With 20% Discount Offer On Documents And Training Kits
Author: Global Manager Group

15. Sit, Stand, And Move: The Advantages Of Height-adjustable Desks
Author: samaira reddy

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: