Carbon Black Industry research Leading Players Updates Industry Demand Current And Future Plans By Forecast To 2030
Market Analysis The global specialty carbon black market is likely to touch USD 2.3 billion at a 5.3% CAGR between 2022- 2030, according to the recent Market Research Future (MRFR) report. Specialty carbon black, simply put, is a pure form of carbon black that has low content of metals, sulfur, ash, and other impurities. It has excellent UV protection and conductive properties and provides pigmentation. Owing to its alluring features and key benefits specialty black market has wide applications in foaming reagents, adhesives and sealants, batteries, masterbatches, paints and coatings, printing inks, plastics, and others. Various factors are adding to the global Specialty Carbon Black Market growth. These factors, as stated by the MRFR report, include demand for printing inks in packaging industries for its excellent pigmenting property, used for imparting functionalities like conductive characteristics and UV protection to polymers, increasing adoption of hybrid and electric veh...