Transparency Market Research in its new report titled, “Conductive Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” provides key insights on the conductive carbon black market. The new report states that the rapid growth of the plastic and automotive industries will drive the conductive carbon black market in the region during the forecast period i.e, 2017 – 2025.
The report has segmented the global conductive carbon black market on the basis of application and geography. In terms of application, the global conductive carbon black market is bifurcated into plastics, battery, electrodes, paints & coatings, rubber, etc. Conductive carbon black is considered as a pure elemental form of carbon and is one of the top 50 industrial chemicals manufactured globally. Carbon black finds major share as a reinforcing agent in rubber, as per the report. Conductive carbon black is mainly used in applications for improving the physical properties of polymers as to increase their durability, tensile strength, and resistance to abrasion, friction, and corrosion.
In terms of regional perspective, the TMR report has divided the global conductive carbon black market into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Among these, North America and Europe are the major markets for conductive carbon black market, led by the growth of the electronic industry. The conductive carbon black companies in Asia Pacific and Latin America are investing significantly in research and development. The potential growth of plastic and automotive industries in the countries of Asia Pacific is expected to drive the conductive carbon black market in the region.
Prominent players operating in the global conductive carbon black market are profiled in this report to give a better competitive analysis and these companies are Cabot Corporation, Birla Carbon, Orion Engineered Carbons S.A., Imerys Graphite & Carbon Switzerland SA., AkzoNobel N.V., Tokai Carbon Company Limited, Ampacet Corporation, Phillips Carbon Black Limited, Denka Denki Kagaku Kogyo Kabushiki Kaisha, and Asbury Carbons, Inc. These companies account for a significant share of the conductive carbon black market. Thus, the conductive carbon black market experiences intense competition, predicts the TMR report.
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