Core Insights - N121 carbon black is a crucial raw material widely used in rubber, plastics, inks, coatings, and other fields, known for enhancing strength, wear resistance, and weather resistance of rubber and plastics [2][3] - The market outlook for N121 carbon black is promising due to the rapid development of the global rubber industry and increasing demand for rubber products, particularly in the automotive sector driven by the rise of electric vehicles and heightened environmental awareness [2][3] Industry Trends - Technological advancements in carbon black production are improving the quality and performance of N121 carbon black, with a shift towards more environmentally friendly production methods that utilize renewable resources [3][4] - The price of carbon black has been rising due to the development of the rubber industry and supply constraints, alongside increased manufacturing costs related to environmental regulations [3][4] - Despite rising prices, the demand for N121 carbon black remains strong, with expectations of stable growth in rubber product demand globally [3][4] Market Opportunities - The combination of a broad market outlook and technological improvements presents new opportunities for the future development of N121 carbon black [4] - The ongoing advancements in green production technologies align with sustainable development goals, potentially lowering production costs and enhancing market competitiveness [3][4]