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Global Specialty Carbon Black Market to reach USD 5.7 billion by 2028.

Global Specialty Carbon Black Market Size study, by Grade (Conductive Carbon Black, Fiber Carbon Black, Food Contact Carbon Black, Other Carbon Black) and Regional Forecasts 2022-2028

Product Code: CMCC-54739545
Publish Date: 27-05-2022
Page: 200

Global Specialty Carbon Black Market is valued at approximately USD 2.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10% over the forecast period 2022-2028. Specialty carbon black is a refined chemical made by burning hydrocarbons in a restricted environment. Specialty carbon black, also known as pigment black, is the purest form of carbon black, containing the least amount of ash, sulphur, metals, and other impurities. Thermal stability, high opacity, and resistance to acids, alkalis, and black organic dyes are all potential growth drivers for the specialty carbon black market. They come in a variety of shapes and sizes and are thus used in a variety of applications by various end-user industries. The paper industry uses medium-sized granules as photoprotective products and decorative elements. They are, on the other hand, used in the construction industry. The specialty carbon black industry’s primary end-user industries, on the other hand, are the automotive and manufacturing industries. However, the primary market constraint for the specialty carbon black industry is the fluctuation in crude oil prices. The market for specialty carbon black is highly concentrated, with a few companies controlling the majority of the market. The market is experiencing massive capital expansions as companies compete for future market share. Companies like Continental Carbon and Birla Carbon are taking steps to ensure that the market grows at a faster pace. For example, OMSK Carbon Group installed advanced equipment in the Belarus facility in January 2019, continuing their efforts to start operations at the new carbon black manufacturing facility at the Belarus Mogilev plant. The company plans to produce 200,000 MT of products per year and export necessary materials to international markets. Similarly, Birla Carbon, a leading market player, introduced a sustainable carbonaceous material in 2021 that is suitable for a variety of applications while causing no harm to the environment or ecosystem.

The key regions considered for the global Specialty Carbon Black market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the fastest-growing market for specialty carbon black. Plastic consumption is increasing in major end-use industries like construction, automotive, conductive polymers, and packaging, which is driving growth in this region. China, India, and Southeast Asian countries are increasing their polymer production. Whereas, North America holds a significant share of the global specialty carbon black market. Paints and coatings, moulded plastics, and wires and cables are likely to see increased demand due to the United States’ economic recovery and expanding automotive and commercial building activities. With the growth of the polymer and packaged food industries in North America, there is a significant demand for food and conductive grade specialty carbon black.

Major market players included in this report are:
Omsk Carbon Group
Tokai Carbon Co., Ltd.
Atlas Organics Private Limited
Continental Carbon Company
Birla Carbon
Cabot Corporation
International China Oak Investment Holdings Co., Ltd.
Himadri Speciality Chemical Ltd
Philips Carbon Black Limited
Orion Engineered Carbons GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Grade:
Conductive Carbon Black
Fiber Carbon Black
Food Contact Carbon Black
Other Carbon Black
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Specialty Carbon Black Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Specialty Carbon Black Market, by Region, 2020-2028 (USD Billion)
1.2.2. Specialty Carbon Black Market, by Grade, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Specialty Carbon Black Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Specialty Carbon Black Market Dynamics
3.1. Specialty Carbon Black Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for non-rubber applications
3.1.1.2. Increasing consumption of lithium-ion
3.1.2. Market Challenges
3.1.2.1. Volatile Raw Materials Prices
3.1.3. Market Opportunities
3.1.3.1. Growing use of the product in agriculture mulch film
Chapter 4. Global Specialty Carbon Black Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Specialty Carbon Black Market, by Grade
6.1. Market Snapshot
6.2. Global Specialty Carbon Black Market by Grade, Performance – Potential Analysis
6.3. Global Specialty Carbon Black Market Estimates & Forecasts by Grade, 2018-2028 (USD Billion)
6.4. Specialty Carbon Black Market, Sub Segment Analysis
6.4.1. Conductive Carbon Black
6.4.2. Fiber Carbon Black
6.4.3. Food Contact Carbon Black
6.4.4. Other Carbon Black
Chapter 7. Global Specialty Carbon Black Market, Regional Analysis
7.1. Specialty Carbon Black Market, Regional Market Snapshot
7.2. North America Specialty Carbon Black Market
7.2.1. U.S. Specialty Carbon Black Market
7.2.1.1. Grade breakdown estimates & forecasts, 2018-2028
7.2.2. Canada Specialty Carbon Black Market
7.3. Europe Specialty Carbon Black Market Snapshot
7.3.1. U.K. Specialty Carbon Black Market
7.3.2. Germany Specialty Carbon Black Market
7.3.3. France Specialty Carbon Black Market
7.3.4. Spain Specialty Carbon Black Market
7.3.5. Italy Specialty Carbon Black Market
7.3.6. Rest of Europe Specialty Carbon Black Market
7.4. Asia-Pacific Specialty Carbon Black Market Snapshot
7.4.1. China Specialty Carbon Black Market
7.4.2. India Specialty Carbon Black Market
7.4.3. Japan Specialty Carbon Black Market
7.4.4. Australia Specialty Carbon Black Market
7.4.5. South Korea Specialty Carbon Black Market
7.4.6. Rest of Asia Pacific Specialty Carbon Black Market
7.5. Latin America Specialty Carbon Black Market Snapshot
7.5.1. Brazil Specialty Carbon Black Market
7.5.2. Mexico Specialty Carbon Black Market
7.6. Rest of The World Specialty Carbon Black Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Omsk Carbon Group
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Tokai Carbon Co., Ltd.
8.2.3. Atlas Organics Private Limited
8.2.4. Continental Carbon Company
8.2.5. Birla Carbon
8.2.6. Cabot Corporation
8.2.7. International China Oak Investment Holdings Co., Ltd.
8.2.8. Himadri Speciality Chemical Ltd
8.2.9. Philips Carbon Black Limited
8.2.10. Orion Engineered Carbons GmbH
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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