The global rubber recycling market was valued at approximately USD 3.89 billion in 2023 and is projected to reach USD 4.72 billion by 2030, growing at a compound annual growth rate (CAGR) of 2.80% during the forecast period. The market has shown consistent growth, driven by the increasing demand for sustainable practices and innovations in recycling technologies. The value of the market is expected to rise steadily due to a greater emphasis on waste management and resource conservation globally.
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