Market revenue in 2023 | USD 57.7 million |
Market revenue in 2030 | USD 95.3 million |
Growth rate | 7.4% (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 31.2% in 2023. Horizon Databook has segmented the UK specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
UK specialty carbon black industry is expected to be driven by growth of automotive industry along with increasing polymer demand in consumer goods and wire & cable applications. The market in UK is anticipated to witness significant growth owing to strong demand from end-use industries such as tires and plastics.
Increasing automobile sales along with strong economic recovery post-recession is anticipated to emerge as the key driving force for market growth over the forecast period. The country is also estimated to witness high demand owing to increasing application scope of product in capacitors, antistatic packaging, batteries, textiles & fabrics, actuators, sensors, organic transistors and solar cells.
Horizon Databook provides a detailed overview of country-level data and insights on the UK specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into UK specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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