North America Specialty Carbon Black Market Size & Outlook
North America specialty carbon black market, 2018-2030 (US$M)
Related Markets
North America specialty carbon black market highlights
- The North America specialty carbon black market generated a revenue of USD 642.9 million in 2023.
- The market is expected to grow at a CAGR of 8.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 642.9 million |
| Market revenue in 2030 | USD 1,139.9 million |
| Growth rate | 8.5% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 23.4% of the global specialty carbon black market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,849.9 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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North America 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 31.2% in 2023. Horizon Databook has segmented the North America specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
North America occupied a significantly large share within the global specialty carbon black market. Economic recovery in the U.S. and expanding automotive and commercial building activities are likely to trigger product demand in paints & coatings, molded plastics and wires & cables.
The region is also expected to benefit from a rapidly expanding automotive industry, where these products are mainly utilized as sealants for gaskets, liners in automobile dashboards, arm liners, instrument panels and other components.
This segment is the most lucrative market as well, with growing consumer demand for packaged food & beverages, especially in developed regions such as the U.S. and Canada. Conductive grade is anticipated to emerge as the fastest growing market, with high demand for polymers in automotive industry.
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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 continent-level data and insights on the North America specialty carbon black market , including forecasts for subscribers. This continent databook contains high-level insights into North America specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America specialty carbon black market size, by country, 2018-2030 (US$M)
North America Specialty Carbon Black Market Outlook Share, 2023 & 2030 (US$M)
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