Asia-Pacific Recovered Carbon Black (rCB) Market, By Type (Primary Carbon Black and Inorganic Ash), Grade (Commodity and Specialty), Application (Tire, Non-Tire Rubber, Plastics, Inks, Coatings and Others), End-User (Transportation, Industrial, Printing & Packaging, Building & Construction and Others), Country (Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2028
Market Analysis and Insights: Asia-Pacific Recovered Carbon Black (rCB) Market
Recovered carbon black (rCB) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 18.1% in the forecast period of 2021 to 2028 and expected to reach USD 95,363.42 thousand by 2028. The increasing demand of the electronic vehicles in the region will increase the demand of the tires in the automotive industry which resulted in the boost of the recovered carbon black (rCB) market.
Recovered carbon black (rCB) is manufactured by the thermal catalytic decomposition process which is called as pyrolysis in which old tire rubber is recycled to produce recovered carbon black (rCB) which is further used for the production of the new tires and rubber products. In the pyrolysis process, different materials also yield such as oil and steel which are further utilized across construction, automotive and industrial applications.
The demand of the rubber products in the market will have the positive impact on the demand of the market as recovered carbon black (rCB) is used in the rubber industries for the production of rubber products acting as the driving factor for the recovered carbon black (rCB) market growth. Virgin carbon black can be used as the substitute of the recovered carbon black (rCB) and the virgin carbon black is directly derived from the natural resource and can be available according to the application which restraints the growth of the recovered carbon black (rCB) market.
The increasing rules for the use of the green products in the region will result in the increasing demand of the green products which is the opportunity for the recovered carbon black (rCB) market. Manufacturers are not able to produce the consistent quality of recovered carbon black (rCB) due to which its demand fall in the application which is the challenge for the growth for the recovered carbon black (rCB) market.
This recovered carbon black (rCB) market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Recovered Carbon Black (rCB) Market Scope and Market Size
The recovered carbon black (rCB) market is segmented on the basis of type, grade, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the recovered carbon black (rCB) market is segmented into primary carbon black and inorganic ash. In 2021, the demand of primary carbon black segment is increasing as it helps to improve mechanical properties of the rubber products which are used in the different applications to make the primary carbon black dominating in the region.
- On the basis of grade, the recovered carbon black (rCB) market is segmented into commodity and specialty. In 2021, commodity segment is dominating as the demand for the reusable plastic packaging is increasing which increases the demand of the commodity grade in the region.
- 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, the demand for the customized tires is increasing which makes the tires segment dominating in the region.
- On the basis of end-user, the recovered carbon black (rCB) market is segmented into transportation, industrial, printing & packaging, building & construction and others. In 2021, people have more purchasing power and also prefer to travel in personal vehicles which make the transportation segment to dominate in the region.
Asia-Pacific Recovered Carbon Black (rCB) Market Country Level Analysis
Recovered carbon black (rCB) market is analysed and market size information is provided by country, type, grade, application and end-user as referenced above.
The countries covered in Asia-Pacific recovered carbon black (rCB) market report are Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific.
In Asia-Pacific recovered carbon black (rCB) market, China is dominating due to high demand of paint and products in the region.
The country section of the Asia-Pacific recovered carbon black (rCB) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growths in the Recovered carbon black (rCB) Industry
Asia-Pacific recovered carbon black (rCB) market also provides you with detailed market analysis for every country growth in installed base of different kind of products for recovered carbon black (rCB) market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the Asia-Pacific recovered carbon black (rCB) market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Recovered carbon black (rCB) Market Share Analysis
Asia-Pacific recovered carbon black (rCB) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific recovered carbon black (rCB) market.
The major players covered in the Asia-Pacific recovered carbon black (rCB) market report are ALPHA RECYCLAGE FRANCHE COMTE, Strebl Green Carbon Pte Ltd., Avient Corporation, Klean Carbon, and Ampacet Corporation among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In September 2019, ALPHA RECYCLAGE FRANCHE COMTE has decided to take part in the Sculpture exhibition in Rouen. The company showed the different tier products which are manufactured from the recycled material. This development has helped the company to increase the customer base and revenue of the company.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the recovered carbon black (rCB) market which also provides the benefit for organisation to improve their offering for recovered carbon black (rCB).
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