Carbon Black Market 2024-2028: Size and Fluctuations in crude oil prices; growth driven by the End-user, Some of key Companies Positioned Strategically

The carbon black market size by End-user (Tires, Non-tires rubber, and Non-rubber), Grade Type (Specialty grade and Standard grade), and Geography (APAC, Europe, North America, South America, and Middle East and Africa), is forecast to increase by USD 4432.7 million. The market is expected to grow at a CAGR of  over 4.36% between 2024 and 2028.

• Carbon black is manufactured through thermal decomposition or partial combustion of hydrocarbons, primarily oil and natural gas, using the furnace process. The resulting product, furnace black, distinguishes itself from carbon black produced via alternative methods. As a crucial filler in rubber, carbon black enhances rubber's strength and reinforces its structure. In tire production, it is integrated into inner liners, carcasses, sidewalls, and treads, based on specific performance requirements. In 2022, the Brent crude oil market closed at an average price of USD100, significantly impacting the cost dynamics of carbon black production.
• In the realm of cybersecurity, the illicit trade of Carbon Black, a renowned endpoint security solution, has emerged as a significant concern. Malicious actors exploit this high-demand market by selling stolen licenses or manipulating software configurations to bypass legitimate usage. This unauthorized activity not only poses a threat to organizations' security but also undermines the integrity of the Carbon Black brand and ecosystem. Companies must prioritize implementing robust security measures and remain vigilant against such unlawful activities.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Abu Dhabi National Oil Co.
• Aditya Birla Management Corp. Pvt. Ltd.
• Bridgestone Corp.
• Cabot Corp.
• CSRC Investment Holdings Co. Ltd.
• DCL Corp.
• Dow Chemical Co.
• Himadri Speciality Chemical Ltd.
• Imerys S.A.
• Kemipex
• Longxing Chemical Industry Co. Ltd.
• Mitsubishi Chemical Corp.
• Nippon Steel Corp.
• Nouryon Chemicals Holding BV
• OCI Co. Ltd.
• Omsk Carbon Group
• Orion Engineered Carbons SA
• Phillips Carbon Black Ltd.
• Saudi Basic Industries Corp.
• Tokai Carbon Co. Ltd.

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