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Sustainable Carbon Black (sCB) Market is predicted to represent a 5.8% CAGR during the forecast period for 2024-2031.
Sustainable carbon black offers an eco-friendly alternative to traditional carbon black, derived from renewable sources like biomass, recycled tyres, or plastics. This innovative approach significantly reduces environmental impact by lowering greenhouse gas emissions, decreasing reliance on fossil fuels, and promoting waste reduction through material recycling. Although faced with challenges such as scalability and cost-competitiveness, sustainable carbon black aligns with growing demands for sustainable materials across various industries. Its development marks a crucial step towards achieving greater sustainability in manufacturing processes, contributing to the global effort to mitigate climate change and foster a circular economy.
The demand for sustainable carbon black (CB) is anticipated to rise due to its increasing application in many end-user industries, including transportation, industrial, printing, packaging, building, and construction. Furthermore, sustainable carbon black (sCB) is anticipated to witness even more rapid expansion with the expanding rubber industry. The expansion of the automotive industry is anticipated to lead to growth in the market.
However, the market development is hampered by the high-cost criteria for the safety and health of the sustainable carbon black (sCB) market and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high sustainable carbon black (sCB) because of the prohibitive startup and ongoing expenses of producing commercially viable quantities of sustainable carbon black (sCB), new players in the industry are unable to break into the market.
The market for sustainable carbon black (sCB) took a hit due to the recent coronavirus emergency. Combating the virus's spread has worsened matters and stunted the expansion of some industries. The sudden closure of national and international borders has had an unforeseen impact on several industries, including automotive, industrial, oil and gas, chemical, and aerospace, where operational efficiency has been lost and value chains have been disrupted.
The sustainable carbon black (sCB) market is segmented based on type and application. According to the type, the market is segmented into primary carbon black and inorganic carbon black. By application, the market is segmented into tyres, plastics, coatings, and inks.
The primary carbon black sustainable carbon black (sCB) market is expected to lead with a major global market share. Carbon black is a common material for stabilizing metal nanoparticles because of its many desirable properties, including its cheap cost, wide surface area, strong electron conductivity, chemical inertness, and mechanical and thermal durability. It is produced by pyrolyzing organic polymers or hydrocarbon precursors.
The coatings industry makes up the bulk of acrylic acid ester usage because coatings defend against wear-prone applications. Their design features are wearing resistance, reduced friction, protection from caustic and acidic fluids and cleaning agents, and improved line efficiency.
The North American sustainable carbon black (sCB) market is likely to register a large market share in revenue in the near future. It can be attributed to the growing need for eco-friendly and economical substitutes for conventional materials. The region's emphasis on sustainability and its well-established automobile industry are propelling the adoption of sCB. In addition, Asia Pacific is estimated to grow rapidly in the global sustainable carbon black (sCB) market because the increasing demand for environmentally friendly items is driven by the region's thriving automotive and tyre industries. Increased manufacturing of rubber goods and plastics is also fueling growth in this area's sustainable carbon black market.
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 5.8% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
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Competitive Landscape |
Monolith, Birla Carbon, Waverly Carbon, OCI Company, Goodyear Tire and Rubber Company and Tokai Carbon. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1.cMethodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Sustainable Carbon Black (sCB) Market Snapshot
Chapter 4. Global Sustainable Carbon Black (sCB) Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:
5.2.1. Primary Carbon Black
5.2.2. Inorganic Carbon Black
Chapter 6. Market Segmentation 2: by End-users Estimates & Trend Analysis
6.1. by End-users & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-users:
6.2.1. Tire
6.2.2. Plastics
6.2.3. Coatings
6.2.4. Inks
Chapter 7. Sustainable Carbon Black (sCB) Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.1.2. North America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.1.3. North America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.2. Europe
7.2.1. Europe Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.2.2. Europe Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.2.3. Europe Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.3.2. Asia Pacific Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.3.3. Asia Pacific Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.4. Latin America
7.4.1. Latin America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.4.2. Latin America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.4.3. Latin America Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.5.2. Middle East & Africa Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2023-2031
7.5.3. Middle East & Africa Sustainable Carbon Black (sCB) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Monolith
8.2.2. Birla Carbon
8.2.3. Waverly Carbon
8.2.4. OCI Company
8.2.5. Goodyear Tire and Rubber Company
8.2.6. Tokai Carbon
8.2.7. Other prominent players
Sustainable Carbon Black (sCB) Market By Type-
Sustainable Carbon Black (sCB) Market By Application-
Sustainable Carbon Black (sCB) Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
