Middle East & Africa Carbon Black Market Size & Outlook
Middle East & Africa carbon black market, 2018-2030 (US$M)
Related Markets
MEA carbon black market highlights
- The MEA carbon black market generated a revenue of USD 511.8 million in 2022.
- The market is expected to grow at a CAGR of 3.9% 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, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 511.8 million |
| Market revenue in 2030 | USD 693.5 million |
| Growth rate | 3.9% (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, MEA region accounted for 2.4% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Carbon Black Market Scope
Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 70.18% in 2022. Horizon Databook has segmented the Middle East & Africa carbon black market based on tires, high performance coatings, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Major driving factors for the MEA market growth include increasing automotive sales (particularly luxury and high-performance cars in Middle East), and plastics demand in construction, automotive, packaging, and electrical & electronics.
Over the recent past, African economies have registered a stable growth trajectory with increased foreign investments towards manufacturing.
Also, a robust petrochemicals industry in Middle East and Northern Africa have been factors in driving regional plastics industry growth. The similar trend is expected to continue over the future, thus contributing towards carbon black demand and production growth.
Reasons to subscribe to Middle East & Africa carbon black market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
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 Middle East & Africa carbon black market databook
-
Our clientele includes a mix of carbon black market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Middle East & Africa carbon black market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA carbon black market size, by country, 2018-2030 (US$M)
Middle East & Africa Carbon Black Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
