1. What is the projected Compound Annual Growth Rate (CAGR) of the North America and South America Acetylene Black Market?
The projected CAGR is approximately 5.0%.
North America and South America Acetylene Black Market by Type (Powder Form, Granular Form), by Application (Adhesives/Sealants/Coatings, Batteries, Rubber, Greases, Cosmetic & Personal Care, Others), by North America (U. S., Canada), by South America (Brazil, Mexico, Rest of South America) Forecast 2025-2033
The North America and South America Acetylene Black Market size was valued at USD 28.4 USD Million in 2023 and is projected to reach USD 39.96 USD Million by 2032, exhibiting a CAGR of 5.0 % during the forecast period. Acetylene black is a brand of carbon black of technological requirement, being the variety of these needs treated by multiple industries throughout America's northern and southern parts. SBR is a reinforcer filler that improves mechanical properties including tensile, wear, and tear resistance. It comes in handy when manufacturing tyres, auto components, and commercial rubber products. Black coal was classified according to the family types of channels black, furnace black, and thermal black depending on their specific properties and their industrial application. The customer trends show a high growth thereby the market being drivers soured by stringent regulations and sustainability in the automotive sector. With the advent of new and cleaner technologies, astute industry leaders become well-equipped to greatly improve the sustainability of the acetylene, while remaining on the lookout for new technologies and recycling methods. The Americas acetylene black market is hence bound for a steady and impressive growth in the years to come.
Type:
Application:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.0% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.0%.
Key companies in the market include Asbury Carbons (U.S.), Orion S.A. (Luxembourg), Denka Company Limited (Japan), Jiaozuo City Hexing Chemical Industry Co. Ltd. (China), Ningxia Jinhua Chemical Co., Ltd. (China), Tianjin Yiborui Chemical Co., Ltd. (China), West Chemicals Co. (U.S.), HENAN JINHE INDUSTRY CO., LTD. (China), Imerys (France), Birla Carbon (Thailand).
The market segments include Type, Application.
The market size is estimated to be USD 28.4 USD Million as of 2022.
Growing Battery Production to Drive North America & South America Acetylene Black Market Growth.
Increasing Acetylene Black Adoption in High-Performance Rubber Products to Create Market Growth Opportunities.
Availability of Substitutes and Volatality in Raw Material Availability to Limit Market Growth.
May 2022- Orion Engineered Carbons announced plans to construct the only plant in the U.S. to manufacture acetylene-based conductive additives. The move will enable the company to play a critical role in the value chain for high-voltage cables, lithium-ion batteries, and other products.
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