Canada Specialty Carbon Black Market Size & Outlook
Canada specialty carbon black market, 2018-2030 (US$M)
Related Markets
Canada specialty carbon black market highlights
- The Canada specialty carbon black market generated a revenue of USD 163.0 million in 2023 and is expected to reach USD 293.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, food contact was the largest revenue generating grade in 2023.
- Conductive is the most lucrative grade segment registering the fastest growth during the forecast period.
Specialty carbon black market data book summary
| Market revenue in 2023 | USD 163.0 million |
| Market revenue in 2030 | USD 293.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Food contact |
| Fastest growing segment | Conductive |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conductive, Fiber, Food Contact, Other Grades |
| Key market players worldwide | Tokai Carbon Co Ltd, Continental AG, Aditya Birla Group, Cabot Corp, Philips, Orion SA |
Other key industry trends
- In terms of revenue, Canada accounted for 5.9% of the global specialty carbon black market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. specialty carbon black market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 293.0 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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Canada 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 31.17% in 2023. Horizon Databook has segmented the Canada specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
Canada specialty carbon black market is driven by strong demand from end-use industries such as conductive polymers, packaged food & beverage, automotive and consumer goods. Battery electrodes application acquired significant share of conductive carbon black segment, due to increasing usage of lithium ion batteries in portable devices such as smartphones.
In addition, polyester fiber emerged as the largest application segment in the Canada fiber carbon black market, with high consumer demand for apparel, curtains, mattresses. Growth of manufacturing sector along with presence of large-scale carbon black manufacturers is anticipated to drive growth in the country.
Increasing application scope in electrostatic and conductive applications is anticipated to drive growth of the application segment. Rising demand from consumer goods and automotive industries is another key driving factor for conductive grade demand over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into Canada specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada specialty carbon black market size, by grade, 2018-2030 (US$M)
Canada Specialty Carbon Black Market Outlook Share, 2023 & 2030 (US$M)
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