North America Recovered Carbon Black Market Growth Drivers, Segments, Sales, Profits and Analysis- 2028
The North America Recovered Carbon Black Market 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.
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Waste Tire Management and North America Recovered Carbon Black Market Overview
Waste tire... moreNorth America Recovered Carbon Black Market Growth Drivers, Segments, Sales, Profits and Analysis- 2028
The North America Recovered Carbon Black Market 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.
Get Full Report: https://www.businessmarketinsights.com/reports/north-america-recovered-carbon-black-market
Waste Tire Management and North America Recovered Carbon Black Market Overview
Waste tires present a growing environmental, economic, and technical challenge due to their high content of combustible materials and their potential for recovery as valuable raw materials and energy sources. In response, numerous waste tire management strategies have been implemented globally, emphasizing the principles of the 3Rs: reduction, reuse, and recycling. These strategies aim to minimize environmental harm and reduce risks to human health.
The European Union, for instance, collects approximately 3.4 million tons of used tires each year. Notably, the tire industry is the largest consumer of virgin carbon black in the EU, using around 1.8 million tons annually—about 73% of the total demand. Producing just one ton of carbon black requires 1.5–2.0 tons of oil and emits around 2.5–3 tons of CO₂. Recycled carbon black (rCB), derived from end-of-life tires, is increasingly used as a substitute in the manufacture of tires, rubber components, conveyor belts, and even in some paint formulations. Utilizing rCB not only reduces CO₂ emissions but also enhances waste tire management, driving growth in the North America Recovered Carbon Black Market.
Market Landscape in North America
The US, Canada, and Mexico are key players in the North America Recovered Carbon Black Market. The region generates a significant volume of waste tires annually and faces increasing demand for environmentally friendly and sustainable rubber products. North America is among the leading producers of end-of-life tires, with over 50 million manufactured each year. Recovered carbon black, extracted from these tires, is gaining traction due to its sustainable nature and wide applicability.
The US, in particular, represents a major market for rCB. The growing automotive industry and focus on tire recycling have accelerated the demand for recovered carbon black. Key North America Recovered Carbon Black Market players in the region are investing in producing high-quality, cost-effective products. For example, Bridgestone Americas, Inc. partnered with Delta-Energy LLC to bring recovered carbon black to the tire industry. Delta-Energy specializes in green technology for carbon black recovery. Similarly, Pyrolyx entered a five-year agreement with Continental AG for the supply of recycled carbon black, underscoring the industry's commitment to sustainable development.
Impact of COVID-19 and Market Recovery
North America, especially the US, was significantly affected by the COVID-19 pandemic. Lockdowns and disruptions to manufacturing operations and supply chains negatively impacted the North America Recovered Carbon Black Market. However, with government-led vaccination efforts and economic recovery initiatives, the market is gradually rebounding. Industries are beginning to reinvest in advanced, sustainable technologies, which is expected to further boost the growth of the North America Recovered Carbon Black Market in the coming years.
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 - Company Profiles
Bolder Industries
Delta Energy LLC
ENRESTEC
Klean Carbon
Pyrolyx AG
SR2O Holdings, LLC
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
