Carbon Black Market size was valued at US$ 20.25 Bn. in 2022 and the total Carbon Black Market revenue is expected to grow at 5 % from 2022 to 2029, reaching nearly US$ 28.5 Bn.

Market Values:

  • Market Size in 2022: US$ 20.25 Billion
  • Expected Growth Rate (2022-2029): 5%
  • Projected Market Revenue by 2029: Nearly US$ 28.5 Billion

Report Scope: The comprehensive analysis of the global carbon black market explores past, present, and future developments. This research offers insights into market dynamics, utilizing the PORTER and PESTEL assessments. New entrants, market leaders, and followers will benefit from a clear perspective on microeconomic elements, considering internal and external factors affecting organizations positively or negatively. The report provides segmentation analysis, market size forecasts, and a buyer's guide for understanding key market dynamics.

Research Methodology: The research methodology involves gathering data on main suppliers' revenues, segmenting the market based on type, grade, and application. In-depth interviews with industry leaders were conducted for primary research, and a bottom-up approach was employed to calculate market size. Key players in the global carbon black market include Cabot Corporation, Thai Carbon Black Public Company Limited, Orion Engineered Carbons SA, Phillips Carbon Black Limited, and Tokai Carbon Co., Ltd. These players are expected to pursue mergers and acquisitions for market share and growth during the forecast period.

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Market Dynamics: Market Drivers:

  • Rapid growth in the rubber industry
  • Increased demand from construction, consumer goods, electronics, automotive, and rubber industries

Market Restraints:

  • Harmful gas emissions during production
  • Strict environmental regulations

Market Opportunities:

  • Growing consumer demand for plastic goods
  • High demand for carbon black in the electronic industry

Market Trends:

  • Tyres and industrial rubber goods segment holds over 85% market share
  • Increasing demand for natural rubber fuels carbon black demand
  • R&D-intensive activities drive competition in high-grade carbon production

Competitive Landscape: R&D-intensive activities are a primary strategy in the highly competitive market. Companies focus on creating rare carbon black materials through research and development, partnerships, and acquisitions. Orion stands out as one of the leading manufacturers globally, producing various types of carbon blacks.

Segment Analysis: Type:

  • Furnace Black segment expected to grow at the highest CAGR
  • Channel Black, Thermal Black, Acetylene Black, and Others also considered

Grade:

  • Standard Grade segment expected to grow at the highest CAGR
  • Specialty Grade market anticipated to increase with applications in plastic and inks & coatings industries

Application:

  • Tire segment expected to grow at the highest CAGR
  • Non-Tire Rubber, Inks & Coating, Plastics, and Others also analyzed

Regional Insights: In 2021, Asia Pacific led the global carbon black market with a worth of USD 7.30 billion. China dominates the market with the largest production capacity globally. The Carbon Black Oil (CBO)/Coal Tar pathway is the main method in China for carbon black production. North America is experiencing market growth, driven by increased use of furnace black and adoption of specialized grades.

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What is  Carbon Black Market    Segmentation?

by Type

Furnace Black
Channel Black
Thermal Black
Acetylene Black
Others


by Grade

Standard Grade
Specialty Grade

Who are  Carbon Black Market    Key Players?

1. Cabot Corporation
2. Thai Carbon Black Public Company Limited
3. Orion Engineered Carbons SA
4. Phillips Carbon Black Limited
5. Tokai Carbon Co., Ltd.
6. Omsk Carbon Group
7. Jiangxi Black Cat Carbon Black Inc., Ltd.
8. OCI Company Ltd.
9. China Synthetic Rubber Corporation
10. Sid Richardson Carbon & Energy Co.
11. Mitsubishi Chemical Corporation
12. Yunan Yunwei Feihu Chemicals
13. Qujin Zongyi Chemicals
14. Shandong Best Chemicals
15. Liaobin Carbon Black
16. Shanxi Yongdong Chemicals
17. Shanxi Anlun Chemicals
18. Shanxi Sanqiang New Energy Technology Co. Ltd.
19. Longxing Chemicals
20. CSRC Group

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/carbon-black-market/126753/ 

Table of content for the  Carbon Black Market    includes: 

  1. Global  Carbon Black Market    : Research Methodology 
  2. Global  Carbon Black Market    : Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry 
  1. Global  Carbon Black Market    : Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact 
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Carbon Black Market   Size, Share, Size & Forecast by different segment |
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Carbon Black Market   Segmentation – A detailed analysis by Product
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations 

 

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