Carbon Black in Lead-acid Battery Market by Battery Type and Geography - Forecast and Analysis 2022-2026

The carbon black in lead-acid battery market share is expected to increase by USD 116.06 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.45%.

This carbon black in lead-acid battery market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers carbon black in lead-acid battery market segmentation by battery type (flooded lead-acid battery and valve regulated lead-acid (VRLA) battery) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The carbon black in lead-acid battery market report also offers information on several market vendors, including Imerys S.A., IsraZion Ltd., Orion Engineered Carbons SA, SGL Carbon SE, Shandong Jinkeli Power Sources Technology Co. Ltd., Superior graphite co, Birla Carbon USA Inc, Cabot Corp., and Denka Co. Ltd. among others.

What will the Carbon Black in Lead-acid Battery Market Size be During the Forecast Period?

Download Report Sample to Unlock the Carbon Black in Lead-acid Battery Market Size for the Forecast Period and Other Important Statistics

 

Carbon Black in Lead-acid Battery Market: Key Drivers, Trends, and Challenges

The increasing demand from the automotive industry is notably driving the carbon black in lead-acid battery market growth, although factors such as increasing competition from carbon black lithium-ion batteries may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the carbon black in lead-acid battery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Carbon Black In Lead-acid Battery Market Driver

One of the key factors driving growth in the carbon black in lead-acid battery market is the increasing demand from the automotive industry. In general, lead-acid batteries dominate the battery technology used in automobiles globally. However, the adoption of carbon black in lead-acid batteries is rising rapidly, owing to its superior performance in its applications, such as UPS systems and ignition power sources for automobiles. Traditional lead-acid batteries have low energy density and cannot be stored in a discharged condition due to sulfation, which is the formation of lead sulfate crystals in the pores and the surface of lead plates of batteries. On the other hand, carbon black in lead-acid batteries offers a quick burst of power output in a short time. To boost the adoption of carbon black lead-acid batteries in the automotive industry, significant R&D on battery technology is underway to make it more competitive in terms of performance compared with other battery technologies, such as lithium-ion batteries. Such factors will propel the demand for carbon black in lead-acid batteries in the automotive industry.

Key Carbon Black In Lead-acid Battery Market Trend

The increasing adoption of hybrid power systems in telecom towers is a carbon black in lead-acid battery market trend that is expected to have a positive impact in the coming years. The telecom industry is growing at a faster pace, particularly in developing nations such as China, India, South Africa, and Brazil. The focus is on hybrid power systems because of their less impact on the environment. The carbon black in lead-acid batteries provides an extended life cycle to the batteries in hybrid power systems. In addition, the cost-efficiency of coupling with renewable power sources has made carbon black in lead-acid batteries popular for the adoption of hybrid power systems in telecom towers. With a growing concentration on inexpensive batteries and low production costs, zinc hybrid cathode batteries and lead-acid batteries prove to be low-cost and efficient for solar energy storage in telecom towers. Such factors are anticipated to lead to the growth of the global carbon black in lead-acid battery market.

Key Carbon Black In Lead-acid Battery Market Challenge

The increasing competition from carbon black lithium-ion batteries will be a major challenge for carbon black in lead-acid battery market during the forecast period. The market for carbon black in lithium-ion batteries is growing at a rapid rate, which is posing competition for other battery types, including carbon black in lead-acid batteries. The price is a major factor that distinguishes carbon black in lithium-ion from that in lead-acid batteries. However, leading market vendors are working on technological advances and reducing the cost of carbon black in lead-acid batteries. Companies are improving carbon black in lithium-ion batteries in every possible way, which will result in a year-by-year cost reduction. There is a surge in the adoption of carbon black in lithium-ion batteries in applications such as data centers, electric vehicles, and automobiles owing to the decline in their prices and other benefits offered by them, such as battery replacement, which is boosting the market for carbon black in lithium-ion batteries. Such factors will restrain the growth of the global carbon black in lead-acid battery market.

This carbon black in lead-acid battery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global carbon black in lead-acid battery market as a part of the global renewable electricity market within the global independent power and renewable electricity market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the carbon black in lead-acid battery market during the forecast period.

Who are the Major Carbon Black in Lead-acid Battery Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• Imerys S.A.
• IsraZion Ltd.
• Orion Engineered Carbons SA
• SGL Carbon SE
• Shandong Jinkeli Power Sources Technology Co. Ltd.
• Superior graphite co
• Birla Carbon USA Inc
• Cabot Corp.
• Denka Co. Ltd.

 

This statistical study of the carbon black in lead-acid battery market encompasses successful business strategies deployed by the key vendors. The carbon black in lead-acid battery market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Birla Carbon USA Inc - Birla Carbon USA Inc is a privately held company headquartered in the US. It is a global company, with limited information regarding its financials and limited information regarding its employee strength is available. Its revenue from the global carbon black in lead-acid battery market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
• Birla Carbon USA Inc - The company offers carbon black in lead acid batteries namely Conductex e. 

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The carbon black in lead-acid battery market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Carbon Black In Lead-acid Battery Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for carbon black in lead-acid battery market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Carbon Black In Lead-acid Battery Market?

For more insights on the market share of various regions Request PDF Sample now!

49% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for carbon black in lead-acid battery in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increased adoption of electrical automobiles and an increase in the demand for uninterruptible power supply (UPS) systems will facilitate the carbon black in lead-acid battery market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 reduced the demand for automobiles in the region, which resulted in a significant decline in the demand for carbon black in lead-acid batteries across the regions in 2020. However, with the ongoing vaccination drive and ease of lockdown restrictions led to the resumption of automotive production in the region from Q4 2020, resulting in an uptick in demand for carbon black in lead-acid batteries in APAC. 

What are the Revenue-generating Battery Type Segments in the Carbon Black In Lead-acid Battery Market?

To gain further insights on the market contribution of various segments Request PDF Sample

The carbon black in lead-acid battery market share growth by the Flooded lead-acid battery segment will be significant during the forecast period. The advantage of using flooded lead-acid batteries for renewable energy storage is that they are the most economical and have the lowest cost per kilowatt-hour (kWh) cycle of all deep-cycle battery technologies. These factors are anticipated to promote the growth of the flooded lead-acid battery segment in the global carbon black in lead-acid battery market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the carbon black in lead-acid battery market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Carbon Black In Lead-acid Battery Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.45%
Market growth 2022-2026	$ 116.06 million
Market structure	Concentrated
YoY growth (%)	4.24
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 49%
Key consumer countries	US, Canada, China, Japan, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Imerys S.A., IsraZion Ltd., Orion Engineered Carbons SA, SGL Carbon SE, Shandong Jinkeli Power Sources Technology Co. Ltd., Superior graphite co, Birla Carbon USA Inc, Cabot Corp., and Denka Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Carbon Black In Lead-acid Battery Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive carbon black in lead-acid battery market growth during the next five years
• Precise estimation of the carbon black in lead-acid battery market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the carbon black in lead-acid battery industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of carbon black in lead-acid battery market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch