Conductive Carbon Black Market Forecast From 2022Posted by sandeep gade on August 29th, 2022 The global conductive carbon black market is anticipated to witness a growth rate of around 7% over the next ten years. Market growth is anticipated to be driven by rise in urbanization, growing construction sector, and growth in battery production. Use of conductive carbon black in rubber, plastics, and paints & coatings has been prominently driving the market since the last decade. However, conductive carbon black’s expanding application coupled with increasing demand from the lithium-ion battery and dry cell industry is anticipated to create lucrative opportunity for market players over the coming years. The COVID-19 pandemic negatively impacted global demand for conductive carbon black. Significant drop in the automotive, construction, and other industrial sectors hampered market growth in FY2020 and somewhat in FY2021. However, with increasing vaccination pace and decreasing COVID-19 cases coupled with government schemes, tax reliefs, and other initiatives to uplift the economy, the conductive carbon black is set to regain its path within the next few quarters. Request For Free Sample Report of Conductive Carbon Black Market @ https://www.persistencemarketresearch.com/samples/6173 Key Takeaways from Market Study
“Key market participants are focusing on strategic expansions to cope with increasing demand and achieve a more circular economic value chain,” says a Persistence Market Research analyst. For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/6173 Competitive Landscape The global market for conductive carbon black has been identified as a moderately consolidated space, owing to which, leading companies account for more than half of the market share. Some of the key conductive carbon black manufacturers included in the report are Cabot Corporation, Orion Engineered Carbon, Birla Carbon, Akzo Nobel N.V., Tokai Carbon Co. Ltd., Denka Company Ltd., Mitsubishi Chemical Corporation Ltd., Phillips Carbon Black Limited, and others. Key market participants are expected to maintain a competitive environment all over the world in the years ahead. More Valuable Insights on Offer Persistence Market Research, a research and consulting firm, has published a new market research report on the global conductive carbon black market that contains industry analysis of 2017–2021 and opportunity assessment for 2022–2032. The report provides in-depth analysis of the market through two segments, namely, application and region. The report also provides supply and demand trends along with an overview of the parent market. Buy The Complete Report to read the analysed strategies adopted by the top vendors either to retain or gain market share@ https://www.persistencemarketresearch.com/checkout/6173 About Us Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. Contact Us: Persistence Market Research Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States U.S. Ph. – +1-646-568-7751 USA-Canada Toll-free – +1 800-961-0353 Like it? Share it!More by this author |