Market size: The global market size of white carbon black will reach 22 billion US dollars in 2023, with a compound annual growth rate of 6.8%.
Regional distribution:
Asia Pacific (45%): Led by China and India, benefiting from the demand for tires and building coatings.
Europe (30%): Strict environmental regulations and a high proportion of high-end gas-phase products.
North America (20%): New energy and vehicle lightweighting drive growth.
Challenges and Opportunities:
Challenge: Fluctuations in raw material prices, technological barriers, and rising environmental costs.
Opportunity: The demand for emerging fields such as new energy vehicles, 5G materials, and biomedicine is exploding.
Prediction: By 2030, the proportion of gas-phase white carbon black will increase to 40%, and biomass raw materials will become mainstream.