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The global carbon black market is expected to grow from $14.94 billion in 2021 to $16.34 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global carbon black market size is expected to grow to $20.81 billion in 2026 at a CAGR of 6.2%.

The growing automotive industry is expected to propel the growth of the carbon black market going forward.

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The carbon black market consists of the sale of carbon black by entities (organizations, sole traders, and partnerships) that is used as a protective coating for plastics and resistors for electronic circuits. It refers to a fine black powder composed of elemental carbon which is produced by pyrolysis of low-value oil residues and partial burning at high temperatures under controlled process conditions. Carbon black is used to strengthen rubber in tires and acts as a pigment, ultraviolet stabilizer, and conductive or insulating agent in rubber, plastic, ink, and coating applications.

Global Carbon Black Market Segments Include:

By Type: Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others

By Grade: Standard Grade, Specialty Grade

By Application: Tire, Non-Tire Rubber, Inks and Coating, Plastic, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global carbon black market in 2021.

Strategic partnerships are a key trend gaining popularity in the carbon black market. The companies operating in the black carbon market are collaborating on the production of black carbon for their industrial uses.

TBRC’s Carbon Black Market Report Covers:

Major Market Players: Phillips Carbon Black Limited, Mitsubishi Chemical Holdings, Birla Carbon Public Company Limited, Cabot Corporation, Tokai Carbon Co. Ltd., Omsk Carbon Group, Jiangxi Black Cat Carbon Black Co. Ltd., BASF SE, Dow Inc., Nouryon, DCL Corporation, Asahi Carbon Co. Ltd., OCI Company Ltd., China Synthetic Rubber Corp., Sid Richardson Carbon & Energy Co., Himadri Speciality Chemical Limited, and Asahi Carbon Co. Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Carbon Black Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides carbon black market overviews, analyzes and forecasts market size, share, carbon black market players, carbon black market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s carbon black market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Carbon Nanotube Global Market Report 2022

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Carbon Footprint Management Global Market Report 2022

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