February 19, 2025
conductive carbon black

E-mobility is the fastest growing segment fueling the growth of Conductive Carbon Black Market

The global Conductive Carbon Black Market is estimated to be valued at US$ 675.22 Mn or Million in 2023 and is expected to exhibit a CAGR of 7.4%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Conductive carbon black is a type of carbon black that enhances electrical conductivity and is commonly used in rubber and plastic products. It improves the dissipation of static electricity and provides protection from lightning strikes.

Market key trends:
One of the major trends driving the growth of the Global Conductive Carbon Black Market is the increasing demand for electric vehicles. E-mobility requires high performance batteries that utilize conductive carbon black in their production. It enhances electric conduction between the anode and cathode materials in lithium-ion batteries used in electric vehicles. This is expected to significantly boost the demand for conductive carbon over the forecast period as more automakers invest in developing electric fleet.
Segment Analysis
Conductive Carbon Black Market is segmented by application and geography. The application segments include Plastics, batteries, coatings, and others. Among these, the plastics segment dominated the global conductive carbon black market in 2022 and is estimated to continue its dominance during the forecast period. Plastics accounted for more than 35% share of the global market in 2022. Conductive carbon black finds major application in plastic articles manufacturing to impart electrical conductivity without affecting mechanical properties of plastics.

Key Takeaways
The global Conductive Carbon Black market is expected to witness high growth, exhibiting a CAGR of 7.4%  over the forecast period, due to increasing demand from plastics and battery industries.

Regional analysis: North America dominated the global conductive carbon black market in 2022 and is estimated to continue its dominance during the forecast period. North America accounted for over 30% share of the global market. Growing adoption of conductive carbon black in industries such as plastics, coatings and batteries is expected to drive the growth of conductive carbon black market in North America.

Key players: Key players operating in the Global Conductive Carbon Black Market are Thai Carbon Black Public Company Limited/Birla Carbon, Cabot Corporation, Orion Engineered Carbons SA Group, Phillips Carbon Black Limited, Tokai Carbon Co., Ltd., Omsk Carbon Group, Jiangxi Blackcat Carbon Black Inc., Ltd., OCI COMPANY Ltd., Himadri Speciality Chemical Ltd., Longxing Chemical Industry Co., Ltd., and Mitsubishi Chemical Corporation. The market is oligopolistic in nature with top 5 players accounting for over 60% of global production capacity. Thai Carbon Black Public Company Limited/Birla Carbon and Cabot Corporation are the global leaders in conductive carbon black production.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

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