Global Conductive Carbon Black Industry to reach USD XX million by 2025.
Global Conductive Carbon Black Industry valued approximately USD 118.0 million in 2017 is anticipated to grow with a healthy growth rate of more than 7.50% over the forecast period 2019-2025. The Conductive Carbon Black Industry is continuously growing across the world over the coming years. Conductive carbon black is a type of specialty carbon black that is used in various applications. Its primary use is in the electrical components and appliances as conductive carbon black is used to enhance the electrical conductivity of materials. Due to this electrical conductivity, the mechanical properties and strength of the particular material are enhanced. Growth in research and development activities, rise in rubber industry, growing use in plastic & construction sector are the substantial drivers of the Industry across the globe. Moreover, increasing demand of conductive carbon black from developing regions, which are likely to creating lucrative opportunity in the near future. However, fluctuation in raw material prices and availability of its alternative such as silica are the factors which limiting the Industry growth of Conductive Carbon Black across the world.
The regional analysis of Global Conductive Carbon Black Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of Industry share owing to low labor hiring and land cost in the region. Europe is estimated to grow at moderate rate in the global Conductive Carbon Black Industry over the upcoming years. North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025.
Conductive Carbon Black Industry Share and Size by 2019-2025
Conductive Carbon Black Market Segmentation:
* Battery Electrodes
* Paints & Coatings
* Other Application
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Conductive Carbon Black Market are as follows:
Orion Engineered Carbon S.A.
Imerys Graphite & Carbon Switzerland S.A.
Tokai Carbon Company Limited
Phillips Carbon Black Limited
Denka Denki Kagaku Kogy - Kabushiki Kaisha
Asbury Carbons Inc.