The global carbon black market size was valued at around USD 12.06 billion by revenue in 2019. It is estimated to rise at a CAGR of 4.63% to reach USD 15.12 billion by 2025. Carbon black is pure elemental carbon that is more like fine or aggregate particles which are created by partial combustion or decay of hydrocarbons in controlled temperature and pressure. Furnace black is customarily made with the assistance of heavy aromatic oils as feedstock. ... Read more