Carbon Black Market Size, Share & Trends Analysis Forecast 2020-2026

Industry Insights

[230+ Pages Report] According to the report published by Facts Factors, the global carbon black market size was worth around USD 18 billion in 2019 and is predicted to grow to around USD 22.5 billion by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. The report analyzes the global carbon black market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the carbon black market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Carbon Black industry. The report analyzes and declares the historical and current trends analysis of the Carbon Black industry and subsequently recommends the projected trends anticipated to be observed in the Carbon Black market during the upcoming years.

The Carbon Black market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire carbon Black market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• According to our primary respondents, the carbon black market is projected to grow annually at a rate of around 6%.
• It was recognized through primary research that the carbon black market was valued at around USD 18 Billion in 2019.
• The “furnace black” category, on the basis of type segmentation, was the leading revenue-generating category.
• On the basis of application segmentation, the “Tyre” category held the leading share in 2019.
• Standard grade is estimated to gain the highest market share in the forecasted period due to the higher demand for the standard grade carbon black from the end-user industry.

Key Recommendations from Analysts

• As per our Analysts, the carbon black market is expected to grow at a significant rate. Moreover, growing concerns for the carbon dioxide(greenhouse gas) emission is expected to shift the end-users from the carbon black to the substitute like silica.
• The Asia Pacific region is the most favorable region to produce carbon black owing to the growing tyre industry in the region.
• To provide the logistics services at its best, it is important to build a warehouse base which is operationally strong. It is one of the biggest economic opportunities for the Philippines.
• Growing at a CAGR around 10%, Carbon Black market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have recognized “Tyre” and “Furnace Black” categories as the prominent investment options for the carbon black market in terms of type and end-user segmentation respectively.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Carbon Black industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Carbon Black industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Carbon Black market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Carbon Black industry. The Carbon Black market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Carbon Black sector. Key strategic developments in the Carbon Black market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Carbon Black market are appropriately highlighted in the report.

The Carbon Black market research report delivers an acute valuation and taxonomy of the Carbon Black industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Carbon Black industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Carbon Black industry is provided for the leading economies of the world.

The Carbon Black market is segmented based on Type, Application, and Grade.  On the basis of type segmentation, the market is classified into Furnace Black, Channel Black, Thermal Black, and Acetylene Black. In terms of Application segmentation, the market is bifurcated into Tire, Non-Tire Rubber, Inks & Coating, and Plastic. On the basis of Grade segmentation, the market is classified into standard Grade and Specialty Grade

Some of the essential players operating in the Carbon Black market, but not restricted to include

• Cabot Corporation
• Mitsubishi Chemical Corporation
• OCI Company Ltd.
• Birla Carbon/Thai Carbon Black Public Company Limited
• China Synthetic Rubber Corporation
• Omsk Carbon Group
• Tokai Carbon Co. Ltd.
• Orion Engineered Carbons SA
• Jiangxi Black Cat Carbon Black Inc. Ltd.
• Phillips Carbon Black Limited
• Sid Richardson Carbon & Energy Co.

The taxonomy of the Carbon Black Market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Furnace Black
• Channel Black
• Thermal Black
• Acetylene Black

By Application Segmentation Analysis

• Tire
• Non-Tire Rubber
• Inks & Coating
• Plastic

By Grade Segmentation Analysis

• Standard Grade
• Specialty Grade

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa