Carbon Black Market Suppliers,Revenue Analysis & Region and Country Forecast To 2027

 The increasing adoption of carbon black in the plastics industry and the growing demand of the product in the rubber industry will influence market demand.

The global Carbon Black Market is forecast to reach USD 28.91 Billion by 2027, according to a new report by Reports and Data. Carbon black is increasingly being used in tires, rubber and plastic products, printing inks, and coatings, owing to these properties. It is used in tires as it provides excellent rubber reinforcement. Though primarily used for strengthening rubber in tires, the product can also act as a pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating applications. Apart from tires, other everyday uses of carbon black are seen in objects like hoses, conveyor belts, plastics, printing inks, and automotive coatings.

Carbon black is one of the most commonly used conductive additive used for these batteries due to low weight, low cost, and high chemical inertness. Furthermore, it also provides higher battery capacity and rate capability and is non-toxic. Several studies have successfully shown that the adoption of the product improves the battery cycle life. For instance, Berkeley Lab researchers led by Robert Kostecki used carbon black additive for manufacturing composite cathodes for lithium-ion batteries. The resulting lithium-ion cells were found to last one-third longer and deliver more energy, at no significant increase in cost.

Top companies profiled in the report include: 

Phillips Carbon Black Limited, Cabot Corporation, OCI Company Ltd., Birla Carbon, Omsk Carbon Group, Orion Engineered Carbons SA, Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. Tokai Carbon, a Japanese chemical company is major global manufacturer. The company offers a wide variety of products, including SEAST, TOKABLACK, Aqua Black, and Thermal Black, for applications ranging from the automotive industry to electrical and electronics.

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Market Overview:

Increasing consumer inclination towards sustainability and thus considering products based on criteria such as circularity and carbon footprint is expected to change materials and chemical market trends during in the coming years.  The growing consumer concern about carbon emissions has prompted industry players to make investment in renewable energy, de-carbonization of transportation, and energy efficiency. These trends are expected to have a significant impact end markets for chemicals, notably in construction and automotive.

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Global Carbon Black Market Segmentation:

Process Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

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

Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Standard Grade
  • Specialty Grade

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Tires and Industrial Rubber
  • High Performance Coating
  • Plastics
    • Films and Sheets
    • Pressure Pipes
    • Molded Parts
  • Toners and Printing Inks
  • Wires and Cables
  • Paints and Coatings
  • Textile Fibers
  • Others

Regional Analysis covers:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

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