The global black market for recovered carbon is growing mostly as a result of increased manufacture of plastic and rubber goods. Many non-tire rubber goods, including hoses, conveyor belts, seals, gaskets, geo-membranes, rubber sheets, and rubber roofing, are made using recovered carbon black, which is a commonly used reinforcing agent in the non-tire rubber business. Because it contains less ash, recovered carbon black increases the strength of rubber. China's production of natural rubber climbed from 690,812 tonnes in 2010 to 817,366 tonnes in 2017, according to data from The Food and Agriculture Organisation Corporate Statistical Database. Therefore, during the course of the forecast period, a major increase in rubber production is anticipated to spur market expansion. Due to rising demand for environmentally friendly and sustainable products in the tyre and automotive industries, Asia Pacific not only retains a dominant position but is also the market with the quickest growth. As a result, during the course of the projection period, the region's market is anticipated to increase significantly.
Coherent Market Insights estimates that by 2027, the global Recovered Carbon Black Market is projected to be worth USD 490.8 million, with a compound annual growth rate (CAGR) of 32.6% over that time.
Prominent Companies in the Recovered Carbon Black Industry:
1. Klean Industries
The company was started in 2005 and has its main office in Vancouver, British Columbia, Canada. Processes for converting waste streams are developed and marketed by Klean Industries Inc. Tyres, plastics, and other petroleum-based waste are transformed into fuel and energy commodities by the company's processes. International markets are served by Klean Industries' technology sales.
2. Delta-Energy Group
The company was founded in 2009 and is based in Murrieta, California, United States. In order to turn used tyres into speciality oils and recovered carbon black, Delta Energy, a firm that produces sustainable chemicals, uses patented technology. Switching power supplies are supplied and provided by Delta, a market leader.
3. Pyrolyx
The company was started in 2009 and is located in München, Bayern Germany. Chemicals and technologies for recovering carbon black are developed by Pyrolyx AG. The company provides carbon black that has been recovered for tyre disposal as well as a carbon footprint for the production of new tyres. Pyrolyx sells its goods to the rubber and masterbatch sectors.
4. Black Bear Carbon
The business was started in 2010 and is based in Nederweert, Limburg, and The Netherlands. Green energy products and carbon black are both offered by Black Bear Carbon B.V. The company provides carbon black, which is utilised in a variety of products such as tyres, technical rubber goods, plastics, paint, and ink.
5. Scandinavian Enviro Systems AB,
The company was established in 2001 and is based in Sweden. The business, which deals in garbage, recycling, and dispensaries, salvages carbon black, oil, steel, and gas from used tyres. The company uses a unique process for the recovery of valuable raw materials to contribute to increased environmental and economic sustainability.
6. DRON Industries,
The company was started in 2001 and is located in Mumbai, Maharashtra. "Drone Industry Insights provides a comprehensive market overview and persuades with in-depth research on the patterns and areas of use for commercial drones. Drone technology is advancing and changing as a remedy in numerous fields and industries.
7. Enrestec
The company was started in 1994 and is located in Pingtung, T'ai-wan, and Taiwan. Services for treating solid waste are provided by Enrestec Inc. The business provides pyrolysis treatment for waste plastic, rubber, and other organic solid waste. Enrestec is a business that specialises in the pyrolysis and recycling of biological waste, used plastic, rubber, and tyres.
Definition: By pyrolyzing waste plastic and old tyres, recovered carbon black (rCB) is produced. Because it is more environmentally friendly and can lower carbon dioxide (CO2) emissions, recovered carbon black has greater benefits than virgin carbon black.
