Carbon Black Market Size and Growth Forecast Report 2020

1. Market Overview: The global carbon black market was valued at around USD 12.06 billion by revenue, at the end of 2020. It is likely to garner at a CAGR of 4.63% to reach USD 15.12 billion by 2025. Carbon black is termed a pure elemental carbon that is like fine or aggregate particles which are made by incomplete combustion or decomposition of hydrocarbons in controlled temperature and pressure. Furnace black is usually made with the help of heavy aromatic oils as feedstock. Carbon black is employed in a broad range of materials in order to better their performance on the basis of physical, electric, and optical properties. Market drivers and restraints: Escalating call for specialty-grade carbon black for employment as a pigment in coatings, plastics, and other businesses have augmented dominating black carbon makers to boost their production capacity for specialty–grade carbon black. Changes in prices of raw materials and dangerous gases emitted into the atmosphere throughout the making are the vital restraining aspects for the world carbon black market. The external alteration of carbon black by other materials like precipitated silica or nano-silica is another constraint of the carbon black market. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/carbon-black-market Report segmented as: By type: Acetylene Furnace Channel Thermal Others By pigment source: Ivory black Vine black Lamp black By application: Tyres Non-tyre rubber Inks and coatings Plastic Others By grade:

2. Standard grade Specialty grade Geographical analysis: On the basis of geography, Asia Pacific had the biggest market share in the year 2018 and is estimated to be quickest growing market in the projected period, owing to the increasing demand from growing industries. Important market players: The key companies operating in the global carbon black market are Cabot Corporation (U.S.), Thai Carbon Black Public Company Limited (Thailand), Orion Engineered Carbons SA (Luxembourg), Jiangxi Black Cat Carbon Black Inc., Ltd. (China), China Synthetic Rubber Corporation (China), Phillips Carbon Black Limited (India), Tokai Carbon Co., Ltd. (Japan), OCI Company Ltd. (South Korea), and Mitsubishi Chemical Corporation (Japan). View a sample and decide: https://www.marketdataforecast.com/market-reports/carbon-black-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626

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