U.S. Carbon Black Market Size & Outlook, 2022-2030
U.S. carbon black market, 2018-2030 (US$M)
Related Markets
U.S. carbon black market highlights
- The U.S. carbon black market generated a revenue of USD 2,766.4 million in 2022 and is expected to reach USD 3,894.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.4% 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 2,766.4 million |
| Market revenue in 2030 | USD 3,894.1 million |
| Growth rate | 4.4% (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, U.S. accounted for 12.9% 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 North America, U.S. carbon black market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,894.1 million by 2030.
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Carbon Black Market Scope
Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 64.66% in 2022. Horizon Databook has segmented the U.S. carbon black market based on tires, high performance coatings, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Growing environmental concerns coupled with developing automotive industry is expected to drive U.S. carbon black market over the forecast period. Growing rubber products demand in the country is expected to drive carbon black consumption over the next seven years.
Strong demand for high performance coatings in industries such as marine, aerospace and industrial sector is further expected to fuel growth over the forecast period.
Further, increasing level of disposable personal income in the region is expected to generate healthy demand for automobiles and other consumer applications thereby translating into higher demand.
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Target buyers of U.S. 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 U.S. carbon black market , including forecasts for subscribers. This country databook contains high-level insights into U.S. carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. carbon black market size, by application, 2018-2030 (US$M)
U.S. Carbon Black Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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