The market demand for conductive carbon black continues to rise, and the localization process continues to accelerate.

Conductive carbon black is a semiconductor material with low or high resistance properties, which can give products conductive or anti-static effects. The conductivity of conductive carbon black is related to its structure, and high-structure conductive carbon black has higher conductivity. According to different conductive properties and manufacturing methods, conductive carbon black can be divided into furnace conductive carbon black (CF), furnace conductive carbon black (XCF), furnace superconducting carbon black (SCF), granular conductive carbon black, conductive groove Black (cc) etc.

Conductive carbon black is a subdivided product of carbon black. Driven by factors such as national environmental protection policies and deepening supply-side structural reforms, my country’s carbon black production has shown a slow growth trend and the market supply is stable. In 2021, my country’s carbon black output reached 5.316 million tons, a year-on-year increase of 8.3%. Conductive carbon black accounts for only 10.0% of carbon black demand. Benefiting from sufficient supply of raw materials, my country’s conductive carbon black production continues to increase.

The production processes of conductive carbon black mainly include acetylene thermal cracking process and furnace process. The acetylene thermal cracking method consists of acetylene gas production, acetylene cracking, carbon black collection, compression and other procedures, and is often used to manufacture batteries. The production process of acetylene thermal cracking requires a large amount of electricity, so the production cost is high. The furnace process refers to placing conductive carbon black raw materials into the combustion section of the reactor for combustion, and then producing conductive carbon black through high-temperature cracking. This process is prone to producing flammable pollutants and causing pollution to the atmospheric environment. In recent years, tail gas power generation has gradually become the main way to deal with combustible pollutants, which will be beneficial to the recycling of raw materials for conductive carbon black production.

The “2022-2027 Conductive Carbon Black Industry Development Status and Investment Strategy Suggestions Report released by the Industrial Research Center shows that in recent years, As the purchase of new energy vehicles continues to grow, my country’s lithium-ion battery industry has entered a stage of rapid development. According to statistics from the Ministry of Industry and Information Technology, my country’s lithium-ion battery production in 2021 is 324.0GWh, a year-on-year increase of 106.0%. As one of the mainstream products of conductive agents for lithium-ion batteries, the demand for conductive carbon black is constantly increasing. In 2021, my country’s demand for conductive carbon black will reach 17,000 tons, a year-on-year increase of 79.8%.

Affected by rising raw material prices and the international situation, the market demand for conductive carbon black has begun to develop in the direction of localization. my country’s conductive carbon black companies include Lonstar Chemical, Black Cat Co., Ltd., Yongdong Chemical, Lianke Technology, etc. Currently, Black Cat Co., Ltd. ranks as the leader in my country’s conductive carbon black industry, accounting for nearly 20.0% of the market share.

Industry analysts said that as a conductive agent for lithium-ion batteries, conductive carbon black has the advantages of high purity and good conductivity. It is widely used in new energy vehicles and other fields. As production technology continues to make breakthroughs and innovations, safe, environmentally friendly, and energy-saving conductive carbon black preparation methods will be widely used. In recent years, my country’s conductive carbon black market demand has continued to increase, and the localization rate has continued to increase, which will bring broad prospects for the development of the industry.