Product Code: ETC091123 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India carbon black market import shipments demonstrated a steady expansion from 2020 to 2024, with a notable CAGR of 8.9%. However, the growth rate tapered slightly between 2023 and 2024, indicating a stabilization in the market momentum.
The India carbon black market is driven by the growing demand from the tire and rubber industry which accounts for a major share of the total carbon black consumption in India. Additionally, increasing demand for construction materials such as plastics, paints and coatings will further propel the market growth. Rising industrialization coupled with urbanization has led to an increased need for durable and high-performance products like tires. Further, government initiatives to promote research & development activities related to various application areas are expected to fuel product innovation over the forecast period. Furthermore, rapid expansion of automotive production capacities across emerging economies including India is estimated to drive key players towards higher investments in production capacities which could result in significant growth opportunities within this sector.
The India carbon black marketis expected to witness a CAGR of around 8.7% during the forecast period owing to increasing demand from various end use industries such as automotive, rubber, plastics and paints & coatings. The growth in the India automobile industry, especially two wheeler industry has been driving the demand for carbon black over the years. Moreover, government initiatives like Make in India and Smart Cities Mission are expected to further propel the market growth during the forecast period.
High price volatility caused due to crude oil fluctuations affects raw material prices significantly thereby leading to volatile pricing structure which poses an uncertainty among buyers who plan long term purchase contracts resulting into considerable challenge faced by companies operating within this sector.Stringent environmental regulations imposed on manufacturing processes associated with these products hinders large scale adoption as emission control technologies incur additional cost while adhering with regulatory restrictions.
Key players operating within India Carbon Black Market include Phillips Carbon Black Ltd., Hi-Tech Carbon Pvt Ltd., Bharat Rasayan Ltd , Continental Carbon Limited , Tokai CARBON Co ltd , Birla Corporation Ltd
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Carbon Black Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Carbon Black Market Revenues & Volume, 2021 & 2031F |
3.3 India Carbon Black Market - Industry Life Cycle |
3.4 India Carbon Black Market - Porter's Five Forces |
3.5 India Carbon Black Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Carbon Black Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India Carbon Black Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Carbon Black Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tires in India, as carbon black is a key component in tire manufacturing. |
4.2.2 Growth in the automotive industry in India, leading to higher demand for carbon black. |
4.2.3 Rising usage of carbon black in the plastics industry for enhancing properties like UV resistance and conductivity. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like crude oil, impacting the production cost of carbon black. |
4.3.2 Stringent environmental regulations regarding emissions and waste disposal in India, affecting carbon black production processes. |
4.3.3 Competition from substitute materials like silica and silica-silane compounds in certain applications. |
5 India Carbon Black Market Trends |
6 India Carbon Black Market, By Types |
6.1 India Carbon Black Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Carbon Black Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Carbon Black Market Revenues & Volume, By Furnace Black, 2021-2031F |
6.1.4 India Carbon Black Market Revenues & Volume, By Channel Black, 2021-2031F |
6.1.5 India Carbon Black Market Revenues & Volume, By Thermal Black, 2021-2031F |
6.1.6 India Carbon Black Market Revenues & Volume, By Acetylene Black, 2021-2031F |
6.1.7 India Carbon Black Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Carbon Black Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India Carbon Black Market Revenues & Volume, By Standard, 2021-2031F |
6.2.3 India Carbon Black Market Revenues & Volume, By Specialty, 2021-2031F |
6.3 India Carbon Black Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Carbon Black Market Revenues & Volume, By Tires, 2021-2031F |
6.3.3 India Carbon Black Market Revenues & Volume, By High-performance Coatings, 2021-2031F |
6.3.4 India Carbon Black Market Revenues & Volume, By Plastics, 2021-2031F |
6.3.5 India Carbon Black Market Revenues & Volume, By Others, 2021-2031F |
7 India Carbon Black Market Import-Export Trade Statistics |
7.1 India Carbon Black Market Export to Major Countries |
7.2 India Carbon Black Market Imports from Major Countries |
8 India Carbon Black Market Key Performance Indicators |
8.1 Average selling price of carbon black in the Indian market. |
8.2 Capacity utilization rate of carbon black manufacturing plants in India. |
8.3 Percentage of carbon black produced using sustainable and eco-friendly processes. |
8.4 Research and development investment in new applications and technologies for carbon black. |
8.5 Carbon black import/export volume and trends in India. |
9 India Carbon Black Market - Opportunity Assessment |
9.1 India Carbon Black Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Carbon Black Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India Carbon Black Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Carbon Black Market - Competitive Landscape |
10.1 India Carbon Black Market Revenue Share, By Companies, 2024 |
10.2 India Carbon Black Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |