Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Recovered carbon black is a material derived from scrap tires by pyrolysis. It typically contains 10–20% by weight non-carbonaceous material and is free of wire and fabric. The rCB provides an alternative to virgin carbon black as filler in rubber and as a pigment for plastics and coatings markets. Hence, the advantages are reduction in compound cost and minimizing the detrimental impact on the environment. The performance of rCB is however dependent on the pyrolysis conditions and the tyre composition. As the rCB from tyres normally contains a blend of different types of carbon black left in the scrap tyre and does not represent any single carbon black, it is likely that these rCB do not reinforce as well as virgin CB.
The global recovered carbon black (rCB) market is witnessing significant growth owing to growing application sectors, involving non-tire rubber, plastics and coatings industries amongst others. Recovered carbon black is widely used as an environmentally-friendly and sustainable reinforcing filler in tire and non-tire rubber products. The growth of the recovered carbon black market is, therefore, directly associated with the growing demand for environmentally-friendly and sustainable reinforcing filler in tire and non-tire rubber applications. Furthermore, surging market penetration in emerging countries and evolution of technologies would further provide significant growth opportunities to this market.
The report analyses the global recovered carbon black (rCB) market based on application and geography.
Based on application, the market is categorized into tire, non-tire rubber, plastics, coatings and inks application. Recovered carbon black is used as a reinforcing filler in tires. It is also used to impart colour to tires. Recovered carbon black is acceptable for use in several parts of tires such as inner-liners, carcasses, sidewalls, and treads, based on the specific performance requirements.
By geography, the global recovered carbon black (rCB) market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. Asia is currently the largest producer and consumer of carbon black. China accounts for nearly half of Asian consumption. Most of the increase in carbon black production capacity expected to come about in the next five years will come out of Asia, with China leading the way. The growth in carbon black production is closely linked to the automotive industry and tire production. The fact that more and more global automotive production is moving to China, India and Eastern Europe is prompting the tyre industry, and therefore also carbon black producers, to follow. China is projected to be the fastest-growing market for recovered carbon black in Asia Pacific, followed by India. The APAC is currently experiencing high investments in residential and commercial construction, especially in China, Japan, Taiwan and South Korea and in developing economies such as India, Malaysia, Indonesia and Vietnam. All these factors will be supported by the ever-increasing population in the region, urbanization and their increasing purchasing power.
North America is the second-fastest growing market for recovered carbon black. The growing governmental regulations regarding the use of environmentally-friendly products in the automotive industry is expected to provide growth opportunities for the recovered carbon black market in the region.
The leading market players of the global recovered carbon black (rCB) market are Alpha Carbone, Black Bear Carbon, Bolder Industries, Delta-Energy Group, Dron Industries, DVA Renewable Energy JSC, Enrestec, Integrated Resource Recovery (IRR), Klean Industries, Pyrolyx, Scandinavian Enviro Systems AB (Enviro) and SR2O Holdings.
The global recovered carbon black (rCB) market is segmented based on application and geography. Based on application, the market is categorized into tire, non-tire rubber, plastics, coatings and inks application. Recovered carbon black is used as a reinforcing filler in tires. It is also used to impart colour to tires. Recovered carbon black is acceptable for use in several parts of tires such as inner-liners, carcasses, sidewalls, and treads, based on the specific performance requirements.
By geography, the global recovered carbon black (rCB) market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. Asia is currently the largest producer and consumer of carbon black. China accounts for nearly half of Asian consumption.
Why to buy this report:
