Conductive Carbon Black Market - Forecast(2024 - 2030)
Conductive Carbon Black Market Overview:
Market Snapshot:
Conductive Carbon Black Market - Report Coverage:
Attribute | Segment |
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By Type of Conductivity |
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By Application |
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By End Use Industry |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
Key Takeaways:
Key Market Players:
- Cabot Corporation
- Orion Engineered Carbons S.A.
- Birla Carbon
- Sid Richardson Carbon & Energy Co.
- Phillips Carbon Black Limited
- Mitsubishi Chemical Corporation.
- Imerys Graphite & Carbon Ltd.
- Denka Co., Ltd.
- Akzo Nobel NV
- Ampacet Corporation
Report Metric | Details |
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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 |
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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.