#Global Recovered Carbon Black Market

[janetushar1]

Recovered Carbon Black Market to Hit $2373.6 Million by 2032

The global Recovered Carbon Black Market was valued at USD 105.1 Million in 2024 and it is estimated to garner USD 2373.6 Million by 2032 with a registered CAGR of 56.1% during the forecast period 2024 to 2032.

The report throws light on the competitive scenario of the global Recovered Carbon Black Market to know the competition at global levels. Market experts also provided the outline of each leading player of the global Recovered Carbon Black Market for the market, considering the key aspects such as the areas of operation, production, and product portfolio. In addition, the companies in the report are studied based on vital factors such as company size, market share, market growth, revenue, production volume, and profit.

The global Recovered Carbon Black Market is fragmented with various key players. Some of the key players identified across the value chain of the global Recovered Carbon Black Market include Black Bear Carbon B.V., Bolder Industries, ENRESTEC, Klean Carbon, Radhe Group Of Energy, Scandinavian Enviro Systems AB, SR2O Holdings, LLC Delta Energy LLC etc. Considering the increasing demand from global markets various new entries are expected in the Recovered Carbon Black Market at regional as well as global levels.

Download Recovered Carbon Black Market Sample Report PDF: https://www.vantagemarketresearch.com/recovered-carbon-black-market-2155/request-sample

Top Competitors:

Black Bear Carbon B.V., Bolder Industries, ENRESTEC, Klean Carbon, Radhe Group Of Energy, Scandinavian Enviro Systems AB, SR2O Holdings, LLC Delta Energy LLC

Understanding the Industry's Growth, has released an Updated report on the Recovered Carbon Black Market. The report is mixed with crucial market insights that will support the clients to make the right business decisions. This research will help new players in the global Recovered Carbon Black Market to sort out and study market needs, market size, and competition. The report provides information on the supply and market situation, the competitive situation and the challenges to the market growth, the market opportunities, and the threats faced by the major players.

Regional Analysis

-North America [United States, Canada, Mexico]

-South America [Brazil, Argentina, Columbia, Chile, Peru]

-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

-Middle East & Africa [GCC, North Africa, South Africa]

-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

You Can Buy This Report From Here: https://www.vantagemarketresearch.com/buy-now/recovered-carbon-black-market-2155/0

Full Analysis Of The Recovered Carbon Black Market:

Key findings and recommendations point to vital progressive industry trends in the global Recovered Carbon Black Market, empowering players to improve effective long-term policies.

The report makes a full analysis of the factors driving the development of the market.

Analyzing the market opportunities for stakeholders by categorizing the high-growth divisions of the market.

Questions answered in the report

-Who are the top five players in the global Recovered Carbon Black Market?

-How will the global Recovered Carbon Black Market change in the next five years?

-Which product and application will take the lion's share of the global Recovered Carbon Black Market?

-What are the drivers and restraints of the global Recovered Carbon Black Market?

-Which regional market will show the highest growth?

-What will be the CAGR and size of the global Recovered Carbon Black Market during the forecast period?

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/recovered-carbon-black-market-2155

Reasons to Purchase this Recovered Carbon Black Market Report:

-Analysis of the market outlook on current trends and SWOT analysis.

-The geographic and country level is designed to integrate the supply and demand organizations that drive industry growth.

-Recovered Carbon Black Industry dynamics along with market growth opportunities in the coming years.

-Recovered Carbon Black Market value (million USD) and volume (million units) data for each segment and sub-segment.

1 year consulting for analysts along with development data support in Excel. Competitive landscape including market share of major players along with various projects and strategies adopted by players in the last five years.

Market segmentation analysis including qualitative and quantitative analysis including the impact on financial and non-economic aspects.

Complete company profiles that include performance presentations, key financial overviews, current developments, SWOT analyzes and strategies used by major Recovered Carbon Black Market players.

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[chemicalmarketwatch-sp]

Black Mass Recycling Market to Hit $51.7 Billion by 2032 at 17.3% CAGR

In today’s world, sustainable practices are no longer optional; they are a requirement. This truth is being felt in industries across the board, from automotive and consumer electronics to power and marine sectors. Enter black mass recycling—a game-changing solution that is steadily making its way to the forefront of responsible manufacturing.

So, what exactly is black mass? It's the dark, granular material that remains after lithium-ion batteries are dismantled and shredded. Far from being waste, black mass is rich in valuable metals like lithium, cobalt, nickel, and manganese, which are crucial for the production of new batteries. As industries ramp up their use of renewable energy storage and electric power solutions, the importance of reclaiming these materials has become clearer than ever.

Market Growth

Black Mass Recycling Market is projected to grow from USD 14.41 billion in 2024 to USD 51.70 billion by 2032, at a CAGR of 17.3% during the forecast period.

Why Black Mass Recycling Matters

1. For the Automotive Industry: With the surge in electric vehicle (EV) production, automakers are under immense pressure to secure a steady stream of raw materials for their batteries. Mining for these materials is resource-heavy and comes with environmental repercussions. Black mass recycling can ease this burden by enabling car manufacturers to tap into a recycled supply of metals. This not only bolsters their sustainability goals but also helps manage costs in an increasingly competitive market.

2. Consumer Electronics: Think about the sheer number of smartphones, laptops, and gadgets that become obsolete each year. E-waste is one of the fastest-growing environmental challenges we face today. The consumer electronics industry can tackle this issue head-on by adopting black mass recycling as a standard practice. It allows manufacturers to recover valuable metals from used devices, reducing their carbon footprint while meeting consumer demand for eco-friendly products. Companies that incorporate sustainable practices often gain a significant edge in market reputation, enhancing customer loyalty in the long term.

3. The Power Sector: As renewable energy becomes mainstream, efficient energy storage solutions are essential. The power industry depends on batteries to store and distribute solar and wind energy. Black mass recycling ensures a reliable supply of battery-grade materials, minimizing reliance on newly mined resources. This helps the industry maintain its commitment to sustainability while supporting global energy transitions that depend on large-scale storage.

4. Marine Industry: The marine sector is also turning a corner toward sustainability, with electric and hybrid propulsion systems gaining popularity. Compliance with international emissions regulations and a commitment to greener operations make black mass recycling an appealing option. By securing a source of recycled metals for their battery systems, marine companies can cut costs and lower their environmental impact, making their fleets more sustainable.

The Black Mass Recycling Process

How does black mass recycling actually work? The process starts with collecting and dismantling batteries to remove casings and other non-recyclable components. Next, the batteries are shredded into a fine mixture that forms black mass. This is followed by chemical processes designed to separate and extract the valuable metals. Finally, the extracted metals are refined to meet the specifications required for battery production.

While the concept sounds straightforward, it’s a complex process that requires significant technological investment. The good news is that advancements in recycling technology are improving efficiency, making it possible to achieve higher yields and better purity of extracted metals.

Growth Potential and Challenges

The black mass recycling market is on an upward trajectory. With policies like the EU's Battery Directive mandating recycling and the responsible disposal of batteries, there is a clear push for manufacturers to adopt circular economy practices. Governments and environmental bodies around the world are encouraging recycling, positioning black mass as a vital component of sustainable manufacturing.

However, like any new market, black mass recycling faces its share of challenges. The process involves handling hazardous waste and requires robust safety measures to protect workers and the environment. Additionally, the market is sensitive to fluctuations in the prices of recovered metals, which can affect the profitability of recycling initiatives.

The Future of Black Mass Recycling

For industries like automotive, consumer electronics, power, and marine, black mass recycling is more than just an eco-friendly initiative—it’s a strategic move. Companies that make sustainability a priority can not only cut costs but also differentiate themselves in their markets. As recycling technology continues to evolve and awareness of sustainability grows, black mass recycling will only become more integral to the global supply chain.

To Know more Download PDF Brochure : 

In a world where resource scarcity and environmental responsibility are top concerns, black mass recycling offers a smart, forward-thinking solution. It provides industries with a way to meet their sustainability goals while staying competitive and resilient in an ever-changing economic landscape.

[downincmi]

Recovered Carbon Black Market Analysis: Sustainable Solutions

Introduction Recovered carbon black (RCB) is a recycled material produced from end-of-life tires. When tires reach the end of their usable life, they enter the waste stream where the rubber can be recovered and processed. In the RCB production process, used tires are ground up into fine crumbs and then put through a high temperature process where the rubber breaks down. This separates the steel and fiber from the rubber, leaving behind recycled carbon black particles. The RCB looks and performs nearly identical to virgin carbon black used in new tire and rubber manufacturing. The RCB Production Process The first step involves collecting and transporting waste tires from collection sites. Used tires must be cleaned and sorted to remove dirt, metal, and fiber. The cleaned tire crumb is then fed into a rotary kiln, which is a long, rotating, slowly inclining furnace. Inside the kiln, the crumb reaches temperatures of 1100-1400°C where the rubber is pyrolyzed, or thermally decomposed in the absence of oxygen. As the rubber breaks down, the carbon blacks are freed from the polymer structure and rise to the top of the kiln as fine black powder. Additional processing may be required to achieve the desired particle size and qualities. The RCB can then be used like virgin carbon black in new rubber formulations. Benefits of Using RCB One of the biggest advantages of RCB is that it provides a sustainable solution for an increasingly large waste stream. Over 1 billion scrap tires are generated each year worldwide. Using RCB keeps these tires out of landfills and incinerators. It represents a closed loop recycling process that extracts maximum value from a discarded product. RCB requires less energy to produce than virgin carbon black and has a substantially lower environmental impact than mining processes. Producing RCB also reduces dependency on imported carbon black and conserves natural resources. From an economic perspective, RCB offers rubber product manufacturers an affordable alternative to virgin carbon black. Its performance characteristics allow it to directly replace a percentage of more expensive virgin material in new tire and rubber formulations. The Future Outlook for RCB With global tire demand expected to grow significantly in coming decades, the market potential for RCB is huge. Recycling technology advancements aim to further optimize the RCB production process with reduced energy consumption. Additives may allow achieving even finer particle sizes comparable to special grades of virgin carbon black. This expanded compatibility would open new formulation options for manufacturers. Strong momentum continues to build around sustainability goals within the tire and automotive sectors. Corporations and governments alike are implementing policies to increase recycled content mandates. As more end-of-life tires are diverted from landfills into RCB markets, infrastructure will adapt to strengthen supply chain logistics. With RCB demonstrating clear technical and economic advantages, its use in tire manufacturing looks poised for considerable growth worldwide. Recovered carbon black establishes a model for innovative closed-loop recycling that creates value from waste. In conclusion, recovered carbon black presents a highly sustainable solution for using end-of-life tires as a resource in tire manufacturing. The RCB production process recycles rubber back into a material with equivalent performance qualities as virgin carbon black. It keeps valuable rubber out of landfills while reducing demand on finite natural resources. Both tire companies and product consumers benefit from the technical, economic, and environmental advantages of incorporating RCB. With continued improvements optimizing its potential, recovered carbon black seems positioned to play a major long-term role in the global tire industry.

[tmr-blogs2]

Global Recovered Carbon Black Market to Reach US$ 2.7 Bn by 2031

Rise in usage of specialty semi-reinforcing and reinforcing recovered carbon black in several applications such as paints & coatings, rubber manufacturing, inks, and automotive industries is expected to augment the market value. Increase in trend of utilization of recycled resources in these industries is likely to propel the recovered carbon black market growth. The global market stood at US$ 210.8 Mn in 2022, and is projected to reach US$ 2.7 Bn by 2031 at a CAGR of 32.6% from 2023 to 2031. Governments in several countries are promoting environmental sustainability by reducing the proportion of petrochemicals in the manufacture of paints, coatings, industrial rubber, and automotive parts. Strict implementation of emission standards for hazardous air pollutants from carbon black production in countries, such as in the U.S. and India, is anticipated to offer lucrative business opportunities to companies in the recovered carbon black market. Request for a Sample PDF Report with Latest Industry Insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=63816  Market Segmentation: By Service Type: Pyrolysis Mechanical Process By Sourcing Type: Tire-Derived Carbon Black Rubber-Derived Carbon Black By Application: Tire Manufacturing Non-Tire Rubber Products Plastics Coatings Inks Others By Industry Vertical: Automotive Construction Industrial Packaging Others By Region: North America Europe Asia Pacific Latin America Middle East & Africa Regional Analysis: North America: Leading the market due to stringent environmental regulations and increasing adoption of sustainable practices across industries.

Europe: Witnessing significant growth with supportive government initiatives promoting circular economy principles and sustainable manufacturing.

Asia Pacific: Emerging as a lucrative market driven by rapid industrialization, urbanization, and growing automotive production. Market Drivers and Challenges: Drivers: Stringent environmental regulations promoting recycling and waste reduction.

Cost advantages offered by recovered carbon black compared to virgin carbon black.

Growing consumer awareness and preference for sustainable products.

Expansion of end-of-life tire recycling infrastructure globally. Challenges: Limited awareness and technical expertise among end-users.

Variability in quality and performance of recovered carbon black.

Competition from alternative fillers and additives in rubber compounding.

Supply chain disruptions and logistical challenges associated with sourcing raw materials. Market Trends: Increasing investments in research and development to improve the quality and consistency of recovered carbon black.

Adoption of advanced pyrolysis technologies for efficient and sustainable tire recycling.

Development of customized rCB formulations to meet specific end-user requirements.

Collaboration among stakeholders across the value chain to promote sustainable practices and standards. Future Outlook: The future of the recovered carbon black market looks promising, with sustained growth expected driven by ongoing efforts to reduce carbon emissions and promote resource efficiency. As industries strive to meet sustainability targets and minimize environmental impact, the demand for recovered carbon black is anticipated to surge across various applications and regions. Moreover, technological advancements and innovations in recycling processes will further bolster market expansion. Key Market Study Points: Analysis of market dynamics and growth drivers.

Evaluation of market segmentation and regional trends.

Assessment of regulatory landscape and industry challenges.

Identification of emerging opportunities and future market prospects.

Examination of competitive landscape and recent developments. Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=63816<ype=S  Competitive Landscape: Key players in the recovered carbon black market include: Pyrolyx AG Scandinavian Enviro Systems AB Black Bear Carbon BV Delta-Energy Group, LLC Klean Industries Inc. ECO Green Equipment SR2O Holdings, LLC Alpha Carbone, Inc. Wastefront AS Carbon Clean Solutions Limited Recent Developments: Expansion of production capacities and facilities for recovered carbon black.

Strategic partnerships and collaborations to enhance technology and market reach.

Launch of new products and formulations tailored to specific industry needs.

Investments in sustainable manufacturing processes and tire recycling infrastructure. About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll-Free: 866-552-3453 Website: https://www.transparencymarketresearch.com 

[chemicalsectorupdates]

Innovations in the Recovered Carbon Black Industry: Technological Advancements

Recovered Carbon Black: Introducing a Sustainable Approach for the Rubber Industry What is Recovered Carbon Black? RCB (RCB) is a material produced from end-of-life tires through a process called pyrolysis. In the pyrolysis process, old tires are heated to high temperatures in the absence of oxygen to melt away any impurities and separate the carbon from other materials like steel and fiber. The carbon is then recovered, crushed and processed to produce RCB. RCB has the same chemical and physical properties as virgin carbon black and can completely replace it in new tire production and other rubber products. Growing Demand for Sustainable Rubber Products With growing environmental awareness, there is a increasing demand from automakers, tire manufacturers and other industrial rubber product makers to source more sustainable raw materials. Carbon black is a key ingredient in rubber compounds that provides strength and durability. Conventionally carbon black is produced through a petroleum-based process that relies on non-renewable fossil fuels. However, major players in the rubber industry are now looking at using RCB to reduce their dependence on virgin carbon black and lower carbon footprint. It helps them market their products as more eco-friendly. Advantages of Using RCB RCB has several advantages over conventional carbon black: - Renewable Source: Since it is produced from end-of-life tires, RCB qualifies as a renewable raw material source unlike petroleum-based virgin carbon black. - Energy Efficient: The pyrolysis process used to produce RCB consumes 60-70% less energy compared to production of virgin carbon black. - Reduce Waste: It provides an eco-friendly way of dealing with millions of scrap tires annually and prevents them from ending up in landfills or illegally dumped. - Cost Savings: With fluctuating oil prices, RCB offers a stable and often less expensive option than virgin carbon black for rubber products makers. - Equivalent Performance: Several studies have shown that when used in appropriate rubber compound formulations and levels, RCB can deliver equivalent mechanical properties and performance as virgin carbon black. Growing Demand is Driving Investments Seeing the growing market potential, many RCB producers are undertaking capacity expansions. Global RCB production capacity is estimated to grow at a CAGR of over 7% during 2020-2025. Leading tire and carbon black companies are investing in R&D to further improve the quality and consistency of RCB. Automakers are also actively collaborating with tire makers to increase usage of RCB in new tire designs. For example, Michelin has set an ambitious target of achieving 25% RCB content across its passenger car and light truck tires by 2030. Such initiatives by major brands are spurring greater adoption of RCB across the rubber industry supply chain.

In Summary, in addition to environmental benefits, recovered carbon black also presents economic advantages for industries seeking sustainable solutions. By integrating RCB into their production processes, companies can achieve cost savings, enhance operational efficiency, and meet sustainability goals, thereby driving market competitiveness.

[chemicalresearchupdates]

Recovered Carbon Black Market Size and Share Analysis

Recovered carbon black: A Sustainable Solution for the Rubber Industry Overview of Recovered carbon black

Recovered carbon black, also known as reprocessed or recycled carbon black, is obtained by pyrolysis or burning of used tires or other rubber products. This process helps recover carbon black particles that can then be utilized like regular carbon black in various products like tires, hoses, belts, footwear and other rubber goods. Recovery Process

The recovery process starts with collecting and sorting used tires and other rubber waste. This material is then cleaned, sized and fed into a rotary kiln, where it is heated to high temperatures in an oxygen-starved environment. This thermal decomposition breaks down the long polymer chains in rubber into shorter molecules like carbon black, oils, steel and gases. The carbon black is then separated, purified and prepared in various grades for marketing. Benefits of Using Recycled Carbon Black

Opting for Recovered carbon black provides several environmental and economic advantages over producing carbon black through conventional means: - Waste Reduction: It helps tackle the massive stockpiles of used and waste tires generated each year by finding a viable recycling option. This prevents the tires from ending up in landfills. - Resource Conservation: The recovery process conserves valuable fossil resources like oil that would otherwise be used for producing virgin carbon black. It supports the principles of a circular economy. - Carbon Emissions Cuts: As Recovered carbon black production involves burning of waste rubber instead of fossil fuels, it results in significantly lower carbon emissions compared to conventional processes. - Cost Effectiveness: With proper sorting and processing, Recovered carbon black can be offered at competitive rates versus standard carbon black. This makes it financially attractive for various rubber product manufacturers. Properties and Performance

Recovered carbon black maintains performance properties comparable to commonly used furnace and thermal types of carbon black. Various tests and case studies have shown that rubber articles vulcanized with recycled carbon black exhibit adequate strength, resistance and durability properties for their intended applications. Grades and Applications

Like standard carbon black, Recovered carbon black is also available in different graded targeted for specific rubber formulations and products: - Tire Grade Carbon Black: Used predominantly in tire tread compounds for its ability to enhance wear resistance and impart strength. - Technical Grade Carbon Black: Ideal for hoses, belts, seals due to balanced reinforcement and thermal properties. - Conductive Carbon Black: Facilitates discharge of static electricity in conveyor belts and other industrial rubber goods. Quality Standards and Certifications

To ensure consistent quality, major Recovered carbon black producers adhere to internationally recognized standards like ASTM D5603, D6630 and EN ISO 15817. Several facilities also hold certifications from accredited bodies under ISO 9001, ISO 14001 and RCAP programs recognizing their environment and safety performance. Current Market Dynamics

Globally, over 1.5 million tons of Recovered carbon black was produced in 2020, accounting for almost 4% of total carbon black output. Tire manufacturing remains the dominant end-use at present, but other non-tire rubber articles are increasingly adopting recycled alternative. As sustainability initiatives gain prominence, the demand and share for recovered carbon is estimated to rise much further in the rubber industry.

[pearlsmith25]

Recovered Carbon Black Market: Driving Circular Economy Initiatives

Market Overview:

Recovered carbon black (rCB) is a form of recycled carbon black produced from waste tyres and other rubber products. It is used in the production of various rubber goods and applications such as tires, mechanical rubber goods, and others.

Market Dynamics:

Two major drivers aiding the growth of recovered carbon black market are rising concerns over environmental pollution and stringent regulations regarding carbon emissions. Growing automotive industry worldwide has substantially increased the volume of discarded tires, which serves as a key source for recovered carbon black production. Various countries have implemented regulations banning the use of certain types of carbon black and enforcing the use of recovered carbon black to reduce carbon footprint. Also, recovered carbon black offers comparable quality and performance to that of virgin carbon black at a lower cost. This is encouraging manufacturers to increase reliance on rCB over conventional carbon black.

Major Driver: Increasing demand for carbon black from the tire industry

The tire industry accounts for around 70% of the total recovered carbon black demand globally. With rapid growth in the automotive industry, especially in emerging economies such as China and India, the demand for tires has increased significantly over the past few years. Recovered carbon black finds wide application in tire manufacturing due to its comparable physical and chemical properties to virgin carbon black. It can replace up to 30% of virgin carbon black content in tires. The demand for recovered carbon black from tire manufacturers is expected to continue rising with growing vehicles production and sales around the world.

Major Driver: Stringent environmental regulations regarding carbon emissions

Burning of used tires and other rubber products results in the release of various air pollutants and greenhouse gases into the environment. Many governments and regulatory bodies across major economies have imposed strict regulations targeting reduction of carbon footprint from such uncontrolled burning. Recovered carbon black production involves recycling of carbon content from old tires and rubber goods in an environmentally-controlled process, thereby minimizing air pollution. The end-product, recovered carbon black, also has a lower carbon footprint than virgin carbon black. Such companies are now under legal obligation to use recovered carbon black in their operations where possible. This is a major factor driving its higher demand.

Major Restraint: High costs associated with recovered carbon black production

While recovered carbon black yields environmental benefits, its production process entails higher costs compared to virgin carbon black. The expenses involved in collection, sorting, preprocessing and refining of used tires add to its overall manufacturing costs. Also, the capital expenditure required for setting up recovered carbon black plants is significant. These financial challenges pose a restrain to widespread adoption of this material. Many buyers prefer cheaper virgin carbon black if not mandated otherwise by regulations. Cost optimization through economies of scale and technological advancements is critical to overcoming this restraint.

Major Opportunity: Increasing requirement in non-tire rubber goods

Though the tire industry dominates its consumption currently, recovered carbon black holds promising growth opportunities in other rubber product domains as well. Rubber materials find diverse applications across industries like automobile interior & exterior parts, wires & cables, hoses & belts, footwear, flooring, seals & gaskets, and more. With growing preference for green and recycled materials, demand for recovered carbon black is rising from these non-tire sectors. Its novel properties provide functional benefits in products. If large buyers from these industries incorporate recovered carbon black in their materials, itsaddressable market scope will increase multifold in the coming years.

Major Trend: Advancements in carbon black recovery technologies

Continuous innovations are taking place to develop improved and cost-effective methods for recycling carbon content from end-of-life rubber products. New pretreatment and separation techniques enhance recovered carbon black yield and quality. Novel thermal cracking and refining mechanisms optimize energy usage. Adoption of Industry 4.0 technologies like IoT, AI, big data for predictive maintenance and process optimization helps recovered carbon black plants achieve higher efficiencies. Some pioneering companies even utilize carbon dioxide from flue gases to synthesize carbon black, creating a carbon negative footprint. As newer, greener technologies become commercially viable, production costs will reduce, driving the recovered carbon black industry to its next phase of growth.

[aishavass]

Shifting inclination toward adoption of green alternatives along with reducing carbon footprint will proliferate the recovered global carbon black...

[writerblogs]

Recovered Carbon Black Market Is Estimated To Witness High Growth Owing To Growing Demand for Sustainable Solutions and Increasing Adoption of Circular Economy Practices

A) Market Overview:

The global Recovered Carbon Black (rCB) Market is estimated to be valued at US$55 million in 2018 and is expected to reach a market value of US$BN/MN by 2022, exhibiting a CAGR of 55.0% over the forecast period (2018-2023), as highlighted in a new report published by Coherent Market Insights. rCB is a raw material derived from end-of-life tires and rubber products through a process called pyrolysis. It offers numerous benefits such as reduced carbon emissions, lower energy consumption, and reduced waste generation. Key applications of rCB include tire manufacturing, rubber products, non-tire rubber applications, plastics, and coatings.

B) Market Dynamics:

1. Increasing Demand for Sustainable Solutions:

The growing focus on environmental sustainability and the need to reduce carbon footprint are driving the demand for rCB. The carbon black manufacturing process is highly energy-intensive and contributes significantly to CO2 emissions. rCB, on the other hand, offers a sustainable alternative by utilizing waste tires and rubber products as feedstock. Additionally, the use of rCB helps in reducing the consumption of virgin carbon black, conserving natural resources.

2. Increasing Adoption of Circular Economy Practices:

The circular economy approach promotes resource efficiency, waste reduction, and recycling. The use of rCB aligns with the principles of the circular economy as it enables the valorization of waste tires and rubber products. Governments worldwide are implementing regulations and incentives to promote circular economy practices, which is further propelling the demand for rCB.

C) Market Key Trends:

The market key trend in the Recovered Carbon Black Market is the growing adoption of rCB in tire manufacturing. Tire manufacturers are increasingly using rCB as an alternative to traditional carbon black due to its sustainability advantages. For example, Michelin, a leading tire manufacturer, has collaborated with various rCB producers to incorporate rCB into their tire manufacturing process. This trend is driven by the need for eco-friendly tires in response to consumer demand for sustainable products.

D) SWOT Analysis:

- Strengths:

1. Environmental Sustainability: rCB offers a sustainable alternative to traditional carbon black, reducing carbon emissions and waste generation.

2. Cost-effectiveness: rCB is cost-competitive compared to virgin carbon black, offering potential cost savings for manufacturers.

- Weaknesses:

1. Lack of Standardization: The quality and properties of rCB can vary depending on the pyrolysis process used, leading to inconsistencies in performance.

2. Limited Awareness: Many industries are still unaware of the benefits of rCB and its potential applications, limiting its market adoption.

- Opportunities:

1. Adoption in Various Industries: The potential applications of rCB extend beyond tire manufacturing, including rubber products, plastics, coatings, and more.

2. Government Support: Favorable regulations and incentives promoting the use of sustainable materials are expected to drive the demand for rCB.

- Threats:

1. Competition from Virgin Carbon Black: The established presence and wide availability of virgin carbon black pose challenges for rCB market growth.

2. Quality Control: Ensuring consistent quality and performance of rCB across different suppliers and manufacturing processes can be a challenge.

E) Key Takeaways:

- The global rCB market is expected to witness high growth, exhibiting a CAGR of 55.0% over the forecast period, due to increasing demand for sustainable solutions and the adoption of circular economy practices.

- Regionally, North America is anticipated to be the fastest-growing and dominating region in the rCB market, driven by stringent environmental regulations and the presence of key market players.

- Key players operating in the global rCB market include DVA Renewable Energy JSC, Klean Industries, Delta-Energy Group, Pyrolyx, Black Bear Carbon, Scandinavian Enviro Systems AB, Bolder Industries, Radhe Group of Energy, Alpha Carbone, Integrated Resource Recovery, DRON Industries, Enrestec, and SR2O Holdings. These players are focused on strategic collaborations, technological advancements, and expanding their product portfolios to gain a competitive edge in the market.

[oliviajames1122]

Electric cars

"The rate at which we're growing the industry is absolutely scary," says Paul Anderson from the University of Birmingham.

He's talking about the market for electric cars in Europe.

By 2030, the EU hopes that there will be 30 million electric cars on European roads.

"It's something that's never really been done before at that rate of growth for a completely new product," says Dr Anderson, who is also the co-director of the Birmingham Centre for Strategic Elements and Critical Materials.

While electric vehicles (EVs) may not emit any carbon dioxide during their working lives, he's concerned about what happens when they run out of road - in particular what happens to the batteries many business listings.

"In 10 to 15 years when there are large numbers coming to the end of their life, it's going to be very important that we have a recycling industry," he points out.

While most EV components are much the same as those of conventional cars, the big difference is the battery. While traditional lead-acid batteries are widely recycled, the same can't be said for the lithium-ion versions used in electric cars.

EV batteries are larger and heavier than those in regular cars and are made up of several hundred individual lithium-ion cells, all of which need dismantling. They contain hazardous materials and have an inconvenient tendency to explode if disassembled incorrectly.

"Currently, globally, it's very hard to get detailed figures for what percentage of lithium-ion batteries are recycled, but the value everyone quotes is about 5%," says Dr Anderson. "In some parts of the world, it's considerably less."

Recent proposals from the European Union would see EV suppliers responsible for making sure that their products aren't simply dumped at the end of their life, and manufacturers are already starting to step up to the mark business listings.

Nissan, for example, is now reusing old batteries from its Leaf cars in the automated guided vehicles that deliver parts to workers in its factories.

Volkswagen has a pilot recycling plant in Salzgitter, Germany

Volkswagen is doing the same, but has also recently opened its first recycling plant, in Salzgitter, Germany, and plans to recycle up to 3,600 battery systems per year during the pilot phase.

"As a result of the recycling process, many different materials are recovered. As a first step we focus on cathode metals like cobalt, nickel, lithium and manganese," says Thomas Teide, head of planning for recycling at Volkswagen Group Components.

"Dismantled parts of the battery systems such as aluminum and copper are given into established recycling streams."

Renault, meanwhile, is now recycling all its electric car batteries - although as things stand, that only amounts to a couple of hundred a year. It does this through a consortium with French waste management company Veolia and Belgian chemical firm Solvay.

"We are aiming at being able to address 25% of the recycling market. We want to maintain this level of coverage, and of course, this would cover by far the needs of Renault," says Jean-Philippe Hermine, Renault's VP for strategic environmental planning.

"It's a very open project - it's not to recycle only Renault batteries but all batteries, and also including production waste from the battery manufacturing plants."

Dismantling the battery into its parts is time-consuming

The issue is also receiving attention from scientific bodies such as the Faraday Institution, who’s ReLiB project aims to optimise the recycling of EV batteries and make it as streamlined as possible.

"We imagine a more efficient, more cost-effective industry in future, instead of going through some of the processes that are available - and can be scaled up now - but are not terribly efficient," says Dr Anderson, who is the principal investigator for the project free business listings.

Currently, for example, much of the substance of a battery is reduced during the recycling process to what is called black mass - a mixture of lithium, manganese, cobalt and nickel - which needs further, energy-intensive processing to recover the materials in a usable form.

Manually dismantling fuel cells allows for more of these materials to be efficiently recovered but brings problems of its own.

[smriti-1]

https://www.databridgemarketresearch.com/reports/global-recovered-carbon-black-rcb-market

[techscimarketresearch]

According to #TechSci Research report, Global Recovered Carbon Black (rCB) Market is projected to grow from $ 56 million in 2018 to $ 494 million by 2024, exhibiting a CAGR of 56% by 2024.

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