Market revenue in 2023 | USD 598.3 million |
Market revenue in 2030 | USD 1,024.3 million |
Growth rate | 8% (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 |
Key market players worldwide | Tokai Carbon Co Ltd, Continental AG, Aditya Birla Group, Cabot Corp, Philips, Orion SA |
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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 specialty carbon black market will help companies and investors design strategic landscapes.
Food contact was the largest segment with a revenue share of 31.19% in 2023. Horizon Databook has segmented the Europe specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
European specialty carbon black market generated overall demand of 202.4 kilotons in 2019. High demand from polymer industry is expected to drive carbon black market demand in Europe. Recovery of automotive industry in the region in countries such as Germany, France, UK, and Russia are anticipated to boost market growth over the forecast period.
Demand for specialty carbon black in paints & coatings and inks are expected to show an increase in the near future. Conductive polymers segment is largely drive increasing usage in semi-conducive applications coupled with recovery of automotive industry in the region.
Packaging emerged as the prominent food grade carbon black is the most lucrative market as well, with growing consumer demand for packaged food & beverages in countries such as UK, France, Italy and Russia.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe specialty carbon black market , including forecasts for subscribers. This continent databook contains high-level insights into Europe specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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