The carbon black prices in the United States for Q3 2024 reached 1,810 USD/MT in September. Significant cost fluctuations occurred in the carbon black industry in Q3 2024 as a result of declining crude oil rates, a reduce in vehicle demand, and rivalry from sales from Asia. Increased freight and import expenses contributed to mid-quarter price peaks, but prices eventually leveled down.

Explore IMARC’s newly published report, titled “Carbon Black Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of carbon black pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Carbon Black was 559.63200 Index Dec 1983=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Carbon Black reached a record high of 683.96400 in July of 2022 and a record low of 76.10000 in April of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Carbon Black - last updated from the United States Federal Reserve on March of 2025.

In Q3 2024, the Carbon Black market in the APAC region experienced growth, driven by rising demand from sectors like tire manufacturing and fluctuating raw material prices, resulting in a volatile market environment. Conversely, Europe faced sustained weak demand, which…

China Market Price: Monthly Avg: Inorganic Chemical Material: Carbon Black: Activated Carbon: Purify Water and Air data was reported at 11,800.000 RMB/Ton in Jan 2025. This records an increase from the previous number of 11,700.000 RMB/Ton for Dec 2024. China Market Price: Monthly Avg: Inorganic Chemical Material: Carbon Black: Activated Carbon: Purify Water and Air data is updated monthly, averaging 10,800.000 RMB/Ton from Jun 2020 (Median) to Jan 2025, with 56 observations. The data reached an all-time high of 12,100.000 RMB/Ton in Jul 2024 and a record low of 8,950.000 RMB/Ton in Aug 2021. China Market Price: Monthly Avg: Inorganic Chemical Material: Carbon Black: Activated Carbon: Purify Water and Air data remains active status in CEIC and is reported by China National Chemical Economic and Technical Development Centre. The data is categorized under China Premium Database’s Price – Table CN.PC: China Petroleum & Chemical Industry Association: Petrochemical Price: Inorganic Chemical Material.

According to Cognitive Market Research, the global Carbon Black Oil Market size will be USD 28142.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 11257.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 8442.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 6472.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1407.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 562.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Rubber Reinforcement held the highest Carbon Black Oil Market revenue share in 2024.

Market Dynamics of Carbon Black Oil Market

Key Drivers for Carbon Black Oil Market

The Significant Role of the Automotive Industry's Expansion in Emerging Economies in Fueling Growth in the Carbon Black Oil Market

The automotive industry's expansion, particularly in emerging economies, is a significant driver of the carbon black oil market. As vehicle production rises to meet escalating consumer demand, the need for high-quality rubber tires intensifies. Carbon black oil, a crucial component in tire manufacturing, reinforces rubber compounds, enhancing tire durability and performance. Moreover, the increasing trend towards lightweight vehicles for improved fuel efficiency further boosts the demand for carbon black oil-based materials in automotive applications. This symbiotic relationship between the automotive industry's growth and the carbon black oil market underscores the market's robustness and promising outlook.

The Role of Carbon Black Oil in Driving Growth in the Construction Industry

The construction industry's resurgence, propelled by urbanization, infrastructure development projects, and economic growth, is another key driver of the carbon black oil market. Carbon black oil finds extensive use in construction materials such as concrete, asphalt, and coatings. In concrete, it enhances strength, durability, and resistance to environmental factors, making it ideal for infrastructure projects. Additionally, carbon black oil-based coatings provide protective layers against corrosion, weathering, and abrasion, prolonging the lifespan of structures. With the construction sector witnessing sustained expansion globally, the demand for carbon black oil in construction applications is expected to continue its upward trajectory, presenting lucrative opportunities for market players.

Restraint Factor for the Carbon Black Oil Market

Navigating Price Volatility in the Carbon Black Oil Market

One restraint of the Carbon Black Oil Market lies in its susceptibility to price volatility driven by fluctuating crude oil prices. Carbon black oil, derived from heavy petroleum feedstocks, is closely tied to the dynamics of the oil market. Any shifts in global oil supply and demand, geopolitical tensions, or regulatory changes affecting the oil industry can directly impact the cost of carbon black oil production. This volatility poses challenges for manufacturers and consumers alike, leading to uncertainty in pricing strategies, production planning, and overall market stability. Moreover, prolonged periods of high oil prices can exert pressure on margins and profitability within the carbon black oil industry, constraining growth and investment opportunities.

Impact of Covid-19 on the Carbon Black Oil Market

The Carbon Black Oil Market witnessed a significant impact from the COVID-19 pandemic. Supply chain disruptions, reduced industrial activities, and constrained consumer spending led to a decline in demand for carbon black oil across various end-use industries such as automotive, construction, and manufacturing. Lockdown measures and travel restrictions further exacerbated the situation, hindering production and distribution channels....

The carbon black market size is predicted to reach $20.93 billion in 2024 to $35.27 billion by 2035, growing at a CAGR of 4.86% from 2024 to 2035.

The North America carbon black market is projected to reach a value of XX million by 2033, growing at a CAGR of 2.50% over the forecast period (2025-2033). The growth of the market is attributed to the increasing demand for carbon black from the tire and rubber industry. Carbon black is an essential component in the production of tires, as it provides reinforcement and durability. The growing automotive industry in North America is driving the demand for carbon black. Additionally, the increasing use of carbon black in other applications, such as plastics, toners, and printing inks, is also contributing to the growth of the market. The key drivers of the North America carbon black market include the increasing demand for tires and rubber products, the growing plastic industry, and the increasing use of carbon black in other applications. The key trends in the market include the development of new carbon black technologies, the increasing use of sustainable carbon black, and the growing demand for carbon black from emerging economies. The key restraints in the market include the environmental regulations on the production and use of carbon black, and the volatile prices of raw materials. The key segments of the market include process type, application, and geography. The key players in the market include Birla Carbon, Cabot Corporation, Continental Carbon Company, Imerys S A, Koppers Inc, Mitsubishi Chemical Corporation, OMSK Carbon Group, Orion Engineered Carbons, Phillips Carbon Black Limited, Pyrolyx AG, and Tokai Carbon Co Ltd. Recent developments include: January 2023: Orion Engineered Carbons announced an investment of USD 60 million for reducing the emissions of its carbon black production plant in Borger, Texas, the United States. By installing a new emissions reduction technology in its carbon black production facility, the company aims to improve the surrounding air quality by eliminating nearly 23 tons (or 90%) of the sulfur dioxide and nitrogen oxide emissions produced by the black carbon plant every day., December 2022: Continental Carbon Company announced the closure of its black carbon plant, which is present in Phenix City, Alabama, the United States. The plant was closed by the end of December 2022. The plant was closed due to the denial of an extension or grace period by the Environmental Protection Agency and the United States Department of Justice regarding installing environmental remediation equipment at the plant.. Key drivers for this market are: Growing Tire Industry, Increasing Penetration of Specialty Carbon Black. Potential restraints include: Growing Tire Industry, Increasing Penetration of Specialty Carbon Black. Notable trends are: Increasing Usage in the Tire Industry.

Graph and download economic data for Producer Price Index by Industry: Other Basic Inorganic Chemical Manufacturing: Carbon Black Manufacturing (DISCONTINUED) (PCU3251803251802) from Dec 1983 to Dec 2017 about inorganic, chemicals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

76446 Global import shipment records of Carbon,black with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The market value of the carbon black industry in the Asia-Pacific region was nearly 13 billion U.S. dollars in 2023. The industry is forecast to have a compound annual growth rate (CAGR) of around 5.4 percent between 2024 and 2031.Additional information on the carbon black market can be found here.

79928 Global export shipment records of Carbon,black,feedstock with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

According to Cognitive Market Research, the global Carbon Black N550 market size will be USD 32154.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 12861.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 9646.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 7395.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1607.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 643.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The purity 99% is the fastest-growing segment of the Carbon Black N550 industry

Market Dynamics of Carbon Black N550 Market

Key Drivers for Carbon Black N550 Market

Increasing Demand from the Automotive Industry to Boost Market Growth

Carbon Black N550 is widely utilized in tire manufacturing for its ability to improve tire durability, strength, and wear resistance. With the global automotive industry showing steady growth, especially in emerging markets, the demand for high-performance tires is rising. In 2023, global car sales saw a significant rebound, increasing by nearly 10% and surpassing 72 million units as supply chain disruptions eased. Despite challenges like high inflation and rising interest rates, car sales in North America remained stable, with the region experiencing a 15% growth. The United States also saw a double-digit increase in new car sales, rising by 14.4% compared to the previous year. In China, car sales reached over 22 million units in 2023, marking a 4.5% year-over-year increase. Notably, China accounts for almost 31% of global car sales. The growth in vehicle production and sales, particularly in regions such as Asia-Pacific, North America, and Europe, is driving increased demand for Carbon Black N550, supported by rising disposable incomes, urbanization, and improving living standards.

Growing Demand in Industrial Rubber Products to Drive Market Growth

In addition to its use in tires, Carbon Black N550 is also essential in the production of other industrial rubber products such as belts, hoses, seals, and gaskets. As industrialization grows in developing countries, particularly within the construction, manufacturing, and transportation sectors, the demand for durable rubber goods is rising, which in turn boosts the demand for Carbon Black N550. India, the sixth-largest rubber producer in the world and the second-largest consumer after China has seen a notable increase in both rubber production and consumption. In FY23, the cumulative production of natural rubber grew by 8.51%, reaching 714,000 tonnes between April and January, compared to 658,000 tonnes in the same period of FY22. Similarly, natural rubber consumption rose by 9.60%, reaching 1.12 million tonnes in FY23 compared to 1.02 million tonnes in FY22. In January 2023, natural rubber consumption increased by 2.8%, reaching 112,000 tonnes, up from 109,000 tonnes in December 2022. Carbon Black N550 is widely used in rubber compounding to enhance abrasion resistance and improve the physical properties of rubber products. Its versatility makes it increasingly popular for a wide range of industrial applications.

Restraint Factor for the Carbon Black N550 Market

Environmental Concerns, Stringent Regulations and High Production Costs Will Limit Market Growth

The production of carbon black, including Carbon Black N550, is energy-intensive and involves the release of various pollutants, including particulate matter and volatile organic compounds (VOCs). The growing global focus on reducing industrial emissions and adhering to environmental regulations is a significant restraint for the market. The production of Carbon Black N550 requires high amounts of energy, which increases operational costs. This factor is particularly problematic as energy prices conti...

South Africa PPI: Materials: Rubber: Carbon Black N774: Local data was reported at 401.400 2000=100 in Dec 2012. This records an increase from the previous number of 379.300 2000=100 for Nov 2012. South Africa PPI: Materials: Rubber: Carbon Black N774: Local data is updated monthly, averaging 101.500 2000=100 from Apr 1992 (Median) to Dec 2012, with 249 observations. The data reached an all-time high of 401.400 2000=100 in Dec 2012 and a record low of 61.500 2000=100 in Jun 1992. South Africa PPI: Materials: Rubber: Carbon Black N774: Local data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I044: Producer Price Index: Materials Used: 2000=100.

Recovered Carbon Black Market was valued at approximately USD 9.53 Billion in 2024 and is anticipated to reach USD 1.8 Billion by 2031, growing at a CAGR of about 5.2% from 2024 to 2031.

A number of important factors, including the increased emphasis on sustainability, cost-effectiveness, and environmental restrictions, are driving the recovered carbon black (rCB) market. First off, as rCB is made from recycled tires and other rubber goods, it greatly reduces landfill waste and carbon footprints. This makes it in high demand due to growing environmental concerns and strict government restrictions addressing waste management and carbon emissions. Second, the manufacturing and automotive sectors in particular are being driven to incorporate sustainable materials like rCB into their products in order to improve their environmental profiles, as a result of growing adoption and understanding of circular economy methods. Furthermore, rCB’s affordability in comparison to virgin carbon black offers a financial incentive for its use in a variety of applications, including tires, rubber goods, plastics, coatings, and inks. Furthermore, improvements in pyrolysis and other recycling processes raise the consistency and quality of red carbon black (rCB), making it a more attractive substitute for conventional carbon black.

According to Cognitive Market Research, the global Specialty Carbon Black market size will be USD 3240 million in 2025. It will expand at a compound annual growth rate (CAGR) of 10.80% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 1198.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 939.60 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 777.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.6% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 123.12 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 129.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.1% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 71.28 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2033.
The plastics category is the fastest growing segment of the Specialty Carbon Black industry

Market Dynamics of Specialty Carbon Black Market

Key Drivers for Specialty Carbon Black Market

Growing Demand for High-performance Coatings and Plastics Applications to Boost Market Growth

The growing Demand for high-performance coatings and plastics is driven by key factors such as rapid industrialization, advancements in automotive and aerospace sectors, and the increasing need for durable and lightweight materials. Rising environmental concerns and stringent regulations are fueling the adoption of sustainable and advanced polymer coatings. Additionally, expanding construction activities, particularly in emerging economies, are boosting the need for protective coatings. Technological innovations, including nanocoatings and self-healing materials, further accelerate market growth. The growing emphasis on energy efficiency and corrosion resistance in industries like oil & gas and marine also contributes to the rising demand for high-performance coatings and plastics.

Expanding automotive sector requiring superior reinforcing carbon materials To Boost Market Growth

The expanding automotive sector is driving Demand for superior reinforcing carbon materials due to key factors such as lightweight trends, fuel efficiency regulations, and the rise of electric vehicles (EVs). Automakers are increasingly adopting carbon fibre composites and advanced carbon-reinforced polymers to enhance vehicle strength while reducing weight, improving performance, and extending battery range. Additionally, stringent emission norms push manufacturers toward sustainable, high-strength materials. The growing emphasis on safety and durability further accelerates the need for reinforced carbon materials in structural and functional components. Advancements in manufacturing technologies and cost-efficient production methods are also fueling market growth.

Restraint Factor for the Specialty Carbon Black Market

Expensive raw materials and energy-intensive manufacturing processes

The high cost of raw materials and energy-intensive manufacturing processes serve as significant restraints in various industries. Expensive raw materials, such as rare metals, speciality chemicals, and advanced composites, drive up production costs, limiting affordability and market competitiveness. Additionally, manufacturing processes that rely on high energy consumption contribute to operational expenses, making cost management a critical challenge. Fluctuations in material prices and energy costs further exacerbate financial instability. Regulatory compliance, sustainability concerns, and supply chain disruptions also add to the burden. These factors hinder profitability, reduce scalability, and slow down innovation, making it difficult for businesses to maintain competitive pricing.

Market Trends in Specialty Carbon Black Market

Rising Demand for eco-friendly and low-carbon emission products

The rising demand for eco-friendly and low-carbon emission products is driven by several key market...

According to Cognitive Market Research, the global Tire Carbon Black market size is USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The significant tire carbon black market segment by type is standard grade, widely used in passenger car and commercial vehicle tires.

Market Dynamics of Tire Carbon Black Market

Key Drivers for Tire Carbon Black Market

Space Optimization and Increased Storage Capacity to Increase the Demand Globally

The automotive industry is witnessing a rising demand for durable and high-performance tires, driven by advancements in vehicle technology and consumer preferences for improved safety and driving experiences. As vehicles become more powerful and feature advanced driving aids, tires must meet higher standards for grip, stability, and wear resistance. High-performance tires offer better handling, traction, and braking capabilities, which are crucial for modern vehicles, especially electric and autonomous cars. Additionally, the growing popularity of SUVs and luxury vehicles, which require robust and reliable tires, further boosts this demand. Manufacturers are increasingly focusing on innovations in tire technology, including the integration of carbon black, to enhance performance attributes such as durability, fuel efficiency, and road noise reduction.

Improved Efficiency and Productivity to Propel Market Growth

Carbon black is increasingly utilized in rubber reinforcement due to its ability to significantly enhance tire strength and longevity. As a critical reinforcing agent, carbon black improves the physical properties of rubber compounds, including tensile strength, abrasion resistance, and overall durability. This enhancement is particularly vital for tires, which must withstand various stresses and environmental conditions over their lifespan. By incorporating carbon black, tire manufacturers can produce products that offer superior wear resistance and longevity, reducing the frequency of replacements and providing better value to consumers.

Restraint Factor for the Tire Carbon Black Market

High Initial Investment Cost to Limit the Sales

Fluctuations in the cost of raw materials, such as petroleum and coal tar, significantly impact the tire carbon black market. Carbon black is primarily produced using these raw materials, and their price volatility can directly affect production costs. When the prices of petroleum and coal tar rise, the cost of manufacturing carbon black increases, leading to higher prices for end products, such as tires. This can result in reduced profit margins for manufacturers and higher costs for consumers. Conversely, when raw material prices drop, production costs decrease, potentially lowering product prices and increasing demand. However, the market's unpredictability due to geopolitical tensions, supply chain disruptions, and changes in crude oil prices adds a layer of risk for manufacturers. To mitigate these effects, companies may seek alternative raw materials or more efficient production methods, but such changes require significant investment and time.

Impact of Covid-19 on the Tire Carbon Black Market

The COVID-19 pandemic significantly impacted the Tire Carbon Black Market, causing disruptions across the supply chain and altering market dynamics. During the initial outbreak, widespread lockdowns and travel restrictions led to a sharp decline in vehicle production and sales, directly affecting the demand for tire carbon bla...

India WPI: Avg: Mfg: Chemicals: ME: Carbon Black data was reported at 254.400 1993-1994=100 in Aug 2010. This records an increase from the previous number of 252.700 1993-1994=100 for Jul 2010. India WPI: Avg: Mfg: Chemicals: ME: Carbon Black data is updated monthly, averaging 128.100 1993-1994=100 from Apr 1994 (Median) to Aug 2010, with 197 observations. The data reached an all-time high of 254.400 1993-1994=100 in Aug 2010 and a record low of 82.700 1993-1994=100 in Nov 1994. India WPI: Avg: Mfg: Chemicals: ME: Carbon Black data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH120: Wholesale Price Index: 1993-94=100: Period Average: Manufactured Products: Chemicals .

Recovered Carbon Black Market is segmented By Application (Inks, Coatings, Tier, Non-tier Rubber, and Plastics)

439 Global import shipment records of Carbon Black Lamp Black with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global carbon black market, valued at $18.62 billion in 2025, is projected to experience steady growth, driven by the burgeoning tire industry and increasing demand from other applications like non-tire rubber products and plastics. A compound annual growth rate (CAGR) of 4.36% from 2025 to 2033 indicates a robust market expansion, fueled by factors such as rising vehicle production, particularly in developing economies like India and China. Growth in the construction sector, further boosting demand for rubber and plastic products, also contributes significantly to the market's upward trajectory. The market is segmented by end-user (tires, non-tire rubber, non-rubber applications) and grade type (specialty, standard). The tire segment currently dominates, owing to the indispensable role of carbon black in enhancing tire durability and performance. However, increasing use of carbon black in non-tire rubber products, such as hoses and belts, is projected to drive significant growth in this segment. Specialty grade carbon black, offering superior performance characteristics, commands a premium price and represents a lucrative market segment. Key players like Cabot Corporation, Orion Engineered Carbons, and Phillips Carbon Black Ltd. are strategically investing in R&D and expanding their production capacity to cater to the growing demand and compete for market share. Geographical distribution shows strong market presence in APAC (Asia-Pacific), particularly in China and India, followed by North America and Europe. Continued growth in the carbon black market depends heavily on several factors. Fluctuations in raw material prices, particularly oil prices, can significantly impact production costs and profitability. Stringent environmental regulations concerning emissions and waste management present challenges for manufacturers, demanding investment in cleaner production technologies. However, the long-term outlook remains positive, driven by sustained growth in automotive, construction, and industrial sectors globally. Increased adoption of sustainable manufacturing practices and innovations in carbon black production technologies are expected to shape the market landscape in the coming years. Competitive strategies among major players involve technological advancements, geographical expansion, and strategic partnerships to consolidate market share and meet the evolving needs of various industries.