The Carbon Black Market size is estimated at USD 26.17 billion in 2025, expected to reach USD 38.54 billion by 2033 with a CAGR of 4.97%. Carbon black is widely used in the automotive industry, particularly in tire production, improving performance and durability. The US market is projected to grow at a CAGR of 4.77% due to sustainability initiatives and innovative manufacturing technologies.

The automotive industry’s increasing demand for tires is driving the global carbon black market growth. Carbon black is used as a reinforcing filler in tires to enhance longevity and performance. The rise in electric vehicle production, which requires high-performance materials like carbon black, indirectly boosts market growth. Major players in the market include Cabot Corporation, Birla Carbon, and Orion Engineered Carbons S.A.

Furnace Black leads the market with a 40.24% share, mainly used in tire and rubber manufacturing. Acetylene Black is the fastest-growing segment with a 7.80% CAGR due to its unique characteristics. Standard Grade dominates with a 60.20% share in 2025, while Specialty Grade is the fastest-growing segment at 6.85%.

Tires account for 67.80% of the market share in 2025, with carbon black improving durability and performance. Plastics are the fastest-growing segment at 7.60%, driven by demand for high-strength and UV-resistant materials. The automotive sector leads the market with a 64.30% share, while electronics is the fastest-growing segment at 7.90%.

Asia Pacific leads the market with a 54.20% revenue share in 2025, driven by demand from automotive and tire industries. The Middle East and Africa are projected to have the fastest-growing CAGR of 7.00% due to industrialization and increasing demand for tires. Recent developments include sustainable carbon black products and collaborations for eco-friendly materials.

The Carbon Black Market Report includes sections on carbon footprint, energy efficiency, innovation index, and supply chain efficiency. The market size is projected to reach USD 38.54 billion by 2033 with a CAGR of 4.97%. Key segments include type, grade, application, end-user, and region coverage in North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Read more at GlobeNewswire: Carbon Black Market Size to Reach USD 38.54 Billion by 2033