Conductive Carbon Black Market 2017-2027

Carbon black is a pure form of carbon and is one of the most versatile chemicals produced around the globe. It is mainly find application in the production of rubber where it is used as a reinforcing agent. Moreover, carbon black is also used across plastics, paints & coatings, pigments, printing inks for electrical conductivity, etc. Carbon black improves the physical properties of polymers such as tensile strength, durability, and resistance to abrasion, corrosion, and friction. Carbon black enable conductive network when blend with the polymer matrix. Conductive carbon black also find application in the electronics industry as it enhances electrical conductivity of the appliances.

The global conductive carbon black market is projected to surpass US$ 220 million by the end of 2027, in terms of revenue, growing at CAGR of 7.0% during the forecast period (2019 to 2027).

Drivers

Rising demand for consumer electronics where conductive carbon black is used to enhance the electrical conductivity is expected to propel market growth. According to, Indian Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics industry reached US$ 31.48 billion in 2017 and is expected to increase at a 9% CAGR to reach US$ 48.37 billion in 2022.

Growing demand for conductive carbon black from the automotive industry in the production of the tire and other accessories composed of rubber is anticipated to foster the market growth of conductive carbon black. According to the report published by European Automobile Manufacturers Association (ACEA) in June 2019, 98.1 million motor vehicles were produced around the world in 2018 and More than 80 million passenger cars were produced around the world in 2017. Therefore, rising demand from the automotive industry is expected to propel the market growth of Conductive carbon black. 

Regionally, Asia-pacific dominated the global conductive carbon black market in 2018, reporting 45% market share in terms of revenue, followed by North America and Europe, respectively.

Figure 1. Global Conductive Carbon Black Market, Revenue Share (%), By Region, 2018

Conductive Carbon Black  | Coherent Market Insights

Market Restraints

Factor such as toxicity associated with conductive carbon blacks as they have potential carcinogens properties is expected to hinder the market growth over the forecast period. The prolonged exposure of conductive black carbon cause irritation to the respiratory tract. Hence, such side-effects associated with the exposure of conductive carbon blacks are projected to restrict the market growth over the forecast period.

Availability of alternatives of carbon black such as silica and silicones as they have high performance and are environment-friendly in nature is projected to curb the market growth of conductive carbon blacks. Moreover, the market for conductive carbon black is also expected to face competition with other alternatives. For instance, bio-based lignin is a potential substitute to fossil-fuel derived conductive carbon black. Ball milled lignin exhibited a surface area 882% larger than conductive carbon black tested, and 36% greater conductivity.

Market Opportunities

Rising focus of manufacturers in carbon black recovery for tire production is expected to augment the market growth of conductive carbon black. The objective of this step is to explore affordable methods to recover and reuse carbon black in order to promote sustainability. According to the Coherent Market Insights, tire recycling company Carbon Green Inc. has been researching tire recycling methods based on pyrolysis

Rising production of carbon nanotubes with conductive carbon black is expected to accelerate the market growth of carbon black recovery. This combination offers higher electrode conductivity as compared to other formulations since it enables the dispersion of carbon nanotubes and generate a synergetic effect with carbon nanotubes. Therefore, the growing usage of conductive carbon black in the production of carbon nanotube is expected to propel the market growth. 

Figure 2. Global Conductive Carbon Black Market – Opportunity Analysis

Conductive Carbon Black  | Coherent Market Insights

Market Trends

Shifting focus of carbon black companies to convert their carbon black production lines to specialty carbon blacks is expected to foster market growth. The objective of the step is to increase profit margins and expand the application scope of specialty carbon blacks. For instance, in February 2017, Orion Engineered Carbons launched new specialty carbon black production line in Korea. This new line in Yeosu will produce premium grades of Specialty Carbon Black for demanding customer applications such as automotive coatings, engineered plastics, printing inks, and adhesives & sealants.

The increasing focus of key industry players in emerging countries such as Brazil, China, India, and Korea to set up production facilities is projected to foster market growth. The goal of this step is to take advantage through alliances with key players in the domestic market and expand their regional presence and also reduces transportation costs of carbon black. This factor is estimated to propel the market growth.

Figure 3. Global Conductive Carbon Black Market, Revenue Share (%), By Application, in 2018

Conductive Carbon Black  | Coherent Market Insights

On the basis of applications, in 2018, paints & coatings segment accounted the largest market share of 29% in terms of revenue, followed by plastics and battery electrodes, respectively

Figure 4. Global Conductive Carbon Black Market – Value Chain Analysis

Conductive Carbon Black  | Coherent Market Insights

Competitive Section

Key players operating in the global conductive carbon black AkzoNobel N.V., Orion Engineered Carbons, Cabot Corporation, Denka Company Limited, Tokai Carbon Co. Ltd, and Phillips Carbon Black Limited

Few Recent Developments

Cabot Corporation              

  • In February 2018, Cabot Corporation announces an expanded range of premium carbon black products for racing and ultra-high-performance tires with the launch of the new PROPEL X carbon black series.

Carbon black is the commercial form of carbon which is produced through a highly controlled process of carbon particles and is available in various different sizes, shapes, porosity parameter and surface chemistry. Electrical conductive carbon black finds its use in numerous applications such as production of conductive rubber, plastics, magnetic tape, heating sheet, and others.

Market Dynamics

The global conductive carbon black market has witnessed a surge of growth in terms of revenue in recent past years, owing to its rising demand in various end-user industries. Conductive carbon black is widely used in manufacturing of films & fibers, conductive packaging, semi-conductive cable compounds, moldings and pipes. Furthermore, it is used in the production of conductive plastics owing to its antistatic and electrical conductivity properties. This scenario is expected to foster the growth of the market in the forthcoming years.

Conductive carbon black helps in increasing the strength and durability of rubber tires by enhancing its abrasion resistance and tensile strength. In addition to this, the growth in usage of industrial rubber in sectors such as construction and manufacturing is anticipated to provide lucrative growth to the global conductive carbon black market during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global conductive carbon black market size (US$ Million and Thousand Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global conductive carbon black market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes AkzoNobel N.V., Orion Engineered Carbons, Cabot Corporation, Denka Company Limited, Tokai Carbon Co. Ltd, and Phillips Carbon Black Limited
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global conductive carbon black market report caters to various stakeholders in this industry including investors, suppliers, global conductive carbon black manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global conductive carbon black market

Detailed Segmentation:

  • Global Conductive Carbon Black Market, By Application:
    • Plastics
    • Battery Electrodes
    • Paints & Coatings
    • Rubber
    • Other Applications
  • Global Conductive Carbon Black Market, By Region:
    • North America
      • U.S.
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Canada
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
    • Latin America
      • Brazil
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Mexico
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Rest of Latin America
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
    • Europe
      • France
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Germany
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Italy
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Spain
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • U.K.
        • By Application
          • Plastics
          • Bakttery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Rest of Europe
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
    • Asia Pacific
      • China
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • India
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Japan
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • ASEAN
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Rest of Asia Pacific
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
    • Middle East & Africa
      • GCC
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • North Africa
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • South Africa
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
      • Rest of Middle East & Africa
        • By Application
          • Plastics
          • Battery Electrodes
          • Paints & Coatings
          • Rubber
          • Other Applications
  • Company Profiles
    • AkzoNobel N.V. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Orion Engineered Carbons
    • Cabot Corporation
    • Denka Company Limited
    • Tokai Carbon Co. Ltd.
    • Phillips Carbon Black Limited

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Conductive Carbon Black Market, By Application, 2017 - 2027 (US$ Million and Thousand Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Plastics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Thousand Tons)
    • Battery Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Thousand Tons)
    • Paints & Coatings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Thousand Tons)
    • Rubber
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Thousand Tons)
    • Other Applications
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Thousand Tons)
  5. Global Conductive Carbon Black Market, By Region, 2017- 2027 (US$ Million and Thousand Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Oceania
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Turkey
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Thousand Tons)
  6. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • AkzoNobel N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Orion Engineered Carbons
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Cabot Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Denka Company Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Tokai Carbon Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Phillips Carbon Black Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact
  • Browse 45 market data tables* and 30 figures* on "Global Conductive Carbon Black Market” – global forecast to 2027

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users