North America Recovered Carbon Black Market Competitive Landscape, Future Plans and Trends by Forecast 2028
The Recovered Carbon Black Market in North America is expected to grow from US$ 884.67 million in 2021 to US$ 1,863.38 million by 2028; it is estimated to grow at a CAGR of 11.2% from 2021 to 2028. Waste tires are becoming a major environmental, economic, and technical challenge due to their high content of combustible components and potential to offer valuable materials as well as energy resources. In recent years, a variety of waste tire management methods have been adopted and applied around the world, including other important alternative methods for end of life tire management defined in 3R: reduction, reuse, and recycling to minimize damage, which is a serious threat to the natural environment and the humans.
North America Recovered Carbon Black Market - Company Profiles
Bolder Industries
Delta Energy LLC
ENRESTEC
Klean Carbon
Pyrolyx AG
SR2O Holdings, LLC
North America Recovered Carbon Black Market Segmentation
North America Recovered Carbon Black Market –By
Application
Tire
Non-Tire Rubber
Plastics
Others
North America Recovered Carbon Black Market -By Country
US
Canada
Mexico
North America Recovered Carbon Black Market Overview
North America, home to major economies such as the US, Canada, and Mexico, generates a substantial volume of waste tires annually. The increasing demand for sustainable and rubber-based products is driving the growth of the recovered carbon black market in the region. As one of the largest producers of end-of-life tires, North America manufactures over 50 million tires each year. Recovered carbon black, derived from these discarded tires through sustainable processes, plays a crucial role in the region’s circular economy.
The US stands out as the dominant market for recovered carbon black in North America. The automotive sector’s rising need for tires has fueled the demand for recycled materials, further accelerating market expansion. Leading industry players are prioritizing high-quality, cost-effective solutions to strengthen their market presence. For instance, Bridgestone Americas, Inc. has partnered with Delta-Energy LLC to introduce recovered carbon black into the tire manufacturing industry. Delta-Energy LLC specializes in green technology that efficiently extracts carbon black. Similarly, Pyrolyx, a recovered carbon black manufacturer, has signed a five-year agreement with Continental AG to supply recycled carbon black. These strategic collaborations align with sustainability initiatives and bolster market growth across North America. The environmental benefits of recovered carbon black remain a key driver of its increasing adoption.
Impact of COVID-19 on the North America Recovered Carbon Black Market
The COVID-19 pandemic severely impacted North America’s economy, with the US being the most affected country in the region. The sharp rise in cases across the US and Canada, coupled with lockdown measures, disrupted manufacturing operations and supply chains. These challenges negatively affected the demand for recovered carbon black, as industrial activity slowed and raw material sourcing became a major hurdle.
However, the market is gradually recovering, driven by government initiatives such as mass vaccination programs and economic revitalization efforts. As the economy stabilizes, industries are strategically investing in advanced, sustainable products to enhance profitability. This resurgence is expected to create new growth opportunities for the recovered carbon black market in North America.
Strategic Insights into the North America Recovered Carbon Black Market
Strategic insights into the North American recovered carbon black industry provide a data-driven analysis of market trends, key players, and regional dynamics. These insights offer actionable recommendations, helping businesses identify untapped segments and develop unique value propositions to gain a competitive edge. By leveraging data analytics, industry players—including investors, manufacturers, and stakeholders—can anticipate market shifts and make informed decisions.
A future-oriented approach is essential in this evolving market, ensuring businesses stay ahead of industry changes and secure long-term success. Ultimately, strategic insights empower companies to optimize profitability and achieve their business objectives in the dynamic North American recovered carbon black sector.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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