Conductive carbon black (CCB) is used in plastics as it reduces the risk of electrostatic discharge, particularly as an additive in polymer matrix. Conductive carbon is prominently consumed in electronic packaging, fuel tanks, wires, cables, and automotive parts.
It protects electronic products from mechanical damage, and aids in their cooling and maintenance. Conductive carbon black enables polymers to be conductive at very low loading, leading to better mechanical property retention. Electrically conductive plastic is used in jacket coverings for high power transmission cables, and also for shielding sensitive electronic components.
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- AkzoNobel N.V.
- Orion Engineered Carbon
- Cabot Corporation
- Denka Company Ltd.
- Tokai Carbon Co. Ltd.
- Phillips Carbon Black Limited
- Imerys Graphite & Carbon
- Ampacet Corporation
- Birla carbon
- Asbury Corporation
Multiple Benefits Offered by CCB Boost its Usage in Electronics and Coatings
Conductive black carbon coatings are used to shield sensitive electronic components from electromagnetic and radio frequency interference from devices, and also from the surroundings. Coatings combined with conductive carbon black can be tinted in different colors.
Coatings of different types such as acrylic and epoxy have prominent application in the automotive industry. Conductive carbon black is used in electrical components and appliances to enhance the electrical conductivity of the material.
Increasing conductivity of the material improves its mechanical properties and strength. All these factors are projected to boost the growth of the conductive black carbon market over the coming years.
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Sustained Demand on Account of Wide-ranging Applications in Automotive Industry
Conducting carbon black is a rubber reinforcing agent used in the manufacturing of a wide variety of rubber products, which are used in the automotive industry. Conductive carbon black is incorporated in shoe soles to lessen the impact of earthquake vibrations. Carbon black is incorporated in rubber materials as a filler, or a strengthening and reinforcing agent.
It is used in innerliners and sidewalls for specific requirements. Conductive carbon black is used in automotive coatings due to its jetness and reliable tinting performance. Sustained demand for conductive rubber materials for such applications is projected to drive the growth of the conductive carbon black market during the forecast period.
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Acquisitions and Mergers - Key Strategy for Manufacturers
Globally, manufacturers in the conductive carbon black market are focusing on establishing new branches, and are acquiring company shares and other manufacturing companies to meet the increased demand from various end-use industries.
They are also focusing on expanding their foothold in local and regional market through expansions. Some of the key development activities undertaken by the leading stakeholders in the global conductive carbon black market are:
- In 2019, Tokai Carbon successfully acquired 100% shares of COBEX Holdco GmbH along with its affiliate companies COBEX Polka sp., COBEX Shanghai Ltd., and COBEX GmbH.
- In 2018, Cabot Corporation acquired NSCC Carbon Co., Ltd. from Nippon Steel Carbon Co., Ltd., in order to increase its product portfolio in the performance chemicals segment.
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Conductive Carbon Black Market: Structure Analysis
The global conductive carbon black market has a fragmented market competition landscape, where manufactures are focusing on adopting alternative distribution channels, such as online, to further strengthen their market presence in regional as well as global markets. A majority of the key players are focusing on the acquisition of smaller players. Small-scale companies need to make significant investments in R&D to introduce new products and enhance their presence across the globe.
North America and Europe are expected to capture around two-third share of the global conductive carbon black market. Stakeholders can focus on these two regions over the forecast period to increase their prominence and profit margins. Manufacturers of conductive carbon black are focusing on collaborations and mergers for increasing their product portfolio and enhancing their supply chain.
Conductive Carbon Black Market: Segmentation