Stratview Research has published a new report titled “Specialty Carbon Black Market” which is segmented by Application Type (Plastic, Ink, Coating, and Others), by End-Use Industry Type (Transportation, Industrial, Building & Construction, Printing & Packaging, and Others), by Function Type (Color, UV Protection, Conductive, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

 

As per the study, the market was estimated to grow from US$ 2.52 Billion in 2021 to US$ 4.93 Billion by 2028 at a CAGR of 10.01% during the forecast period 2022-2028.

Specialty Carbon Back is the purest carbon black form that has a lower amount of metals, Sulphur, ashes, or any other impurities. Furnace black, lampblack, acetylene black, and thermal black are some of the processes through which this particular carbon black form is processed and obtained.

Specialty Carbon Black is featured to offer protection against conductivity, UV protection, and other factors. It is used mainly in a number of areas such as plastics, printing inks, coatings, and toners.

 

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

 

The market is bifurcated into various segments. Below given is the segment-wise analysis -

By Application Type

The Plastic Application segment dominated the specialty carbon black market and is expected to remain the major one during the forecast period of 2022-28.

The specialty carbon black market has been segmented as plastic, ink, coating, and others. Further, it is also expected to register the highest growth during the forecast period of 2022-28.

 

By End-Use Industry Type

The Printing & Packaging Industry led the demand for specialty carbon black and is expected to remain dominant during the forecast period of 2022-28.

The market is segmented as transportation, industrial, building & construction, printing & packaging, and others. The growth of this segment is driven by the demand from household products, food & beverages, and pharmaceutical sectors.

 

Which Region is expected to remain the largest market?

Asia-Pacific held the largest share of the market >46.80% in 2021 and expected to remain the largest market for specialty carbon black during the forecast period of 2022-28.

Significant economic development in the region along with the rising disposable income has led to expanding end-use industries, such as building and construction, automotive, food & beverage, personal care, and healthcare. All these factors are contributing towards the dominance of Asia-Pacific in the global specialty carbon black market.

 

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Specialty Carbon Black Market:

  • Birla Carbon
  • Orion Engineered Carbons S.A.
  • Cabot Corporation
  • Omsk Carbon Group
  • Philips Carbon Black Limited
  • China Synthetic Rubber Corporation
  • Tokai Carbon CB, Ltd.

 

Key questions answered by the report.

  • What is the projected CAGR for revenue from the Specialty Carbon Black Market during the forecast period?
  • What would be the market be valued at by 2028?
  • What is a major driving factor for growth of the market?
  • Which region accounted for largest revenue share in the Specialty Carbon Black Market?
  • Which are the major market players?

 

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.