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Lucintel Forecasts Specialty Carbon Black Market To Reach $3 Billion By 2025
According to the recent study the specialty carbon black market is projected to reach an estimated $3 billion by 2025 from $2.1 billion in 2019, at a CAGR of 6% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for plastic and coating in the building and construction, packaging, and automotive industries.
Browse 113 figures / charts and 112 tables in this 198-page report to understand trends, opportunities and forecast in specialty carbon blacks market by application (plastic, ink, coating, and others), by end use (printing and packaging, building and construction, transportation, industrial, and others), by function (color, UV protection, conductive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/specialty-carbon-black-market.aspx
“Plastic market is expected to remain the largest segment during the forecast period.”
Based on application, the specialty carbon black market is segmented into plastic, ink, coating, ...
... and others. Lucintel forecasts that the plastic market is expected to remain the largest segment and it is also expected to witness the highest growth over the forecast period with growth in packaging, plastic pipe, film, and wire and cable.
“Within the specialty carbon black market, the printing and packaging segment is expected to remain the largest end use industry”
Based on end use industry, the printing and packaging segment is expected to witness the highest growth over the forecast period supported by increasing demand in the food and beverages, household products, personal care, and pharmaceuticals sectors.
“Asia Pacific will dominate the specialty carbon black market in near future”
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period supported by growth in demand for plastic, ink, and coatings in emerging countries, such as China and India.
Download Brochure of this report by clicking on https://www.lucintel.com/specialty-carbon-black-market.aspx
Major players of specialty carbon blacks market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Orion Engineered Carbons Holdings, Birla Carbon, Cabot Corporation, China Synthetic Rubber (CSR), OMSK Carbon Group, Tokai Carbon, Continental Carbon, and Sid Richardson Carbon & Energy and others are among the major specialty carbon blacks providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/specialty-carbon-black-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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