The global carbon black market size is estimated to grow from USD 20.93 billion in the current year to USD 35.27 billion by 2035, at a CAGR of 4.86% during the forecast period, till 2035.
Carbon black plays a vital role in the tire sector, as the production of vehicles rises, so does the demand for carbon black in tire production. Specifically, carbon black is a fine carbon powder generated through the incomplete burning of hydrocarbons and acts as a reinforcing agent that improves the reliability and performance of rubber products.
Carbon black finds applications across various industries, including automotive, aerospace, electronics, agriculture, and construction. Additionally, as the automotive and manufacturing sectors continue to grow, the demand for carbon black is anticipated to increase, underscoring its essential function in contemporary industrial applications.
The carbon black sector is in a state of constant evolution, propelled by innovations and technological progress. This change has facilitated the integration of carbon black into new sectors like batteries and renewable energy storage, demonstrating its adaptability and the industry's dedication to innovation. Moreover, the industry prioritizes sustainability, as evidenced by the emergence of sustainable carbon black and circular economy initiatives aimed at minimizing fossil fuel usage. Owing to the above-mentioned factors, the carbon black market is expected to grow significantly during the forecast period.
However, the specialty grade segment is expected to grow at a higher CAGR during the forecast period. Key factors contributing to its growth include rising demand for advanced materials, the expansion of significant industries, and innovations within established markets.
However, the plastics segment is expected to grow at a higher CAGR during the forecast period. Key factors contributing to its growth include rising demand for advanced materials, the expansion of significant industries, and innovations within established markets.
Further, this segment is projected to experience the highest CAGR during the forecast period. This can be attributed to their capacity to manage substantial quantities of carbon black and offer extensive market coverage, alongside the growing industrial demand for effective supply chain solutions.
However, the bio-derived carbon black segment is expected to grow at a higher CAGR during the forecast period, owing to the changing consumer preferences, regulatory backing for environmentally friendly materials.
Carbon black plays a vital role in the tire sector, as the production of vehicles rises, so does the demand for carbon black in tire production. Specifically, carbon black is a fine carbon powder generated through the incomplete burning of hydrocarbons and acts as a reinforcing agent that improves the reliability and performance of rubber products.
Carbon black finds applications across various industries, including automotive, aerospace, electronics, agriculture, and construction. Additionally, as the automotive and manufacturing sectors continue to grow, the demand for carbon black is anticipated to increase, underscoring its essential function in contemporary industrial applications.
The carbon black sector is in a state of constant evolution, propelled by innovations and technological progress. This change has facilitated the integration of carbon black into new sectors like batteries and renewable energy storage, demonstrating its adaptability and the industry's dedication to innovation. Moreover, the industry prioritizes sustainability, as evidenced by the emergence of sustainable carbon black and circular economy initiatives aimed at minimizing fossil fuel usage. Owing to the above-mentioned factors, the carbon black market is expected to grow significantly during the forecast period.
Carbon Black Market: Key Segments
Market Share by Type of Process
Based on type of process, the global carbon black market is segmented into acetylene black, furnace black, thermal black and others. According to our estimates, currently, the furnace black segment captures the majority of the market share. Further, this segment is projected to experience the highest CAGR during the forecast period. This is due to its cost-effectiveness and versatility in various applications, especially within the tire and rubber sectors.Market Share by Type of Grade
Based on type of grade, the global carbon black market is segmented into specialty grade and standard grade. According to our estimates, currently, the standard grade segment captures the majority of the market share. This is due to its extensive application in manufacturing general-purpose rubber items such as tires, hoses, and belts.However, the specialty grade segment is expected to grow at a higher CAGR during the forecast period. Key factors contributing to its growth include rising demand for advanced materials, the expansion of significant industries, and innovations within established markets.
Market Share by Type of Application
Based on type of application, the global carbon black market is segmented into inks & toners, non-tire rubber, plastics, tire and others. According to our estimates, currently, the tire segment captures the majority of the market share. This can be attributed to the dependence on carbon black, along with the rapid expansion of the automotive sector globally, particularly in developing countries.However, the plastics segment is expected to grow at a higher CAGR during the forecast period. Key factors contributing to its growth include rising demand for advanced materials, the expansion of significant industries, and innovations within established markets.
Market Share by Type of Distribution Channel
Based on type of distribution channel, the global carbon black market is segmented into direct sales, distributors and retailers. According to our estimates, currently, the distributors segment captures the majority of the market share.Further, this segment is projected to experience the highest CAGR during the forecast period. This can be attributed to their capacity to manage substantial quantities of carbon black and offer extensive market coverage, alongside the growing industrial demand for effective supply chain solutions.
Market Share by Particle Size
Based on particle size, the global carbon black market is segmented into nano-sized, micro-sized, macro-sized. According to our estimates, currently, the macro-sized segment captures the majority of the market share. Further, this segment is projected to experience the highest CAGR during the forecast period. This growth can be attributed to their application in the tire industry and the expected expansion in the automotive and construction industries.Market Share by Sustainability Profile
Based on sustainability profile, the global carbon black market is segmented into bio-derived carbon black, conventional carbon black, fully recycled carbon black, low carbon footprint carbon black and partially recycled carbon black. According to our estimates, currently, the conventional carbon black segment captures the majority of the market share. This is due to several factors such as a well-established supply chain, widespread usage across different industries, and cost-effective manufacturing.However, the bio-derived carbon black segment is expected to grow at a higher CAGR during the forecast period, owing to the changing consumer preferences, regulatory backing for environmentally friendly materials.
Market Share by Geographical Regions
Based on geographical regions, the carbon black market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently, Asia captures the majority share of the market. Additionally, it is projected to experience a higher CAGR during the forecast period. The primary factors contributing to this leadership include increasing production and demand for carbon black and its application in various industrial sectors, especially in countries such as China and India.Carbon Black Market: Research Coverage
The report on the carbon black market features insights on various sections, including:- Market Sizing and Opportunity Analysis: An in-depth analysis of the carbon black market, focusing on key market segments, including [A] type of process, [B] type of grade, [C] type of application, [D] type of distribution channel, [E] particle size, [F] sustainability profile, and [G] geographical regions.
- Competitive Landscape: A comprehensive analysis of the companies engaged in the carbon black market, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters and [D] ownership structure.
- Company Profiles: Elaborate profiles of prominent players engaged in the carbon black market, providing details on [A] location of headquarters, [B] company size, [C] company mission, [D] company footprint, [E] management team, [F] contact details, [G] financial information, [H] operating business segments, [I] carbon black portfolio, [J] moat analysis, [K] recent developments, and an informed future outlook.
- SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
- Value Chain Analysis: A comprehensive analysis of the value chain, providing information on the different phases and stakeholders involved in the carbon black market.
Key Questions Answered in this Report
- How many companies are currently engaged in carbon black market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
Reasons to Buy this Report
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
Additional Benefits
- Complimentary Excel data packs for all analytical modules in the report
- 15% free content customization
- Detailed report walkthrough session with the research team
- Complimentary update provided for reports older than 6-12 months
Table of Contents
1. PREFACE
2. RESEARCH METHODOLOGY
3. ECONOMIC AND OTHER PROJECT SPECIFIC CONSIDERATIONS
4. MACRO-ECONOMIC INDICATORS
6. INTRODUCTION
7. COMPETITIVE LANDSCAPE
8. STARTUP ECOSYSTEM IN THE CARBON BLACK MARKET
9. COMPANY PROFILES
12. GLOBAL CARBON BLACK MARKET
13. MARKET OPPORTUNITIES BASED ON TYPE OF PROCESS
14. MARKET OPPORTUNITIES BASED ON TYPE OF GRADE
15. MARKET OPPORTUNITIES BASED ON TYPE OF APPLICATION
16. MARKET OPPORTUNITIES BASED ON TYPE OF DISTRIBUTION CHANNEL
17. MARKET OPPORTUNITIES BASED ON PARTICLE SIZE
18. MARKET OPPORTUNITIES BASED ON SUSTAINABILITY PROFILE
19. MARKET OPPORTUNITIES FOR CARBON BLACK IN NORTH AMERICA
20. MARKET OPPORTUNITIES FOR CARBON BLACK IN EUROPE
21. MARKET OPPORTUNITIES FOR CARBON BLACK IN ASIA
22. MARKET OPPORTUNITIES FOR CARBON BLACK IN MIDDLE EAST AND NORTH AFRICA (MENA)
23. MARKET OPPORTUNITIES FOR CARBON BLACK IN LATIN AMERICA
24. MARKET OPPORTUNITIES FOR CARBON BLACK IN REST OF THE WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abu Dhabi National Oil
- Asahi Carbon
- Birla Carbon
- Cabot
- China Synthetic Rubber
- Himadri Specialty Chemical
- Imers Graphite and Carbon
- International CSRC
- Jiangxi Black Cat Carbon Black
- Longxing Chemical
- Mitsubishi Chemical
- OCI Company
- Omsk Carbon
- Orion Engineered Carbons
- Phillips Carbon Black
- Sid Richardson Carbon & Energy
- Tokai Carbon
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | November 2025 |
| Forecast Period | 2025 - 2035 |
| Estimated Market Value ( USD | $ 20.93 Billion |
| Forecasted Market Value ( USD | $ 35.27 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
