The Global Carbon Black Market was valued at USD 21.6 billion in 2025 and is estimated to grow at a CAGR of 6.3% to reach USD 39.8 billion by 2035.
The market is propelled by the expanding demand across multiple industries. Carbon black, as a finely divided form of carbon, plays a vital role as a reinforcing agent in rubber products, particularly tires, where it enhances strength, durability, and wear resistance. The surge in automotive production, especially in developing regions, is a key driver for tire-related applications. Additionally, carbon black is extensively used as a pigment in paints, coatings, and inks, offering deep black coloration and UV resistance. Emerging applications in electronics, conductive materials, batteries, and electromagnetic shielding align with the growth of electric vehicles and renewable energy. Specialty carbon blacks are also being developed for tailored industrial uses. At the same time, the industry is experiencing pressure to adopt environmentally sustainable manufacturing practices due to the particulate emissions and pollutants from conventional processes.
The furnace black segment held an 83.1% share in 2025 and is projected to grow at a CAGR of 6.3% through 2035. Its cost-effectiveness and large-scale manufacturability make it the most widely used form of carbon black. The rubber, plastics, coatings, and ink industries are the primary consumers, driven by demand for durable, high-performance products.
The petroleum-based feedstocks segment held a 63.2% share in 2025 and is expected to grow at a CAGR of 6.4% from 2026 to 2035. Petroleum remains the dominant raw material due to its availability and economic feasibility. Advanced refining and processing technologies are being implemented to enhance efficiency and reduce emissions.
North America Carbon Black Market accounted for a 14.8% share in 2025. Growth is fueled by the automotive, rubber, and packaging industries, coupled with the adoption of sustainable production technologies. Investments in green technologies and strict environmental regulations in the U.S. and Canada are motivating manufacturers to produce cleaner, bio-based carbon blacks while maintaining high performance.
Major players in the Global Carbon Black Market include Continental Carbon, Black Bear Carbon BV, Mitsubishi Chemical Corporation, Birla Carbon India Private Limited, OCI Company Ltd, Asahi Carbon Co., Ltd., Jinneng Science and Technology Company Limited, Tokai Carbon Co., Ltd., Orion Engineered Carbons S.A., Phillips Carbon Black Limited, China Synthetic Rubber Corporation, Omsk Carbon Group OOO, Longxing Chemical Stock Co., Ltd., Shandong Huadong Rubber Materials Co., Ltd., and Monolith Materials, Inc. Companies in the Carbon Black Market are strengthening their market positions by investing in R&D to develop high-performance and specialty carbon blacks tailored for automotive, electronics, and industrial applications. Firms are focusing on sustainable production methods, including bio-based feedstocks and cleaner manufacturing technologies, to comply with environmental regulations and appeal to eco-conscious customers. Strategic partnerships with raw material suppliers and manufacturers enable secure supply chains and cost efficiency.
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The market is propelled by the expanding demand across multiple industries. Carbon black, as a finely divided form of carbon, plays a vital role as a reinforcing agent in rubber products, particularly tires, where it enhances strength, durability, and wear resistance. The surge in automotive production, especially in developing regions, is a key driver for tire-related applications. Additionally, carbon black is extensively used as a pigment in paints, coatings, and inks, offering deep black coloration and UV resistance. Emerging applications in electronics, conductive materials, batteries, and electromagnetic shielding align with the growth of electric vehicles and renewable energy. Specialty carbon blacks are also being developed for tailored industrial uses. At the same time, the industry is experiencing pressure to adopt environmentally sustainable manufacturing practices due to the particulate emissions and pollutants from conventional processes.
The furnace black segment held an 83.1% share in 2025 and is projected to grow at a CAGR of 6.3% through 2035. Its cost-effectiveness and large-scale manufacturability make it the most widely used form of carbon black. The rubber, plastics, coatings, and ink industries are the primary consumers, driven by demand for durable, high-performance products.
The petroleum-based feedstocks segment held a 63.2% share in 2025 and is expected to grow at a CAGR of 6.4% from 2026 to 2035. Petroleum remains the dominant raw material due to its availability and economic feasibility. Advanced refining and processing technologies are being implemented to enhance efficiency and reduce emissions.
North America Carbon Black Market accounted for a 14.8% share in 2025. Growth is fueled by the automotive, rubber, and packaging industries, coupled with the adoption of sustainable production technologies. Investments in green technologies and strict environmental regulations in the U.S. and Canada are motivating manufacturers to produce cleaner, bio-based carbon blacks while maintaining high performance.
Major players in the Global Carbon Black Market include Continental Carbon, Black Bear Carbon BV, Mitsubishi Chemical Corporation, Birla Carbon India Private Limited, OCI Company Ltd, Asahi Carbon Co., Ltd., Jinneng Science and Technology Company Limited, Tokai Carbon Co., Ltd., Orion Engineered Carbons S.A., Phillips Carbon Black Limited, China Synthetic Rubber Corporation, Omsk Carbon Group OOO, Longxing Chemical Stock Co., Ltd., Shandong Huadong Rubber Materials Co., Ltd., and Monolith Materials, Inc. Companies in the Carbon Black Market are strengthening their market positions by investing in R&D to develop high-performance and specialty carbon blacks tailored for automotive, electronics, and industrial applications. Firms are focusing on sustainable production methods, including bio-based feedstocks and cleaner manufacturing technologies, to comply with environmental regulations and appeal to eco-conscious customers. Strategic partnerships with raw material suppliers and manufacturers enable secure supply chains and cost efficiency.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2025
Chapter 5 Market Estimates and Forecast, by Manufacturing Process, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 6 Market Estimates and Forecast, by Feedstock, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 7 Market Estimates and Forecast, by End Use Industry, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 8 Market Estimates and Forecast, by Region, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 9 Company Profiles
Companies Mentioned
The companies profiled in this Carbon Black market report include:- Asahi Carbon Co., Ltd.
- Birla Carbon India Private Limited
- Black Bear Carbon BV
- Cabot Corporation
- China Synthetic Rubber Corporation
- Continental Carbon
- Jinneng Science and Technology Company Limited
- Longxing Chemical Stock Co., Ltd.
- Mitsubishi Chemical Corporation
- Monolith Materials, Inc.
- OCI Company Ltd
- Omsk Carbon Group OOO
- Orion Engineered Carbons S.A.
- Phillips Carbon Black Limited
- Qingzhou Boao Carbon Black Co., Ltd.
- Shandong Huadong Rubber Materials Co., Ltd.
- Tokai Carbon Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 190 |
| Published | December 2025 |
| Forecast Period | 2025 - 2035 |
| Estimated Market Value ( USD | $ 21.6 Billion |
| Forecasted Market Value ( USD | $ 39.8 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 18 |
