Recovered Carbon Black Market Trends and Forecast
The future of the global recovered carbon black market looks promising with opportunities in the transportation, industrial, building & construction, and packaging industries. The global recovered carbon black market is expected to reach an estimated $631.9 billion by 2030 with a CAGR of 19.4% from 2024 to 2030. The major drivers for this market are increasing use of recovered carbon black in the tire industry and growing environmental concern towards low carbon footprints.
Emerging Trends in the Recovered Carbon Black Market
Emerging trend that has a direct impact on the dynamics of the industry includes increasing waste tire management.
A total of 112 figures / charts and 93 tables are provided in this 187-page report to help in your business decisions. Sample figures with insights are shown below.
Recovered Carbon Black Market by Segment
The study includes trends and forecast for the global recovered carbon black market by application, end use industry, grade, and region as follows:
By Application [Volume (Kilotons) and $M shipment analysis for 2018 – 2030]:
- Tire
- Non-Tire Rubber
- Others
By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2018 – 2030]:
- Transportation
- Industrial
- Building and Construction
- Printing and Packaging
- Others
By Grade [Volume (Kilotons) and $M shipment analysis for 2018 – 2030]:
By Region [Volume (Kilotons) and $M shipment analysis for 2018 – 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Recovered Carbon Black Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies recovered carbon black companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the recovered carbon black companies profiled in this report includes.
- Pyrolyx
- Scandinavian Enviro Services
- Black Bear Carbon
- Delta-Energy
- Integrated Resource Recovery
- Klean Carbon
Recovered Carbon Black Market Insight
- Lucintel forecasts that tires will remain the largest application over the forecast period supported by the increasing adoption of recovered carbon black by major tire companies for environment sustainability and for lowering manufacturing cost.
- Transportation will remain the largest end use industry during the forecast period supported by increasing demand for tire and mechanical rubber goods.
- Asia Pacific will remain the largest region by value and volume and it is also expected to witnesses the highest growth over the forecast period due to higher vehicle production and strong domestic & export demand for tires.
Features of Recovered Carbon Black Market
- Market Size Estimates: Recovered carbon black market size estimation in terms of value ($M) and volume (kilotons)
- Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis: Market size by various segments, such as application, end use industry, and grade in terms of value ($M) and volume (kilotons)
- Regional Analysis: Recovered carbon black market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different application, end use industry, grade, and regions for the recovered carbon black market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the recovered carbon black market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for recovered carbon black market?
Answer:The recovered carbon black market is expected to grow at a CAGR of expected to reach an estimated $631.9 billion by 2030.
Q2. What are the major drivers influencing the growth of the recovered carbon black market?
Answer: The major drivers for this market are increasing use of recovered carbon black in the tire industry and growing environmental concern towards low carbon footprints.
Q3. What are the major applications or end use industries for recovered carbon black?
Answer:Transportation will remain the largest end use industry during the forecast period supported by increasing demand for tire and mechanical rubber goods.
Q4. What are the emerging trends in recovered carbon black market?
Answer:An emerging trend that has a direct impact on the dynamics of the industry includes increasing waste tire management.
Q5. Who are the key recovered carbon black companies?
Answer:Some of the key recovered carbon black companies are as follows:
- Pyrolyx
- Scandinavian Enviro Services
- Black Bear Carbon
- Delta-Energy
- Integrated Resource Recovery
- Klean Carbon
Q6.Which recovered carbon black product segment will be the largest in future?
Answer: 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.
Q7: In recovered carbon black market, which region is expected to be the largest in next 5 years?
Answer:Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q8. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for the global 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)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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