According to data from the China Report Hall, the market share (CR5) of the top five companies in China's white carbon black industry will increase to 40% in 2023, an increase of 8 percentage points from 2020. Among them, Quecheng Corporation ranks first in Asia with an annual production capacity of 251000 tons, Yuanxiang New Materials has achieved import substitution in the field of special hydrophobic white carbon black, and Lianke Technology has reduced production costs by 18% through a circular economy model.
In terms of technology competition, the localization process of gas-phase white carbon black has accelerated, and leading enterprises have achieved key equipment substitution through independent research and development, reducing production costs by 15% compared to imported products. At the same time, the demand for high-purity electronic grade white carbon black is increasing by 25% annually, with a unit price 3-5 times that of ordinary products, becoming a new profit growth point in the industry.