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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Specialty carbon black is an upscale refined chemical produced by burning hydrocarbons in a confined space. Specialty carbon black, also known as pigment black, is the cleanest form of carbon black, including the least amount of ash, sulphur, metals, and other contaminants.
Polystyrene, which is frequently used in construction, has its insulating qualities enhanced by specialty carbon black as well. The rate of innovation in non-impact printing is accelerated by the continuous development of new Specialty Carbon Blacks.
The Global EV specialty carbon black market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
For its ElectricDrive GT tyre, designed for electric vehicles, Goodyear introduced a new tread formulation. The specially developed tread composition will contain Monolith carbon black, which is made by pyrolyzing methane.
By doing this, Monolith and Goodyear advance the goal of producing tyres using carbon black with no emissions. This tyre, which will be produced with this particular form of carbon black, is the first one available for purchase on the market that uses Monolith-generated carbon black.
A vital component of tyres, carbon black gives tyre compounds strength, enhanced tear resistance, and increased abrasion resistance.
Traditional carbon black is often produced by burning fossil fuels, but Monolith's plasma-based process uses renewable power to complete methane pyrolysis, yielding solely carbon and hydrogen with no combustion necessary.
The process of methane pyrolysis enables the separation of the methane molecule into its carbon and hydrogen atoms.
In order to comprehend and identify new ideas and technologies to incorporate into our products, Goodyear constantly looks at and collaborates with its supply base.
They work with suppliers like Monolith to include sustainable materials into their consumer products while maintaining performance and safety.
One example of this is the usage of carbon black made from methane pyrolysis.The essence of what they do is collaborating with creative partners to use sustainable ingredients, and Goodyear has been at the forefront of that mission.
They are ecstatic about the upcoming debut of the tyre built with Monolith carbon black and are looking forward to the partnership's continued product development.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |