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Specialty Carbon Black Market to Reach a Value of ~ US$ 3 Bn by 2027. Global specialty carbon black market is anticipated to expand at a CAGR of 4.5% from 2019 to 2027
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Specialty Carbon BlackGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027 Aug2019 Form: Granules and Powder; and Application: Plastics (Conductive and Electrostatic Dissipative (ESD), Wires & Cables, and Other Conductive Applications), Battery Electrodes (Lithium-ion Batteries and Others), Paints & Coatings, Inks & Toners, and Others ©2019 Transparency Market Research, All Rights Reserved
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Research Insights In terms of value, the global specialty carbon black market is anticipated to expand at a CAGR of 4.5% from 2019 to 2027. The granule form segment dominated the global specialty carbon black market in 2018, due to cost effectiveness of the granule form. Moreover, the granule form of specialty carbon black can be easily transformed into a powder form with different specifications as per requirement. The specialty carbon black market in Asia Pacific is estimated to expand at a CAGR of ~ 4% during the forecast period, due to the rising demand for carbon black in plastics and battery electrodes. In May 2018, Cabot Corporation announced plans to expand its global carbon black production capacity by 300,000 metric tons by increasing the capacity of its facility at Cilegon, Indonesia, by approximately 160,000 metric tons. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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