Uploaded on Aug 11, 2020
The global Carbon Black market is forecast to reach USD 28.91 Billion by 2027, according to a new report by Reports and Data.
Carbon Black Market
Carbon
Black
Market to
Reach USD
28.91 Billion
By 2027
Market Summary
Market Size – USD 18.11 Billion in 2019, Market Growth - CAGR of 6.1%, Market Trends – Rise in
demand for the product in lithium cell batteries.
The global Carbon Black market is forecast to reach USD 28.91 Billion by 2027, according to a new
report by Reports and Data. Carbon black is increasingly being used in tires, rubber and plastic products,
printing inks, and coatings, owing to these properties. It is used in tires as it provides excellent rubber
reinforcement. Though primarily used for strengthening rubber in tires, the product can also act as a
pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating
applications.
Further key findings from the report suggest
• Resins manufactured using carbon black are widely used in automobile bumpers, steel pipe linings,
and wire coverings. When mixed with resins in a small amount, the product can absorb ultraviolet
light, providing excellent resistance against ultraviolet rays and coloring.
• The graphite-type crystalline structure of the product ensures excellent electric conductivity. Thus, the
product is widely used as conductive filler, being mixed in plastics, elastomer, paints, adhesives, films,
and pastes.
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Market Summary
Key Players:
Phillips Carbon Black Limited, Cabot Corporation, OCI Company Ltd., Birla Carbon, Omsk Carbon Group, Orion
Engineered Carbons SA, Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. Tokai Carbon, a Japanese
chemical company is major global manufacturer.
Segmentation:
Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Furnace Black Process
Channel Black Process
Thermal Black Process
Acetylene Black Process
Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Standard Grade
Specialty Grade
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Market Summary
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Tires and Industrial Rubber
High Performance Coating
Plastics
Toners and Printing Inks
Wires and Cables
Paints and Coatings
Textile Fibers
Others
Regional Outlook for Carbon Black Market analyses the following geographies:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying
causes?
Q.4.Which factors are impacting the future of the market and what are the driving
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast
period?
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About Us
Reports and Data is a market research and consulting company that provides syndicated research reports,
customized research reports, and consulting services. Our solutions purely focus on your purpose to
locate, target and analyze consumer behavior shifts across demographics, across industries and help
client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-
based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and
Energy. We consistently update our research offerings to ensure our clients are aware about the latest
trends existent in the market. Reports and Data has a strong base of experienced analysts from varied
areas of expertise.
Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
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