Europe Recovered Carbon Black Market 2022: Future Development, COVID-19 Impact, Manufacturers, Demands and Revenue Report discussed in a new market research report

The recovered carbon black market in Europe is expected to grow from US$ 1,623.18 million in 2021 to US$ 3,594.48 million by 2028; it is estimated to grow at a CAGR of 12.0% from 2021 to 2028. The green economy is another vision of growth and development for many countries; it can promote economic development and improve people's lives while promoting environmental and social well-being. An important part of the green economy strategy is to promote the development and adoption of sustainable technologies. The importance of sustainability is not just based on an ecological perspective, but economic aspects also contribute to it. Recovered carbon black is emerging as an alternative to virgin carbon black that is produced from the combustion of crude oil. The carbon black recovered from recycled tires contributes to a significant decrease in CO2 emissions and emphasizes the concept of reusing products to minimize waste generation

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Key companies profiled in this research study are:
Alpha Carbone
Black Bear Carbon B.V.
Bolder Industries
ENRESTEC
Pyrolyx AG
Scandinavian Enviro Systems AB
SR2O Holdings, LLC

Europe Recovered Carbon Black Market Segmentation

Europe Recovered Carbon Black Market -By Application
Tire
Non-Tire Rubber
Plastics
Others

Europe Recovered Carbon Black Market -By Country
Germany
France
Italy
U.K.
Russia
Rest of Europe

Major economies in Europe include Germany, France, Italy, the UK, and Russia, among others. The region holds significant growth opportunities for the recovered carbon black market players, owing to the huge number of waste tire generation annually. ~3 million tons of end-of-life tires (ELT) are collected across the European Union every year. Most of these tires are recycled, and one-third of them are incinerated for energy purposes. Carbon black recovered from the ELTs is a sustainable material with a variety of application lines. In 2018, the total carbon black demand of the European Union was close to 2 million tons, and 45% of this demand was met by the carbon black imported from Russia and Ukraine. A large import of new carbon black is due to the region's stringent environmental and safety regulations, which make new carbon black production more expensive in the region. Additionally, the European tire industry demands increasingly high volumes of carbon black. Rise in application range of recovered carbon black is the major factor driving the growth of the Europe recovered carbon black market.

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Major Features of Europe Recovered Carbon Black Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Recovered Carbon Black Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Europe Recovered Carbon Black Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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