| Product Code: ETC8850306 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw significant growth in recovered carbon black import shipments in 2024, with top exporters being Thailand, India, China, South Korea, and the UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 40.85% from 2020 to 2024 highlights the increasing demand for recovered carbon black in the Philippines. Additionally, the growth rate of 12.91% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive destination for exporters in the coming years.

With the rise in end-of-life tire recycling, the recovered carbon black (rCB) market is growing. It is being increasingly adopted in the rubber, plastics, and coatings industries as a cost-effective and sustainable alternative to virgin carbon black.
The Philippines Recovered Carbon Black (rCB) Market is part of a growing trend in the country toward sustainable and environmentally friendly industries. Recovered carbon black, made from used tires and other rubber waste, is gaining popularity as an alternative to virgin carbon black. The market is spurred by increased awareness of recycling and circular economy principles, which reduce environmental impact and promote sustainable manufacturing. As regulations around waste management tighten, the market is expected to expand, with both local and international players investing in rCB production technologies.
The recovered carbon black market in the Philippines faces challenges due to the limited supply of waste tire materials, which are crucial for carbon black recovery. Recycling infrastructure remains underdeveloped, particularly in rural areas, which limits the availability of raw materials. Additionally, the fluctuating market demand for recovered carbon black, as well as competition from virgin carbon black products, further complicates the growth prospects of this market.
The recovered carbon black market in the Philippines is gaining momentum due to increased awareness of sustainability and circular economy practices. Carbon black is a key ingredient in various industries, including tires, coatings, and plastics. With a growing focus on recycling and reusing industrial materials, investments in the recovered carbon black market provide an opportunity to contribute to the reduction of waste while meeting the needs of industries for high-quality materials. This market aligns with global trends toward reducing carbon footprints and enhancing environmental responsibility.
This market is driven by environmental policies promoting tire recycling and sustainable material recovery. Government incentives for green technology adoption and DENR regulations on waste management provide a foundation for the recovered carbon black markets growth.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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