Sep 12, 2022   SOURCE: BusinessWire

Global Specialty Carbon Black Market to 2030 - Featuring Orion Engineered Carbons, Cabot and Birla Carbon Among Others - ResearchAndMarkets.com

The "Global Specialty Carbon Black Market Analysis: Plant capacity, Production, Operating Efficiency, Process, Demand & Supply, Type, Application, Sales Channel, Region, Competition, Trade, Customer, and Price Intelligence Market Analysis (2015-2030)" report has been added to ResearchAndMarkets.com's offering.

Global Specialty Carbon Black demand stood at 1.95 Million Tonnes in 2020 and is forecast to reach 3.23 Million Tonnes by 2030, growing at a healthy CAGR of 5.02% until 2030.

The escalation is attributed to the increasing demand from downstream industries which include its application to overcome conductivity issues in lithium-ion batteries for electric vehicles like trucks, bikes etc. owing to its better energy density and lightweight as compared to conventionally use compound, nickel-cadmium. Specialty Carbon Black also known as pigment black, is a processed carbon black powder with high carbon content and pigmentation characteristics.

It is used to impart distinctive characteristics in specialized non-rubber end user applications some of which include plastics, printing inks and paints & coatings industry for pigmentation and imparting desired properties such as UV protection and conductivity. Rising construction and industrial activities and growing adoption of automobiles are adding to the growth of global specialty carbon black market.

The plastics industry is the largest end user industry of Specialty Carbon Black, where it is used to impart colour, improve thermal insulation and impart UV resistance to plastic products such as pipes, engineering plastics, cables and synthetic fibres. In automotive sector, Specialty Carbon Black is used to provide aesthetic appeal to vehicles, improve durability of components and provide protection against corrosion. During historical period 2015-2019, global automobile production grew at a CAGR of around 4%, and the industry is expected to witness higher growth over the coming years, thereby boosting demand for Specialty Carbon Black through 2021.

However, sudden pause in Specialty Carbon Black market growth has witnessed in 2020 caused by COVID-19 pandemic which has led to halt in the manufacturing sector and has impacted demand from plastic consuming industries viz., automotive, consumer goods, construction, and others.

The emerging economies Western Europe, USA and others have registered enormous growth across construction and other downstream sector during end of 2020 reaching pre-COVID levels which is further anticipated to propel the Specialty Carbon Black demand in coming years. Geographically, in 2020 Asia-Pacific hold the largest share of over 45% followed by North America and Europe in global Specialty Carbon Black market backed by manifold development across downstream sector including construction, automotive and others appearing in developing countries like China, India and others.

Some of the major players operating in the global Specialty Carbon Black market are Orion Engineered Carbons S.A., Cabot Corporation, Birla Carbon, Phillips Carbon Black Limited, Denka Company Limited, Tokai Carbon Co. Ltd, Mitsubishi Chemical Corporation, China Synthetic Rubber Corporation, Shandong Huibaichuan New Materials Co., Ltd, Imerys SA and others.

Years Considered for this Report:

  • Historical Years: 2015 - 2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022 - 2030

Objective of the Study:

  • The primary objective of the study was to evaluate and forecast the Specialty Carbon Black capacity, production, demand, inventory, and demand-supply gap globally.
  • To categorize Specialty Carbon Black demand based on Application, Type, region and distribution channel.
  • To identify major customers of Specialty Carbon Black globally.
  • To evaluate and forecast Specialty Carbon Black pricing globally.
  • To identify and profile major companies operating globally Specialty Carbon Black market.
  • To identify major news, deals and expansion plans globally Specialty Carbon Black market.

Key Topics Covered:

1. Global Specialty Carbon Market Outlook, 2015-2030

1.1. Capacity, By Volume

1.1.1. By Company

1.2. Production, By Volume

1.2.1. By Company

1.3. Operating Efficiency

1.3.1. By Company

2. Global Specialty Carbon Demand Outlook, 2015-2030, By Volume

2.1. By Type

2.2. By End Use

2.3. By Region

2.4. By Company

3. North America Specialty Carbon Market Outlook, 2015-2030

4. North America Specialty Carbon Demand Outlook, 2015-2030, By Volume

5. Asia Pacific Specialty Carbon Market Outlook, 2015-2030

6. Asia Pacific Specialty Carbon Demand Outlook, 2015-2030, By Volume

7. Europe Specialty Carbon Market Outlook, 2015-2030

8. Europe Specialty Carbon Demand Outlook, 2015-2030, By Volume

9. MEA Specialty Carbon Market Outlook, 2015-2030

10. MEA Specialty Carbon Demand Outlook, 2015-2030, By Volume

11. South America Specialty Carbon Market Outlook, 2015-2030

12. South America Specialty Carbon Demand Outlook, 2015-2030, By Volume

13. By Region

13. News and Deals

For more information about this report visit https://www.researchandmarkets.com/r/m7wrja