Carbon Black Market Insights

Carbon Black Market size was valued at USD 21.35 Billion in 2023 and is projected to reach USD 31.05 Billion by 2030, growing at a CAGR of 4.7% during the forecasted period 2024 to 2030.

The term "carbon black market" describes the worldwide industry that is engaged in the extraction, use, and distribution of carbon black, a fine powder made mostly of elemental carbon that is left over after incomplete combustion of hydrocarbons. This adaptable substance is widely used in many different industries, but it is best famous for its use as a reinforcing filler in the manufacturing of rubber goods like tires. The market offers a wide variety of carbon black grades, each designed to satisfy particular needs in a number of end-use industries.

The mechanical and thermal properties of rubber compounds are significantly enhanced by carbon black, which also improves conductivity, robustness, and durability. Consequently, the market is closely related to the automotive sector, as tire production requires carbon black as a key component. To further broaden its market reach, the polymer sector also uses carbon black as a pigment and reinforcing component in plastic applications.

Environmental restrictions, technical improvements, and macroeconomic considerations all have an impact on the demand for carbon black. Market dynamics are also impacted by emerging trends, such as the increased focus on sustainable practices and the creation of eco-friendly substitutes. The carbon black industry's manufacturers work tirelessly to improve and streamline their production procedures in order to satisfy exacting quality requirements and abide with environmental regulations.

>>>Download Sample Report Now:- https://www.verifiedmarketreports.com/download-sample/?rid=34804

Carbon Black Market Trends

Current trends in the ever-changing Carbon Black Market show that eco-friendly methods and sustainability are becoming more important due to growing environmental consciousness. Technological advancements are satisfying strict quality standards, improving efficiency, and restructuring production processes. Furthermore, strategic partnerships between major industry participants are creating a dynamic market environment that is ready to expand and adjust to shifting global demands.

Feedstock Diversification:

Although carbon black is traditionally made from petroleum, producers are looking into other feedstocks such as waste plastic and pyrolysis oil. Concerns about sustainability, fluctuating oil prices, and the expanding availability of materials made from waste are the main drivers of this change.

Specialist Grades Gaining Traction:

The market for specialist carbon blacks is being driven by the need for high-performance tires, automotive parts, and coatings. These grades attract premium prices and propel market growth because of their exceptional features, which include conductivity, reinforcement, and UV resistance.

Asia Leads, Europe Consolidates:

More than 70% of the world's consumption of carbon black comes from the Asia Pacific area, which is dominated by China and India. But as big competitors like Birla Carbon and Orion Engineered Carbons extend their footprints, the European market is consolidating.

Carbon Black Market Scope Of the Report

This report offers past, present as well as future analysis and estimates for the Carbon Black Market. The market estimates that are provided in the report are calculated through an exhaustive research methodology. The research methodology that is adopted involves multiple channels of research, such as – primary research, secondary research, and subject-related expert advice. The market estimates are calculated based on the influence of the current market dynamics along with various economic, social, and political factors on the Carbon Black Market. Also, various regulations, government spending, and research and development growth define the market data. Both positive, as well as negative changes to the market, are taken into consideration for the market estimates.

Carbon Black Market Competitive Landscape & Company Profiles

The market report lists the major players involved in the Carbon Black Market under the competitive landscape and company profile chapters. The major players in the market are evaluated based on their product and/or service offerings, financial statements, key developments, strategic approach to the market, position in the market, geographical penetration, and other key features. The chapter also highlights the strengths, weaknesses, opportunities, and threats (SWOT analysis), winning imperatives, current focus and strategies, and threats from competition for the top three to five players in the market. Furthermore, the list of companies included in the market study can also be customized as per the client’s requirements. The competitive landscape section of the report covers details in terms of the top five company’s ranking, key developments such as recent developments, partnerships, mergers and acquisitions, new product launches, etc., the company’s regional footprint, and company industry footprint as per the market and Ace matrix.

Company Regional Footprint

This section provides geographical or regional level reach or their sales network presence for each of company’s considered for profiling.

Company Industry Footprint

This section provides the cross-analysis of industry verticals and market players that gives a clear picture of the company landscape with respect to the industries they are serving their products and services.

Ace Matrix

This section provides company benchmarking into Active, Cutting Edge, Innovator, and Emerging based on their product and business strategy. In Which, product strategy includes parameters such as Breadth & Depth of Product, Focus on Product Innovation, Product features & functions, Scalability whereas business strategy includes parameters such as geographical reach, Industry Coverage, Inorganic Growth, and Roadmap.

Top Carbon Black Market Companies

The Carbon Black Market Report delivers an in-depth analysis of leading and emerging players in the market. The Report provides comprehensive lists of key companies which have been enlisted on the basis of type of products they are offering & other factors in Market. Among company profiling market analysis, the analysts who worked on the report gave the year of market entry for each mentioned player can be considered for the research analysis.

The “Global Carbon Black Market” study report will provide a valuable insight with an emphasis on the global market including some of the Top Carbon Black Market Companies such as Aditya Birla, Cabot Corporation, Orion Engineered Carbonss, Black Cat Carbon Black, China Synthetic Rubber Corporation (CSRC), Tokai Carbon Co. Ltd., Omsk, Phillips Carbon Black Limited, Sid Richardson, Longxing Chemical, HUADONG RUBBER MATERIAL, BAOHUA, JINNENG, DAGUANGMING GROUP. 

Carbon Black Market Segmentation

By Type

  • Thermal Black
  • Furnace Black

By Application

  • Tire Rubber
  • Other Rubber Prouducts
  • Non-Tire Rubber
  • Ink and Coating
  • Plastic
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Carbon Black Market Report Coverage

Research Methodology

The qualitative and quantitative data of the Carbon Black Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data.

Secondary research done by Verified Market Reports research team through various sources such as

  • Company websites, annual reports, financial reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent, and regulatory databases
  • National government documents, statistical databases, and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market
  • Paid database

Verified Market Reports contacted various key opinion leaders from the same industry, who are top and mid-level executives from top companies as well as executives (marketing heads, regional heads) from End users to collect information/data such as the dominance of particular brand in each country as well as overall region, pricing of services and products.

The data for total sales was determined through primary research in each of the countries by interviewing key opinion leaders which included insights from

  • C-Level Executives
  • Marketing Manager, Brand Manager, Product Manager
  • Sales Manager, Sales Officer, Regional Sales Manager, Country Manager
  • Procurement Manager
  • Production Manager
  • Technical Personnel
  • Distributors

The subject matter experts act as a key link to validate and substantiate the key research findings and understandings as the experts have acquired extensive experience in the market over the years. Secondary research data for the Carbon Black Market are collected from the internet, printed documents (company annual reports and research papers) related to the industry, industrial magazines, association findings, government websites, and others. These multiple information sources provide a key outline of the market.

  1. Introduction of Carbon Black Market
    1. Market Definition
    2. Market Segmentation
    3. Research Timelines
    4. Assumptions
    5. Limitations
  2. *This section outlines the product definition, assumptions and limitations considered while forecasting the market.
  3. Research Methodology
    1. Data Mining
    2. Secondary Research
    3. Primary Research
    4. Subject Matter Expert Advice
    5. Quality Check
    6. Final Review
    7. Data Triangulation
    8. Bottom-Up Approach
    9. Top-Down Approach
    10. Research Flow
  4. *This section highlights the detailed research methodology adopted while estimating the overall market helping clients understand the overall approach for market sizing.
  5. Executive Summary
    1. Market Overview
    2. Ecology Mapping
    3. Primary Research
    4. Absolute Market Opportunity
    5. Market Attractiveness
    6. Carbon Black Market Geographical Analysis (CAGR %)
    7. Carbon Black Market by Type USD Million
    8. Carbon Black Market by Application USD Million
    9. Future Market Opportunities
    10. Product Lifeline
    11. Key Insights from Industry Experts
    12. Data Sources
  6. *This section covers comprehensive summary of the global market giving some quick pointers for corporate presentations.
  7. Carbon Black Market Outlook
    1. Carbon Black Market Evolution
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Market Restraints
      1. Restraint 1
      2. Restraint 2
    4. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
    5. Market Trends
      1. Trend 1
      2. Trend 2
    6. Porter's Five Forces Analysis
    7. Value Chain Analysis
    8. Pricing Analysis
    9. Macroeconomic Analysis
    10. Regulatory Framework
  8. *This section highlights the growth factors market opportunities, white spaces, market dynamics Value Chain Analysis, Porter's Five Forces Analysis, Pricing Analysis and Macroeconomic Analysis
  9. by Type
    1. Overview
    2. Thermal Black
    3. Furnace Black
  10. by Application
    1. Overview
    2. Tire Rubber
    3. Other Rubber Prouducts
    4. Non-Tire Rubber
    5. Ink and Coating
    6. Plastic
    7. Others
  11. Carbon Black Market by Geography
    1. Overview
    2. North America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    4. Asia Pacific Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. China
      2. India
      3. Japan
      4. Rest of Asia Pacific
    5. Latin America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Brazil
      2. Argentina
      3. Rest of Latin America
    6. Middle East and Africa Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  12. This section covers global market analysis by key regions considered further broken down into its key contributing countries.
  13. Competitive Landscape
    1. Overview
    2. Company Market Ranking
    3. Key Developments
    4. Company Regional Footprint
    5. Company Industry Footprint
    6. ACE Matrix
  14. This section covers market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments and their relative market position.
  15. Company Profiles
    1. Introduction
    2. Aditya Birla
      1. Company Overview
      2. Company Key Facts
      3. Business Breakdown
      4. Product Benchmarking
      5. Key Development
      6. Winning Imperatives*
      7. Current Focus & Strategies*
      8. Threat from Competitors*
      9. SWOT Analysis*
    3. Cabot Corporation
    4. Orion Engineered Carbonss
    5. Black Cat Carbon Black
    6. China Synthetic Rubber Corporation (CSRC)
    7. Tokai Carbon Co. Ltd.
    8. Omsk
    9. Phillips Carbon Black Limited
    10. Sid Richardson
    11. Longxing Chemical
    12. HUADONG RUBBER MATERIAL
    13. BAOHUA
    14. JINNENG
    15. DAGUANGMING GROUP

  16. *This data will be provided for Top 3 market players*
    This section highlights the key competitors in the market, with a focus on presenting an in-depth analysis into their product offerings, profitability, footprint and a detailed strategy overview for top market participants.


  17. Verified Market Intelligence
    1. About Verified Market Intelligence
    2. Dynamic Data Visualization
      1. Country Vs Segment Analysis
      2. Market Overview by Geography
      3. Regional Level Overview


  18. Report FAQs
    1. How do I trust your report quality/data accuracy?
    2. My research requirement is very specific, can I customize this report?
    3. I have a pre-defined budget. Can I buy chapters/sections of this report?
    4. How do you arrive at these market numbers?
    5. Who are your clients?
    6. How will I receive this report?


  19. Report Disclaimer

Companies featured in this report

  • Aditya Birla
  • Cabot Corporation
  • Orion Engineered Carbonss
  • Black Cat Carbon Black
  • China Synthetic Rubber Corporation (CSRC)
  • Tokai Carbon Co. Ltd.
  • Omsk
  • Phillips Carbon Black Limited
  • Sid Richardson
  • Longxing Chemical
  • HUADONG RUBBER MATERIAL
  • BAOHUA
  • JINNENG
  • DAGUANGMING GROUP

Frequently Asked Questions

How big is the Carbon Black Market?

Carbon Black Market was valued at USD 21.35 Billion in 2023 and is projected to reach USD 31.05 Billion by 2030, growing at a CAGR of 4.7% during the forecasted period 2024 to 2030.

Who are the major players in the Carbon Black Market?

The leading Players in the market are Aditya Birla, Cabot Corporation, Orion Engineered Carbonss, Black Cat Carbon Black, China Synthetic Rubber Corporation (CSRC), Tokai Carbon Co. Ltd., Omsk, Phillips Carbon Black Limited, Sid Richardson, Longxing Chemical, HUADONG RUBBER MATERIAL, BAOHUA, JINNENG, DAGUANGMING GROUP.

Which segments are covered in the report of Carbon Black Market?

The Carbon Black Market is Segmented On The Basis Of Type, Application, And Geography.

Which regions are covered in the report that having a potential scope for the Carbon Black Market?

On the basis of Geography, The Carbon Black Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

How can I get a sample report of statistical data for the Carbon Black Market?

Verified Market Reports provides a sample report for the Carbon Black Market as per requirements. In addition to that, 24*7 chat support & direct call services are available for further assistance.