Specialty Carbon Black Market Trends and Forecast
The future of the specialty carbon black market looks attractive with opportunities in the printing and packaging, building & construction, transportation, and industrial sectors. The global specialty carbon black market is expected to reach an estimated $4.6 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing demand for plastic and coating in the building and construction, packaging, and automotive industries.
Emerging Trends in the Specialty Carbon Black Market
Emerging trends, which have a direct impact on the dynamics of the specialty carbon black industry, include the shifting focus of carbon black suppliers from commodity to specialty function and increasing use of specialty carbon black as pigment in plastics.
A total of 112 figures / charts and 113 tables are provided in this 241-page report to help in your business decisions. A sample figure with insights is shown below.
Specialty Carbon Black Market by Segment
The study includes a forecast for the global specialty carbon black market by application, function, end use industry, and region as follows:
Specialty Carbon Black Market by Application [Kilotons and $M shipment analysis from 2018 to 2030]:
- Plastics
- Films
- Blow and Injection Molding
- Pipes
- Wire & Cable
- Fiber
- Others
- Ink
- Toners
- Printing Ink
- Others
- Coating
- Industrial
- Automotive
- Others
- Others
Specialty Carbon Black Market by End Use Industry [Kilotons and $M shipment analysis from 2018 to 2030]:
- Transportation
- Industrial
- Building and Construction
- Printing and Packaging
- Others
Specialty Carbon Black Market by Function [Kilotons and $M shipment analysis from 2018 to 2030]:
- Coloring (Pigmentation)
- Conductivity
- UV Protection
- Others
Specialty Carbon Black Market by Region [Kilotons and $M shipment analysis from 2018 to 2030]:
- North America
- Europe
- Germany
- The United Kingdom
- France
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
List of Specialty Carbon Black Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies specialty carbon black companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the specialty carbon black companies profiled in this report includes.
- Birla Carbon
- Orion Engineered Carbons
- Cabot Corporation
- Omsk Carbon Group
- Philips Specialty Carbon Black
- China Synthetic Rubber Corporation
- Tokai Carbon Co. Ltd.
- Denka Company Limited
- Himadri Specialty Chemical Ltd
- Imerys Graphite & Carbon
- Continental Carbon Company
Specialty Carbon Black Market Insight
- Lucintel forecasts that printing and packaging will remain the largest end use industries during the forecast period supported by increasing demand in the food and beverages, household products, personal care, and pharmaceuticals sectors.
- Specialty carbon black for plastic will remain the largest application and it is also expected to witness the highest growth over the forecast period with growth in packaging, plastic pipe, film, and wire & cable.
- Asia Pacific will remain largest region by value and volume and it is also expected to witness the highest growth over the forecast period supported by growth in demand for plastic, ink, and coatings in emerging countries, such as China and India.
Features of Specialty Carbon Black Market
- Market Size Estimates: Specialty carbon black market size estimation in terms of value ($M) and volume (kilotons)
- Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis: Market size by application, end use, and function.
- Regional Analysis: Specialty carbon black market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different application, end use, function, and regions for the specialty carbon black market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the specialty carbon black market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the specialty carbon black market size?
Answer: The global specialty carbon black market is expected to reach an estimated $4.6 billion by 2030.
Q2. What is the growth forecast for specialty carbon black market?
Answer: The specialty carbon black market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the specialty carbon black market?
Answer: The major drivers for this market are increasing demand for plastic and coating in the building and construction, packaging, and automotive industries.
Q4. What are the major applications or end use industries for specialty carbon black?
Answer: Printing and packaging and building and construction are the major end use industries for specialty carbon black.
Q5. What are the emerging trends in specialty carbon black market?
Answer: Emerging trends, which have a direct impact on the dynamics of the specialty carbon black industry, include the shifting focus of carbon black suppliers from commodity to specialty function and increasing use of specialty carbon black as pigment in plastics.
Q6. Who are the key specialty carbon black companies?
Answer: Some of the key specialty carbon black companies are as follows:
- Birla Carbon
- Orion Engineered Carbons
- Cabot Corporation
- Omsk Carbon Group
- Philips Specialty Carbon Black
- China Synthetic Rubber Corporation
- Tokai Carbon Co. Ltd.
- Denka Company Limited
- Himadri Specialty Chemical Ltd
- Imerys Graphite & Carbon
- Continental Carbon Company
Q7.Which specialty carbon black product segment will be the largest in future?
Answer: Lucintel forecasts that specialty carbon black for plastic will remain the largest application and it is also expected to witness the highest growth over the forecast period with growth in packaging, plastic pipe, film, and wire & cable.
Q8: In specialty carbon black market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
- Q.1 What are some of the most promising potential, high growth opportunities for the global specialty carbon black market by application (plastic, ink, coating, and others), by end use industry (transportation, industrial, building and construction, printing and packaging, and others), by function (color, conductivity, and UV protection) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q. 2 Which segments will grow at a faster pace and why?
- Q.3 Which regions will grow at a faster pace and why?
- Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
- Q.5 What are the business risks and threats to the market?
- Q.6 What are the emerging trends in this market and the reasons behind them?
- Q.7 What are the changing demands of customers in the market?
- Q.8 What are the new developments in the market? Which companies are leading these developments?
- Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
- Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
- Q.11 What M & A activities have taken place in the last 5 years in this market?