The Global Carbon Black Market to Reach $46.9 Billion by 2033
Fact.MR states the global carbon black market size is estimated to be valued at US$ 26.2 billion in 2023 and it is expected to grow at a CAGR of 6.0% to reach US$ 46.9 billion by the end of 2033.
The Gross Value Added (GVA) of the global chemical sector is poised to be significantly influenced by the carbon black market. This influence primarily stems from its versatile application in various products, encompassing paints, coatings, packaging, plastics, and printing inks.