According to latest research by Future Market Insights, Carbon Black Content Tester market is set to witness steady growth between 3% and 4% during 2021 to 2031. Primarily the market is driven by plastic industry, where this equipment is used to test the efficiency of polyethylene materials.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Evolving end-user demand for to ascertain the quality and strength of plastics components continues to drive demand for the market. Plastic Sector continue to be a lucrative avenue for Carbon Black Content Tester manufacturers.
The testing machine is widely used in PET & Preform, and plastic products manufacturing industries to determine the quality and strength of plastics, therefor this sector is crucial for Carbon Black Content Tester market demand generation.
The growing rubber industry especially synthetic rubber and related elastomeric grades is also a strong factor in fortifying the market growth. The product is the most widely used cost-effective reinforcing filler used in elastic compounds, especially tires. This increased demand for carbon black is anticipated to create lucrative growth for the carbon black content tester market.
However, issues related with the recyclability of black plastic is anticipated to have negative impact on the market growth.
Plastic Industry have been impacted by COVID-19-induced slowdown. This has also had a ripple effect on its related markets albeit to a moderate interest. The steady demand from consumer goods production and sales will bail out the recessionary effect created due to the pandemic.
This test equipment is used in plastic industry for testing the amount of carbon black in the component or say plastic materials and with increasing strict regulation from governments for better quality products, the market is anticipated gain momentum.
North America market is dominated by the USA., both in terms of utilization as well as generation. The demand for plastics and tires in North America has increased. In addition, consistent recovery of ongoing plastic and rubber sector will assist the carbon black content tester market in future.
Plastics manufactured from carbon black are lightweight and in this way offer reduce carbon emission and fuel utilization.
This region is one of the most attractive market for investment owing to high demand for carbon black.
For instance, in February 2019, Cancarb Ltd., a key manufacturer of carbon black in the Canadian region, announced investing USD 40.1 million to expand its thermal carbon black production capacity by adding a sixth production unit at its facility in Medicine Hat. As the carbon black and carbon black content tester market is set to grow synchronously, therefore this investments will prove to be very optimistic of the market.
Asia-Pacific dominated the market and is anticipated to grow with an attractive growth rate. Demand for the product has seen a noteworthy increment from this region, including China, India, and Japan. Measures embraced by governments, especially in India, such as import duties to boost domestic production is expected to create growth opportunities.
The adoption of carbon black by the tire segment within the automobile industry has gone up due to a rise in domestic tire production after the imposition of anti-dumping duty on tire imports from China by Indian Government. This accelerated carbon black content tester growth in the region.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Some of the leading manufacturers and suppliers of Carbon Black Content Tester include
Many leading manufacturers and suppliers are directly contacted by end users for the procurement. Leading players have their own authorized suppliers.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Temperature Range 6.2. End-Use Industry 7. Global Market Analysis and Forecast, By Temperature Range 7.1. Below 500° 7.2. Between 500° to 1000° 7.3. Above 1000° 8. Global Market Analysis and Forecast, By End-Use Industry 8.1. Plastic Industry 8.2. Rubber Industry 8.3. Semiconductors & Electronics 8.4. Electrical Goods & Components 8.5. General Manufacturing 8.6. Others 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. South Asia & Pacific 9.5. East Asia 9.6. Middle East & Africa 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 16. Sales Forecast by Temperature Range and End-Use Industry for 30 Countries 17. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 18. Company Profile 18.1. Impact Solutions 18.2. Veekay Test Labs 18.3. Presto Stantest Pvt. Ltd. 18.4. SCITEQ A/S 18.5. Advance Equipment 18.6. Intertek Group plc 18.7. Nanjing T-Bota Scietech Instruments & Equipment, Shanghai HESON Instrument Technology
Explore Testing Equipment Insights
View Reports