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Production Of Carbon Black | |
| Production of Carbon Black. Profitable Opportunities in Carbon Black Business. Carbon black is a generic term for a particulate form of elemental carbon manufactured by the gas-phase pyrolysis and partial combustion of hydrocarbons. Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Its physical appearance is that of a black, finely divided pellet or powder. Carbon black is not soot or black carbon, which are the two most common, generic terms applied to various unwanted carbonaceous by-products resulting from the incomplete combustion of carbon-containing materials, such as oil, fuel oils or gasoline, coal, paper, rubber, plastics and waste material. Soot and black carbon also contain large quantities of dichloromethane- and toluene extractable materials, and can exhibit an ash content of 50% or more. In most furnace reactors, the reaction rate is controlled by steam or water sprays. The carbon black produced is conveyed through the reactor, cooled, and collected in bag filters in a continuous process. Residual gas, or tail gas, from a furnace reactor includes a variety of gases such as carbon monoxide and hydrogen. Most furnace black plants use a portion of this residual gas to produce heat, steam, or electric power. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Market Outlook The demand for carbon black in India stood at 984.63 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 1853.84 thousand tonnes by 2030. Growth in the Indian packaging industry has increased the demand for carbon black in food packaging, industrial film, lamination and carrier bags and high-quality protective packaging applications. Furthermore, the Indian government's mission to make India a 100% electric vehicle nation by 2030 under the new National Electric Mobility Mission Plan is expected to push the demand for automobiles in the coming years. This demand in turn would aid growth in ancillary industries such as tire industry, which use carbon black as their primary raw material. Moreover, the demand for industrial rubber such as in conveyor belts and hoses is anticipated to positively influence the demand for carbon black in India during 2019-2030. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products. The Indian carbon black market will intensify as the market comprises a small number of players and the growth is very high, which supplements rivalry. Also, there is possible threat of backward integration by tyre and automobile manufacturers which could diversify into carbon black manufacturing in near future. The rising imports from China also pose a big threat before the Indian manufacturers which could cause disruption of domestic industry. The growing automotive industry is one of the key factors driving the market growth. Carbon black is extensively used in the inner liners, sidewalls and treads of tires as it increases their strength and longevity. It is also applied in various extruded and molded industrial rubber products such as air springs, belts, hoses, gaskets and types of conveyor wheels and grommets. Furthermore, the flourishing construction and manufacturing sectors are also driving the market growth. These sectors extensively utilize industrial rubber and other related equipment in which carbon black forms an integral part. Moreover, in the paints and coatings industry it is used in jet black paints which act as a protective coating to various products. There has been an increase in the demand for carbon black in the construction industry. The global carbon black market to reach a value of US$ 14.5 Billion by 2024 registering a CAGR of around 3.6% during 2019-2024. The growing automotive industry is one of the key factors driving the market growth. Carbon black is extensively used in the inner liners, sidewalls and treads of tires as it increases their strength and longevity. It is also applied in various extruded and molded industrial rubber products such as air springs, belts, hoses, gaskets and types of conveyor wheels and grommets. Furthermore, the flourishing construction and manufacturing sectors are also driving the market growth. Increasing demand for specialty carbon black has prompted leading carbon black manufacturers to either increase their production capacity in the segment or convert the production line for standard carbon black to specialty carbon black. Increasing investment in tyre industry coupled with rising demand for specialty products is anticipated to propel growth in global carbon black market. Carbon black is one of the (reinforces) that frequently used in tire industry owing to its effect on mechanical and dynamic properties of tires. It is used in various formulations with different rubber types to customize the performance properties of tires. It is used in various formulations with different rubber types to customize the performance properties of tires. Growth in the adoption of electric cars and self-driving cars is likely to act as an opportunity in the future. The market across the globe with the largest consumption from the countries such as China and India. Key players ? Phillips Carbon Black Limited, ? SKI Carbon Black India Private Limited, ? Continental Carbon India Limited, ? Ralson Carbon Black Limited, ? Birla Carbon ? Orion Engineered Carbon ? Cabot Corporation ? Jiangxi Black Cat Carbon Black Co. Ltd ? Aditya Birla Group, ? Omsktechuglerod OOO, ? OCI Company Ltd., ? China Synthetic Rubber Corporation (CSRC), ? Orion Engineered Carbons GmbH, ? Sid Richardson Carbon Co., ? Shandong Huadong Rubber Materials Co., Ltd. ? 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| Return: 1.00% | Break even: N/A |
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