HomeBUSINESSCarbon Black Prices, Trends & Forecasts | Provided by Procurement Resource

Carbon Black Prices, Trends & Forecasts | Provided by Procurement Resource

Carbon Black is an amorphous compound that belongs to the carbon family. It is light in weight and dark black. It has a high surface-area-volume ratio which makes it very durable. The thermal decomposition of petroleum products like coal tar prepares it. Being a petroleum-based chemical, it is insoluble in water. It exists in Paracrystalline form, mainly in a fine-powdered state. Carbon Black is tasteless and has high melting and boiling points, measuring around 3550° C and 600° C, respectively. An explosive substance reacts when it encounters oxidizing agents such as chlorates and nitrates.

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The key importing countries for Carbon Black are Vietnam, India, and Peru. On the other hand, the primary exporting countries include China, South Korea, and Thailand.

Key Details About the Carbon Black Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Carbon Black price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Carbon Black Price chart, including India Carbon Black price, USA Carbon Black price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Carbon Black Price Trend:

Carbon Black can provide high electrical conductivity used in energy production. It is mixed with polypropylene to prevent it from degradation. It is used as a coloring and tinting material in products like paints, printing inks, etc., to provide more efficiency against heat, temperature, and light.

Additionally, Carbon Black extracted from vegetables is used for food coloring and as a filler in making plastics, adhesives, and films. The compound is used as a UV stabilizer, an agent to strengthen tires and coating material for several products.

Key Players:

  • Orion Engineered Carbon
  • Birla Carbon
  • Phillips Carbon Black Limited
  • Mitsubishi Chemical Corporation
  • Shandong Huadong Rubber Types Co., Ltd
  • Abu Dhabi National Oil Company (ADNOC)

News & Recent Development

  • Date: April 14, 2023– Phillips Carbon Black Limited commissions a production plant in the Tamil Nadu region, which costs around 650 Crore rupees, and projects a production of about 147,000 tonnes of Carbon Black.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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