Carbon Black Market Research Report By Process (Furnace Black, Thermal Black, Acetylene Black, and Others), By Grade (Standard Grade and Specialty Grade), By Application (Tire, Non-Tire Rubber, Inks & Toners, Plastics, and Others), and by Region- Global Forecast to 2034
May-2025 Formats | PDF | Category: Chemical | Delivery: 24 to 72 Hours
“The Carbon Black Market industry is expected to expand from 28.89 Billion in 2025 to $ 43.65 Billion in 2034, with a compound annual growth rate of 4.9% “
Carbon Black Market: Overview and Growth in the Upcoming Year
The market for carbon black is experiencing a sharp rise in demand as a result of the increasing use of carbon black in a number of end-use industries, such as electronics, construction, and the automotive sector. This article will provide an overview of the carbon black market and discuss its projected growth in the upcoming year.
Carbon black is a form of elemental carbon that is produced when heavy petroleum products are not completely burned. It is used as a reinforcing agent in rubber products and as a pigment in inks, coatings, and plastics. Carbon black is an essential part of many industrial processes due to its remarkable tensile strength and abrasion resistance.
It is projected that the increasing demand for carbon black in the automotive and construction industries will support the global carbon black market’s steady growth in the years to come. The industry is also benefiting from the growing popularity of electric vehicles, which require a lot of carbon black for their battery electrodes and tyres.
One of the primary drivers of the growth of the carbon black market is the increasing demand for high-performance tyres in the automotive industry. Carbon black is added to rubber compounds to improve their strength, durability, and longevity, making them suitable for a variety of road conditions. Additionally, the construction industry is driving the need for carbon black in applications like concrete reinforcement and waterproofing membranes.
In the very competitive carbon black market, several large companies are vying for market supremacy. Among the leading companies in the sector are Phillips Carbon Black Limited, Birla Carbon, Cabot Corporation, and Orion Engineered Carbons. These companies are focusing on strategic alliances, acquisitions, and new product development in order to gain a competitive edge in the market.
For Insights Consultancy’s latest market intelligence study, “Global Carbon Black Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 110+ is available for purchase to all the interested stakeholders.
Top Companies Covered In This Report:
- Cabot Corporation (U.S.)
- Birla Carbon Thailand Public Co. Ltd. (Thailand)
- Orion Engineered Carbons SA (Germany)
- Ralson Carbon Company (India)
- Coraplus PTE. LTD. (Singapore)
- Phillips Carbon Black Limited (India)
- Omsk Carbon Group (Germany)
- OCI COMPANY Ltd. (South Korea)
- Himadri Speciality Chemicals Ltd. (India)
- Longxing Chemical Industry Co., Ltd. (China)
- TOKAI CARBON CO., LTD. (Japan)
Industry News
November 11, 2024 Cabot Corporation to Increase Prices Globally for Carbon Black Products Sold by its Specialty Carbons Business.
Effective for all shipments on or after December 1, 2024, or as contracts allow, Cabot Corporation will raise prices globally for carbon black products sold by its specialty carbons business. This price increase is necessitated due to the impact of inflation on labor, maintenance and other manufacturing operations as well as supply chain related costs. The increase will vary by product and geography.
11/04/2024 Orion S.A. to Increase Prices for Certain Specialty Carbon Black Grades
Orion S.A., a global specialty chemicals company, today announced it is raising prices for all Specialty carbon black grades produced in Europe as well as for NEROX® made in South Korea. The increase will be communicated individually to customers and will vary depending on the product, manufacturing process and location.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment By Process
- Furnace Black
- Thermal Black
- Acetylene Black
- Others
Segment By Grade
- Standard Grade
- Specialty Grade
Segment By Application
- Tire
- Non-Tire Rubber
- Inks & Toners
- Plastics
- Others
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Carbon Black Market for all of the regions and countries listed below:
North America includes the United States, Canada, and Mexico.
Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
South America (including Brazil, Argentina, and the rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Carbon Black Market in that country.
North America
With the United States at the forefront of both production and consumption, North America is a significant market for carbon black. The demand for carbon black has been significantly influenced by the expansion of the automotive sector in the area. The presence of major tyre manufacturing companies in the US further boosts the market. Canada and Mexico are also significant participants in the North American carbon black market, where sustainability and environmental regulations are becoming increasingly significant.
Europe
Europe is another big market for carbon black, with countries like Germany, France, and the UK at the forefront of the industry. Due to Europe’s stringent vehicle emissions regulations, the automotive industry has a high demand for high-performance carbon black. The region’s increasing use of electric vehicles is driving market expansion. The existence of significant players and technological advancements in countries like Spain and Italy are also contributing to the industry’s growth.
Asia-Pacific
Asia Pacific is the carbon black market with the fastest rate of growth, driven by countries such as China and India. The rapid industrialisation and urbanisation of these countries has significantly contributed to the market’s expansion. Additionally, the growing automotive and construction industries in Asia Pacific create a substantial demand for carbon black. Other countries like South Korea and Japan also have a big impact on the dynamics of the regional market, with a focus on innovation and sustainability driving market trends.
Middle East and Africa
Moving on to the Middle East, Saudi Arabia, the United Arab Emirates, and Qatar are significant players in the carbon black market there. Because of the Middle East’s substantial oil reserves, which have attracted significant investments in industries like petrochemicals, there is a need for carbon black. As the importance of diversifying the economy and reducing dependency on oil increases, the market is growing. Additionally, the need for carbon black has grown as a result of the Middle East’s expanding industrial zones and infrastructure.
The research provides answers to the following key questions:
- What is the expected growth rate of the Carbon Black Market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Carbon Black Market?
- What are the prominent market trends influencing the market’s development?
Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Carbon Black Market business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
3) We will incorporate the same with no additional cost (Post conducting feasibility).
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Table of Contents
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