Market revenue in 2023 | USD 7.6 million |
Market revenue in 2030 | USD 15.7 million |
Growth rate | 10.9% (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 30.26% in 2023. Horizon Databook has segmented the UAE specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
Growth of packaged food industry coupled with rising automotive sales is anticipated to drive industry growth in the UAE. Increasing per capita disposable income along with strong demand from textile industry is further expected to boost demand in the country. Growth of textile industry coupled with increasing demand in automotive and construction sector is anticipated to drive growth in the country.
In addition, UAE has numerous advantages owing to its location, as it has become a shipping hub for textile sector in several countries. Furthermore, due to improved economy and a large consumer base with high spending capacity, various countries have shifted their businesses to the country, which is estimated to contribute to the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into UAE specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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