[Latest] Global Carbon Black Market Size/Share Worth USD

Austin, TX, USA, March 20, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Carbon Black Market Size, Trends and Insights By Process (Furnace Black, Channel Black, Acetylene Black, Lamp Black), By Grade (Specialty Grade, Conductive Grade), By Application (Tires, Coatings, Plastics, Printing Inks, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of global Carbon Black Market size & share was valued at approximately USD 13.5 Billion in 2022 and is expected to reach USD 14.9 Billion in 2023 and is expected to reach a value of around USD 40.5 Billion by 2032, at a compound annual growth rate (CAGR) of about 4.6% during the forecast period 2023 to 2032.”

Click Here to Access a Free Sample Report of the Global Carbon Black Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=41820

Carbon Black Market: Overview

Carbon black is a fine, powdery form of carbon formed mostly from incomplete hydrocarbon combustion. It is made up of elemental carbon and typically includes trace quantities of hydrogen, oxygen, and other contaminants.

Carbon black is commonly used as a reinforcing filler in rubber products including tires, hoses, and belts because it improves elasticity, resistance to abrasion, and longevity.

Increasing need for sustainable and ecologically friendly carbon black manufacturing methods, which has resulted in greater study and funding in cleaner production technologies like gasification and pyrolysis.

Changing customer tastes and regulatory norms are driving a trend toward specialist carbon black grades designed for specific uses such as automobile tires, plastics, and coatings. Furthermore, the rise of the automotive and construction sectors, particularly in emerging nations, is driving up demand for carbon black as a reinforcing ingredient in rubber and tire production.

Furthermore, the growing digitization and use of sophisticated analytics are improving supply chain management and operating efficiencies throughout the carbon black business.

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By process, the furnace black segment held the highest market share in 2022 and is expected to keep its dominance during the forecast period 2024-2032. Furnace black in the carbon black market is showing signs of growing demand for high-performance grades, advances in manufacturing techniques for effectiveness, and a focus on sustainable practices to reduce environmental effects.

By grade, specialty grade segment held the highest market share in 2022 and is expected to keep its dominance during the forecast period 2024-2032. The growing popularity of high-performance applications such as electronics, plastics, and coatings is driving the specialty grade carbon black market, with a focus on lightweight, sustainable, and advanced material features.

By application, tires segment held the highest market share in 2022 and is expected to keep its dominance during the forecast period 2024-2032. Carbon black market trends for tires encompass rising demand for sustainable and high-performance materials, a focus on lowering rolling resistance for fuel economy, and developments in reinforcing technology.

The carbon black market in Asia-Pacific is increasing rapidly, owing to the expansion of the automobile and industrial industries, notably in China and India. Furthermore, there is a growing emphasis on sustainability practices, resulting in greater demand for specialized carbon blacks and ecologically friendly manufacturing techniques.

Orion Engineered Carbons GmbH produces and distributes carbon black goods. The firm provides goods that are largely utilized as consumables and additives in the manufacture of plastics, printing inks, and coatings, as well as in the reinforcement process of rubber polymers.

Report Scope

Feature of the Report	Details
Market Size in 2023	USD 14.9 Billion
Projected Market Size in 2032	USD 40.5 Billion
Market Size in 2022	USD 13.5 Billion
CAGR Growth Rate	4.6% CAGR
Base Year	2022
Forecast Period	2023-2032
Key Segment	By Process, Grade, Application and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Carbon Black report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Carbon Black report has been modified to include the COVID-19 impact study prior to delivery.)

Request a Customized Copy of the Carbon Black Market Report @ https://www.custommarketinsights.com/report/carbon-black-market/

CMI has comprehensively analyzed the Global Carbon Black market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Carbon Black industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

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Key questions answered in this report:

What is the size of the Carbon Black market and what is its expected growth rate?
What are the primary driving factors that push the Carbon Black market forward?
What are the Carbon Black Industry's top companies?
What are the different categories that the Carbon Black Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Carbon Black market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2023−2032
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Buy this Premium Carbon Black Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/carbon-black-market/

Carbon Black Market: Regional Analysis

By region, Carbon Black market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. The Asia-Pacific dominated the global Carbon Black market in 2022 with a market share of 40% in 2022 and is expected to keep its dominance during the forecast period 2024-2032.

Asia Pacific leads the carbon black market with rising industrialization, urbanization, and a booming automobile industry.

The region’s strong manufacturing base, particularly in China and India, requires large amounts of carbon black for tire manufacture, construction, and a variety of industrial processes.

Furthermore, rigorous environmental rules in advanced countries have resulted in the shift of carbon black production plants to Asia Pacific, where regulations may be less harsh, boosting market development. Furthermore, increased expenditures in infrastructure projects, such as road building and industrial growth, drive up demand for carbon black.

The region’s growing middle class and rising discretionary spending also increase demand for vehicles, boosting the demand for tires and, by extension, carbon black.

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Browse the full “Carbon Black Market Size, Trends and Insights By Process (Furnace Black, Channel Black, Acetylene Black, Lamp Black), By Grade (Specialty Grade, Conductive Grade), By Application (Tires, Coatings, Plastics, Printing Inks, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/carbon-black-market/

List of the prominent players in the Carbon Black Market:

Cabot Corporation
Birla Carbon
Orion Engineered Carbons
Continental Carbon Company
Tokai Carbon Co. Ltd.
Phillips Carbon Black Limited
Sid Richardson Carbon & Energy Co.
Mitsubishi Chemical Corporation
Jiangxi Black Cat Carbon Black Inc.
OCI Company Ltd.
Longxing Chemical Group
China Synthetic Rubber Corporation
Himadri Specialty Chemicals Ltd.
Omsk Carbon Group
Asahi Carbon Co. Ltd.
Ralson Carbon
Shandong Huadong Rubber Materials Co. Ltd.
Nippon Steel Chemical & Material Co. Ltd.
Suzhou Baohua Carbon Black Co. Ltd.
Jinneng Science & Technology Co. Ltd.
Others

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The Carbon Black Market is segmented as follows:

By Process

Furnace Black
Channel Black
Acetylene Black
Lamp Black

By Grade

Specialty Grade
Conductive Grade

By Application

Tires
Coatings
Plastics
Printing Inks
Others

Click Here to Get a Free Sample Report of the Global Carbon Black Market @ https://www.custommarketinsights.com/report/carbon-black-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Carbon Black Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Carbon Black Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Carbon Black Market? What Was the Capacity, Production Value, Cost and PROFIT of the Carbon Black Market?
What Is the Current Market Status of the Carbon Black Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Carbon Black Market by Considering Applications and Types?
What Are Projections of the Global Carbon Black Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Carbon Black Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Carbon Black Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Carbon Black Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Carbon Black Industry?

Click Here to Access a Free Sample Report of the Global Carbon Black Market @ https://www.custommarketinsights.com/report/carbon-black-market/

Reasons to Purchase Carbon Black Market Report

Carbon Black Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Carbon Black Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Carbon Black Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Carbon Black Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Carbon Black market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Carbon Black Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/carbon-black-market/

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Carbon Black market analysis.

The competitive environment of current and potential participants in the Carbon Black market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Carbon Black market should find this report useful. The research will be useful to all market participants in the Carbon Black industry.
Managers in the Carbon Black sector are interested in publishing up-to-date and projected data about the worldwide Carbon Black market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Carbon Black products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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