Monday, June 8, 2020

COVID-19 Impact : Carbon Black Market Overview, Manufacturing Cost Structure Analysis, Growth Opportunities by 2030 - Birla Carbon, Orion Engineered Carbons

Carbon black is a material produced by partial combustion of heavy petroleum products like coal tar, ethylene cracking, and FCC tar. It belongs to the paracrystalline carbon family that possesses the property of high surface-to-area volume ratio, being lesser than activated carbon. The material has wide range of applications in other materials for improving their electrical, physical, and optical properties. Carbon black is also used in bulk quantity for the making of rubber products. In the rubber industry, carbon black offers reinforcement and develops properties like conductivity, tear-strength, resilience, and other properties. It is also extensively used as cost-efficient rubber reinforcing agent in tire components like inner liners, sidewalls, threads, etc. The targeted material is harmful to humans since it contains radiation that stimulates the formation of cancer. Amongst others, carbon black also contains radioactive substances that are regarded as carcinogenic.

The outbreak of COVID has significantly impacted the carbon black market. The major industry players including other existing players are planning new policies and strategies for running their business operations smoothly as before. Manufacturing businesses also require rethinking on their business operations in order to maintain the demand and supply pace, which include adoption of strategies, such as PESTEL and SWOT analysis.

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/covid-19-impact-carbon-black-market-overview-manufacturing-cost-structure-analysis-growth-opportunities-by-2030-birla-carbon-orion-engineered-carbons-1289742.htm 


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