Japan Carbon Black Tire Market Size, Share, and COVID-19 Impact Analysis, By Type (Thermal Black, Furnace Black, and Others), By Application (Passenger Cars, Commercial Vehicles, Off-the-Road Tires, and Others), By Distribution Channel (OEMs and Aftermarket), and Japan Carbon Black Tire Market Insights, Industry Trend, Forecasts to 2035
Industry: Automotive & TransportationJapan Carbon Black Tire Market Insights Forecasts to 2035
- The Japan Carbon Black Tire Market Size is Expected to Grow at a CAGR of 4.2% from 2025 to 2035
- The Japan Carbon Black Tire Market Size is Expected to Hold a Significant Share by 2035
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According to a Research Report Published by Spherical Insights & Consulting, The Japan Carbon Black Tire Market Size is Expected to Hold a Significant Share by 2035, at a CAGR of 4.2% during the forecast period 2025-2035. The Japan carbon black tire market is on the rise due to the growth of cars, rising demand for high-performance tires, and the adoption of electric vehicles. Carbon black strengthens tires and makes them more resilient, meeting customers needs and sustainability, and vehicle performance rules.
Market Overview
The Japan Carbon Black Tire Market Size is defined as a business involved in the production and use of carbon black as a key ingredient in tire manufacturing. Carbon black is a finely divided black powder that is created by burning hydrocarbons with a limited volume of air and plays an important role in reinforcing tire strength, durability, and wear resistance. Its primary application is in tire tread, sidewalls, and rubber components production. Its strengths include an established automotive sector, strong technological developments, and a sound supply chain. Opportunities are that the growing use of green and fuel-efficient tires and the growing demand for electric cars, which require added-value tires. Market growth is fueled by the increasing production of vehicles, higher demand for high-performance tires, and advancements in tire technology. Government measures, such as more stringent emission requirements and incentives for environmentally friendly technology, are shaping market trends.
Report Coverage
This research report categorizes the market for the Japan carbon black tire market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan carbon black tire market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan carbon black tire market.
Japan Carbon Black Tire Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 4.2% |
Historical Data for: | 2020-2023 |
No. of Pages: | 185 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Application |
Companies covered:: | Asahi Kasei Corporation, Orion Engineered Carbons S.A., Mitsui Chemicals, Inc., TOSOH Corporation, Cabot Corporation, Imerys Graphite & Carbon, Denka Company Limited, Tokai Carbon Co., Ltd., Birla Carbon (Aditya Birla Group), Nippon Steel Chemical & Material Co., Ltd, JSR Corporation, Sumitomo Chemical Co., Ltd., Shandong Tianye Chemical Co., Ltd., and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The carbon black tire market in Japan is largely controlled by the surge in demand for superior-quality tires in the automobile sector due to more vehicle manufacturing and consumer demand for durability and fuel efficiency. Improved tire life and safety through technological advancements during tire manufacturing also propel market growth. Favorable government policies towards sustainability and moving towards environmentally friendly automobiles, such as electric vehicles, also promote the consumption of advanced tire technologies, which boost carbon black demand.
Restraining Factors
The Japan carbon black tire market is faced with environmental concerns about carbon black production, strict emissions regulations, and rising raw material prices. In addition, the demand for sustainable alternatives could reduce the reliance on traditional carbon black products.
Market Segmentation
The Japan carbon black tire market share is classified into type, application, and distribution channel.
- The thermal black segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan carbon black tire market is segmented by type into thermal black, furnace black, and others. Among these, the thermal black segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to its low hysteresis and resilience preference, and constant demand with its characteristics being highly distinct, particularly in specialty tire applications requiring higher performance. Thermal black, which is produced through thermal decomposition, has high structure and massive particle size, and is best suited to be used in tire applications requiring flexibility and durability.
- The passenger cars segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan carbon black tire market is segmented by application into passenger cars, commercial vehicles, off-the-road tires, and others. Among these, the passenger cars segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the Rising car ownership, along with customer demand for high-performance, energy-efficient tires, which drives carbon black demand in passenger tires. It increases durability, traction, and overall tire performance, addressing consumer needs for safety, longevity, and better-quality tires.
- The OEMs segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan carbon black tire market is segmented by distribution channel into OEMs and aftermarket. Among these, the OEMs segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is owing to the tire manufacturers rely on a stable supply of top-quality carbon black to manufacture tires. OEMs provide long-term partnerships with carbon black firms for the sake of supply chain operational efficiency and adherence to high-quality levels for their products.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan carbon black tire market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Asahi Kasei Corporation
- Orion Engineered Carbons S.A.
- Mitsui Chemicals, Inc.
- TOSOH Corporation
- Cabot Corporation
- Imerys Graphite & Carbon
- Denka Company Limited
- Tokai Carbon Co., Ltd.
- Birla Carbon (Aditya Birla Group)
- Nippon Steel Chemical & Material Co., Ltd
- JSR Corporation
- Sumitomo Chemical Co., Ltd.
- Shandong Tianye Chemical Co., Ltd.
- Others
Recent Developments:
- In March 2024, Cabot Corporation launched PROPEL® E8, an engineered reinforcing carbon black designed for high-performance tire treads. Offering superior durability and low rolling resistance, it addresses challenges posed by the heavier weight and higher torque of electric vehicles (EVs), complementing Cabots existing PROPEL E series for advanced tire applications.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan carbon black tire market based on the below-mentioned segments:
Japan Carbon Black Tire Market, By Type
- Thermal Black
- Furnace Black
- Others
Japan Carbon Black Tire Market, By Application
- Passenger Cars
- Commercial Vehicles
- Off-the-Road Tires
- Others
Japan Carbon Black Tire Market, By Distribution Channel
- OEMs
- Aftermarket
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