Global Carbon Black Market – Vendor Landscape with SWOT Analysis by 2023
A major driver in the carbon black market is growth in the automotive industry. The outstanding growth in chemical and automobile industry and naturally available essential resources is actively driving the global carbon black market.
A major driver in the carbon black market is growth in the automotive industry. The outstanding growth in chemical and automobile industry and naturally available essential resources is actively driving the global carbon black market.
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A major driver in the carbon black market is growth in the automotive industry. The outstanding<br />
growth in chemical and automobile industry and naturally available essential resources is actively<br />
driving the global carbon black market.<br />
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<strong>Global</strong>ly, the largest sales market for carbon black is the automotive industry. <strong>Carbon</strong> black is<br />
produced <strong>by</strong> partial combustion of heavy petroleum products like coal tar, FCC tar and ethylene<br />
cracking tar. It is a black colored powder in its physical state. It has variants such as thermal<br />
black, acetylene black, channel black, furnace black and lampblack.<br />
The global carbon black market can be segmented broadly into four regions namely North<br />
America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific leads the market share in the<br />
global carbon black market and also has manufacturers producing carbon black at cheapest<br />
price.<br />
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Some of the major industry players include Phillips <strong>Carbon</strong> <strong>Black</strong> Limited, Cabot Corporation,<br />
Aditya Birla Group, Omsktechuglerod OOO, OCI Company Ltd., China Synthetic Rubber<br />
Corporation (CSRC), Orion Engineered <strong>Carbon</strong>s GmbH, Sid Richardson <strong>Carbon</strong> Co., Shandong<br />
Huadong Rubber Materials Co., Ltd. and Jiangxi <strong>Black</strong> Cat <strong>Carbon</strong> <strong>Black</strong> Co., Ltd among others<br />
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