Carbon Black Market - Trends Forecast Till 2028

Carbon Black Market By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black), Application (Tire, Non-Tire Rubber, Inks & Coating, Plastic), Grade (Standard Grade, Specialty Grade) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: February, 2021

Base Year Estimate: 2020

Report ID: D-CM-CBM-107

Format:  

Number of Pages: 297

Domain: Chemicals & Materials

Carbon Black Market – Trends Forecast Till 2028

Carbon Black Market by Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black), Application (Tire, Non-Tire Rubber, Inks & Coating, Plastic), Grade (Standard Grade, Specialty Grade), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The global carbon black market is anticipated to reach USD 11.84 billion in 2021 growing at a CAGR of 4.6% during the forecasting period, 2021-2028. 

Carbon black is a black powder obtained by incomplete combustion of hydrocarbons. This fine black powder can be used as a pigment. Its pigmenting property is used for printing newspapers. It can withstand high temperatures thus is also used to color heat molded plastic. Inhaling carbon black can lead to irritation in the lungs and asthma. 

The growth of the rubber industry and also the application in the plastic industry are some of the factors that have supported long-term expansion for the Global carbon black market industry. 

Carbon Black Market – Trends Forecast Till 2028

The global carbon black market is segmented into Type, Application, Grade, and geography.

Type segment is segmented into Furnace Black, Channel Black, Thermal Black, and Acetylene Black

Application segment is segmented into Tire, Non-Tire Standard Grade, and Specialty 

Grade segment is segmented into Standard Grade, Specialty Grade

Geographically, the Global carbon black market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America, and insights are provided for each region and major countries within the regions

Key players in the global carbon black market are  Phillips Carbon Black Limited (India), Cabot Corporation (U.S.), OCI Company Ltd. (South Korea), Birla Carbon/Thai Carbon Black Public Company Limited (Thailand), Omsk Carbon Group OOO (Russia), Orion Engineered Carbons SA (Luxembourg), and Tokai Carbon Co., Ltd. (Japan) among others. 

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In addition to the market data for the Global carbon black market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirements.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the Global carbon black market.

The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the Global carbon black market. Through secondary, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Global carbon black market.

Primary Respondent breakdown is given below:

PRIMARY RESPONDENTS

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the global carbon black market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact the primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the Global carbon black market so as to understand the trends and the factors involved in changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 11.84 billion

Growth Rate

CAGR of 4.6% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, Application, Grade and geography.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Phillips Carbon Black Limited (India), Cabot Corporation (U.S.), OCI Company Ltd. (South Korea), Birla Carbon/Thai Carbon Black Public Company Limited (Thailand), Omsk Carbon Group OOO (Russia), Orion Engineered Carbons SA (Luxembourg), and Tokai Carbon Co., Ltd. (Japan)

Available Customization

In addition to the market data for the Global carbon black market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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