Description
Carbon Black Market Share, Size, Trends, Industry Analysis Report, By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, and Others); By Grade; By Application; By Region; Segment Forecast, 2023-2032 The global carbon black market size is expected treach USD 20.64 billion by 2032, according ta 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, and Others); By Grade; By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Extensive rise in the demand for carbon black from a wide range of industries, including consumer goods, construction, rubber, automotive, and electronics, owing tits various beneficial characteristics and physical properties, including excellent strength and antistatic properties along with the different supportive investment policy and high infrastructure development in countries like China, Indonesia, Brazil, and India are among the prominent factors driving the market growth.
Moreover, many black carbon manufacturing companies are engaging in extensive R&D activities and introducing several new products tstrengthen their position and cater tthe product demand, likely tcreate lucrative growth opportunities over the coming years. For instance, in March 2022, Orion Engineered established a new production line for black carbon production in Italy. The new 25 KT line of the facility will produce both specialty & technical rubber carbon blacks, mainly for the European market. The new facility converts the waste heat intemployable electricity that generates up t120 MWh annually.
With the rapid increase in the global population and industrialization, especially in developing economies, tprovide high infrastructure growth, the stringent performance requirements & liabilities in various sub-sectors are likely tfuel the demand for superior-quality carbon blacks. Industries are always looing for better-performing products like higher levels of chemical and physical cleanliness and the ability tmeet several regulatory requirements.
Carbon Black Market Report Highlights
Furnace black segment accounted for significant global market share in 2022, on account of increasing adoption of this type of product in the production of color pigments and rubber reinforcement
Standard grade segment is anticipated thold largest market share over the projected period, which is mainly driven by growth in the adoption and usage for making wires & cables and tires
Tire segment dominated the market in 2022, which is highly accelerated by tremendous rise in the demand form automobile industry due tthe widespread use of carbon black in variety of automotive parts
Asia Pacific region is expected tgrow at a considerable CAGR during the forecast period, owing texponential growth of various end-use industries and presence of the large manufacturing facilities in countries like India, China, and South Korea
The global key market players include Cabot Corporation, Longxing Chemical, Mitsubishi Chemical Holdings, Atlas Organics, and Himadri Specialty Chemicals
Polaris Market Research has segmented the carbon black market report based on type, grade, application, and region:
Carbon Black, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Furnace Black
Channel Black
Thermal Black
Acetylene Black
Others
Carbon Black, Grade Outlook (Revenue - USD Billion, 2019 - 2032)
Standard Grade
Specialty Grade
Carbon Black, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Tire
Non-Tire Rubber
Inks & Coatings
Plastics
Others
Carbon Black, Regional Outlook (Revenue - USD Billion, 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
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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 2.1. Market Highlights 3. Research Methodology 3.1. Overview 3.1.1. Data Mining 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. Increase in penetration of carbon black in automotive industry 4.2.1.2. Need for green alternatives to reduce carbon footprints 4.2.2. Restraints and Challenges 4.2.2.1. Implementation of stringent guidelines toward use of carbon black 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 Billion) 5.3. Furnace Black 5.3.1. Global Carbon Black Market, by Furnace Black, by Region, 2019-2032 (USD Billion) 5.4. Channel Black 5.4.1. Global Carbon Black Market, by Channel Black, by Region, 2019-2032 (USD Billion) 5.5. Thermal Black 5.5.1. Global Carbon Black Market, by Thermal Black, by Region, 2019-2032 (USD Billion) 5.6. Acetylene Black 5.6.1. Global Carbon Black Market, by Acetylene Black, by Region, 2019-2032 (USD Billion) 5.7. Others 5.7.1. Global Carbon Black Market, by Thermal Black, by Region, 2019-2032 (USD Billion) 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 Billion) 6.3. Tire 6.3.1. Global Carbon Black Market, by Tire, by Region, 2019-2032 (USD Billion) 6.4. Non-Tire Rubber 6.4.1. Global Carbon Black Market, by Non-Tire Rubber, by Region, 2019-2032 (USD Billion) 6.5. Inks & Coatings 6.5.1. Global Carbon Black Market, by Inks & Coatings, by Region, 2019-2032 (USD Billion) 6.6. Plastics 6.6.1. Global Carbon Black Market, by Plastics, by Region, 2019-2032 (USD Billion) 6.7. Others 6.7.1. Global Carbon Black Market, by Others, by Region, 2019-2032 (USD Billion) 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 Billion) 7.3. Standard Grade 7.3.1. Global Carbon Black Market, by Standard Grade, By Region, 2019-2032 (USD Billion) 7.4. Specialty Grace 7.4.1. Global Carbon Black Market, by Specialty Grace, By Region, 2019-2032 (USD Billion) 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 Billion) 8.3. Carbon Black Market – North America 8.3.1. North America: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.3.2. North America: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.3.3. North America: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.3.4. Carbon Black Market – U.S. 8.3.4.1. U.S.: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.3.4.2. U.S.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.3.4.3. U.S.: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.3.5. Carbon Black Market – Canada 8.3.5.1. Canada: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.3.5.2. Canada.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.3.5.3. Canada: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4. Carbon Black Market – Europe 8.4.1. Europe: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.2. Europe.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.3. Europe: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.4. Carbon Black Market – UK 8.4.4.1. UK: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.4.2. UK.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.4.3. UK: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.5. Carbon Black Market – France 8.4.5.1. France: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.5.2. France.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.5.3. France: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.6. Carbon Black Market – Germany 8.4.6.1. Germany: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.6.2. Germany.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.6.3. Germany: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.7. Carbon Black Market – Italy 8.4.7.1. Italy: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.7.2. Italy.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.7.3. Italy: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.8. Carbon Black Market – Spain 8.4.8.1. Spain: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.8.2. Spain.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.8.3. Spain: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.9. Carbon Black Market – Netherlands 8.4.9.1. Netherlands: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.9.2. Netherlands.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.9.3. Netherlands: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.4.10. Carbon Black Market – Russia 8.4.10.1. Russia: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.4.10.2. Russia.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.4.10.3. Russia: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5. Carbon Black Market – Asia Pacific 8.5.1. Asia Pacific: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.2. Asia Pacific.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.3. Asia Pacific: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.4. Carbon Black Market – China 8.5.4.1. China: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.4.2. China.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.4.3. China: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.5. Carbon Black Market – India 8.5.5.1. India: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.5.2. India.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.5.3. India: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.6. Carbon Black Market – Malaysia 8.5.6.1. Malaysia: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.6.2. Malaysia.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.6.3. Malaysia: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.7. Carbon Black Market – Japan 8.5.7.1. Japan: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.7.2. Japan.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.7.3. Japan: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.8. Carbon Black Market – Indonesia 8.5.8.1. Indonesia: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.8.2. Indonesia.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.8.3. Indonesia: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.5.9. Carbon Black Market – South Korea 8.5.9.1. South Korea: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.5.9.2. South Korea.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.5.9.3. South Korea: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.6. Carbon Black Market – Middle East & Africa 8.6.1. Middle East & Africa: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.6.2. Middle East & Africa.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.6.3. Middle East & Africa: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.6.4. Carbon Black Market – Saudi Arabia 8.6.4.1. Saudi Arabia: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.6.4.2. Saudi Arabia.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.6.4.3. Saudi Arabia: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.6.5. Carbon Black Market – UAE 8.6.5.1. UAE: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.6.5.2. UAE.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.6.5.3. UAE: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.6.6. Carbon Black Market – Israel 8.6.6.1. Israel: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.6.6.2. Israel.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.6.6.3. Israel: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.6.7. Carbon Black Market – South Africa 8.6.7.1. South Africa: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.6.7.2. South Africa.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.6.7.3. South Africa: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.7. Carbon Black Market – Latin America 8.7.1. Latin America: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.7.2. Latin America.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.7.3. Latin America: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.7.4. Carbon Black Market – Mexico 8.7.4.1. Mexico: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.7.4.2. Mexico.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.7.4.3. Mexico: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.7.5. Carbon Black Market – Brazil 8.7.5.1. Brazil: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.7.5.2. Brazil.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.7.5.3. Brazil: Carbon Black Market, by Application, 2019-2032 (USD Billion) 8.7.6. Carbon Black Market – Argentina 8.7.6.1. Argentina: Carbon Black Market, by Type, 2019-2032 (USD Billion) 8.7.6.2. Argentina.: Carbon Black Market, by Grade, 2019-2032 (USD Billion) 8.7.6.3. Argentina: Carbon Black Market, by Application, 2019-2032 (USD Billion) 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. Birla Carbon Thailand Public 10.1.1. Company Overview 10.1.2. Financial PerApplicationance 10.1.3. Application Benchmarking 10.1.4. Recent Development 10.2. Cabot Corporation 10.2.1. Company Overview 10.2.2. Financial PerApplicationance 10.2.3. Application Benchmarking 10.2.4. Recent Development 10.3. Orion Engineered Carbons 10.3.1. Company Overview 10.3.2. Financial PerApplicationance 10.3.3. Application Benchmarking 10.3.4. Recent Development 10.4. Philips Carbon Black 10.4.1. Company Overview 10.4.2. Financial PerApplicationance 10.4.3. Application Benchmarking 10.4.4. Recent Development 10.5. CSRC Group 10.5.1. Company Overview 10.5.2. Financial PerApplicationance 10.5.3. Application Benchmarking 10.5.4. Recent Development 10.6. Himadri Specialty Chemicals 10.6.1. Company Overview 10.6.2. Financial PerApplicationance 10.6.3. Application Benchmarking 10.6.4. Recent Development 10.7. Longxing Chemical Industry 10.7.1. Company Overview 10.7.2. Financial PerApplicationance 10.7.3. Application Benchmarking 10.7.4. Recent Development 10.8. Mitsubishi Chemical 10.8.1. Company Overview 10.8.2. Financial PerApplicationance 10.8.3. Application Benchmarking 10.8.4. Recent Development 10.9. Omsk Carbon 10.9.1. Company Overview 10.9.2. Financial PerApplicationance 10.9.3. Application Benchmarking 10.9.4. Recent Development 10.10. OCI Company 10.10.1. Company Overview 10.10.2. Financial PerApplicationance 10.10.3. Application Benchmarking 10.10.4. Recent Development 10.11. Atlas Organics 10.11.1. Company Overview 10.11.2. Financial PerApplicationance 10.11.3. Application Benchmarking 10.11.4. Recent Development 10.12. International China Oak Investment 10.12.1. Company Overview 10.12.2. Financial PerApplicationance 10.12.3. Application Benchmarking 10.12.4. Recent Development