UNITED KINGDOM CARBON BLACK MARKET FORECAST 2023-2030

The United Kingdom carbon black market is estimated to be valued at $259.86 million in revenue by 2030, surging with a 4.43% CAGR during the assessment period, 2023-2030.

The United Kingdom faced a substantial challenge in 2020 due to the COVID-19 pandemic. Following the financial crisis the same year, the country’s economy has numerous prospects for increased economic autonomy in the post-Brexit era. The economy could witness significant improvements in index indicator ratings for tax burden, government expenditure, labor freedom, and trade freedom if freed from the limitations imposed by the EU bureaucracy.

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In October 2021, a Norwegian government-backed energy start-up announced its intention to establish its first United Kingdom plant at the Port of Sunderland. The company has landed a profitable 10-year supply agreement with energy giant Vitol. Upon full operation, the facility will recycle end-of-life tires produced locally and transform them into valuable commodities, such as liquid hydrocarbons and carbon black, which can be repurposed in various processes, such as alternative fuel or ground rubber production. The country provides a base for four tire manufacturers (Michelin, Dunlop, Pirelli, and Cooper Tires) and eight manufacturing facilities.

The construction industry is a significant end-user of the carbon black market in the country, particularly in the creation of coatings. The government has planned to allocate between 1% and 2% of its GDP to infrastructure investment between 2020 and 2050 through the National Productivity Investment Fund (NPIF) to enhance infrastructure across the country. Additionally, the government’s investment of GBP 100 billion in large-scale housing and regeneration projects, along with critical social infrastructure such as schools, hospitals, and prisons, is expected to increase demand for coatings.

The United Kingdom carbon black market evaluation includes segmentation by application and process type. Market by process type covers gas black, thermal black, lamp black and furnace black.

The gas black process utilizes oil as a feedstock instead of natural gas to produce carbon black with primary particle sizes ranging from 10 nm to 30 nm. While the gas black process has limited flexibility in defining structure, it offers a loose structure and exceptional dispersibility, which is not considered a disadvantage.

Gas black is utilized as an excellent rubber reinforcement in tires. The increasing replacement of tires is expected to drive the gas black segment during the forecast period. In the plastics industry, gas black is used in various applications, such as pipes, containers, conductive packaging, films, agriculture mulch films, fibers, moldings, stretch wraps, and thermoplastic molding for household appliances, automotive structures, blow-molded containers, and electrical & electronic products. Furthermore, the growing plastic production is expected to fuel segment growth during the forecast period.

On the other hand, lamp black is a carbon black obtained through the imperfect combustion of highly carbonaceous substances, such as burned fat, oil, tar, or resin. The lamp black apparatus comprises a cast-iron pan that holds the liquid feedstock, surmounted by a fireproof flue hood lined with refractory bricks. The vacuum in the system and the air gap between the pan and the hood regulate the air supply and enable the manufacturer to fine-tune carbon black’s properties. However, the radiated heat from the hood causes the raw material to vaporize and partially combust, leading to most of it being converted to carbon black.

Leading players in the United Kingdom carbon black market are Aditya Birla Group, Orion Engineered Carbons SA, Imerys Graphite & Carbon, etc.

Orion Engineered Carbons SA is a leading global manufacturer of high-quality carbon black products. The company’s operations are divided into two primary business segments: Specialty Carbon Black and Rubber Carbon Black. Within its Specialty Carbon Black segment, Orion offers a range of carbon black products tailored to the specific needs of industries such as coatings, polymers, printing, and batteries. Its Rubber Carbon Black segment specializes in producing carbon black products specifically designed for use in tires and mechanical rubber goods. With a global supply chain network comprising 14 production sites across 10 countries, Orion has a strong presence in key markets worldwide, including the United States, Germany, China, South Korea, Japan, and other locations. The company’s headquarters are located in Luxembourg.

Ecorax® from Orion is an innovative carbon black product that is highly effective in reducing rolling resistance and fuel consumption in tire treads and bodies, making it an ideal choice for environmentally conscious consumers and businesses.

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