Global Specialty Carbon Black Market Size & Outlook
Global specialty carbon black market, 2018-2030 (US$M)
Related Markets
Global specialty carbon black market highlights
- The global specialty carbon black market generated a revenue of USD 2,743.8 million in 2023 and is expected to reach USD 5,400.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.2% by 2030.
- In terms of segment, food contact accounted for a revenue of USD 841.5 million in 2023.
- Conductive is the most lucrative grade segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,743.8 million |
| Market revenue in 2030 | USD 5,400.0 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Food contact |
| Fastest growing segment | Conductive |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conductive, Fiber, Food Contact, Other Grades |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global specialty carbon black market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 90.3 million by 2030.
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Specialty Carbon Black Market Scope
Specialty Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global specialty 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 specialty carbon black market will help companies and investors design strategic landscapes.
Food contact was the largest segment with a revenue share of 30.67% in 2023. Horizon Databook has segmented the Global specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Specialty Carbon Black Grade Outlook (Revenue, USD Million, 2018-2030)
- Conductive
- Conductive Polymers
- Paints & Coatings
- Battery Electrodes
- Printing Inks
- Other Conductive Applications
- Fiber
- Polyester Fiber
- PP Masterbatches
- Nylon Textiles
- Other Fiber Applications
- Food Contact
- Packaging
- Film & Sheet
- Consumer Molded Parts
- Other Food Contact Applications
- Other Grades
- Conductive
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Target buyers of Global specialty carbon black market databook
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Our clientele includes a mix of specialty 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 global-level data and insights on the Global specialty carbon black market , including forecasts for subscribers. This global databook contains high-level insights into Global specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global specialty carbon black market size, by regions, 2018-2030 (US$M)
Top 10 countries: Specialty carbon black market size, 2023 (US$M)
Global specialty carbon black market share, by grade, 2023 & 2030 (%, US$M)
Specialty carbon black market: Opportunity assessment by country
Global specialty carbon black market, by region, 2023 (US$M)
| Grade | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 479.1 | 508.8 | 503.2 | 551.0 | 596.2 | 642.9 | 695.8 | 753.7 | 817.2 | 886.8 | 963.4 | 1,047.4 | 1,139.9 | 8.5% |
| Europe | 476.2 | 472.1 | 474.6 | 517.6 | 557.8 | 598.3 | 644.7 | 695.2 | 750.3 | 810.2 | 875.5 | 946.7 | 1,024.3 | 8.0% |
| Asia Pacific | 855.2 | 880.8 | 923.4 | 1,035.6 | 1,154.7 | 1,288.5 | 1,439.2 | 1,609.0 | 1,800.5 | 2,016.7 | 2,260.9 | 2,537.2 | 2,849.9 | 12.0% |
| Latin America | 105.3 | 106.1 | 105.1 | 112.5 | 119.5 | 132.2 | 142.5 | 153.8 | 166.1 | 179.6 | 194.5 | 210.8 | 228.7 | 8.2% |
| MEA | 61.8 | 62.7 | 63.0 | 68.8 | 74.8 | 82.0 | 89.7 | 98.2 | 107.6 | 118.1 | 129.8 | 142.7 | 157.2 | 9.8% |
| Overall | 1,977.6 | 2,030.6 | 2,069.3 | 2,285.5 | 2,502.9 | 2,743.9 | 3,011.8 | 3,309.8 | 3,641.7 | 4,011.4 | 4,424.0 | 4,884.8 | 5,400.0 | 10.2% |
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