Carbon black is a paracrystalline carbon that contains 95%
pure carbon and is used in manufacturing tires, plastics, toners, printing
inks, and rubber goods. It is mostly used in insulating wires and cables
because of its property to absorb UV rays and convert them into heat. It provides
strength to industrial rubber compounds and other products; hence it is highly
demanded in the manufacturing industry. By process, it is classified as furnace
black, channel black, acetylene black and lampblack. Acetylene back is a
conductive carbon black, formed by the thermal decomposition of acetylene gas.
It shows higher absorption and excellent electrical and thermal conductivity
values, thus, it’s widely used in batteries, semiconductive rubber, and polymer
compounds.
Due to a surge in its demand over the last few years as new
processes were developed for converting it into useful plastics and chemicals,
new players were also introduced in the global market. According to the study ”Global
Acetylene Carbon Black Market Status (2015-2019) and Forecast (2020-2024) by
Region, Product Type & End-Use” the major players in the acetylene
carbon black market are Orion Engineered
Carbons S.A, Cabot Corporation, Birla Carbon, Denka Company Limited, Phillips
Carbon Black Limited, Mitsubishi Chemical Corporation, Tokai Carbon Co. Ltd,
China Synthetic Rubber Corporation, Imerys SA, Shandong Huibaichuan New
Materials, Shanxi Fulihua Chemical Materials, Beilum Carbon Chemical Limited,
Shandong Emperor-Taishan Carbon, Zaozhuang Xinyuan Chemical Industry and Sid
Richardson Carbon & Energy. A few of these dominating companies are
investing heavily in R&D activities, employee strength, and geographical
presence.
Based on the application, it is used in plastics, printing
inks & toners, paints coatings, and others. Due to its high conductivity,
it is widely used in batteries, solar panels, conductive coatings, conductive
plastic, and rubber products. The soaring demand for acetylene black in paints
& coatings and inks is predicted to foster the growth of the market. In the
production of rubber compound elements, carbon black is integrated with
synthetic and natural elastomers and heated for the production of several types
of rubber products. Naturally, owing to its properties, the demand for
acetylene black is high from the rubber industry and is also one of the biggest
driving factors for the boom in its global market.
Based on product type, acetylene carbon is produced by two
processes, which are Calcium Carbide Method and Naphtha Pyrolysis Calcium
carbide is a method of rapidly determining the water content from the gas
pressure developed by the reaction of calcium carbide with the free water of
the soil. Whereas pyrolysis is a process of chemically decomposing naphtha at
elevated temperatures in the absence of oxygen. The use of acetylene is
expected to increase at a gradual pace in the future as new applications are
developed. One new application is its conversion into ethylene which can be
used in the manufacture of various polyethylene plastics.
Based on geography, it is gaining importance in
Asia-Pacific construction engineering due to its high tensile strength, high
stiffness, high-temperature tolerance, low weight, and low thermal expansion.
The Asia- Pacific region is expected to make a higher investment in the infrastructure,
and it would result in propelling the demand for acetylene carbon black in the
coming years. Stringent environmental policies in the North American and
European regions might have an adverse effect; however, the automotive sector
is expected to rise which will fuel the demand for carbon acetylene black. High
economic growth along with rapid industrialization and urbanization in the
emerging regions is expected to boost the growth of the global market for the
acetylene carbon black market.
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