Top Companies in the Carbon Black Market

The global carbon black market reached a value of US$ 17.2 Billion in 2023. Carbon black is a fine carbon powder prepared by partial combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled temperature and pressure conditions. It mainly comprises carbon and trace amounts of hydrogen, oxygen, sulfur, and nitrogen. It is widely used as a filler and a strengthening agent in tires and numerous rubber products. It absorbs ultraviolet (UV) light and converts it into heat. It also offers tire tread wear and rolling resistance, enhanced thermal conductivity, and excellent UV protection. Besides this, carbon black finds extensive applications as a performance enhancer across the plastics, paints, coatings, inks, and pigments industries.  

As per the analysis by IMARC Group, the top companies in the carbon black industry are focusing on product innovations to expand their offerings and customer base. They are investing heavily in research and development (R&D) activities to improve manufacturing processes while minimizing gas emissions within the permissible limit and enhancing product quality. Besides this, the leading manufacturers are expanding their production capacities to meet the escalating demand for carbon black from end use sectors. Other factors, including the launch of specialty-grade carbon black, technological advancements in manufacturing processes, and ongoing strategic collaborations among key players, are also anticipated to provide a positive thrust to the market growth. Looking forward, IMARC Group expects the market value to reach US$ 24.2 Billion by 2032, growing at a CAGR of 3.8% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Carbon Black industry with IMARC’s market research report. Try a free sample today!

Top Companies Operating in the Global Carbon Black Market

1. Cabot Corporation  

Establishment: 1882  
Headquarters: Massachusetts, the United States  
Website: https://www.cabotcorp.com/   

Cabot Corporation is a leading global specialty chemical and performance materials company. It mainly serves the transportation, infrastructure, environment, and consumer markets. It offers a wide range of products and solutions that can improve product performance, streamline manufacturing processes, and inspire innovation. Its diversified product portfolio comprises advanced carbons, aerogel, carbon blacks for elastomer reinforcement, fumed metal oxides, conductive carbon additives, inkjet colorants, and specialty carbons. With around 4,100 employees worldwide, the company has manufacturing facilities and sales offices across the Asia Pacific, North America, South America, Europe, and Middle East & Africa.   

2. Thai Carbon Black Public Company Limited (Birla Carbon)   

Establishment: 1978  
Headquarters: Bangkok, Thailand  
Website: https://www.birlacarbon.com/   

Thai Carbon Black Public Company Limited is part of the Aditya Birla Group. The company is mainly engaged in the manufacture and distribution of carbon black for sales to both local and overseas markets. It offers a wide range of carbon black solutions for tires, mechanical rubber goods, plastics, inks, coatings, and energy systems.   

3. Orion Engineered Carbons S.A.   

Establishment: 1862  
Headquarters: Texas, the United States  
Website: https://orioncarbons.com/index_en.php   

Orion Engineered Carbons S.A. is a leading worldwide supplier of carbon black. It manufactures specialty carbon black and rubber carbon black for coatings, printing, inks, polymers, tires, batteries, plastics, and other high-performance applications. Currently, the company owns innovation centers on three continents and 14 plants globally, offering the most production processes in the industry.  

4. Phillips Carbon Black Limited   

Establishment: 1960  
Headquarters: West Bengal, India  
Website: https://www.pcblltd.com/   

Phillips Carbon Black Limited is a global leader in performance materials and specialty chemicals. It is the largest carbon black manufacturer and exporter in India and a strong worldwide player with a significant customer base in over 45 countries. At present, the company has a manufacturing capacity of 6,03,000 MT per annum and generates 98 MW per hour of green power.  

5. Tokai Carbon Co., Ltd.   

Establishment: 1918  
Headquarters: Tokyo, Japan  
Website: https://www.tokaicarbon.co.jp/en/   

Tokai Carbon Co., Ltd. is a pioneer in the carbon industry engaged in the manufacture and supply of high-quality carbon and graphite products to the global market. The company’s main line of businesses includes carbon black, graphite electrodes, fine carbon, smelting and lining, industrial furnaces, friction materials, and anode materials. It primarily serves the iron, steel, aluminum, automotive, machinery, metallurgy, and electronics industries.  

6. Omsk Carbon Group OOO   

Establishment: 1944  
Headquarters: Omsk, Russia  
Website: http://en.omskcarbongroup.com/   

Omsk Carbon Group OOO is one of the ten leading carbon black producers across the world. It is also one of the fastest-growing private companies in the Siberian region. Its diverse product portfolio consists of both commodity grades for tire and rubber product industries and OMCARB special grades for polymer and paint applications.  

7. Jiangxi Black Cat Carbon Black Inc., Ltd.  

Establishment: 2001  
Headquarters: China  
Website: http://www.jx-blackcat.com/   

Jiangxi Black Cat Carbon Black Inc., Ltd. is a China-based company mainly engaged in the manufacture and distribution of chemical products. It has a broad product portfolio comprising carbon black, specialty carbon black, green carbon black, tar refined products, silica, tail gas, and others.   

8. OCI Company Ltd.  

Establishment: 1959  
Headquarters: Seoul, South Korea  
Website: https://www.oci.co.kr/eng/   

OCI Company Ltd. specializes in providing optimal solutions to customers globally through business portfolios ranging from basic chemical products to solar PV generation and urban development. It is also engaged in the export, import, and local distribution of chemicals and chemical-related products. Its main line of business includes basic chemicals, petrochemicals & carbon materials, and energy solutions.   

9. China Synthetic Rubber Corporation  

Establishment: 1973  
Headquarters: Taiwan, China  
Website: https://www.csrcgroup.com/   

China Synthetic Rubber Corporation is a global leader in carbon black manufacturing and integrated services. It offers carbon black for tires, MRG, plastics, rubber products, printing and coatings, and conductive applications. Presently, the company owns and operates eight production sites worldwide: one in Taiwan, three in the US, three in Mainland China, and one in India.

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