Global Carbon Black Market is valued at USD 18.08 Billion (€ 15.37 Bn) in 2019 and expected to reach USD 22.53 Billion (€ 19.15 Bn) by 2026 with the CAGR of 3.19 % over the forecast period.Asia Pacific dominates the global market in terms of revenue generation. The region account more than 50 % of carbon black production in world. The growth in the region was attributed to the growing automotive industry in China, India, South Korea, Taiwan etc. China leads the market in terms of production and consumption of carbon black. The country has witnessed tremendous growth in tire manufacturing in last decade and is key performer in the world. China has more than 200 large and small tire manufacturers. Country is facing a downward growth past two years. This is due to the tariffs imposed by several countries and rising domestic competition. Despite these deterrents country is expected grow at significant pace in coming years. This Carbon Black Market report provides insights on new trade regulations, import export
