Asia Pacific Carbon Black Market Size & Outlook, 2022-2030
Asia Pacific carbon black market, 2018-2030 (US$M)
Related Markets
Asia Pacific carbon black market highlights
- The Asia Pacific carbon black market generated a revenue of USD 13,521.8 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, tires was the largest revenue generating application in 2022.
- Plastics is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 13,521.8 million |
| Market revenue in 2030 | USD 20,383.1 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Tires |
| Fastest growing segment | Plastics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tires, High Performance Coatings, Plastics |
| Key market players worldwide | Orion Group Holdings Inc, Cabot Corp, Mitsubishi Corp, Imerys, Birla Carbon USA, Sid Richardson Carbon & Energy Co, Mongolian Mining Corp, Phillips Carbon Black, Continental Carbon, Tokai Carbon |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 63.3% of the global carbon black market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,383.1 million by 2030.
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Carbon Black Market Scope
Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific carbon black market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon black market will help companies and investors design strategic landscapes.
Tires was the largest segment with a revenue share of 69.46% in 2022. Horizon Databook has segmented the Asia Pacific carbon black market based on tires, high performance coatings, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive industry is a significant contributor to global economic activity. Vast size of the industry has a serious impact on diverse industries and sectors, both upstream and downstream. The automobile industry has been witnessing establishment of new manufacturing facilities.
This resulted in tire manufacturers opening new units in vicinity of automobile production centers. Moving production landscape ultimately resulted in increasing number of carbon black producers in the region.
Increasing high performance coatings demand from end-use industries such as marine, aerospace, decorative, wood and industrial coatings is further expected to drive regional market growth over the next seven years.
Reasons to subscribe to Asia Pacific carbon black market databook:
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Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific carbon black market databook
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Our clientele includes a mix of carbon black market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific carbon black market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific carbon black market size, by country, 2018-2030 (US$M)
Asia Pacific Carbon Black Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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