Global Carbon Black Market Analysis and Forecast 2019-2028
$2,800.00 – $5,440.00
Global demand for carbon black market is expected to reach by US$ 22.65 billion at 2028, and expected to grow, driven by increasing demand for efficient and reliable extraction methods in various industries
Market Introduction: Key Takeaways
The global carbon black market is expected to reach a value of US$ 22.65 billion by 2028, growing at a CAGR of 4.1% during the forecast period 2023-2028. The market is being driven by the increasing demand for carbon black in the automotive and construction industries. Carbon black is a form of elemental carbon that is produced by the incomplete combustion of hydrocarbons. It is widely used as a reinforcing agent in rubber and tire manufacturing, as well as in plastics, coatings, and other industrial applications.
Market Drivers and Trend Analysis
The key drivers of the global carbon black market include the increasing demand for carbon black in the automotive and construction industries, as well as the growing demand for specialty carbon black in high-performance applications such as batteries, electronics, and conductive polymers. Other trends driving the market include the shift towards sustainable and eco-friendly products, the growing use of carbon black in the production of plastics, and the increasing adoption of carbon black in emerging economies such as India, China, and Brazil.
Key Segmental Analysis
Based on type, the report identifies furnace black as the largest segment of the global carbon black market, accounting for the majority of the market share. This is due to its high purity and consistent quality, as well as its wide range of applications in rubber and tire manufacturing. Specialty carbon black is also expected to see significant growth in the coming years, driven by the increasing demand for high-performance applications.
Global and Regional Market Analysis – Based on Market Intelligence
Geographically, the Asia-Pacific region is the largest market for carbon black, accounting for more than 40% of the global market share. This is due to the high demand for carbon black in the tire and rubber industries in countries such as China, India, and Japan. North America and Europe are also significant markets for carbon black, driven by the growing demand for specialty carbon black in high-performance applications.
Competition Overview: Market Structure and Leading Players
The global carbon black market is highly competitive, with several leading market players operating in the industry.
Some of the prominent market players in the global carbon black market include Cabot Corporation, Birla Carbon, Orion Engineered Carbons, Phillips Carbon Black, Tokai Carbon, Sid Richardson Carbon & Energy Co., China Synthetic Rubber Corporation, Longxing Chemical Stock Co. Ltd., OMSK Carbon Group, OCI Company Ltd. among others.
These companies are focused on product innovation, strategic partnerships, and expansion into new markets to gain a competitive edge. Additionally, the market is characterized by the presence of several small and medium-sized players offering specialized products and services.
Key Market Segmentation: Global Carbon Black Market
Rationalstat has segmented the global carbon black market on the basis of application, type, region, end user.
- By Type
- Furnace Black
- Channel Black
- Thermal Black
- Acetylene Black
- Others
- By Grade
- Standard Grade
- Specialty Grade
- By Application
- Tire
- Non-tire Rubber
- Inks & Coatings
- Plastics
- Others
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Chile
- Peru
- Argentina
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic Countries
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Hungary
- Czech Republic
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Thailand, Philippines, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Egypt
- Sub-saharan
- Rest of the Middle East & Africa
- North America
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Primary Intelligence
- RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
- RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
- We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
- Strong language proficiency and capability with coverage across more than 70 language areas.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs
Why Buy this Report?
The report is intended for service providers, manufacturers, industry stakeholders, government organizations, marketing departments, R&D professionals, insurance organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
| REGION | Global |
|---|---|
| RELEASE YEAR | 2023 |
| RESEARCH CODE | RST-SAR-1543 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Carbon Black Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global and Regional Population Overview and Forecast
6.1.2. Per Capita Income by Countries
6.1.3. GDP Analysis and Forecast: 2018-2028
6.1.4. Food and Beverages Industry Overview
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Component Manufacturers and Suppliers
6.3.2. Manufacturers
6.3.3. Distributors
6.3.4. Product Suppliers
6.3.5. Maintenance and Service
6.3.6. End User
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Carbon Black Market: Key Investment Analysis
9.1. By Companies
9.2. By Region
9.3. M&A Activities
Robust assessment of major investments made by various industry players in the areas ranging from the application, production, key end users, etc.
10. EXIM Analysis: Trade
10.1.Import Data by Value (US$ Million) and Volume (‘000 Tons)
10.1.1. Major Importing Countries
10.1.2. Key Import Destinations
10.2.Export Data by Value (US$ Million) and Volume (‘000 Tons)
10.2.1. Major Exporting Countries
10.2.2. Key Export Destinations
11. Parent Market Overview: Global Chemical Market Overview (US$ Million)
12. Segmental Analysis
12.1.Global Carbon Black Market by Type in Terms of Value (US$ Million) and Volume (‘000 Tons)
12.1.1. Segment Overview
12.1.1.1. Furnace Black
12.1.1.2. Channel Black
12.1.1.3. Thermal Black
12.1.1.4. Acetylene Black
12.1.1.5. Others
12.2.Global Carbon Black Market by Grade in Terms of Value (US$ Million) and Volume (‘000 Tons)
12.2.1. Segment Overview
12.2.1.1. Standard Grade
12.2.1.2. Specialty Grade
12.3.Global Carbon Black Market by Application in Terms of Value (US$ Million) and Volume (‘000 Tons)
12.3.1. Segment Overview
12.3.1.1. Tire
12.3.1.2. Non-tire Rubber
12.3.1.3. Inks & Coatings
12.3.1.4. Plastics
12.3.1.5. Others
12.4.Global Carbon Black Market by Region in Terms of Value (US$ Million) and Volume (‘000 Tons)
12.4.1. North America
12.4.1.1. US
12.4.1.2. Canada
12.4.2. Latin America
12.4.2.1. Brazil
12.4.2.2. Mexico
12.4.2.3. Rest of Latin America
12.4.3. Western Europe
12.4.3.1. Germany
12.4.3.2. UK
12.4.3.3. France
12.4.3.4. Spain
12.4.3.5. Italy
12.4.3.6. Benelux
12.4.3.7. Nordic
12.4.3.8. Rest of Western Europe
12.4.4. Eastern Europe
12.4.4.1. Russia
12.4.4.2. Poland
12.4.4.3. Rest of Eastern Europe
12.4.5. Asia Pacific
12.4.5.1. China
12.4.5.2. Japan
12.4.5.3. India
12.4.5.4. South Korea
12.4.5.5. Australia
12.4.5.6. ASEAN (Indonesia, Vietnam, Malaysia, etc.)
12.4.5.7. Rest of Asia Pacific
12.4.6. Middle East & Africa
12.4.6.1. GCC
12.4.6.2. South Africa
12.4.6.3. Turkey
12.4.6.4. Rest of the Middle East & Africa
13. Regional Analysis
13.1.North America Carbon Black Market Analysis and Forecast 2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America Carbon Black Market by Type
13.1.3. North America Carbon Black Market by Grade
13.1.4. North America Carbon Black Market by Application
13.1.5. North America Carbon Black Market by Region
13.1.5.1. US
13.1.5.2. Canada
13.2.Latin America Carbon Black Market Analysis and Forecast 2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America Carbon Black Market by Type
13.2.3. Latin America Carbon Black Market by Grade
13.2.4. Latin America Carbon Black Market by Application
13.2.5. Latin America Carbon Black Market by Region
13.2.5.1. Brazil
13.2.5.2. Mexico
13.2.5.3. Rest of Latin America
13.3.Western Europe Carbon Black Market Analysis and Forecast 2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe Carbon Black Market by Type
13.3.3. Western Europe Carbon Black Market by Grade
13.3.4. Western Europe Carbon Black Market by Application
13.3.5. Western Europe Carbon Black Market by Region
13.3.5.1. Germany
13.3.5.2. UK
13.3.5.3. France
13.3.5.4. Spain
13.3.5.5. Italy
13.3.5.6. Benelux
13.3.5.7. Nordic
13.3.5.8. Rest of Western Europe
13.4.Eastern Europe Carbon Black Market Analysis and Forecast 2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe Carbon Black Market by Type
13.4.3. Eastern Europe Carbon Black Market by Grade
13.4.4. Eastern Europe Carbon Black Market by Application
13.4.5. Eastern Europe Carbon Black Market by Region
13.4.5.1. Russia
13.4.5.2. Poland
13.4.5.3. Rest of Eastern Europe
13.5.Asia Pacific Carbon Black Market Analysis and Forecast 2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific Carbon Black Market by Type
13.5.3. Asia Pacific Carbon Black Market by Grade
13.5.4. Asia Pacific Carbon Black Market by Application
13.5.5. Asia Pacific Carbon Black Market by Region
13.5.5.1. China
13.5.5.2. Japan
13.5.5.3. India
13.5.5.4. South Korea
13.5.5.5. Australia
13.5.5.6. ASEAN (Indonesia, Vietnam, Malaysia, etc.)
13.5.5.7. Rest of Asia Pacific
13.6.Middle East & Africa Carbon Black Market Analysis and Forecast 2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa Carbon Black Market by Type
13.6.3. Middle East & Africa Carbon Black Market by Grade
13.6.4. Middle East & Africa Carbon Black Market by Application
13.6.5. Middle East & Africa Carbon Black Market by Region
13.6.5.1. GCC
13.6.5.2. South Africa
13.6.5.3. Turkey
13.6.5.4. Rest of the Middle East & Africa
14. Competitive Landscape
14.1.Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2.Competitive Benchmarking
14.3.Key Strategy Analysis
14.4.Company Profiles: Carbon Black, Hardware, Software, Maintenance & Installation Providers
14.4.1. Cabot Corporation
14.4.1.1. Company Overview
14.4.1.2. Product/Service Offerings
14.4.1.3. Financials
14.4.1.4. Recent Developments
14.4.2. Birla Carbon
14.4.2.1. Company Overview
14.4.2.2. Product/Service Offerings
14.4.2.3. Key Financials
14.4.2.4. Recent Developments
14.4.3. Orion Engineered Carbons
14.4.3.1. Company Overview
14.4.3.2. Product/Service Offerings
14.4.3.3. Key Financials
14.4.3.4. Recent Developments
14.4.4. Phillips Carbon Black
14.4.4.1. Company Overview
14.4.4.2. Product/Service Offerings
14.4.4.3. Key Financials
14.4.4.4. Recent Developments
14.4.5. Tokai Carbon
14.4.5.1. Company Overview
14.4.5.2. Product/Service Offerings
14.4.5.3. Key Financials
14.4.5.4. Recent Developments
14.4.6. Sid Richardson Carbon & Energy Co.
14.4.6.1. Company Overview
14.4.6.2. Product/Service Offerings
14.4.6.3. Key Financials
14.4.6.4. Recent Developments
14.4.7. China Synthetic Rubber Corporation
14.4.7.1. Company Overview
14.4.7.2. Product/Service Offerings
14.4.7.3. Key Financials
14.4.7.4. Recent Developments
14.4.8. Longxing Chemical Stock Co. Ltd.
14.4.8.1. Company Overview
14.4.8.2. Product/Service Offerings
14.4.8.3. Key Financials
14.4.8.4. Recent Developments
14.4.9. OMSK Carbon Group
14.4.9.1. Company Overview
14.4.9.2. Product/Service Offerings
14.4.9.3. Key Financials
14.4.9.4. Recent Developments
14.4.10. OCI Company Ltd.
14.4.10.1. Company Overview
14.4.10.2. Product/Service Offerings
14.4.10.3. Key Financials
14.4.10.4. Recent Developments
**A comprehensive list of Carbon Black manufacturers will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities.
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Research Methodology
Complete Table of Contents, List of Charts and Tables
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