[Research Report] The carbon black market size is expected to grow from US$ 13,620.57 million in 2022 to US$ 18,514.57 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
Market Insights and Analyst View:
Carbon black is produced by the thermal decomposition method or the partial combustion method using hydrocarbons such as oil or natural gas as raw material. Carbon black is available as powder or beads. Depending on the manufacturing process, carbon black's characteristics vary; hence, carbon black is classified by manufacturing process. Different processes used for manufacturing carbon black are the furnace black process, channel process, acetylene black process, lampblack process, etc. The furnace black process is the most common method used for carbon black manufacturing. Carbon black is used in automotive, inks and coatings, plastics, and other industries.
Growth Drivers and Challenges:
Carbon black plays a significant role in developing high-performance electrical and mechanical properties for tough elastic polymeric substances such as rubber. Thus, carbon black is widely used to manufacture reinforcing and pigment phases in automobile tires due to its ability to increase tire life by reducing thermal damage. Materials used in manufacturing car tires are considered a major factor in the comfort and safety aspects of automotive design. Carbon black is an additive in the rubber used to manufacture tires that significantly improves tensile strength and abrasion resistance when compounded into the polymer matrix. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2021, developing economies in South America, Asia-Oceania, and Africa reported significant growth in the production of automobiles. Automotive production increased by 18% in South America, 6% in Asia-Oceania, and 16% in Africa in 2021 compared to 2020. With the rising number of automobiles across the world and continuous improvements in their performance, the carbon black market size is increasing for rubber and automotive tire manufacturing. However, according to the article “Nature of Carbon Black Reinforcement of Rubber: Perspective on the Original Polymer Nanocomposite”, every year, ~ 13.6 million metric tons of carbon black is produced across the world, most of it through incomplete combustion of fossil fuels, causing emissions of 31.8-36.3 million metric tons of carbon dioxide (CO2). Hence, the high carbon emission by virgin carbon black is expected to restrain the carbon black market growth during the forecast period.
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Carbon Black Market: Strategic Insights
Market Size Value in US$ 13,620.57 million in 2022 Market Size Value by US$ 18,514.57 million by 2028 Growth rate CAGR of 5.2% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Carbon Black Market: Strategic Insights
| Market Size Value in | US$ 13,620.57 million in 2022 |
| Market Size Value by | US$ 18,514.57 million by 2028 |
| Growth rate | CAGR of 5.2% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Report Segmentation and Scope:
The “Global Carbon Black Market” is segmented based on type, grade, application, and geography. Based on type, the carbon black market is segmented into acetylene black, channel black, furnace black, thermal black, and others. The carbon black market is segmented based on grade into standard grade and specialty grade. The carbon black market is segmented based on application into tire, non-tire rubber, plastics, inks & coatings, and others. The carbon black market based on geography is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, El Salvador, and Rest of South & Central America)
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Segmental Analysis:
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Based on type, the carbon black market is segmented into acetylene black, channel black, furnace black, thermal black, and others. The furnace black segment holds a significant carbon black market share and is expected to register significant growth over the forecast period. The furnace black process forms carbon black by blowing petroleum oil or coal oil as raw material (feedstock oil) into high-temperature gases to combust them partially. Due to high yield and wide control over properties such as particle size or structure, this method is suitable for mass production. Currently, the furnace black process is the most common method used for producing carbon black for various applications such as rubber reinforcement and others.
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Regional Analysis:
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Based on geography, the carbon black market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The global carbon black market was dominated by Asia Pacific, which accounted for near about US$ 7,439 Million in 2021. Europe is one of the major contributors to the global carbon black market growth. North America is expected to register considerable growth at a CAGR of over 4.7% over the forecast period. The US, Canada, and Mexico are among the major economies in North America. Increasing automotive production in the region is a major factor affecting the growth of the carbon black market. According to American Automotive Policy Council (AAPC), ~18 million units of motor vehicles were produced in 2021, which is the highest percentage of production in the last ten years. Carbon black is a rubber-reinforcing additive used in various rubber products. In the automotive industry, the rising tire production in the region is creating lucrative opportunities for the carbon black market, as the product is used to manufacture tires. In North America, there are more than 425 brands of tires, with the US being the most attractive market in the region. Further, the number of tire manufacturers in the US is growing due to the increase in the entry of new players and a rise in the requirement of tires from the automotive industry, which is fueling the carbon black market growth in North America.
Industry Developments and Future Opportunities:
Various initiatives taken by the key players operating in the carbon black market are listed below:
- In 2022,Cancarb Limited launched Thermax N990CG, a low PAH grade of medium thermal carbon black. Thermax N990CG can be used in plastics, metallurgy, refractories, and adhesives.
- In 2021, Cabot Corp launched VULCAN 3-LP carbon black, a new low polycyclic aromatic hydrocarbon (PAH) product for rubber applications. The launched product is a pelletized reinforcing carbon black that is engineered for end-use rubber products that need a higher reinforcement, strength, abrasion, and tearing resistance level than semi-reinforcing carbon blacks.
- In 2021, Orion Engineered Carbons SA launched Ecorax Nature renewable carbon black produced for the tire industry. Ecorax Nature 100 is a highly reinforcing carbon black-grade product made using renewable feedstocks.
Covid-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including chemicals and materials. The shutdown of manufacturing units, disturbed global supply chains, manufacturing activities, and delivery schedules have negatively impacted the carbon black market growth. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020. The shortage of manpower resulted in the deceleration of carbon black production and distribution operations. In 2021, the global marketplace began recovering from the losses incurred in 2020 as governments of different countries announced relaxation in social restrictions. Manufacturers were permitted to operate at full capacities, which helped them overcome the demand supply gap. Moreover, rising vaccination rates contributed to improvements in the overall conditions in different countries, which led to conducive environments for industrial and commercial progress.
Competitive Landscape and Key Companies:
A few of the players operating in the global carbon black market include HiiROC Ltd, Black Bear Carbon BV, Klean Industries Inc., Delta Energy LLC, OMSK Carbon Group Ltd, Imerys SA, Cabot Corp, Tokai Carbon Co Ltd, Orion Engineered Carbons SA, and China Synthetic Rubber Corp. Players operating in the global carbon black market focus on providing high-quality products to fulfill the customer demand. In addition, manufacturers are focusing on adopting various strategies, such as capacity expansion and new product launches, in order to remain competitive in the market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Grade, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Oman, Russia, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global carbon black market are Imerys SA; Cabot Corp; Tokai Carbon Co Ltd; Orion Engineered Carbons SA; China Synthetic Rubber Corp; amongst others.
The rising need for green alternatives with shift towards sustainability, is expected to provide lucrative growth opportunities to the global carbon black market during the forecast period.
Based on the type, the furnace black segment accounted for the largest revenue share. Due to high yield and wide control over properties such as particle size or structure, furnace black process is suitable for mass production. Therefore, this factor is expected to boost the furnace black segment growth.
Asia Pacific accounts for the largest share of the global carbon black market. The increasing investments by leading automotive OEMs and rising EV manufacturing capabilities in Asia Pacific are propelling the demand for conventional and electric vehicles in the region. The growth of the tire industry in Asia Pacific is attributed to the growing automotive industry in the region.
Growing automotive tire sector in developing economies and increasing demand for specialty carbon black are some of the key driving factors for the carbon black market.
Based on grade, specialty grade is expected to be the fastest-growing segment. Specialty grade carbon black is an important industrial raw material incorporated in the production processes across various industries, including polymer, printing, and coating industries. Thus, wide range of applications is driving the segment’s growth.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Carbon Black Market, by Type
1.3.2 Carbon Black Market, by Grade
1.3.3 Carbon Black Market, by Application
1.3.4 Carbon Black Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Carbon Black Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 List of Manufacturers
4.5 List of Potential Customers
4.6 Expert Opinions
5. Carbon Black Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automotive Tire Sector in Developing Economies
5.1.2 Increasing Demand for Specialty Carbon Black
5.2 Market Restraints
5.2.1 High Carbon Emission by Virgin Carbon Black
5.3 Market Opportunities
5.3.1 Rising Need for Green Alternatives with Shift Toward Sustainability
5.4 Future Trends
5.4.1 Emphasis on Waste Tire Management
5.5 Impact Analysis
6. Carbon Black – Global Market Analysis
6.1 Carbon Black Market Overview
6.2 Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Carbon Black Market Players
7. Carbon Black Market Analysis – By Type
7.1 Overview
7.2 Carbon Black Market, By Type (2021 and 2028)
7.3 Acetylene Black
7.3.1 Overview
7.3.2 Acetylene Black: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Channel Black
7.4.1 Overview
7.4.2 Channel Black: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Furnace Black
7.5.1 Overview
7.5.2 Furnace Black: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Thermal Black
7.6.1 Overview
7.6.2 Thermal Black: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
8. Carbon Black Market Analysis – By Grade
8.1 Overview
8.2 Carbon Black Market, By Grade (2021 and 2028)
8.3 Standard Grade
8.3.1 Overview
8.3.2 Standard Grade: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Grade
8.4.1 Overview
8.4.2 Specialty Grade: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9. Carbon Black Market Analysis – By Application
9.1 Overview
9.2 Carbon Black Market, By Application (2021 and 2028)
9.3 Tire
9.3.1 Overview
9.3.2 Tire: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Non-Tire Rubber
9.4.1 Overview
9.4.2 Non-Tire Rubber: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Plastics
9.5.1 Overview
9.5.2 Plastics: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Inks and Coatings
9.6.1 Overview
9.6.2 Inks and Coatings: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10. Carbon Black Market – Geographic Analysis
10.1 Overview
10.2 North America: Carbon Black Market
10.2.1 North America: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Carbon Black Market, By Type
10.2.3 North America: Carbon Black Market, by Grade
10.2.4 North America: Carbon Black Market, by Application
10.2.5 North America: Carbon Black Market, by Key Country
10.2.5.1 US: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Carbon Black Market, By Type
10.2.5.1.2 US: Carbon Black Market, by Grade
10.2.5.1.3 US: Carbon Black Market, by Application
10.2.5.2 Canada: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Carbon Black Market, By Type
10.2.5.2.2 Canada: Carbon Black Market, by Grade
10.2.5.2.3 Canada: Carbon Black Market, by Application
10.2.5.3 Mexico: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Carbon Black Market, By Type
10.2.5.3.2 Mexico: Carbon Black Market, by Grade
10.2.5.3.3 Mexico: Carbon Black Market, by Application
10.3 Europe: Carbon Black Market
10.3.1 Europe: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Carbon Black Market, By Type
10.3.3 Europe: Carbon Black Market, by Grade
10.3.4 Europe: Carbon Black Market, by Application
10.3.5 Europe: Carbon Black Market, by Key Country
10.3.5.1 Germany: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Carbon Black Market, By Type
10.3.5.1.2 Germany: Carbon Black Market, by Grade
10.3.5.1.3 Germany: Carbon Black Market, by Application
10.3.5.2 France: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Carbon Black Market, By Type
10.3.5.2.2 France: Carbon Black Market, by Grade
10.3.5.2.3 France: Carbon Black Market, by Application
10.3.5.3 UK: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 UK: Carbon Black Market, By Type
10.3.5.3.2 UK: Carbon Black Market, by Grade
10.3.5.3.3 UK: Carbon Black Market, by Application
10.3.5.4 Italy: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy: Carbon Black Market, By Type
10.3.5.4.2 Italy: Carbon Black Market, by Grade
10.3.5.4.3 Italy: Carbon Black Market, by Application
10.3.5.5 Russia: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Carbon Black Market, By Type
10.3.5.5.2 Russia: Carbon Black Market, by Grade
10.3.5.5.3 Russia: Carbon Black Market, by Application
10.3.5.6 Rest of Europe: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Carbon Black Market, By Type
10.3.5.6.2 Rest of Europe: Carbon Black Market, by Grade
10.3.5.6.3 Rest of Europe: Carbon Black Market, by Application
10.4 Asia Pacific: Carbon Black Market
10.4.1 Asia Pacific: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Carbon Black Market, By Type
10.4.3 Asia Pacific: Carbon Black Market, by Grade
10.4.4 Asia Pacific: Carbon Black Market, by Application
10.4.5 Asia Pacific: Carbon Black Market, by Key Country
10.4.5.1 Australia: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Carbon Black Market, By Type
10.4.5.1.2 Australia: Carbon Black Market, by Grade
10.4.5.1.3 Australia: Carbon Black Market, by Application
10.4.5.2 China: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Carbon Black Market, By Type
10.4.5.2.2 China: Carbon Black Market, by Grade
10.4.5.2.3 China: Carbon Black Market, by Application
10.4.5.3 India: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Carbon Black Market, by Type
10.4.5.3.2 India: Carbon Black Market, by Grade
10.4.5.3.3 India: Carbon Black Market, by Application
10.4.5.4 Japan: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Carbon Black Market, By Type
10.4.5.4.2 Japan: Carbon Black Market, by Grade
10.4.5.4.3 Japan: Carbon Black Market, by Application
10.4.5.5 South Korea: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Carbon Black Market, By Type
10.4.5.5.2 South Korea: Carbon Black Market, by Grade
10.4.5.5.3 South Korea: Carbon Black Market, by Application
10.4.5.6 Rest of Asia Pacific: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Carbon Black Market, By Type
10.4.5.6.2 Rest of Asia Pacific: Carbon Black Market, by Grade
10.4.5.6.3 Rest of Asia Pacific: Carbon Black Market, by Application
10.5 Middle East & Africa: Carbon Black Market
10.5.1 Middle East & Africa: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East & Africa: Carbon Black Market, By Type
10.5.3 Middle East & Africa: Carbon Black Market, by Grade
10.5.4 Middle East & Africa: Carbon Black Market, by Application
10.5.5 Middle East & Africa: Carbon Black Market, by Key Country
10.5.5.1 South Africa: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Carbon Black Market, By Type
10.5.5.1.2 South Africa: Carbon Black Market, by Grade
10.5.5.1.3 South Africa: Carbon Black Market, by Application
10.5.5.2 Saudi Arabia: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Carbon Black Market, By Type
10.5.5.2.2 Saudi Arabia: Carbon Black Market, by Grade
10.5.5.2.3 Saudi Arabia: Carbon Black Market, by Application
10.5.5.3 UAE: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Carbon Black Market, By Type
10.5.5.3.2 UAE: Carbon Black Market, by Grade
10.5.5.3.3 UAE: Carbon Black Market, by Application
10.5.5.4 Oman: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Oman: Carbon Black Market, By Type
10.5.5.4.2 Oman: Carbon Black Market, by Grade
10.5.5.4.3 Oman: Carbon Black Market, by Application
10.5.5.5 Rest of Middle East & Africa: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.5.1 Rest of Middle East & Africa: Carbon Black Market, by Type
10.5.5.5.2 Rest of Middle East & Africa: Carbon Black Market, by Grade
10.5.5.5.3 Rest of Middle East & Africa: Carbon Black Market, by Application
10.6 South & Central America: Carbon Black Market
10.6.1 South & Central America: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 South & Central America: Carbon Black Market, By Type
10.6.3 South & Central America: Carbon Black Market, by Grade
10.6.4 South & Central America: Carbon Black Market, by Application
10.6.5 South & Central America: Carbon Black Market, by Key Country
10.6.5.1 Brazil: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Carbon Black Market, By Type
10.6.5.1.2 Brazil: Carbon Black Market, by Grade
10.6.5.1.3 Brazil: Carbon Black Market, by Application
10.6.5.2 Argentina: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Carbon Black Market, By Type
10.6.5.2.2 Argentina: Carbon Black Market, by Grade
10.6.5.2.3 Argentina: Carbon Black Market, by Application
10.6.5.3 Rest of South & Central America: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South & Central America: Carbon Black Market, By Type
10.6.5.3.2 Rest of South & Central America: Carbon Black Market, by Grade
10.6.5.3.3 Rest of South & Central America: Carbon Black Market, by Application
11. Impact of COVID-19 Pandemic on Global Carbon Black Market
11.1 Overview
11.2 Impact of COVID-19 Pandemic on Carbon Black Market
11.3 North America: Impact Assessment of COVID-19 Pandemic
11.4 Europe: Impact Assessment of COVID-19 Pandemic
11.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.7 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product launch
12.2 Expansion
13. Company Profiles
13.1 HiiROC Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Black Bear Carbon BV
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Klean Industries Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Delta Energy LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 OMSK Carbon Group Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Imerys SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Cabot Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tokai Carbon Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Orion Engineered Carbons SA
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 China Synthetic Rubber Corp
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Carbon Black Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 4. Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Carbon Black Market, Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. UK Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Italy Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific: Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Carbon Black Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East & Africa Carbon Black Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East & Africa Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East & Africa: Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. Oman Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 72. Oman Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 73. Oman Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of Middle East & Africa Carbon Black Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of Middle East & Africa Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of Middle East & Africa Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. South & Central America Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. South & Central America Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 79. South & Central America: Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. Brazil Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. Brazil Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 82. Brazil Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 83. Argentina Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 84. Argentina Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 85. Argentina Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 86. Rest of South & Central America Carbon Black Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of South & Central America Carbon Black Market, by Grade – Revenue and Forecast to 2028 (US$ Million)
Table 88. Rest of South & Central America Carbon Black Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 89. Glossary of Terms, Global Carbon Black Market
LIST OF FIGURES
Figure 1. Carbon Black Market Segmentation
Figure 2. Carbon Black Market Segmentation – By Geography
Figure 3. Global Carbon Black Market Overview
Figure 4. Global Carbon Black Market, By Type
Figure 5. Global Carbon Black Market, by Geography
Figure 6. Global Carbon Black Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis for Carbon Black Market
Figure 8. Ecosystem: Carbon Black Market
Figure 9. Expert Opinions
Figure 10. Carbon Black Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Carbon Black Market
Figure 12. Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 14. Acetylene Black: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Channel Black: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Furnace Black: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Thermal Black: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Carbon Black Market Revenue Share, By Grade (2021 and 2028)
Figure 20. Standard Grade: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Specialty Grade: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Carbon Black Market Revenue Share, By Application (2021 and 2028)
Figure 23. Tire: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Non-Tire Rubber: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Plastics: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Inks and Coatings: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Others: Carbon Black Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Global Carbon Black Market Revenue Share, By Region (2021 and 2028)
Figure 29. North America: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America: Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 31. North America: Carbon Black Market Revenue Share, by Grade (2021 and 2028)
Figure 32. North America: Carbon Black Market Revenue Share, by Application (2021 and 2028)
Figure 33. North America: Carbon Black Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. US: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Canada: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Mexico: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Europe: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 39. Europe: Carbon Black Market Revenue Share, by Grade (2021 and 2028)
Figure 40. Europe: Carbon Black Market Revenue Share, by Application (2021 and 2028)
Figure 41. Europe: Carbon Black Market Revenue Share, by Key Country (2021 and 2028)
Figure 42. Germany: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. France: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. UK: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Italy: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Russia: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Rest of Europe: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Asia Pacific: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Asia Pacific: Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 50. Asia Pacific: Carbon Black Market Revenue Share, by Grade (2021 and 2028)
Figure 51. Asia Pacific: Carbon Black Market Revenue Share, by Application (2021 and 2028)
Figure 52. Asia Pacific: Carbon Black Market Revenue Share, by Key Country (2021 and 2028)
Figure 53. Australia: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. China: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. India: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. Japan: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. South Korea: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. Rest of Asia Pacific: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Middle East & Africa: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Middle East & Africa: Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 61. Middle East & Africa: Carbon Black Market Revenue Share, by Grade (2021 and 2028)
Figure 62. Middle East & Africa: Carbon Black Market Revenue Share, by Application (2021 and 2028)
Figure 63. Middle East & Africa: Carbon Black Market Revenue Share, by Key Country (2021 and 2028)
Figure 64. South Africa: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. Saudi Arabia: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 66. UAE: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. Oman: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of Middle East & Africa: Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. South & Central America: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. South & Central America: Carbon Black Market Revenue Share, By Type (2021 and 2028)
Figure 71. South & Central America: Carbon Black Market Revenue Share, by Grade (2021 and 2028)
Figure 72. South & Central America: Carbon Black Market Revenue Share, by Application (2021 and 2028)
Figure 73. South & Central America: Carbon Black Market Revenue Share, by Key Country (2021 and 2028)
Figure 74. Brazil: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Argentina: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of South & Central America: Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic on Carbon Black Market in North America
Figure 78. Impact of COVID-19 Pandemic on Carbon Black Market in Europe
Figure 79. Impact of COVID-19 Pandemic on Carbon Black Market in Asia Pacific
Figure 80. Impact of COVID-19 Pandemic on Carbon Black Market in Middle East & Africa
Figure 81. Impact of COVID-19 Pandemic on Carbon Black Market in South & Central America
The List of Companies - Carbon Black Market
- HiiROC Ltd
- Black Bear Carbon BV
- Klean Industries Inc
- Delta Energy LLC
- OMSK Carbon Group Ltd
- Imerys SA
- Cabot Corp
- Tokai Carbon Co Ltd
- Orion Engineered Carbons SA
- China Synthetic Rubber Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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