Increasing Sales of Consumer Electronic Products Generates Prominent Expansion Avenues in Specialty Carbon Black Market TMR - Seite 2
Specialty Carbon Black Market: Key Driving Factors and Promising Avenues
- In recent period, there is substantial increase in demand for electric vehicles and various consumer electronics products. This scenario has triggered demand for lithium-ion batteries, and thereby for different battery materials. Owing to this factor, the global specialty carbon black market is experiencing upward demand curve.
- Growing use of specialty carbon black in a wide range of industries such as automotive and printing industry is likely to generate substantial sales opportunities for vendors in the global specialty carbon black market.
- With growing demand for superior quality products, major enterprises working in this market are growing interest in incorporating innovation in the carbon black industry. As a result, industry leaders are increasing focus on research and development activities. This factor is predicted to impact positively on the overall specialty carbon black market expansion during the forthcoming years.
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Specialty Carbon Black Market: Competitive Assessment
- The competitive landscape of the global specialty carbon black market is highly intense with presence of many well-entrenched players in it.
- To maintain leading position, major stakeholders in the market are increasing their focus toward boosting their production abilities. Moving forward, many enterprises in the specialty carbon black market are launching new production plants. These moves are helping enterprises to cater to the rising demand for specialty carbon black from all across the globe.
- The list of important companies working in the specialty carbon black market includes Imerys, Cabot Corporation, Denka Company Limited, Mitsubishi Chemical Corporation, Tokai Carbon Co., Ltd., Phillips Carbon Black Limited, Birla Carbon, and Lion Specialty Chemicals Co., Ltd.
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The specialty carbon black market can be segmented as follows:
- Wires & Cables
- Conductive & Electrostatic Dissipative (ESD)
- Other Conductive Applications
- Battery Electrodes
- Lithium-ion Battery
- Paints & Coating
- Inks & Toners
- Others (Rubber, etc.)