Carbon Black price October 2024 and outlook (see chart below)
- North America:US$1.87/KG, -0.5% down
- Europe:US$1.42/KG, -0.7% down
- Africa:US$1.6/KG, -5.9% down
- Northeast Asia:US$1.37/KG, -0.7% down
- Middle East:US$1.3/KG, -5.8% down
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
Carbon black price index
This post is a summary of the global Carbon black price developments. The price developments of global Carbon black are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Carbon black price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for global Carbon black prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of global Carbon black prices
- Recent price developments of underlying feedstocks which drive the price of Carbon black
- Market futures for both cost drives and feedstocks of global Carbon black prices
- Adjustment of current supply/demand imbalances in the Carbon black market
- Longer term trends in likely demand conditions
Further information on the Carbon black price index
What is carbon black
Carbon black is a fine, black powder that is made from the incomplete combustion of heavy hydrocarbons, such as oil and coal. It is a form of elemental carbon that is composed of pure carbon in the form of particles that are typically less than 1 micrometer in size. Carbon black is used as a reinforcing agent in rubber products, such as tires, and it is also used as a pigment in inks, paints, and plastics.
Carbon black is produced through a process called pyrolysis, which involves the heating of hydrocarbons in the absence of oxygen. The hydrocarbons are heated to a high temperature, causing them to break down and release gases, which are then cooled and collected to produce the final product.
Overall, carbon black is a versatile material that is used in a variety of applications due to its unique properties.
How is carbon black produced
Carbon black is produced through a process called pyrolysis, which involves the heating of hydrocarbons in the absence of oxygen. The hydrocarbons are typically obtained from petroleum, natural gas, or coal tar, and they are heated to a high temperature in a reactor. The reaction releases gases, which are cooled and collected to produce the final product.
The production of carbon black typically involves the following steps:
Feedstock preparation
The hydrocarbons are prepared for the pyrolysis process by removing impurities and reducing them to a uniform size.
Pyrolysis
The hydrocarbons are heated in a reactor to a high temperature, causing them to break down and release gases.
Cooling and collection
The gases released during the pyrolysis process are cooled and collected to produce the carbon black.
Purification and drying
The carbon black is purified and dried to remove impurities and moisture, resulting in the final product.
Overall, the production of carbon black involves the heating of hydrocarbons in the absence of oxygen to release gases, which are then cooled and collected to produce the final product.
What is carbon black used for
Carbon black has a wide range of uses, including:
Rubber reinforcement
Carbon black is used as a reinforcing agent in rubber products, such as tires, to improve their strength and durability.
Pigment
Carbon black is used as a pigment in inks, paints, and plastics to give them a black color.
Conductive agent
Carbon black is used as a conductive agent in electronic components, such as batteries and capacitors.
Other uses
Carbon black is also used in the production of toner for printers, as a filler in coatings and plastics, and as a catalyst in the chemical industry.
What different types of carbon black are there
There are several types of carbon black, including:
Furnace black
Furnace black is the most common type of carbon black and is produced by the partial combustion of hydrocarbons in a furnace. It has a low structure and a high surface area, and it is used in a variety of applications, including rubber reinforcement, pigmentation, and conductive agents.
Thermal black
Thermal black is produced by the pyrolysis of hydrocarbons at a high temperature in the absence of oxygen. It has a high structure and a low surface area, and it is used in the production of high-strength rubber products and as a pigment in inks and paints.
Acetylene black
Acetylene black is produced by the pyrolysis of acetylene, a gas that is obtained from the decomposition of calcium carbide. It has a high structure and a high surface area, and it is used in the production of high-strength rubber products and as a conductive agent in electronic components.
Lamp black
Lamp black is produced by the incomplete combustion of hydrocarbons, such as oil or natural gas, in a lamp. It has a low structure and a high surface area, and it is used as a pigment in inks, paints, and plastics.
Overall, the different types of carbon black are classified based on their production method and their physical properties, such as surface area and structure. The specific type of carbon black used will depend on the application and the desired properties.
How big is the carbon black market
It is difficult to estimate the exact size of the global carbon black market, as it depends on various factors such as demand from different end-use industries, production capacity, and market trends. However, according to a report by Mordor Intelligence, the global carbon black market is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2020 to 2025, reaching a market size of around USD 17.71 billion by 2025.
Carbon black is used in a variety of applications, including rubber reinforcement, pigmentation, and conductive agents. The demand for carbon black is expected to increase due to the growing demand for rubber products, such as tires, and the increasing use of carbon black in various end-use industries. The Asia-Pacific region is expected to dominate the global carbon black market, due to the large and growing populations in countries such as China and India, which drive demand for rubber products and other products that use carbon black.
According to https://oec.world/ :Carbon (carbon blacks and other forms of carbon, nes) are the world’s 755th most traded product.
In 2020, the top exporters of Carbon (carbon blacks and other forms of carbon, nes) were China ($581M), Russia ($481M), Germany ($298M), South Korea ($258M), and United States ($250M).
In 2020, the top importers of Carbon (carbon blacks and other forms of carbon, nes) were Thailand ($296M), United States ($239M), Germany ($238M), China ($225M), and Poland ($204M).
Further information
NEED A QUICK DOWNLOAD?
ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL
GET THAT DOWNLOAD IN 3 MINUTES!
BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
- For most indexes we have multiple sources and we focus on using statistically-correlated sources
- As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
- We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
- The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
- The data is presented in US$. The UOM of measure is shown in the Index list table
- Our automated software and we do our best to create an accurate representation of the trend
Where does the data NOT come from?
- We do not purchase data from any other source and republish it.
- We will not purchase data from any other source and republish it
- We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators
What data should our company use?
- If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
- Our data, at best, represents an estimate of the market trend based on public information
- We have no direct access to the market, and we do not interview suppliers and customers
- Our automated analysis tools in the online software are set up to combine our data with other sources of data
- We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data
What does the quality indication in the main menu mean?
- Quality level A: Data is from a reliable and confirmed source
- Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
- Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
- Quality level D: Data is from a single credible source, but we cannot verify the data
- Quality level E: Data is either:
- From a single source, which we consider reliable, but we cannot verify the data.
- From 2 or more sources which have some periods of contradicting trends.
- Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.
What are the disclaimers?
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We are reviewing all data sources in the first half of 2024.
- There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
- The key focus in 2024 is to add many additional indexes
How can i give feedback on the data or request for new indexes
- Feel free to contact us if you have a specific request. You can reach us via the Contact us page