Global Recovered Carbon Black (RCB) Market by Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The recovered carbon black (RCB) market was valued at USD 55 million in 2019 and is expected to reach around USD 730 million by 2026, expanding at a CAGR of around 53.87% during the forecast period, between 2020 and 2026. The growth of the market is attributed to surging usage of green alternatives and shifting inclination towards reduced carbon footprint. Additionally, increasing demand for the product in as a pigment in light vehicle is boosting the growth of the market.

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Recovered carbon black (RCB) is a new product which has been recently introduced in the industry for commercial purpose. RCB is a carbon black which is recovered from end-of-life tires (ELTs). It is recovered through a process of pyrolysis. Virgin carbon black emits between 2.5 to 3 tons of carbon dioxide, while RCB does not emit carbon dioxide at all. Thus, RCB has better environmental profile in terms of greenhouse gas emissions as compared to virgin carbon black.

Recovered carbon black has lower emission of nitrogen oxides, sulfur oxides (NOx/SOx), or particulate matter, whereas virgin carbon black has higher emissions. The measures offered by recovered carbon black are cost-effective and affordable. The main advantage of using RCB is improvement in carbon footprint. RCB can be used for various applications such as tire industries, plastics industries, and others.

Market Trends, Drivers, Restraints, and Opportunities:

• Increasing demand of recovered carbon black due to its usage as reinforcing agent for the production of non-tire products including gaskets, belts, hoses, rubber sheets, seals, rubber roofing, and geo-membranes is driving the growth of the market.
• Surging demand for environment friendly products across the globe and characteristic of RCB to not emit carbon footprint propels the growth of the market.
• Rising demand for recycled and recovered products, specifically in automotive OEMs and tire industries for achieving corporate sustainability is one of the primary factors boosting the growth of the market.
• Growing usage of recovered carbon black as a sustainable filler in tire and non-tire rubber products is also one of the factors fueling the growth of the market.
• Shift towards green alternatives and green economy is boosting the growth of the market.
• Boosting research & development activities and ongoing research for usage of RCB in special black is increasing the growth of the market.
• Enhancement of UV protection and conductivity for components in light vehicles is increasing the demand for RCB as pigment. Thus, it is propelling the growth of the global recovered carbon black (RCB) market.

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Competitive Landscape:

Major companies in the global recovered carbon black (RCB) market include Pyrolyx AG, Black Bear Carbon B V, Delta-Energy Group, Scandinavian Enviro Systems AB (Sweden), Klean Industries (Canada), Radhe Group of Energy (India), Alpha Carbone (France), Bolder Industries (US), DRON Industries (Slovakia), DVA Renewable Energy JSC (Vietnam), Enrestec (Taiwan), Integrated Resource Recovery (US), and SR2O Holdings (US).The companies are using strategic acquisitions such as expansions, capital investments, R&D activities, technological advancements, innovative product launches, collaborations, mergers & acquisitions, and strategic partnerships.

The Global Recovered Carbon Black (RCB) Market has been segmented on the basis of

Applications

• Plastics
• Tire
• Non-Tire Rubber
• Coatings
• Inks

Regions

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America

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Table of Contents

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Recovered Carbon Black (RCB) Market Overview
5. Global Recovered Carbon Black (RCB) Market Analysis and Forecast by Type
6. Global Recovered Carbon Black (RCB) Market Analysis and Forecast by Application
7. Global Recovered Carbon Black (RCB) Market Analysis and Forecast by Sales Channel
8. Global Recovered Carbon Black (RCB) Market Analysis and Forecast by Region
9. North Recovered Carbon Black (RCB) Market Analysis and Forecast
10. Latin Recovered Carbon Black (RCB) Market Analysis and Forecast
11. Europe Recovered Carbon Black (RCB) Market Analysis and Forecast
12. Asia Pacific Recovered Carbon Black (RCB) Market Analysis and Forecast
13. Middle East & Africa Recovered Carbon Black (RCB) Market Analysis and Forecast
14. Competition Landscape

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