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Specialty Carbon Black Market 2021-26: Size, Scope, Growth, Price Trends and Forecast

According to IMARC Group’s latest report, titled “Specialty Carbon Black Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global specialty carbon black market grew at a CAGR of around 6% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Specialty carbon black refers to a refined chemical manufactured by burning hydrocarbons. It provides high opacity, thermal stability, and resistance against acids, solvents and alkanes compared to black organic dyes. Specialty black carbon is available in various forms and is extensively adopted by the paper and construction industries. They are also used to manufacture belts, hoses, boots, fascia, gaskets, air springs, grommets, diaphragms, conveyor wheels and vibration isolation devices.

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Market Trends

A significant rise in construction activities on account of rapid urbanization and renovation of existing infrastructures is primarily driving the market growth. Furthermore, as specialty carbon black has high conductivity and excellent tinting strength, it is employed in the electronics sector as a viscosity control additive for electromagnetic shielding and a semi-conductive cable compound. Moreover, specialty carbon black resists ultraviolet radiation in plastics like polyolefins by absorbing UV light and converting it into heat, which is also contributing to the market growth. Additionally, the rising utilization of specialty carbon black include carbon bushes, stretch wraps, refuse sacks, industrial bags, blow-molded containers, photographic containers, household appliances and agriculture mulch films. Besides this, the increasing focus on the introduction of innovative product variants, along with customization options, is expected to bolster the utilization of specialty carbon black in the automotive industry.

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List of Key Companies Covered in this Market Report:

The report has segmented the market on the basis of grade type and geography.

Breakup by Grade Type:

Breakup by Geography:

Key highlights of the report:

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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