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Carbon Black Market

Carbon Black Market

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Carbon Black Market

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  1. Carbon Black Market Future Opportunities, Segmentation, Growing Demand and Covid-19 Impact Analysis By Top Companies, and Forecast to 2027 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Carbon Black Industry • The carbon black market share is expected to surpass USD 24.4 billion by 2027, cites the latest research by Global Market Insights, Inc. • The COVID-19 pandemic has impacted the global carbon black market owing to a decline in the electronics industry demand in the light of nationwide lockdowns. Due to this, the year 2020 recorded a negative product demand. • Despite that, the industry is driven by a number of initiatives undertaken by major carbon black manufacturers and various organizations. For instance, in March 2020, a test facility was being developed for the conversion of CO2 from the air into solid carbon at KIT (Karlsruhe Institute of Technology). • The unit will be the world’s first-of-its-kind container-scale facility for the conversion of CO2 present in the ambient air into immensely pure carbon black powder that can be deployed as a resource in the industry. Such advancements are touted to propel the demand for carbon black powder and other materials through the coming years. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • This growth is due to the high demand for coatings on account of surging product applications across the automotive, aerospace, and packaging industries. These coatings will witness a growth of 5.9% through the anticipated period. • In addition, the market is propelled by strong demand for polymers from numerous end-user sectors. The polymer segment will witness a growth of 6.3% over the analysis period. The current trend of the replacement of metals with polymers is bolstering the demand for polymers across the transportation as well as automobile industries. • The rising usage of specialty carbon black across an extensive range of polymers ranging from polyolefins to engineering thermoplastics is one of the major trends in the carbon black industry. This increase is due to the long lasting opacity or color which is offered by carbon black materials. The industry is characterized by increased demand for coatings, paints, polymers, and inks in the Asia Pacific. • Furthermore, several companies, comprising Cabot Corporation, Himadri Specialty Chemical Ltd., and Orion Engineered Carbon are focusing on the expansion of production facilities for tapping the potential of the specialty carbon black market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/3551 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Moreover, increasing opportunities for export to nearby regions like the Asia Pacific and the Middle East have been instrumental in driving product adoption in Europe. The region is characterized by the strong growth of the rubber segment owing to the surging demand for mechanical rubber goods and tires. Countries situated in Eastern Europe have depicted promising growth owing to the improving economic environment. • On the whole, the rapidly expanding demand for carbon black materials in the tires and rubber goods industry will augment market size through the estimated span. Request for customization:https://www.gminsights.com/roc/3551 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Cabot Corp., Continental Carbon Company, HEG Ltd., Showa Denko K. K., Bridgestone Corp., Phillips Carbon Black Limited, Birla Carbon, Orion Engineered Carbons, OCI Company Ltd., GrafTech International, Lianyungang Jinli Carbon Co., Ltd., Tokai Carbon, BTR New Material Group Co., Ltd. are some of the key players operating in the Carbon Black Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Carbon Black Market@ https://www.gminsights.com/industry-analysis/carbon-black-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/3551 Request for customization: https://www.gminsights.com/roc/3551 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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