Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), 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: ETC13150066 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 | |
As per 6Wresearch, the Global Carbon Black Market was valued at approximately USD 19.2 billion in 2025 and is projected to reach USD 24.5 billion by 2031, growing at a CAGR of 5.8% during the forecast period of 2025-2031.
Report Name | Global Carbon Black Market |
Forecast Period | 2025-2031 |
Market Size | USD 24.5 billion by 2031 |
CAGR | 5.8% |
Growing Sector | Automotive |
The Global Carbon Black Market report thoroughly covers the market by regions, type, grade, and application. The 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 Global Carbon Black Market has recorded notable growth and will continue to grow in the forecast years ahead due to advances in technology and increasing take-up in applications. Carbon black is a black material, primarily used as a reinforcing agent for rubber products and as a black pigment for plastics and coatings.
Global Carbon Black Market is projected to see robust growth with a CAGR of 5.8% during the forecast period 2025-2031. The Global Carbon Black Market growth is driven by a number of important factors. Urbanization and infrastructure growth, especially in developing economies, created a need for durable and high-quality construction materials, many of which depend on carbon black to improve performance. The continuous growth of the automotive sector, especially tires, also shaped the demand for carbon black, as it is critical in improving tire strength and performance. Additionally, the rise of green manufacturing and the push towards sustainability have also created demand from companies that want to explore greener alternatives to carbon black to mitigate their environmental footprint
Although the carbon black market has huge growth potential, there are significant challenges ahead. Environmental regulations for carbon emissions have put pressure on carbon black manufacturers to move to 'green' processes, while the variability of the input raw materials and energy costs used in the production of carbon black may influence profitability. The emergence of competing alternative materials, like silica, represents a potential threat to market stability. Balancing rising demand with sustainability and cost will be the ongoing challenge for the carbon black market in the long run.
Emerging trends within the carbon black market reflect a shift toward innovation and sustainability. The increasing integration of recovered carbon black in industrial applications demonstrates the industry's pivot toward circular economy principles. Advances in research and development have opened pathways for the production of bio-based carbon black, which aligns with global sustainability goals. Furthermore, the rising adoption of carbon black in electric vehicles, particularly for battery applications, signifies a new dimension of market growth. These trends promise to reshape the industry while meeting the rising demand for eco-friendly and efficient solutions.
The Global Carbon Black Market Share demonstrates significant opportunities for investment, especially in developing areas where rapid industrialization and urbanization create demand. Investors should look into established recovered carbon black production capabilities given the growing emphasis on sustainability. Additionally, technology-backed alternatives like reducing production inefficiencies and obtaining bio-based carbon black will continue to offer high-return opportunities. Expansion in underdeveloped markets and partnerships with supply chain resilience in mind will be paramount in unlocking market potential.
Prominent companies in the global carbon black industry include manufacturers with a strong focus on innovation, market penetration, and sustainability. These include Cabot Corporation, Orion Engineered Carbons, Birla Carbon, Tokai Carbon Co. Ltd., Phillips Carbon Black Limited, Omsk Carbon Group, OCI Company Ltd. They continue to invest heavily in advanced technologies to enhance production efficiency and meet the demands of evolving user industries. Collaborative approaches, such as partnerships and mergers, are being pursued by leading players to strengthen their foothold in diverse geographical regions and address changing regulatory norms effectively. These strategies play a vital role in shaping the competitive landscape of the market.
Governments across the globe have created strict regulations to become environmentally compliant in the Global carbon black industry. Governments are focusing on restricting carbon emissions and are pushing manufacturers to produce clean by adopting cleaner production technologies and reducing their energy footprint. The Environmental Protection Agency (EPA) in the US is implementing the Clean Air Act to reduce carbon emissions from industrial activities, including carbon black production.
Furthermore, while carbon emissions are being limited, regulations are being put in place to keep workers safe and protect human health. For example, the Occupational Safety and Health Administration (OSHA) in the US has established exposure limits for workers to be exposed to carbon black dust to not exceed harmful levels of chemical compounds that could impact human health.
The Future of the Global Carbon Black Market seems promising. Advancement in bio-based and recovered carbon black production processes will drive greener manufacturing. The demand for carbon black will stay strong as the automotive and construction industries continue to grow. With increased investments in innovation, an emphasis on sustainability, and the need for circular economy approaches, the market will flourish and remain sustainable in the future. The Global Carbon Black Market will continue to be a crucial part of industrialization through supporting environmental and economic goals.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The Furnace Black type is expected to hold a significant share within the market due to its versatile applications and cost-effectiveness. This type is extensively utilized in tire reinforcements, industrial rubber products, and as a pigment in various coatings and plastics. Its ability to deliver superior performance characteristics makes it the most preferred category across industries.
Specialty carbon black is gaining traction due to its superior performance in advanced applications such as high-performance coatings, conductive polymers, and other industrial materials.
The Tires segment is projected to dominate the global carbon black market in the coming years. This dominance can be attributed to the increasing demand for tires in the automotive industry, along with the rise in production of vehicles globally.
According to Ravi Bhandari, Research Head, 6Wresearch, Asia Pacific is anticipated to lead the market, bolstered by high industrialization rates, rapid urbanization, and growing infrastructure projects in countries like China, India, and Southeast Asian nations. These factors collectively contribute to increased demand for tires, coatings, and plastic products, thereby fuelling the carbon black market in the region.
The Market Report includes the following 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 Global Carbon Black Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Carbon Black Market Revenues & Volume, 2021 & 2031F |
3.3 Global Carbon Black Market - Industry Life Cycle |
3.4 Global Carbon Black Market - Porter's Five Forces |
3.5 Global Carbon Black Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Carbon Black Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Carbon Black Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Global Carbon Black Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Carbon Black Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Carbon Black Market Trends |
6 Global Carbon Black Market, 2021 - 2031 |
6.1 Global Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Carbon Black Market, Revenues & Volume, By Furnace Black, 2021 - 2031 |
6.1.3 Global Carbon Black Market, Revenues & Volume, By Channel Black, 2021 - 2031 |
6.1.4 Global Carbon Black Market, Revenues & Volume, By Thermal Black, 2021 - 2031 |
6.1.5 Global Carbon Black Market, Revenues & Volume, By Acetylene Black, 2021 - 2031 |
6.1.6 Global Carbon Black Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Carbon Black Market, Revenues & Volume, By Standard, 2021 - 2031 |
6.2.3 Global Carbon Black Market, Revenues & Volume, By Specialty, 2021 - 2031 |
6.3 Global Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Carbon Black Market, Revenues & Volume, By Tires, 2021 - 2031 |
6.3.3 Global Carbon Black Market, Revenues & Volume, By High-performance Coatings, 2021 - 2031 |
6.3.4 Global Carbon Black Market, Revenues & Volume, By Plastics, 2021 - 2031 |
6.3.5 Global Carbon Black Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Carbon Black Market, Overview & Analysis |
7.1 North America Carbon Black Market Revenues & Volume, 2021 - 2031 |
7.2 North America Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Carbon Black Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Carbon Black Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Carbon Black Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.5 North America Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Carbon Black Market, Overview & Analysis |
8.1 Latin America (LATAM) Carbon Black Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Carbon Black Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Carbon Black Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Carbon Black Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Carbon Black Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.5 Latin America (LATAM) Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Carbon Black Market, Overview & Analysis |
9.1 Asia Carbon Black Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Carbon Black Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Carbon Black Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Carbon Black Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Carbon Black Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.5 Asia Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Carbon Black Market, Overview & Analysis |
10.1 Africa Carbon Black Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Carbon Black Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Carbon Black Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Carbon Black Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Carbon Black Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.5 Africa Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Carbon Black Market, Overview & Analysis |
11.1 Europe Carbon Black Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Carbon Black Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Carbon Black Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Carbon Black Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Carbon Black Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.5 Europe Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Carbon Black Market, Overview & Analysis |
12.1 Middle East Carbon Black Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Carbon Black Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Carbon Black Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Carbon Black Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Carbon Black Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Carbon Black Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Carbon Black Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.5 Middle East Carbon Black Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Carbon Black Market Key Performance Indicators |
14 Global Carbon Black Market - Export/Import By Countries Assessment |
15 Global Carbon Black Market - Opportunity Assessment |
15.1 Global Carbon Black Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Carbon Black Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Carbon Black Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.4 Global Carbon Black Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Carbon Black Market - Competitive Landscape |
16.1 Global Carbon Black Market Revenue Share, By Companies, 2024 |
16.2 Global Carbon Black Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |