South America Carbon Black Market Size (2024 - 2029)

The South America carbon black market is projected to experience significant growth, driven by the increasing penetration of specialty black. However, the market's expansion may be challenged by the availability of substitutes and fluctuations in raw material prices. The market size is predominantly influenced by the demand from tires and industrial rubber products, with Brazil anticipated to lead in market share and growth rate during the forecast period.

Home Market Analysis Chemicals & Materials Research Specialty Carbon Research Carbon Black Research South America Carbon Black Industry Market Size

Market Size of South America Carbon Black Industry

Market Summary - South America Carbon Black Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %
Market Concentration High

Major Players

South America Carbon Black Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America Carbon Black Market Analysis

The South America carbon black market is expected to expand at a CAGR of more than 5% during the forecast period. Major factor driving the market studied is the increasing market penetration of specialty black. 

  • Availability of substitutes and volatility of raw material prices are expected to hinder the growth of the market studied.
  • Tires and industrial rubber products are expected to dominate the consumption of carbon black in the application segmentation.
  • Brazil is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.

South America Carbon Black Industry Segmentation

The South America carbon black market report includes:

Process Type
Furnace Black
Gas Black
Lamp Black
Thermal Black
Application
Tires and Industrial Rubber Products
Plastics
Toners and Printing Inks
Coatings
Textile Fibers
Other Applications
Geography
Brazil
Argentina
Colombia
Chile
Rest of South America
Need A Different Region Or Segment?
Customize Now

South America Carbon Black Market Size Summary

The South America carbon black market is poised for significant growth, driven primarily by the increasing adoption of specialty black. This growth is expected despite challenges such as the availability of substitutes and fluctuating raw material prices. The market's expansion is largely attributed to the dominant use of carbon black in tires and industrial rubber products, which are key segments in the application landscape. Brazil is anticipated to lead the market, benefiting from its status as a major rubber producer and tire manufacturer in the region. The demand for carbon black is expected to rise moderately, supported by its critical role in enhancing the performance characteristics of tires and its extensive application in various industrial rubber products.

In addition to the tire and rubber industries, the carbon black market in Brazil is expected to experience growth due to developments in the construction and textile sectors. The country's infrastructure initiatives and the expansion of the textile industry are likely to drive increased consumption of carbon black. The market is characterized by a consolidated structure, with major players such as Cabot Corporation, Mitsubishi Chemical Holdings Corporation, Orion Engineered Carbons, and Birla Carbon dominating the landscape. These companies are well-positioned to capitalize on the anticipated growth opportunities in the South American carbon black market over the forecast period.

Explore More

South America Carbon Black Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Market Penetration of Specialty Black

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Availability of Substitutes

      2. 1.2.2 Volatility of Raw Material Prices

    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 Consumers

      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 Thermal Black

    2. 2.2 Application

      1. 2.2.1 Tires and Industrial Rubber Products

      2. 2.2.2 Plastics

      3. 2.2.3 Toners and Printing Inks

      4. 2.2.4 Coatings

      5. 2.2.5 Textile Fibers

      6. 2.2.6 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Argentina

      3. 2.3.3 Colombia

      4. 2.3.4 Chile

      5. 2.3.5 Rest of South America

South America Carbon Black Market Size FAQs

The South America Carbon Black Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Cabot Corporation, Mitsubishi Chemical Holdings Corporation, Orion Engineered Carbons and Birla Carbon are the major companies operating in the South America Carbon Black Market.

Carbon Black Market in South America Report Snapshots

South America Carbon Black Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)