Global Recovered Carbon Black Market Size, Share, Growth Analysis, By Application(Plastic, Tires), By Type(Inorganic Ash Content, Conductive) - Industry Forecast 2024-2031

PUBLISHED: March 17, 2024

PAGES: 184 Pages

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Description

Global Recovered Carbon Black Market size was valued at USD 131.14 billion in 2022 and is poised to grow from USD 173.37 billion in 2023 to USD 1617.40 billion by 2031, growing at a CAGR of 32.20% during the forecast period (2024-2031).

EnviroCB, a leading producer of recovered carbon black, reports an annual global production of approximately 18 million tonnes of discarded tires. OICA data reveals a substantial growth rate in automotive output for various nations, ranging from 2% to 69.7% from 2018 onwards. This surge is expected to drive European demand for high-performance coatings and tire manufacturing. The market for high-performance coatings is predicted to witness rapid growth, attributed to its enhanced protective capabilities and aesthetic appeal, making it increasingly popular in the automobile and aerospace sectors due to its durability. The global automotive industry has experienced significant expansion, producing 94.97 million units in recent years, according to OICA. This upward trend is anticipated to fuel the demand for high-performance tires and coatings, benefiting the market. The growth of the rubber sector and the increasing preference for environmentally friendly products are identified as key factors contributing to the rise of the black market for recovered carbon.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Recovered Carbon Black Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Recovered Carbon Black Market Segmental Analysis

Global Recovered Carbon Black Market is segmented on the basis of type, application and region. By type, the market is segmented into inorganic ash content, conductive, non-conductive. By application, the market is segmented into plastics, tires, coatings, non-fire rubber, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Recovered Carbon Black Market

The increasing demand for recycled goods stands out as a pivotal factor propelling the global Recovered Carbon Black market. As consumers gain heightened awareness regarding recycling's significance and the advantages associated with using recycled items, the appeal of these products continues to rise. The application of Recovered Carbon Black across diverse sectors such as plastics, rubber, and construction is poised for sustained expansion, driven by a growing consumer consciousness about their environmental footprint.

Restraints in the Global Recovered Carbon Black Market

The push towards sustainability in government regulations is fueling the growth of the Recovered Carbon Black market. However, challenges may arise in regions with less stringent regulations or resistance to embracing innovative technologies and materials, requiring careful navigation of regulatory hurdles to ensure successful adoption.

Market Trends of the Global Recovered Carbon Black Market

A prominent trend in the recycled carbon black (rCB) market involves an increasing emphasis on curbing carbon emissions and advocating for sustainability. Derived from discarded tires and other rubber goods, recovered carbon black not only lessens waste but also mitigates the ecological footprint associated with these materials. Consequently, the adoption of recovered carbon black is on the rise, positioning it as a sustainable substitute for conventional virgin carbon black.

Product Code: SQMIG15A2191

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Recovered Carbon Black Market by Application

Market Overview
Plastic
Tires
Coatings
Non-Tire Rubber
Others

Global Recovered Carbon Black Market by Type

Market Overview
Inorganic Ash Content
Conductive
Non-Conductive

Global Recovered Carbon Black Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Pyrolyx AG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Scandinavian Enviro Systems AB (Sweden)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Black Bear Carbon BV (Netherlands)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Klean Industries Inc. (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Delta-Energy Group, LLC (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bolder Industries (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Enrestec Inc. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SR2O Holdings, LLC (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Carbon Clean Tech AG (Switzerland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Scandinavian Recycling Solutions AS (Norway)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dron Industries Ltd. (Israel)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Black Pellets Denmark ApS (Denmark)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SAE Specialty Polymers (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Radhe Group of Energy (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Delta Techniks GmbH (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ERG Materials and Aerospace Corp. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Carbon Recovery GmbH (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Blackwoods Protector (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dharmapuri Carbon Black Pvt Ltd. (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ResourceCo Pty Ltd (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Continental Carbon Company (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Cabot Corporation (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments