Product Code: SR0122A55_Report
The global carbon black market reached a value of US$ 15.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.8 Billion by 2027, exhibiting a CAGR of 5.56% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products.
The growing automotive industry is one of the key factors driving the market growth. Carbon black is extensively used in the inner liners, sidewalls and treads of tires as it increases their strength and longevity. It is also applied in various extruded and molded industrial rubber products such as air springs, belts, hoses, gaskets and types of conveyor wheels and grommets. Furthermore, the flourishing construction and manufacturing sectors are also driving the market growth. These sectors extensively utilize industrial rubber and other related equipment, in which carbon black forms an integral part. Moreover, in the paints and coatings industry, it is used in jet black paints which act as a protective coating to various products. Apart from this, as the mixture of carbon black and cement results in an enhanced uniformity, surface hardness, tensile strength and compressive strength, there has been an increase in the demand for carbon black in the construction industry.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global carbon black market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on type, grade and application.
Breakup by Type:
- Furnace Black
- Channel Black
- Thermal Black
- Acetylene Black
- Others
Breakup by Grade:
- Standard Grade
- Specialty Grade
Breakup by Application:
- Tire
- Non-Tire Rubber
- Plastics
- Inks and Coatings
- Others
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analysed the competitive landscape of the global carbon black market with some of the key players being 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, SID Richardson Carbon & Energy Co., etc. Key Question Answered in this Report
- 1. What is the size of the global carbon black market?
- 2. What are the key factors driving the global carbon black market?
- 3. What has been the impact of COVID-19 on the global carbon black market?
- 4. What is the breakup of the global carbon black market based on the type?
- 5. What is the breakup of the global carbon black market based on the application?
- 6. What are the key regions in the global carbon black market?
- 7. Who are the key players/companies in the global carbon black market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Carbon Black Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Type
- 5.5 Market Breakup by Grade
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Type
- 6.1 Furnace Black
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Channel Black
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Thermal Black
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Acetylene Black
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Grade
- 7.1 Standard Grade
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Specialty Grade
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Tire
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Non-Tire Rubber
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Plastics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Inks and Coatings
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 Asia Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 North America
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Cabot Corporation
- 14.3.2 Thai Carbon Black Public Company Limited (Birla Carbon)
- 14.3.3 Orion Engineered Carbons S.A.
- 14.3.4 Phillips Carbon Black Limited
- 14.3.5 Tokai Carbon Co., Ltd.
- 14.3.6 Omsk Carbon Group OOO
- 14.3.7 Jiangxi Black Cat Carbon Black Inc., Ltd.
- 14.3.8 OCI Company Ltd.
- 14.3.9 China Synthetic Rubber Corporation
- 14.3.10 SID Richardson Carbon & Energy Co.