Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Material Volume (Metric Ton), Price, Demand & Sales Analysis by Process, Grade & Application The Global Carbon Black Market will witness steady growth at a strong CAGR of 5.5%, growing from $13.45 billion in 2021 to $21.85 billion by 2030, supported by tire & rubber industry, reinforcing fillers, specialty grades, plastics compounding, automotive production, and industrial applications, as per Strategic Market Research. Asia-Pacific accounted for a sizeable market share of over 55 % in 2021. Carbon black is a substance created when coal, vegetable matter, coal-tar, or petroleum products such as fluid catalytic cracking tar, fuel oil, and ethylene cracking are burned partially. Although lower than activated carbon, carbon black is a type of Para crystalline carbon with a high surface area to volume ratio. It differs from soot because it has a substantially larger surface area to volume ratio and significantly less polycyclic aromatic hydrocarbon (PAH) content (nil and non-bioavailable). However, carbon black is frequently employed in diesel oxidation investigations as a model material for diesel soot. Tires and other rubber products utilize carbon black as a coloring agent and strengthening filler. Plastics, paints, and ink pigment all employ carbon black as a coloring agent and wear-protection ingredient. The majority of carbon black's uses (70%) are as a pigment and reinforcing material in automobile tires. Additionally, black carbon aids in heat transfer away from the tread and belt region of the tire, minimizing thermal wear and extending tire life. Manufacturing belts, hoses, and other non-tire rubber products account for around 20% of global production. The remaining portion is primarily utilized as a pigment in plastics, coatings, and inks. Because it absorbs U.V. radiation, carbon black is added to polypropylene to prevent the material from deteriorating. After thorough research, it was determined that carbon black could be utilized in products in Canada, including consumer food packaging. This is because carbon black is bound in a matrix and unavailable for exposure in most consumer products, such as plastic and rubber pigment. The world’s second largest supplier of carbon black is Russia because of its large fossil fuel industry. Around 54 percent of the carbon black supply of Europe comes from Russia. However there has been a carbon black shortage since the Russia Ukraine war because the supply of carbon black has been choked through a combination of logistical problems and manufacturers and producers withdrawing from the country. Due to the above factors the entire carbon black industry is taking a toll. Comprehensive Market Snapshot The Global Carbon Black Market is growing at a strong CAGR of 5.5%, expanding from USD 13.45 billion in 2021 to USD 21.85 billion by 2030. Based on a 10% share in 2021, the USA Carbon Black Market is estimated at USD 1.35 billion, and at a 4.4% CAGR, is projected to reach USD 1.98 billion by 2030. With a 5% share, the Europe Carbon Black Market is estimated at USD 0.67 billion in 2021, and at a 3.3% CAGR, is expected to reach USD 0.90 billion by 2030. Holding the largest 55% share, the APAC Carbon Black Market is valued at USD 7.40 billion in 2021, and at a robust 8.1% CAGR, is projected to reach USD 14.95 billion by 2030. Regional Insights Asia Pacific (APAC) accounted for the largest market share of 55% in 2021, driven by tire manufacturing dominance, expanding automotive production, and cost-efficient industrial bases. Asia Pacific (APAC) is also expected to expand at the fastest CAGR of 8.1% during 2021–2030, supported by rising vehicle demand and infrastructure growth. By Process Furnace Black accounted for the largest market share of approximately 72% in 2021, driven by its extensive use in rubber reinforcement and pigment applications, with an estimated market value of around USD 9.68 billion. Lamp Black represented about 10% of the global market in 2021, translating to an estimated value of approximately USD 1.35 billion, supported by its continued use in inks, coatings, and specialty pigments. Channel Black held roughly 9% market share in 2021, valued at around USD 1.21 billion, reflecting its niche applications in high-quality pigments and specialty formulations. Acetylene Black also accounted for about 9% of the market in 2021, with an estimated value of approximately USD 1.21 billion, and is projected to grow at the fastest CAGR during 2021–2030 due to rising demand from lithium-ion batteries and conductive plastics. By Grade Standard Grade dominated the carbon black market in 2021 with a 70.75% share, reflecting high usage across tires, cables, hoses, and industrial rubber goods, and reached an estimated value of around USD 9.52 billion. Specialty Grade accounted for the remaining 29.25% of the market in 2021, valued at approximately USD 3.93 billion, and is expected to grow at a higher CAGR through 2030, driven by applications in plastics, inks, coatings, and lithium-ion batteries. By Application Tires represented the largest application segment in 2021, accounting for approximately 68% of total demand, supported by carbon black’s reinforcing, heat-dissipation, and durability-enhancing properties, with a market value of around USD 9.15 billion. Plastics held about 12% of the market in 2021, valued at approximately USD 1.61 billion, and are expected to expand at the fastest CAGR during 2021–2030 due to growing demand for UV protection, conductivity, and lightweight materials. Coatings accounted for roughly 8% of the market in 2021, corresponding to an estimated value of around USD 1.08 billion, supported by use in industrial and protective coatings. Printing Inks represented approximately 7% of the global market in 2021, valued at about USD 0.94 billion, driven by demand for high-opacity and durable ink formulations. Toners comprised the remaining around 5% of the market in 2021, with an estimated value of approximately USD 0.67 billion, reflecting steady demand from office printing and imaging applications. Strategic Questions Driving the Next Phase of the Global Carbon Black Market What products, grades, processes, and end-use applications are explicitly included within the Global Carbon Black Market, and which materials or substitutes are considered out of scope? How does the Carbon Black Market differ structurally from adjacent markets such as silica fillers, specialty pigments, conductive additives, and alternative reinforcing agents? What is the current and forecasted size of the Global Carbon Black Market, and how is total value distributed across process types, grades, and applications? How is revenue allocated between standard grade and specialty grade carbon black, and how is this mix expected to evolve over the forecast period? Which application segments (e.g., tires, plastics, coatings, inks, batteries) account for the largest and fastest-growing revenue pools? Which carbon black segments contribute disproportionately to profit and margin generation rather than volume consumption alone? How does demand vary across high-volume commodity applications versus high-performance specialty applications, and how does this affect pricing power? How are traditional carbon black manufacturing routes competing with newer, lower-emission or specialty production processes? What role do contract structures, long-term supply agreements, and switching costs play in stabilizing or accelerating segment-level revenue growth? How are automotive production trends, tire replacement cycles, and industrial output levels shaping demand across carbon black segments? What environmental regulations, sustainability requirements, or emission standards constrain capacity expansion or segment penetration? How do raw material volatility, energy costs, and regional pricing pressures influence margin realization across different carbon black grades? How strong is the current innovation pipeline in specialty carbon black, conductive additives, and battery-grade materials? To what extent will emerging applications (EV batteries, electronics, advanced polymers) expand total demand versus shift value within existing segments? How are formulation innovations and dispersion technologies improving performance, consistency, and downstream processing efficiency? How will capacity additions, plant modernization, and regional supply shifts reshape competition in the global carbon black landscape? What role will recycled, recovered, or bio-based carbon black alternatives play in pricing dynamics and customer adoption? How are leading manufacturers aligning their portfolios toward sustainability, specialty grades, and high-growth end-use industries? Which geographic markets are expected to outperform global growth in the Carbon Black Market, and which applications are driving this outperformance? How should manufacturers, suppliers, and investors prioritize specific grades, applications, and regions to maximize long-term value creation? Segment-Level Insights and Market Structure – Carbon Black Market The Global Carbon Black Market is structured around distinct production processes, grade classifications, application domains, and distribution pathways, each reflecting differences in performance requirements, volume intensity, and downstream industrial usage. Every segment contributes uniquely to overall market value, competitive positioning, and long-term growth potential, shaped by factors such as cost sensitivity, functional performance, regulatory constraints, and end-use industry cycles. Process Type Insights: Furnace Black Furnace black represents the structural backbone of the carbon black industry, accounting for the majority of global production and consumption. Its dominance is driven by its scalability, cost efficiency, and versatility across high-volume applications such as tire reinforcement and industrial rubber goods. From a market perspective, furnace black is closely tied to automotive production levels and replacement tire demand, making it a stable yet cyclical contributor to market revenues. While the segment is mature, incremental improvements in emission control, energy efficiency, and consistency continue to sustain its relevance. Acetylene Black Acetylene black occupies a specialized and performance-driven niche within the market. Its exceptionally high purity and electrical conductivity make it particularly suitable for advanced applications such as lithium-ion batteries, conductive plastics, and electronic components. Although its production volume is limited compared to furnace black, acetylene black commands premium pricing and higher margins. As electrification, energy storage, and electronics manufacturing expand globally, this segment is expected to gain strategic importance despite its smaller base. Lamp Black Lamp black serves niche pigment and coloration requirements, particularly in inks, coatings, and select specialty applications. Its production process yields fine particle structures that provide deep coloration but at higher production costs and lower scalability. Commercially, lamp black remains a selective choice where aesthetic and pigment properties outweigh cost considerations. Its growth trajectory is moderate and largely linked to specialty coatings, printing, and decorative applications rather than mass industrial use. Channel Black Channel black is a legacy segment with declining relevance in large-scale industrial markets. While it offers fine particle control and high surface area, its energy-intensive production and environmental limitations restrict widespread adoption. Today, channel black primarily serves specialized uses where precise particle characteristics are required. From a market standpoint, this segment contributes marginal volumes but remains relevant for niche formulations. Grade-Based Insights: Standard Grade Carbon Black Standard grade carbon black forms the foundation of high-volume industrial consumption, particularly in tires, hoses, belts, cables, and molded rubber products. Its widespread adoption is driven by balanced performance characteristics, reliable supply, and cost effectiveness. Commercially, this segment accounts for the largest share of total market volume but operates under relatively tight margins due to price sensitivity and strong buyer negotiating power. Demand trends closely mirror industrial production and automotive output. Specialty Grade Carbon Black Specialty grade carbon black represents a higher-value, innovation-oriented segment characterized by tailored particle size, structure, and surface chemistry. These grades are increasingly used in plastics, inks, coatings, batteries, and advanced polymer systems where performance attributes such as UV protection, conductivity, and dispersion quality are critical. Although volumes are lower than standard grades, specialty carbon black delivers superior margins and is expected to grow faster as downstream industries shift toward high-performance materials. Application Insights: Tires The tire segment is the single largest consumer of carbon black, reflecting its essential role as a reinforcing agent that enhances durability, abrasion resistance, and heat dissipation. Demand in this segment is driven by both original equipment manufacturing and replacement tire cycles. From a market standpoint, tires anchor baseline demand and provide long-term volume stability, though growth rates are influenced by vehicle production trends and mobility patterns. Plastics Plastics represent a rapidly expanding application area for carbon black, particularly in packaging, automotive components, electrical housings, and consumer goods. In this segment, carbon black is valued for UV protection, pigmentation, and conductivity enhancement. As lightweight materials and engineered plastics gain prominence, plastic applications are expected to deliver above-average growth within the overall market. Coatings In coatings, carbon black is primarily used as a pigment and performance additive, contributing to color depth, durability, and weather resistance. Demand is linked to construction activity, industrial maintenance, and protective coating applications. While not as volume-intensive as tires, coatings offer steady demand and higher value per unit consumed. Printing Inks Printing inks utilize carbon black for its color strength and dispersion properties, particularly in packaging, labeling, and publication printing. Although digitalization has moderated long-term growth, packaging and specialty printing continue to sustain demand. This segment remains moderately sized but stable, with emphasis on quality and consistency. Toners Toners represent a smaller but technically demanding application segment. Carbon black used in toners must meet stringent particle size and purity specifications to ensure print clarity and equipment compatibility. While overall volumes are limited, this segment benefits from premium pricing and specialized supply relationships. Segment Evolution Perspective While traditional process routes and standard grades continue to underpin global carbon black demand, the market is gradually shifting toward specialty grades, advanced applications, and performance-driven use cases. Simultaneously, sustainability considerations, emission regulations, and alternative material development are influencing investment decisions and capacity planning. Together, these dynamics are reshaping how value is distributed across segments, favoring innovation-led, high-margin applications over purely volume-driven growth. Market Drivers - Usage In the Plastics, Coatings, And Manufacturing Industries Are Expanding, And Demand for Carbon Black Is Expected to Increase as The Global Rubber Sector Expands. The global market for carbon black is being driven by an increase in demand for the material across various industries, including paints & coatings, rubber reinforcement, battery electrodes, plastics and inks & toners. The market for carbon black is primarily propelled by the rising use of carbon black in the tire sector. The volume of the worldwide tire industry was 1.498 billion units in 2020, down 11.5 percent from 2019, as per Kordsa Teknik Tekstil AS. It is also anticipated that by 2023, the volume of the entire tire sector will be 1.813 billion units. Carbon black is readily utilized as a reinforcement filler in formulations for the rubber used in tires and non tire products. Vehicle manufacturing and sales are increasing globally, which is boosting the entire industry. Rubber in the tires is frequently reinforced with carbon black and it accounts for around 30% of a tire's weight. Automotive rubber parts, including engine mounts, hoses, anti-vibration components, and sealing systems, all include carbon black, a crucial component. From a survey done by SMR, it can be stated that Asia is home to China, India, and Japan, three of the top four tire markets worldwide. In 2020, there were anticipated to be 1.3 billion tires sold in Asia, valued at US$ 97.4 billion. These three nations accounted for 70% of that market. The carbon black market is being driven by urbanization, industrial expansion, and an increase in the number of manufacturing and construction industries worldwide. In addition, carbon black is utilized to improve performance in several end-use industries, including the paint and coatings, ink and pigment, and plastics industries. Because it makes rubber stronger and more durable, carbon black is in high demand in the rubber sector. According to a research conducted by SMR, it can be concluded that the global demand for natural rubber (N.R.) increased by 9.3% year over year to 14.1 million tonnes in 2021. Tires made of rubber are protected from oxidation and U.V. rays by carbon black, another rubber component. As a result, carbon black is used more frequently as a filler in rubber compositions. It gives rubber strength, expands the material, and enhances its physical characteristics, particularly in mechanical rubber products like industrial rubber, membrane roofing, and automotive rubber components, including hoses, anti-vibration parts, and sealing systems. From a survey done by SMR, it can be stated that in both automotive and non-automotive applications, the rubber sector uses carbon black in amounts close to 90%. While only 30% of carbon black is used in non-tire applications, tires account for about 70% of its use. Apart from this, the rise in usage of recovered carbon black (eco-friendly material obtained from recycling of discarded tyres) , conductive carbon black (widely used for improvisation of thermal, and electric conductivity), radar-absorbent materials (formed by blending carbon black with glass composite, and used commonly for reduction of radar cross-section) , gum vulcanization (used widely for improvisation of physical properties of carbon black filled vulcanized rubber, like elasticity, oil resistance), etc., are also promoting the market growth. Restraints - Higher cost of Carbon Black Market The carbon black price has been escalating continuously with time. SMR’s research showed that in 2022, the price increased from almost USD 1415/Mega-ton to USD 1485/Mega-ton from the month of July till September, and in 2021 from nearly USD 1,330/MT to USD 1,365/MT from Jan to March, thereby plummeting market growth. During the production process of Carbon Black various hazardous gases are released like carbon monoxide, carbon dioxide, sulphur dioxide which is shrinking the overall product demand. These gases when inhaled can cause nausea, dizziness, headache, tightness of chest and many other detrimental health issues. As a result of which, various stringent rules and regulations are imposed by governments of myriad number of countries. International Agency for research on Cancer raised concerns with respect to the health hazards of the product on human beings. Carbon Black is listed by IARC as a Group 2B material which has a high level of carcinogenicity and can be detrimental to human health. The above restraining factors are causing reduced product adoption and is poised to hinder the overall market growth. Market Opportunities - High Demand in the APAC Market, Increasing Need for Conductive Characteristics and U.V. Protection in Polymers Asia Pacific led the global market for Carbon Black followed by Europe and North America. Environmental regulations that are too strict could hinder the growth in the markets of Europe and North America. However, the rising demand for tires is anticipated to support the industry. From a research conducted by SMR, it can be concluded that over $15 billion were spent on capital projects in the worldwide tire business in 2020. By 2024, there will be an average annual raise of 3.3 percent, reflecting both production and demand. The growing economy of Asia Pacific have had high economic growth, fast industrialization, and urbanization, increasing regional demand for carbon black. Positive regulatory policies and increasing foreign investment are the factors fostering market expansion. The region is becoming an industrial hub, which has boosted the demand for the material in recent years. Due to the reduced labor costs and government backing in nations like India, China, and Vietnam, major firms are moving their manufacturing operations there. An efficient and often used U.V. stabilizer is carbon black. The pigment uses particle reinforcement and U.V. absorber in various plastic applications. Before extruding or molding, U.V. stabilizers like carbon black are applied to plastic. The U.V. stabilizers absorb or screen the harmful U.V. rays, and their energy is converted into heat that is harmlessly dispersed throughout the product. When exposed to sunlight, all materials heat up because they absorb the sun's rays. While sunlight has little impact on many materials beyond basic heating, it does cause a breakdown in other materials, most notably polymers. Studies on the deterioration of plastic by sunshine have revealed that the frequencies at the higher energy end of sunlight, in the ultraviolet portion of the spectrum, are the most harmful for plastics. As carbon black absorbs U.V. radiation, it is added to polypropylene or polymers to prevent the material from deteriorating. Carbon Black Market Analysis Of Different Segments Covered in the Report Based on Process Acetylene Black Furnace Black Lamp Black Channel Black Based on Grade Specialty Grade Standard Grade Based on Application Tires Plastics Coatings Printing Inks Toners Regional Coverage Analysis North America The U.S. Mexico Canada Europe UK Germany Russia France The rest of Europe Asia-Pacific India China Japan Korea Rest of the Asia-Pacific LAMEA Saudi Arabia Brazil Rest of the LAMEA Segments Analysis & Insights The market for carbon black is divided into segments according to process, grade, application, and geography. According to the processing method, it is ramified into lampblack, furnace black, channel black, and acetylene black. The market's largest contributor was the black furnace category. The market share is expected to rise due to the furnace black method for rubber reinforcing. Additionally, this method is also employed to create color pigments for cosmetics, and its expanded usage is anticipated to further accelerate market expansion. Research conducted by SMR concludes that in 2022, the Cosmetics segment will generate $100.50 billion in revenue. The market is anticipated to expand by 7 percent yearly. This expansion in the cosmetic market will result in the expansion of the black furnace category in the global Carbon Black Market. Based on Grade, the market is ramified into speciality and standard grade. In the year 2021, standard grade dominated the carbon black market. This is due to the high adoption rate of standard grade rubber-based products like cables, wires, tires which are readily used for myriad number of industrial applications. Due to the increased usage in the plastic, inks and coatings industries, the speciality grade segment is going to witness and foster a significant growth rate. The rising need for lithium-ion batteries is anticipated to further accelerate market expansion during the forecast period. By 2030, it is anticipated to account for 29.25 percent of the market. In terms of Application, the market is divided into tires, plastics, coatings, printing inks, and toners. The market's largest contributor was the tire segment, but the category for plastics is anticipated to develop and prosper at the highest CAGR throughout the projection period. Carbon dark is a pigment and reinforcing component in automotive tires, accounting for around 70% of its most well-known applications. The capability of carbon black to transfer heat away from the tread and belt region of the tire reduces thermal damage and elongates the useful life of tires. The automotive market is anticipated and poised to grow predominantly as the demand for vehicles rises. The need for carbon black, notably for tires and seat belts, is expected to increase due to the above predominant factor. With a revenue share of greater than 40 percent in 2021, Asia Pacific emerged as the market for specialty carbon black that was expanding the fastest. Increased plastic usage in key end-use industries like automotive, construction, conductive polymers, & packaging is primarily responsible for this region's growth. An increase in polymer manufacturing is poised to continue to be a robust contributor to the regional market expansion during the forecast period especially in countries like China, India, and Southeast Asian nations, like South Korea, Thailand, Malaysia, and Vietnam. In 2021, North America carbon black market also held a sizable portion of around 2.51 billion USD. Demand for products including paints and coatings, molded plastics, wires and cables is projected to be sparked by the U.S. economy's economic recovery and growing commercial and automobile manufacturing activity. North America has a significant market for conductive grade speciality carbon black used in food packaging due to the expanding packaged and polymer food industries. One of the world's biggest automotive marketplaces is the United States. Due to newly discovered domestic cost advantages, major automakers have moved production from other nations to the United States. Because of its sizable consumer base, welcoming investment policies, accessible infrastructure, highly qualified labor, and government incentives, the United States has emerged as a global leader in the auto industry. Therefore, the resurgent automobile industry in the U.S. is anticipated to benefit the market. Regarding revenue, Europe was the second-largest geographical category in 2021, and it is predicted to grow at a CAGR of 7.45 percent over the next few years. This is linked to both the general economy's revival and the robust demand from the textile sector. Carbon Black Market Report Coverage Report Attribute Details Forecast Period 2021 – 2030 Market size value in 2021 USD 13.45 Billion The Revenue forecast in 2030 USD 21.85 Billion Growth rate 5.5% The base year for estimation 2021 Historical data 2017 - 2020 Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Process, Grade, Application, Region Regional scope Europe, Asia Pacific, North America, LAMEA Country scope US, Canada, Mexico, Russia, Germany, UK, France, Rest of Europe, China, Japan, India, South Korea, Africa, Brazil, Middle East, Saudi Arabia Rest of Latin America, Rest of Asia Pacific Key companies profiled Birla Carbon, Omsk Carbon Group, Continental Carbon Company, Atlas Organics Private Limited, International China Oak Investment Holdings Co. Ltd., Ralson, Cabot Corporation, Himadri Speciality Chemical Limited, Tokai Carbon Co Ltd., Orion Engineered Carbons GmbH, Philips Carbon Black Limited Carbon Black Market Competitive Landscape Analysis Participants in the market are targeting their efforts on creating new carbon black that is sustainable over the long run. Competitive factors significantly affecting market growth include regulatory approvals, product portfolio, pricing, and manufacturing technology. The market is experiencing massive capital expansions as businesses compete for future market share. The steps taken by businesses like Continental Carbon & Birla Carbon show that the market is anticipated to grow more quickly. As the demand for packaged foods rises across several nations, businesses in the Asia Pacific region concentrate on expanding their manufacturing capabilities. Players are also concentrating on raising their investments to expand their manufacturing capabilities and meet the growing demand for the items on a global scale. Some significant participants in the international specialty carbon black market are: Birla Carbon Omsk Carbon Group Continental Carbon Company Tokai Carbon Co, Ltd. Cabot Corporation International China Oak Investment Holdings Co., Ltd. Atlas Organics Private Limited Himadri Speciality Chemical Limited. Orion Engineered Carbons GmbH Philips Carbon Black Limited Ralson Recent Developments: On June 2022, Birla Carbon announced an increase in capacity in important markets. Strategic markets in Europe, India, and China will be included in the growth. According to the growth ambitions of its clients, Birla Carbon will expand by 80 kMT in India, 40 kMT in Hungary, and 80 kMT in China. By market trends driven by sustainability, the company will also increase its capacity for the surface treatment of high-value specialty materials in India to better serve customers in crucial applications like water-based coatings. VULCAN 3-LP carbon black, a new low polycyclic aromatic hydrocarbon compound for rubber use, was introduced by Cabot Corporation in October 2021. With this launch, the business showcased that it is dedicated to continue and offer creative solutions to the consumers' demands for high-performing products. Orion Engineered Carbons S.A. introduced a new renewable carbon black product called ECORAX Nature in June 2021 for rubber applications. Industrial-grade, plant-based oils not derived from fossil fuels which are renewable are used to make this product. Circle (A significant supplier of Sustainable Carbonaceous Materials) and Birla Carbon collaborated in May 2021. Thanks to this agreement, the tire, mechanical rubber goods, and plastic industries will now access the single largest supply of sustainable carbonaceous materials. At its manufacturing location in Franklin, United States, Cabot Corporation completed a significant air pollution reduction project in April 2021. This technology enhances air quality by significantly reducing NOX, and SO2 emissions, as a result of which over 20 tonnes of total pollutants are reduced daily. Additionally, Cabot's plant waste heat is collected and used to produce up to 50 megawatts of electricity without adding to greenhouse gas emissions. Various Devices that Market Leaders are Manufacturing Name Feature Key Player Industrial Rubber Carbon Black A variety of product qualities are offered by Industrial Rubber Carbon Black, each specific to the particular use. Carbon black offers the necessary characteristics for many of your everyday rubber applications, including resistance for weather stripping & commercial roofing, as well as abrasion resistance for footwear & flex strength for the conveyor belts and hoses. Continental Carbon Company N115 Under super abrasion black, it is a high fineness grade with a medium structure and surface activity. It has good capabilities for cut and chipping as well as tear strength. It works well for truck tyres and off-road tread compounds. Himadri Speciality Chemical Ltd. N121 Excellent fineness, high structure grade, and good surface activity. All are present in this black with super abrasion. It provides exceptional traction, treadwear, and durability. It is utilised in truck, bus, and passenger tyre formulations. Himadri Speciality Chemical Ltd. Frequently Asked Question About This Report What is carbon black used for? Although it is primarily used to harden rubber in tires, carbon black can also be used in many rubbers, plastics, printing, and coating applications as a pigment, U.V. stabilizer, conductive agent, or insulating agent. Which country produces the most carbon black? A significant source of black carbon production is China. The greatest exporter of black carbon in the world is China. The Asia Pacific is now the main region in the carbon black market due to China dominance in carbon black manufacturing and export. What is the value of the global carbon black market? The Global carbon black market size was valued at USD 12.7575 billion in 2020. It is predicted to reach a market share of USD 21.85 billion by 2030. The market share is expected to rise at a CAGR of 5.5 % throughout the forecasted period What was the market value in 2021? The Global Carbon Black Market share was valued at USD 13.5 billion in 2021. What is the market price for carbon black? In the first three months of 2022, the U.S. Carbon Black market experienced fluctuations as prices fell to USD 2555 per M.T. on a FOB basis in January and February and then rose to USD 2645 per M.T. in March. Sources https://www.rubbernews.com/war-ukraine/war-ukraine-causes-carbon-black-supply-shortages-sourcing-options-limited https://www.smithers.com/services/market-reports/transportation/tires-in-asia-to-2025 https://www.nasdaq.com/press-release/michelin%3A-michelin-announces-sales-of-eu15-billion-for-the-first-nine-months-of-2020 Table of Contents – Global Carbon Black Market Report (2021–2030) 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key Grade insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at Market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Carbon Black Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Grade Outlook 4.1 Market Snapshot 4.2 Carbon Black Market 4.2.1 Market, 2020 – 2028 (USD Million) 4.3 Regional Business Analysis 4.3.1 Market, by region, 2021-2030 (USD Million) 4.4 By Process Business Analysis 4.4.1 Market, By Process, 2021-2030 (USD Million) 4.5 By Grade Business Analysis 4.5.1 Market, By Grade, 2021-2030 (USD Million) 4.6 Application Business Analysis 4.6.1 Market, By Application, 2021-2030 (USD Million) 4.7 Value Chain Analysis 4.8 Market Variable Analysis 4.8.1 Market Drivers Analysis 4.8.2 Market Restraints Analysis 4.9 Business Environment Analysis Tool 4.9.1 Market PEST analysis 4.9.2 Market Porter’s analysis 4.10 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Application Analysis 5.11.1. Trends in Application (2014-2020) 5.11.2. Trends in Application (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By Region, By Countries) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Process 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Market: By Process Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Acetylene Black 7.3.1. Acetylene Black, 2021-2030 (USD Million) 7.4. Furnace Black 7.4.1. Furnace Black Market, 2021-2030 (USD Million) 7.5. Lamp Black 7.5.1. Lamp Black Market, 2021-2030 (USD Million) 7.6. Channel Black 7.6.1. Channel Black Market, 2021-2030 (USD Million) 8. Market: By Grade Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Specialty Grade 8.3.1. Specialty Grade Market, 2021-2030 (USD Million) 8.4. Standard Grade 8.4.1. Standard Grade Market, 2021-2030 (USD Million) 9. Market: By Application Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Tires 9.3.1. Tires Market, 2021-2030 (USD Million) 9.4. Plastics 9.4.1. Plastics Market, 2021-2030 (USD Million) 9.5. Coatings 9.5.1. Coatings Market, 2021-2030 (USD Million) 9.6. Printing Inks 9.6.1. Printing Inks Market, 2021-2030 (USD Million) 9.7. Toners 9.7.1. Toners Market, 2021-2030 (USD Million) 10. Market: Regional Outlook 10.1 North America 10.1.1. North America Market, By Process, 2021-2030 (USD Million) 10.1.2. North America Market, By Grade, 2021-2030 (USD Million) 10.1.3. North America Market, by Application, 2021-2030 (USD Million) 10.1.4. North America Market, by Country, 2021-2030 (USD Million) 10.1.4.1. U.S. 10.1.4.1.1. U.S. Market, By Process, 2021-2030 (USD Million) 10.1.4.1.2. U.S. Market, By Grade, 2021-2030 (USD Million) 10.1.4.1.3. U.S. Market, by Application, 2021-2030 (USD Million) 10.1.4.2. Canada 10.1.4.2.1. Canada Market, By Process, 2021-2030 (USD Million) 10.1.4.2.2. Canada Market, By Grade, 2021-2030 (USD Million) 10.1.4.2.3. Canada Market, by Application, 2021-2030 (USD Million) 10.2. Europe 10.2.1. Europe Market, By Process, 2021-2030 (USD Million) 10.2.2. Europe Market, By Grade, 2021-2030 (USD Million) 10.2.3. Europe Market, by Application, 2021-2030 (USD Million) 10.2.4. Europe Market, by country, 2021-2030 (USD Million) 10.2.4.1 U.K. 10.2.4.1.1. U.K. Market, By Process, 2021-2030 (USD Million) 10.2.4.1.2. U.K. Market, By Grade, 2021-2030 (USD Million) 10.2.4.1.3. U.K. Market, by Application, 2021-2030 (USD Million) 10.2.4.2. Germany 10.2.4.2.1. Germany Market, By Process, 2021-2030 (USD Million) 10.2.4.2.2. Germany Market, By Grade, 2021-2030 (USD Million) 10.2.4.2.3. Germany Market, by Application, 2021-2030 (USD Million) 10.2.4.3. France 10.2.4.3.1. France Market, By Process, 2021-2030 (USD Million) 10.2.4.3.2. France Market, By Grade, 2021-2030 (USD Million) 10.2.4.3.3. France Market, by Application, 2021-2030 (USD Million) 10.2.4.4. Rest of Europe 10.2.4.4.1. Rest of Europe Market, By Process, 2021-2030 (USD Million) 10.2.4.4.2. Rest of Europe Market, By Grade, 2021-2030 (USD Million) 10.2.4.4.3. Rest of Europe Market, by Application, 2021-2030 (USD Million) 10.3. Asia Pacific 10.3.1. Asia Pacific Market, By Process, 2021-2030 (USD Million) 10.3.2. Asia Pacific Market, By Grade, 2021-2030 (USD Million) 10.3.3. Asia Pacific Market, by Application, 2021-2030 (USD Million) 10.3.4. Asia Pacific Market, by country, 2021-2030 (USD Million) 10.3.4.1. China 10.3.4.1.1. China Market, By Process, 2021-2030 (USD Million) 10.3.4.1.2. China Market, By Grade, 2021-2030 (USD Million) 10.3.4.1.3. China Market, by Application, 2021-2030 (USD Million) 10.3.4.2. India 10.3.4.2.1. India Market, By Process, 2021-2030 (USD Million) 10.3.4.2.2. India Market, By Grade, 2021-2030 (USD Million) 10.3.4.2.3. India Market, by Application, 2021-2030 (USD Million) 10.3.4.3. Japan 10.3.4.3.1. Japan Market, By Process, 2021-2030 (USD Million) 10.3.4.3.2. Japan Market, By Grade, 2021-2030 (USD Million) 10.3.4.3.3. Japan Market, by Application, 2021-2030 (USD Million) 10.3.4.4. South Korea 10.3.4.4.1. South Korea Market, By Process, 2021-2030 (USD Million) 10.3.4.4.2. South Korea Market, By Grade, 2021-2030 (USD Million) 10.3.4.4.3. South Korea Market, by Application, 2021-2030 (USD Million) 10.3.4.5. Rest of ASIA PACIFIC 10.3.4.5.1. Rest of ASIA PACIFIC Market, By Process, 2021-2030 (USD Million) 10.3.4.5.2. Rest of ASIA PACIFIC Market, By Grade, 2021-2030 (USD Million) 10.3.4.5.3. Rest of ASIA PACIFIC Market, by Application, 2021-2030 (USD Million) 10.4. Latin America 10.4.1. Latin America Market, By Process, 2021-2030 (USD Million) 10.4.2. Latin America Market, By Grade, 2021-2030 (USD Million) 10.4.3. Latin America Market, by Application, 2021-2030 (USD Million) 10.4.4. Latin America Market, by country, 2021-2030 (USD Million) 10.4.4.1. Brazil 10.4.4.1.1. Brazil Market, By Process, 2021-2030 (USD Million) 10.4.4.1.2. Brazil Market, By Grade, 2021-2030 (USD Million) 10.4.4.1.3. Brazil Market, by Application, 2021-2030 (USD Million) 10.4.4.2. Mexico 10.4.4.2.1. Mexico Market, By Process, 2021-2030 (USD Million) 10.4.4.2.2. Mexico Market, By Grade, 2021-2030 (USD Million) 10.4.4.2.3. Mexico Market, by Application, 2021-2030 (USD Million) 10.4.4.3. Rest of Latin America 10.4.4.3.1. Rest of the Latin America Market, By Process, 2021-2030 (USD Million) 10.4.4.3.2. Rest of the Latin America Market, By Grade, 2021-2030 (USD Million) 10.4.4.3.3. Rest of the Latin America Market, by Application, 2021-2030 (USD Million) 10.5. MEA 10.5.1. MEA Market, By Process, 2021-2030 (USD Million) 10.5.2. MEA Market, By Grade, 2021-2030 (USD Million) 10.5.3. MEA Market, by Application, 2021-2030 (USD Million) 10.5.4. MEA Market, by Region, 2021-2030 (USD Million) 11. Competitive Landscape 11.1 BIRLA CARBON 11.1.1. Company overview 11.1.2. Financial performance 11.1.3. ProcessPortfolio Analysis 11.1.4. Business Strategy & Recent Development 11.2. Omsk Carbon Group 11.2.1. Company overview 11.2.2. Financial performance 11.2.3. Process Portfolio Analysis 11.2.4. Business Strategy & Recent Development 11.3. Continental Carbon Company 11.3.1. Company overview 11.3.2. Financial performance 11.3.3. Process Portfolio Analysis 11.3.4. Business Strategy & Recent Development 11.4. Tokai Carbon Co, Ltd 11.4.1. Company overview 11.4.2. Financial performance 11.4.3. Process Portfolio Analysis 11.4.4. Business Strategy & Recent Development 11.5. CABOT CORPORATION 11.5.1. Company overview 11.5.2. Financial performance 11.5.3. Process Portfolio Analysis 11.5.4. Business Strategy & Recent Development 11.6. International China Oak Investment Holdings Co., Ltd. 11.6.1. Company overview 11.6.2. Financial performance 11.6.3. Process Portfolio Analysis 11.6.4. Business Strategy & Recent Development 11.7. ATLAS ORGANICS PRIVATE LIMITED 11.7.1. Company overview 11.7.2. Financial performance 11.7.3. Process Portfolio Analysis 11.7.4. Business Strategy & Recent Development 11.8. Himadri Speciality Chemical Limited. 11.8.1. Company overview 11.8.2. Financial performance 11.8.3. Process Portfolio Analysis 11.8.4. Business Strategy & Recent Development 11.9. Orion Engineered Carbons GmbH 11.9.1. Company overview 11.9.2. Financial performance 11.9.3. Process Portfolio Analysis 11.9.4. Business Strategy & Recent Development 11.10. Philips Carbon Black Limited 11.10.1. Company overview 11.10.2. Financial performance 11.10.3. Process Portfolio Analysis 11.10.4. Business Strategy & Recent Development 11.11. Ralson 11.11.1. Company overview 11.11.2. Financial performance 11.11.3. Process Portfolio Analysis 11.11.4. Business Strategy & Recent Development List of Tables (59 Tables) TABLE 1. Market, By Process, 2021-2030 (USD Million) TABLE 2. Market FOR Acetylene Black, BY REGION, 2021-2030 (USD Million) TABLE 3. Market FOR Furnace Black, BY REGION, 2021-2030 (USD Million) TABLE 4. Market FOR Lamp Black, BY REGION, 2021-2030 (USD Million) TABLE 5. Market FOR Channel Black, BY REGION, 2021-2030 (USD Million) TABLE 6. Market, By Grade, 2021-2030 (USD Million) TABLE 7. Market FOR Specialty Grade, BY REGION, 2021-2030 (USD Million) TABLE 8. Market FOR Standard Grade, BY REGION, 2021-2030 (USD Million) TABLE 9. Market, BY APPLICATION, 2021-2030 (USD Million) TABLE 10. Market FOR Tires, BY REGION, 2021-2030 (USD Million) TABLE 11. Market FOR Plastics, BY REGION, 2021-2030 (USD Million) TABLE 12. Market FOR Coatings, BY REGION, 2021-2030 (USD Million) TABLE 13. Market FOR Printing Inks, BY REGION, 2021-2030 (USD Million) TABLE 14. Market FOR Toners, BY REGION, 2021-2030 (USD Million) TABLE 15. Market, BY REGION, 2021-2030 (USD Million) TABLE 16. NORTH AMERICA Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 17. NORTH AMERICA Market, By Process, 2021-2030 (USD Million) TABLE 18. NORTH AMERICA Market, By Grade, 2021-2030 (USD Million) TABLE 19. NORTH AMERICA Market, BY APPLICATION, 2021-2030 (USD Million) TABLE 20. EUROPE Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 21. EUROPE Market, By Process, 2021-2030 (USD Million) TABLE 22. EUROPE Market, By Grade, 2021-2030 (USD Million) TABLE 23. EUROPE Market, BY APPLICATION, 2021-2030 (USD Million) TABLE 24. ASIA-PACIFIC Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 25. ASIA-PACIFIC Market, By Process, 2021-2030 (USD Million) TABLE 26. ASIA-PACIFIC Market, By Grade, 2021-2030 (USD Million) TABLE 27. ASIA-PACIFIC Market, BY APPLICATION, 2021-2030 (USD Million) TABLE 28. LAMEA Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 29. LAMEA Market, By Process, 2021-2030 (USD Million) TABLE 30. LAMEA Market, By Grade, 2021-2030 (USD Million) TABLE 31. LAMEA Market, BY APPLICATION, 2021-2030 (USD Million) TABLE 32. BIRLA CARBON.: COMPANY SNAPSHOT TABLE 33. BIRLA CARBON.: OPERATING SEGMENTS TABLE 34. Omsk Carbon Group: COMPANY SNAPSHOT TABLE 35. Omsk Carbon Group: OPERATING SEGMENTS TABLE 36. Continental Carbon Company: COMPANY SNAPSHOT TABLE 37. Continental Carbon Company: OPERATING SEGMENTS TABLE 38. Tokai Carbon Co, Ltd: COMPANY SNAPSHOT TABLE 39. Tokai Carbon Co, Ltd: OPERATING SEGMENTS TABLE 40. CABOT CORPORATION: COMPANY SNAPSHOT TABLE 41. CABOT CORPORATION: OPERATING SEGMENTS TABLE 42. International China Oak Investment Holdings Co., Ltd.: COMPANY SNAPSHOT TABLE 43. International China Oak Investment Holdings Co., Ltd.: OPERATING SEGMENTS TABLE 44. ATLAS ORGANICS PRIVATE LIMITED: COMPANY SNAPSHOT TABLE 45. ATLAS ORGANICS PRIVATE LIMITED: OPERATING SEGMENTS TABLE 46. Orion Engineered Carbons GmbH: COMPANY SNAPSHOT TABLE 47. Orion Engineered Carbons GmbH: OPERATING SEGMENTS TABLE 48. Philips Carbon Black Limited.: COMPANY SNAPSHOT TABLE 49. Philips Carbon Black Limited.: OPERATING SEGMENTS TABLE 50. Ralson: COMPANY SNAPSHOT TABLE 51. Ralson: OPERATING SEGMENTS List of Figures (21 Figures) Figure 1 Carbon Black Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market Process-Based Estimation Figure 6 Top 11 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for Carbon Black, By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for Carbon Black, By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Grade, 2019 vs 2025 (USD Million) Figure 12 Market Share, By Application, 2019 vs 2025 (USD Million) Figure 13 Market Share, By Process, 2019 vs 2025 (USD Million) Figure 14 Geographical Snapshot of the Market Figure 15 Tires to Witness Higher CAGR in Market for Application Segment during Forecast Period. Figure 16 Furnace Black to Witness Higher CAGR in Market for Process Segment during Forecast Period. Figure 17 Standard Grade to Witness Higher CAGR in the Market for Grade Segment during Forecast Period. Figure 18 North America Region Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges Figure 20 North America: Market Snapshot Figure 21 Asia Pacific: Market Snapshot Figure 22 Vendor Dive: Evaluation Overview