Market revenue in 2022 | USD 464.5 million |
Market revenue in 2030 | USD 618.1 million |
Growth rate | 3.6% (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 |
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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 65.55% in 2022. Horizon Databook has segmented the UK carbon black market based on tires, high performance coatings, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
The UK market is anticipated to witness significant growth owing to strong demand from end-use industries such as tires and plastics. Increasing automobile sales along with strong economic recovery post-recession is anticipated to emerge as the key driving force for market growth over the next seven years.
Further, increasing demand for lightweight auto components in automotive industry is expected to drive plastics consumption in the country over the forecast period. Rising automotive sales is further anticipated to drive tires demand in the region over the next seven years.
Horizon Databook provides a detailed overview of country-level data and insights on the UK carbon black market , including forecasts for subscribers. This country databook contains high-level insights into UK carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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