Carbon black market forecast with a CAGR of 4.8 percent through 2030

According to the ChemAnalyst report, “Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand and Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030,” the carbon black market observed a promising demand in the past five years and is predicted to reach 27.21 million tons by 2030, along with a healthy CAGR of 4.82 percent in the next ten years, owing to their applications in automobile tires, industrial rubber products, printing inks and toners, belts and hoses, paints and coatings, and others.

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Orion Engineered Carbons partners with RISE Research Institutes of Sweden to produce renewable carbon black

Orion Engineered Carbons S.A. has partnered with RISE Research Institutes of Sweden  in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more climate-neutral carbon black production by replacing traditional carbon black feedstock with pyrolysis oil from biomass oil. Orion plans to convert the biomass oil into carbon black using its small-scale furnace reactor in Kalscheuren, Germany and will explore ways to upscale the process to match market demands. Additionally, using a pilot-scale reactor at its site in Piteå, Sweden, RISE will evaluate the use of electrofuels, such as plasma or hydrogen from electrolysis, as sustainable heat sources for the carbon black process.

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Epsilon Carbon commissions India’s first integrated carbon black complex

Epsilon Carbon Private Limited (ECPL) has established India’s first integrated carbon black complex located in Bellary, Karnataka. With a capacity of 115,000 tons per year (TPA), the carbon black Unit has successfully commissioned its operations and is already running close to its full capacity. The integrated facility produces both tread and carcass grades of ASTM carbon blacks for tire, non-tire rubber and plastic masterbatch partners globally.

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