Major Group SIC 2895 - Carbon Black

SIC 2895 - Carbon Black

SIC 28 - Chemicals And Allied Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 289 - Miscellaneous Chemical Products
  SIC 281 - Industrial Inorganic Chemicals SIC 282 - Plastics Materials And Synthetic Resins, Synthetic Rubber, Cellulosic SIC 283 - Drugs SIC 284 - Soap, Detergents, And Cleaning Preparations Perfumes, Cosmetics SIC 285 - Paints, Varnishes, Lacquers, Enamels, And Allied Products SIC 286 - Industrial Organic Chemicals SIC 287 - Agricultural Chemicals SIC 289 - Miscellaneous Chemical Products
  - SIC 2895 - Carbon Black
    SIC 2891 - Adhesives And Sealants SIC 2893 - Printing Ink SIC 2899 - Chemicals And Chemical Preparations, Not Elsewhere Classified SIC 2892 - Explosives SIC 2895 - Carbon Black

Establishments primarily engaged in manufacturing carbon black (channel and furnace black). Establishments primarily engaged in manufacturing bone and lamp black are classified in Industry 2816.

Industry trends:

The Carbon Black industry (NAICS 2895) has been witnessing several qualitative trends that are shaping its landscape. One of the most significant trends is the growing demand for sustainable and environmentally friendly production processes. Companies are increasingly investing in technologies that reduce carbon emissions and improve energy efficiency. This shift is largely driven by stringent environmental regulations and the growing consumer preference for green products.

Additionally, the industry is experiencing advances in product innovation. There is a notable focus on enhancing the performance characteristics of carbon black, such as improving its strength and conductivity for use in diverse applications like tires, plastics, and electronics. This innovation is fostering collaborations between carbon black manufacturers and end-user industries to develop customized solutions.

The Asia-Pacific region continues to dominate the market, driven by robust industrialization and automotive production in countries like China and India. However, North America and Europe are also expected to see steady growth, supported by advancements in technology and increasing application scopes.

In the near future, the carbon black market is forecasted to experience moderate growth. The trend towards electrification in the automotive industry, particularly the rise of electric vehicles, will likely boost demand for specialized grades of carbon black. Moreover, the recovery of industrial activities post-pandemic is expected to gradually restore market dynamics to pre-pandemic levels.

Overall, while environmental concerns and regulatory pressures pose challenges, they are also driving innovation and technological advancements that could open new opportunities for the carbon black industry in the coming years.

This industry is comprised of:

Carbon black

Channel black

Furnace black

Explore related industries:

SIC 3624 - Carbon And Graphite Products SIC 3955 - Carbon Paper And Inked Ribbons SIC 2999 - Products of Petroleum and Coal, Not Elsewhere Classified

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