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Stock impact report

Carbon Black Market to Reach $2,058.2 Million by 2030 Owing To Increasing Demand from Tire Manufacturing Industry | Says Coherent Market Insights [Yahoo! Finance]

Orion Engineered Carbons S.A Common Shares (OEC) 
Last orion engineered carbons s.a common shares earnings: 2/20 04:45 pm Check Earnings Report
US:NYSE Investor Relations: investor.orioncarbons.com
Company Research Source: Yahoo! Finance
Type: Polyester (Filament Fiber, Staple Fiber, Others), Nylon, Acrylic, and Others, By End Users: Home Textiles, Apparels, and Others and By Geography: Size, Share, Outlook, and Opportunity Analysis, 2023-2030. According to the report, the global carbon black market was valued at US$ 1,156.1 Mn in 2023 and is expected to reach US$ 2,058.2 Mn by 2030 , exhibiting a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. Carbon black is a material produced by the incomplete combustion of heavy petroleum products such as FCC tar, coal tar and ethylene cracking tar. It is used as a pigment, filler and reinforcing agent in tires, hoses, belts, molded and extruded rubber goods. Request Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/4662 Market Dynamics The Carbon Black Market is primarily driven by the increasing demand from the tire manufacturing industry. Carbon black is a key component in the production of tires as it provides reinforcement and i Show less Read more
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