Carbon Black for Tires Market size is estimated to be USD 15.93 Billion in 2024 and is expected to reach USD 24.01 Billion by 2033 at a CAGR of 5% from 2026 to 2033.
Asia Pacific Carbon Black For Tires Market: Types, Industry Demand, And Regional Dynamics
The Asia Pacific Carbon Black For Tires Market Is Experiencing Significant Growth, Driven By The Region'S Booming Automotive Industry And Increasing Demand For High-Performance Tires. Carbon Black, A Crucial Component In Tire Manufacturing, Enhances Durability, Strength, And Uv Resistance. In 2023, The Asia Pacific Carbon Black Market Was Valued At Usd 8.23 Billion And Is Projected To Reach Usd 12.03 Billion By 2030, Growing At A Cagr Of 6.39%.
Key Types Of Carbon Black:
Furnace Black: Dominates The Market With An 80% Share, Primarily Used In Automotive Tires.
Channel Black: Accounts For 5-10%, Utilized In Inks And Coatings Due To Its High Purity.
Thermal Black: Makes Up About 5%, Used In Non-Tire Rubber Products.
Acetylene Black: A Niche Segment (~3%), Essential For Electronics And Battery Applications.
Industry Requirements And Regional Insights:
China: As The Largest Producer And Consumer, China'S Tire Manufacturing Accounts For Over 50% Of Global Production. The Country'S Strict Environmental Regulations Have Led To Cleaner Production Technologies, Increasing The Average Price Of Carbon Black From $1,200 Per Metric Ton In 2018 To $1,450 In 2023.
India: With A Rapidly Growing Automotive Sector, India'S Demand For Carbon Black Is Surging. Prices Have Risen From $1,150 Per Metric Ton In 2019 To $1,450 In 2023, Reflecting Supply Chain Constraints And Heightened Demand.
Japan: Known For High-Quality Production, Japan Focuses On Specialized Applications Like Electronics And High-Performance Coatings. The Average Price Increased From $1,250 Per Metric Ton In 2018 To $1,500 In 2023.
South Korea: A Significant Player In Automotive And Electronics, South Korea'S Carbon Black Prices Rose From $1,200 Per Metric Ton In 2018 To $1,450 In 2023.
Market Trends:
The Tire Segment Held A 68.5% Market Share In 2022, Amounting To Usd 5.34 Billion, And Is Projected To Reach Usd 7.51 Billion By 2028.
Environmental Concerns Are Leading To Increased Emphasis On Waste Tire Management And The Adoption Of Sustainable Production Practices.
Major Companies Like Cabot Corporation, Birla Carbon, And Tokai Carbon Co., Ltd. Are Investing In Product Innovation And Strategic Partnerships To Strengthen Their Market Positions.
In My Experience, The Asia Pacific Carbon Black For Tires Market Is Not Just Expanding In Volume But Also Evolving In Quality And Sustainability. The Industry'S Shift Towards Environmentally Friendly Practices And High-Performance Products Is Reshaping The Market Landscape, Offering New Opportunities For Innovation And Growth.
Get an In-Depth Research Analysis of the Asia Pacific Carbon Black for Tires Market Size And Forecast [2025-2032]
Birla Carbon
Cabot
Zeppelin
Continental Carbon
Eurotecnica
Orion Engineered Carbons
CSRC
Tokai Carbon
Epsilon Carbon
Omsk Carbon Group
Philips Carbon Black
Black Cat Carbon Black
Link Science and Technology
Doublestar
Jinneng Science and Technology
Xinglong New Material
Longxing Chemical
Baohuacarbon
By 2030, Asia Pacific is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Asia Pacific is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Asia Pacific is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Asia Pacific, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Asia Pacific Carbon Black for Tires Market
Passenger Car Tires
Truck and Bus Tires
Two-Wheeler Tires
Off-The-Road Tires
Standard Carbon Black
High-Performance Carbon Black
Specialty Carbon Black
Powdered Carbon Black
Pelletized Carbon Black
Primary Reinforcement
Secondary Reinforcement
High-Strength Grade
Medium-Strength Grade
Low-Strength Grade
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Asia Pacific Carbon Black for Tires Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Asia Pacific Carbon Black for Tires Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Asia Pacific Carbon Black for Tires Market, By Type
6. Asia Pacific Carbon Black for Tires Market, By Application
7. Asia Pacific Carbon Black for Tires Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Asia Pacific
Vietnam
8. Asia Pacific Carbon Black for Tires Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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