Middle-East and Africa Carbon Black Market Size (2024 - 2029)

The Middle East and Africa carbon black market is experiencing growth, recovering from the pandemic's impact on the tire and rubber industry. The market size is being driven by increasing demand for specialty carbon black and its applications in the fiber and textile sectors. Despite challenges posed by the rise of green tires and alternative materials like single-wall carbon nanotubes and silica, the market's expansion is supported by opportunities in the electric and self-driving car segments.

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Market Size of Middle-East and Africa Carbon Black Industry

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Middle-East and Africa Carbon Black Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.00 %
Market Concentration High

Major Players

Middle-East and Africa Carbon Black Market Major Players

*Disclaimer: Major Players sorted in no particular order

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MEA Carbon Black Market Analysis

The Middle East and Africa Carbon Black Markets are anticipated to register a CAGR greater than 3% during the forecast period.

During the COVID-19 pandemic, there has been a negative impact on the carbon black market in the Middle East and Africa region as the tire and rubber industry was significantly affected. However, the automotive segment's growth is improving, which would assist the market development. In the Middle East and Africa, the Carbon Black market has recovered from the pandemic and is growing significantly.

  • Over the short term, increasing demand for specialty carbon black and applications in the fiber and textile industries are projected to fuel market growth throughout the forecast period.
  • However, the increasing use of green tires and the availability of substitutes like single-wall carbon nanotubes and silica are likely to hamper the growth of the Middle East and Africa carbon black market size.
  • Nevertheless, the adoption of electric and self-driving cars is expected to offer a significant growth opportunity for the Middle East and Africa carbon black market over the forecast period.

MEA Carbon Black Industry Segmentation

Carbon black (also known as acetylene black, channel black, furnace black, lamp black, and thermal black) is a substance made from the incomplete combustion of coal and coal tar, vegetable matter, or petroleum products such as fuel oil, fluid catalytic cracking tar, and ethylene cracking. Carbon black is used in tires and other rubber goods as a colorant and reinforcing filler, as a pigment, and wear protection ingredient in plastics, paints, and ink pigment. The carbon black market is segmented by process type, application, and geography. By process type, the market is segmented into furnace black, gas black, lamp black, and thermal black. By application, the market is segmented into tires and industrial rubber products, plastics, toners and printing inks, paints and coatings, textile fibers, and other applications. The report covers the market size and forecast for the anchors and grouts market in 3 countries across the Middle East and Africa. For each segment, the market sizing and forecasts have been based on revenue (USD million) and volume (kilotons) for all the above details.

Process Type
Furnace Black
Gas Black
Lamp Black
Hexamine
Thermal Black
Application
Tires and Industrial Rubber Products
Plastics
Films and Sheets
Pressure Pipes
Molded Parts
Toners and Printing Inks
Paints and Coatings
Textile Fibers
Nylon
Polyester
Acrylic
Other Applications
Geography
Saudi Arabia
South Africa
United Arab Emirates
Rest of Middle East and Africa
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Middle-East and Africa Carbon Black Market Size Summary

The Middle East and Africa carbon black market is poised for growth, driven by the recovery from the pandemic and increasing demand in various sectors. The market is expected to expand at a steady pace, with the automotive segment playing a crucial role in its development. Despite challenges such as the rise of green tires and alternative materials, the market benefits from the growing adoption of electric and self-driving cars. The tire and industrial rubber products segment remains the largest application area, with carbon black serving as a vital component in enhancing the performance and durability of tires. The region's robust rubber production, particularly in countries like Ivory Coast and Liberia, further supports market growth.

Saudi Arabia stands out as a key player in the region, with significant investments in tire manufacturing and plastic production. The country's strategic initiatives, such as the establishment of a tire manufacturing plant in partnership with Kumho Tire, highlight the increasing demand for tires and related products. Additionally, the plastic and paints industries in Saudi Arabia are experiencing substantial growth, driven by investments and ongoing construction projects. Major manufacturers like Cabot Corporation and Orion Engineered Carbons GmbH are actively contributing to the market's expansion through innovative product offerings. These factors collectively underscore the promising outlook for the carbon black market in the Middle East and Africa over the forecast period.

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Middle-East and Africa Carbon Black Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Application in Fiber and Textile Industries

      2. 1.1.2 Increasing Market Penetration of Specialty Black

    2. 1.2 Restraints

      1. 1.2.1 Increasing Usage of Green Tires

      2. 1.2.2 Availability of Substitutes

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Process Type

      1. 2.1.1 Furnace Black

      2. 2.1.2 Gas Black

      3. 2.1.3 Lamp Black

      4. 2.1.4 Hexamine

      5. 2.1.5 Thermal Black

    2. 2.2 Application

      1. 2.2.1 Tires and Industrial Rubber Products

      2. 2.2.2 Plastics

        1. 2.2.2.1 Films and Sheets

        2. 2.2.2.2 Pressure Pipes

        3. 2.2.2.3 Molded Parts

      3. 2.2.3 Toners and Printing Inks

      4. 2.2.4 Paints and Coatings

      5. 2.2.5 Textile Fibers

        1. 2.2.5.1 Nylon

        2. 2.2.5.2 Polyester

        3. 2.2.5.3 Acrylic

      6. 2.2.6 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 South Africa

      3. 2.3.3 United Arab Emirates

      4. 2.3.4 Rest of Middle East and Africa

Middle-East and Africa Carbon Black Market Size FAQs

The Middle-East and Africa Carbon Black Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Cabot Corporation , Aditya Birla Group, Orion Engineered Carbons GmbH, PCBL Limited and Continental Carbon Limited are the major companies operating in the Middle-East and Africa Carbon Black Market.

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Middle-East and Africa Carbon Black Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)