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The global carbon black market was valued at US$ 15.7 Billion in 2021.
We expect the global carbon black market to exhibit a CAGR of 5.56% during 2022-2027.
The growing automotive industry has led to an extensive use of carbon black in the inner liners,
sidewalls, treads of tires, etc., represents one of the key factors driving the global carbon black market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of numerous end-use industries and
supply chain disruptions of carbon black.
Based on the type, the global carbon black market has been segmented into furnace black, channel
black, thermal black, acetylene black, and others. Currently, furnace black exhibits a clear dominance in
Based on the application, the global carbon black market can be divided into tire, non-tire rubber,
plastics, inks and coatings, and others. Among these, tire holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global carbon black market include 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.
Potting Soil and Mixes Market by Soil Type (All-Purpose Potting Soil and Mixes, Seed-Starting Mix, Organic Mix, Plant-Specific Mix), Application Type (Indoor Gardening, Lawn and Landscape, Certified Organic Users), Sales Channel (Offline Sales, Online Sales), and Region 2023-2028
Wood Coating Market by Coating Type (Stains and Varnishes, Shellac Coating, Wood Preservatives, Water Repellents, and Others), Resin Type (Acrylic, Nitrocellulose, Polyester, Polyurethane, and Others), Formulating Technology (Solvent-Borne, Water-Borne, UV-Cured, and Others), Application (Furniture, Cabinets, Siding, Flooring, and Others), and Region 2023-2028
Hybrid Fabrics Market by Fiber Type (Glass/Carbon, Carbon/UHMWPE, Glass/Aramid, Carbon/Aramid, and Others), Form (Composite, Non-composite), End Use Industry (Automotive and Aerospace, Industrial, Marine and Defense, Sports Equipment, and Others), and Region 2023-2028
Formic Acid Market by Type (Grade 85%, Grade 94%, Grade 99%, and Others), Application (Animal Feed and Silage Additives, Leather Tanning, Textile Dying and Finishing, Intermediary in Pharmaceuticals, and Others), End Use (Agriculture, Leather and Textile, Rubber, Chemical and Pharmaceutical, Dyeing, Animal Feed, and Others), and Region 2023-2028
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