Global Recovered Carbon Black Market Size, Share, Growth Analysis Report - Forecast 2034

Recovered Carbon Black Market: Industry Perspective

The global recovered carbon black market size was worth around USD 259.3 Million in 2024 and is predicted to grow to around USD 1182.93 Million by 2034 with a compound annual growth rate (CAGR) of roughly 16.39% between 2025 and 2034. The report analyzes the global recovered carbon black market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the recovered carbon black industry.

The report analyzes the recovered carbon black market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the recovered carbon black market.

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Recovered Carbon Black Market: Overview

Recovered carbon black is an environmentally friendly material that is primarily made from the pyrolysis of used tires during recycling. Utilizing and recycling used tires and recovered carbon black benefits both the environment and the economy. Recovered carbon black is widely employed as a reinforcing agent in the production of numerous rubber goods other than tires. Hoses, conveyor belts, gaskets, rubber sheets, seals, geomembranes, and rubber roofs are some of these goods. Additionally, it has uses in coatings, plastic masterbatches, inks, and other things. Due to the growing demand for environmentally friendly options to reduce carbon footprint, the recovered carbon black market is rife with prospects. The market is widely used as a cost-effective and environmentally friendly supporting filler in both the non-tire and tire sectors. The constantly expanding auto and transportation sectors are what is driving the global market for recovered carbon black. Additionally, its application in the manufacture of elastic items is increasing demand from both customers and investors.

Key Insights

• As per the analysis shared by our research analyst, the global recovered carbon black market is estimated to grow annually at a CAGR of around 16.39% over the forecast period (2025-2034).
• Regarding revenue, the global recovered carbon black market size was valued at around USD 259.3 Million in 2024 and is projected to reach USD 1182.93 Million by 2034.
• The recovered carbon black market is projected to grow at a significant rate due to increasing sustainability initiatives in tire and rubber industries.
• Based on Type, the Primary Carbon Black segment is expected to lead the global market.
• On the basis of Grade, the Commodity segment is growing at a high rate and will continue to dominate the global market.
• Based on the Application, the Tire application segment is projected to swipe the largest market share.
• By End-User, the Transportation segment is expected to dominate the global market.
• Based on region, Europe & North America is predicted to dominate the global market during the forecast period.

Recovered Carbon Black Market: Growth Drivers

High demand across end users to spur the market expansion in coming period

Recovered carbon black (rCB) is increasingly being used in a variety of end-use industries, including transportation, industrial, printing and packaging, building and construction, and others, which is expected to fuel the global recovered carbon black market expansion. Recovered carbon black is frequently used as a reinforcing agent in the non-tire rubber industry to manufacture hoses, conveyor belts, seals, gaskets, geo-membranes, rubber sheets, and rubber roofing.

The market for recovered carbon black will experience a considerable increase as a result of the expansion of the rubber sector. The abundance of recyclable tires will also contribute to the market's value expansion. The market is expected to develop as a result of the automotive industry's expansion.

Recovered Carbon Black Market: Restraints

High prices of recovered carbon black to restrict market growth

Because manufacturers are unable to enter the market, industry growth is constrained by the high costs of R&D and capital required to produce recovered carbon black (rCB) at economically viable production levels.

Growing interest in virgin carbon black to hamper market expansion

One major limitation that is adversely influencing the market is the rising demand for virgin carbon black. This is a result of the automotive industry's growing need for high-quality tires, which raises the price of virgin carbon black. The market growth rate for recovered carbon black (rCB) is anticipated to be hampered by this reason.

Recovered Carbon Black Market: Opportunities

A surge in the need for eco-friendly products and research & development to offer growth avenues

The need for eco-friendly alternatives and lowering carbon footprints present lucrative prospects to market participants during the projection period. The global recovered carbon black market will grow as a result of continuing research and development by manufacturers.

Recovered Carbon Black Market: Challenges

Concerted efforts needed to boost the industry's potential to pose challenge to market growth

To boost the industry's use of recovered carbon black and speed the expansion of the rCB sector, all stakeholders must work together. Regulations and research are crucial to the rCB sector. The latter is required so that pyrolysis operators may produce a product that is more uniform and stable, whilst the former would encourage the integration of the industry in the circular economy.

Recovered Carbon Black Market: Segmentation

The global recovered carbon black market is segmented based on Type, Grade, Application, End-User, and region.

Based on Type, the global recovered carbon black market is divided into Primary Carbon Black and Inorganic Ash.

On the basis of Grade, the global recovered carbon black market is bifurcated into Commodity and Specialty.

By Application, the global recovered carbon black market is split into Tire application, Non-Tire Rubber Application, Plastics Application, Coatings Application, Inks Application, And Others.

In terms of End-User, the global recovered carbon black market is categorized into Transportation, Industrial, Printing and Packaging, Building & Construction, and Others.

Recovered Carbon Black Market: Report Scope

Recovered Carbon Black Market: Regional Landscape

North America dominated the recovered carbon black market in 2021

With a 38.0 percent market share, North America dominated the global recovered carbon black market. The region has emerged as the material's primary consumer as a result of growing production and consumption of recovered carbon black in countries including the US, Canada, and Mexico. The concerns surrounding the disposal of end-of-life tires and the rising demand for environmentally friendly products from these countries' tire, rubber, and automotive industries are expected to propel the market for recovered carbon black during the research period. As a result of the region's businesses adopting waste management programs for recycling and reusing waste goods, the region's manufacturing sector is expanding.

After North America, Europe is the region that uses recovered carbon black the most. The European market demand is anticipated to be driven by the high demand from the tire sector. Throughout the projected period, market growth is anticipated to be boosted by recovering the automotive industries in Austria, France, Romania, and Russia.

After Europe and North America, the Asia Pacific region had the third-largest market for recovered carbon black. Due to the absence of technological developments in the manufacturing of recovered carbon black, the penetration in the region is lower than in industrialized areas. High industrial growth is anticipated as a result of the monetary framework and supportive government policies that promote private investment in the manufacturing sector.

The Covid-19 pandemic, particularly in China and India, is expected to cause havoc in the Asian industrial sector and economy in the latter half of 2020. The pandemic is anticipated to slow down all of the manufacturing, including the automotive industry, which will have a detrimental effect on the demand for recovered carbon black. In 2021, it was expected that the industrial sector would revive, which would help the recovering carbon black market.

Recent Developments

• A cleantech business called Ecolomondo Corporation will start building and running turnkey Thermal Decomposition Process (TDP) offices in January 2022. The company also has ambitions to construct and run a six-reactor TDP plant in the US. This will be the company's first waste-to-assets TDP office in the United States. It will be able to handle and reuse used tires and turn them into assets that can be utilized again. 
• A co-marketing agreement to market ground-breaking, sustainable products for the global rubber and plastics industry was announced today by Bolder Industries ("Bolder"), a pioneer in turning end-of-life tires into sustainable industrial products, and Continental Carbon Company ("CCC"), a pioneer in the development and production of furnace-grade carbon blacks for the tire and rubber industry.
• A Memorandum of Understanding (MoU) was signed by Scandinavian Enviro Systems AB (Sweden) with tire recycling company EE-TDF Cleveland (US) in December 2018. In accordance with the conditions of the agreement, the businesses will construct a recycling facility at the current location of EE-TDF Cleveland in Texas, US, that can recycle around 30 kilotons of tires annually. Enviro will be able to increase its market share in the US thanks to this agreement.

Recovered Carbon Black Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the recovered carbon black market on a global and regional basis.

The global recovered carbon black market is dominated by players like:

• Bolder Industries Corporate
• Black Bear Carbon B.V.
• Wild Bear Carbon B.V.
• Greetings Green Carbon
• Tyrepress
• Klean Industries
• Radhe Group of Energy
• Scandinavian Enviro Systems AB
• DVA Renewable Energy JSC.
• Pyrolyx AG
• Enrestec Inc.
• Delta-E.

The global recovered carbon black market is segmented as follows;

By Type

• Primary Carbon Black
• Inorganic Ash

By Grade

• Commodity
• Specialty

By Application

• Tire application
• Non-Tire Rubber Application
• Plastics Application
• Coatings Application
• Inks Application
• Others

By End-User

• Transportation
• Industrial
• Printing and Packaging
• Building & Construction
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America