Global recovered carbon black market
is projected to grow from $ 56 million in 2018 to $ 494 million by 2024, exhibiting
a CAGR of 56% during the forecast period. Recovered carbon black is extensively
used as an environment-friendly and sustainable reinforcing filler in tire and
non-tire rubber products. Anticipated growth in global recovered carbon black
market is, therefore, directly associated with increasing demand for
environment-friendly and sustainable reinforcing filler in tire and non-tire
rubber applications.
Global
market for recovered carbon black has been segmented into application and
region. Based on application, the market can be bifurcated into tire, non-tire
rubber, plastics, coatings and inks segments. Non-tire rubber application is expected
to be the second fastest growing market during the forecast period. Recovered
carbon black is used as a reinforcing agent in the production of several
non-tire rubber products. These products include conveyor belts, hoses,
gaskets, seals, rubber sheets, geo-membranes and rubber roofing. It is also
used in footwear rubber to impart abrasion resistance. The recovered carbon
black increases the strength of mechanical rubber products, since it has low
ash content. Growth in this application is associated with growing rubber
industry and increasing need for environment-friendly products.
North
America is anticipated to account for the largest market share during the
forecast period. Notably, the region has emerged as the largest consumer of
recovered carbon black, due to growing production and consumption of recovered
carbon black in countries like Canada, US and Mexico. The problems arising from
the dumping of end-of-life tires and rising demand for environment-friendly
products from tire, rubber and automotive industries in these countries is
anticipated to propel the market for recovered carbon black during the forecast
period.
Some
of the leading companies operating in global recovered carbon black market are Pyrolyx,
Black Bear Carbon, Scandinavian Enviro Systems AB (Enviro), Delta-Energy Group,
Radhe Group of Energy, Klean Industries, Alpha Carbone, Bolder Industries, Dron
Industries and DVA Renewable Energy JSC.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the
Study:
- To analyze and forecast global recovered
carbon black market size.
- To forecast global recovered carbon black market based on application
and regional distribution.
- To identify drivers and challenges for global recovered
carbon black market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
recovered carbon black market.
- To conduct the pricing analysis for recovered
carbon black market.
- To identify and analyze the profile of leading
players involved in the manufacturing of recovered carbon black.
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Some of the leading players in global
recovered carbon black market are Pyrolyx, Black Bear Carbon, Scandinavian
Enviro Systems AB (Enviro), Delta-Energy Group, Radhe Group of Energy, Klean
Industries, Alpha Carbone, Bolder Industries, Dron Industries and DVA Renewable
Energy JSC.
TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of leading manufacturers across the globe.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the product offerings,
distribution channels and presence of all major players operating in global recovered carbon black market.
TechSci Research calculated global recovered carbon black market size using a top-down approach, where data for various end-user
segments was recorded and forecast
for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target
Audience:
- Recovered Carbon Black manufacturers
and suppliers
- Government and other regulatory
bodies
- Research institutes and
organizations
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global recovered carbon
black market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- Market, by Application:
- Tire
- Non-Tire Rubber
- Coatings
- Plastics
- Inks
- Others
- Market, by Region:
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Europe
- United Kingdom
- Italy
- France
- Germany
- Russia
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in global recovered carbon black market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of
direct and indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com