Recovered Carbon Black Market by Type, by Mechanism, by Application, by Region – Global Market Size, Share, Growth, Forecast 2023
Jul 5, 2019
According to MRFR analysis, the global recovered carbon black market is projected to reach USD 483 million at a remarkable CAGR during the forecast period. Recovered carbon black finds applications as a sustainable and environmentally-friendly reinforcing filler in the tire and non-tire applications.
Pune, India - July 5, 2019 /MarketersMedia/ —
Recovered Carbon Black Market Segmentation Analysis:
Recovered Carbon Black Market has been segmented based on application and region.
Based on application, the global recovered carbon black market has been classified into tire, non-tire rubber, coatings, plastics, and inks.
The global recovered carbon black market, by region, has been studied across five key regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
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Key players:
Some of the key players operating in the global recovered carbon black market are Hi Green Carbon (India), Pyrolyx AG (Germany), Black Bear Carbon B.V. (The Netherlands), Scandinavian Enviro Systems AB (Sweden), Delta-Energy Group, LLC (US), Alpha Carbone (France), DVA Renewable Energy JSC. (Vietnam), Enrestec Inc. (Taiwan), Integrated Resource Recovery, Inc. (US), and SR2O Holdings, LLC (US).
Recovered carbon black Market Overview:
Recovered carbon black (rCB) is an environmentally friendly substitute for virgin carbon black which is obtained by pyrolysis of scrap and unused tires. It emits less carbon dioxide (CO2). It typically contains 10-20%, by weight, of non-carbonaceous material and is free from fabric and steel wire. Depending on its post-treatment method, rCB has reinforcing properties in the range of an N500-N700 standard carbon black.
Based on application, the global recovered carbon black market has been divided into tire, non-tire rubber, coatings, plastics, and inks. Among these, the tire segment dominated the global market in 2017 owing to the high consumption of recovered carbon black as reinforcing filler in tires. In addition, it is also used to impart color to tires. It is widely used in several automotive tire parts such as sidewalls, treads, and inner-liners.
The non-tire rubber segment accounted for the second-largest market share in 2017 and is estimated to register the highest CAGR in the coming years. This is attributed to the increasing use of the product in the manufacturing of conveyor belts, gaskets, rubber sheets, hoses, seals, and rubber roofing, among others. Additionally, it is also used in footwear rubber due to its high abrasion resistance property. Recovered carbon black increases the overall strength of mechanical rubber products as it has low ash content.
Regional Analysis:
The North American market dominated the global recovered carbon black market in 2017 due to the increasing demand for the product in automobile and ink applications. The US is expected to be the major contributor to the regional market growth owing to the growing consumption of the product in the automotive tire and non-tire applications. The Asia-Pacific market is projected to register the highest CAGR during the forecast period owing to the surging demand for the product in growing rubber and automotive industries. China is projected to be the leading market in the region due to the rising demand for rCB in coatings and automobile tire applications.
TABLE OF CONTENTS:
1 Executive Summary
2 Market Introduction
3 Market Research Methodology
4 Market Dynamics Of Global Recovered Carbon Black Market
5 Market Factor Analysis Of Global Recovered Carbon Black Market
6. Global Recovered Carbon Black Market, By Application
7. Global Recovered Carbon Black Market, By Region
8. Company Landscape
9. Company Profiles
10. Conclusion
LIST OF TABLES:
Table 1 Global Recovered Carbon Black Market: By Region, 2016−2023
Table 2 North America: Recovered Carbon Black Market, By Country, 2016−2023
Table 3 Europe: Recovered Carbon Black Market, By Country, 2016−2023
Table 4 Asia-Pacific: Recovered Carbon Black Market. By Country, 2016−2023
Table 5 Middle East & Africa: Recovered Carbon Black Market, By Country, 2016−2023
Table 6 Latin America: Recovered Carbon Black Market, By Country, 2016−2023
Table 7 Global Recovered Carbon Black Application Market, By Regions, 2016−2023
Table 8 North America: Recovered Carbon Black Application Market, By Country, 2016−2023
Table 9 Europe: Recovered Carbon Black Application Market, By Country, 2016−2023
Table 10 Asia-Pacific: Recovered Carbon Black Application Market, By Country, 2016−2023
Table 11 Middle East & Africa: Recovered Carbon Black Application Market, By Country, 2016−2023
Table 12 Latin America: Recovered Carbon Black Application Market, By Country, 2016−2023
LIST OF FIGURES:
FIGURE 1 Global Recovered Carbon Black Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis Of Global Recovered Carbon Black Market
FIGURE 4 Value Chain Of Global Recovered Carbon Black Market
FIGURE 5 Global Recovered Carbon Black Market, 2016−2023, By Country, 2017
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/recovered-carbon-black-market-7557
Source: MarketersMedia
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