MarketSegmentation
By Product Type:
Semi-Reinforcing Carbon Black: Balances strength and flexibility.
Specialty Carbon Black: Tailored for specific performance requirements
By Application:
Passenger Cars: Primary consumers due to high vehicle ownership.
Trucks: Demand driven by logistics and transportation sectors.
Market Value
2024: Valued at USD 3.76 billion.
2032 Projection: Expected to reach USD 5.73 billion.
CAGR (2025–2032): 5.4% growth rate.
Growth Drivers:
Rising demand for high-performance tyres.
Expansion of the automotive industry.
Market Opportunities
Emerging Markets: Asia-Pacifi significant growth potential du production.
Sustainable Production: Shift manufacturing processes open
Technological Advancements: carbon blacks for specific app
Sample Report
Regional Analysis
Asia-Pacific:
Leading region due to high demand in electronics and energy
sectors
Significant R&D activities in countries like China, Japan, and
South Korea
North America:
Strong presence of key market players
Robust investment in nanotechnology research
Europe:
Emphasis on sustainable and advanced materials
Supportive regulatory frameworks
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
