The carbon black market is estimated to be valued at US$ 1,156.1 Mn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Carbon black is mainly used as a filler and reinforcing agent in the production of tires, belts, hoses, gaskets, and other rubber products. It is also used in printing inks, toners, ... Read more
Carbon black is widely used as a reinforcing filler and pigment in elastomers and plastics. As a reinforcing filler, it significantly improves the strength, abrasion resistance, and high temperature performance in applications ranging from vehicle tires to industrial hoses and belts. It is also used as a black pigment because of its excellent opacity, color properties and light stability that does not change or degrade over time. Carbon black is one of the primary pigments used in printing ... Read more