The global market size of white carbon black will reach 4.5 billion US dollars in 2023, and is expected to exceed 7 billion US dollars by 2030, with a CAGR of 6.8%. The main driving factors include:


Policy promotion: EU tire labeling law, China's "dual carbon" target to accelerate the popularization of green tires;
Technological upgrade: Expansion of the application of gas-phase white carbon black in semiconductor packaging and 5G communication materials;
Domestic substitution: China's production capacity of precipitated white carbon black accounts for 60% of the world's total, but the dependence on imported high-end gas-phase products still exceeds 70%.
Enterprise layout: International giants such as Evonik and Solvay occupy the high-end market, while domestic companies such as Longxing Chemical and Jinshanjiang accelerate technological catch-up through industry university research cooperation. In the next 3-5 years, they may usher in a window of domestic substitution.