Market revenue in 2023 | USD 70.1 million |
Market revenue in 2030 | USD 122.1 million |
Growth rate | 8.3% (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 31.38% in 2023. Horizon Databook has segmented the Italy specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
Italy specialty carbon black market is driven by the growth of key end-use industries such as textile, plastics and construction and automotive. Recovery of automotive industry coupled with increasing construction spending is expected to fuel production of film & sheet, hoses, belts, wire & cable, paints & coatings and in turn benefit the specialty carbon black market in the country.
Increasing demand for food grade packaging in convenience food & beverages market is anticipated to drive market growth in the near future. Conductive polymers application segment is estimated to witness high demand owing to growing demand for inexpensive, lightweight, and high-performance products is driving the growth and potential of conductive polymers.
Their flexibility, dimensional stability, strength, and chemical resistance have increased their demand in the market. Furthermore, polyester fiber is also estimated to witness high demand in the near future owing to increasing demand from textile industry in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into Italy specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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