International Alternative 

Energy Corp.

2019 World Market Outlook

Total production of CARBON BLACK was around 8,100,000 metric tons (8,900,000 short tons) in 2006.Global consumption of carbon black, estimated at 13.2 million metric tons, valued at US$13.7 billion, in 2015, is expected to reach 13.9 million metric tons, valued at US$14.4 billion in 2016. Global consumption is forecast to maintain a CAGR (compound annual growth rate) of 5.6% between 2016 and 2022, reaching 19.2 million metric tons, valued at US$20.4 billion, by 2022.

Carbon black (subtypes are  acetylene black, channel black, furnace black, lamp black and thermal black) is a material produced by the incomplete combustion of heavy petroleum products such as FCC tar, coal tar, or ethylene cracking tar. Carbon black is a form of paracrystalline carbon that has a high surface-area-to-volume ratio, albeit lower than that of activated carbon. It is dissimilar to soot in its much higher surface-area-to-volume ratio and significantly lower (negligible and non-bioavailable) polycyclic aromatic hydrocarbon (PAH) content. However, carbon black is widely used as a model compound for diesel soot for diesel oxidation experiments. Carbon black is mainly used as a reinforcing filler in tires and other rubber products. In plastics, paints, and inks, carbon black is used as a color pigment.