Global Tire Recovered Carbon Black Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.50 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Tire Recovered Carbon Black (rCB) Market is gaining momentum as industries and businesses are prioritizing sustainability and waste reduction. With growing concerns over environmental pollution, the demand for recycled materials like rCB is escalating. Tire-derived carbon black, a key material sourced from scrap tires, has found its way into various industries, especially rubber, automotive, and coatings. The ability to recycle used tires into valuable resources such as rCB offers a sustainable alternative to traditional carbon black production, which has substantial environmental impacts.
In the global market, the tire recycling industry is being reshaped by both regulatory frameworks and technological innovations. The tire recovered carbon black market is projected to experience significant growth, driven by the increasing adoption of circular economy principles. According to market reports, the tire rCB market size is expected to expand at a compound annual growth rate (CAGR) of around 12% during the forecast period from 2021 to 2028. The rise in eco-friendly manufacturing practices and the growing emphasis on reducing carbon footprints contribute to this upward trajectory.
One of the primary drivers of this market’s growth is the automotive industry’s demand for sustainable materials. With manufacturers striving to meet stricter environmental standards, recycled carbon black presents a viable solution for creating high-performance tires and other rubber products. Additionally, the increasing focus on reducing landfill waste and managing the growing volume of scrap tires fuels the tire rCB production process.
Another key factor propelling market growth is the favorable economic benefits associated with rCB production. Producing carbon black from used tires is often more cost-effective than traditional methods, which involve mining and processing raw materials. This has led to a competitive market where innovative technologies are enabling businesses to extract higher-value carbon black from scrap tires, optimizing both performance and cost efficiency.
Get an In-Depth Research Analysis of the Global Tire Recovered Carbon Black Market Size And Forecast [2025-2032]
Who are the largest Global manufacturers in the Tire Recovered Carbon Black industry?
- Pyrolyx
- Scandinavian Enviro Systems
- Black Bear Carbon
- Delta-Energy
- Klean Carbon
- Hi Green Carbon Black
- Stomoma Infra
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Tire Recovered Carbon Black Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Tire Recovered Carbon Black Market
- Transportation
- Building & Construction
- Printing & Packaging
- Others
What are the types of Tire Recovered Carbon Black available in the Market?
Based on Types the Market is categorized into Below types that held the largest Tire Recovered Carbon Black market share In 2023.
- Standard Grade
- Specialty Grade
Which regions are leading the Global Tire Recovered Carbon Black Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Tire Recovered Carbon Black Market Research Report, 2024-2032
1. Introduction of the Global Tire Recovered Carbon Black Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Tire Recovered Carbon Black Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Tire Recovered Carbon Black Market, By Type
6. Global Tire Recovered Carbon Black Market, By Application
7. Global Tire Recovered Carbon Black Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Tire Recovered Carbon Black Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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