Global Carbon Black Market 2024-2028

Global Carbon Black Market 2024-2028

The carbon black market is forecasted to grow by USD 4432.7 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the carbon black market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of carbon black in end-user industries, rising demand for specialty carbon black, and increasing demand for carbon black in APAC.

Technavio's carbon black market is segmented as below:

By End-user

• Tires
• Non-tires rubber
• Non-rubber

By Grade Type

• Specialty grade
• Standard grade

By Geography

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing demand for sustainable carbon black as one of the prime reasons driving the carbon black market growth during the next few years. Also, advancements in technology and shift toward electric vehicles will lead to sizable demand in the market.

The report on the carbon black market covers the following areas:

• Carbon black market sizing
• Carbon black market forecast
• Carbon black market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon black market vendors that include Abu Dhabi National Oil Co., Aditya Birla Management Corp. Pvt. Ltd., Bridgestone Corp., Cabot Corp., CSRC Investment Holdings Co. Ltd., DCL Corp., Dow Chemical Co., Himadri Speciality Chemical Ltd., Imerys S.A., Kemipex, Longxing Chemical Industry Co. Ltd., Mitsubishi Chemical Corp., Nippon Steel Corp., Nouryon Chemicals Holding BV, OCI Co. Ltd., Omsk Carbon Group, Orion Engineered Carbons SA, Phillips Carbon Black Ltd., Saudi Basic Industries Corp., and Tokai Carbon Co. Ltd.. Also, the carbon black market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.