Carbon Black Market Overview and Growth Trends
Carbon Black Market Size Was Valued at USD 27.44 Billion In 2023 And Is Projected To Reach USD 41.49 Billion By 2032, Growing At A CAGR Of 4.7% From 2024-2032.
Carbon Black, produced by incomplete combustion of hydrocarbons, is a finely divided carbonaceous particle with a high surface area. It is used in rubber fillers, inks, coatings, plastics, and water purification processes. Carbon Black is also essential in batteries, and electronics, and as a catalyst in chemical reactions due to its unique properties.