Carbon Black Market Opportunities, Drivers, Restraints, Threats, Trends, Applications And Growth Forecast To 2021 - 2028
Carbon Black Market |
Carbon black is a type of para crystalline carbon that includes 95% pure carbon and improves the material's physical and mechanical qualities, making it more effective. Tires, plastics, mechanical rubber items, printing inks, and toners are all examples of carbon black's applications. It absorbs UV light and turns it to heat, thus it's commonly used to insulate wires and cables. It's also utilised in the manufacture of a variety of rubber products and colours. It is utilised as a low-cost rubber reinforcing agent in tyres.
In the near future, the development of bio-based and recycled carbon black is likely to provide new market prospects. Carbon Black Market expansion is likely to be aided by an increase in major research & development for producing bio-based carbon black products as a result of increased environmental concerns. Bio-based black carbon reduces reliance on crude oil while also lowering environmental risks. Manufacturers are being encouraged to produce bio-based carbon black as a result of this issue.
Market Segmentation:
By Product Type
- Polyester(Filament Fiber, Staple Fiber, Others)
- Nylon
- Acrylic
- Others
- Home Textiles
- Apparels
- Others
The major players operating in the global carbon black market for textile fibers include, Orion Engineered Carbons, Cabot Corporation, Mitsubishi Chemical Corporation, Phillips Carbon Black Limited, Birla Carbon, Sid Richardson Carbon & Energy Co., Anyang HengXu Specialty Carbon Black Co., Ltd., and Imerys Graphite & Carbon.
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