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Global carbon black market to reach $10.9 billion by 2025

  2/14/2020 - Bangalore, India - The global carbon black market is expected to rise from $7,914.67 million in 2018 to $10,901.67 million at a compound annual growth rate (CAGR) of 4.68 percent by the end of 2025, according to Valuates Reports. The report strategically segments the carbon black market into acetylene black, channel black, furnace black and thermal black based on the type, and into specialty grade and standard grade based on its type. This classification allows for an in-depth insight into the carbon black industry. Carbon black is one of the major reinforcers that is used in the tire industry owing to its effect on the mechanical and dynamic properties of tires. This utilization of carbon black in the tire industry is expected to increase the market size. Apart from tires, carbon black is also used for other applications such as conveyor belts, gaskets, air springs, grommets, vibration isolation devices and hoses. The ever increasing demand from the Asia-Pacific market for UV protection and conductive plastics is expected to propel the carbon black market size. Growth in the automotive industry is another important driver for the carbon black market. China is a major contributor to the production of black carbon. China is also the world's largest exporter of black carbon. This dominance of China in the carbon black production and export has made the Asia pacific the major region in the carbon black market.

Friday, February 28, 2020

VMI wins Tire Mnufacturing Innovation of the Year Award at Tire Technology Expo 2020 - click to expand

Arkema board of directors unanimously proposes renewal of the directorship of Thierry Le Hénaff - click to expand

Arburg Technology Days 2020 cancelled - click to expand

Goodyear and Skechers collaborate on footwear - click to expand

Book of the day - Rubber Molding Principles - click to expand

Eastman named Tire Industry Supplier of the Year - click to expand

Thursday, February 27, 2020

Warburg Pincus to invest $150 million in Apollo Tyres - click to expand

Dow Silicones hosts webinar on uses for liquid silicone rubber - click to expand

JEC World 2020 postponed from March 3 to May12 due to coronavirus concerns - click to expand

Cabot Corporation launches engineered elastomer composites solutions - click to expand

ACI's 5th Future of Surfactants Summit North America 2020 to be held in Boston - click to expand

Arkema commits to keeping global warming below 2°C - click to expand

Wednesday, February 26, 2020

Goodyear connected tires said to reduce lost stopping distance - click to expand

Cooper Tire and United Steelworkers Local 207L reach tentative agreement - click to expand

World Rubber Summit 2020 to be held May 4-6 in Abidjan, Ivory Coast - click to expand

International Elastomer Conference 2020 and 2021 space now being secured - click to expand

Trinseo tackles mobility challenges with functionalized polymers at Tire Technology Expo 2020 - click to expand

Birla Carbon App makes debut at Tire Technology Expo 2020 - click to expand

Tuesday, February 25, 2020

4Jet acquires tire inspection business of Hennecke Systems - click to expand

Rahco Rubber promotes Flores to engineering technician - click to expand

Greene Tweed uses flow and cure simulation technology - click to expand

Hehl and Keinath take over RepRap - click to expand

Bicycle bottle from Vaude runs on bio-based TPE from Hexpol - click to expand

Cooper Tire reports full year financial results - click to expand

Monday, February 24, 2020

Cooper Tire & Rubber declares its 192nd consecutive quarterly dividend - click to expand

ARPM releases State of the Rubber Industry report - click to expand

Siemens announces collaboration with McNeil & NRM on a digital twin of the Autolok tire curing press - click to expand

Entrepreneur names Big O Tires in top 100 of The Franchise 500 - click to expand

Engel opens subsidiary in Japan - click to expand

Goldsmith & Eggleton announces laboratory renovation - click to expand

Market Reports

Global lithopene market forecast with a CAGR of 4 percent through 2027 - click to expand

Silicone adhesives market forecast with a CAGR of 8.2 percent through 2025 - click to expand

Global injection molding materials market forecast at $239 billion by 2025 - click to expand

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