Recovered Carbon Black Market Trends, Size, Industry Segments And Profit Growth By Forecast
Recovered Carbon Black Market Scope The recovered carbon black (rCB) market refers to the market for carbon black that has been recovered or recycled from used or waste materials. Carbon black is a type of fine, black powder that is produced from the incomplete combustion of heavy petroleum products. It is commonly used in the production of tires, rubber, plastics, and other industrial products. The increasing use of environmentally-friendly and sustainable products in various applications, such as a tire, non-tire rubber, plastics, coatings, and inks, is expected to drive the recovered carbon black market . 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% . The recovered carbon black market provides the analysis by Application (Tire application, Non-Tire Rubber application, Plastics application, Coatings application, and Inks application), and Regi...