Global $28 Billion Carbon Black Market Outlook, 2029: Rising Demand for Plastics and Polymers, Automotive Industry Growth, Rising Popularity of Specialty Carbon Blacks [Yahoo! Finance]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Yahoo! Finance
Global Carbon Black Market is anticipated to cross USD 28 Billion by 2029, increasing from USD 19.93 Billion in 2023. The market is expected to grow with 5.99% CAGR by 2024-29. The tire industry is the largest consumer of carbon black, using it as a reinforcing agent to improve tire durability, strength, and overall performance. With the expansion of the automotive sector globally, the demand for carbon black in tire manufacturing is on the rise. Carbon black is a critical additive in the plastics and polymers industry, providing color, UV stability, and conductivity to various products. The increasing consumption of plastics in packaging, automotive components, and consumer goods is driving the demand for carbon black in this sector. Ongoing research has led to the development of specialty carbon blacks with unique properties, catering to specific applications in electronics, batteries, and high-performance coatings. Specialty carbon blacks contribute to advancements in energy s
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CBT
Earnings
- 5/6/24 - Beat
CBT
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 144
- CBT's page on the SEC website