
Global Carbon Black Circular Economy Growth Opportunities
Description
Global Carbon Black Circular Economy Growth Opportunities
Incorporating circular economy strategies in carbon black production will support sustainable development and benefit businesses, society, and the environment. A critical challenge for carbon black manufacturers is the high carbon emissions and combining the vital outcomes of high efficiency and sustainability. A shift to a low-carbon and regenerative economy with the development of disruptive technologies for carbon black will enable greater sustainability and material circulation, decarbonization of production processes, opportunities for new business models, and greater cooperation among market stakeholders.
The global carbon black market was $18.50 billion in 2021 and is forecast to reach $26.40 billion by 2030, recording a compound annual growth rate (CAGR) of 4.0%. Increasing product demand in various applications (e.g., tires, molding plastic parts), investment in new sustainability strategies, and decarbonization of production processes are likely to drive the market.
In this report, Frost & Sullivan analyzes the global carbon black production and consumption levels; market trends, size, and forecast up to 2030; regional hotspots; the competitive environment; development trends; disruptive technologies; and leading manufacturers’ sustainability strategies.
Other information presented includes:
• Impact of the top three strategic imperatives on the global carbon black market
• Key carbon black applications
• Market prices by type and grade
• Profiles of leading participants and an overview of their sustainability strategies
• The top circular economy growth opportunities
Incorporating circular economy strategies in carbon black production will support sustainable development and benefit businesses, society, and the environment. A critical challenge for carbon black manufacturers is the high carbon emissions and combining the vital outcomes of high efficiency and sustainability. A shift to a low-carbon and regenerative economy with the development of disruptive technologies for carbon black will enable greater sustainability and material circulation, decarbonization of production processes, opportunities for new business models, and greater cooperation among market stakeholders.
The global carbon black market was $18.50 billion in 2021 and is forecast to reach $26.40 billion by 2030, recording a compound annual growth rate (CAGR) of 4.0%. Increasing product demand in various applications (e.g., tires, molding plastic parts), investment in new sustainability strategies, and decarbonization of production processes are likely to drive the market.
In this report, Frost & Sullivan analyzes the global carbon black production and consumption levels; market trends, size, and forecast up to 2030; regional hotspots; the competitive environment; development trends; disruptive technologies; and leading manufacturers’ sustainability strategies.
Other information presented includes:
• Impact of the top three strategic imperatives on the global carbon black market
• Key carbon black applications
• Market prices by type and grade
• Profiles of leading participants and an overview of their sustainability strategies
• The top circular economy growth opportunities
Table of Contents
42 Pages
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top Three Strategic Imperatives on the Global Carbon Black Market
- Growth Opportunities Fuel the Growth Pipeline Engine™
- Key Growth Metrics
- Market Overview—Characteristics and Manufacturing Processes
- Market Overview—Applications
- Market Overview—Manufacturing Processes and Applications
- Market Overview—Carbon Black Grades
- Market Overview—Prices by Type and Grade
- Market Overview—Production and Consumption
- Market Trends
- Growth Drivers
- Growth Restraints
- Revenue Forecast
- Revenue Forecast Analysis
- Revenue Forecast by Region
- Revenue Forecast Analysis by Region
- Competitive Environment
- Market Share
- Overview of Key Market Players
- Sustainability Strategies—Cabot Corporation
- Sustainability Strategies—Orion Engineered Carbons
- Growth Opportunity 1: Incorporating Recovered Carbon Black to Enable Material Circularity
- Typical Recovered Carbon Black Applications
- Companies Producing Recovered Carbon Black—Elysium Nordic
- Companies Producing Recovered Carbon Black—Scandinavian Enviro Systems (SES)
- Companies Producing Recovered Carbon Black—Black Bear Carbon
- Growth Opportunity 2: Decarbonizing the Carbon Black Production Process
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