Carbon black is pure elemental carbon in the form of colloidal particles. Carbon black is manufactured by four different process such as furnace black process, fabrication of gas blacks, acetylene black process and lampblack process. Furnace black process is the most widely used process. Carbon black is used in various materials to enhance the electrical, optical and physical properties of the final product. It is widely used in manufacturing of rubber products as reinforcement and performance additives.
Market Industry Reports (MIR) has published a new report titled "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global carbon black market was valued at over US$ 14.0 Mn in 2018 and is anticipated to grow at a CAGR of 6.7% from 2019 to 2030. The market is driven by rising demand of tires owing to high demand from the automotive industry. Furthermore, rising demand from construction industry is another factor driving the market growth. Asia Pacific region offers huge market potential.
Major Key Players of the Carbon Black Market are:
Birla Carbon, Orion Engineered Carbons, Jiangxi Black Cat Carbon Black Co. Ltd. and Cabot Corporation, Phillips Carbon Black Ltd, China Synthetic Rubber Corporation, Mitsubishi Chemical Corporation, and OMSK Carbon Group among others.
Read More @ http://www.sbwire.com/press-releases/carbon-black-market-detailed-insights-on-upcoming-trends-2019-2030-birla-carbon-orion-engineered-carbons-china-synthetic-rubber-1279339.htm
Read More @ http://www.sbwire.com/press-releases/carbon-black-market-detailed-insights-on-upcoming-trends-2019-2030-birla-carbon-orion-engineered-carbons-china-synthetic-rubber-1279339.htm
Market Industry Reports (MIR) has published a new report titled "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global carbon black market was valued at over US$ 14.0 Mn in 2018 and is anticipated to grow at a CAGR of 6.7% from 2019 to 2030. The market is driven by rising demand of tires owing to high demand from the automotive industry. Furthermore, rising demand from construction industry is another factor driving the market growth. Asia Pacific region offers huge market potential.
Major Key Players of the Carbon Black Market are:
Birla Carbon, Orion Engineered Carbons, Jiangxi Black Cat Carbon Black Co. Ltd. and Cabot Corporation, Phillips Carbon Black Ltd, China Synthetic Rubber Corporation, Mitsubishi Chemical Corporation, and OMSK Carbon Group among others.
Read More @ http://www.sbwire.com/press-releases/carbon-black-market-detailed-insights-on-upcoming-trends-2019-2030-birla-carbon-orion-engineered-carbons-china-synthetic-rubber-1279339.htm
Rise in production of tires is the major factor driving the market growth. The tire market is witnessing growth owing to growing automotive industry. Carbon black is use widely as reinforcement additive in tire manufacturing. It helps to enhance the tear-strength, resilience and conductivity and other physical properties of the product. Carbon black is use in tire components such as sidewalls, inner liners and treads. Worldwide, the automotive industry is recovering from the economic crisis. As the automotive industry is witnessing growth, the demand for tire is growing which in turn is driving the market for black carbon.
Major Applications of Carbon Black Market covered are:
Rubber
Plastics
Coatings
Printing Inks
Construction & Others
Major Applications of Carbon Black Market covered are:
Rubber
Plastics
Coatings
Printing Inks
Construction & Others
Read More @ http://www.sbwire.com/press-releases/carbon-black-market-detailed-insights-on-upcoming-trends-2019-2030-birla-carbon-orion-engineered-carbons-china-synthetic-rubber-1279339.htm
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