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Carbon Black Market size was valued at around USD 14.06 billion at the end of 2022 and is estimated to grow at a CAGR of 6.63% to reach USD 17.12 billion by 2028.
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Carbon Black Market size was valued at around USD 14.06 billion at the end of 2022 and is estimated to grow at a CAGR of 6.63% to reach USD 17.12 billion by 2028. It also offers physical features like color stability, solvent resistance, and heat stability, which makes it popular in the paint and coating industries. The rise of the automobile sector is a major driving force in the carbon black market. The worldwide carbon black market is being driven by rapid expansion in the chemical and motor industries, as well as naturally accessible raw materials, rising building and industrial industries and with these factors that are propelling the global market for carbon black forward and also makes the market have the largest share across the globe. Browse for full report @ https://www.marketdataforecast.com/market-reports/carbon-black- market Segmentation Analysis: The global Carbon black market segmentation include: By Type Furnace Black Channel Black Thermal Black Acetylene Black Others By Pigment Source Ivory Black Vine Black Lamp Black By Application Tires Non-Tire Rubber Inks & Coating Plastic Others Based on application, the global carbon black market is divided into Tires, Non-Tire Rubber, Inks & Coatings, Plastic, and Others Ask for a sample report @ https://www.marketdataforecast.com/market-reports/carbon-black- market/request-sample By Grade
Standard Grade Specialty Grade Based on grade, the global carbon black market is divided into two categories: Standard Grade and Specialty Grade. Standard grade carbon black is expected to increase quickly since it is extensively utilized throughout most applications, whereas specialty grade carbon black is expected to grow at a similar rate to standard grade carbon black. Regional Analysis: North America Europe Asia Pacific Latin America Middle East and Africa Latest Industry Developments: 24th February, 2022: Orion Engineered Carbons, a major global provider of specialty as well as high-performance carbon black, said that all specialized carbon black customers would see their prices increase. The increase may vary based on the product, production method, and location, and will be conveyed to clients individually. About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626 Email: contact@marketdataforecast.com