South Africa Specialty Carbon Black Market Size & Outlook
South Africa specialty carbon black market, 2018-2030 (US$M)
Related Markets
South Africa specialty carbon black market highlights
- The South Africa specialty carbon black market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 8.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10% 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 4.2 million |
| Market revenue in 2030 | USD 8.1 million |
| Growth rate | 10% (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, South Africa accounted for 0.2% 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 Middle East & Africa, Saudi Arabia specialty carbon black market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 15.7 million by 2030.
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Specialty Carbon Black Market Scope
Specialty Carbon Black Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 30.95% in 2023. Horizon Databook has segmented the South Africa specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
Untapped potential in textile industry along with rapidly developing industrial sector in the country is expected to drive industry growth over the forecast period. In addition, increasing per capita disposable income coupled with rising construction spending is further anticipated to boost demand in the near future.
Additionally, growth of polymer industry coupled with increasing demand in construction sector is anticipated to drive growth in the country over the forecast period. According to the Textile Infomedia, South Africa manufactures approximately 40,000 MT/annum textile products.
The South African textile sector contributes around 9% to the country’s GDP, and is, thus, considered to be the second-largest source of tax revenue in the country. South Africa has prominent producers and exporters of textile yarn material, apparel, and garment products.
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Target buyers of South Africa 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 country-level data and insights on the South Africa specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into South Africa specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa specialty carbon black market size, by grade, 2018-2030 (US$M)
South Africa Specialty Carbon Black Market Outlook Share, 2023 & 2030 (US$M)
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