Between 2002 and 2007, the worldwide carbon black market witnessed sustained growth, driven by the embedded demand for the product from different end-use industries. However, the both demand and production decreased noticeably during the global recession years. Nevertheless, in 2010, the global carbon black market performance improved. In 2012, the carbon black production volume went beyond 11 million tonnes. APAC took the lead in terms of carbon black production, grabbing a share of around 62% of the overall production (more than 6.8 million tonnes). China, the US, India, Russia and Japan formed the top five carbon black producing countries in 2012.Carbon Black N330
  The global carbon black market is predicted to register stable growth in the years ahead. The total supply is poised to exceed 12.9 million tonnes in 2015, supported by the constantly rising demand from different end-use industries, as well as planned capacity additions across the world. APAC is anticipated to maintain its leadership in the global carbon black market through 2018.Pigment Carbon Black