UAE Carbon Black Market Size & Outlook, 2022-2030
UAE carbon black market, 2018-2030 (US$M)
Related Markets
UAE carbon black market highlights
- The UAE carbon black market generated a revenue of USD 193.4 million in 2022 and is expected to reach USD 258.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 3.7% 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.
Carbon black market data book summary
| Market revenue in 2022 | USD 193.4 million |
| Market revenue in 2030 | USD 258.3 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Tires |
| Fastest growing segment | Plastics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, UAE accounted for 0.9% of the global carbon black market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE carbon black market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 258.3 million by 2030.
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Carbon Black Market Scope
Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 69.91% in 2022. Horizon Databook has segmented the UAE carbon black market based on tires, high performance coatings, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Stable economic outlook, higher disposable income and a largely import dependent automotive industry in the region shall act as driving forces for carbon black consumption in tires manufacturing.
Plastics consumption in UAE is also growing rapidly with strong growth for its end-use industries namely, packaging, automotive, and construction. This factor is also expected to contribute towards growth.
Reasons to subscribe to UAE 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 UAE 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 country-level data and insights on the UAE carbon black market , including forecasts for subscribers. This country databook contains high-level insights into UAE carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE carbon black market size, by application, 2018-2030 (US$M)
UAE Carbon Black Market Outlook Share, 2022 & 2030 (US$M)
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