Carbon black market to touch $23 billion by 2027 – 30 Jan 2023

The size of the global carbon black market increased at a CAGR of 8.5% from $16.5 billion in 2022 to $17.91 billion in 2023. The COVID-19 epidemic interrupted the possibilities of a worldwide economic recovery, at least temporarily, although the amount of the carbon black market is anticipated to rise to $23.39 billion in 2027 at a CAGR of 6.9%.
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