Recovered Carbon Black Market worth $3,978.80 million by 2030, growing at a CAGR of 34.79% - Exclusive Report by 360iResearch

The "Recovered Carbon Black Market by Composition (Inorganic Ash, Primary Carbon Black), Product (Granules, Pellets, Powder), Grade, Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Recovered Carbon Black Market to grow from USD 492.05 million in 2023 to USD 3,978.80 million by 2030, at a CAGR of 34.79%.

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Recovered carbon black (rCB) is a sustainable material derived from the pyrolysis of end-of-life tires and other rubber products. It is a sustainable alternative to traditional carbon black, produced by burning fossil fuels. rCB retains many of the performance characteristics of virgin carbon black, offering similar reinforcing qualities for various applications across industries, including automotive, construction, and plastics. Using rCB, companies can reduce their carbon footprint and contribute to a circular economy, where waste materials are repurposed and reused rather than disposed of in landfills. The recovered carbon black market has gained traction due to increased environmental awareness and stringent regulations concerning waste disposal and resource use. Moreover, the abundant availability of raw materials for rCB production through innovative techniques compared to traditional carbon black results in market growth. However, limited awareness and acceptance of rCB as a quality substitute for virgin carbon black and technical challenges associated with the processing of rCB to achieve consistent desired quality standards may pose challenges to the market. Moreover, expanding in developing regions due to increasing automotive production and industrial activities and incorporating rCB in new application areas is expected to boost market growth.

The Americas region has exhibited substantial growth in the recovered carbon black (rCB) market, primarily driven by heightened environmental regulations and a growing emphasis on sustainable materials in the industrial sectors. The United States majorly contributes to rCB production and consumption, with the presence of a majority of manufacturers in the country. There has been a notable investment in recycling facilities and advanced pyrolysis technologies to improve the yield and quality of recovered carbon black. The European Union is at the forefront of environmental regulation, with stringent policies on waste management and carbon emissions, which led to significant investments in recovered carbon black facilities and research. The EU's circular economy action plan reinforces the adoption of recovered materials, including rCB. Moreover, customer awareness and demand for sustainable products are high in this region, particularly in the automotive sector. The Middle East and Africa (MEA) region is in the early stages of market development and showcases an opportunistic landscape for the market. The Asia-Pacific region represents a significant portion of the global rCB market, owing to the major carbon black producer and consumer economies in the region, with numerous initiatives aimed at reducing carbon footprints and promoting the use of recycled materials across various industries. Major regional economies have demonstrated increasing interest in sustainable manufacturing practices, propelling the demand for recovered carbon black.

Market Segmentation & Coverage:

This research report categorizes the Recovered Carbon Black Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Composition, market is studied across Inorganic Ash and Primary Carbon Black. The Primary Carbon Black commanded largest market share of 60.81% in 2023, followed by Inorganic Ash.

Based on Product, market is studied across Granules, Pellets, and Powder. The Granules commanded largest market share of 37.67% in 2023, followed by Pellets.

Based on Grade, market is studied across Commodity and Specialty. The Commodity commanded largest market share of 59.69% in 2023, followed by Specialty.

Based on Application, market is studied across Batteries, Dyes & Pigments, Non-Tire Rubber, and Plastics. The Plastics commanded largest market share of 35.43% in 2023, followed by Non-Tire Rubber.

Based on End-User, market is studied across Automotive & Transportation, Building & Construction, Electronics, Paints, Coating & Sealants, and Printing & Packaging. The Automotive & Transportation commanded largest market share of 29.34% in 2023, followed by Paints, Coating & Sealants.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Georgia, Illinois, Indiana, Louisiana, Michigan, New Jersey, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.27% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Recovered Carbon Black Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Recovered Carbon Black Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Recovered Carbon Black Market, highlighting leading vendors and their innovative profiles. These include Alpha Carbone, Birla Carbon U.S.A., Inc., Black Bear Carbon B.V., Bolder Industries, Bridgestone Corporation, Cabot Corporation, CIRCTEC, CONTEC S.A., Continental Carbon Company, Delta Energy LLC, DRON Industries s.r.o, DVA Renewable Energy Joint Stock Company, Eco Power Synergy Sdn Bhd, Ecolomondo Corporation, Elysium Nordic, Enrestec, Entyr Limited, Hi-Green Carbon Ltd. by Radhe Group of Energy, Imerys S.A., Klean Industries Inc., LD Carbon by SK Incheon Petrochem Co., Ltd., Orion Engineered Carbons S.A., PCBL Limited by RP-Sanjiv Goenka Group, Pyrum Innovations AG, RCB Nanotechnologies GmbH, Reoil Sp. z o.o., Scandinavian Enviro Systems AB, SR2O Holdings, LLC, and Waverly Carbon Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Recovered Carbon Black Market, by Composition
7. Recovered Carbon Black Market, by Product
8. Recovered Carbon Black Market, by Grade
9. Recovered Carbon Black Market, by Application
10. Recovered Carbon Black Market, by End-User
11. Americas Recovered Carbon Black Market
12. Asia-Pacific Recovered Carbon Black Market
13. Europe, Middle East & Africa Recovered Carbon Black Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Recovered Carbon Black Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Recovered Carbon Black Market?
3. What is the competitive strategic window for opportunities in the Recovered Carbon Black Market?
4. What are the technology trends and regulatory frameworks in the Recovered Carbon Black Market?
5. What is the market share of the leading vendors in the Recovered Carbon Black Market?
6. What modes and strategic moves are considered suitable for entering the Recovered Carbon Black Market?

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