The driving factors influencing the global recovered carbon black market includes environment-friendly and sustainable filler in tire and non-tire rubber products and increasing demand for rubber applications. These products includes seals, rubber roofing, hoses, conveyor belts, gaskets, rubber sheets, and geomembranes. Moreover, it also used in footwear for the abrasion resistance. Furthermore, due to the increasing mechanical rubber products offering low ash content, the demand for recovered carbon black market is projected to gain tremendous growth over the forecast period. Thus, this growth is majorly due to the increase in demand of rubber industry and increasing traction of environment-friendly product.
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Geography-wise, North America hold the largest market share in 2018 resulting to the increasing consumers for recovered carbon black and the increasing consumption and production of rubber industry in US, Canada, and Mexico. Furthermore, due to the increasing demand for environment-friendly products from rubber, automotive, and tire industries the demand for global recovered carbon black is on the verge to gain tremendous growth over the forecast period.
At present, leading players of the global recovered carbon black market are focusing on the developments and improvements for the betterment of the global recovered carbon black industry. Moreover, the vendors are also taking interest in collaborations, partnerships to promote their business and expand profit margins. This increase the companies growth and industrial demand both at the same. In December 2018, Sweden-based organization Scandinavian Environ Systems AB registered a contract with US-based EE-TDF Cleveland, a company services tire recycling. This agreement is intended to construct a recycling plant with a capacity of over 3 kilotons tires/year at the present site of EE-TDF Cleveland located in US and Texas.
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In October 2018, Germany-based Pyrolyx USA initiated construction of a plant at Terre Haute. Annually, this plant projects the output of 40,000 tons of processing capacity with a production of about 13 kilotons of recovered carbon black including 17.5 kilotons of pyrolysis oil.
The global recovered carbon black market is categorized into several type overview, application overview, end user industry overview, and region. Based on the type overview, the global recovered carbon black market is fragmented into inorganic ash and primary carbon black. Based on the applications overview non-tire rubber, plastics, tire, inks, coatings, and others. On the basis of end use type overview, the global recovered carbon black market is divided into transportation, printing, packaging, building & construction, and others. Looping on to the regional overview, global recovered carbon black market is a wide range to USA, Canada, Germany, Mexico, Asia Pacific, Russia, Korea, France, India, UAE, Turkey, Argentina, North America, UK, South Africa, Europe, China, Japan, The Middle East and Africa, Italy, South America, Brazil, Saudi Arabia, Egypt, Southeast Asia, Nigeria, and Columbia. Leading players of the global recovered carbon black market includes SR20, Bolder Industries, Black Bear Carbon B.V., Pyrolyx AG, Alpha Carbone, Integrated Resource Recovery, Delta-Energy Group, DVA Renewable Energy JSC, and, Scandinavian Enviro Systems AB.
Segment Overview of Recovered Carbon Black Market
• Applications Overview, 2017-2025, (Tones and USD thousand)
• Tire
• Non-Tire
• Coatings
• Plastics
• Printing Ink & Toners
• Others
• End User Overview, 2017-2025, (Tones and USD thousand)
• Automotive
• Industrial
• Printing & Packaging
• Others
• Grade Overview, 2017-2025, (Tones and USD thousand)
• Standard Grade
• Specialty Grade
• Regional Overview, 2017-2025, (Tones and USD thousand)
• North America
o U.S.
o Rest of North America
• Europe
o UK
o Germany
o Rest of Europe
• Asia Pacific
o China
o India
o Thailand
o Indonesia
o Rest of Asia-Pacific
• Rest of the World
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