In 2020, the leading end-use of carbon black were tires, accounting for around 68 percent of the global demand. Rubber used in industry and construction represented a significant share of roughly 12 percent of the demand for this material in the world. It is forecast that the carbon black market size will reach some 25.6 billion U.S. dollars in 2027.
Distribution of demand for carbon black worldwide in 2020, by end-use
Characteristic
Share of demand
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Ceresana. (February 28, 2022). Distribution of demand for carbon black worldwide in 2020, by end-use [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/
Ceresana. "Distribution of demand for carbon black worldwide in 2020, by end-use." Chart. February 28, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/
Ceresana. (2022). Distribution of demand for carbon black worldwide in 2020, by end-use. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/
Ceresana. "Distribution of Demand for Carbon Black Worldwide in 2020, by End-use." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/
Ceresana, Distribution of demand for carbon black worldwide in 2020, by end-use Statista, https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/ (last visited August 24, 2024)
Distribution of demand for carbon black worldwide in 2020, by end-use [Graph], Ceresana, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/1411139/global-demand-for-carbon-black-shares-by-end-use/