![black market performance black market performance](https://i.ytimg.com/vi/--wTXDslroo/hqdefault.jpg)
Furthermore, the expansion of tire producing plants in the region will create market opportunities for acetylene black manufacturers around the world.īASF 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. 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. North America is projected to grow at the CAGR of 5.55%.
![black market performance black market performance](http://blackmarketdiesel.com/wp-content/uploads/2018/01/logo-right-tight-crop.png)
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% 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. 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%īased on application, acetylene black market is segmented into battery, tire bladder, cables, conductive plastic, silicon & rubber, printing ink, coatings, and others. 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. 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%.īased on grade, acetylene black market is segmented into standard grade, and specialty grade. 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. 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 manufacturersīased on type, acetylene black market is segmented into powder form, and granular form. The demand for tires is rising in the replacement market around the world, driving the demand for Acetylene Black. Rapid urbanization and industrialization in Asia Pacific and South America will fuel the demand for rubber goods in the coming years. Acetylene Black market growth will likely be influenced by the non-tire specialty applications. However, North America is projected to grow at the CAGR of 5.55%. 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%. The majority of manufacturers are expanding their product portfolios and releasing new product versions.Īsia 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. Furthermore, the demand for lithium-ion batteries is increasing in the sunrise industries, resulting in an increase in product demand. Many companies are currently concentrating on specialized carbon with high added value and performance. In 2020, Europe was the second-largest market, predicted to grow at a CAGR of 7.04% over the forecast period.
![black market performance black market performance](https://puredieselpower.com/image/cache/catalog/product/65/s304828907758694351_p49_i2_w1600-250x250w.jpeg)
With a market value of USD 145.30 million in 2020, Asia Pacific held the largest share in Acetylene black market. 08, 2021 (GLOBE NEWSWIRE) - The "Acetylene Black Market- Market Size & Forecasting (2018-2030)" report has been added to 's offering.