PUBLISHER: Lucintel | PRODUCT CODE: 1079229
PUBLISHER: Lucintel | PRODUCT CODE: 1079229
The future of the specialty carbon black market looks attractive with opportunities in the printing and packaging, building & construction, transportation, and industrial sectors. The global specialty carbon black market is expected to reach an estimated $3.7 billion by 2027 with a CAGR of 7.6% from 2021 to 2027. The major drivers for this market are increasing demand for plastics and coatings in the building and construction, packaging, and automotive industries and increasing penetration of specialty carbon black in various applications due to its excellent UV protection, pigmentation, and conductivity/anti-static properties.
Emerging trends, which have a direct impact on the dynamics of the specialty carbon black industry, include the shifting focus of carbon black suppliers from commodity to specialty function and increasing use of specialty carbon black as pigment in plastics. Some of the specialty carbon black companies profiled in this report include Orion Engineered Carbons Holdings, Birla Carbon, Cabot Corporation, China Synthetic Rubber (CSR), OMSK Carbon Group, Tokai Carbon, Continental Carbon, and Sid Richardson Carbon & Energy, among others.
A total of 111 figures / charts and 112 tables are provided in this 241-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the specialty carbon black market report, please download the report brochure.
In this market, printing & packaging is the largest end use industry, and plastics is the largest application segment. Growth in various segments of the specialty carbon black market is given below:
By Application [Kilotons and $M shipment analysis from 2016 to 2027]:
By End Use Industry [Kilotons and $M shipment analysis from 2016 to 2027]:
By Function [Kilotons and $M shipment analysis from 2016 to 2027]:
By Region [Kilotons and $M shipment analysis for 2016 - 2027]:
Lucintel predicts that plastics will remain the largest application segment for specialty carbon black, and it is also expected to witness the highest growth over the forecast period with growth in packaging, plastic pipes, films, and wires & cables. Specialty carbon black provides UV protection against polymer degradation in plastic pipes used, agriculture films, and cables.
Printing and packaging will remain the largest end use industry during the forecast period, supported by increasing demand in the food and beverage, household product, personal care, and pharmaceutical sectors.
Asia Pacific will remain largest region by value and volume, and it is also expected to witness the highest growth over the forecast period, supported by growth in demand for plastics, ink, and coatings in emerging countries, such as China and India.
Features of the Global Specialty Carbon Black Market