According to the recent study the global recovered carbon black market is projected to reach an estimated $632 billion by 2030 from $183 billion in 2023 at a CAGR of 19% from 2023 to 2030. Growth in this market is primarily driven by increasing use of recovered carbon black in the tire industry and growing environmental concern towards low carbon footprints.
Browse 112 figures/charts
and 93 tables in this 187-page report to understand trends, opportunities and
forecast in recovered carbon black market by application (tire, non-tire
rubber, and others), by end use industry (transportation, industrial, building
and construction, printing and packaging, and others), by grade (commodity and
specialty) and by region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel forecasts that
tires will remain the largest application over the forecast period supported by
the increasing adoption of recovered carbon black by major tire companies for
environment sustainability and for lowering manufacturing cost.
Transportation will
remain the largest end use industry during the forecast period supported by
increasing demand for tire and mechanical rubber goods.
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recovered
carbon black market.
Asia Pacific will remain
the largest region by value and volume and
it is also expected to witnesses the highest growth over the forecast
period due to higher vehicle production and strong domestic & export demand
for tires.
Pyrolyx, Scandinavian
Enviro Services, Black Bear Carbon, Delta-Energy, Integrated Resource Recovery,
Klean Carbon are among the major recovered carbon black providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972 636 5056
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