Product Code: PM1478
The global Carbon Black market size is expected to reach USD 31,427.19 million by 2032, according to a new study by Polaris market research. The report "Carbon Black Market Share, Size, Trends, Industry Analysis Report, By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others); By Application; By Grade; By Region; Segment Forecast, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for carbon black is experiencing a substantial increase in demand across various industries such as consumer goods, construction, rubber, automotive, and electronics. This surge is driven by the material's advantageous properties, including exceptional strength and antistatic characteristics. Additionally, supportive investment policies and robust infrastructure development in countries like China, Indonesia, Brazil, and India are contributing significantly to this growth.
Furthermore, numerous carbon black manufacturers are actively involved in extensive research and development efforts, introducing innovative products to bolster their market presence and meet the growing product demand. For example, in March 2022, Orion Engineered established a new production line for black carbon in Italy. This state-of-the-art 25 KT facility will manufacture specialty and technical rubber carbon blacks, primarily targeting the European market. Notably, the facility also utilizes waste heat to generate usable electricity, producing up to 120 MWh annually.
The swift rise in the global population and industrialization, particularly in developing nations aiming for robust infrastructure development, is expected to drive the need for high-quality carbon blacks. Various sub-sectors within industries now demand stringent performance standards and accountability, leading to an increased appetite for superior carbon black products. Industries are continuously seeking improved performance characteristics, including heightened levels of chemical and physical purity, as well as the capability to meet diverse regulatory mandates.
Carbon Black Market Report Highlights
Furnace black dominated due to its versatility, enhancing rubber strength, UV resistance, and serving as a pigment/coloring agent in inks, paints, and plastics.
Tires segment accounted for largest revenue due to carbon black's crucial role in enhancing tire strength, durability, grip, and appearance.
In 2022, Asia Pacific led the market share, expected to maintain dominance due to economic growth, industrialization, and automotive production surge, aided by partnerships and government support.
The global key market players include: Birla Carbon, Cabot Corporation, Orion S. A, Omsk Carbon Group, OCI Company Ltd, Atlas Organic Pvt Ltd, Mitsubishi Chemical Corporation, International CSRC Investment Holdings Co., Ltd., Himadri Speciality Chemical Limited, Longxing Chemical Stock Co., Ltd., PCBL Limited, Continental Carbon Company
Polaris market research has segmented the Carbon Black market report based on type, application, grade, and region:
Carbon Black, Type Outlook (Revenue - USD Million, 2019 - 2032)
- Furnace Black
- Channel Black
- Thermal Black
- Acetylene Black
- Others
Carbon Black, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Tire
- Non-Tire Rubber
- Inks & Coatings
- Plastics
- Cement
- Steel
- Buildings
- Batteries
- Others
Carbon Black, Grade Outlook (Revenue - USD Million, 2019 - 2032)
- Standard Grade
- Specialty Grade
Carbon Black, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Carbon Black Market Insights
- 4.1. Carbon Black Market - Grade Snapshot
- 4.2. Carbon Black Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Adoption of carbon black in the rubber industry
- 4.2.1.2. Rising the applications of carbon black in plastic and coatings
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Hazardous gas emissions during carbon black production hinder the growth of the market
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Carbon Black Market Grade Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Carbon Black Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Carbon Black Market, by Type, 2019-2032 (USD Million)
- 5.3. Furnace Black
- 5.3.1. Global Carbon Black Market, by Furnace Black, by Region, 2019-2032 (USD Million)
- 5.4. Channel Black
- 5.4.1. Global Carbon Black Market, by Channel Black, by Region, 2019-2032 (USD Million)
- 5.5. Thermal Black
- 5.5.1. Global Carbon Black Market, by Thermal Black, by Region, 2019-2032 (USD Million)
- 5.6. Acetylene Black
- 5.6.1. Global Carbon Black Market, by Acetylene Black, by Region, 2019-2032 (USD Million)
- 5.7. Others
- 5.7.1. Global Carbon Black Market, by Thermal Black, by Region, 2019-2032 (USD Million)
6. Global Carbon Black Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Carbon Black Market, by Application, 2019-2032 (USD Million)
- 6.3. Tire
- 6.3.1. Global Carbon Black Market, by Tire, by Region, 2019-2032 (USD Million)
- 6.4. Non-Tire Rubber
- 6.4.1. Global Carbon Black Market, by Non-Tire Rubber, by Region, 2019-2032 (USD Million)
- 6.5. Inks & Coatings
- 6.5.1. Global Carbon Black Market, by Inks & Coatings, by Region, 2019-2032 (USD Million)
- 6.6. Plastics
- 6.6.1. Global Carbon Black Market, by Plastics, by Region, 2019-2032 (USD Million)
- 6.7. Cement
- 6.7.1. Global Carbon Black Market, by Cement, by Region, 2019-2032 (USD Million)
- 6.8. Steel
- 6.8.1. Global Carbon Black Market, by Steel, by Region, 2019-2032 (USD Million)
- 6.9. Buildings
- 6.9.1. Global Carbon Black Market, by Buildings, by Region, 2019-2032 (USD Million)
- 6.10. Batteries
- 6.10.1. Global Carbon Black Market, by Batteries, by Region, 2019-2032 (USD Million)
- 6.11. Others
- 6.11.1. Global Carbon Black Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Carbon Black Market, by Grade
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 7.3. Standard Grade
- 7.3.1. Global Carbon Black Market, by Standard Grade, By Region, 2019-2032 (USD Million)
- 7.4. Specialty Grace
- 7.4.1. Global Carbon Black Market, by Specialty Grace, By Region, 2019-2032 (USD Million)
8. Global Carbon Black Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Carbon Black Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Carbon Black Market - North America
- 8.3.1. North America: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.3.2. North America: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.3.3. North America: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.3.4. Carbon Black Market - U.S.
- 8.3.4.1. U.S.: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.3.5. Carbon Black Market - Canada
- 8.3.5.1. Canada: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4. Carbon Black Market - Europe
- 8.4.1. Europe: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.3. Europe: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.4. Carbon Black Market - UK
- 8.4.4.1. UK: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.4.3. UK: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.5. Carbon Black Market - France
- 8.4.5.1. France: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.5.3. France: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.6. Carbon Black Market - Germany
- 8.4.6.1. Germany: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.7. Carbon Black Market - Italy
- 8.4.7.1. Italy: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.8. Carbon Black Market - Spain
- 8.4.8.1. Spain: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.9. Carbon Black Market - Netherlands
- 8.4.9.1. Netherlands: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.4.10. Carbon Black Market - Russia
- 8.4.10.1. Russia: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5. Carbon Black Market - Asia Pacific
- 8.5.1. Asia Pacific: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.4. Carbon Black Market - China
- 8.5.4.1. China: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.4.3. China: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.5. Carbon Black Market - India
- 8.5.5.1. India: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.5.3. India: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.6. Carbon Black Market - Malaysia
- 8.5.6.1. Malaysia: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.7. Carbon Black Market - Japan
- 8.5.7.1. Japan: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.8. Carbon Black Market - Indonesia
- 8.5.8.1. Indonesia: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.5.9. Carbon Black Market - South Korea
- 8.5.9.1. South Korea: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.6. Carbon Black Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.6.4. Carbon Black Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.6.5. Carbon Black Market - UAE
- 8.6.5.1. UAE: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.6.6. Carbon Black Market - Israel
- 8.6.6.1. Israel: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.6.7. Carbon Black Market - South Africa
- 8.6.7.1. South Africa: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.7. Carbon Black Market - Latin America
- 8.7.1. Latin America: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.7.3. Latin America: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.7.4. Carbon Black Market - Mexico
- 8.7.4.1. Mexico: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.7.5. Carbon Black Market - Brazil
- 8.7.5.1. Brazil: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Carbon Black Market, by Application, 2019-2032 (USD Million)
- 8.7.6. Carbon Black Market - Argentina
- 8.7.6.1. Argentina: Carbon Black Market, by Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Carbon Black Market, by Grade, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Carbon Black Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Atlas Organic Pvt Ltd
- 10.1.1. Company Overview
- 10.1.2. Financial PerApplicationance
- 10.1.3. Application Benchmarking
- 10.1.4. Recent Development
- 10.2. Birla Carbon
- 10.2.1. Company Overview
- 10.2.2. Financial PerApplicationance
- 10.2.3. Application Benchmarking
- 10.2.4. Recent Development
- 10.3. Cabot Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial PerApplicationance
- 10.3.3. Application Benchmarking
- 10.3.4. Recent Development
- 10.4. Continental Carbon Company
- 10.4.1. Company Overview
- 10.4.2. Financial PerApplicationance
- 10.4.3. Application Benchmarking
- 10.4.4. Recent Development
- 10.5. Himadri Speciality Chemical Limited
- 10.5.1. Company Overview
- 10.5.2. Financial PerApplicationance
- 10.5.3. Application Benchmarking
- 10.5.4. Recent Development
- 10.6. International CSRC Investment Holdings Co., Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial PerApplicationance
- 10.6.3. Application Benchmarking
- 10.6.4. Recent Development
- 10.7. Longxing Chemical Stock Co., Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial PerApplicationance
- 10.7.3. Application Benchmarking
- 10.7.4. Recent Development
- 10.8. Mitsubishi Chemical Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial PerApplicationance
- 10.8.3. Application Benchmarking
- 10.8.4. Recent Development
- 10.9. OCI Company Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial PerApplicationance
- 10.9.3. Application Benchmarking
- 10.9.4. Recent Development
- 10.10. Omsk Carbon Group
- 10.10.1. Company Overview
- 10.10.2. Financial PerApplicationance
- 10.10.3. Application Benchmarking
- 10.10.4. Recent Development
- 10.11. Orion S. A
- 10.11.1. Company Overview
- 10.11.2. Financial PerApplicationance
- 10.11.3. Application Benchmarking
- 10.11.4. Recent Development
- 10.12. PCBL Limited
- 10.12.1. Company Overview
- 10.12.2. Financial PerApplicationance
- 10.12.3. Application Benchmarking
- 10.12.4. Recent Development