Global Recovered Carbon Black (rCB) Market Insights Forecasts to 2033

• The Global Recovered Carbon Black (rCB) Market Size was Valued at USD 119.56 Million  in 2023
• The Market Size is Growing at a CAGR of 32.42% from 2023 to 2033
• The Worldwide Recovered Carbon Black (rCB) Market Size is Expected to Reach USD 1982.8 Million  by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Recovered Carbon Black (rCB) Market Size is Anticipated to Exceed USD 1982.8 Million by 2033, Growing at a CAGR of 32.42% from 2023 to 2033.

Market Overview

Recovered carbon black (rCB) is a sustainable substitute for virgin carbon black that is produced by pyrolysis from used rubber products like tires. It continues to have characteristics that are similar to those of virgin carbon black, making it an economical and sustainable material for use in tires, vehicle parts, and other rubber and plastic products. In both tire and non-tire rubber products, recovered carbon black is frequently used as an eco-friendly and sustainable reinforcing filler. Recovered carbon black (rCB) improves the coatings' aesthetic appeal and protective properties by acting as a stand-in for traditional carbon black. Therefore, there is a direct correlation between the expansion of the recovered carbon black market and the growing need for sustainable and eco-friendly reinforcing filler in rubber applications including tires. The tire industry has seen enormous development in the market. This is mostly because there is a growing market for environmentally friendly products and a need to lower carbon emissions. As more businesses integrate sustainable practices and customers grow more environmentally conscious, the market is predicted to expand. The market is anticipated to rise as a result of the growing usage of sustainable products in a variety of applications, including non-tire rubber, coatings, inks, and plastics.

Report Coverage

This research report categorizes the global recovered carbon black (rCB) market based on various segments and regions forecasts revenue Growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global recovered carbon black (rCB) market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global recovered carbon black (rCB) market.

Driving Factors  

The Global market for recovered carbon black is primarily driven by the increasing demand for products made from recycled materials. The advantages of utilizing recycled products and the significance of recycling are growing increasingly clear to consumers. As customers are increasingly aware of their impact on the environment, recovered carbon black is projected to be used in more industries, such as construction, rubber, and plastics. The tire industry is the biggest user of carbon black, and the rCB market is expanding as a result of the rising demand for tires. Because of its affordability, advantages in the area of performance, and benefits to the environment, rCB is being used more and more in the tire production process.

Restraining Factors

It involves a lot of money to build up effective recycling plants because they need specialized machinery, advanced technology, and operational structure. Potential investors are frequently turned off by this financial barrier, which also prevents the increase of rCB production capacity. Due to this, the market's expansion can be restricted and will limit the supply of recovered carbon black and make it more difficult for different businesses to utilize it.

Market Segmentation

The global recovered carbon black (rCB) market share is classified into applications.

• The non-tire rubber segment dominates the market with the largest market share through the forecast period.

Based on the application, the global recovered carbon black (rCB) market is categorized into tire, non-tire rubber, plastics, coatings, and inks. Among these, the non-tire rubber segment dominates the market with the largest market share through the forecast period. Many rubber products other than tires are made with recovered carbon black as a strengthening ingredient. Rubber sheets, rubber roofs, geomembranes, conveyor belts, hoses, gaskets, and seals are some of these products. Additionally, it adds abrasion resistance to rubber used in shoes. Because it has a low ash percentage, recovered carbon black strengthens mechanical rubber products. Environmentally friendly products are becoming more and more in demand, and this is reflected in the expansion of this application.

Regional Segment Analysis of the Global Recovered Carbon Black (rCB) Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global recovered carbon black (rCB) market over the predicted timeframe.

North America is anticipated to hold the largest share of the global recovered carbon black (rCB) market over the predicted timeframe. Due to the increase in recovered carbon black production and consumption in regions including the US, Canada, and Mexico, the region has become the world's largest recovered carbon black consumer. The market for recovered carbon black is anticipated to be driven during the forecast period by issues resulting from the disposal of used tires and the growing demand for ecologically friendly products from the tire, rubber, and automotive sectors in these regions. 

Asia Pacific is expected to grow at the fastest CAGR growth of the global recovered carbon black (rCB) market during the forecast period. Tire application products, which comprise tires for passenger cars and commercial vehicles, are the market leader in Asia-Pacific. Significant industrial growth is anticipated as a result of the monetary framework that encourages private investments in the manufacturing sector with advantageous government policies, which will drive the growth of the industry.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global recovered carbon black (rCB) market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Delta Energy LLC
• Black Bear Carbon B.V.
• Scandinavian Enviro Systems AB
• Pyrolyx AG
• Klean Industries Inc.
• Radhe Group of Energy
• Alpha Carbone
• Bolder Industries Corporate
• Wild Bear Carbon B.V.
• Enrestec
• SR2O Holdings, LLC
• Contec
• Hosokawa Micron B.V.
• Coordinated Resource Recovery, Inc.
• Others 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In Feb 2023, Klean Industries Inc. and Niersberger Group are growing their strategic alliance. As part of the cooperation, tire pyrolysis projects are carried out to recover sustainable fuels and carbon black.

• In November 2022, Bolder Industries announced a major agreement during the purchase to launch its first EU facility at the port of Antwerp. This could lead to an increase in the amount of recoverable black carbon. Given the increased supply of recovered black carbon, prices for black carbon might drop.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global recovered carbon black (rCB) market based on the below-mentioned segments: 

Global Recovered Carbon Black (rCB) Market, By Application

• Tire
• Non-tire rubber
• Plastics
• Coatings
• Inks

Global Recovered Carbon Black (rCB) Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa