21 Aug 2019 - Global Specialty
Carbon Black Market is
anticipated to witness a massive growth with a staggering CAGR in the forecast
period. Conductive plastics or specialty carbon black are used to protect
electronic and electrical packaging and equipment, automotive fuel systems, and
other plastics applications from catastrophic failure due to unacceptable
amounts of electrostatic discharge.
“The
manufacturers are striving to provide their customers with the latest
technologically equipped specialty carbon black products that meet the highest
standards for performance, quality, and service.”
Specialty
Carbon Black market has been categorized into North America, Europe, South
America, the Middle East & Africa, and the Asia Pacific based on the
regional segmentation. Upscaling adoption of latest technologies in the
manufacturing processes has empowered North America to emerge as the largest
revenue generating region.
The
presence of a huge number of emerging entrants in China and Japan has
significantly boosted sales in the Asia Pacific region. Asia Pacific regions, over
the past several years, have been manufacturing low-cost carbon black, which
has emerged as a potential threat for the Northern American market space. Also,
the rising polymer demand in India for resins and consumer goods market has
gained a competitive advantage over the other global regions.
The
competitive landscape showcases the profiles and business strategies of the
major players, along with their recent developments. The altering market
dynamics can be attributed to major merger and acquisition activities,
collaborations and joint ventures amongst the industry competitors. Emerging
companies have identified raw material suppliers, buyers, research investors
and distributors of the specialty carbon black market.
Some
of the key competitors or manufacturers capitalizing in the global market
include Orion Engineered Carbon, Cabot Corporation, Philips Carbon Black
Limited, and Aditya Birla. Other prominent players operating in the specialty
carbon black market include Sid Richardson, Cabot Corporation, OMSK Group,
Tokai Co. Ltd., Continental Carbon Co., Atlas Organic Pvt. Ltd., Himadri
Companies & Industries Ltd. (HCIL), and China Synthetic Rubber Corporation
(CSRC) among others.
Cabot
Corporation is a global leader in manufacturing specialty carbon black that has
been supplied as additives to the plastics industry since its commencement.
Their development centers are widespread across all the five major regions of
the world. VULCAN®, ELFTEX®, and BLACK PEARLS® are the specialty carbon black
plastic products manufactured by Cabot Corporation. Their products are
particularly insensitive to static discharge and have found three broad groups
of applications; Electrical and electronics (E&E), Automotive fuel systems,
and Safety (molded parts).
Market Segment:
Leading players of Specialty Carbon
Black including:
•
Orion Engineered Carbons S.A
•
Cabot Corporation
•
Birla Carbon
•
Denka Company Limited
•
Phillips Carbon Black Limited
•
Mitsubishi Chemical Corporation
•
Tokai Carbon Co. Ltd
•
China Synthetic Rubber Corporation
•
Imerys SA
•
Shandong Huibaichuan New Materials
•
Shanxi Fulihua Chemical Materials
•
Beilum Carbon Chemical Limited
•
Shandong Emperor-Taishan Carbon
•
Zaozhuang Xinyuan Chemical Industry
•
Sid Richardson Carbon & Energy Co
Market split by Type, can be divided
into:
•
Lamp Black
•
Acetylene Black
•
Gas Black
Market split by Application, can be
divided into:
•
Plastics
•
Printing Ink
•
Paint
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