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Carbon black is used to tailor the performance attributes of tyres and is available in a variety of grades and particle sizes. To meet certain performance parameters, enormous tyres, in particular, necessitate large quantities of carbon black and a range of unique formulas.
The US Carbon Black Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.
The new factory for the production of carbon black by Balkrishna Industries Limited (BKT) is nearly finished and ready for its official opening. This facility allows for greater dosing flexibility without relying on external suppliers, as well as superior raw material quality assurance and a wider range of high-quality carbon black to be employed for specific formulations during the compounding stage.
Monolith, a leader in the manufacturing of clean materials, has gotten conditional permission from the US Department of Energy for a loan (D.O.E.). Monolith will be able to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska, with the help of the loan.
Orion Engineered Carbons, a major global producer of speciality and high-performance carbon black, has announced that it would spend to convert a reactor line at its Ivanhoe, Louisiana, factory from creating soft carbon black to hard carbon black, which is typically used in tyre treads. The carbon black supply-demand balance is becoming tighter, particularly for hard carbon black, as tyre manufacture continues to shift to the United States.
At the Smithers Recovered Carbon Black Conference, Michelin and Bridgestone will present a joint perspective on promoting sustainability in the tyre sector. The focus of the presentation will be on growing the use of recovered carbon black in tyres and the environmental benefits of this more environmentally friendly material.
