Recovered carbon black (rCB) is an eco-friendly substance that is extracted from the disposed tires during recycling. Recovered carbon black is majorly derived by pyrolysis from scrap tires, which is free of fabric, and contains non-carbonaceous materials of up to 10-20% by weight. For tire and carbon black industries, recovered carbon black offers a cost-effective measure, as it significantly reduces CO2 and greenhouse gas emissions as compared to virgin carbon black production. Reinforcing properties of rCB depends on its post-treatment method. Recovered carbon black is used in many non-tire rubber products such as rubber roofing, gaskets, seals, hoses, rubber sheets, geo-membranes, and conveyor belts.
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The growth of the recovered carbon black market is driven by expansion of the rubber industry and rise in need for eco-friendly products. Moreover, low price of recovered carbon black, surge in demand for environmentally friendly & sustainable fillers in tire & non-tire application, and abundant availability of recyclable tires are the major driving factors of the global recovered carbon black market. Furthermore, increase in use sustainable products in various applications, such as coatings, inks, plastics, and non-tire rubber is expected to boost the Market growth.
However, complicated development process makes it difficult for manufacturers to attain expertise in the field and provide consistent supply to consumers; this factor is expected to restrict the growth of the Market. In addition, high costs associated with continuous research & development along with large-term capital investment to establish a sustainable production process is likely to hamper the recovered carbon black market growth However, providing consistent quality of rCB and less awareness of using rCB as an alternative to virgin carbon black is anticipated to restrain the growth of the market. On the contrary, rise in need for green alternatives & to reduce carbon footprints and surge in demand for tire & rubber products are expected to offer remunerative opportunities for recovered carbon black market expansion.
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The global recovered carbon black market is segmented into type, application, end-use industry, and region. Depending on type, the market is classified into primary carbon black and inorganic ash. The applications covered in the study include plastics, tire, inks, coatings, non-tire rubber, and others. By end-use industry, the market is fragmented into transportation, building & construction, printing, packaging, and others.
Region-wise, the global recovered carbon black market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Growth of automotive & industrial rubber industries, sustainable production activities in Asia-Pacific, and Environmental Protection Agency’s regulations on hazardous chemicals released from carbon black manufacturing facilities have boosted the demand for recovered carbon black in this region.
The Major key players Are:
Pyrolyx AG, SR2O Holdings, Alpha Carbone, Scandinavian Enviro Systems AB, DVA Renewable Energy JSC., Integrated Resource Recovery, Delta-Energy Group, Bolder Industries, Radhe Group of Energy, and Black Bear Carbon B.V.
Key Benefits for Recovered Carbon Black Market:
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current trends and future scenario of the recovered carbon black market size from 2018 to 2025 to understand the prevailing opportunities and potential investment pockets.
- Major countries in the region have been mapped according to their individual revenue contribution in the recovered carbon black market analysis at the regional and country-level market.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
- The profiles of key players along with their contribution in market growth are enlisted in the report.
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5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
https://marketresearchdatanews.blogspot.com/
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
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