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Carbon Black Market Share

Report ID: GMI3551
Published Date: Nov 2024
Report Format: PDF

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Carbon Black Market Share

The market is very competitive, with a mix of global leaders and specialized regional companies. Birla Carbon is a top player with large production facilities and a focus on reducing emissions. Bridgestone Corporation, known for making tires, uses carbon black in its rubber products to improve performance. BTR New Material Group Co. Ltd. is another key company, focusing on new carbon-based materials.

Cabot Corporation is a major global provider that works on improving material performance and being environmentally responsible. Continental Carbon Company focuses on energy-efficient processes and strategic partnerships. Orion Engineered Carbons, known for its specialty carbon black, invests in innovations to improve conductivity and UV resistance.

GrafTech International and HEG Ltd. are important in the graphite and electrode markets, which share manufacturing technologies with carbon black. Regional companies like Lianyungang Jinli Carbon Co., Ltd. and OCI Company Ltd. add to market diversity. Phillips Carbon Black Limited from India is increasing its production capacity to meet growing global demand.

Carbon Black Market Companies

Major players operating in the carbon black industry are:

Birla Carbon
Bridgestone Corp
BTR New Material Group
Cabot Corp
Continental Carbon Company
GrafTech International
HEG
Lianyungang Jinli Carbon
Orion Engineered Carbons
OCI Company
Phillips Carbon Black
Showa Denko K. K
Syrah Resources
Tokai Carbon

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global carbon black industry was valued at USD 20.4 billion in 2024 and is estimated to grow at a CAGR of over 6.1% from 2025 to 2034, driven by rising demand for passenger vehicles.

The furnace black segment was valued at USD 14.8 billion in 2024 and is anticipated to expand at a 6.2% CAGR during 2025-2034 due to its cost-effective high yields and enhanced control over particle characteristics.

The U.S. carbon black market was valued at USD 3.3 billion in 2024 and is expected to grow at a 6% CAGR, driven by increased automotive sales and vehicle production.

Key players in the industry include Birla Carbon, Bridgestone Corp, BTR New Material Group, Cabot Corp, Continental Carbon Company, GrafTech International, HEG, Lianyungang Jinli Carbon, Orion Engineered Carbons, and OCI Company.