Recovered Carbon Black (rCB) finds diverse applications across industries. The process involves thermal degradation, where the waste rubber is heated, and the resultant black powder is collected. rCB retains properties similar to virgin carbon black and can be used in various applications, including rubber and plastic products, as well as coatings, providing environmental benefits by reducing waste and carbon emissions. It is also used in plastics and rubber applications, coatings, inks, and pigments. With comparable performance to virgin carbon black at a lower cost, rCB is becoming increasingly popular in various applications, supporting sustainability goals and promoting the circular economy.
Access Full Report at @ https://www.databridgemarketresearch.com/es/reports/global-recovered-carbon-black-rcb-market
Data Bridge Market Research analyses that the Global Recovered Carbon Black (RCB) Market is valued at USD 124.32 million in 2021 and is expected to reach USD 743.37 million by 2029, registering a CAGR of 25.05% during the forecast period of 2022 to 2029. Companies' increasing emphasis on sustainability and corporate social responsibility has compelled them to seek eco-friendly alternatives like recovered carbon black (rCB). By using rCB, businesses can recycle waste rubber, reduce carbon emissions, and align with circular economy principles, demonstrating their commitment to environmental stewardship and sustainable practices.
Key Findings of the Study
Increasing tire production is expected to drive the market's growth rate
The expanding automotive industry and tire manufacturing sector have resulted in a higher volume of waste tires generated. This surplus of waste tires has made the sourcing of recovered carbon black (rCB) more accessible and cost-effective. With an abundant supply of raw materials, companies can recycle these discarded tires to produce rCB, offering an economically viable solution compared to traditional carbon black. This availability has contributed to the increased adoption of rCB as a sustainable alternative across various industries.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014-2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Primary Carbon Black, Inorganic Ash), Grade (Commodity, Specialty), Application (Tire, Non-Tire Rubber, Plastics, Inks, Coatings, Others), End-User (Transportation, Industrial, Printing and Packaging, Building and Construction, Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Tyrepress (Germany), Black Bear Carbon B.V. (Netherlands), Klean Industries (Canada), Radhe Group of Energy (India), Scandinavian Enviro Systems AB (Sweden), DVA Renewable Energy JSC. (Vietnam), Bolder Industries Corporate (U.S.), Wild Bear Carbon B.V. (The Netherlands), Greetings Green Carbon (India), Pyrolyx AG (Germany), Enrestec Inc. (Taiwan), Coordinated Resource Recovery, Inc. (U.S.), Delta-Energy, LLC (U.S.), Alpha Carbone (France) and SR2O Holdings, LLC (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
|
Segment Analysis:
The recovered carbon black (RCB) market is segmented on the basis of type, grade, application, and end-user.
On the basis of type, the recovered carbon black (rCB) market is segmented into primary carbon black and inorganic ash. In 2022, the primary carbon black segment is expected to dominate the global recovered carbon black (rCB) market with the highest CAGR of 17.6% in the forecast period of 2022 to 2029 due to its extensive applications and superior performance in tire production.
In 2022, the primary carbon black segment is expected to dominate the global recovered carbon black (rCB) market
In 2022, the primary carbon black segment is expected to dominate the global recovered carbon black (rCB) market with the highest CAGR of 17.6% in the forecast period of 2022 to 2029 as primary carbon black is manufactured directly from fossil fuels, providing consistent and well-defined properties. As a result, it offers higher quality and performance compared to recovered carbon black, which is obtained from recycling waste tires. Industries prefer primary carbon black for critical applications such as rubber products, plastics, and coatings, where consistent quality and performance are essential.
- On the basis of grade, the recovered carbon black (rCB) market is segmented into commodity and specialty. In 2021, commodity segment is expected to dominate global recovered carbon black (rCB) market with highest CAGR of 17.6% in the forecast period of 2022 to 2029 as in the commodity segment, rCB serves as a direct substitute for traditional carbon black, offering similar performance characteristics at a more cost-effective price.
In 2022, commodity segment is expected to dominate the global recovered carbon black (rCB) market
In 2022, commodity segment is expected to dominate the global recovered carbon black (rCB) market with the highest CAGR of 17.6% in the forecast period of 2022 to 2029 as commodity-grade recovered carbon black is produced from recycled tires and offers a more economical alternative to virgin carbon black. It finds extensive applications in non-critical areas, such as rubber compounds, molded products, and coatings, where consistent performance is not a primary concern. The commodity-grade's affordability and versatility make it a preferred choice for industries seeking cost-effective solutions without compromising product quality.
- On the basis of application, the recovered carbon black (rCB) market is segmented into tire, non-tire rubber, plastics, inks, coatings and others. In 2021, tire segment is expected to dominate global recovered carbon black (rCB) market with highest CAGR of 17.8% in the forecast period of 2022 to 2029 as recovered black carbon is mainly obtained from recycling end-of-life tires, making the tire industry the largest contributor to its production.
- On the basis of end-user, the recovered carbon black (rCB) market is segmented into transportation, industrial, printing and packaging, building and construction, and others. In 2022, transportation segment is expected to dominate global recovered carbon black (rCB) market with highest CAGR of 17.8% in the forecast period of 2022 to 2029 as recovered black carbon is widely used in the manufacturing of tires for various modes of transportation, including automobiles, trucks, buses, and bicycles.
Major Players
Data Bridge Market Research recognizes the following companies as the major Recovered carbon black (RCB) market players in Recovered carbon black (RCB) market are Tyrepress (Germany), Black Bear Carbon B.V. (Netherlands), Klean Industries (Canada), Radhe Group of Energy (India), Scandinavian Enviro Systems AB (Sweden), DVA Renewable Energy JSC. (Vietnam)
Market Developments
- Bolder Industries has formed a strategic partnership with Tauber Oil, launching BolderOil to further promote the growth of sustainable materials. As part of the collaboration, Tauber Oil becomes the exclusive buyer of BolderOil, which offers a reliable supply of sustainable, tire-derived oil. This joint effort aims to advance the adoption of environmentally friendly solutions, enhancing the market for sustainable materials and reinforcing both companies' commitment to sustainability and circular economy practices.oil.
- Bolder Industries revealed that its Missouri facility has received the prestigious ISCC PLUS certification for circular carbon black and pyrolysis oil. This certification positions Bolder Industries to offer approved circular goods to the industry, meeting the rising demand for sustainable materials. Clients will now have access to mass balance choices for renewable raw materials, empowering them to achieve their net-zero objectives.
Regional Analysis
Geographically, the countries covered in the recovered carbon black (RCB) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in the recovered carbon black (RCB) market during the forecast period 2022 - 2029
In 2022, Asia-Pacific dominated the recovered carbon black (RCB) market as China, being a key player in the Asia-Pacific region, is at the forefront of this growth due to its efficient production of tires and rubber products using primary carbon black. As the automotive and tire manufacturing industries thrive in China, the demand for high-quality primary carbon black surges. Its widespread use in rubber compounds and tire manufacturing processes further solidifies China's leading position in the region's carbon black market, driving overall market expansion.
North America is expected to witness significant growth during the forecast period of 2022 to 2029
In 2022, North America is expected to witness significant growth as primary carbon black is extensively utilized as a pigment in various paints and coatings to achieve desired color and performance characteristics. Its excellent UV stability, color strength, and weather resistance make it an ideal choice for architectural, automotive, industrial, and other coating applications. As construction and industrial activities rise, the demand for high-quality paint and coatings increases, propelling the need for primary carbon black, thus driving the region's market growth in this segment.
For more detailed information about the recovered carbon black (RCB) market report, click here – https://www.databridgemarketresearch.com/es/reports/global-recovered-carbon-black-rcb-market
