Specialty Carbon Black Market Analysis: Plant capacity, Production, Operating Efficiency, Process, Demand & Supply, Type, End Use industries, Sales Channel, Regional Demand, 2015-2030

Format: Online | Last Updated: Nov 2021

[Online Quarterly Update] Specialty Carbon Black demand stood at 1.95 Million Tonnes in 2020 and is forecast to reach 3.23 Million Tonnes by 2030, growing at a healthy CAGR of 5.02% until 2030. The escalation is attributed to the increasing demand from downstream industries which include its application to overcome conductivity issues in lithium-ion batteries for electric vehicles like trucks, bikes etc. owing to its better energy density and lightweight as compared to conventionally use compound, nickel-cadmium. Specialty Carbon Black also known as pigment black, is a processed carbon black powder with high carbon content and pigmentation characteristics. It is used to impart distinctive characteristics in specialized non-rubber end user applications some of which include plastics, printing inks and paints & coatings industry for pigmentation and imparting desired properties such as UV protection and conductivity. Rising construction and industrial activities and growing adoption of automobiles are adding to the growth of the global specialty carbon black market. 
 
The plastics industry is the largest end user industry of Specialty Carbon Black, where it is used to impart colour, improve thermal insulation, and impart UV resistance to plastic products such as pipes, engineering plastics, cables, and synthetic fibres. In the automotive sector, Specialty Carbon Black is used to provide aesthetic appeal to vehicles, improve the durability of components and provide protection against corrosion. During the historical period 2015-2019, global automobile production grew at a CAGR of around 4%, and the industry is expected to witness higher growth over the coming years, thereby boosting demand for Specialty Carbon Black through 2021. 
 
Specialty Carbon Black is a crude oil derivative and hence its price is directly linked to the fluctuations in crude oil prices internationally. Volatility in the prices of crude oil has remained a major challenge for Specialty Carbon Black manufacturers in 2020. Specialty Carbon Black prices remained under pressure in the first half of the year weighed over by an unprecedented fall in crude oil and demand slowdown during Q1-2020 and Q2-2020. 
 
A sudden pause in Specialty Carbon Black market growth was witnessed in 2020, caused by the COVID-19 pandemic, as most of the manufacturing sectors suffered due to disturbance in their functioning coupled with the disruption in demand and supply chain. The demand from end-use industries such as automotive, consumer goods, construction, and others was also declined that consequently impacted the market for Speciality Black carbon in the first half of 2020. The emerged economies like Western Europe, the USA and others have registered enormous growth across construction and other downstream sectors during end of 2020 reaching pre-COVID levels which is further anticipated to propel the Specialty Carbon Black demand in coming years. 
 
Geographically, in 2020 Asia-Pacific holds the largest share (45%) followed by North America and Europe in the global Specialty Carbon Black market backed by manifold development across downstream sectors including construction, automotive and others appearing in developing countries like China, India, and others. 
 
Some of the major players operating in the Specialty Carbon Black market globally are Orion Engineered Carbons S.A., Cabot Corporation, Birla Carbon, Phillips Carbon Black Limited, Denka Company Limited, Tokai Carbon Co. Ltd, Mitsubishi Chemical Corporation, China Synthetic Rubber Corporation, Shandong Huibaichuan New Materials Co., Ltd, Imerys SA and others.
 
Years Considered for this Report:
 
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030

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Objective of the Study: 

• The primary objective of the study was to evaluate and forecast the Specialty Carbon Black capacity, production, demand, inventory, and demand–supply gap globally. 
• To categorize Specialty Carbon Black demand based on Application, Type, region and distribution channel.
• To identify major customers of Specialty Carbon Black globally.
• To evaluate and forecast Specialty Carbon Black pricing globally.
• To identify and profile major companies operating globally Specialty Carbon Black market.
• To identify major news, deals and expansion plans globally Specialty Carbon Black market.
 
 
 To extract data for Global Specialty Carbon Black market, primary research surveys were conducted with Specialty Carbon Black manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Specialty Carbon Black market over the coming years.
 
ChemAnalyst calculated Specialty Carbon Black demand globally by analyzing the historical data and demand forecast which was carried out considering the Application industries growth. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst. 
 
Key Target Audience
 
• Specialty Carbon Black manufacturers and other stakeholders
• Organizations, forums and alliances related to Specialty Carbon Black distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
 
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Specialty Carbon Black manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
 
Report Scope: 
 
In this report, the Global Specialty Carbon Black market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
 
Attribute
Details
Market size volume in 2020
1.95 million tons
Market size volume in 2030
3.23 million tons
Growth Rate
CAGR of 5.02% from 2021 to 2030
Base year for estimation
2020
Historic Data
2015 – 2019
Forecast period
2022 – 2030
Quantitative units
Demand in tons and CAGR from 2021 to 2030
Report coverage
Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
 
Segments covered
By Type: Lamp Black, Acetylene Black, Conductive Black,   Others
By End Use: Plastics, Printing Inks & Toners, Paints & Coatings, and Others (automotive, construction, etc.)
By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Channel Sales
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled
Orion Engineered Carbons S.A., Cabot Corporation, Birla Carbon, Phillips Carbon Black Limited, Denka Company Limited, Tokai Carbon Co. Ltd, Mitsubishi Chemical Corporation, China Synthetic Rubber Corporation, Shandong Huibaichuan New Materials Co., Ltd, Imerys SA and others.
Customization scope
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needsExplore purchase options
 
Available Customizations:
 
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs. 
 
In case you can’t find what, you are looking for then please get in touch with our custom research team at sales@chemanalyst.com

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