According to the recent study the recovered carbon black market is projected to reach an estimated $1 billion by 2028, at a CAGR of 14.4% from 2023 to 2028. 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).
“Tires market is expected
to remain the largest segment during the forecast period.”
Based on application,
the recovered carbon black market is segmented into tire, non-tire rubber, and
others. Lucintel forecasts that the tires market is expected to remain the
largest segment due to the increasing adoption of recovered carbon black by
major tire companies for environment sustainability and for lowering
manufacturing cost.
“Within the recovered carbon black market, the transportation
segment is expected to remain the largest end use industry.”
Based on end use
industry the transportation segment is expected to witness the highest growth
over the forecast period due to increasing demand for tire and mechanical
rubber goods.
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recovered carbon black market
“Asia pacific will dominate the recovered carbon black market in
near future.”
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.
Major players of
recovered carbon black market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market.
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. 972.636.5056
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