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Europe Carbon Black Market Size, Share, Growth, Forecast: By Product: Acetylene Black, Furnace Black, Thermal Black, Others; By Grade: Speciality Grade, Rubber Grade; By End Use: Industrial, Printing and Packaging, Building and Construction, Transportation, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Europe Carbon Black Market Size
The Europe carbon black market reached a value of about USD 2.91 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.9% to attain a value of USD 4.85 billion by 2032.
Being the second largest market of the material in the world, the growth of the industry in the continent will drive the global market growth. In 2021, the global market stood at nearly USD 15.03 billion. It is expected to grow further in the forecast period of 2024-2032, growing at a CAGR of 5.7%.
Europe accounts for nearly a fifth of the global production of the industry. It is the leading market for the product after the Asia Pacific region. While Germany is the largest importer of the product in the region, Eastern European countries are the major producers of the substance and extensively export the surplus output to the European Union countries. Russia and the other Eastern European countries account for nearly 9% of the global production of the substance.
The carbon black market in Europe is being driven by the rising export demand from overseas markets. The continent exports the substance to regions like the Middle East, Africa, and the US, among other regions. Russia, a major exporter in the continent, exports the product within the European region as well as to other regions like North America. North America primarily imports the substance from Russia along with China because of the lower costs. Russia is its major exporter in Europe with multiple European countries importing the product from the Eurasian country over China, which is the largest producer globally. This is because the European countries acquire the material at a much lower cost with reduced costs of transportation. Thus, the Russian market is aided by the growing export demand. The easy availability of feedstock and the expansion of production units will also aid the growth of the industry in the country.
Europe Carbon Black Market Report Snapshots
Europe Carbon Black Market Size
Europe Carbon Black Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Global Carbon Black Market Analysis
8.1 Key Industry Highlights
8.2 Global Carbon Black Historical Market (2018-2023)
8.3 Global Carbon Black Market Forecast (2024-2032)
8.4 Global Carbon Black Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Carbon Black Market Analysis
9.1 Key Industry Highlights
9.2 Europe Carbon Black Historical Market (2018-2023)
9.3 Europe Carbon Black Market Forecast (2024-2032)
9.4 Europe Carbon Black Market by Product
9.4.1 Acetylene Black
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Furnace Black
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Thermal Black
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.4.4 Others
9.5 Europe Carbon Black Market by Grade
9.5.1 Speciality Grade
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Rubber Grade
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.2.3 Breakup by Type
9.5.2.3.1 N1XX - N3XX
9.5.2.3.2 N4XX - N7XX
9.5.2.3.3 N8XX - N9XX
9.5.2.3.4 Others
9.6 Europe Carbon Black Market by End Use
9.6.1 Industrial
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Printing and Packaging
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
9.6.3 Building and Construction
9.6.3.1 Historical Trend (2018-2023)
9.6.3.2 Forecast Trend (2024-2032)
9.6.4 Transportation
9.6.4.1 Historical Trend (2018-2023)
9.6.4.2 Forecast Trend (2024-2032)
9.6.5 Others
9.7 Europe Carbon Black Market by Country
9.7.1 Germany
9.7.2 France
9.7.3 United Kingdom
9.7.4 Italy
9.7.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Exporting Countries
12.2.1 By Value
12.2.2 By Volume
12.1 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Birla Carbon
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cabot Corporation
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Continental Carbon Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Orion Engineered Carbons GmbH
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Carbon Black Kft.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Kremenchug Carbon Black Plant
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Carbon Black Market: Key Industry Highlights, 2017 and 2027
2. Global Carbon Black Historical Market: Breakup by Region (USD Million), 2018-2023
3. Global Carbon Black Market Forecast: Breakup by Region (USD Million), 2024-2032
4. Europe Carbon Black Market: Key Industry Highlights, 2017 and 2027
5. Europe Carbon Black Historical Market: Breakup by Product (USD Million), 2018-2023
6. Europe Carbon Black Market Forecast: Breakup by Product (USD Million), 2024-2032
7. Europe Carbon Black Historical Market: Breakup by Grade (USD Million), 2018-2023
8. Europe Carbon Black Market Forecast: Breakup by Grade (USD Million), 2024-2032
9. Europe Carbon Black Historical Market: Breakup by End Use (USD Million), 2018-2023
10. Europe Carbon Black Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Europe Carbon Black Historical Market: Breakup by Country (USD Million), 2018-2023
12. Europe Carbon Black Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. Europe Carbon Black Market Structure
Key Questions Answered in the Report
The Europe carban black market reached a value of USD 2.91 billion in 2023.
The market is projected to grow at a CAGR of nearly 5.9% in the forecast period of 2024-2032.
The major drivers of the industry include rising disposable incomes, increasing population, and rising demand from industries like the thriving automotive and infrastructure industries.
The easy availability of feedstock and the expansion of production units are expected to be the key trends guiding the growth of the industry.
Germany, France, United Kingdom, and Italy, among others, are the leading regions in the market.
The major products in the industry include acetylene, furnace, and thermal black, among others.
The major product grades include speciality grade and rubber grade.
The application sectors include industrial, printing and packaging, building and construction, and transportation, among others.
The leading players in the market are Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A., Tokai Carbon Co., Ltd., OJSC Kremenchug Carbon Black Plant, Carbon Black Kft., Kremenchug Carbon Black Plant, Others.
Analyst Review
The carbon black in Europe reached a value of USD 2.91 billion in 2023, driven by the growth in the infrastructure industry. Aided by the thriving automotive sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.9%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product types, the Europe carbon black market can be segmented into acetylene, furnace, and thermal black, among others. By grades, the industry is divided into speciality grade and rubber grade. On the basis of application, the market can be segmented into industrial, printing and packaging, building and construction, and transportation, among others. The major regional markets are Germany, France, United Kingdom, and Italy, among others. The key players in the above industry include Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A., Tokai Carbon Co., Ltd., OJSC Kremenchug Carbon Black Plant, Carbon Black Kft., Kremenchug Carbon Black Plant, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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