Global Carbon Black Market
Global carbon black market by process (acetylene black, channel black, furnace black, lamp black, thermal black), by application (inks and toners, paints and coatings, plastics, textile, tires and industrial-rubber products, others), by region (North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America), industry snapshot, 2022-2028
According to Gen Consulting Company, the global carbon black market is set to achieve an incremental growth of USD 5.8 billion, acelerating at a CAGR of almost 4.9% during the forecast period 2022-2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the process, application, and region. The global market data on carbon black can be segmented by process: acetylene black, channel black, furnace black, lamp black, thermal black. Among these, the furnace black segment was accounted for the highest revenue generator in 2021. Carbon black market is further segmented by application: inks and toners, paints and coatings, plastics, textile, tires and industrial-rubber products, others. The tires and industrial-rubber products segment is estimated to account for the largest share of the global carbon black market. Based on region, the carbon black market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share of the global carbon black market in 2021 and is anticipated to hold its share during the forecast period.
The global carbon black market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Abu Dhabi National Oil Company (Adnoc), Aditya Birla Group (Birla Carbon), Asahi Carbon Co. Ltd., Cabot Corporation, Himadri Speciality Chemicals Ltd., Imerys S.A., International CSRC Investment Holdings Co. Ltd., Jiangxi Black Cat Carbon Black Inc. Ltd., Longxing Chemical Industry Co. Ltd., Mitsubishi Chemical Holdings Corporation, OCI Co. Ltd., Omsk Carbon Group OOO, Orion Engineered Carbons SA, Phillips Carbon Black Ltd., Shandong Huadong Rubber Materials Co. Ltd., Shanxi Yongdong Chemistry Industry Co. Ltd., Suzhou Baohua Carbon Black Co. Ltd., Tokai Carbon Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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