Himadri Speciality Chemical, the leading manufacturer of speciality carbon black in India, is targeting an increase in its market share from 13% to approximately 18% in the domestic carbon black sector by the end of FY26.
The Kolkata-based firm plans to expand its total carbon black production capacity to about 250,000 metric tonnes per annum (MTPA) by the end of the next fiscal year through a brownfield expansion of a new speciality carbon black line at its West Bengal facility. Currently, the company’s production capacity stands at around 180,000 MTPA.
“Our company currently holds a 13% market share in the carbon black industry. We expect this to rise to around 18% by the end of FY26 following the capacity enhancements at our Bengal unit,” said Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical.
The company plans to invest approximately ₹220 crore in the brownfield expansion of the new speciality carbon black line, which will more than double its capacity to 130,000 MTPA. “With this expansion, Himadri will emerge as the fourth-largest producer of speciality carbon black globally,” Choudhary noted.
This capacity increase is projected to have a substantial positive impact on the company’s profitability, given the high yield of speciality carbon black. These advanced products, characterized by superior performance, will be utilized in various applications, including fibers, semiconductor cables, engineering plastics, inks, and other specialized uses.
The company highlights that the growth in India’s automobile production is driving increased demand for tyres and associated materials, including carbon black. As a result, the demand for carbon black in the tyre industry is expected to remain strong in the upcoming years.
