The global recovered carbon black market was valued at US$ 60.12 Mn and is expected to reach 500.12 Mn by 2027, at a CAGR of 4.25% during the forecast period.
Rising advancement and production of automotive products are highly demanding for recovered carbon black for their pigment and reinforcing activity during the manufacturing process that will help in the growth of recovered carbon black market.
Market Definition:
Recovered carbon black is a material obtained by pyrolysis process using scrap tire which comprises ~10 to 20% non-carbonaceous by weight, free from fabric and wire. It consists of all the black grade carbon which is utilized as raw material by the rubber industry.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Market Influencer:
Bending interest of manufacturers to adopt the growing trend of green alternatives with less carbon emission in terms of environmental concern since recovered carbon black is meeting all the needs demanded by manufacturers and consumers are anticipated to accelerate the market demand of the global recovered carbon black market in the coming years. Development and high sales rate of automobiles will demand a huge number of tires in the future that will boost the recovered carbon black market growth during the forecast period. High demand from rubber industries for recovered carbon black material anticipated growth in a future year. Additionally, product demand by the lightweight automobiles in terms to improve conductivity and UV protection for the end-use product is very high and is expected to augment the market growth during the forecasted period. Significant product consumption in coatings, plastics, inks, and non-tire rubber will further contribute to raising the market revenue. Furthermore, the ample obtainability of tires with low production costs will lift global market trends. On the other hand, upsurge research and development activity in developed and developing economies will contribute to the industry growth at a constant rate.
Furthermore, fluctuation in raw material cost and lack of awareness about the product will hamper the market growth in future.
Recovered Carbon Black Market Segment analysis:
By application segment, the tire sub-segment is expected to dominate the recovered carbon black market during the forecast years. Tire accounted for approximately 45% of the recovered carbon-based black market share in the year 2019. The major growth factor for this segment is recorded for the growth in the automotive industries; since the tire is an important for the product and is majorly utilized in the automobile manufacturing industries, which in turn will help the market growth. Unstoppable growth in the automotive industry with high demand for environmentally-friendly and maintainable products in this industry remains a noticeable factor for an increase in the demand for green tires across the globe. Furthermore, rise in awareness about the new technology and trends amongst the population is attracting the vendors to invest and is generating various opportunity for recovered carbon black market to grow in the near future.
Recovered Carbon Black Market Regional Analysis:
Regionally, the North American region is assessed to observe a lucrative growth with the largest share of the recovered carbon black market in 2019, the US projected to be the chief market in North America. Canada and Mexico are the major countries contributing to the growth of the recovered carbon black market in this region. The cumulative request for environmentally-friendly products from applications such as non-tire rubber, tire, plastics, and coatings is expected to drive the recovered carbon black market in North America.
Secondly, Asia Pacific is expected to dominate the recovered carbon black market with an expected growth at a CAGR of XX % during the forecast period. Developing automotive and transportation, in the Asia Pacific especially in India, China, South Korea, and Thailand is boosting market growth. In 2019 market size was valued US$ XX Bn while in the U.S, the market size was valued XX Bn and is expected to increase by US$ XX Bn in the coming years. In the year 2019, approximately 40% of the market is acquired by the Asia Pacific region and expected to show constantly in future.
The objective of the report is to present a comprehensive analysis of the Global Recovered Carbon Black Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Recovered Carbon Black Market dynamics, structure by analysing the market segments and project the Global Recovered Carbon Black Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Recovered Carbon Black Market make the report investor’s guide.
Scope of Recovered Carbon Black Market
Global Recovered Carbon Black market, By Application
• Non-tire Rubber
• Coatings
• Plastics
• Tire
• Inks
• Others
Global Recovered Carbon Black market, By End-User
• Building & Construction
• Transportation
• Printing
• Packaging
• Others
Global Recovered Carbon Black Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Recovered Carbon Black Market,
• Scandinavian Enviro Systems AB
• Integrated Resource Recovery
• DVA Renewable Energy JSC
• Radhe Group of Energy
• Delta-Energy Group
• Black Bear Carbon
• Alpha Carbone
• Klean Industries
• Dron Industries
• Bolder Industries
• New Entrants
• SR2O Holdings
• Enrestec
• Pyrolyx
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The global chromium oxide market was valued US$ 192.58 Mn in 2019 and is expected to reach 414.26 Mn by 2027, at a CAGR of 3.8 % during the forecast period.
It occurs naturally as a rare mineral eskolaite and holds a wide range of applications in coatings resulting in excellent resistance to wear, abrasion, corrosion, and chemicals.The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.Market Drivers and Restraints:Technological advancement and development in the method of the manufacturing process in developed and developing countries are driving the growth of the chromium oxide market globally.
Chromium oxide has broad application in the automotive industries for coating and polishing of various machinery parts as it has corrosion free property which is expected to drive the market growth, which will further propel the market demand in the global market.Development in the commercial sector with increased urbanization linked with construction activity is booming the market demand for steel thus driving the growth of the chromium oxide market.
Chromium Oxide is broadly utilized covering market value with significant growth of 45.3 Mn.
Major key vendors are investing in the chromium oxide market, as this market is expected to show constant growth with wide opportunities for manufacturers and end-users.However, the unavailability of raw materials and observed side effects after the application is expected to hamper the chromium oxide market growth.
Additionally, the presence of substitutes in the market hinders market growth in the coming years.Chromium Oxide Market Segment analysis:In the chromium oxide market application segment, the metallurgy sub-segment was calculated to be the dominant sector holding the largest market share with the prominent application at a CAGR of 2.2 % by 2027.
Global Flavored and Functional Water Market was valued US$ xxMn in 2019 and is expected toTo know about the Research Methodology :- Request Free Sample ReportThe report has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.Global Flavored and Functional Water Market: OverviewFlavored water can be characterized as the type of drink with diverseaugmenting ingredients added, but represented on the market as water, like mineral water, spring water, sweeteners, and natural or artificial flavors.
Because of its health benefits and reduced swapping costs, functional water is verypleasing, since the price nearly matches that of flavored water.The accessibility of a variety of flavors and practical water would also fuel the growth of the market, as customers naturally tend to try and follow the best of new tastes.
While flavored and functional water is a bit expensive, rising levels of income nowallow individuals, mainly in developed countries, to drink quality goods like this water.
Also, the lack of consciousnessconcerning the health benefits of such beverages across emerging countries is expected to hinder the market growth of flavored and functional water.Global Flavored and Functional Water Market: SegmentationBy product type, functional water is encouraged with micro-nutrients and the consumer market has well created a niche for itself.
As well as, the industry boasts new formulations, which in recent years have been a critical factor in helping it gain momentum.
Functional water also delivers a better nutrient profile, which is expected to encourage development opportunities.By region, Asia-pacific is expected to hold the largest market share of the global market in 2019, with the U.S., Germany, France, Italy, and Japan representing the largest penetration of flavored and usable water.
Spray Drying Equipment Market was valued at USD4.41 Billion in 2019 and is estimated to grow at a CAGR of 6.5% from 2018 to 2026.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Spray drying equipment plays an important role in the processing of food products, including dry soups, ready-to-eat foods, pulses, coffee blends, and milk powders for food intolerance lactose and modified starches.
Macroeconomic factors that have a positive impact on the global market for spray drying equipment include rapid urbanization rates, population growth, lifestyle changes, and increased domestic income.Spray Drying Equipment Market is segmented by a spray dryer type, application, flow type, cycle type, drying stage, and region.
Based on the drying stage, it is segmented into single stage and multi-stage.Geographically, the Spray Drying Equipment Market is segmented into various regions including North America, Europe, Asia-Pacific and Rest of the World.
Ltd., AB & Co Consult, Hemraj Enterprises, C.E Rogers Company, and GEA Group AG.The objective of the report is to present comprehensive Spray Drying Equipment Market including all the stakeholders of the industry.
The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language.
Global Inductor Market was valued at USD 3.64 Bn in 2019 and is expected to reach at USD 5.10 at a CAGR of 4.3% over forecast period 2020-2027.Global Inductor Market Drivers and Restrains:Inductors are components designed to oppose changes and are used for the storage of energy in form of magnetic field and are referred to as a passive electronic component.
An inductance of an inductor is dependent on the number of turns/loops of copper wire around the metal/air and the radius of the copper coil.The major driving factors of the global Inductor market are the development of new consumer electronic products, the growing trend of smart networks, increasing the use of inductors in automotive electronics and rising demand for passive electronic components.Restraining factors of the global inductor market are changing the prices of raw materials and growing complexity due to miniaturization of inductors.An increasing demand for wireless and connected devices is producing new opportunities for inductor market.Global Inductor Market Segmentation Analysis:Global Inductor Market by Type, by Core Type, by Application and by Region.
By application, consumer electronics segment is expected to hold the large share of this market over forecast period due to rising demand for consumer electronics such as smartphones, tablets, laptops, set-top boxes, portable gaming consoles, The development of global inductor market is also powered by rising demand for inductors from telecommunication, industrial, automotive, and defense sectors.By Type, Fixed inductor type segment held highest market share in 2019 and is expected to keep its dominance over forecast period due to the inductors are used in several application such as in filters, sensors, transformers, energy storages, and motors among others.By core type, Ferrite Core inductors holds highest market share over forecast period.
Ferrite core inductors are used in surface acoustic wave (SAW) filters and voltage-controlled oscillator circuits for telecommunication, hard disks, notebook computers, and other electronic equipment.Global Inductor Market Regional Analysis:By geography, Global Inductor Market is segmented into APAC, North America, Europe, MEA& Africa and Latin America.
The investments in the consumer electronics and automotive segments in countries such as India, China, South Korea, and Japan are increasing, and inductors are an important component in consumer electronics and automobiles.
Murata's chip inductors are optimally designed for making full use of multiple construction techniques, such as the multilayer construction technique.
The global OEM insulation market was valued US$ 18.36 Bn in 2019 and is expected to reach 21.24 Bn by 2027, at a CAGR of 6.2% during a forecast period.Global OEM Insulation MarketMarket Definition:OEM denotes original equipment manufacturer and insulation is a product that minimizes heat gain or loss and provide sound diminution and absorption, along with critical fire resistance by forming a block between the surfaces.The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.Market Growth Factor:Modernization in the Architecture of developed and developing countries, helping construction industries to grow, simultaneously it will help the mechanical hand tool market to flourish in the coming years.The necessity for OEM Insulation is increasing due to increasing industrialization, growing application industries, growing demand from construction industry coupled with increasing demand from household applications.
On the other hand, bending interest towards do it yourself activity and development in automotive industries are other key factors to drive the market growth in the future.
Other key factors trustworthy for the growth of the furniture market is demand for renovation activities.
Increase in the number of single-person and two person households, responsible for increase in demand for convenient and small furniture.
This sub-segment accounted for the largest market share in 2019 and is assessed to expand at a CAGR of 4.9 % over the forecast period owing to the increasing preference of insulation-intensive buildings in urban areas.
Targeted segment is widely adopted for the setting infrastructure of theatres and auditoriums, adding it to walls and ceiling can help absorb sound waves across a spectrum of frequencies, minimize echo and reverberation and isolate sound to the room thus boosting the demand.OEM Insulation Market Regional Analysis:Regionally, Asia Pacific is expected to dominate the OEM Insulation Market and is expected to grow at a CAGR of 5.02 % during the forecast period.
Global Upstream Bioprocessing Market size was valued at US$ 5.9 Bn.
by 2027 at a CAGR of 12.8% during the forecast period.Global Upstream Bioprocessing Market Overview:Upstream bioprocessing is the primary phase of the bioprocess in cell line development and cultivation to culture enlargement of the cells through the harvesting process.
Modern cell culture systems are now constructing remarkably higher titers together with reducing the time limitation with higher accuracy in production bioreactors.
Global Upstream Bioprocessing Market Dynamics:The key factors driving the growth of the market are the increasing implementation of Process Analytical Technology (PAT) tactic as a mechanism of design, analysis, and optimization process through the timely dimension of critical process limitations.
For instance, Abzena Company, a biopharmaceutical manufactures designated Sartoius Sedium Biotech to manufacture their Bristol-based production facility for single-use format.
The Mergers and acquisitions by pharmaceutical industries and expansion of manufacturing facilities are estimated to boost the growth of the market.For example, in 2019, Jefferson announced the formation of the Jefferson Institute for bioprocessing to educate and train students with professional biological manufacturing to generate awareness is likely to fuel the growth of the market.
