Carbon black used for reinforcement contributed around 17.3 billion dollars to the global carbon black industry in 2023. In comparison, carbon black used in pigments contributed around 4.9 billion U.S. dollars the same year.
Additional information on the carbon black market can be found here.
Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function
(in million U.S. dollars)
Characteristic
Reinforcement
Pigments
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Extrapolate. (February 29, 2024). Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/
Extrapolate. "Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function (in million U.S. dollars)." Chart. February 29, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/
Extrapolate. (2024). Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/
Extrapolate. "Market Value of The Carbon Black Industry from 2021 to 2023 with a Forecast from 2024 to 2031, by Function (in Million U.S. Dollars)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/
Extrapolate, Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function (in million U.S. dollars) Statista, https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/ (last visited August 25, 2024)
Market value of the carbon black industry from 2021 to 2023 with a forecast from 2024 to 2031, by function (in million U.S. dollars) [Graph], Extrapolate, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1456071/global-carbon-black-market-value-by-function/