The detailed summary, as well as the report documentation of the Global Acetylene black market, consists of market segmentation, market size, market position, competitive economy, regional and national market prices, value chain optimization, sales research, global market player impact, trade policy, market strategic, growth latest trends, opportunity analysis, and value chain optimization.
With a market value of USD 145.30 million in 2020, Asia Pacific held the largest share in Acetylene black market. In 2020, Europe was the second-largest market, predicted to grow at a CAGR of 7.04% over the forecast period.
Acetylene black is a form of carbon black produced by pyrolysis of acetylene gas without the use of oxygen. As a result, it is highly pure, with very little hydrogen remaining as undecomposed residual matter or as a functional group, and no oxygen-containing functional groups. It has larger crystallite forms and a longer chain structure than other carbon blacks, as well as less impurities. These distinct characteristics result in strong electrical and thermal conductivity, low moisture absorption, and high liquid absorption. Currently, many businesses are focusing on specialty carbon with high added value and performance. Furthermore, as the demand for lithium-ion batteries grows in the sunrise industries, so does product demand. The majority of manufacturers are expanding their product lines and producing new versions of their existing products.
The market research report provides market volume, the share of the market execution, quantitative and qualitative analysis and product growth trends study for estimating the micro and macroeconomic factors that can affect the growth road map. To locate and collect material for this technical, market-oriented, and commercial examination of the acetylene black market, this research study utilizes vast secondary sources, directories, and databases such as Hoovers, Bloomberg Business Week, Reuters, and Factiva.
Several industry experts from core and allied industries, as well as preferred suppliers, manufacturers, distributors, service providers, and organizations from all parts of the industry's value chain, are the key sources. The global demand in the Acetylene black market was estimated over the forecast period. Not only this but also the study consists of the latest industry development such as restriction, growth factors and the market news.
The Global Acetylene black market share analysis provides in-depth insights into the international market like competitive environmental assessment, development trends, as well as the highest growth status of the region. Not only this but also the study contains the regulation as well as development ideas along with the overview of manufacturing processes and price structure.
With a market value of USD 145.30 million in 2020, Asia Pacific held the largest share in Acetylene black market. In 2020, Europe was the second-largest market, predicted to grow at a CAGR of 7.04% over the forecast period.
Acetylene black is a form of carbon black produced by pyrolysis of acetylene gas without the use of oxygen. As a result, it is highly pure, with very little hydrogen remaining as undecomposed residual matter or as a functional group, and no oxygen-containing functional groups. It has larger crystallite forms and a longer chain structure than other carbon blacks, as well as less impurities. These distinct characteristics result in strong electrical and thermal conductivity, low moisture absorption, and high liquid absorption. Currently, many businesses are focusing on specialty carbon with high added value and performance. Furthermore, as the demand for lithium-ion batteries grows in the sunrise industries, so does product demand. The majority of manufacturers are expanding their product lines and producing new versions of their existing products.
Methodology
The market research report provides market volume, the share of the market execution, quantitative and qualitative analysis and product growth trends study for estimating the micro and macroeconomic factors that can affect the growth road map. To locate and collect material for this technical, market-oriented, and commercial examination of the acetylene black market, this research study utilizes vast secondary sources, directories, and databases such as Hoovers, Bloomberg Business Week, Reuters, and Factiva.
Several industry experts from core and allied industries, as well as preferred suppliers, manufacturers, distributors, service providers, and organizations from all parts of the industry's value chain, are the key sources. The global demand in the Acetylene black market was estimated over the forecast period. Not only this but also the study consists of the latest industry development such as restriction, growth factors and the market news.
The Global Acetylene black market share analysis provides in-depth insights into the international market like competitive environmental assessment, development trends, as well as the highest growth status of the region. Not only this but also the study contains the regulation as well as development ideas along with the overview of manufacturing processes and price structure.
Global Acetylene black market Key Highlights
- In-depth research of the growth variables that will enable market participants to reach their full potential in the future years.
- Customer behavior in relation to present and anticipated market developments.
- Insights on the product picture and specifications, new product releases, and technology integration fueling growth by top suppliers in the Acetylene black market industry.
- Over the predicted period, calculate the compound annual growth rate of the Acetylene black market to estimate the return on investment.
- Analysis of the global Acetylene black market share and market size in terms of volume and value, as well as the parent market's contribution to the global Acetylene black market.
What this study provides
- Global acetylene black market and submarket forecast, with associated analysis, for the years 2018 to 2030.
- Extensive details and analysis of contracts, projects, and programs.
- Analysis of game-changing technological trends and how they will shape the industry.
- Explanation of political, regulatory, and technical factors to consider.
- Barriers to entry analysis for global markets.
- Profiles of leading companies operating within the sector SWOT analysis of the major key players.
- Detailed Segmentation to help each stakeholder in market
- 2500+ data points in 60+ tables with focus on historic demand, estimated demand, and demand forecast
- Impact of COVID-19 on demand estimation & forecasts (2020 onward)
- Separate analysis of each segment to understand market deviation due to Covid-19 from 2020 onwards
- Coverage across 5 major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Country level demand of the 25+ major markets with key trends & factors influencing the same
Table of Contents
1. Market Abstract
2. Market Introduction
3. Research Practice
4. Key Related Data
5. Impact Factor Analysis
6. Market Development Analysis
7. Acetylene Black Market, by Type
8. Acetylene Black Market, by Grade
9. Acetylene Black Market, by Application
10. Acetylene Black Market, Regional Analysis
List of Tables
List of Figures
Executive Summary
Acetylene black is a type carbon black made from the self-heating pyrolysis of acetylene gas without the use of oxygen. As a result, it is exceptionally pure, the amount of hydrogen presents as undecomposed residual matter or as a functional group is extremely minimal, and oxygen-containing functional groups are absent. It features larger crystallite shapes, a longer chain structure, and contains less impurities than other carbon blacks. High electrical and thermal conductivity, low moisture absorption, and high liquid absorption are all results of these unique features. Many companies are currently concentrating on specialized carbon with high added value and performance. Furthermore, the demand for lithium-ion batteries is increasing in the sunrise industries, resulting in an increase in product demand. The majority of manufacturers are expanding their product portfolios and releasing new product versions.Asia Pacific accounted for the largest market share of 62.4% in 2020, with a market value of USD 145.30 Million and is projected to grow at a CAGR of 7.62% during the forecast period. Europe was the second-largest market in 2020, valued at USD 39.87 Million in 2020; it is projected to grow at a CAGR of 7.04%. However, North America is projected to grow at the CAGR of 5.55%. Acetylene Black market growth will likely be influenced by the non-tire specialty applications. Rapid urbanization and industrialization in Asia Pacific and South America will fuel the demand for rubber goods in the coming years. The demand for tires is rising in the replacement market around the world, driving the demand for Acetylene Black. The industry is consolidated with a number of players holding a prominent share of the global market; thus, the development of new products will be the key strategy for product manufacturers
Based on type, acetylene black market is segmented into powder form, and granular form. Among these, powder form accounted for the largest market share of 88.80% in 2020, with a market value of USD 206.94 Million and is projected to grow at a CAGR of 6.98% during the forecast period. Granular form was the second-largest market in 2020, valued at USD 26.10 Million in 2020; it is projected to grow at a CAGR of 8.06%.
Based on grade, acetylene black market is segmented into standard grade, and specialty grade. Specialty grade accounted for the largest market share of 72.04% in 2020, with a market value of USD 167.88 Million and is projected to grow at a CAGR of 7.39% during the forecast period. Standard grade was the second-largest market in 2020, valued at USD 65.15 Million in 2020; it is projected to grow at the CAGR of 6.35%
Based on application, acetylene black market is segmented into battery, tire bladder, cables, conductive plastic, silicon & rubber, printing ink, coatings, and others. Battery accounted for the largest market share of 29.12% in 2020, with a market value of USD 67.86 Million and is projected to grow at a CAGR of 8.23% during the forecast period. Cables was the second-largest market in 2020, valued at USD 45.84 Million in 2020; it is projected to grow at a CAGR of 7.24%
The acetylene black market is segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America on the basis region. Asia Pacific accounted for the largest market share of 62.4% in 2020, with a market value of USD 145.30 Million and is projected to grow at a CAGR of 7.62% during the forecast period. Europe was the second-largest market in 2020, valued at USD 39.87 Million in 2020; it is projected to grow at a CAGR of 7.04%. North America is projected to grow at the CAGR of 5.55%. China dominated the market in Asia Pacific owing to growing investment in the infrastructure and electronics industry will augment the acetylene black market revenue in the coming years. Furthermore, the expansion of tire producing plants in the region will create market opportunities for acetylene black manufacturers around the world.
BASF SE, Sumitomo Chemical CO., Ltd., Orion Engineered Carbons SA, IRPC Public Company Limited, Xuguang Chemical Co., Sun Petrochemicals, Hexing Chemical Industry, Vigazchemical, Jiaozuo Chengyuan New Material Co., Ltd are some of the prominent market players in the global acetylene black market. These companies are adopting various growth strategies such as new product launch, expansion, agreement, mergers & acquisitions in the market to retain a competitive market positions in the global acetylene black market from 2018 to 2020 till date. Among the growth strategies, new product launch capture more than half of the growth strategies followed by expansion.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Soltex.
- Xuguang Chemical Co. Ltd.
- Sun Petrochemicals Pvt. Ltd.
- Hexing Chemical Industry Co. Ltd.Sumitomo Chemical
- Vizag Chemical
- Orion Engineered Carbons
- Jiaozuo Chengyuan New Material Co. Ltd.
- Irpc Public Company Limited.
- Basf