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Carbon Black Market Overview, Size, Share, Key Players, Growth Trend, and Forecast, 2020–2027

Global research report called Carbon Black Market was recently published by Reports and Data. to provide guidance for the business. The new research study on Carbon Black market sheds light on the current scope as well as on the upcoming opportunities in the future.
The global Carbon Black Market is forecast to reach USD 28.91 Billion by 2027, according to a new report by Reports and Data. Carbon black is increasingly being used in tires, rubber and plastic products, printing inks, and coatings, owing to these properties. It is used in tires as it provides excellent rubber reinforcement. Though primarily used for strengthening rubber in tires, the product can also act as a pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating applications. Apart from tires, other everyday uses of carbon black are seen in objects like hoses, conveyor belts, plastics, printing inks, and automotive coatings.
Carbon black is one of the most commonly used conductive additive used for these batteries due to low weight, low cost, and high chemical inertness. Furthermore, it also provides higher battery capacity and rate capability and is non-toxic. Several studies have successfully shown that the adoption of the product improves the battery cycle life. For instance, Berkeley Lab researchers led by Robert Kostecki used carbon black additive for manufacturing composite cathodes for lithium-ion batteries. The resulting lithium-ion cells were found to last one-third longer and deliver more energy, at no significant increase in cost.
Top companies profiled in the report include:
Phillips Carbon Black Limited, Cabot Corporation, OCI Company Ltd., Birla Carbon, Omsk Carbon Group, Orion Engineered Carbons SA, Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. Tokai Carbon, a Japanese chemical company is major global manufacturer. The company offers a wide variety of products, including SEAST, TOKABLACK, Aqua Black, and Thermal Black, for applications ranging from the automotive industry to electrical and electronics.
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The global materials & chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper & pulp, and metals & minerals. Growth of the global materials & chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil & gas, pharmaceutical, food & beverage, cosmetics & personal care, textile, manufacturing, petrochemical, and water and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials & chemicals industry growth.

To know more about the report @ https://www.reportsanddata.com/report-detail/carbon-black-market
Global Carbon Black Market Segmentation:
Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Furnace Black Process
• Channel Black Process
• Thermal Black Process
• Acetylene Black Process
Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Standard Grade
• Specialty Grade
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Tires and Industrial Rubber
• High Performance Coating
• Plastics
o Films and Sheets
o Pressure Pipes
o Molded Parts
• Toners and Printing Inks
• Wires and Cables
• Paints and Coatings
• Textile Fibers
• Others
Regional Analysis covers:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o Italy
o UK
o Rest of EU
• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o South Africa
o UAE
o Rest of MEA
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