Europe Carbon Black Market Outlook - Industry Statistics Analysis By 2027

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Europe Carbon Black Market 2022 Industry Trends
Growth Dynamics To 2027
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• Europe Carbon Black Market size is projected to
  cross USD 4.56 Bn by 2027. One of the primary
  factors driving Europe carbon black market
  forecast is the rising product use in tire
  manufacturing. The automobile sector is critical
  to the prosperity of Europes economy. The EU is
  one of the world's major makers of automobiles,
  with the sector seeing some of the greatest
  private investments in RD. As a result, the
  expansion of the vehicle production and the high
  rate of tire replacement in Europe have aided the
  development of the carbon black market.
• The furnace black method produces a significant
  volume of the carbon black utilized in Europe.
  Because of its high yield rates, this technique
  is suited for mass manufacturing. Europe carbon
  black industry share from the furnace black
  segment is expected to grow at a 6 CAGR through
  2027. This process produces the subtance by
  partly combusting petroleum or coal oil as a raw
  material in high-temperature gases.
• Important facts delineating Europe carbon black
  industry outlook
• The most common application for rubbers is in
  automobile tires. More than half of all rubber
  produced is utilized directly in liners, inner
  tubes, and tires. Carbon black is among the most
  extensively utilized and cost-effective
  reinforcing material.
• Carbon black is significant in enhancing tire
  performance characteristics. It prevents
  electrostatic charging and helps to transfer heat
  away from the hot sections on the tire,
  particularly in the tread and belt sections. This
  minimizes tire heat damage and increases tire
  longevity.

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• The total Europe carbon black market size is
  projected to be valued at USD 4.56 billion by
  2027. Cabot Corporation, Birla Carbon,
  Continental Carbon Company, Carbon Black Kft,
  Orion Engineered Carbons S.A., Bridgestone Corp.,
  Phillips Carbon Black Limited, and Tokai Carbon
  Limited are among the leading manufacturers and
  suppliers in Europe.
• Europe carbon black industry size from the N550
  grade segment is predicted to expand at 5.9 CAGR
  over 2021-2027. N550 grade carbon black is mostly
  utilized in the production of tires and rubber
  goods. The furnace black derived from petroleum
  is classed as the seven most prevalent grades.
  Lower grades are in higher demand than grades
  above N550 because they offer a broader variety
  of uses and lower costs.
• Carbon black has been used as a dark pigment in
  inks paints for a long time. By 2027, Europe
  carbon black market share from the printing
  segment is expected to amount more than USD 115
  million. The majority of the furnace black
  produced substance used in printing is for
  newspaper inks, with the remainder used for
  letterpress, offset printing, flexographic, and
  other inks.
• Carbon black outperforms many other coloring and
  tinting materials in terms of efficiency, as well
  as resistance to light, temperature, and a
  variety of chemical compounds. The rising need
  for advertising materials in the food, retail,
  electronics, and beverage industries is pushing
  Europe carbon black industry forecast. With the
  advancing role of the compound in tire
  manufacturing, printing, and other sectors, the
  industry is poised to experience excellent
  prospects over the next six years.

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Segments of Europe Carbon Black Market

• Europe Market, By Process
• Furnace Black
• Thermal Black
• Acetylene Black
• Lamp Black
• Channel Black
• Europe Market, By Grade
• N-550
• N-660
• N-762
• N-772
• N-774
• N-990
• N-991

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