Global Carbon Black Circular Economy Growth Opportunities

Environment Global Carbon Black Circular Economy Growth Opportunities

Rising Decarbonization and Demand for Sustainable Products in Applications Drive Circularity

INDUSTRY
Energy

RELEASE DATE
26-Apr-2022
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
MG66-01-00-00-00
SKU
EN01315-GL-MT_26491
Yes
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Global Carbon Black Circular Economy Growth Opportunities
Published on: 26-Apr-2022 | SKU: EN01315-GL-MT_26491

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Incorporating circular economy strategies in carbon black production will support sustainable development and benefit businesses, society, and the environment. A critical challenge for carbon black manufacturers is the high carbon emissions and combining the vital outcomes of high efficiency and sustainability. A shift to a low-carbon and regenerative economy with the development of disruptive technologies for carbon black will enable greater sustainability and material circulation, decarbonization of production processes, opportunities for new business models, and greater cooperation among market stakeholders.

The global carbon black market was $18.50 billion in 2021 and is forecast to reach $26.40 billion by 2030, recording a compound annual growth rate (CAGR) of 4.0%. Increasing product demand in various applications (e.g., tires, molding plastic parts), investment in new sustainability strategies, and decarbonization of production processes are likely to drive the market.

In this report, Frost & Sullivan analyzes the global carbon black production and consumption levels; market trends, size, and forecast up to 2030; regional hotspots; the competitive environment; development trends; disruptive technologies; and leading manufacturers’ sustainability strategies.

Other information presented includes:
•     Impact of the top three strategic imperatives on the global carbon black market
•     Key carbon black applications
•     Market prices by type and grade
•     Profiles of leading participants and an overview of their sustainability strategies
•     The top circular economy growth opportunities

Author: Paulina Blaszczyk

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Global Carbon Black Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Growth Metrics

Market Overview—Characteristics and Manufacturing Processes

Market Overview—Applications

Market Overview—Applications (continued)

Market Overview—Manufacturing Processes and Applications

Market Overview—Carbon Black Grades

Market Overview—Prices by Type and Grade

Market Overview—Production and Consumption

Market Overview—Production and Consumption (continued)

Market Trends

Growth Drivers

Growth Restraints

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Competitive Environment

Market Share

Overview of Key Market Players

Sustainability Strategies—Cabot Corporation

Sustainability Strategies—Orion Engineered Carbons

Growth Opportunity 1: Incorporating Recovered Carbon Black to Enable Material Circularity

Growth Opportunity 1: Incorporating Recovered Carbon Black to Enable Material Circularity (continued)

Typical Recovered Carbon Black Applications

Companies Producing Recovered Carbon Black—Elysium Nordic

Companies Producing Recovered Carbon Black—Scandinavian Enviro Systems (SES)

Companies Producing Recovered Carbon Black—Black Bear Carbon

Growth Opportunity 2: Decarbonizing the Carbon Black Production Process

Growth Opportunity 2: Decarbonizing the Carbon Black Production Process (continued)

List of Exhibits

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List of Figures
  • Carbon Black Market: Key Growth Metrics, Global, 2021
  • Carbon Black Market: Key Applications, Global, 2021
  • Carbon Black Market: Non-rubber Applications, Global, 2021
  • Carbon Black Market: Prices by Type and Grade, Global, 2021
  • Carbon Black Market: Major Producing Countries, Global, 2021
  • Carbon Black Market: Major Consumers, Global, 2021
  • Carbon Black Market: Regional Hotspots, Global, 2021
  • Carbon Black Market: Growth Drivers, Global, 2022–2030
  • Carbon Black Market: Growth Restraints, Global, 2022–2030
  • Carbon Black Market: Revenue Forecast, Global, 2018–2030
  • Carbon Black Market: Revenue Forecast by Region, Global, 2018–2030
  • Carbon Black Market: Competitive Environment, Global, 2021
  • Carbon Black Market: Market Share, Global, 2021

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Incorporating circular economy strategies in carbon black production will support sustainable development and benefit businesses, society, and the environment. A critical challenge for carbon black manufacturers is the high carbon emissions and combining the vital outcomes of high efficiency and sustainability. A shift to a low-carbon and regenerative economy with the development of disruptive technologies for carbon black will enable greater sustainability and material circulation, decarbonization of production processes, opportunities for new business models, and greater cooperation among market stakeholders. The global carbon black market was $18.50 billion in 2021 and is forecast to reach $26.40 billion by 2030, recording a compound annual growth rate (CAGR) of 4.0%. Increasing product demand in various applications (e.g., tires, molding plastic parts), investment in new sustainability strategies, and decarbonization of production processes are likely to drive the market. In this report, Frost & Sullivan analyzes the global carbon black production and consumption levels; market trends, size, and forecast up to 2030; regional hotspots; the competitive environment; development trends; disruptive technologies; and leading manufacturers’ sustainability strategies. Other information presented includes: • Impact of the top three strategic imperatives on the global carbon black market • Key carbon black applications • Market prices by type and grade • Profiles of leading participants and an overview of their sustainability strategies • The top circular economy growth opportunities Author: Paulina Blaszczyk
More Information
Deliverable Type Market Research
Author Paulina Blaszczyk
Industries Environment
No Index No
Is Prebook No
List of Charts and Figures Carbon Black Market: Key Growth Metrics, Global, 2021~ Carbon Black Market: Key Applications, Global, 2021~ Carbon Black Market: Non-rubber Applications, Global, 2021~ Carbon Black Market: Prices by Type and Grade, Global, 2021~ Carbon Black Market: Major Producing Countries, Global, 2021~ Carbon Black Market: Major Consumers, Global, 2021~ Carbon Black Market: Regional Hotspots, Global, 2021~ Carbon Black Market: Growth Drivers, Global, 2022–2030~ Carbon Black Market: Growth Restraints, Global, 2022–2030~ Carbon Black Market: Revenue Forecast, Global, 2018–2030~ Carbon Black Market: Revenue Forecast by Region, Global, 2018–2030~ Carbon Black Market: Competitive Environment, Global, 2021~ Carbon Black Market: Market Share, Global, 2021~
Podcast No
WIP Number MG66-01-00-00-00