Carbon Black Market Trends: Innovations Reshaping the Industry
The Carbon Black Market is poised for steady growth, projected to expand at a CAGR of 3.87% through 2029, driven by increasing demand from the automotive, plastics, and coatings industries. According to a recent report by TechSci Research, the market was valued at USD 21.75 billion in 2023 and is expected to witness sustained growth due to advancements in sustainable production technologies and stringent environmental regulations.