Smithers identifies four key technology pathways to sustainable carbon black

In its brand new technology report, The Impact of Sustainability on Carbon Black to 2041, Smithers identifies and profiles the four leading platform technologies that will enable this transition. Adoption will increase the array of greener material options available in multiple segments – most notably tires and other rubber goods where carbon black has long been employed as a cost-effective filler. In 2022, Smithers data show demand for fillers in tires will reach 13.9 million metric tonnes; making it the leading end-use market.

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APR recognizes OnColor NIR sortable colorants from Avient as preferred for recyclability

Avient Corporation announced its line of near-infrared (NIR) sortable dark colorants was recently recognized by the Association of Plastics Recyclers (APR) under its Meets Preferred Guidance (MPG) program. With the recognition, OnColor™ NIR Sortable Colorants are preferred for high-density polyethylene (HDPE) resin in black and dark colors, according to the APR Design® Guide for Plastics Recyclability. In addition, testing is underway to support an application for MPG recognition for the same colorants for polypropylene resin (PP).

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Bridgestone and Michelin to deliver a joint presentation on proposed global standard for recovered carbon black

Following the joint call to action around recovered carbon black at last year’s Smithers rCB conference, Bridgestone Corporation and Michelin Group will deliver a joint presentation to share the results of their work with stakeholders in the rCB community to develop a proposed global standard to increase the utilization of recovered carbon black material in tires. The joint presentation will take place at the Smithers Recovered Carbon Black Conference in Berlin on November 16, 2022.

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Carbon black market forecast at $22.1 billion by 2028

The key players are Aditya Birla, Cabot Corporation, Orion Engineered Carbonss, Black Cat Carbon Black, China Synthetic Rubber Corporation (CSRC), Tokai Carbon Co., Ltd., Omsk, Phillips Carbon Black Limited, Sid Richardson, Longxing Chemical, HUADONG RUBBER MATERIAL, BAOHUA, JINNENG, DAGUANGMING GROUP etc. Top 3 companies occupied about 44% market share.

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Global carbon black market forecast at $18.09 billion by 2029

The global carbon black market size was valued at USD 12.61 billion in 2021. The market is projected to grow from USD 13.22 billion in 2022 to USD 18.09 billion by 2029, exhibiting a CAGR of 4.6% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with carbon black experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of -11.5% in 2020 as compared to 2019 according to Fortune Business Insights

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Birla Carbon announces major capacity production plans

Birla Carbon announced an additional 200 kMT capacity expansion across key markets. Based on customer demand and feedback, the expansion will cover strategic markets in Europe, India, and China in support of both rubber and specialty applications. The expansions are expected to be complete in the calendar year 2024. dding capacity for surface treatment of high-value specialty materials in India, serving customers in critical applications like water-based coatings in line with sustainability-driven industry trend

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Carbon black market forecast at $22 billion by 2027

– The global carbon black market attained a value of almost USD 15036.1 million in 2021. Aided by surging applications in tire manufacturing and automobile industries, the market is projected to further grow at a CAGR of 5.7% between 2022 and 2027 to reach a value of USD 22103.7 million by 2027 according to ResearchandMarkets.com

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