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Graphite Galore: Navigating the Global Market
Graphite Market Rollercoaster: A Expedition
Welcome to the circus, I mean, the Global Graphite Market — where the twists and turns are more dramatic than a Shakespearean tragedy. With 157 pages, 95 tables, and 76 figures, it’s not just a report; it’s a magnum opus. So, fasten your seatbelts, and let the graphite rollercoaster ride begin!
Graphite Market Insights:
Hold onto your monocles, ladies and gentlemen! The graphite market started as the underdog at USD 19.54 billion in 2021 and is now on a Hollywood-style trajectory, set to reach USD 29.55 billion by 2030. Move over rom-coms; the world is falling head over heels for sustainable and lightweight materials, and graphite is playing the lead role.
Segmental Shenanigans: Graphite Types, Forms, and Applications
Picture a high school sitcom, but instead of jocks and nerds, we’ve got natural graphite, synthetic graphite, flake graphite, and amorphous graphite sashaying down the runway. And don’t get us started on the applications — refractories, lubricants, batteries — it’s a graphite party, and everyone’s invited. Graphite: the ultimate socialite of materials!
Global Graphite Market: Regional Rumble
Cue the world map because it’s time for a global showdown. Asia-Pacific, with China leading the charge, is throwing the biggest graphite bash. North America and Europe are crashing the party fashionably late, thanks to the electric vehicle and renewable energy craze. It’s geopolitics, but make it graphite chic.
Market Dynamics: Driving Forces and Comic Roadblocks
In this blockbuster, the hero is the increasing demand for graphite in batteries, swooping in to save the day. But watch out for the villain — environmental concerns associated with graphite mining. Picture it: graphite as the superhero battling land degradation and water pollution. It’s a thriller with a green twist.
Graphite Market’s All-Stars: The Cast of Key Players
Roll out the red carpet because it’s time to applaud the real stars of this graphite comedy — the key players. From Graphite India Limited to SGL Carbon SE, these companies are not just business moguls; they’re graphite rockstars, ready to take on the world with innovation, collaboration, and maybe a little graphite-themed karaoke.
For More Information: https://www.skyquestt.com/report/graphite-market
Graphite Market Trends: Where Fashion Meets Function
Move aside Milan; graphite is the new black. With a focus on sustainable technologies, innovations in battery materials, and efforts to address environmental impacts, it’s a runway show of progress. Electric vehicles, renewable energy — it’s not just a trend; it’s a graphite revolution, where fashion meets function.
Conclusion: Navigating the Graphite Maze with a Chuckle
As we wrap up this graphite extravaganza, remember, the graphite market isn’t just numbers and trends; it’s a comedy in the making. So, whether you’re a graphite guru, an industry insider, or just someone looking for a chuckle, the graphite market is the place to be — where data analysis and humor collide, creating a carbon-infused spectacle.
There you have it — a graphite-filled adventure with a dash of humor. Because who said market reports couldn’t be entertaining?
About Us-
SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.
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Navigating the Carbon Jungle: A Dive into the Global Graphite Market
Graphite Market Rollercoaster: A Brief Overview
Buckle up, folks! The Global Graphite Market is like a rollercoaster, with twists and turns that can make your head spin. Published in November 2023, this report is the map to guide us through the ups and downs of the graphite jungle. With a whopping 157 pages, 95 tables, and 76 figures, it’s like the “War and Peace” of the industrial world. So, let’s embark on this thrilling adventure without further ado.
Graphite Market Insights: The Drama Unfolds
Picture this: the graphite market size was a modest USD 19.54 billion in 2021, but hold your horses; it’s projected to reach a whopping USD 29.55 billion by 2030. That’s a CAGR of 5.2% for those who love acronyms. Why this graphite boom, you ask? Well, it seems the world is smitten with sustainable and lightweight materials, and graphite is the charming protagonist in this industrial love story.
Segmental Shenanigans: Graphite Types, Forms, and Applications
The graphite market is like a high school with different cliques, and each type, form, and application is a cool kid with its own identity. Natural graphite, synthetic graphite, flake graphite, amorphous graphite — it’s like a graphite fashion show. And don’t even get us started on the applications: refractories, lubricants, batteries, fuel cells — graphite is the ultimate multitasker, the superhero of materials.
Global Graphite Market: Regional Rumble
Hold onto your hats as we zoom into the global map of graphite domination. Asia-Pacific, led by the industrial powerhouse China, is flexing its graphite muscles. North America and Europe are joining the party, fueled by the electric vehicle and renewable energy hype. It’s like a geopolitical chess game, but with graphite as the strategic player.
Market Dynamics: Driving Forces and Roadblocks
Just like any good drama, the graphite market has its fair share of heroes and villains. The increasing demand for graphite in batteries is the hero, swooping in to save the day. But watch out for the villain — environmental concerns associated with graphite mining. Land degradation and water pollution are the enemies, making the plot thick with suspense.
For More Information: https://www.skyquestt.com/report/graphite-market
Graphite Market’s All-Stars: The Cast of Key Players
It’s time to roll out the red carpet for the real stars of the graphite show — the key players. From Graphite India Limited to SGL Carbon SE, these companies are not just in it for the money; they’re here to innovate, collaborate, and maybe even create a graphite-themed Oscars.
Graphite Market Trends: Where Fashion Meets Function
Move over Milan, the graphite market is the new fashion capital. With a focus on sustainable technologies, innovations in battery materials, and efforts to address environmental impacts, it’s a runway show of progress. Electric vehicles, renewable energy — it’s not just a trend; it’s a lifestyle.
Conclusion: Navigating the Graphite Maze
As we wrap up this graphite adventure, it’s clear that the graphite market is not just black and white; it’s a vibrant spectrum of opportunities and challenges. So, whether you’re a graphite enthusiast, an industry insider, or just someone looking for a thrilling read, the graphite market is the place to be — where carbon meets charisma.
About Us-
SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.
Contact Us-
SkyQuest Technology Consulting Pvt. Ltd.
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 617–230–0741
Email- [email protected]
Website: https://www.skyquestt.com
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Types of Graphite & Development in Graphite Mining
The demand for graphite will rise in tandem with the rise in demand for electric vehicles, computers, tablets, and cell phones. Find out more about it from graphite mining companies.
Many companies have jumped into the race to develop the next graphite mine in recent years. Improved batteries with increased storage capacity have become critical to global growth due to the rapid development of alternative energy sources for many applications. As a result, demand for lithium, cadmium, and graphite has increased; particularly for high purity, large-sized graphite flakes, which can command a significant premium in the current market.
Graphite is one of three types of elemental carbon, the others being coal and diamond. Because of its extreme softness and greasiness in its natural form, it has a black to steel grey colour and usually leaves a black streak on the hand when touched. Even the smallest particles are opaque.
Graphite Types
Graphite is one of the most thermodynamically stable allotropes of carbon. Graphite has been used by the top graphite mining companies in india because of these properties.
The graphite market includes detailed information on the sector's key players. Natural graphite and synthetic graphite are the two types of graphite. Other subcategories of natural graphite include flake graphite, amorphous graphite, and high crystalline graphite.
High Crystalline - Crystalline graphite has a purity of about 90% and ranges in size from 1 cm to 1 m in thickness. The crystalline graphite is derived from crude oil deposits that eventually turned into graphite. This is also known as vein graphite, lump graphite, or crystalline vein graphite, and it is currently only extracted in Sri Lanka. High crystalline graphite has a carbon content ranging from 90% to 99%. The viability of using this type of graphite in most industrial applications is limited due to its scarcity and high cost.
Amorphous- Despite being referred to as "amorphous," it is naturally crystalline. Of all the natural graphites, it contains very less amount of graphite.
Synthetic - Synthetic graphite is a manufactured product created by heating amorphous carbon materials to high temperatures. The primary feedstocks used in the production of synthetic graphite in the United States are calcined petroleum coke and coal tar pitch. As a result, it is up to ten times more expensive to produce than natural graphite, making it less appealing for use in most applications.
Flake: Flake is a common component of metamorphic rocks, ranging from 5% to 40%. Flake graphite can be found in a variety of locations.
The price of synthetic graphite is said to be volatile. Synthetic graphite electrodes were charged over 800% more. Its current high price is due to a scarcity of raw materials. Meteorologists use modern topographic survey tools to support environmentally sustainable mining. Furthermore, the Mine and Mineral Act establishes a simple, clear, and convenient method for allocating mining leases. Illegal mining carries a severe penalty, and any such actions are strongly condemned.
Conclusion
Abhinna Investment is now one of India's top graphite mining companies. So we concentrate on things like prospecting, mine design, and construction.
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Fashion in the time of COVID
WILL THE PANDEMIC LEAD TO A MORE ETHICAL, SUSTAINABLE INDUSTRY?
"We went way too far. Our reckless actions have burned the house we live in. We conceived of ourselves as separated from nature, we felt cunning and almighty. We usurped nature, we dominated and wounded it."
Alessandro Michele, Creative Director of Gucci
Gucci's creative director Alessandro Michele posted 1,200 words of poetic, impassioned diary excerpts on Instagram, making one thing abundantly clear, Gucci, and possibly the fashion industry as a whole would never be the same again.
The COVID-19 pandemic hit the fashion world hard, gravely impacting all of its global capitals. Even before the virus struck, the industry was ailing. What happens now that no one's compelled to dress up from the waist down? And with our precarious place in the world coming into sharp relief, shopping for season “must-haves” seemed not only frivolous but immoral.
In March, Vogue partnered with the Council of Fashion Designers of America to set up A Common Thread, a pandemic-relief initiative that has raised $4.9 million to date. By May, more than 1,000 companies applied for aid, with even the biggest names on the precipice of an uncertain future.
In the interest of damage control, there has been industry talk of pushing the unreleased 2020 collections to 2021. It's curious that this requires we literally disavow the concept of fashion itself; that amorphous behemoth that tells us whether midi skirts are in or out this season.
With no end in sight to this state of flux, could this be an opportunity for the industry to ask itself some serious existential questions?
THE PROBLEM WITH FASHION
"We didn't respect the planet until now and in a way this [pandemic] is a message and unfortunately it's a very, very heavy message. Change had to be done. Everyone thought that the change would happen gradually, but that's not the case. Change has to be done now, and done quickly."
Sara Maino, Deputy Editor in Chief of Vogue Italia
Before the fashion world spiralled out of control, you had four seasons in the four major fashion capitals - London, Paris, New York and Milan. But the emergence of fast fashion accelerated the situation to a dizzying degree. Brands were sucked into the vortex of insatiable consumer demand. The pressure on luxury and high-street alike to drop new trends at higher speeds and lower costs had designers in a hamster wheel trying to outpace the copycats. "We were out of breath", admits Gucci’s Alessandro Michele, referring to fashion's unrelenting schedule of up to eight collections per year.
In her book, 'Fashionopolis: The Price Of Fast Fashion And The Future Of Clothes', Dana Thomas takes an unflinching look at the catastrophic environmental and human cost of this obsession with newness. Fast fashion refers to the production of masses of cheap, trendy clothes at breakneck speeds. Thomas refers to this as "a dirty, unscrupulous business that exploited humans and Earth alike".
Fashion is one of our biggest global polluters, "responsible for nearly 20 per cent of all industrial pollution annually" and "10 per cent of the carbon emissions in our air". Deep down, we knew our clothes often were made by desperate people in unthinkably dire situations; how could we forget the Rana Plaza disaster in Bangladesh that took the lives of more than a thousand factory workers? Meanwhile, the COVID-19 pandemic has made the human cost of fast fashion devastatingly clear. Crowded, unhygienic environments coupled with exploitative employment and a shady supply chain left brands with no accountability and employees with no pay.
According to Thomas, we buy five times more clothes than the previous generation, with the average garment being worn only seven times before being thrown on the scrap heap. There's no escaping the pangs of guilt that many of us experience with these suspiciously cheap garments. However, there is also no denying that slow fashion can be prohibitively expensive.
Should caring about the environment be a privilege afforded only to the haves, with the blame being placed squarely on the have-nots? And should the onus fall on the consumer to fix the deep-seated problems in the fashion industry or should corporations take responsibility for their exploitative behaviour?
THE SEASON OF DISCONTENT
"At a certain level, most of us were forced to make what the industry told us to make, but it's already proven that the industry is broken. We will now concentrate more on making what we want to make and how we want to make it."
Sonia Carrasco, Fashion Designer and Brand Owner
There are calls for reform, with designer Dries Van Noten urging leading industry figures to sign an open letter setting out some demands. Van Noten wants to reduce the number of runway shows, and the preposterous volume of clothing produced, and sell collections in real-time. That is: bikinis in S/S and coats in A/W. Have you ever been shopping for summer staples, only to find all the season's rejects already relegated to the sales rack? Fashion moves at its own pace darling, a pace at odds with customers' needs. Van Noten says this is about making collections "more environmentally and socially sustainable" with a move towards sustainability throughout the supply chain with less product, less waste and less travel.
Not that Chanel is paying attention, taking customers and press to Capri for its Cruise 2021 pre-collection in June, in the midst of the COVID pandemic. The French fashion house is resolutely old guard, announcing it will stick to six shows: two ready-to-wear, two couture, as well as cruise and Métiers d'Art. Chanel is not alone, with Dior also showcasing its cruise collection physically in Southern Italy.
In response to COVID-19, the British Fashion Council and the Council of Fashion Designers of America released a joint statement, echoing many of Van Noten's concerns. It urges brands, designers and retailers to slow down, with appeals for changes that will benefit customers, improve the wellbeing of the industry and have a positive effect on the environment.
FASHION IN THE TIME OF PANDEMIC
"I try to ask myself what is the meaning of my actions. It's a vital and urgent questioning for me, which demands a careful pause and a delicate listening."
Alessandro Michele, Creative Director of Gucci
The big players in luxury fashion produce between six and eight collections per year, spending an eye-watering amount of money on each show. But is fashion week, with all its excesses and spectacles, gone for good?
The pandemic has led to a cascade of reflection and introspection, and fashion's big players were not unaffected. Saint Laurent announced plans to '"take control of its pace and reshape its schedule". Alessandro Michele has reduced the number of Gucci shows from five to two, nixing both seasons and gender. He writes: "I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call. We will meet just twice a year, to share the chapters of a new story".
After the cancelling of June's men's fashion week in Paris, Louis Vuitton disregarded both the industry's European home-base and its calendar, taking its latest men's show to Shanghai, a big change that signals a significant move towards a consumer-first approach. Which makes perfect sense with shoppers from Asia, the Middle East, Africa and Latin America accounting for the bulk of luxury sales. Is it time to admit that Eurocentric fashion shows are so last season?
Many brands have gone "phygital", which is the somewhat awkward portmanteau describing the hybrid of physical space and digital technologies. With Shanghai and Moscow both fully embracing digital for their fashion weeks in March and April, and Helsinki adopting a purely digital format with innovations such as 3D shows. If more fashion houses go off-piste with localised, digitally amplified events, this could be the death knell for fashion week as we know it.
Another big IRL fashion event on the calendar is the Met Gala, an annual fundraising gala for the Metropolitan Museum of Art's Costume Institute in New York City, and the most-watched fashion/society event of the year. It's usually an occasion for a (very) select few to dress-up in response to the year's theme, in a grand display of fashion as art, with the results ranging from the sublime to the ludicrous. This year it was postponed.
The show must go on, as they say, and it was a group of Gen-Z internet kids known as High Fashion Twitter (or 'hf twitter', because they're too cool for CAPS) hosting the biggest fashion party of the year. On May 4th, instead of the exclusive, highly branded, extremely profitable, marketing opportunity the Met Gala has become, hf twitter brought us an inclusive online celebration of self-expression and diversity. Whether dressing themselves, collaging or using other visual means, the guests shared their 'looks' on Twitter with the hashtag #HFMetGala2020, taking fashion out of the hands of the establishment, if only for a day.
High Fashion Twitter is a loosely structured mix of fashion fans and aficionados, who share inspiration and knowledge while being vocal about industry issues such as representation, sustainability and accountability. And for the event, they purposefully excluded any brands they deemed problematic, such as those known for cultural appropriation.
FASHION AND SOCIETY
"I understand that, for many, the purpose of a fashion magazine is about escapism, about providing beautiful images of beautiful people in beautiful clothes […] But there are moments when this feels weird. And this is one of those moments."
Emanuele Farneti, editor-in-chief of Vogue Italia
The effects of a global disaster of this magnitude amplified many social justice issues, notably resulting in the backlash over tone-deaf comments from fashion brands about the Black Lives Matter Movement, or their conspicuous, deafening silence. There was nowhere for the industry to hide.
While taking any political stance wasn't de rigueur for most major fashion houses, it's now not only accepted but expected to be in touch with issues facing the wider community. In fact, for some, this out-of-touchness is seen as impossibly callous in a world confronted by human tragedy and economic devastation.
There have been attempts to meet the moment, with efforts such as Vogue's new web series "Good Morning Vogue", fashion's self-proclaimed "wake up call". If the last decade has shifted the discourse around issues such as racism and climate change, then the global pandemic has accelerated it.
FASHION GOING FORWARD
"Through the creation of less product, with higher levels of creativity and quality, products will be valued and their shelf life will increase. The focus on creativity and quality of products, reduction in travel and focus on sustainability […] will increase the consumer's respect and ultimately their greater enjoyment in the products that we create."
The British Fashion Council
Driven by a new generation of socially and environmentally conscious consumers who care where the things they buy come from and where they'll end up, brands have upped their sustainability game. And with the threat of this pandemic acting as a call to action for the fashion industry to slow down and scale down before we find our selves facing a much bigger existential threat.
COVID-19 has caused a significant shift in the mindsets of both brand and consumer, teaching us all to slow down and reset. And should this pass, the things we learnt to value, such as our health, our freedom and hopefully our planet, may eclipse our desire for any conveyor belt of trends.
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TEPHRA POLYMERS BLACK PLASTIC DANA RAW MATERIALS MASTERBATCHES
The Optimal Balance of Black (Plastic Dana Raw Materials) Classifying the correct type of black, whether a specific carbon black, graphite, graphene or pigment dye, requires wide-ranging expertise. As well as supplying general-purpose black masterbatches, we have the technical competence to create specific functionality, such as UV protection or enhanced presence appliance, taking into account your particular requirements in terms of polymer type, and temporary dynamic or longstanding mechanical performance, for a wide range of applications.
Benefits & Technical Specifications of Black Masterbatches (Granules) in India
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We are manufacturing in providing a superlative spectrum of highly loaded Black masterbatches. By using varied types and grades of carbon, Tephra Polymers offer diverse grades of black masterbatches (Black Granules). black masterbatches Plastic dana play a role in such key markets as agricultural, packaging, electronics, textiles and nonwovens, wire & cable, automotive, and toys. Further, our R&D experts continuously inspect and update the existing variety, as per the changing trends in the market. Tephra Polymers plastic Dana raw material masterbatches (Granules) can extend the useful life of pipe, film, and other products by protecting against ultraviolet (UV) degradation of the underlying polymer Granules. We serve numerous industries, including automotive, infrastructure, agricultural, packaging, consumer goods, electronics, and more. Our next generation of black plastic dana raw material masterbatches (Granules) offers superior color, low odor, and strong mechanical strength.
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Carbon Black Market is Expected to Reach USD 27.21 Million Tonnes by 2030 at a CAGR of 4.82% | ChemAnalyst
According to ChemAnalyst report, "Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030". Carbon Black market observed a promising demand in the past five years and is predicted to reach 27.21 million tons by 2030, along with a healthy CAGR of 4.82% in the next ten years owing to their applications in automobile tires, industrial rubber products, Printing inks and toners, belts & hoses, Paints & coatings, and others
Explore full report with table of contents: https://www.chemanalyst.com/industry-report/carbon-black-market-440
Carbon Black is an intense black form of amorphous carbon produced by the partial combustion of hydrocarbons (petroleum products) such as coal tar, fluid catalytic cracking tar, ethylene cracking tar or plant-based feedstock. It is classified into Rubber Black and Specialty Black based on its type. Carbon Black is used prominently as a reinforcing agent in tires and other rubber products as it increases resistance to abrasion and wear and tear coupled with its use to make rubber tires electrically conducting to avoid creation of an electrostatic charge in vehicles. It is also used extensively as black pigment in printing ink, carbon paper and paint as it is strongly tinted, heat labile and suitable for film coating, protective coatings thereby, contributing to the growing demand of the chemical. Moreover, carbon black is an excellent absorber of UV rays therefore added to other materials for the prevention of ultraviolet degradation.
Request for a sample copy of this report: https://www.chemanalyst.com/ChemAnalyst/RequestForm
COVID-19 Impact:
In 2020, due to the outbreak of novel corona virus across the globe, nationwide lockdowns were imposed by the government to prevent the spread of the virus that resulted into the significant impact on various industries including the decline in the demand for Carbon Black globally due to major hit on automobile sector. Raw material scarcity and trade restrictions cause disruption in the production and the supply chain thereby a slump was observed in overall Carbon Black market across the nations in the first half of the 2020. However, after the upliftment of lockdown restrictions, all the downstream industries started functioning with their full efficacy coupled the surging demand from Printing industry helped to recover its market at a significant pace and is anticipated to propel the market for Carbon Black in the upcoming years. However, Carbon Black is a derivative of crude oil therefore, fluctuations in the prices of crude oil internationally would directly impact its price coupled with the emission of carbon dioxide during the production process are the major restraints in the market growth for Carbon Black.
Regional Outlook:
Regionally, Asia Pacific region is perceived to lead the global market for Carbon Black in the forecast period owing to the growing use of Carbon Black in end use industries such as automotive, paint and coatings. In Automotive industry, it is utilized for the synthesis of tire and other products which is directly going to impel the demand for Carbon black in the forecast period.
Moreover, manufacturers are investing and expanding their production capacities into the region specially in China, India, Bangladesh, Vietnam, Indonesia due to cheap labor costs and assistance from government; thereby, contributing to the dominant share of the region in the upcoming years. Europe and North America are also anticipated to show a promising growth in the forecast period.
Major Players:
BASF SE
Shandong Hongxin Chemical co. Ltd.
Stepan Company
Nan-Ya Plastics
Exxon Mobil Corporation
Aekyung Petrochemical
Polynt SPA
IG Petrochemicals
Asian Paints
Lanxess
Proviron Basic Chemicals
UPC Technology Corporation and Koppers Industries.
"Carbon Black is directly linked to Automotive and Plastics that are constantly growing sectors owing to the rising population and rapid industrialization, consequently driving the growth of Carbon Black industry. Its high demand from paints and coatings industry is likely to drive the market growth in the forthcoming years. Additionally, the rising focus of the automotive manufacturers towards the manufacturing of electric vehicles is expected to drive the demand for carbon black as it is a primary raw material in tire industry. With new competitors emerging across the Asian Carbon Black market, players are anticipated to be sufficient for fulfilling supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
About ChemAnalyst
ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.
The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.
Contact Us
Nilesh Vishwakarma
B-44 Sector-57 Noida, National Capital Region
Email: [email protected]
Phone No: (D) +91- 8882336899 | www.chemanalyst.com
#carbonblack#carbonblackmarket#carbonblackreport#carbonblackindustry#carbonblackmarketsize#carbonblackmarketshare#carbonblackmarketanalysis
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Global Natural & Synthetic Graphite Market Statistics, CAGR, Outlook, and Covid-19 Impact 2021-2025
Market Overview
The Global Natural & Synthetic Graphite Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the Natural & Synthetic Graphite market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2025.
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The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the Natural & Synthetic Graphite market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive Natural & Synthetic Graphite market framework and collates it with other alternative markets.
This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global Natural & Synthetic Graphite market as it arises from the COVID-19 closure.
Market Scope
The Natural & Synthetic Graphite Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold.
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Natural & Synthetic Graphite Market Research Report is Segmented as Follows:
Product Types can be segregated as:
Natural Graphite
Synthetic Graphite
Applications can be segregated as:
Amorphous Graphite
Flake Graphite
Crystalline Graphite
Regions covered in this report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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Global Natural & Synthetic Graphite Market Report provide in-depth information about the Leading Competitors involved in this report:
South Sea Graphite
Haida Graphite
BTR
Northeast Asia Mineral Resources
Aoyu Graphite Group
Xincheng New Material
Tiansheng Nonmetal Ind
Xinghe Graphite
Heijin Graphite
Yixiang Group
Jinhuafeng Graphite
Fangda Carbon
Fuda Graphite
Fenlu Graphite
Black Dragon Graphite
Huangyu Graphite
Puchen Graphite
Xincheng Graphite
Jinhui Graphite
Yanxin Graphite
Shida Carbo
Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the Natural & Synthetic Graphite industry.
Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry.
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Make use of the links between primary datasets for top-class strategy development.
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Graphite Market Share, Overview, Trends and COVID-19 Analysis, Forecast to 2023
Graphite Market Overview
The Global Graphite Market is mainly driven by the growing demand for graphite in metalworking, automotive, and construction industries and is likely to exhibit steady growth over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The report presents a detailed picture of the global graphite market, including an analysis of the historical growth trajectory of the market and projections for the future growth trajectory of the market.
Graphite is majorly used in steelmaking as part of the refractory lining. The increasing demand for steel around the world is likely to be a major driver for the graphite market over the forecast period. Steel has become vital over the last few years due to the growth of the construction industry, which has expanded rapidly in developing parts of the world such as Asia Pacific, the Middle East, and Latin America. The construction industry’s need for steel is likely to be a major driver for the global graphite market over the forecast period.
The growth of the automotive industry is likely to be a major driver for the global COVID-19 analysis on graphite market. Graphite is a valuable material for the automotive industry of the present as well as of the future. Graphite is used in various automotive designs as a weight-saving material, as it is light and fits in perfectly in several automotive applications as a lighter alternative to conventional materials. The increasing demand for lightweight automobiles has resulted in a growing demand from the graphite market from the automotive industry.
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Graphite Market Competitive Analysis:
Leading players in the global graphite market report include HEG Limited, Graphite India Limited, GrafTech International Ltd., Mersen S.A., SGL Carbon SE, NextSource Materials Inc., Focus Graphite Inc., Mason Graphite Inc., Hexagon Resources Limited, and Triton Minerals Limited.
Major players in the global graphite industry are expected to focus on capacity expansion in the coming years in order to maximize their revenue generation potential. In September 2019, Black Rock Mining announced that they were structurally ready to start construction of a new graphite mine in Tanzania. Efforts to maximize graphite extraction in developing parts of the world, where the graphite industry can make a significant difference to the national economy, are likely to remain popular in the global graphite market in the coming years. Acquisition and mergers are also likely to be key to players looking for inorganic growth through the acquisition of smaller players in the market.
Segmentation:
The global graphite industry future is segmented on the basis of form, application, and region.
By form, the global graphite market forecast is segmented into amorphous and synthetic.
On the basis of application, the amorphous segment is segmented into metallurgy, pencil making, refractories, coatings, and lubricants. The synthetic graphite segment is segmented by application into aerospace, batteries, carbon brushes, electrodes, and moderator rods. The synthetic graphite segment is likely to exhibit a steady growth in demand in the coming years due to the growing demand for synthetic graphite in high-tech innovations in various application areas. As far as amorphous graphite is concerned, metallurgy is likely to remain the leading application segment.
Regional Analysis:
Asia Pacific is expected to remain the dominant regional market for graphite over the forecast period due to the growing demand for graphite in metalworking and steelmaking applications in the region’s rapidly developing economies. North America is also likely to remain important to the global graphite market over the forecast period.
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The Benefits of Choosing Reliable ABS Recycled Pellets Manufacturer
Acrylonitrile Butadiene Styrene is an amorphous polymer and opaque thermoplastic. Being a black resin with a good surface finish and excellent dimensional stability, the ABS recycled pellets can withstand rough treatment and high impact loads. Its usage is ideal in places where toughness is a major requirement, such as in the office chair legs or vacuum cleaner housings.
Major User Benefits
ABS recycled pellet make way for multiple benefits for organizations across assorted industries. Here are the prominent ones:
Sustainably sourced
Post-consumer recycled material
Traceable origin
High quality
As good as virgin
Low carbon footprint
Why choosing a trusted manufacturer is important?
Singling out a trusted manufacturer or supplier is not just limited to saving money or receiving products of superior quality. You would also be contributing towards a better environment by reducing your carbon footprint. Thorough research is important when choosing manufacturers or suppliers as will have a major impact on your business. Mentioned below are few inevitable reasons to prefer a trustworthy and reliable ABS recycled pellets manufacturer.
1. Superior quality
The ABS recycled pellets are of superior quality and appear as good as the virgin product when it comes to finishing, price or dimensional stability. Choosing reliable manufacturer will leave you rest assured to receive end products created with stable blends and excellent quality. Manufacturers that follow strict business ethics would ensure careful pellet storing and drying process. You can also expect them to take care of shipping in a way to keep the moisture content low.
2. Stable pricing
Choosing a reliable ABS recycled pellets is crucial so that you don't bother about the supply or the pricing. Trusted manufacturers would have a continuous flow of stock so that their clients would never go disappointed. Additionally, the price of the pellets remains unaffected by the changes in the global oil market, which is an added advantage. Not only would you be saving money but also be contributing towards a better future by purchasing recycled pellets.
3. Environmental gains
Choosing ABS recycled pellets is a sensible decision of keeping a substantial amount of plastic out of the landfill. Environmentally conscious manufacturers employ a mechanical process, which as compared to the chemical process, uses less energy. The recycled pellet manufacturing companies prevent the release of a massive amount of carbon dioxide into the atmosphere thereby cutting down your carbon footprint.
4. Marketing edge for your Product
By choosing low-carbon and recycled products, you can turn your company in to a greener, environment conscious and sustainable company. At present, when pollution levels are unbelievable, this would give your brand an excellent chance to draw potential customers and make them choose you over your competitors who may still be using petrochemical feedstocks.
By establishing yourself as an eco-friendly brand, you can win the trust of customers who in turn can bring in more customers. People these days usually tend to incline more towards businesses that consciously put in a lot of effort into thinking about the environment. Hence, using ABS recycled pellets in the manufacturing of products would be an ideal move.
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Carbon Black Market (CAGR of 4.82 %) 2030: Global Industry Size, Share, Trends, Analysis Report | ChemAnalyst
According to ChemAnalyst report, “Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Carbon Black market observed a promising demand in the past five years and is predicted to reach 27.21 million tons by 2030, along with a healthy CAGR of 4.82% in the next ten years owing to their applications in automobile tires, industrial rubber products, Printing inks and toners, belts & hoses, Paints & coatings and others
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Carbon Black is an intense black form of amorphous carbon produced by the partial combustion of hydrocarbons (petroleum products) such as coal tar, fluid catalytic cracking tar, ethylene cracking tar or plant-based feedstock. It is classified into Rubber Black and Specialty Black based on its type. Carbon Black is used prominently as a reinforcing agent in tires and other rubber products as it increases resistance to abrasion and wear and tear coupled with its use to make rubber tires electrically conducting to avoid creation of an electrostatic charge in vehicles. It is also used extensively as black pigment in printing ink, carbon paper and paint as it is strongly tinted, heat labile and suitable for film coating, protective coatings thereby, contributing to the growing demand of the chemical. Moreover, carbon black is an excellent absorber of UV rays therefore added to other materials for the prevention of ultraviolet degradation.
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In 2020, due to the outbreak of novel corona virus across the globe, nationwide lockdowns were imposed by the government to prevent the spread of the virus that resulted into the significant impact on various industries including the decline in the demand for Carbon Black globally due to major hit on automobile sector. Raw material scarcity and trade restrictions cause disruption in the production and the supply chain thereby a slump was observed in overall Carbon Black market across the nations in the first half of the 2020. However, after the upliftment of lockdown restrictions, all the downstream industries started functioning with their full efficacy coupled the surging demand from Printing industry helped to recover its market at a significant pace and is anticipated to propel the market for Carbon Black in the upcoming years. However, Carbon Black is a derivative of crude oil therefore, fluctuations in the prices of crude oil internationally would directly impact its price coupled with the emission of carbon dioxide during the production process are the major restraints in the market growth for Carbon Black.
Regionally, Asia Pacific region is perceived to lead the global market for Carbon Black in the forecast period owing to the growing use of Carbon Black in end use industries such as automotive, paint and coatings. In Automotive industry, it is utilized for the synthesis of tire and other products which is directly going to impel the demand for Carbon black in the forecast period.
Moreover, manufacturers are investing and expanding their production capacities into the region specially in China, India, Bangladesh, Vietnam, Indonesia due to cheap labor costs and assistance from government; thereby, contributing to the dominant share of the region in the upcoming years. Europe and North America are also anticipated to show a promising growth in the forecast period.
According to ChemAnalyst report, “Carbon Black Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Carbon Black globally include BASF SE, Shandong Hongxin Chemical co. Ltd., Stepan Company, Nan-Ya Plastics, Exxon Mobil Corporation, Aekyung Petrochemical, Polynt SPA, IG Petrochemicals, Asian Paints, Lanxess, Proviron Basic Chemicals, UPC Technology Corporation and Koppers Industries.
“Carbon Black is directly linked to Automotive and Plastics that are constantly growing sectors owing to the rising population and rapid industrialization, consequently driving the growth of Carbon Black industry. Its high demand from paints and coatings industry is likely to drive the market growth in the forthcoming years. Additionally, the rising focus of the automotive manufacturers towards the manufacturing of electric vehicles is expected to drive the demand for carbon black as it is a primary raw material in tire industry. With new competitors emerging across the Asian Carbon Black market, players are anticipated to be sufficient for fulfilling supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
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Specialty Carbon Black Market Analysis: Plant capacity, Production, Operating Efficiency, Process, Demand & Supply, Type, Application, Sales Channel, Region, Competition, Trade, Customer, and Price Intelligence Market Analysis (2015-2030)
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EPDM Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030.
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Amorphous Graphite is very fine flake graphite. It has a soft black earthy appearance with crystal sizes of less than 40μm and a high ash content. Amorphous graphite is formed by the metamorphism of anthracite coal seams that may be hosted by quartzites, physllites, metagreywackes and metaconglomerates. It is primarily used for products. It is the least graphitic with the lowest carbon purity of the three graphite forms. The Asia-Pacific Amorphous Graphite market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Amorphous Graphite by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
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Graphite Market Share, Overview, Trends and COVID-19 Analysis, Forecast to 2023
Graphite Market Overview
The Global Graphite Market is mainly driven by the growing demand for graphite in metalworking, automotive, and construction industries and is likely to exhibit steady growth over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The report presents a detailed picture of the global graphite market, including an analysis of the historical growth trajectory of the market and projections for the future growth trajectory of the market.
Graphite is majorly used in steelmaking as part of the refractory lining. The increasing demand for steel around the world is likely to be a major driver for the graphite market over the forecast period. Steel has become vital over the last few years due to the growth of the construction industry, which has expanded rapidly in developing parts of the world such as Asia Pacific, the Middle East, and Latin America. The construction industry’s need for steel is likely to be a major driver for the global graphite market over the forecast period.
The growth of the automotive industry is likely to be a major driver for the global COVID-19 analysis on graphite market. Graphite is a valuable material for the automotive industry of the present as well as of the future. Graphite is used in various automotive designs as a weight-saving material, as it is light and fits in perfectly in several automotive applications as a lighter alternative to conventional materials. The increasing demand for lightweight automobiles has resulted in a growing demand from the graphite market from the automotive industry.
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Graphite Market Competitive Analysis:
Leading players in the global graphite market report include HEG Limited, Graphite India Limited, GrafTech International Ltd., Mersen S.A., SGL Carbon SE, NextSource Materials Inc., Focus Graphite Inc., Mason Graphite Inc., Hexagon Resources Limited, and Triton Minerals Limited.
Major players in the global graphite industry are expected to focus on capacity expansion in the coming years in order to maximize their revenue generation potential. In September 2019, Black Rock Mining announced that they were structurally ready to start construction of a new graphite mine in Tanzania. Efforts to maximize graphite extraction in developing parts of the world, where the graphite industry can make a significant difference to the national economy, are likely to remain popular in the global graphite market in the coming years. Acquisition and mergers are also likely to be key to players looking for inorganic growth through the acquisition of smaller players in the market.
Segmentation:
The global graphite industry future is segmented on the basis of form, application, and region.
By form, the global graphite market forecast is segmented into amorphous and synthetic.
On the basis of application, the amorphous segment is segmented into metallurgy, pencil making, refractories, coatings, and lubricants. The synthetic graphite segment is segmented by application into aerospace, batteries, carbon brushes, electrodes, and moderator rods. The synthetic graphite segment is likely to exhibit a steady growth in demand in the coming years due to the growing demand for synthetic graphite in high-tech innovations in various application areas. As far as amorphous graphite is concerned, metallurgy is likely to remain the leading application segment.
Regional Analysis:
Asia Pacific is expected to remain the dominant regional market for graphite over the forecast period due to the growing demand for graphite in metalworking and steelmaking applications in the region’s rapidly developing economies. North America is also likely to remain important to the global graphite market over the forecast period.
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Activated Charcoal Supplement Market Estimated to Expand at a Robust CAGR by 2027
Global Activated Charcoal Supplement Market: Overview
Activated charcoal is a fine black-colored powder sans any odor and it is quite often utilized in emergency rooms for the purpose of overdose of treatment. Production of activated charcoal involves the procedure of excessively heating various natural sources of carbon, such as coal, wood, and others. Activated charcoal helps in the prevention of toxin binds with the stomach so as to avoid its absorption. The product is usually administered through mouth for the purpose of treatment of poisonings. The product is also used for the purpose of treating hangovers, intestinal gas or flatulence, high cholesterol, and cholestasis at the time of pregnancy-related stomach upset. Multiple advantages offered by the product is estimated to amplify growth opportunities of the global activated charcoal supplement market in the years to come.
The development of the global activated charcoal supplement market is estimated to be shaped by the augmented use of charcoal supplements for various medical purposes. In a bid to treat food poisoning and oral overdose, capsules of activated charcoal are utilized extensively. Oral ingestion follows oral overdose. In addition to that, activated charcoal is also utilized as a part of bandage to heal wounds on skin. It is a highly porous substance and quite absorptive and it comes with a large surface area and amorphous structure. Growing significance in the medical uses is estimated to propel growth of the global activated charcoal supplement market in the forthcoming years.
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Product and region are the two important parameters based on which the global activated charcoal supplement market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global activated charcoal supplement market.
Global Activated Charcoal Supplement Market: Notable Developments
One of the developments that offer a glimpse of the market dynamics about the global activated charcoal supplement market is mentioned below:
In June 2017, a retail investment fund, L1 Retail made an acquisition of UK-based health food shops, Holland and Barrett. The latter is one of the leading health food chains in Europe with outlets located at more 1150 locations. This strategic move is estimated to widen the reach of L1 Retail across Europe and diversify its product portfolio.
Some of the prominent organizations in the global activated charcoal supplement market include the below-mentioned:
Holland and Barrett
Jacobi Carbons AB
Ascenta Health Ltd (Ascenta Health Ltd)
CarboTech AC GmbH
Schizandu Organics
Simply Suplements
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Global Activated Charcoal Supplement Market: Key Trends
The global activated charcoal supplement market is characterized by the presence of the following restraints, drivers, and opportunities.
Demand to Rise on the Back of Increased Use in the Medical Industry
The growth of the global activated charcoal supplement market gathered momentum owing to its increased use for various medical purposes. The activated charcoal supplements are widely utilized in the incidences of food poisonings and oral overdose.
Activated charcoal supplements are likely to help in reducing the quantity of blood levels of urea and waste products in patients with advanced stage kidney-related illness. Activated charcoal supplements are made in two different forms, namely pill forms and powder forms. When the supplement needs to be consumed in its powder form, it has to be mixed with water or any non-acidic juice. Rising demand for the product from health sector is likely to encourage growth of the global activated charcoal supplement market over the period of assessment.
Global Activated Charcoal Supplement Market: Geographical Analysis
Latin America is estimated to emerge as one of the prominent territories in the global activated charcoal supplement market. The region is expected to retain its market dominance due to growing incidences of diarrhea in young adults and children alike. The Latin America activated charcoal supplement market is further likely to be bolstered by the increasing inclination of people to explore healthier yet alternative options as opposed to the available conventional medicines.
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Specialty Elastomer Market Revenue - Analysis, Insights, Overview, Top Company Players and Forecast 2025
Global Top 10 Key Players:
The prominent players in the Global Specialty Elastomer Market Revenue are BASF SE (Germany), The DOW Chemical Company (U.S.), JSR Corporation (Japan), LG Chem. (South Korea), LANXESS AG (Germany), Zeon Corporation (Japan), KURARAY CO., LTD. (Japan), Covestro AG (Germany), Teknor Apex (U.S.), and Exxon Mobil Corporation (U.S.), among others.
Segmentation:
Global Specialty Elastomer Market is segmented on the basis of Product, Application and Region.
Based on basis of Product, the market is characterized into thermoplastic elastomers (TPE) (thermoplastic olefin (TPO), thermoplastic polyurethane (TPU), thermoplastic vulcunizate (TPV), styrene block copolymer (SBC), and others) and thermosetting elastomer (TSE) (styrene butadiene rubber (SBR), butyl rubber, polybutadiene rubber (PBR), nitrile rubber, ethylene propylene rubber (EPM), and others).
On the basis of Application, the market is segmented into automotive, medical, consumer goods, building & construction, electrical & electronics, industrial, and others.
Geographically, the Global Specialty Elastomer Market is spanned across Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. Among these, Asia Pacific is holding a major share of the market.
Industry Analysis:
Elastomers are the Polymers that shows rubber-like elasticity such viscosity and elasticity; it has low Young’s modulus and high failure strain compared to other materials. Apart from these properties, Specialty Elastomers are resistance to chemical and high temperature; they have high tensile strength with low shrinkage and better design flexibility. They are an amorphous polymer existing above the glass transition temperature, which facilitates its considerable segmental motion. The Specialty Elastomers are primarily used in sealants, adhesives, and molded flexible parts of different objects. Elastomers are used in numerous applications and they also cover diverse segments such as tires, automotive, medical, electronic equipment, construction, consumer goods, and footwear making, among others.
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Since Specialty Elastomers are majorly used in almost all emerging industries such as automotive, construction and electronics, their demand is likely to increase in the coming years. From the past few years, the Global Elastomer Market has been growing at higher rate due to its greater adaptability in wide range of applications and recyclability, which favors sustainability principle. The Global Elastomer Market, wherein specialty elastomer holds significant share, is expected to grow at a considerable CAGR of ~5% during the forecast period, which is projected to fuel demand for Specialty Elastomer in the coming years. Numerous construction activities around the world is driving the demand for the product and growing application in the manufacturing of rigid foams is expected to help the Specialty Elastomer Market to grow further. Increasing demand for durable and impact resistant materials in the automotive and electronic applications is the key drivers of the Global Specialty Elastomer Market during the review period. Medical is an emerging segment of the Global Specialty Elastomer Market with increasing use of the product in safety equipment and protective gloves.
However, some concerns such as the strong competition from green or biodegradable elastomers, volatility in the prices of raw materials of Specialty Elastomers, and increasing research in the field of development of eco-friendly and innovative products by the leading players may hamper the market growth over the given period. Nevertheless, the cost-effectiveness of the specialty may keep the demand for Specialty Elastomer up and likely to help for propelling the market growth during the forecast period.
Regional Analysis:
Asia Pacific is the largest and the fastest growing region in the Global Specialty Elastomer Market. It accounted for over 45% share of the global market in 2016. The region has undertaken expansion of its infrastructural projects and mulling to revive the footwear making industry, which is anticipated to fuel the demand for Specialty Elastomer in this region. Additionally, constantly rising automotive industry and electronic industry in this region is projected to favor the growth of the regional market in the forecast period.North America is following Asia Pacific to be the second most significant region in the Global Specialty Elastomer Market.
Growing end users in various applications such as automotive sector, reconstruction activities, and emerging use of specialty elastomer is the major factors driving the growth of regional Specialty Elastomer Market.Europe is another substantial region in the Global Specialty Elastomer Market. The automobile industry in this region drives the demand for the elastomers.Middle East & Africa is estimated to grow at a considerable CAGR owing to high investment potential and growing end user industries such as construction and sports. Latin America holds least share of the Global Specialty Elastomer Market.
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Styrene Butadiene Styrene Market Size 2020 COVID-19 Analysis, Growth, Regional Forecast to 2023
Market Overview
Acrylonitrile Butadiene Styrene or ABS is a thermoplastic resin, which is commonly used in injection molding applications. It is available in the form of amorphous powder. This product is derived from butadiene, acrylonitrile, and styrene, which result into the formation of shiny, glossy yet tough, and durable plastic called acrylonitrile butadiene styrene. It is one of the finest polymers in styrenic family due to some important characteristic features such as greater hardness, toughness, good chemical resistance, and better stability. The global acrylonitrile butadiene styrene is primarily driven by the rapidly growing construction activities, increasing urbanization, and industrialization around the world. Additionally, increasing standards of living and disposable income of people, especially in developing countries incentivizing them to invest more in high end construction and home decorative activities. However, the major factor, which may restrain the growth of the market during the review period is fluctuating prices of this product on the backdrop of limited supply of raw material as compared to the demand for the product.
Segmental Analysis
The Global Acrylonitrile Butadiene Styrene Market Size has been segmented on the basis of application, and region.
Based on the application, the global acrylonitrile butadiene styrene market is categorized into, electrical & electronics, automotive, building & construction, consumer goods, sports equipment, musical instruments, and others. Among these applications, the appliances application segment is estimated to dominate the market and is projected to reach a double digit USD billion figure by the end of 2023. As of 2016, the appliances segment held over 30% share of the market. This is attributed to changing lifestyle of the people, which demands more luxury and expedite process. The major appliances include in this segment are primarily belongs to the household applications such as dryer, microwave oven, television sets, and washing machines. Increasing disposable income and rising standard of the living of the people in emerging economies is one of the prominent factors driving growth of this segment in the global acrylonitrile butadiene styrene market.
Competitive Analysis
Major Key Players
LG Chem
INEOS Styrolution
Trinseo
KUMHO PETROCHEMICA
Formosa Chemicals & Fibre Corp
SABIC
BASF SE
TORAY INDUSTRIES INC.
Mitsui Chemicals Inc.
Ravago Americas
Regional Analysis
The Global Acrylonitrile Butadiene Styrene Market is spanned across five major regions: Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Among these regions, Asia Pacific is the leading the global acrylonitrile butadiene styrene market on account of owing to the increasing government spending on development of physical infrastructure, steady growth of automotive and consumer goods industry. South Korea, Japan, China and India, China are leading the growth trajectory of the regional market. North America is following Asia Pacific in terms of the market size. It is the second most substantial region in the global acrylonitrile butadiene styrene market. In this region, the U.S. is the largest market owing to the presence of major market players and leading end users such as automotive and electronics. Europe is another important region in the global acrylonitrile butadiene styrene market.
The major contributors to this market are Germany, the U.K., Italy, Spain and France. The steady revival of emerging economies namely Brazil, Venezuela, Colombia, and Argentina in Latin America due to pacifying political and economic condition is expected to fuel growth of the regional market. Lastly, the Middle East & Africa has a huge growth potential in this market, offered by the building and construction industry on the backdrop of growing tourism industry.
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