Global Carbon Black market report, market size, share, trends, analysis and forecast to 2028
Added: (Wed Dec 07 2022)
Pressbox (Press Release) -
Stratistics MRC’s Global Carbon Black Market value is expected to reach $28.76 billion growing at a CAGR of 5.5% during 2022-2028.
Carbon black (Color Index International, PBK-7) is the name of a common black pigment, traditionally produced from charring organic materials such as wood or bone. It appears black because it reflects very little light in the visible part of the spectrum, with an albedo near zero.
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By geography, Asia Pacific is projected to have the highest CAGR over the forecast period there is a surging demand for carbon black in numerous end-use industries in Asia Pacific. This factor is boosting the production of it in the province. Factors responsible for major market share are raising automotive sector, increasing demand for vehicles, and industrialization in the area. The significant presence of market players in Asia Pacific. Market players operating in China and India are expected to witness potential revenue opportunities due to increasing demand and production of carbon black. Top market contributors are increasing their product portfolio to cater the rising demand from end-use industries.
Some of the key players profiled in the Carbon Black Market include Birla Carbon, Cabot Corporation, ChemChina, Continental Carbon, Denka Company, Hebei Daguangming Juwuba Carbon Black Co. Ltd., Himadri Speciality Chemical Ltd., Imerys, Jiangxi Black Cat Carbon Black Inc. Ltd., JINNENG, Kremenchug Carbon Black Plant, Mitsubishi Chemical Corporation, NIPPON STEEL & SUMIKIN CHEMICAL CO. LTD, OMSK Carbon Group, Orion Engineered Carbons Holdings, Phillips Carbon Black Ltd., Shijiazhuang Xinxing Chemical Carbon Co. Ltd., Tokai Carbon Co. Ltd.
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Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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