Acetylene Black Market Size, Share, Growth, and Industry Analysis, By Type (Acetylene Black Powder, Acetylene Black Granular), By Application (Batteries, Rubber and Tire, Conductive Materials and Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Acetylene Black Market REPORT OVERVIEW

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The global acetylene black market size is estimated to be USD in 266.7 million in 2022 and market is projected to touch USD 348.03 million by 2031, exhibiting a compound annual growth rate (CAGR) of 3.0% during the forecast period.

Acetylene black is a type of carbon black created by the oxygen-free, self-heating pyrolysis of acetylene gas. As a result, it is very pure, has very little hydrogen as functional groups or undecomposed residual materials, and does not have any functional groups that contain oxygen. It has a longer chain structure, more substantial crystallites, and fewer impurities than other carbon blacks. High electrical and thermal conductivity, low moisture absorption, and high liquid absorption are the results of these special qualities.

It is generally utilised in applications like dry cells that call for high electrical conductivity. Additionally, it is utilised in paint gloss-suppressing agents, rubber fillers, and printing inks. The gas-phase synthesis of nanocarbon materials by rapid dynamic disintegration of over compressed acetylene and the synthesis of carbon black from liquid hydrocarbons, which includes their axial feeding with two coaxial flows of the oxygen, are new methods for producing acetylene carbon black. Since acetylene is difficult to make explode, there is no risk when using it. However, a carbon black/air mixture can explode during specific test methods.

Acetylene black, channel black, furnace black, lamp black, and thermal black are a few of the subtypes of carbon black. The manufacture of this substance can benefit from the heavy petroleum products. FCC tar, coal tar, ethylene cracking tar and others are a few examples. But this substance must not be confused with soot.

COVID-19 Impact: Disrupted Supply Chain to Impede Market Growth

City-wide lockdowns and transport network failures brought on by the COVID-19 epidemic and the rising numbers of sick had a catastrophic impact on the world, harming the worldwide economy. Manufacturing activities and supply chains for chemicals and commodities were expected to be seriously impacted in the days and weeks to come. Transportation had ceased as a result of the lockdown in many cities and nations. There were tens of thousands of chemical enterprises that had temporarily closed their doors or were about to do so. Companies that rely heavily on manufacturing in for raw materials, components, or finished items will be most affected. Several businesses have employed supply chain techniques in the last few years to lower manufacturing costs such as offshore production, outsourcing, and lean manufacturing. However, the COVID-19 outbreak has severely disrupted the world's supply networks.

LATEST TRENDS

"Growing Application of Tires and Industrial Rubber Products to Propel Market Growth"

Due to its influence on the mechanical and dynamic features of tyres, carbon black is one of the reinforcements that is regularly employed in the tyre business. Automotive cars' tyres contain carbon black. It serves as a strengthening reinforcement agent as well as a filler. It is used into a variety of rubber formulations to alter the performance characteristics of tyres. It is used into a variety of rubber formulations to alter the performance characteristics of tyres.

Acetylene Black Market SEGMENTATION

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• By Type

Based on type; the market is divided into acetylene powder and acetylene granular.

In terms of product, acetylene black powder is the largest segment.

• By Application

Based on application; the market is divided into batteries, rubber and tire, conductive materials and others.

In terms of application, batteries segment is the largest segment.

DRIVING FACTORS

"Growing Applications in Fiber and Textile Industries to Stir Market Growth"

The use of acetylene as a colouring agent in the textile industry is growing. The carbon black market for textile fibres is still in its infancy but is predicted to grow rapidly in the upcoming years. Over the projection period, rising demand for synthetic textiles due to falling cotton production is anticipated to fuel this need. High colour fastness and uniform properties are provided by acetylene for fibres. Demand for carbon black is anticipated to increase because to the growing relevance of high tensile strength, little colour migration, and low environmental effect in the production of textile fibres. This is anticipated to drive acetylene black market growth.

"Rise in Automotive Industry Expected to Enhance the Market"

Acetylene is in higher demand in the automobile industry as well as other high-performance coating industries like the marine, aerospace, and industrial sectors as a result of the refurbishment trend. A surge in automotive renovations has been noted in the market, and this is anticipated to increase demand for carbon black.

RESTRAINING FACTORS

"Harmful Effects of Long Exposure of Acetyene to Hamper Market Growth"

Lung illness is the result of acetylene exposure that is most likely to occur. Particles of acetylene might irritate the lungs and make you cough. Additionally, it can irritate the throat, nose, and eyes. Particles of carbon black may become deeply embedded in people's lungs after years of exposure to high amounts of the substance. This factor is anticipated to constrain acetylene black market growth.

Acetylene Black Market REGIONAL INSIGHTS

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"North America to Dominate Market Due to High Consumption of Carbon Black"

Over the course of the projected period, Asia Pacific is anticipated to maintain its leadership in the global acetylene black market share. China, India, Indonesia, Vietnam, and other growing economies can be found in the region. The demand for acetylene and its products, such dry cells, electric power cables, silicon products, and others, has increased in this region as a result of rising living standards and population growth. As a result, there is a significant demand for carbon black, which is predominantly derived from bauxite mining activities in China and India.

KEY INDUSTRY PLAYERS

"Technological Advancements in Companies to Promote Market Growth"

Information on the Most Successful Strategies Used by Industry Players Understanding current acetylene black market dynamics, the supply-demand imbalance, pricing trends, product preferences, and customer behaviour is made easier thanks to the study. Through a variety of market estimation and data validation procedures, the data is further collated and validated. This paper describes every innovative strategy used by leading businesses and offers light on recent technical developments.

List of Market Players Profiled

• Denka (Japan)
• Hexing Chemical (China)
• Ebory Chemical (Malaysia)
• Xuguang Chemical (China)
• Jinhua Chemical (China)
• Zhengning New Material (China)
• Xinglongtai Chemical (China)
• Orion (Finland)
• Soltex (U.S.)
• Sun Petrochemicals (India)

REPORT COVERAGE

The COVID-19 pandemic's effects on the acetylene black market are discussed in a chapter of the report. The analysis offers in-depth insights on the market's drivers, restraints, opportunities, and threats. This study explains market entry tactics and corporate growth techniques. To understand the major market drivers and entry barriers, a sector analysis was also done for the study. The study also makes recommendations for how companies should fortify their market positions in light of material changes in the market dynamics. The research also examines geographical trends, end-use categories, market segments, and market size and share. It emphasises how crucial it is to outline a thorough regional study.