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The global carbon black in lead-acid battery market size reached approximately USD 492.52 million in 2023. The market is estimated to grow at a CAGR of 5.1% in the forecast period of 2024-2032, reaching a value of around USD 779.43 million by 2032.
Carbon black is a conductive additive material which is primarily utilised in the negative electrodes of lead-acid batteries. Its primary functions involve enhancing the electrical conductivity of electrodes and improving the overall performance of the battery.
Based on battery type, the market is bifurcated into flooded lead-acid battery and valve regulated lead-acid (VRLA) battery. The carbon black in lead-acid battery market segmentation, on the basis of grade, includes speciality and conductive. The major regional markets of carbon black in lead-acid battery are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the carbon black in lead-acid battery market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Flooded lead acid battery occupies a sizeable share of the carbon black in lead-acid battery market share, owing to the increased utilisation of carbon black-based flooded acid batteries in forklift trucks as cost-effective and high-performance solutions.
Carbon-based flooded lead-acid batteries also find rigorous applications in electric motors of submarines due to their low material cost. Additionally, they are widely utilised in the power backup system of the submarine vessel.
As per the carbon black in lead-acid battery market analysis, the Asia Pacific accounts for a significant share of the global market due to the increased production of vehicles in the region, which facilitates the utilisation of carbon black additives-based lead-acid batteries in these vehicles.
The surge in demand for power backup systems such as UPS and inverters also provides a positive market outlook. Additionally, increased investment in the automotive sector to enhance the functionalities of automotive vehicle components such as lead acid batteries aids the APAC market growth.
Cabot Corporation, incorporated in 1882, is a speciality chemicals and performance materials manufacturer, based in Massachusetts, the United States. Some of its popular products include adhesive and sealants, batteries, coatings, food and beverage, and pharmaceutical and personal care, among others.
Aditya Birla Management Corporation Pvt. Ltd. is a Fortune 500 company, founded in 1857 and headquartered in Maharashtra, India. The company has adopted advanced CFBS-based Semi-Dry FGD systems in two of its production plants as a step towards its decarbonisation goals.
Orion Engineered Carbons GmbH, established in 2011, is one of the leading producers of speciality chemicals. The company, headquartered in Texas, the United States, offers its carbon black solutions for batteries, tires, coating systems, and polymers, among others.
Other carbon black in lead-acid battery market players include Beilum Carbon Chemical Limited, Shandong Jinkeli Power Sources Technology Co. Ltd., Denka Company Limited, Imerys SA, and IsraZion ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Battery Type |
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Breakup by Grade |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Carbon Black in Lead-Acid Battery Market Analysis
8.1 Key Industry Highlights
8.2 Global Carbon Black in Lead-Acid Battery Historical Market (2018-2023)
8.3 Global Carbon Black in Lead-Acid Battery Market Forecast (2024-2032)
8.4 Global Carbon Black in Lead-Acid Battery Market by Battery Type
8.4.1 Flooded Lead-Acid Battery
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Valve Regulated Lead-Acid (VRLA) Battery
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Carbon Black in Lead-Acid Battery Market by Grade
8.5.1 Speciality
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conductive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Carbon Black in Lead-Acid Battery Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Carbon Black in Lead-Acid Battery Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Carbon Black in Lead-Acid Battery Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Carbon Black in Lead-Acid Battery Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Carbon Black in Lead-Acid Battery Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Carbon Black in Lead-Acid Battery Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Cabot Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Aditya Birla Management Corporation Pvt. Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Orion Engineered Carbons GmbH
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Beilum Carbon Chemical Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Shandong Jinkeli Power Sources Technology Co. Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Denka Company Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Imerys SA
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 IsraZion ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Carbon Black in Lead-Acid Battery Market: Key Industry Highlights, 2018 and 2032
2. Global Carbon Black in Lead-Acid Battery Historical Market: Breakup by Battery Type (USD Million), 2018-2023
3. Global Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Battery Type (USD Million), 2024-2032
4. Global Carbon Black in Lead-Acid Battery Historical Market: Breakup by Grade (USD Million), 2018-2023
5. Global Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Grade (USD Million), 2024-2032
6. Global Carbon Black in Lead-Acid Battery Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Carbon Black in Lead-Acid Battery Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Carbon Black in Lead-Acid Battery Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Carbon Black in Lead-Acid Battery Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Carbon Black in Lead-Acid Battery Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Carbon Black in Lead-Acid Battery Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Carbon Black in Lead-Acid Battery Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Carbon Black in Lead-Acid Battery Market Structure
In 2023, the market reached an approximate value of USD 492.52 million.
The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 779.43 million by 2032.
The major market drivers are the growing demand for economical batteries and the increased adoption of these batteries in the flourishing automotive sector.
The key trends of the market include increased implementation of carbon black to extend the life cycle of lead acid batteries, the growing adoption of carbon black-based-lead-acid batteries by telecom towers in their power system, and strategic initiatives by several market players to expand the production of carbon black.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Different battery types are flooded lead-acid battery and valve regulated lead-acid (VRLA) battery.
The key players in the market are Cabot Corporation, Aditya Birla Management Corporation Pvt. Ltd., Orion Engineered Carbons GmbH, Beilum Carbon Chemical Limited, Shandong Jinkeli Power Sources Technology Co. Ltd., Denka Company Limited, Imerys SA, and IsraZion ltd., among others.
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