× Industry Reports Services Press Release Contact us About us

Europe Carbon Black Market Forecast 2027 By Process (Furnace Black, Thermal Black, Acetylene Black, Lamp Black, Channel Black), By Grade (N-550, N-660, N-762, N-772, N-774, N-990, N-991), By Application (Graphite Manufacturing, Tires & Rubber Goods, Coatings, Polymers, Printing, Electronics), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: August 2021 | Publisher: Graphical Research Report ID: GR1923 | Delivery : PDF  Request Free Sample

Europe Carbon Black Market size crossed USD 4.56 billion in 2020 and is expected to exhibit a CAGR of 5.9% from 2021 to 2027. The driving force behind the market expansion is the growing demand for carbon black in the tire, construction, and manufacturing industries, which are used to provide resistance to industrial rubber compounds and other equipment. In addition, it also has physical properties, such as thermal stability, color stability, and solvent resistance, and is widely used in paint & varnish industries.

Europe Carbon Black Market

Get more details on this report - Request Free Sample PDF

The industry’s performance is closely linked to the overall fortunes of the auto tire industry as a significant volume of the global production is consumed by it. However, the European automobile industry is going through degrowth in sales due to the rising prices of automobiles, weak financial environment, and a decrease in disposable income.

The global carbon black industry also witnessed a sudden rise and drop in raw material prices owing to a sudden drop in the demand for crude oil, rising inventory, and halt in production by OPEC countries. Profitability and cash flows are also exposed to foreign exchange rate fluctuation risks, thus affecting the financials of manufacturers.

Europe Market, By Process

Europe Carbon Black Market Size, By Process

Get more details on this report - Request Free Sample PDF

Based on process, the furnace black segment is predicted to expand at 6% CAGR through 2027. The furnace black process involves the partial combustion of petroleum or kerosene as a raw material (feedstock oil) in high-temperature gas. This process can completely control its characteristics such as particle size or structure. It is very cost effective, and its yield rate is higher as compared to the other processes.

Europe Market, By Grade

The lower grade N550 segment in the Europe carbon black market is expected to register 5.9% growth during the forecast period. The seven most common grades are classified as furnace black made from petroleum. Compared with grades above N550, lower grades have the highest demand because they have a wider range of applications and lower prices.

N550 is mainly used in the manufacture of tires and rubber products. N550 has good dimensional stability for extruded shoes, belts, brake films, and plastic pipes. Compared with N550, N660 grade has a smaller surface area and a lower average texture. It is a versatile high modulus black. Due to the high demand from the tire industry and rubber products, this lower grade will boost the segment growth.

Europe Market, By Application

  Europe Carbon Black Market Size, 2017 - 2027, By Application

Get more details on this report - Request Free Sample PDF

Tires & rubber goods will generate around USD 3.6 billion revenue by 2027. The most important usage of rubbers is in vehicle tires. More than half of the overall rubber production is directly used in tires, inner tubes, and liners. Carbon black is the most widely used, cost-effective solution for reinforcement.

The rapid growth in the automotive industry coupled with the increasing demand for rubber goods is a major factor attributing to the growth of the overall market. Tires are in high demand from OEMs and replacement markets. The increasing mobility after the lifting of lockdowns across the world has led to a rising demand for tires from the automobile industry.

Competitive Industry Landscape

Prominent companies operating in the Europe carbon black market are Birla Carbon, Cabot Corporation, Continental Carbon Company, Orion Engineered Carbons S.A., Carbon Black Kft, Bridgestone Corp., Orion Engineered Carbons, Phillips Carbon Black Limited, Birla Carbon, and Tokai Carbon Limited, among others.

Key MNCs are expanding their influence worldwide through merger & acquisition strategies. For example, in July 2020, Mitsubishi Chemical acquired two German carbon fiber recycling companies, CFK Valley Stade Recycling GmbH and Co.KG and carbon NXT GmbH to develop the latest technology and expand its business in the Europe market.

Frequently Asked Question(FAQ) :

The industry size for carbon black in Europe surpassed USD 4.56 billion in 2020 and is forecast to expand at a healthy CAGR of 5.9% up to 2027 on the back of strong product demand in construction, tire and manufacturing industries.
The market share for carbon black in Europe from furnace black process in the is expected to register a CAGR of 6% over 2021-2027 with increasing demand for cost effective process and a higher yield rate.
The lower grade N550 carbon black segment in the Europe market could grow at 5.9% CAGR through 2027 owing to the demand from tire and rubber manufacturers.
The industry share for carbon black in Europe from tires and rubber goods segment is projected to garner USD 3.6 billion in revenue by 2027 due to the trend for cost-effective solution for reinforcement.
Orion Engineered Carbons S.A., Bridgestone Corp., Continental Carbon Company, Birla Carbon, Carbon Black Kft and Philips Carbon Black Limited are some of the key manufacturers in Europe market.

Premium Report

Have questions?
  • Inquire Before Buying
  • Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team


     [email protected]