Carbon Black Market By Process (Furnace Black, Channel Black, Acetylene Black, And Lamp Black), By Grade (Specialty Grade And Conductive Grade), By Application (Tires, Coatings, Plastics, Printing Inks, And Toners) By Region (North America, Europe, Asia Pacific, Middle East & Africa, And South America) – Market Size & Forecasting To 2032

The Global Carbon Black Market report includes a global opportunity analysis and industry forecasts for the period 2023-2032. The global Carbon Black market was valued USD 13.67 Billion in 2022 and registering a CAGR of 4.10% from 2023 to 2032. The base year considered for the study is 2021, and the forecast has been provided for the period 2023 to 2032.

The Carbon black Market report highlights market opportunities and competitive scenarios for Carbon black on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the Carbon black market. Historic back-drop for Carbon black market has been analyzed according to organic and inorganic developments to provide precise market size estimations. Also, key factors impacting the growth of the Carbon black market have been identified with potential gravity. Major regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

Brief Segmentation Overview

The carbon black market has been segmented as by process which is further segmented into furnace black, channel black, acetylene black, and lamp black. The market is also classified by grade which is sub segmented into specialty grade and conductive grade. The carbon black market is further bifurcated into application which is classified as tires, coatings, plastics, printing inks, and toners. The specialty grade segment accounts for the majority of market share and is expected to contribute in the market.

Key Developments- Carbon Black Market

  • December 2020 - Safic-Alcan entered into a circulation bond contract with Orion Engineered Carbons, which was to be operational from January 1, 2021. This Bond protects specialty carbon black and rubber carbon black, for implementation in ink functions, polymers mechanical rubber goods, and numerous distinctive applications. This move is anticipated to strengthen its position in the global specialty carbon black industry.
  • November 2020 – Continental Carbon Company, one of the dominant worldwide inventors of furnace-grade carbon blacks for the tire and rubber company, enrolled into a bond with the Bolder Industries, an organization that works in the transformation of tires into sustainable industrial products. The bond requires the commercialization of eco-friendly items for the global rubber industries and plastics.
  • February 2020 – Birla Carbon collaborated with GranBio, which was functioning to improve the sustainability of rubber goods and tires. In February 2020, the Birla group declared the presentation of a patent application Nanocellulose Dispersion Composite for modification by rubber and tire companies. This Nanocellulose Dispersion Composite premix is the result of a three-year consolidated expansion program with GranBio, and it gives the optimal distribution of nanocellulose in rubber preparations to enhance tire rolling support.

Regional Outlook:

The carbon black market by region has been segmented by North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe are significant regions for the carbon black market. Some of the major end-use industries in these regions include end-use industries such as Construction, Gas & Oil, Manufacturing, Mining, Communication and Others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for carbon black market in these regions include US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies.

Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Construction, Gas & Oil, Manufacturing, Mining, Communication and Others are some of the major industries in the region with strong potential for carbon black market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook.

Companies Covered: Orion Engineered Carbons, Birla Carbon, Cabot Corporation, Philips Carbon Black Ltd., Mitsubishi Chemical Corporation, OMSK Carbon Group, Continental Carbon Company, Tokai Carbon Co., Ltd., ChemChina, Nippon Steel and Sumikin Chemical Co.ltd., and BASF SE, among others.

What Does This Report Provide?

This report provides a detailed understanding of the global carbon black market from qualitative and quantitative perspective during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation

By Process

  • Furnace black
  • Channel black
  • Acetylene black
  • Lamp black

By Grade

  • Specialty grade
  • Conductive grade

By Application

  • Tires
  • Coatings
  • Plastics
  • Printing inks
  • Toners

By Region:

Regional Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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