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.

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…

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 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.

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.

3481 Global import shipment records of Carbon Black 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...

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...

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...

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.

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 Hard Particle Furnace Grade Carbon Black market is experiencing robust growth, driven by the burgeoning tire and other rubber product industries. The market size in 2025 is estimated at $5 billion, projecting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by increasing vehicle production globally, particularly in developing economies, alongside the rising demand for high-performance tires requiring superior carbon black grades. Technological advancements in carbon black production, focusing on enhanced particle size control and improved dispersion properties, further contribute to market expansion. Key applications like tire rubber and other rubber products continue to dominate market share, driven by the inherent properties of hard particle furnace grade carbon black, including high abrasion resistance and reinforcing capabilities. While the market faces constraints such as fluctuating raw material prices and environmental regulations concerning carbon black emissions, innovative solutions and sustainable production practices are mitigating these challenges. Leading players like SABIC, Aditya Birla, and Cabot Corporation are strategically investing in research and development and expanding their production capacities to meet the growing demand. The regional distribution of the market reflects the global concentration of the automotive and rubber industries. Asia Pacific, particularly China and India, holds a significant market share owing to their large manufacturing bases and burgeoning automotive sectors. North America and Europe also contribute substantially, driven by established automotive industries and a focus on high-performance tire technology. The market is segmented based on production methods (Dry Granulation, Wet Granulation) and applications (Tire Rubber, Other Rubber Products). While the exact market share of each segment is not provided, it is reasonable to assume that Tire Rubber represents a considerably larger segment compared to Other Rubber Products due to the vast scale of tire manufacturing globally. The forecast period (2025-2033) suggests continued expansion, driven by ongoing industrial growth and technological advancements within the carbon black industry. Market participants are increasingly focusing on customized solutions to cater to specific needs of various rubber applications, further fueling market growth.

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

35354 Global exporters importers export import shipment records of Carbon black powder with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Statistics illustrates prices of carbon (carbon blacks and other forms of carbon) in Cuba from 2007 to 2024.

778038 Global exporters importers export import shipment records of Carbon black with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Statistics illustrates prices of carbon; carbon blacks and other forms of carbon n.e.s. in the European Union from 2007 to 2024.