Carbon Black Market

Carbon black is a material produced by the incomplete combustion of heavy petroleum products such as Fluid Catalytic Cracking (FCC) tar, coal tar, ethylene cracking tar, or vegetable matter. Cotton, wool, acrylic, and nylon fabrics can be directly dyed by using surface modified carbon black.

Market Dynamics

The global carbon black market for textile fibers is witnessing rising prices of carbon black. For instance, in August 2021, Cabot Corporation, a leading global specialty chemicals and performance materials company, announced to increase the prices of all carbon black products sold by its specialty carbon business globally.

The major players operating in the global carbon black market for textile fibers are focused on expanding their logistics to enhance their market share. For instance, in February 2022, Orion Engineered Carbons opened a new production line in Italy for carbon black manufacturing, having 25 kiloton capacity for specialty and technical rubber carbon black, mainly for the Europe market.

The rising demand for carbon black in various applications, such as rubber reinforcement, paints & coatings, plastics, battery electrodes, and inks and toners, is driving the carbon black market growth. Increasing applications of carbon black in the tire industry is a major driver for the carbon black market. Carbon black is widely used as a reinforcement filler in the tire and non-tire rubber formulations. The growing sales and production of vehicles worldwide is contributing to the market growth. Carbon black can be popularly used in reinforcing rubber in tires. It can make up about 30% of the weight of a tire. Carbon black is an important component of automotive rubber parts in vehicles such as sealing systems, hoses, anti-vibration parts, and engine mounts.

Key features of the study:

• This report provides an in-depth analysis of the global carbon black market, and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global carbon black market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key development and strategies, and future plans
• The key companies covered as a part of this study include Orion Engineered Carbons, Cabot Corporation, Mitsubishi Chemical Corporation, Phillips Carbon Black Limited, Birla Carbon, Sid Richardson Carbon & Energy Co., Anyang HengXu Specialty Carbon Black Co., Ltd., and Imerys Graphite & Carbon
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future products launches, technology up-gradation, market expansion, and marketing tactics
• The global carbon black market report caters to various stakeholders in this industry including investors, suppliers, carbon black manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global carbon black market

Detailed Segmentation:

• Global Carbon Black Market, By Product Type:
  • Polyester
    • Filament Fiber
    • Staple Fiber
    • Others
  • Nylon
  • Acrylic
  • Others
• Global Carbon Black Market, By End User:
  • Introduction
  • Home Textiles
  • Apparels
  • Others
• Global Carbon Black Market, By Region:
  • North America
    • U.S.
    • Canada
  • Latin America
    
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    
    • Middle East
    • Africa
• Company Profiles
  • Orion Engineered Carbons
  • Cabot Corporation
  • Mitsubishi Chemical Corporation
  • Phillips Carbon Black Limited
  • Birla Carbon
  • Sid Richardson Carbon & Energy Co.
  • Anyang HengXu Specialty Carbon Black Co., Ltd.
  • Imerys Graphite & Carbon