PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1892815
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1892815
Carbon Black Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026 - 2035
The Global Carbon Black Market was valued at USD 21.6 billion in 2025 and is estimated to grow at a CAGR of 6.3% to reach USD 39.8 billion by 2035.
The market is propelled by the expanding demand across multiple industries. Carbon black, as a finely divided form of carbon, plays a vital role as a reinforcing agent in rubber products, particularly tires, where it enhances strength, durability, and wear resistance. The surge in automotive production, especially in developing regions, is a key driver for tire-related applications. Additionally, carbon black is extensively used as a pigment in paints, coatings, and inks, offering deep black coloration and UV resistance. Emerging applications in electronics, conductive materials, batteries, and electromagnetic shielding align with the growth of electric vehicles and renewable energy. Specialty carbon blacks are also being developed for tailored industrial uses. At the same time, the industry is experiencing pressure to adopt environmentally sustainable manufacturing practices due to the particulate emissions and pollutants from conventional processes.
| Market Scope | |
|---|---|
| Start Year | 2025 |
| Forecast Year | 2026-2035 |
| Start Value | $21.6 Billion |
| Forecast Value | $39.8 Billion |
| CAGR | 6.3% |
The furnace black segment held an 83.1% share in 2025 and is projected to grow at a CAGR of 6.3% through 2035. Its cost-effectiveness and large-scale manufacturability make it the most widely used form of carbon black. The rubber, plastics, coatings, and ink industries are the primary consumers, driven by demand for durable, high-performance products.
The petroleum-based feedstocks segment held a 63.2% share in 2025 and is expected to grow at a CAGR of 6.4% from 2026 to 2035. Petroleum remains the dominant raw material due to its availability and economic feasibility. Advanced refining and processing technologies are being implemented to enhance efficiency and reduce emissions.
North America Carbon Black Market accounted for a 14.8% share in 2025. Growth is fueled by the automotive, rubber, and packaging industries, coupled with the adoption of sustainable production technologies. Investments in green technologies and strict environmental regulations in the U.S. and Canada are motivating manufacturers to produce cleaner, bio-based carbon blacks while maintaining high performance.
Major players in the Global Carbon Black Market include Continental Carbon, Black Bear Carbon BV, Mitsubishi Chemical Corporation, Birla Carbon India Private Limited, OCI Company Ltd, Asahi Carbon Co., Ltd., Jinneng Science and Technology Company Limited, Tokai Carbon Co., Ltd., Orion Engineered Carbons S.A., Phillips Carbon Black Limited, China Synthetic Rubber Corporation, Omsk Carbon Group OOO, Longxing Chemical Stock Co., Ltd., Shandong Huadong Rubber Materials Co., Ltd., and Monolith Materials, Inc. Companies in the Carbon Black Market are strengthening their market positions by investing in R&D to develop high-performance and specialty carbon blacks tailored for automotive, electronics, and industrial applications. Firms are focusing on sustainable production methods, including bio-based feedstocks and cleaner manufacturing technologies, to comply with environmental regulations and appeal to eco-conscious customers. Strategic partnerships with raw material suppliers and manufacturers enable secure supply chains and cost efficiency.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
Chapter 2 Executive Summary
- 2.1 Industry 3600 synopsis
- 2.2 Key market trends
- 2.2.1 Regional
- 2.2.2 Manufacturing process
- 2.2.3 Feedstock
- 2.2.4 End use industry
- 2.3 TAM Analysis, 2026-2035
- 2.4 CXO perspectives: Strategic imperatives
- 2.4.1 Executive decision points
- 2.4.2 Critical success factors
- 2.5 Future Outlook and Strategic Recommendations
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier landscape
- 3.1.2 Profit margin
- 3.1.3 Value addition at each stage
- 3.1.4 Factor affecting the value chain
- 3.1.5 Disruptions
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls and challenges
- 3.2.3 Market opportunities
- 3.3 Growth potential analysis
- 3.4 Regulatory landscape
- 3.4.1 North America
- 3.4.2 Europe
- 3.4.3 Asia Pacific
- 3.4.4 Latin America
- 3.4.5 Middle East & Africa
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- 3.7 Price trends
- 3.7.1 By region
- 3.7.2 By feedstock
- 3.8 Future market trends
- 3.9 Technology and Innovation landscape
- 3.9.1 Current technological trends
- 3.9.2 Emerging technologies
- 3.10 Patent Landscape
- 3.11 Trade statistics (HS code) ( Note: the trade statistics will be provided for key countries only)
- 3.11.1 Major importing countries
- 3.11.2 Major exporting countries
- 3.12 Sustainability and environmental aspects
- 3.12.1 Sustainable practices
- 3.12.2 Waste reduction strategies
- 3.12.3 Energy efficiency in production
- 3.12.4 Eco-friendly initiatives
- 3.13 Carbon footprint consideration
Chapter 4 Competitive Landscape, 2025
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.2.1 By region
- 4.2.1.1 North America
- 4.2.1.2 Europe
- 4.2.1.3 Asia Pacific
- 4.2.1.4 LATAM
- 4.2.1.5 MEA
- 4.2.1 By region
- 4.3 Company matrix analysis
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Key developments
- 4.6.1 Mergers & acquisitions
- 4.6.2 Partnerships & collaborations
- 4.6.3 New Product Launches
- 4.6.4 Expansion Plans
Chapter 5 Market Estimates and Forecast, By Manufacturing Process, 2022-2035 (USD Billion) (Kilo Tons)
- 5.1 Key trends
- 5.2 Furnace black
- 5.3 Thermal black
- 5.4 Acetylene black
- 5.5 Lamp black
- 5.6 Channel black
Chapter 6 Market Estimates and Forecast, By Feedstock, 2022-2035 (USD Billion) (Kilo Tons)
- 6.1 Key trends
- 6.2 Petroleum-based feedstocks
- 6.3 Coal-based feedstocks
- 6.4 Natural gas
- 6.5 Bio-based & renewable feedstocks
Chapter 7 Market Estimates and Forecast, By End Use Industry, 2022-2035 (USD Billion) (Kilo Tons)
- 7.1 Key trends
- 7.2 Automotive industry
- 7.2.1 Tire manufacturing
- 7.2.2 Non-tire automotive rubber
- 7.2.3 Automotive plastics
- 7.2.4 Automotive coatings
- 7.3 Construction industry
- 7.3.1 Roofing materials
- 7.3.2 Sealants & adhesives
- 7.3.3 Geomembranes & waterproofing
- 7.3.4 Cables & conduits
- 7.4 Industrial manufacturing
- 7.4.1 Conveyor belts
- 7.4.2 Industrial hoses & gaskets
- 7.4.3 Mechanical rubber goods
- 7.4.4 Industrial coatings
- 7.5 Electronics & electrical
- 7.5.1 Battery manufacturing
- 7.5.2 Semiconductors
- 7.5.3 Wire & cable insulation
- 7.5.4 Conductive polymers & composites
- 7.6 Packaging industry
- 7.6.1 Plastics packaging
- 7.6.2 Food-contact materials
- 7.6.3 Barrier films
- 7.7 Printing & publishing
- 7.7.1 Printing inks
- 7.7.2 Toners & inkjet inks
- 7.8 Textile industry
- 7.8.1 Textile printing & dyeing
- 7.8.2 Fiber modification
- 7.8.3 Specialty fabrics
- 7.9 Other industries
Chapter 8 Market Estimates and Forecast, By Region, 2022-2035 (USD Billion) (Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East and Africa
- 8.6.1 Saudi Arabia
- 8.6.2 South Africa
- 8.6.3 UAE
- 8.6.4 Rest of Middle East and Africa
Chapter 9 Company Profiles
- 9.1 Asahi Carbon Co., Ltd.
- 9.2 Birla Carbon India Private Limited
- 9.3 Black Bear Carbon BV
- 9.4 Cabot Corporation
- 9.5 China Synthetic Rubber Corporation
- 9.6 Continental Carbon
- 9.7 Jinneng Science and Technology Company Limited
- 9.8 Longxing Chemical Stock Co., Ltd.
- 9.9 Mitsubishi Chemical Corporation
- 9.10 Monolith Materials, Inc.
- 9.11 OCI Company Ltd
- 9.12 Omsk Carbon Group OOO
- 9.13 Orion Engineered Carbons S.A.
- 9.14 Phillips Carbon Black Limited
- 9.15 Qingzhou Boao Carbon Black Co., Ltd.
- 9.16 Shandong Huadong Rubber Materials Co., Ltd.
- 9.17 Tokai Carbon Co., Ltd.
