Market revenue in 2023 | USD 175.1 million |
Market revenue in 2030 | USD 312.6 million |
Growth rate | 8.6% (CAGR from 2023 to 2030) |
Largest segment | Food contact |
Fastest growing segment | Conductive |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Conductive, Fiber, Food Contact, Other Grades |
Key market players worldwide | Tokai Carbon Co Ltd, Continental AG, Aditya Birla Group, Cabot Corp, Philips, Orion SA |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to specialty carbon black market will help companies and investors design strategic landscapes.
Food contact was the largest segment with a revenue share of 30.9% in 2023. Horizon Databook has segmented the Germany specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
Germany specialty carbon black market is driven by growth of key end-use industries such as automotive and plastics industries. Increasing demand molded parts for consumer goods along with growth of nonrubber automotive applications is anticipated to drive growth in the country.
Food was the largest grade segment in German market, with high consumer demand for Packaged and convenience food & beverages owing to busy lifestyle and changing consumer preferences. Growth of packaging industry is another key driving factor for food grade carbon black market growth over the forecast period.
Conductive polymers also emerged as the prominent segment in the Germany conductive carbon black. Conductive polymers are utilized to render generally resistive polymers electrically conductive that could protect equipment and materials against early damage or failure owing to electrostatic discharge.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into Germany specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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