Carbon Black Market Size to Grow USD 16080 Million by 2028 with a CAGR of 4.6% | Valuates Reports

BANGALORE, India, Nov. 11, 2022 /PRNewswire/ -- Carbon Black Market is Segmented by Type (Thermal Black, Furnace Black), by Application (Tire Rubber, Other Rubber products, Non-Tire Rubber, Ink and Coating, Plastic): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Chemicals Industry Category.

The global Carbon Black market size is estimated to be worth USD 16080 Million in 2021 and is forecast to be a readjusted size of USD 16080 Million by 2028 with a CAGR of 4.6% during the review period.

Major factors driving the growth of the Carbon Black Industry:

Increased demand from the tire rubber, non-tire rubber, ink and coating, and plastic industries is what is driving the expansion of the carbon black market. Carbon black is nearly typically utilized as a filler in rubber compounds to reinforce and improve their physical qualities. Additionally, it supports rubber's volume and vulcanization. This factor is expected to drive the growth of the Carbon Black market

Get Free Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-39P10873/Global_Carbon_Black

TRENDS INFLUENCING THE GROWTH OF CARBON BLACK MARKET:

Increasing the use of carbon black in tire rubber is expected to drive the growth of the Carbon Black market. To tailor the performance characteristics of tires, carbon black is utilized in a variety of compositions with various types of rubber. For the ever-changing needs of today's drivers, engineers combine several treads and carcass grades of carbon black to improve characteristics including handling, treadwear, fuel efficiency, hysteresis, and abrasion resistance. Additionally, the tire rubber is stabilized against UV light and oxidation and is protected against fissuring and cracking thanks to carbon black's resistance to UV radiation and its role as an ozone scavenger. The addition of carbon black prevents electrostatic charging and aids in transferring heat away from some hotspots on the tire, particularly around the tread and belt. This increases the tire's lifespan and lessens thermal damage to it.

Due to consumer desire for black-colored items, the demand for black pigment from manufacturers of plastics, inks, paints, and coatings is anticipated to rise. This will result in more carbon black being used as a pigment, which in turn will fuel the Carbon Black market growth.

Products made of plastic that are used outside need to be covered by UV light in order to avoid damage. The harmful UV rays are absorbed by carbon black, which converts their energy into heat that is harmlessly diffused throughout the product. Because it boosts the strength and endurance of tires, carbon black is often employed in the sidewalls, treads, and inner liners. It is also used in a variety of industrial rubber goods that are extruded and molded, such as grommets, air springs, belts, hoses, and gaskets.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-39P10873/global-carbon-black-sales

CARBON BLACK MARKET SHARE ANALYSIS:

The leading segment, furnace black, is anticipated to increase at the fastest rate over the projection period. This type is created by burning coal or incomplete petroleum oil in an oil furnace.

Due to the automobile industry's tremendous growth, the tire segment continues to be the most lucrative segment.

The Asia Pacific region is expected to be the most lucrative region in the carbon black market. The increase in plastic usage in key end-use industries like construction, automotive, conductive polymers, and packaging is responsible for this region's rise.

Buy Regional Market Chapter On Asia Pacific:
https://reports.valuates.com/market-reports/QYRE-Auto-39P10873/global-carbon-black-sales/8 

Buy Regional Market chapter On North America: https://reports.valuates.com/market-reports/QYRE-Auto-39P10873/global-carbon-black-sales/7 

Key Companies:

• Aditya Birla
• Cabot Corporation
• Orion Engineered Carbonss
• Black Cat Carbon Black
• China Synthetic Rubber Corporation (CSRC)
• Tokai Carbon Co., Ltd.
• Omsk
• Phillips Carbon Black Limited
• Sid Richardson
• Longxing Chemical
• HUADONG RUBBER MATERIAL
• BAOHUA
• JINNENG
• DAGUANGMING GROUP

Buy Chapter On Company Profiles: https://reports.valuates.com/market-reports/QYRE-Auto-39P10873/global-carbon-black-sales/4 

Buy Now for Single User + Covid-19 Impact :  
https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-39P10873&lic=single-user 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS:

-  Recovered Carbon Black (rCB) Market Research Report

-  Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market Report

-  Furnace Carbon Black Market Report

-  Soft Grade Carbon Black Market Research Report

-  Carbon Black in Coating Market Report

-  Conductive Carbon Black Market Report

-  Tire Carbon Black Market Report

-  Tire Recovered Carbon Black Market Research Report

-  Activated Carbon Market Report

-  Carbon Accounting Software Market Report

-  Reinforced Grade Carbon Black Market

-  Carbon Black Pigment Market Report

-  Thermal Carbon Black Market Report

-  Specialty Carbon Black Market Report

-  Carbon Black Oil Market Report

-  Carbon Black Feed Stock Market Report

-  Rubber Carbon Black for Tyres Market Research Report

-  Carbon Black for Tires Market Research Report

-  Acetylene Carbon Black Market Report

-  Conductive Carbon Black Market Report

Click here to see related reports on carbon black market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg