Recovered Carbon Black Market Overview
The Recovered Carbon Black (rCB) Market research report 2022 provides in-depth information on market upcoming trends, size, share, growth, drivers, analysis by Application (Tire application, Non-Tire Rubber application, Plastics application, Coatings application, and Inks application), and Region (North America, Europe, Asia Pacific, RoW). The Recovered Carbon Black market size for recovered carbon black is projected to grow from USD 55 million in 2018 to USD 491 million by 2023, at a compound annual growth rate (CAGR) of 55.0% during the forecast period. The major driving factors of the recovered carbon black market are growing demand for sustainable and environmentally-friendly fillers in tire and non-tire rubber applications, abundant availability of end-of-life tires, and low and fixed price of recovered carbon black.
Recovered Carbon Black Market Key Players
- Pyrolyx (Germany)
- Delta-Energy Group (US)
- Black Bear Carbon (Netherlands)
- Scandinavian Enviro Systems AB (Sweden)
- Klean Industries (Canada)
- Radhe Group of Energy (India)
- Alpha Carbone (France)
- Bolder Industries (US)
- DRON Industries (Slovakia)
- DVA Renewable Energy JSC (Vietnam)
- Enrestec (Taiwan)
- Integrated Resource Recovery (US)
- SR2O Holdings (US).
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Recovered Carbon Black Market Segmentation
By Application:
- Tire
- Non-tire rubber
- Plastics
- Coatings
- Inks
“Tire application to hold largest market share in the recovered carbon black during the forecast period.”
The recovered carbon black market has been segmented into five applications: tire, non-tire rubber, plastics, coatings, and inks. The tire application is the dominant segment of the overall recovered carbon black market. Recovered carbon black is used as a reinforcing filler in tires. It is also used to impart color to tires. Recovered carbon black is acceptable for use in several parts of tires such as inner-liners, carcasses, sidewalls, and treads, based on the specific performance requirements.
By Region:
- North America
- Europe
- APAC
- Rest of World
“APAC estimated to be fastest-growing market for recovered carbon black during the forecast period.”
APAC is estimated to be the fastest-growing market for recovered carbon black during the forecast period due to the increasing demand for sustainable products from the growing automotive and tire industries in the region. Additionally, the increasing production of rubber products and plastics is driving the growth of the recovered carbon black market in this region. China is projected to be the fastest-growing market for recovered carbon black in Asia Pacific, followed by India. North America is the second-fastest growing market for recovered carbon black. The growing governmental regulations regarding the use of environmentally-friendly products in the automotive industry is expected to provide growth opportunities for the recovered carbon black market in the region.
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Table of Contents
1 Introduction (Page No. – 12)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Market
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. – 15)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. – 22)
4 Premium Insights (Page No. – 24)
4.1 Attractive Opportunities in the Recovered Carbon Black Market
4.2 Recovered Carbon Black Market, By Application
4.3 North America Recovered Carbon Black Market, By Application and Country
4.4 Recovered Carbon Black Market, By Country
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