Carbon Black Product Market Report 2025 (Global Edition)

Global Carbon Black Product Market Report 2024 Market Size Split by Type (Apparel, Agriculture, Automotive, Home Textiles, Others), by Application (Apparel, Agriculture, Automotive, Home Textiles, Oth...

Carbon Black Product Market Report Description

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Carbon Black Product Market Insights Video

Competitive Landscape of the Carbon Black Product Market

The competitive landscape of the Carbon Black Product market is characterized by intense rivalry and strategic maneuvers among key players. With Asia-Pacific leading the market at 56% market share and a substantial market size of USD 12.38 billion in 2023, major industry players are strategically positioning themselves to capitalize on this dominant region.

Carbon Black Product Industry News

• June 2021: Orion Engineered Carbons S.A. launched ECORAX Nature, a new renewable carbon black product for rubber applications. The solution is produced using plant-based oils of industrial grade that are non-fossil derived and renewable.

(Source: www.businesswire.com/news/home/20210617005838/en/Orion-Engineered-Carbons-First-To-Launch-Renewable-Carbon-Black-To-The-Tire-Industry-ECORAX%C2%AE-Nature)

Top Companies Market Share in Carbon Black Product Industry: (In no particular order of Rank)

• Birla Carbon Thailand Public Co. Ltd. (Thailand)
• Cabot Corporation (U.S.)
• Orion Engineered Carbons SA (Germany)
• Phillips Carbon Black Limited (India)
• CSRC Group (Taiwan)
• Omsk Carbon Group (Germany)
• OCI COMPANY Ltd. (South Korea)
• Himadri Speciality Chemicals Ltd. (India)
• Longxing Chemical Industry Co. Ltd. (China)
• Mitsubishi Chemical Holdings Corporation (Japan)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

The Asia-Pacific Carbon Black Product market accounted for a share of more than 56% of the global revenue in 2023

According to Cognitive Market Research, Asia-Pacific stands as the unrivaled leader in the carbon black market, commanding a formidable 56% market share and boasting a market size of USD 12.38 billion in 2023. This dominance is rooted in the region's robust industrial infrastructure, notably exemplified by economic powerhouses like China and India. The automotive sector, a major driver of carbon black demand, flourishes in this landscape, fuelled by increasing manufacturing activities. Carbon black finds extensive application in the production of automotive tires, industrial rubber products, and various plastic components. The segmentation analysis underscores its versatile utility across sectors, with a particular stronghold in the automotive, plastics, and rubber industries. With a majority market share and substantial market size, Asia-Pacific emerges as the cornerstone of the carbon black market, poised for sustained leadership fueled by ongoing industrial growth and its pivotal role in global manufacturing and trade.

North America emerges as the fastest region in the carbon black market, securing a notable 22% market share and a market size of USD 4.86 billion in 2023. This regional prowess is underpinned by advanced technological landscapes, stringent environmental regulations driving product innovation, and a robust automotive sector. The market's size and share are indicative of the region's commitment to sustainable practices and the continual evolution of its industrial infrastructure. Carbon black's application spans diverse sectors, with a prominent presence in the automotive and agriculture industries. The segmentation analysis highlights its significance across various types of carbon black, including acrylic, polyester, nylon, and others, contributing to the region's dynamic market landscape. North America's ascent as the fastest region underscores its adaptability to evolving market trends, solidifying its role in steering the carbon black market's trajectory.

The current report Scope analyzes Carbon Black Product Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Carbon Black Product Market

According to Cognitive Market Research, North America emerges as the fastest region in the carbon black market, securing a notable 22% market share and a market size of USD 4.86 billion in 2023. This regional prowess is underpinned by advanced technological landscapes, stringent environmental regulations driving product innovation, and a robust automotive sector. The market's size and share are indicative of the region's commitment to sustainable practices and the continual evolution of its industrial infrastructure. Carbon black's application spans diverse sectors, with a prominent presence in the automotive and agriculture industries. The segmentation analysis highlights its significance across various types of carbon black, including acrylic, polyester, nylon, and others, contributing to the region's dynamic market landscape. North America's ascent as the fastest region underscores its adaptability to evolving market trends, solidifying its role in steering the carbon black market's trajectory.

Europe Carbon Black Product Market

According to Cognitive Market Research, Europe emerges as a significant player, commanding a substantial 15% market share with a market size of USD 3.32 billion in 2023. The region's market size reflects its economic prowess and the diverse applications of carbon black across industries. In terms of regional analysis, Europe showcases a robust demand driven by applications such as apparel, agriculture, automotive, and home textiles. The segmentation analysis, featuring types like acrylic, polyester, nylon, and others, underscores the nuanced preferences within the European market. As companies navigate this competitive environment, strategic collaborations, technological advancements, and a focus on sustainability become paramount. The conclusion drawn is that Europe stands as a key hub within the global carbon black market, characterized by its significant market share and diverse application landscape. 

Asia Pacific Carbon Black Product Market

According to Cognitive Market Research, Asia-Pacific stands as the unrivaled leader in the carbon black market, commanding a formidable 56% market share and boasting a market size of USD 12.38 billion in 2023. This dominance is rooted in the region's robust industrial infrastructure, notably exemplified by economic powerhouses like China and India. The automotive sector, a major driver of carbon black demand, flourishes in this landscape, fueled by increasing manufacturing activities. Carbon black finds extensive application in the production of automotive tires, industrial rubber products, and various plastic components. The segmentation analysis underscores its versatile utility across sectors, with a particular stronghold in the automotive, plastics, and rubber industries. With a majority market share and substantial market size, Asia-Pacific emerges as the cornerstone of the carbon black market, poised for sustained leadership fuelled by ongoing industrial growth and its pivotal role in global manufacturing and trade.

South America Carbon Black Product Market

According to Cognitive Market Research, Latin America emerges as a distinctive region, commanding a noteworthy 5% market share, with a market size of USD 1.11 billion in 2023. The region's market size reflects its evolving economic landscape and the diverse applications of carbon black across various industries. In terms of regional analysis, Latin America exhibits a growing demand propelled by applications such as apparel, agriculture, automotive, and home textiles. The segmentation analysis, featuring types like acrylic, polyester, nylon, and others, emphasizes the varied preferences within the Latin American market. As companies navigate this competitive terrain, strategic collaborations, technological innovations, and a focus on sustainability become imperative. In conclusion, Latin America plays a pivotal role in the global carbon black market, marked by its substantial market share and a broad application spectrum.

Middle East and Africa Carbon Black Product Market

According to Cognitive Market Research, The Middle East and Africa carved out their niche, commanding a distinctive 2.00% market share, with a market size of USD 0.44 billion in 2023. Delving into the region's market size underscores the unique economic landscape and the specific applications of carbon black across diverse industries in the Middle East and Africa. A regional analysis reveals the evolving dynamics, with a focus on applications such as apparel, agriculture, automotive, and home textiles. The segmentation analysis, featuring types like acrylic, polyester, nylon, and others, sheds light on the nuanced preferences within this region. As companies navigate this competitive landscape, strategic alliances, technological innovations, and a commitment to sustainability become integral. In conclusion, the Middle East and Africa contribute significantly to the global carbon black market, marked by their distinct market share and diverse application domains.

Carbon Black Product Market Analysis

Type Segment Analysis of the Carbon Black Product Market

Polyester stands out as the dominant category in the carbon black market, owing to its widespread use and versatility. Carbon black is extensively employed in the production of polyester materials due to its ability to enhance the material's properties. Polyester reinforced with carbon black exhibits improved strength, durability, and resistance to environmental factors, making it a preferred choice in various industries, including textiles, automotive, and industrial applications. The dominance of carbon black-infused polyester underscores its pivotal role in meeting the diverse demands of industries seeking durable and high-performance materials.

The fastest-growing category in the carbon black market is witnessed in the realm of acrylic materials. The unique combination of carbon black and acrylic polymers results in materials with enhanced properties, including UV resistance, color stability, and improved strength. This synergy is particularly valuable in applications such as outdoor fabrics, awnings, and signage. As industries increasingly seek sustainable and high-performance alternatives, the demand for carbon black-infused acrylic is experiencing notable growth, marking it as the fastest-growing category within the market.

• Apparel
• Agriculture
• Automotive
• Home Textiles
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Carbon Black Product Industry. Request a Free Sample PDF!

Application Segment Analysis of the Carbon Black Product Market

According to Cognitive Market Research, the dominant category in the carbon black market is unquestionably the automotive sector. Carbon black is extensively used in tire manufacturing due to its ability to enhance tire performance, longevity, and overall safety. The automotive industry's insatiable demand for high-quality tires, coupled with the increasing global vehicle production, solidifies the dominance of carbon black in this sector. The material's reinforcing properties contribute to tire strength, durability, and resistance to abrasion, making it indispensable for meeting the stringent performance standards required in the automotive field.

The fastest-growing category in the carbon black market is witnessed in the realm of home textiles. Carbon black finds innovative applications in the production of textiles for home furnishings, including carpets, upholstery, and curtains. The material's properties, such as UV resistance and color stability, make it an attractive choice for enhancing the durability and aesthetics of home textiles. As consumers increasingly prioritize long-lasting and aesthetically pleasing home décor, the demand for carbon black-infused textiles is on a rapid ascent, marking it as the fastest-growing category within the market.

• Apparel
• Agriculture
• Automotive
• Home Textiles
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion