The global carbon black market was worth US$ 11.7 Billion in 2018. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products.
The growing automotive industry is one of the key factors driving the market growth. Carbon black is extensively used in the inner liners, sidewalls and treads of tires as it increases their strength and longevity. It is also applied in various extruded and molded industrial rubber products such as air springs, belts, hoses, gaskets and types of conveyor wheels and grommets. Furthermore, the flourishing construction and manufacturing sectors are also driving the market growth. These sectors extensively utilize industrial rubber and other related equipment, in which carbon black forms an integral part. Moreover, in the paints and coatings industry, it is used in jet black paints which act as a protective coating to various products. Apart from this, as the mixture of carbon black and cement results in an enhanced uniformity, surface hardness, tensile strength and compressive strength, there has been an increase in the demand for carbon black in the construction industry. Looking forward, IMARC Group expects the market to reach a value of US$ 14.5 Billion by 2024, registering a CAGR of around 3.6% during 2019-2024.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- Furnace Black
- Channel Black
- Thermal Black
- Acetylene Black
- Others
- Market Breakup by Grade:
- Standard Grade
- Specialty Grade
- Market Breakup by Application:
- Tire
- Non-Tire Rubber
- Plastics
- Inks and Coatings
- Others
- Market Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Cabot Corporation, Thai Carbon Black Public Company Limited (Birla Carbon), Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Tokai Carbon Co., Ltd., Omsk Carbon Group OOO, Jiangxi Black Cat Carbon Black Inc., Ltd., OCI Company Ltd., China Synthetic Rubber Corporation, SID Richardson Carbon & Energy Co., etc.
Key Questions Answered in This Report:
- How has the global carbon black market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global carbon black industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global carbon black industry?
- What are the key driving factors and challenges in the global carbon black industry?
- What is the structure of the global carbon black industry and who are the key players?
- What is the degree of competition in the global carbon black industry?
- What are the profit margins in the global carbon black industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Carbon Black Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Grade
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Type
6.1 Furnace Black
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Channel Black
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Thermal Black
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Acetylene Black
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Grade
7.1 Standard Grade
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Grade
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Tire
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-Tire Rubber
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Plastics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Inks and Coatings
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 North America
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cabot Corporation
14.3.2 Thai Carbon Black Public Company Limited (Birla Carbon)
14.3.3 Orion Engineered Carbons S.A.
14.3.4 Phillips Carbon Black Limited
14.3.5 Tokai Carbon Co., Ltd.
14.3.6 Omsk Carbon Group OOO
14.3.7 Jiangxi Black Cat Carbon Black Inc., Ltd.
14.3.8 OCI Company Ltd.
14.3.9 China Synthetic Rubber Corporation
14.3.10 SID Richardson Carbon & Energy Co.
List of Figures
Figure 1: Global: Carbon Black Market: Major Drivers and Challenges
Figure 2: Global: Carbon Black Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Carbon Black Market: Breakup by Type (in %), 2018
Figure 4: Global: Carbon Black Market: Breakup by Grade (in %), 2018
Figure 5: Global: Carbon Black Market: Breakup by Application (in %), 2018
Figure 6: Global: Carbon Black Market: Breakup by Region (in %), 2018
Figure 7: Global: Carbon Black Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Carbon Black Industry: SWOT Analysis
Figure 9: Global: Carbon Black Industry: Value Chain Analysis
Figure 10: Global: Carbon Black Industry: Porter’s Five Forces Analysis
Figure 11: Global: Carbon Black (Furnace Black) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: Carbon Black (Furnace Black) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Carbon Black (Channel Black) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: Carbon Black (Channel Black) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Carbon Black (Thermal Black) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: Carbon Black (Thermal Black) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Carbon Black (Acetylene Black) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: Carbon Black (Acetylene Black) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Carbon Black (Other Types) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: Carbon Black (Other Types) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Carbon Black (Standard Grade) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: Carbon Black (Standard Grade) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Carbon Black (Specialty Grade) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: Carbon Black (Specialty Grade) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Carbon Black (Tire) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: Carbon Black (Tire) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Carbon Black (Non-Tire Rubber) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: Carbon Black (Non-Tire Rubber) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Carbon Black (Plastics) Market: Sales Value (in Million US$), 2013-2018
Figure 30: Global: Carbon Black (Plastics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Carbon Black (Inks and Coatings) Market: Sales Value (in Million US$), 2013-2018
Figure 32: Global: Carbon Black (Inks and Coatings) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Carbon Black (Other Applications) Market: Sales Value (in Million US$), 2013-2018
Figure 34: Global: Carbon Black (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Asia Pacific: Carbon Black Market: Sales Value (in Million US$), 2013-2018
Figure 36: Asia Pacific: Carbon Black Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Europe: Carbon Black Market: Sales Value (in Million US$), 2013-2018
Figure 38: Europe: Carbon Black Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: North America: Carbon Black Market: Sales Value (in Million US$), 2013-2018
Figure 40: North America: Carbon Black Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Middle East and Africa: Carbon Black Market: Sales Value (in Million US$), 2013-2018
Figure 42: Middle East and Africa: Carbon Black Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Latin America: Carbon Black Market: Sales Value (in Million US$), 2013-2018
Figure 44: Latin America: Carbon Black Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Carbon Black Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Carbon Black Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Carbon Black Market Forecast: Breakup by Grade (in Million US$), 2019-2024
Table 4: Global: Carbon Black Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 5: Global: Carbon Black Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Carbon Black Market Structure
Table 7: Global: Carbon Black Market: Key Players