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Global Recovered Carbon Black (rCB) Market Estimated to Grow at a CAGR of 53.89% During the Forecast Period From 2020 To 2025 – Axiom MRC

Axiom Market Research & Consulting

Axiom Market Research & Consulting

The recovered carbon black (rCB) is a material derived from scrap tires by pyrolysis. It typically contains 10 to 20% by weight non-carbonaceous material and is free of wire and fabric. rCB offers a cost-effective way for the carbon black and tire industries to improve their carbon footprints. It partially replaces high cost conventional carbon black grades including N-326, N550, and N-774 without negative effects. Moreover, it can achieve higher durometer and tensile which allows additional oil to be added to the compound. Additionally, it maintains equivalent physical properties at a significantly lower cost.

Recovered Carbon Black (rCB) Market Key Players:

• Alpha Carbone
• Black Bear Carbon
• Bolder Industries
• Delta-Energy Group
• Dron Industries
• DVA Renewable Energy JSC
• Enrestec
• Integrated Resource Recovery (IRR)
• Klean Industries
• Pyrolyx
• Scandinavian Enviro Systems AB (Enviro)
• SR2O Holdings

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Recovered Carbon Black (rCB) Market Outlook:

The North American market held the largest market share in 2018 and is projected to register a strong CAGR during the forecast period. This is attributed to the increasing number of unused tires and growing demand for environmentally friendly fillers for various applications such as tire, non-tire rubber, and plastics. Furthermore, Asia-Pacific is estimated to be the fastest-growing market by the end of the forecast period owing to the surging demand for sustainable products in the automotive and rubber industries. Moreover, the European recovered carbon black market accounted for the second-largest market share in 2018, due to the high consumption of the product in automotive tire and plastic applications. Germany is expected to be the major contributor in the region due to advanced technological operations and large automotive base.

Recovered Carbon Black (rCB) Market Segmental Overview:

The report analyses the global recovered carbon black (rCB) market based on application and geography.

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Recovered Carbon Black (rCB) Market by Application:

Based on application, the market is categorized into tire, non-tire rubber, plastics, coatings and inks application. Recovered carbon black is used as a reinforcing filler in tires. It is also used to impart colour 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.

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Recovered Carbon Black (rCB) Market by Geography:

Geographically Recovered Carbon Black (rCB) Market is studies across North America, Europe, APAC & Rest of the World. Asia is currently the largest producer and consumer of carbon black. China accounts for nearly half of Asian consumption.

 North America
• United States
• Canada
• Mexico

 Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Rest of the Europe

 Asia-Pacific
• China
• Japan
• India
• Rest of the APAC

 Rest of the world
• Latin America
• Middle East & Africa

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Email: sales@axiommrc.com
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Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals &Materials, Food & Beverages, Packaging Agriculture, Power & Energy.

Market research reports are based on scientifically developed statistics and content analytics tool ‘Qual-Quant Data Model’, in which various industry vertical’s qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.

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