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Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
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Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
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Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Specialty Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities iCrowd Newswire 19 May 2021, 05:09 GMT+10 Opportunities in the specialty carbon black market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the specialty carbon black market is expected to reach $3 billion by 2025 with a CAGR of 6%. In this market, plastic is the largest segment by application, whereas printing and packaging is largest by end use industry. The shifting focus of carbon black suppliers from commodity to specialty grade and increasing use of specialty carbon black as pigment in plastics provides strategic growth path in this market.

Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Carbon Black Market: An Exclusive Study on Upcoming Trends and Growth Opportunities iCrowd Newswire 08 May 2021, 06:04 GMT+10 pportunities in the carbon black market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the carbon black market is expected to reach $22.8 billion by 2025 with a CAGR of 4%. In this market, tire rubber is the largest segment by application, whereas transportation is largest by end use industry. The growing usage of recycled and bio-based carbon black and a shifting focus from commodities to more specialized grades of carbon black provides strategic growth path in this market.

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