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Carbon Black Market Trends, Share Analysis, Growth Factors, and Forecast 2025-2033

  • Writer: Rahul Pal
    Rahul Pal
  • Dec 18, 2024
  • 4 min read

According to the latest report by IMARC Group, titled “Carbon Black Market Size, Share, Trends and Forecast by Type, Grade, Application, and Region, 2025-2033”, offers a comprehensive analysis of the industry, which comprises insights on the global carbon black market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market.


The global carbon black market size was valued at USD 17.9 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 25.4 Billion by 2033, exhibiting a CAGR of 3.57% from 2025-2033.



Carbon Black Market Dynamic:


Increasing Demand for Carbon Black in Automotive Applications:


The automotive industry is still the most significant user of carbon black due to the fact that it is fundamental to the production of tires and parts of the vehicles. The emergence of electric cars and the global awareness of fuel economy are causing the tire makers to use new grades of carbon black so as to improve the durability, performance, and the energy efficiency of the tires.


Further, its application in manufacturing lightweight and strong parts in electric and conventional vehicles is further increasing its demand. There are now new formulations such as low rolling resistance and high-reinforcement carbon blacks that meet the demands of next generation automobile so that the material remains relevant in the future automotive market. This phenomenon underlines the relationship between technology advancement and the expansion of the market, placing the automotive industry at the center of the carbon black market.


Expanding Applications in Plastics and Coatings:


Besides, carbon black is expanding its use in batteries and coatings industries due to its excellent reinforcement, UV resistance and conductive abilities. In plastics, it extends to increasing mechanical strength of the plastics and its durability for used in product in particular packaging, electrical components as well as construction. The coatings industry uses carbon black including coloring for the coatings, to civil aviation, construction and consumer products.


The growing trend towards specialty carbon blacks that offer better performance and more control over dispersion and colour of the material are pointing towards the increasing significance of the material in value added uses. Also, due to the focus of industries on sustainability, developments in bio and recycled carbon black are further increasing its range, while meeting global environmental objectives and compliance.


Regional Shifts in Production and Consumption:


The carbon black market is moving greatly from region to region with the Asia Pacific region becoming more central to the manufacture and use of carbon black. This is compounded by vigorous industrialization, growth of the automotive industry and investment in infrastructure projects in China and India. At the same time, environmental initiatives being championed in North America and Europe are causing manufacturers to adopt green measures in their production and relocate their production capacity to greener areas.


The development of site- based production units and new collusions with suppliers of raw materials are ensuring affordability and supply chain viability. Such changes of tension within regions have changed the competitive nature of international markets by providing new ways and opportunities but at the same time dealing with region oriented issues.


By the IMARC Group, Some of the Top Competitive Landscape Operating in the Global Carbon Black Market are Given Below:


  • Cabot Corporation

  • Thai Carbon Black Public Company Limited (Birla Carbon)

  • Orion Engineered Carbons S.A.

  • Phillips Carbon Black Limited

  • Tokai Carbon Co., Ltd.

  • Omsk Carbon Group OOO

  • Jiangxi Black Cat Carbon Black Inc., Ltd.

  • OCI Company Ltd.

  • China Synthetic Rubber Corporation


Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/carbon-black-market


Global Carbon Black Market Trends:


As such, the dynamics of the carbon black industry are changing rapidly due to the need to be sustainable and change technological and market consumer requirements. Circular economy principles accelerate the invention of recycled and sustainable carbon blacks while lowering the environmental impact with regard to performance standards. At the same time, the production of plasma based processes has the potential to produce higher grade carbon black with less energy consumption.


The variation of the applications, especially on involving the younger markets of 3D printing and renewable energy, show the flexibility of the material. In the context of the global economy where the issues of sustainability and resilience will continue to be at the heart of the agenda, the carbon black market is likely to be critical in meeting the needs of diverse and green industries.


Key Market Segmentation:


Analysis by Type: 


  • Furnace Black

  • Channel Black

  • Thermal Black

  • Acetylene Black

  • Others


Analysis by Application:


  • Tire

  • Non-Tire Rubber

  • Plastics

  • Inks and Coatings

  • Others


Regional Insights:


  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)


Key highlights of the Report:


  • Market Performance

  • Market Outlook 

  • COVID-19 Impact on the Market

  • Porter’s Five Forces Analysis

  • Historical, Current and Future Market Trends

  • Market Drivers and Success Factors

  • SWOT Analysis

  • Structure of the Market

  • Value Chain Analysis

  • Comprehensive Mapping of the Competitive Landscape


Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


About Us


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 
 
 

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