The Carbon Black Market is a critical component of the rubber and plastics industry, used as a reinforcing agent in tires, automotive components, and industrial products. It is also used in inks, coatings, and pigments.Market growth is driven by automotive production, tire demand, and industrial rubber consumption. Technological innovations in high-performance and specialty carbon black improve durability, color intensity, and reinforcement properties.
Asia-Pacific dominates production and consumption due to automotive and industrial growth, while Europe focuses on specialty and performance grades.
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