Carbon Black Market - Trends Forecast Till 2028

Market Overview

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. 

Key Findings

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

Competitive Landscape

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.

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