U.S. Specialty Carbon Black Market Size & Outlook
U.S. specialty carbon black market, 2018-2030 (US$M)
Related Markets
U.S. specialty carbon black market highlights
- The U.S. specialty carbon black market generated a revenue of USD 479.9 million in 2023 and is expected to reach USD 846.9 million by 2030.
- The U.S. 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.
Specialty carbon black market data book summary
| Market revenue in 2023 | USD 479.9 million |
| Market revenue in 2030 | USD 846.9 million |
| Growth rate | 8.5% (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, U.S. accounted for 17.5% 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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U.S. 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 31.21% in 2023. Horizon Databook has segmented the U.S. specialty carbon black market based on conductive, fiber, food contact, other grades covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. represented a fairly large market within North America, with specialty carbon black demand accounting for a share of 79.0% in 2019. The U.S. is home to one of the largest automotive markets in the world. Major automakers have responded to new domestic cost advantages by shifting production from other countries to the U.S.
A large consumer market, open investment policy, available infrastructure, a highly skilled workforce, and government incentives, have made the U.S. a premier hub for the auto industry. Specialty carbon black market is thus subsequently expected to benefit from a revitalized automotive sector in the U.S. Fiber grade segment in the U.S.
Specialty carbon black market is expected to witness significant growth owing to increase in consumer demand for upholstery, pillows, comfortable mattresses, and other furniture in a progressively image-conscious market.
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Target buyers of U.S. 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 U.S. specialty carbon black market , including forecasts for subscribers. This country databook contains high-level insights into U.S. specialty carbon black market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. specialty carbon black market size, by grade, 2018-2030 (US$M)
U.S. Specialty Carbon Black Market Outlook Share, 2023 & 2030 (US$M)
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