Conductive Carbon Black Market - Forecast(2024 - 2030)

Report Code: CMR 1538 Report Format: PDF + Excel

Conductive Carbon Black Market Overview:

Conductive Carbon Black Market size is estimated to reach 711.4 million by 2030, growing at a CAGR of 6.1% during the forecast period 2023-2030. The rising demand for conductive carbon black is due to increasing uses in the production of a variety of plastic products such as films, pipes, photographic containers, stretch wraps, and industrial bags. This trend is expected to boost the growth of the Conductive Carbon Black Market during the forecast period.
Additionally, the conductive carbon black is known for its cost-effective and highly reliable properties. It varies in aggregate size, porosity, and shape based on the application's need. China houses the world's largest automotive industry, which becomes a major carbon black marketplace. With the increasing demand for electronic devices and the trend toward miniaturization, the demand for conductive carbon black was expected to rise. It's used in applications like batteries, capacitors, and electronic coatings. APAC had the largest carbon black market share of 52%in 2022.

Market Snapshot: 

--

Conductive Carbon Black Market - Report Coverage:

The “Conductive Carbon Black Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Conductive Carbon Black Market.
 
Attribute Segment

By Type of Conductivity

  • Electrically Conductive Carbon Black

  • Thermally Conductive Carbon Black

By Application

  • Adhesives/Sealants

  • Plastics/Compounds

  • Coatings and Paints

  • Inks

  • Energy Storage

  •  Rubber

  • Others

By End Use Industry

  • Automotive

  •  Aerospace & Defense

  • Electrical& Electronics

  •  Industrial

  • Consumer Goods

  •  Others

By Geography

  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia, and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)

  • Rest of the World (Middle East and Africa).

 
 

COVID-19 / Ukraine Crisis - Impact Analysis:  

 
The Covid-19 pandemic has impacted the global economy directly affecting the supply chain across the globe and shutting down the production facilities to minimize the risk of virus spread. Currently, due to the COVID-19 pandemic, the core industries such as the construction and transportation sectors have been highly impacted. According to the automotive industry association's September 2021 outlook, there has been a 7.7% decline in the production of commercial vehicles and a 24.7% decline in motor vehicles as compared to the September 2020 outlook. There has been a sharp decline in the revenue of the different industries. The government and private sectors are taking necessary action to recover the loss of different industries which will help in the growth of the Specialty Carbon Black market.
 
The conflict between Russia and Ukraine could lead to Geopolitical tensions and crises can lead to uncertainties in global markets. Businesses might adopt a cautious approach, delaying investments and affecting demand for materials like conductive carbon black.  This would also affect the Market Sentiment Investor and consumer sentiment can be affected by geopolitical crises. Uncertainty can lead to reduced consumer spending and delayed investment decisions, potentially impacting the demand for products that use conductive carbon black.
 

Key Takeaways:

 
Fastest Growth of Asia-Pacific Region
 
Geographically, in the global Conductive Carbon Black Market share, Asia-Pacific is analyzed to grow with the highest CAGR of 7.8% during the forecast period 2023-2030. The Asia-Pacific region is a major hub for automobile manufacturing and sales. Conductive carbon black is used in various automotive components, such as tires, belts, and hoses, for its conductive and anti-static properties.
 
Rising Demand for Conductive Carbon in the Automotive Industry
 
The demand for conductive carbon black is experiencing robust growth across multiple industries. In the automotive sector, there is a burgeoning need for this material, driven by its versatile applications in areas such as EMI shielding and anti-static components. Simultaneously, the production of electronic devices is witnessing an upsurge, leading to increased incorporation of conductive carbon black in electronic components and coatings. This demand extends further into the construction industry, where conductive carbon black finds diverse applications. Additionally, the energy sector is embracing conductive carbon black for its role in producing conductive polymers, essential for solar cells, batteries, and fuel cells.
 
Increasing uses of conductive carbon black in plastic application  
 
The growth of Plastic is analyzed to witness significant growth during the forecast period 2023-2030. The rising demand for conductive carbon black from plastic will propel the market growth. As a conductive carbon black filler is utilized in the production of a variety of plastic products such as films, pipes, photographic containers, and industrial Bags.The carbon black market plays a vital role within the plastic polymers industry, largely due to its remarkable properties. Carbon black is sought after for its capacity to bestow plastic materials with attributes like color, opacity, electrical conductivity, and safeguarding against UV degradation. This has resulted in an extensive integration of carbon black across various plastic segments, encompassing molding, film production, pipe manufacturing, fiber production, and cable production. As a consequence of this increasing utilization across multiple plastic applications, the global carbon black market size is on a growth trajectory
 
Increasing demand for conductive carbon black in the energy
 
Conductive carbon black is known for its high electrical conductivity. This property makes it an excellent candidate for applications where the efficient conduction of electrical charges is crucial. In the energy sector, conductive materials are essential for ensuring the safe and reliable transmission and distribution of electricity. In energy-related facilities, such as power plants and substations, static electricity accumulation can lead to equipment malfunction or even hazardous conditions. Conductive carbon black can help mitigate these risks. In the energy sector, various electronic and electrical equipment require protection from electromagnetic interference (EMI). Conductive carbon black can be integrated into coatings and materials to provide effective electromagnetic shielding, preventing unwanted interference that could disrupt the functioning of sensitive equipment.
 
Rising demand for Conductive Carbon Black from the electronics and electric vehicle (EV) industries 
 
One of the primary prospects within the conductive carbon black market is closely tied to the exponential expansion observed in the electronics and electric vehicle domains. Conductive carbon black is used in lithium-ion battery electrodes to improve the electrical conductivity of cathode and anode materials, resulting in enhanced energy storage, faster charging, and overall battery performance. Conductive carbon black is used in printed electronics to create conductive traces and components on flexible substrates, allowing for the production of flexible displays, RFID tags, sensors, and more.
 
Silica and silicone impede the market growth
 
The conductive carbon black industry faces several challenges silica and silicone are emerging as viable carbon black alternatives due to their superior performance and environment friendly nature as compared to carbon black. Conductive carbon black, on the other hand, is likely to encounter competition from other choices. For example, bio-based lignin has the potential to replace conductive carbon black obtained from fossil fuels.
.
Harmful Impact of Hazardous Emissions of gases to impede market growth
 
During the manufacturing process of carbon black, the emission of hazardous gases like carbon dioxide, nitrogen oxide, sulfur dioxide, carbon monoxide, and particulates poses significant challenge. These emissions act as a major restraint on the market's growth. According to the World Health Organization (WHO), about 7 million people die each year as a result of breathing dirty air. This factor impedes the Conductive Carbon Black Market Growth.
 
 Conductive Carbon Black Market Share (%) By Region, 2022
For More Details on This Report -  Request Sample

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Conductive Carbon Black Market. The top 10 companies in this industry are listed below:
 
  1. Cabot Corporation
  2. Orion Engineered Carbons S.A.
  3. Birla Carbon
  4. Sid Richardson Carbon & Energy Co.
  5. Phillips Carbon Black Limited
  6.  Mitsubishi Chemical Corporation.
  7.  Imerys Graphite & Carbon Ltd.
  8. Denka Co., Ltd.
  9. Akzo Nobel NV
  10.  Ampacet Corporation
Scope of Report: 
Report Metric Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

6.1%

Market Size in 2030

$711.4million

Segments Covered

Type of Conductivity, Application, End User Industry

Geographies Covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Cabot Corporation

  2. Orion Engineered Carbons S.A.

  3. Birla Carbon

  4. Sid Richardson Carbon & Energy Co.

  5. Phillips Carbon Black Limited

  6.  Mitsubishi Chemical Corporation.

  7.  Imerys Graphite & Carbon Ltd.

  8. Denka Co., Ltd.

  9. Akzo Nobel NV

  10.  Ampacet Corporation

 
For more Chemicals and Materials Market reports, please click here
 
 1. Conductive Carbon Black Market Overview
    1.1. Definitions and Scope
 2. Conductive Carbon Black Market - Executive Summary
 3. Conductive Carbon Black Market – Market Landscape
    3.1. Company Benchmarking- Key Companies
    3.2. Key Company Financial Analysis 
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis (Comparison of General Price Offerings in the Market)
 4. Conductive Carbon Black Market – Startup Company Scenario 
    4.1. Investment
    4.2. Revenue
    4.3. Venture Capital and Funding Scenario
 5. Conductive Carbon Black Market – Market Entry Scenario Premium
    5.1. Regulatory Scenario
    5.2. New Business and Ease of Doing business index
    5.3. Case Studies of Successful Ventures
 6. Conductive Carbon Black Market - Market Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Porter's Five Force Model
        6.3.1. Bargaining power of suppliers
        6.3.2. Bargaining powers of customers
        6.3.3. Threat of new entrants
        6.3.4. Rivalry among existing players
        6.3.5. Threat of Substitutes
 7. Conductive Carbon Black Market – Strategic Analysis
    7.1. Value Chain Analysis     
    7.2. Opportunities Analysis
    7.3. Market Life Cycle Analysis
 8. Conductive Carbon Black Market – by Type of Conductivity (Market Size –$Million/$Billion) 
    8.1. Electrically Conductive Carbon Black
    8.2. Thermally Conductive Carbon Black
 9. Conductive Carbon Black Market – by Application (Market Size –$Million/$Billion) 
    9.1. Plastics/Compounds
    9.2. Adhesives/Sealants
    9.3. Coatings and Paints
    9.4. Inks
    9.5. Energy Storage
    9.6. Rubber 
    9.7. Others
 10. Conductive Carbon Black Market – by End-Use Industry (Market Size –$Million/$Billion) 
    10.1. Automotive
    10.2. Aerospace & Defense
    10.3. Electrical& Electronics
    10.4. Industrial
    10.5. Consumer Goods
    10.6. Others
 13. Conductive Carbon Black Market - by Geography (Market Size -$Million/Billion)
    13.1. North America
        13.1.1. U.S
        13.1.2. Canada
        13.1.3. Mexico
    13.2. Europe
        13.2.1. Germany
        13.2.2. France
        13.2.3. UK
        13.2.4. Italy
        13.2.5. Spain
        13.2.6. Russia
        13.2.7. Rest of Europe
    13.3. Asia-Pacific
        13.3.1. China
        13.3.2. Japan
        13.3.3. South Korea
        13.3.4. India
        13.3.5. Australia & New Zealand
        13.3.6. Rest of Asia-Pacific
    13.4. South America
        13.4.1. Brazil
        13.4.2. Argentina
        13.4.3. Chile
        13.4.4. Colombia
        13.4.5. Rest of South America
    13.5. Rest of The World
        13.5.1. Middle East
        13.5.2. Africa
 14. Conductive Carbon Black Market - Market Entropy
    14.1. New product launches
    14.2. M&A's, collaborations, JVs, and partnerships
 15. Conductive Carbon Black Market – Industry Competition Landscape
    15.1. Market Share Analysis
        15.1.1. Market Share by Service Type – Key Companies
        15.1.2. Market Share by Country – Key Companies
        15.1.3. Market Share by Region – Key Companies
    15.2. Competition Matrix
    15.3. Best Practices for Companies
 16. Conductive Carbon Black Market – Key Company List by Country Premium 
 17. Conductive Carbon Black Market - Company Analysis
    17.1. Cabot Corporation                                
    17.2. Orion Engineered Carbons S.A.
    17.3. Birla Carbon
    17.4. Sid Richardson Carbon & Energy Co
    17.5. Phillips Carbon Black Limited
    17.6. Mitsubishi Chemical Corporation 
    17.7. Imerys Graphite & Carbon Ltd.
    17.8. Denka Co., Ltd.
    17.9. Akzo Nobel NV
    17.10. Ampacet Corporation
 
* "Financials would be provided to private companies on a best-efforts basis." 
Connect with our experts to get customized reports that best suit your requirements. Our reports include global-level data, niche markets, and competitive landscape.

The Conductive Carbon Black Market is projected to grow at 6.1% CAGR during the forecast period 2023-2030.

Global Conductive Carbon Black Market size is estimated to be $470 million in 2023 and is projected to reach $711.4million by 2030.

The leading players in the Conductive Carbon Black Market are Cabot Corporation, Orion Engineered Carbons S.A., Birla Carbon, Sid Richardson Carbon & Energy Co, and others.

Increasing demand for plastic, growing uses in rubber, and rising adoption of carbon black in automotive applications are some of the major Conductive Carbon Black Market trends in the industry which will create growth opportunities for the market during the forecast period.

The growing demand for energy storage solutions, especially in renewable energy applications and electric vehicles (EVs), has led to an increased demand for high-performance lithium-ion batteries. Conductive carbon black is used as an additive to enhance the electrical conductivity of battery materials, improving overall battery performance.