Rubber Carbon Black Market - Growth, Trends, and Forecasts (2023 - 2028)
The Global Rubber Carbon Black Market was valued at 10,701.4 kilo tons in 2021 and is projected to register a CAGR of around 3% during the forecast period (2022-2027).
Carbon black is an elemental carbon in the form of extremely fine particles having an amorphous molecular structure. Other than carbon, carbon black also contains small quantities of other elements such as oxygen, hydrogen, and sulfur. Rubber grade carbon black is mainly used in tires to increase the durability and strength of the tire and also darkens the color of the tire. Rubber grade carbon black also finds applications in mechanical rubber goods such as hoses, belts, gaskets, vibration control, and footwear.
Key HighlightsThe rubber carbon black market is consolidated in nature. Some of the major players in the market include Cabot Corporation, Birla Carbon (Aditya Birla Group), Orion Engineered Carbons GmbH, Jiangxi Black Cat Carbon Black Co. Ltd, and Tokai Carbon Co. Ltd among others.
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