Worldwide Carbon Black Industry to 2026 - Featuring Cabot, Orion Engineered Carbons and OCI Company Among Others
Dublin, June 11, 2021 (GLOBE NEWSWIRE) -- The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The global carbon black market reached a value of US$ 18.2 Billion in 2020. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products. The growing automotive industry is one of the key factors driving the market growth.
Worldwide Carbon Black Industry to 2026 - Featuring Cabot, Orion Engineered Carbons and OCI Company Among Others
Dublin, June 11, 2021 (GLOBE NEWSWIRE) -- The "Carbon Black Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com''s offering. The global carbon black market reached a value of US$ 18.2 Billion in 2020. Carbon black is elemental carbon that is produced by partial combustion or decomposition of hydrocarbons such as oil and natural gas under controlled temperature and pressure. It mainly consists of carbon along with small amounts of hydrogen, oxygen, sulfur and nitrogen. Carbon black is most commonly produced by the furnace method that provides high yield and substantial control over the particle structure and size of the output, making it ideal for mass production. It finds wide application across various industries such as automotive and paint. It is also used as a filler and a strengthening agent in tires and several rubber products. The growing automotive industry is one of the key factors driving the market growth.