The market value of the tire segment of the global carbon black market was nearly 16 billion U.S. dollars in 2023. Forecasts indicate a continued rise in the market value of the segment in the coming years, reaching around 22.8 billion U.S. dollars by 2031.
Additional information on the carbon black market can be found here.
Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user
(in million U.S. dollars)
Characteristic
Tire
Paints & Coatings
Inks
Plastics
Others
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Extrapolate. (February 29, 2024). Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/
Extrapolate. "Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in million U.S. dollars)." Chart. February 29, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/
Extrapolate. (2024). Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/
Extrapolate. "Market Value of The Carbon Black Industry Worldwide from 2021 to 2023 with a Forecast from 2024 to 2031, by End User (in Million U.S. Dollars)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/
Extrapolate, Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in million U.S. dollars) Statista, https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/ (last visited August 25, 2024)
Market value of the carbon black industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in million U.S. dollars) [Graph], Extrapolate, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1456075/global-carbon-black-market-value-by-end-user/