According to IMARC Group’s latest report, titled “Specialty Carbon Black Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026,” the global specialty carbon black market grew at a CAGR of around 6% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.
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Specialty carbon black refers to a refined chemical manufactured by burning hydrocarbons. It provides high opacity, thermal stability, and resistance against acids, solvents and alkanes compared to black organic dyes. Specialty black carbon is available in various forms and is extensively adopted by the paper and construction industries. They are also used to manufacture belts, hoses, boots, fascia, gaskets, air springs, grommets, diaphragms, conveyor wheels and vibration isolation devices.
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A significant rise in construction activities on account of rapid urbanization and renovation of existing infrastructures is primarily driving the market growth. Furthermore, as specialty carbon black has high conductivity and excellent tinting strength, it is employed in the electronics sector as a viscosity control additive for electromagnetic shielding and a semi-conductive cable compound. Moreover, specialty carbon black resists ultraviolet radiation in plastics like polyolefins by absorbing UV light and converting it into heat, which is also contributing to the market growth. Additionally, the rising utilization of specialty carbon black include carbon bushes, stretch wraps, refuse sacks, industrial bags, blow-molded containers, photographic containers, household appliances and agriculture mulch films. Besides this, the increasing focus on the introduction of innovative product variants, along with customization options, is expected to bolster the utilization of specialty carbon black in the automotive industry.
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List of Key Companies Covered in this Market Report:
- Ampacet Corporation
- Atlas Organics Pvt. Ltd.
- Birla Carbon (Aditya Birla Group)
- Cabot Corporation
- Continental Carbon Company (CSRC USA Corp.)
- Denka Company Limited
- Himadri Speciality Chemical Ltd.
- Mitsubishi Chemical Corporation
- OMSK Carbon Group Limited
- Orion Engineered Carbon GmbH
- Phillips Carbon Black Limited
- Tokai Carbon Co. Ltd.
The report has segmented the market on the basis of grade type and geography.
Breakup by Grade Type:
- Conductive Carbon Black
- Conductive Polymers
- Paints and Coatings
- Printing Inks
- Fiber Carbon Black
- Polyester Fiber
- PP Masterbatches
- Nylon Textiles
- Food Contact Carbon Black
- Film and Sheet
- Consumer Molded Parts
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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