The global carbon black market is estimated to reach a total of 15.12 billion by the end of 2023 with a growth rate of 4.63% due to the demand from end-use industries.Carbon black is a pure elemental carbon that is in the form of fine or aggregate particles which are formed by incomplete combustion or decomposition of hydrocarbons under controlled temperature and pressure. Furnace black, thermal black, acetylene black, and gas ... Read more
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
