In a recent research report by Market Research Community, the Carbon Black Market is expected to surpass USD 23.19 Billion by the year 2028, from USD 16.1 Billion in 2021.
Carbon black is a type of fine, black powder made from the incomplete combustion of heavy petroleum products such as tar and oil. It is used as a pigment and reinforcing agent in various materials, including rubber, paint, and plastic. Carbon black is also used as a filler in inks, toners, and coatings.
is projected to grow at a significant pace reaching a CAGR of approximately 4.54%, over the forecast period of 2022–2030, despite a considerable fall in Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile, Rest of Latin America
The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Himadri Chemicals & Industries Limited, Orion Engineered Carbons, Shandong Huadong Rubber Materials, Phillips Carbon Black Ltd, Birla Carbon, Jiangxi Black Cat Carbon Black Inc. Ltd., Cabot Corporation
is expected significantly over the next few years in meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Market Research Community is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domain.
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