IMARC Group, a leading market research company, has recently releases report titled Specialty Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 The study provides a detailed analysis of the industry, including the global specialty carbon black market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the specialty carbon black market?

The global specialty carbon black market is expected to exhibit a growth rate (CAGR) of 7.3% during 2023-2028.

What are drug-device combination products?

Specialty carbon black represents a refined chemical manufactured by burning hydrocarbons. It offers thermal stability, high opacity, and resistance against acids, solvents, and alkalines compared to ebony organic dyes. Specialty carbon black is currently available in various forms that find applications in several industry verticals. For instance, this chemical, coupled with medium-sized particles, is used in the paper sector for decorative and photo-protective products. In contrast, rough particles find extensive utilization in the construction industry. Specialty carbon black is also used in the manufacturing of hoses, boots, fascia, gaskets, grommets, belts, diaphragms, conveyor wheels, air springs, and vibration isolation devices.

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What are the growth prospects and trends in the specialty carbon black industry?

The escalating construction activities across the globe, on account of the emerging trend of urbanization and the development of existing infrastructure, is among the primary factors driving the specialty carbon black market. Besides this, the elevating product requirement in the electronics sector as a semi-conductive cable compound and a viscosity control additive for electromagnetic shielding, owing to its excellent tinting strength and high conductivity and dispersibility, is further augmenting the market growth. Moreover, specialty carbon black resists ultraviolet (UV) radiation in plastics, such as polyolefins, by absorbing the light and transforming it into heat, which is also catalyzing the global market. Apart from this, the growing popularity of this chemical in refuse sacks, carbon bushes, industrial bags, household appliances, stretch wraps, photographic containers, blow-molded containers, and agriculture mulch films is acting as another significant growth-inducing factor. Furthermore, the rising focus on the introduction of innovative product variants with customization options in the automotive industry is anticipated to propel the specialty carbon black market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Grade Type:

  • Conductive Carbon Black
    • Conductive Polymers
    • Paints and Coatings
    • Printing Inks
    • Others
  • Fiber Carbon Black
    • Polyester Fiber
    • PP Masterbatches
    • Nylon Textiles
    • Others
  • Food Contact Carbon Black
    • Packaging
    • Film and Sheet
    • Consumer Molded Parts
    • Others
  • Others

Breakup by Region:

  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • 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

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