Global Hard Grade Carbon Black Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Hard Grade Carbon Black market size was valued at USD 1861.4 million in 2023 and is forecast to a readjusted size of USD 2549 million by 2030 with a CAGR of 4.6% during review period.
Hard Grades Carbon Black, also called ‘Tread Black’ is commonly used as the most cost-effective rubber reinforcing agent in tyre components such as treads.It is widely used as a reinforcing filler in rubber compounds, plastics, coatings, and various other materials.Hard grade carbon black is typically produced by the furnace black process, which involves the controlled combustion of hydrocarbon feedstock in a furnace. This process results in the formation of fine particles of carbon black with a high degree of structure, giving it a hard texture and excellent reinforcing properties.
The global hard grade carbon black market is expected to experience significant growth in the coming years. The increasing demand for reinforced rubber and plastic materials in various industries, such as automotive, manufacturing, construction, and others, is driving the market’s expansion.
Factors contributing to the growth of the global hard grade carbon black market include:
Growing automotive industry: The automotive sector is a major consumer of hard grade carbon black due to its use in tire production and other automotive components. The increasing demand for vehicles, especially in emerging economies, is fueling the market growth.
Growing construction industry: The construction industry utilizes hard grade carbon black in applications such as roofing, insulation materials, sealants, and adhesives. The booming construction sector, particularly in developing regions, is driving the demand for hard grade carbon black.
Increasing industrialization and manufacturing activities: The growing industrial sector, including manufacturing and machinery, is creating a demand for strong and durable rubber and plastic materials. Hard grade carbon black enhances the mechanical properties of these materials, contributing to their increased usage.
Rising focus on sustainable and high-performance materials: With increasing environmental concerns and regulations, there is a growing demand for sustainable and high-performance materials. Hard grade carbon black offers enhanced durability and abrasion resistance, making it an attractive option for eco-friendly and efficient material solutions.
Geographically, Asia Pacific is expected to witness significant growth in the hard grade carbon black market due to the rapid industrialization, expanding automotive industry, and infrastructure development in countries like China and India. North America and Europe are also prominent markets for hard grade carbon black, driven by the high demand for reinforced rubber and plastics in various applications.
The global hard grade carbon black market is projected to grow steadily in the coming years, as industries continue to seek durable and high-performance materials for their products.
The Global Info Research report includes an overview of the development of the Hard Grade Carbon Black industry chain, the market status of Tires (Purity 98% to 99%, Purity 99% to 99.5%), Paints (Purity 98% to 99%, Purity 99% to 99.5%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hard Grade Carbon Black.
Regionally, the report analyzes the Hard Grade Carbon Black markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hard Grade Carbon Black market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Hard Grade Carbon Black market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hard Grade Carbon Black industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Purity 98% to 99%, Purity 99% to 99.5%).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hard Grade Carbon Black market.
Regional Analysis: The report involves examining the Hard Grade Carbon Black market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hard Grade Carbon Black market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Hard Grade Carbon Black:
Company Analysis: Report covers individual Hard Grade Carbon Black manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hard Grade Carbon Black This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Tires, Paints).
Technology Analysis: Report covers specific technologies relevant to Hard Grade Carbon Black. It assesses the current state, advancements, and potential future developments in Hard Grade Carbon Black areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hard Grade Carbon Black market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Hard Grade Carbon Black market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Purity 98% to 99%
Purity 99% to 99.5%
Others
Market segment by Application
Tires
Paints
Rubber
Plastic
Others
Major players covered
Aditya Birla
Cabot Corporation
Orion Engineered Carbonss
Omsk
Epsilon Carbon Pvt Ltd
Tokai Carbon Co., Ltd.
Birla Carbon
Phillips Carbon Black Limited
Black Cat Carbon Black
China Synthetic Rubber Corporation (CSRC)
HEBEI OUHAN IMPORT AND EXPORT CO., LTD.
XINGTAI SHINEWAY CORPORATION CO
Continental Carbon Company
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hard Grade Carbon Black product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hard Grade Carbon Black, with price, sales, revenue and global market share of Hard Grade Carbon Black from 2019 to 2024.
Chapter 3, the Hard Grade Carbon Black competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hard Grade Carbon Black breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hard Grade Carbon Black market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hard Grade Carbon Black.
Chapter 14 and 15, to describe Hard Grade Carbon Black sales channel, distributors, customers, research findings and conclusion.