Acetylene carbon black is used in most of the electronics & the advancement in electronics and semiconductor sector is driving the global acetylene carbon black market growth
The value of the Acetylene Carbon Black market is projected to grow to USD 5.40 billion with an estimated CAGR of 10.0 % by 2030
Covid-19 Impact & Market Status
The breakout of the COVID-19 pandemic has had a significant impact on practically every industry. Regulatory agencies all across the world are compelled to enforce stringent lockdowns and travel bans as the COVID-19 epidemic spreads. Additionally, this has had a big influence on the wireless projector industry's growth.
Rapid global urbanisation may also prove to be a major development driver for the Acetylene Carbon Black industry. The oil and gas sector has suffered greatly as a result of the COVID-19 pandemic. The virus's rapid spread necessitated the imposition of lockdown restrictions, which resulted in massive losses. For a short while, oil prospecting was put on hold. Border limitations have also had a significant impact on the Acetylene Carbon Black business. Due to the closure of manufacturing facilities and production units, demand was significantly reduced. This factor proven to be a stumbling block to the Acetylene Carbon Black market's expansion. The Acetylene Carbon Black market, on the other hand, has benefited from the relaxations declared by government authorities in various nations.
The resumption of oil exploration activities and the commencement of industry operations will put the waste oil market back on track.
Standard Grade Acetylene Carbon Black Is Expected To Drive The Market Growth
Acetylene black carbon is used for conductive purposes as well as largely used in paints and coatings, inks and cartridges, etc, since it has all the required chemical & physical properties which helps the acetylene carbon black to be conductive, hardening agent, act as a catalyst and be used in various sectors .
Based on grade, the market is separated into two categories: specialized grade and standard grade. Standard grade is the largest segment of the worldwide market. The rise is due to the increased usage of common rubber-based products such as tyres, wires, and cables in a range of industrial applications. The specialized grade is predicted to grow considerably because to its growing use in the inks, coatings, and plastics industries.
Paints & Coatings Followed By Plastics Gain The Highest Market Share In Acetylene Black Carbon Market
It's utilised in plastics, printing inks and toners, paints and coatings, and other applications, depending on the application. Because of its high conductivity, it is commonly used in batteries, conductive polymers, solar panels, conductive coatings, and rubber products. Market growth is predicted to be fueled by increased demand for acetylene black in paints, inks, and coatings. Carbon black is combined with synthetic and natural epoxies and reheated in the creation of rubber compound components for a variety of rubber goods. Because of its qualities, acetylene black has a significant demand from the rubber sector, which is also one of the greatest driving drivers for its global market expansion.
APAC Region Will Gain The Lions Share In The Acetylene Carbon Black Market.
The market's top revenue generator was Asia-Pacific. Due of its high rigidity, low weight, good chemical resistance, high tensile strength, low thermal expansion, and high temperature tolerance, acetylene carbon black is gaining favor in Asia-Pacific building engineering.
Manufacturing of plastic goods is to propel the market growth for acetylene black carbon market. Because of its excellent strength, thermal conductivity, and antistatic qualities, it is in great demand. They also function as a UV light absorber, which helps to prevent discoloration, chalking, fading, and cracking in plastic.
In 2022 the market for Acetylene Carbon Black was valued at USD 265.3 million. The CAGR of 4% the market is exteped to have USD 340.4 million during the forecast period.
Carbon black is a form of acetylene black. It's made from the thermal breakdown of acetylene. The carbon is highly refined and remarkably conductive. As a result, it plays a vital role in manufacturing of dry cells, electric power lines, and silicon goods, among other things. As a carbon black alternative, we can employ acetylene black.
It is distinguished from ash by having a significantly higher surface-area-to-volume ratio and a significantly lower PAH (polycyclic aromatic hydrocarbon) concentration (negligible and non-bioavailable). Thus, carbon black is frequently used in diesel oxidation research as a model material for diesel soot. Plastics, inks, and paints all include carbon black as a color pigment. It is used as a food colourant in some locations, such as the EU, if it is made from vegetable matter.
Carbon black is a significant adsorbent. Acetylene black is a form of carbon black that varies from other carbon black materials in terms of manufacturing source. Acetylene black gets its name from acetylene, whereas carbon black gets its name from heavy petroleum compounds. Carbon black is a paracrystalline carbon that has a higher surface-area-to-volume ratio than activated carbon but is less dense.
As a result, the main difference between carbon black and acetylene black is that acetylene black is produced by the thermal breakdown of acetylene, whereas carbon black is produced by incomplete combustion of heavy density petroleum compounds. We can, however, swap acetylene black for carbon black. Acetylene Black is a carbon black generated from the self-heating, oxygen-free pyrolysis of acetylene gas.
Key players such as Cabot Corporation, Carbon Black Limited, Denka Company Limited, Orion Engineered Carbons S.A, Birla Carbon, Phillips, Mitsubishi Chemical Corporation, China Synthetic Imerys SA, Shanxi Fulihua Chemical Materials, Rubber Corporation, Tokai Carbon Co. Ltd, Shandong Huibaichuan New Materials, Zaozhuang Xinyuan Chemical Industry and Sid Richardson Carbon & Energy, Beilum Carbon Chemical Limited, Shandong Emperor-Taishan Carbon, and others.
To increase their market position, these businesses have implemented a variety of growth tactics. These companies' main growth strategies include expansion, new product development, and cooperation in order to improve their product range and geographical presence to address the rising demand for activated carbon filters from emerging nations.
Latest Innovation in the Global Acetylene Carbon Black Market: A snapshot
- Birla Carbon has teamed up with Circtec, a leading manufacturer of Sustainable Carbonaceous Materials. For the tyre, mechanical rubber products, and plastic sectors, our alliance will produce the single biggest source of Sustainable Carbonaceous Materials.
- Cabot just finished a new project on emission control technologies that will enhance air quality by significantly reducing NOX and SO2 emissions – approximately 20 tonnes of mixed emissions per day will be avoided. Cabot's waste heat is also collected and utilized to generate up to 50 megawatts of electricity without releasing any new pollutants.
Acetylene Carbon Black Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 340.4 million.|
|Growth Rate||CAGR of 4.0% during 2021-2028|
|Segment Covered||Grade, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Cabot Corporation, Carbon Black Limited, Denka Company Limited, Orion Engineered Carbons S.A, Birla Carbon, Phillips, Mitsubishi Chemical Corporation, China Synthetic Imerys SA, Shanxi Fulihua Chemical Materials, Rubber Corporation, Tokai Carbon Co. Ltd & among others.|
Key Segments of the Global Acetylene Carbon Black Market
Grade Overview, 2022-2029 (USD Million)
Application Overview, 2022-2029 (USD Million)
- Printing Inks & Toners
- Paints & Coatings
Regional Overview, 2022-2029 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa