Global rCB Market Trends: Size, Share, and Growth Analysis
Recovered Carbon Black (rCB) is a sustainable and environmentally friendly alternative to virgin carbon black, which is a critical component in the production of rubber and plastic products. Carbon black is a finely divided form of carbon used as a reinforcing filler in the rubber and tire industry, as well as in the manufacturing of various plastic products, inks, coatings, and more. The recovered carbon black market size is estimated at USD 55 million in 2018 and is projected to reach USD 491 million by 2023, at a CAGR of 55.0% between 2018 and 2023. rCB is produced by recycling carbon black from end-of-life tires and other rubber products through a process known as pyrolysis. Pyrolysis involves heating the rubber or tires in the absence of oxygen, causing them to break down into their constituent components. During this process, carbon black is separated and recovered, hence the name "Recovered Carbon Black." Download PDF Brochure: https://www.marketsandmarkets.com/pdf