Global Carbon Black Feedstock Market Size Study, by Source (Clarified Slurry Oil, Coal Tar Oil), Product (High BMCI Type, General Type), and Regional Forecasts 2022-2032

Description

The Global Carbon Black Feedstock Market is valued at approximately USD 7.4 billion in 2023 and is anticipated to grow at a CAGR of 4.40% over the forecast period 2024-2032. Carbon black feedstock, primarily sourced from clarified slurry oil and coal tar oil, serves as a critical raw material in the production of carbon black-a versatile industrial component used in rubber reinforcement, pigments, and specialty applications. Its exceptional properties, including durability, conductivity, and UV protection, make it indispensable across various industries, particularly automotive, construction, and electronics. The market is experiencing significant growth driven by increasing demand for carbon black in tire manufacturing and industrial rubber products, supported by expanding automotive and construction sectors globally.

The market's expansion is further fueled by the rising adoption of energy-efficient processes and advanced refining technologies, which enhance feedstock recovery and minimize production waste. High BMCI (Bureau of Mines Correlation Index) type feedstocks are gaining traction due to their superior carbon yield and efficiency in high-quality carbon black production. Additionally, the rising consumption of carbon black for specialty applications, such as conductive polymers and coatings, is bolstering market demand. However, price volatility in crude oil and coal tar, coupled with stringent environmental regulations, poses challenges for feedstock producers, pressuring them to innovate sustainable alternatives.

Despite these challenges, market players are actively exploring eco-friendly refining technologies and integrating circular economy solutions to minimize carbon footprints. The growing shift toward low-emission vehicles and lightweight materials in the automotive industry further augments the demand for carbon black feedstock. Opportunities lie in developing high-purity feedstocks with enhanced properties to meet the evolving needs of advanced applications. The increasing focus on renewable and recycled feedstock solutions also holds immense potential for market growth in the long term.

Regionally, the Asia-Pacific region dominates the carbon black feedstock market, driven by rapid industrialization, urbanization, and a booming automotive manufacturing sector in China, India, and Southeast Asia. The region's abundant access to raw materials and strong demand for tires and rubber products positions it as a major contributor to global growth. North America and Europe remain prominent markets, fueled by advancements in sustainable production technologies and consistent demand for carbon black in high-performance applications. Latin America and the Middle East & Africa are also emerging as promising regions, benefiting from growing infrastructure investments and rising automotive production.

The market's continued evolution is underpinned by the strategic efforts of key players to expand production capacities, enhance supply chain efficiencies, and align with sustainability goals. As global industries increasingly rely on carbon black for innovative and durable applications, the carbon black feedstock market is poised for steady growth over the forecast period.

Major Market Players Included in this Report Are:

BASF SE
Mitsubishi Chemical Corporation
ExxonMobil Corporation
Orion Engineered Carbons
Phillips 66 Company
Tokai Carbon Co., Ltd.
Cabot Corporation
OCI Company Ltd.
Himadri Speciality Chemical Ltd.
Birla Carbon
Epsilon Carbon Pvt. Ltd.
JFE Chemical Corporation
Rain Carbon Inc.
Nippon Steel Corporation
Hyundai Oilbank Co., Ltd.

The Detailed Segments and Sub-Segment of the Market Are Explained Below:

By Source:

Clarified Slurry Oil
Coal Tar Oil

By Product:

High BMCI Type
General Type

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years Considered for the Study Are as Follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level insights across major regions.
Competitive landscape with in-depth information on major players.
Analysis of key business strategies and recommendations for future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Carbon Black Feedstock Market Executive Summary

1.1. Global Carbon Black Feedstock Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Source
- 1.3.2. By Product
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Carbon Black Feedstock Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Carbon Black Feedstock Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand in Tire Manufacturing
- 3.1.2. Rising Consumption in Industrial Rubber Products
- 3.1.3. Adoption of Energy-Efficient Processes
3.2. Market Challenges
- 3.2.1. Price Volatility of Raw Materials
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Development of High-Purity Feedstocks
- 3.3.2. Innovations in Sustainable Refining Technologies
- 3.3.3. Expansion into Specialty Applications

Chapter 4. Global Carbon Black Feedstock Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Carbon Black Feedstock Market Size & Forecasts by Source 2022-2032

5.1. Segment Dashboard
5.2. Global Carbon Black Feedstock Market: Source Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Clarified Slurry Oil
- 5.2.2. Coal Tar Oil

Chapter 6. Global Carbon Black Feedstock Market Size & Forecasts by Product 2022-2032

6.1. Segment Dashboard
6.2. Global Carbon Black Feedstock Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. High BMCI Type
- 6.2.2. General Type

Chapter 7. Global Carbon Black Feedstock Market Size & Forecasts by Region 2022-2032

7.1. North America Carbon Black Feedstock Market
- 7.1.1. U.S. Carbon Black Feedstock Market
  - 7.1.1.1. Source Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Carbon Black Feedstock Market
7.2. Europe Carbon Black Feedstock Market
- 7.2.1. UK Carbon Black Feedstock Market
- 7.2.2. Germany Carbon Black Feedstock Market
- 7.2.3. France Carbon Black Feedstock Market
- 7.2.4. Spain Carbon Black Feedstock Market
- 7.2.5. Italy Carbon Black Feedstock Market
- 7.2.6. Rest of Europe Carbon Black Feedstock Market
7.3. Asia-Pacific Carbon Black Feedstock Market
- 7.3.1. China Carbon Black Feedstock Market
- 7.3.2. India Carbon Black Feedstock Market
- 7.3.3. Japan Carbon Black Feedstock Market
- 7.3.4. Australia Carbon Black Feedstock Market
- 7.3.5. South Korea Carbon Black Feedstock Market
- 7.3.6. Rest of Asia-Pacific Carbon Black Feedstock Market
7.4. Latin America Carbon Black Feedstock Market
- 7.4.1. Brazil Carbon Black Feedstock Market
- 7.4.2. Mexico Carbon Black Feedstock Market
- 7.4.3. Rest of Latin America Carbon Black Feedstock Market
7.5. Middle East & Africa Carbon Black Feedstock Market
- 7.5.1. Saudi Arabia Carbon Black Feedstock Market
- 7.5.2. South Africa Carbon Black Feedstock Market
- 7.5.3. Rest of Middle East & Africa Carbon Black Feedstock Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. Mitsubishi Chemical Corporation
- 8.1.3. ExxonMobil Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Mitsubishi Chemical Corporation
- 8.3.3. ExxonMobil Corporation
- 8.3.4. Orion Engineered Carbons
- 8.3.5. Phillips 66 Company
- 8.3.6. Tokai Carbon Co., Ltd.
- 8.3.7. Cabot Corporation
- 8.3.8. OCI Company Ltd.
- 8.3.9. Himadri Speciality Chemical Ltd.
- 8.3.10. Birla Carbon
- 8.3.11. Epsilon Carbon Pvt. Ltd.
- 8.3.12. JFE Chemical Corporation
- 8.3.13. Rain Carbon Inc.
- 8.3.14. Nippon Steel Corporation
- 8.3.15. Hyundai Oilbank Co., Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes