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 global recovered carbon black market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach with a CAGR of 12% to 14% from 2020 to 2025. 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"
To download report brochure, please go to https://www.lucintel.com/recovered-carbon-black-market.aspx.and click "report brochure"tab from the menu .
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.
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.
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 2020-2025: 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 2014 – 2025]:
Tire
Non-Tire Rubber
Others
By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
Transportation
Industrial
Building and Construction
Printing and Packaging
Others
By Grade [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
By Region [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
North America
Europe
Asia Pacific
The Rest of the World
This 187-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/recovered-carbon-black-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.