Global Carbon Black Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Furnace Black, Channel Black, Thermal Black, Acetylene Black and Others.

By Application;

Tire, Non-Tire Rubber, Plastics, Inks & Coatings and Others.

By Grade;

Standard Grade and Specialty Grade.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn601376241 Published Date: May, 2024 Updated Date: June, 2024


Global Carbon Black Market (USD Million), 2020 - 2030

In the year 2023, the Global Carbon Black Market was valued at USD 14,499.36 million. The size of this market is expected to increase to USD 20,538.45 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The global carbon black market is a significant sector within the broader materials industry, characterized by its role in the production of various rubber and plastic products. Carbon black, a fine black powder primarily composed of elemental carbon, is produced by the incomplete combustion of heavy petroleum products. This material is essential for enhancing the physical, electrical, and optical properties of various products. Its primary application is in the manufacture of tires, where it serves as a reinforcing filler to improve durability and wear resistance. Additionally, carbon black is widely used in plastics, coatings, and inks, providing coloration and UV protection.

In recent years, the carbon black market has experienced steady growth, driven by increasing demand from the automotive and construction industries. The burgeoning automotive sector, particularly in developing regions, has led to a surge in tire production, which in turn fuels the demand for carbon black. Furthermore, the expansion of infrastructure projects and urbanization trends contribute to the rising consumption of carbon black in construction materials. Innovations and technological advancements in production processes have also enabled manufacturers to enhance the quality and efficiency of carbon black, thus widening its application scope and market appeal.

The carbon black industry faces several challenges, including environmental concerns and regulatory pressures. The production of carbon black involves the emission of greenhouse gases and other pollutants, prompting regulatory bodies to implement stringent environmental standards. To address these issues, industry players are increasingly investing in research and development to create sustainable production methods and alternative materials. The market is also witnessing a shift towards greener technologies and the use of bio-based carbon black, which aligns with global sustainability goals. Despite these challenges, the market outlook remains positive, driven by continuous demand from end-use industries and the ongoing trend towards sustainable development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Grade
    4. Market Snapshot, By Region
  4. Global Carbon Black Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Industry Growth
        2. Tire Manufacturing Demand
        3. Infrastructure Development
        4. Urbanization Trends
      2. Restraints
        1. Environmental Concerns
        2. Regulatory Compliance
        3. Emission Standards
        4. Raw Material Price Volatility
      3. Opportunities
        1. Sustainable Production Methods
        2. Bio-based Carbon Black
        3. Emerging Markets
        4. Technological Innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Carbon Black Market, By Type, 2020 - 2030 (USD Million)
      1. Furnace Black
      2. Channel Black
      3. Thermal Black
      4. Acetylene Black
      5. Others
    2. Global Carbon Black Market, By Application, 2020 - 2030 (USD Million)
      1. Tire
      2. Non-Tire Rubber
      3. Plastics
      4. Inks & Coatings
      5. Others
    3. Global Carbon Black Market, By Grade, 2020 - 2030 (USD Million)
      1. Standard Grade
      2. Specialty Grade
    4. Global Carbon Black Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cabot Corporation
      2. Thai Carbon Black Public Company Limited (Birla Carbon)
      3. Orion Engineered Carbons S.A.
      4. Phillips Carbon Black Limited
      5. Tokai Carbon Co., Ltd.
      6. OMSK Carbon Group OOO
      7. Jiangxi Black Cat Carbon Black Inc., Ltd.
      8. OCI Company Ltd.
      9. China Synthetic Rubber Corporation
      10. SID Richardson Carbon & Energy Co.
      11. Mitsubishi Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market