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Report Overview
The United Kingdom carbon black market value reached USD 371.10 million in 2023. The market is further expected to grow at a CAGR of 7.4% between 2024 and 2032 to attain nearly USD 705.06 million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Carbon Black Market Growth
Carbon black (CB) refers to a material that typically contains fine carbon particles. In its pure form, it appears as a fine black powder. Different methods such as thermal black and furnace black are used to obtain CB. Moreover, it is used in various applications in the rubber, tyre, plastic, and paints and coatings sectors among others.
The increasing investments in chemistry expertise, production machinery, and laboratory equipment for manufacturing are likely to aid the United Kingdom carbon black industry growth. Moreover, leading companies are focusing on efficiently sourcing their raw materials to boost the production of high-quality rCB and expand their operations.
United Kingdom Carbon Black Market Report Snapshots
United Kingdom Carbon Black Market Size
United Kingdom Carbon Black Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 371.10 million.
The market is projected to grow at a CAGR of 7.4% between 2024 and 2032.
The market is being aided by the robust growth of the automotive industry, technological advancements and innovations, and diverse end-uses of CB.
The significant grades of CB in the market are rubber grade and speciality grade.
The revenue generated from the carbon black market is expected to reach USD 705.06 million in 2032.
The market is expected to be propelled by the rising demand for rCB, the growing popularity of electric vehicles, and the increasing development of innovative speciality grade CB.
Based on end use, the market is divided into industrial, building and construction, printing and packaging, transportation, and others.
The major products of CB in the market are furnace, acetylene, thermal black and others.
Carbon black is made from incomplete combustion of fossil fuels such as diesel, gasoline, and coal. Various methods, including furnace black and thermal black, among others, are used to obtain CB from such fossil fuels.
The surface-area-to-volume ratio of CB is lower than that of activated carbon. While CB is produced from incomplete combustion of petroleum, activated carbon is made up of carbon atoms and derived from charcoal.
The competitive landscape consists of Waverly Carbon Ltd, Cabot Corporation, Tokai Carbon Co., Ltd, and PanaSystem Handels GmbH, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124