New

Middle East and Africa Recovered Carbon Black Market

2021

Middle East and Africa Recovered Carbon Black Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Tire, Non-Tire Rubber, Plastics, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025872 | No. of Pages: 66 | Category: Chemicals and Materials | Status: Published

Market Insights

Middle East and Africa Recovered Carbon Black Market to Grow at a CAGR of 8.4% to reach US$ 240.04 million by 2028 Million from 2021 to 2028

Covid
Assesing the covid-19 impact?
Get the Latest COVID-19 Analysis on this market
Request Now
Happy to join you in your fight against the COVID-19 economic pandemic!

The recovered carbon black market in MEA is expected to grow from US$ 136.88 million in 2021 to US$ 240.04 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.


Saudi Arabia, South Africa, and UAE are economies in MEA. 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. The European Union collects ~3.4 million tons of used tires every year. The tire industry is the largest consumer of virgin carbon black in the EU as it consumes ~1.8 million tons of the same annually, accounting for ~73% of total demand. The production of 1 ton of carbon black requires 1.5–2.0 tons of oil and releases ~2.5–3 tons of CO2. In addition to petroleum, natural gas, and steel, recycled carbon black is used as a key material in the production of tires, conveyor belts, and rubber parts; it is also being used in the production of paints in some cases. By reusing tires, it is possible to reduce CO2 emissions, thereby aiding in waste tire management. Thus, emphasis on waste tire management is giving rise to several key trends that are bound to impact the recovered carbon black market growth in the coming years.

In the MEA region, the worst affected countries are Turkey, South Africa, Iraq, and Israel with a high number of COVID-19 confirmed cases and deaths. According to International Finance Corporation, the COVID-19 pandemic has a severe impact upon the economy of the Middle East and Africa, which has led to a decline in oil production, tourism, and remittances. The confinement measures implemented for sanitary purposes in the region have led to a standstill of several activity across diverse economic sectors. The MEA region comprises of many growing economies, which are prospective markets for recovered carbon black vendors. The pandemic has significantly slowed down the growth of recovered carbon black market in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the recovered carbon black market. The MEA recovered carbon black market is expected to grow at a good CAGR during the forecast period.
MEA recovered carbon black market

Get more information on this report :


MEA Recovered Carbon Black Market Segmentation

MEA Recovered Carbon Black Market – By Application

  • Tire
  • Non-Tire Rubber
  • Plastics
  • Others

MEA Recovered Carbon Black Market- By Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

MEA Recovered Carbon Black Market-Companies Mentioned

  • Bolder Industries
  • ENRESTEC
  • Pyrolyx AG
  • SR2O Holdings, LLC

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

4. MEA Recovered Carbon Black Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of Substitutes

4.2.4 Threat of New Entrants

4.2.5 Intensity of Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Recovered Carbon Black Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Ecological Utility of Recovered Carbon Black

5.1.2 Augmenting Application Range of Recovered Carbon Black

5.2 Market Restraints

5.2.1 Limited Availability of Recovery Infrastructure and Increasing Production of Crude Oil

5.3 Market Opportunities

5.3.1 Rise in Need for Green Alternatives with Shift Towards Sustainability

5.4 Future Trends

5.4.1 Emphasis on Waste Tire Management

5.5 Impact Analysis

6. Recovered Carbon Black – MEA Market Analysis

6.1 MEA Recovered Carbon Black Market Overview

6.2 MEA Recovered Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)

7. MEA Recovered Carbon Black Market Analysis – By Application

7.1 Overview

7.2 MEA Recovered Carbon Black Market Breakdown, by Application, 2020 & 2028

7.3 Tire

7.3.1 Overview

7.3.2 Tire: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Non-Tire Rubber

7.4.1 Overview

7.4.2 Non-Tire Rubber: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Plastics

7.5.1 Overview

7.5.2 Plastics: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

8. MEA Recovered Carbon Black Market – Country Analysis

8.1 Overview

8.1.1.1 MEA: Recovered Carbon Black Market, by Key Country

8.1.1.2 South Africa: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

8.1.1.2.1 South Africa: Recovered Carbon Black Market, by Application

8.1.1.3 Saudi Arabia: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

8.1.1.3.1 Saudi Arabia: Recovered Carbon Black Market, by Application

8.1.1.4 UAE: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

8.1.1.4.1 UAE: Recovered Carbon Black Market, by Application

8.1.1.5 Rest of MEA: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

8.1.1.5.1 Rest of MEA: Recovered Carbon Black Market, by Application

9. Impact of COVID-19 on MEA Recovered Carbon Black Market

9.1 Overview

10. Company Profiles

10.1 Bolder Industries

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 ENRESTEC

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 SR2O Holdings, LLC

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 Pyrolyx AG

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Glossary of Terms


LIST OF TABLES

Table 1. MEA Recovered Carbon Black Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. South Africa Recovered Carbon Black Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3. Saudi Arabia Recovered Carbon Black Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4. UAE Recovered Carbon Black Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5. Rest of MEA Recovered Carbon Black Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6. Glossary of Terms, Recovered Carbon Black Market


LIST OF FIGURES

Figure 1. MEA Recovered Carbon Black Market Segmentation

Figure 2. MEA Recovered Carbon Black Market Segmentation – By Country

Figure 3. MEA Recovered Carbon Black Market Overview

Figure 4. Tire Segment Held Largest Share of MEA Recovered Carbon Black Market

Figure 5. Rest of MEA Held Largest Share of MEA Recovered Carbon Black Market

Figure 6. MEA Recovered Carbon Black Market, Industry Landscape

Figure 7. Porter ‘s Five Forces Analysis for Recovered Carbon Black Market

Figure 8. Recovered Carbon Black Market– Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. MEA Recovered Carbon Black Market Impact Analysis of Drivers and Restraints

Figure 11. MEA: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. MEA Recovered Carbon Black Market Breakdown, by Application, 2020 & 2028

Figure 13. MEA Tire: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. MEA Non-Tire Rubber: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Plastics: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Others: Recovered Carbon Black Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. MEA: Recovered Carbon Black Market, by Key Country- Revenue 2020 (US$ Million)

Figure 18. MEA: Recovered Carbon Black Market Revenue Share, by Key Country (2020 & 2028)

Figure 19. South Africa: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

Figure 20. Saudi Arabia: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

Figure 21. UAE: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

Figure 22. Rest of MEA: Recovered Carbon Black Market –Revenue and Forecast to 2028 (USD Million)

Figure 23. Impact of COVID-19 Pandemic in Middle East and Africa

  1. Bolder Industries
  2. ENRESTEC
  3. Pyrolyx AG
  4. SR2O Holdings, LLC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Recovered Carbon Black market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA Recovered Carbon Black market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the Recovered Carbon Black market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00025872
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing
Request for Sample
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.