U.S. Carbon Black MarketU.S. Carbon Black Market Analysis Report 2024: Market to Grow by a CAGR of 4.2 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships
U.S. Carbon Black Market by Process Type (Furnace Black, Thermal Black, Acetylene Black, Others), by Grade (Standard, Specialty), by Application (Tire, Non-Tire Rubber, Plastics, Inks & Toners, Others), by Forecast 2024-2032
Base Year: 2023
180 Pages
U.S. Carbon Black Market Analysis Report 2024: Market to Grow by a CAGR of 4.2 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships
Key Insights
The U.S. Carbon Black Market size was valued at USD 3.48 USD Billion in 2023 and is projected to reach USD 4.64 USD Billion by 2032, exhibiting a CAGR of 4.2 % during the forecast period. Carbon black is a material produced by the incomplete combustion of coal tar, vegetable matter, or petroleum products, including fuel oil, fluid catalytic cracking tar, and ethylene cracking in a limited supply of air. Carbon black is a form of crystalline carbon that has a high surface-area-to-volume ratio, albeit lower than that of activated carbon. The most common use of carbon black is as a pigment and reinforcing phase in automobile tyres. Carbon black also helps conduct heat away from the tread and belt area of the tyre, reducing thermal damage and increasing tyre life Carbon black is mainly used to strengthen rubber in tyres, but can also act as a pigment, UV stabilizer, and conductive or insulating agent in a variety of rubber, plastic, ink, and coating applications. The U.S., being one of the largest bases for the hydrocarbon processing industry, naturally has an ample supply of raw materials to produce this form of carbon. Its unique property, such as its high capacity to absorb ultraviolet (UV) light and convert it into heat makes it less prone to wear and boosts its rolling resistance.
U.S. Carbon Black Trends
- Increasing demand from the tyre industry
- Growing use in non-tire rubber applications
- Adoption of speciality carbon black for enhanced performance
Driving Forces: What's Propelling the U.S. Carbon Black Market
- Rising Automobile Production: Carbon black is a key component in tyre manufacturing, driving market growth.
- Expansion of Industrial Applications: Carbon black finds increasing use in plastics, inks, and toners, broadening market demand.
Challenges and Restraints in the U.S. Carbon Black Market
- Environmental Regulations: Strict regulations on carbon emissions pose challenges for carbon black producers.
- Raw Material Cost Fluctuations: Variations in petroleum and natural gas prices affect production costs.
- Competition from Alternative Materials: The emergence of alternative materials, such as graphene, may hinder market growth.
Emerging Trends in U.S. Carbon Black
- Sustainability Focus: Manufacturers are exploring eco-friendly carbon black production methods.
- Functionalized Carbon Black: Research and development in carbon black with enhanced properties for specific applications.
- Nanocarbon Materials: Innovations in nanotechnology lead to advanced carbon black materials with improved performance.
Growth Catalysts in the U.S. Carbon Black Industry
- Technology Advancements: Improved production and processing technologies enhance efficiency and reduce costs.
- Government Support: Initiatives to promote sustainable and innovative carbon black technologies.
- Expansion of End-Use Applications: New applications in emerging industries, such as electronics and energy storage, will drive demand.
Market Segmentation: U.S. Carbon Black Analysis
Process Type:
- Furnace Black
- Thermal Black
- Acetylene Black
Grade:
- Standard
- Specialty
Application:
- Tyre
- Non-Tire Rubber
- Plastics
- Inks & Toners
Leading Players in the U.S. Carbon Black Market
- Cabot Corporation (US)
- Phillips Carbon Black (India)
- Continental Carbon Company (US)
- Tokai Carbon (Japan)
- Omsk Group (Russia)
- Jiangxi Black Carbon (China)
- Continental Carbon Company (U.S.)
- Omsk Group (Russia)
- Orion SA
- China Synthetic Rubber Corporation
Significant Developments in the U.S. Carbon Black Sector
- May 2023: Monolith's low-emission carbon black was successfully used in tire production by Goodyear Tire & Rubber Company.
- March 2022: Cabot Corporation acquires Tokai Carbon to expand its battery materials business.
Comprehensive Coverage U.S. Carbon Black Market Report
Our comprehensive report provides an in-depth analysis of the following aspects:
- Regional Insight
- Consumer Side Analysis
- Demand Side Analysis
- Import And Export Analysis
- Pricing Strategies
U.S. Carbon Black Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 4.2% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Expanding Packaging Industry to Propel the Market Growth
- 3.3. Market Restrains
- 3.3.1. Greenhouse Gas Emissions to Decrease Use of Traditional Production Technologies
- 3.4. Market Trends
- 3.4.1. Rising Emphasis on Environmentally Sustainable Iron Production to Create New Growth Opportunities
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Process Type
- 5.1.1. Furnace Black
- 5.1.2. Thermal Black
- 5.1.3. Acetylene Black
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Grade
- 5.2.1. Standard
- 5.2.2. Specialty
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Tire
- 5.3.2. Non-Tire Rubber
- 5.3.3. Plastics
- 5.3.4. Inks & Toners
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Process Type
- 6. Northeast U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Process Type
- 6.1.1 Furnace Black
- 6.1.2 Thermal Black
- 6.1.3 Acetylene Black
- 6.1.4 and Others
- 6.2. Market Analysis, Insights and Forecast - By Grade
- 6.2.1. Standard and Specialty
- 6.3. Market Analysis, Insights and Forecast - By Application
- 6.3.1 Tire
- 6.3.2 Non-Tire Rubber
- 6.3.3 Plastics
- 6.3.4 Inks & Toners
- 6.3.5 and Others
- 7. Southeast U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Process Type
- 7.1.1 Furnace Black
- 7.1.2 Thermal Black
- 7.1.3 Acetylene Black
- 7.1.4 and Others
- 7.2. Market Analysis, Insights and Forecast - By Grade
- 7.2.1. Standard and Specialty
- 7.3. Market Analysis, Insights and Forecast - By Application
- 7.3.1 Tire
- 7.3.2 Non-Tire Rubber
- 7.3.3 Plastics
- 7.3.4 Inks & Toners
- 7.3.5 and Others
- 8. Midwest U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Process Type
- 8.1.1 Furnace Black
- 8.1.2 Thermal Black
- 8.1.3 Acetylene Black
- 8.1.4 and Others
- 8.2. Market Analysis, Insights and Forecast - By Grade
- 8.2.1. Standard and Specialty
- 8.3. Market Analysis, Insights and Forecast - By Application
- 8.3.1 Tire
- 8.3.2 Non-Tire Rubber
- 8.3.3 Plastics
- 8.3.4 Inks & Toners
- 8.3.5 and Others
- 9. Southwest U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Process Type
- 9.1.1 Furnace Black
- 9.1.2 Thermal Black
- 9.1.3 Acetylene Black
- 9.1.4 and Others
- 9.2. Market Analysis, Insights and Forecast - By Grade
- 9.2.1. Standard and Specialty
- 9.3. Market Analysis, Insights and Forecast - By Application
- 9.3.1 Tire
- 9.3.2 Non-Tire Rubber
- 9.3.3 Plastics
- 9.3.4 Inks & Toners
- 9.3.5 and Others
- 10. West U.S. Carbon Black Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Process Type
- 10.1.1 Furnace Black
- 10.1.2 Thermal Black
- 10.1.3 Acetylene Black
- 10.1.4 and Others
- 10.2. Market Analysis, Insights and Forecast - By Grade
- 10.2.1. Standard and Specialty
- 10.3. Market Analysis, Insights and Forecast - By Application
- 10.3.1 Tire
- 10.3.2 Non-Tire Rubber
- 10.3.3 Plastics
- 10.3.4 Inks & Toners
- 10.3.5 and Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 Cabot Corporation (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Aditya Birla Group (India)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Orion Engineering Carbons (Luxembourg)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Phillips Carbon Black (India)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Tokai Carbon (Japan)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Jiangxi Black Carbon (China)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Continental Carbon Company (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Omsk Group (Russia)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Orion SA
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 China Synthetic Rubber Corporation
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Cabot Corporation (U.S.)
List of Figures
- Figure 1: U.S. Carbon Black Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: U.S. Carbon Black Market Value Share (%), by Process Type 2023 & 2031
- Figure 3: U.S. Carbon Black Market Value Share (%), by Grade 2023 & 2031
- Figure 4: U.S. Carbon Black Market Value Share (%), by Application 2023 & 2031
- Figure 5: U.S. Carbon Black Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Carbon Black Market Revenue USD Billion Forecast, by Process Type 2018 & 2031
- Table 2: U.S. Carbon Black Market Volume Kiloton Forecast, by Process Type 2018 & 2031
- Table 3: U.S. Carbon Black Market Revenue USD Billion Forecast, by Grade 2018 & 2031
- Table 4: U.S. Carbon Black Market Volume Kiloton Forecast, by Grade 2018 & 2031
- Table 5: U.S. Carbon Black Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 6: U.S. Carbon Black Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 7: U.S. Carbon Black Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 8: U.S. Carbon Black Market Volume Kiloton Forecast, by Region 2018 & 2031
- Table 9: U.S. Carbon Black Market Revenue USD Billion Forecast, by Process Type 2018 & 2031
- Table 10: U.S. Carbon Black Market Volume Kiloton Forecast, by Process Type 2018 & 2031
- Table 11: U.S. Carbon Black Market Revenue USD Billion Forecast, by Grade 2018 & 2031
- Table 12: U.S. Carbon Black Market Volume Kiloton Forecast, by Grade 2018 & 2031
- Table 13: U.S. Carbon Black Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 14: U.S. Carbon Black Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 15: U.S. Carbon Black Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 16: U.S. Carbon Black Market Volume Kiloton Forecast, by Region 2018 & 2031
- Table 17: U.S. Carbon Black Market Revenue USD Billion Forecast, by Process Type 2018 & 2031
- Table 18: U.S. Carbon Black Market Volume Kiloton Forecast, by Process Type 2018 & 2031
- Table 19: U.S. Carbon Black Market Revenue USD Billion Forecast, by Grade 2018 & 2031
- Table 20: U.S. Carbon Black Market Volume Kiloton Forecast, by Grade 2018 & 2031
- Table 21: U.S. Carbon Black Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 22: U.S. Carbon Black Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 23: U.S. Carbon Black Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 24: U.S. Carbon Black Market Volume Kiloton Forecast, by Country 2018 & 2031
- Table 25: Northeast U.S. Carbon Black Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 26: Northeast U.S. Carbon Black Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 27: Southeast U.S. Carbon Black Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 28: Southeast U.S. Carbon Black Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 29: Midwest U.S. Carbon Black Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 30: Midwest U.S. Carbon Black Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 31: Southwest U.S. Carbon Black Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 32: Southwest U.S. Carbon Black Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 33: West U.S. Carbon Black Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 34: West U.S. Carbon Black Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 35: U.S. Carbon Black Market Revenue USD Billion Forecast, by Process Type 2018 & 2031
- Table 36: U.S. Carbon Black Market Volume Kiloton Forecast, by Process Type 2018 & 2031
- Table 37: U.S. Carbon Black Market Revenue USD Billion Forecast, by Grade 2018 & 2031
- Table 38: U.S. Carbon Black Market Volume Kiloton Forecast, by Grade 2018 & 2031
- Table 39: U.S. Carbon Black Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 40: U.S. Carbon Black Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 41: U.S. Carbon Black Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 42: U.S. Carbon Black Market Volume Kiloton Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 4.2% from 2018-2032 |
| Segmentation |
|
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