Market Forecast By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others), By Grade (Standard, Specialty), By Application (Tires, High-performance Coatings, Plastics, Others) And Competitive Landscape
Product Code: ETC091131 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Carbon Black Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 11.69% in 2025 and reaches 15.26% by 2029.
By 2027, Bangladesh's Carbon Black market is forecasted to achieve a high growth rate of 12.78%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Bangladesh Carbon Black Market report thoroughly covers the market by type, by grade, and by application. The Bangladesh Carbon Black market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Carbon black market in Bangladesh is experiencing a significant growth driven by factors such as its vital role in the automotive and manufacturing sectors. As the demand for durable rubber products and the burgeoning automotive industry continue to rise, carbon black stands as a critical component fuelling this growth.
According to 6Wresearch, the Bangladesh Carbon Black Market size is expected to grow at a significant CAGR of 9.3% during the forecast period 2025-2031. The Bangladesh Carbon Black Market is primarily driven by the growing demand from the automotive sector, where carbon black is extensively used as a reinforcing agent in tires and other rubber products. Additionally, the construction sector contributes to the demand due to its use in conveyor belts, gaskets, and seals. Rapid industrialization, coupled with an increase in manufacturing activities, further propels the Bangladesh Carbon Black Market growth in this country. However, the market faces significant challenges, particularly concerning environmental regulations and the fluctuation in raw material prices poses a substantial challenge for manufacturers, impacting the overall production cost. Despite these challenges, some trends are leading the market. These trends are a shift towards the adoption of green and sustainable practices, with manufacturers increasingly focusing on cleaner production processes and the development of eco-friendly products. Another growing trend is the application of carbon black in battery electrodes, driven by the rising demand for electric vehicles and renewable energy storage solutions. This diversification in application sectors is likely to open new avenues for market growth soon.
The major players in the carbon black market in Bangladesh include Cabot Corporation, Thai Carbon Black Public Company Limited, Orion Engineered Carbons SA, Phillips Carbon Black Limited, Tokai Carbon Co., Ltd., Omsk Carbon Group, Jiangxi Black Cat Carbon Black Inc., Ltd., OCI Company Ltd., and China Synthetic Rubber Corporation.
Government regulations play a crucial role in shaping the carbon black market in Bangladesh. These regulations may include environmental policies, import/export regulations, quality standards, and taxation policies that impact the production, import, and distribution of carbon black within the country.
future insights for the carbon black market in Bangladesh, factors such as the growth of key industries like rubber, construction, and automotive sectors, increasing demand for specialty carbon black, and the country's economic development trajectory are expected to drive market growth. Additionally, advancements in technology, evolving consumer preferences, and potential collaborations or partnerships within the industry can further shape the future landscape of the carbon black market in Bangladesh.
According to Dhaval, Research Manager, 6Wresearch, furnace Black is gaining traction in the market due to its extensive application in the production of automotive tires and mechanical rubber goods. Furnace Black's superiority lies in its ability to impart desirable properties like durability and strength to rubber products, making it a linchpin in the automotive sector's supply chain.
Based on the application, tires segment holds the largest share in the overall carbon black market. This can be attributed to the growing demand for automobiles and an increase in road construction projects. With the rise in population and economic growth, there has been a significant increase in the production of vehicles, leading to a surge in the demand for tires
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Carbon Black Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Carbon Black Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Carbon Black Market - Industry Life Cycle |
3.4 Bangladesh Carbon Black Market - Porter's Five Forces |
3.5 Bangladesh Carbon Black Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Carbon Black Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Bangladesh Carbon Black Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Bangladesh Carbon Black Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Carbon Black Market Trends |
6 Bangladesh Carbon Black Market, By Types |
6.1 Bangladesh Carbon Black Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Carbon Black Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Bangladesh Carbon Black Market Revenues & Volume, By Furnace Black, 2021 - 2031F |
6.1.4 Bangladesh Carbon Black Market Revenues & Volume, By Channel Black, 2021 - 2031F |
6.1.5 Bangladesh Carbon Black Market Revenues & Volume, By Thermal Black, 2021 - 2031F |
6.1.6 Bangladesh Carbon Black Market Revenues & Volume, By Acetylene Black, 2021 - 2031F |
6.1.7 Bangladesh Carbon Black Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Bangladesh Carbon Black Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Carbon Black Market Revenues & Volume, By Standard, 2021 - 2031F |
6.2.3 Bangladesh Carbon Black Market Revenues & Volume, By Specialty, 2021 - 2031F |
6.3 Bangladesh Carbon Black Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Carbon Black Market Revenues & Volume, By Tires, 2021 - 2031F |
6.3.3 Bangladesh Carbon Black Market Revenues & Volume, By High-performance Coatings, 2021 - 2031F |
6.3.4 Bangladesh Carbon Black Market Revenues & Volume, By Plastics, 2021 - 2031F |
6.3.5 Bangladesh Carbon Black Market Revenues & Volume, By Others, 2021 - 2031F |
7 Bangladesh Carbon Black Market Import-Export Trade Statistics |
7.1 Bangladesh Carbon Black Market Export to Major Countries |
7.2 Bangladesh Carbon Black Market Imports from Major Countries |
8 Bangladesh Carbon Black Market Key Performance Indicators |
9 Bangladesh Carbon Black Market - Opportunity Assessment |
9.1 Bangladesh Carbon Black Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Carbon Black Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Bangladesh Carbon Black Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Carbon Black Market - Competitive Landscape |
10.1 Bangladesh Carbon Black Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Carbon Black Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |