Uploaded on Nov 23, 2020
Carbon Black Market Information by Form, Process, Grade, Application (Tires & Industrial Rubber, Plastics, Paints and Coatings, Others), End Use (Automotive and Transportation, Consumer Goods, Industrial, Others) and Region - Forecast to 2027
Carbon Black Market
Carbon Black Market Information by Form,
Process, Grade, Application (Tires &
Industrial Rubber, Plastics, Paints and
Coatings, Others), End Use (Automotive and
Transportation, Consumer Goods, Industrial,
Others) and Region - Forecast to 2027
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Market Summary
According to a new report by Reports and Data, the global Carbon Black market is forecast to reach USD
28.91 Billion by a2027. Carbon black is increasingly being used in tires, rubber and plastic products,
printing inks, and coatings. 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. Other
everyday uses of carbon black occur in objects like hoses, plastics, conveyor belts, printing inks, and
automotive coatings.
Carbon black is one of the most commonly used conductive additives for batteries due to low weight, low
cost, and high chemical inertness. Furthermore, it is non-toxic and provides higher battery capacity and
rate capability. Several studies have shown that the adoption of the product improves the battery life
cycle. 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.
Carbon Black Market: Segmentation
This report studies the revenue growth at global, regional, and country levels to provides an analysis of
market trends in each of the sub-segments from 2017 to 2027. For the purpose of this report, Reports
and Data have segmented the market on the basis of process type, grade, application, end-use, and
region:
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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
o Films and Sheets
o Pressure Pipes
o Molded Parts
• Toners and Printing Inks
• Wires and Cables
• Paints and Coatings
• Textile Fibers
• Others
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End Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Consumer Goods
• Industrial
• Automotive & Transportation
o Interior
o Exterior
o Fuel Systems
• Packaging
• Textiles
o Apparel
o Upholstery
• Others
Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Spain
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o Italy
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Taiwan
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East and Africa
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Report Highlights:
• Detailed overview of the parent market
• Changing carbon black market dynamics
• In-depth carbon black market segmentation
• Historical, present, and projected carbon black market size in terms of volume and value
• Recent carbon black market trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Segments, sub-segments, and geographical regions exhibiting promising growth
• A neutral perspective on carbon black market performance
Carbon Black Market: Regional Outlook
Asia-Pacific region is projected to dominate the market over the forecast period. Increasing adoption of
carbon black in end-use industries, such as automotive, paints, and coatings, and rubber is anticipated to
boost the market growth. Moreover, the expansion strategies resorted to by carbon black manufacturers
operating in the region would also influence growth. The North American carbon black market is
projected to witness significant growth as well. Increasing demand for tires from the automotive
industry, coupled with the rising demand for lithium-ion batteries from the automotive and
transportation industries, are major driving factors.
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Carbon Black Market: Key Players
• Phillips Carbon Black Limited
• Cabot Corporation
• OCI Company Ltd.
• Birla Carbon
• Omsk Carbon Group
• Orion Engineered Carbons SA
• Mitsubishi Chemical Corporation
• Tokai Carbon Co., Ltd.
The COVID-19 Impact on Carbon Black Market:
COVID-19 has had a significant effect on the global automotive market, affecting the carbon black
industry. However, the demand for the product from other sectors such as ceramics and refractories
were able to offset this decline. Furthermore, the pandemic also has a significant impact on the supply
chain as countries, particularly in the Asia Pacific, witnessed a significant slowdown in their economic
activities. However, the easing in restrictions and government initiatives to restart the economic
activities related to consumer goods creates hope for the imminent recovery of the market.
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