Carbon Black Market Set to Surge With Tyre & Rubber Demand
The global carbon black market is expected to expand significantly in the next decade, driven largely by demand in the tyre and rubber sectors. According to a recent release via openPR, the market is projected to reach USD 390 million by 2035 in a specific tyre-and-rubber context.
Carbon black, a fine carbon powder used as a reinforcing filler in rubber products, including tyres, remains integral to performance and durability. Industry reports show that the non-tyre and tyre segments together underpin global demand growth. For example, one study estimates the global carbon black market at USD 27.59 billion in 2024, with a forecast to about USD 40.10 billion by 2032, a compound annual growth rate (CAGR) of roughly 4.8 %. Fortune Business Insights. Another review suggests the market will grow to USD 35.27 billion by 2035 with a 4.86 % CAGR.
In the tyre industry, carbon black plays a key role, enhancing tensile strength, improving wear resistance, and aiding thermal stability of tyres. One analysis puts the rubber segment at around 88 % of carbon black demand in 2024. Regionally, Asia-Pacific holds a commanding lead in carbon black consumption thanks to its expanding automotive and tyre manufacturing base.
Despite the positive outlook, the market faces challenges, including feedstock volatility, regulatory pressure on carbon-intensive processes, and increasing competition from recovered carbon black (rCB) and alternative materials. Nevertheless, for tyre manufacturers, ancillary suppliers and chemical producers, the projected growth offers a strong signal to invest in capacity, advanced grades and sustainable pathways.
Editor’s View:
From the tyre industry’s vantage point, the forecast surge in the carbon black market is more than a chemical-market headline; it reflects a core evolution in what goes into every tyre. As performance, longevity, and sustainability become non-negotiable, the “fillers” like carbon black increasingly matter. Tyre makers must lock in a stable supply, optimise formulations, and consider the shift toward recycled carbon black. The challenge isn’t just about volume growth but securing the right grade, maintaining price stability, and meeting regulatory demands. For suppliers, this means moving upstream: higher-purity grades, sustainable production, and closer alignment with tyre industry innovation.
