The global recovered carbon black market is expected to grow at a CAGR of 16% from 2019 to 2024.
According to a new market report published by Lucintel, the future of the global recovered carbon black market looks promising with opportunities in the transportation, industrial, building & construction, and packaging industries.
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.
Browse 93 market data tables and 112 figures spread through 187 pages and in-depth TOC on “Global Recovered Carbon Black Market"
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In this market, different types of recovered carbon black such as tire, non-tire rubber, and others are used as application.
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.
Within the global recovered carbon black market, transportation will remain the largest end use industry during the forecast period supported by increasing demand for tire and mechanical rubber goods.
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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 & exports demand for tires.
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An emerging trend that has a direct impact on the dynamics of the recovered carbon black industry includes increasing waste tire management. Pyrolyx, Scandinavian Enviro Services, Black Bear Carbon, Delta-Energy, Integrated Resource Recovery, and Klean Carbon and others are among the major recovered carbon black manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global recovered carbon black market by application, end use, grade, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Recovered Carbon Black Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global recovered carbon black market by application, end use, grade, and region as follows:
By Application [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
- Non-Tire Rubber
By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
- Building and Construction
- Printing and Packaging
By Grade [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
By Region [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
- North America
- Asia Pacific
- The Rest of the World
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This 187-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, click on this link www.lucintel.com/recover…arket.aspx
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