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Global Tire Recycling Market

Global Tire Recycling Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

Report Code :HC 1335

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Global Tire Recycling Market Global Tire Recycling Market Share(%), By Region-2016-2024

Global Tire Recycling Market Size USD (Million). 2016-2024 XX XX

XX% CAGR: (2016-2024)

XX XX

XX

XX

XX

XX

XX

XX

XX

XX

7.0022.0 7.00 %%20160% 36.0 28.0 0% 0%

XX

XX XX

Asia Pacific

XX 2016e 2017e 2018f

2019f

Source: Goldstein Research

m a S 2020f

2021f

2022f

2023f

2024f

With

Latin America

the global Tire Recycling market

Global Tire Recycling Market Share (%), By End Users2016

9.10% 3.10% 45.20%

30.20%

Crumb Rubber Tire-Derived Fuel (TDF) Automotive parts Bonded/Molded Rubber Products Flooring/Ground Rubber Products

Natural Rubber (NR) Styrene-Butadiene Rubber (SBR) Ethylene-Propylenediene Monomer (EPDM) Rubber Polychloroprene

Copyright

Europe

18.30% 24.30%

43.10%

Source: Goldstein Research

North America

28.43 %

XX% share in 2016, Europe dominated

Global Tire Recycling Market Global Tire Recycling Market Share (%), By Product Type-2016 Share(%), By Rubber Type-2016

15.20%

34.31 %

Middle East and Africa

Recycling market

11.50%

e l p 2024

Source: Goldstein Research

Tire Derived Fuel accounted for the highest market share XX% in global Tire

In 2016,

6.8622.55 7.84 %% %

Source: Goldstein Research

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Construction

Source: Goldstein Research

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Urban Heating & Power Plants

Manufacturing


Global Tire Recycling Market

 Approximately XX percent of scrap tires come from passenger cars, while XX percent come from light and heavy trucks.

e l p

 The remaining XX percent comes from heavy equipment, aircraft, and o-road tires.

m a S

 Rubberized asphalt on the roadway uses about XX thousand tires per lane mile per one inch of thickness.

 Rubberized asphalt has been shown to reduce road noise by up to 4 decibels. This can either eliminate or reduce the need for sound barriers.

Global Tire Recycling Market Size (USD Million) Europe North America

2016

XX Million

2024

XX Million

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XX Million

Growing Passenger Vehicle Sales

Rising Environmental Concerns

Favorable Government Initiatives

Bi-Products for Construction Industry

Asia-Pacific XX Million

XX Million

XX Million

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Global Tire Recycling Market

 Rubberized asphalt on the roadway uses about XX thousand tires per lane mile per one inch of thickness.

 Rubberized asphalt has been shown to reduce road noise by up to 4 decibels. This can either eliminate or reduce the need for sound barriers.

m a S XX XX XX XX

XX

XX

XX

XX

XX

XX

e l p XX

XX

Growing Passenger Vehicle Sales

Rising Environmental Concerns

XX

Favorable Government Initiatives

XX XX

Bi-Products for Construction Industry

XX

2016e 2017e 2018f

2019f

2020f

2021f

2022f

2023f

2024f

Global Tire Recycling Market Size (USD Million) Europe North America

2016

XX Million

2024

XX Million

Copyright

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XX Million

Asia-Pacific XX Million

XX Million

XX Million

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Global Tire Recycling Market

• The future for tire recycling market is strong. Applications for scrap tire rubber — such as rubberized asphalt — have become recognized for their preferable properties and is gaining in prominence and widespread use. •

Growing Passenger Vehicle Sales

e l p

Many states already use rubberized asphalt when they design, reconstruct, or repair their roadways and it is used for several simple and straightforward reasons: it can cost less, provide safety benefits, and last longer than conventional asphalt.

m a S

• The activities of the scrap recycling industry in the United States generate nearly USD XX Million annually. • The U.S. scrap recycling industry accounts for XX percent of the nation’s total economic activity, making it similar in size to the data processing and hosting industry, the dental industry, and the automotive repair industry Global Tire Recycling Market Size (USD Million) Europe North America

2016

XX Million

2024

XX Million

Copyright

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XX Million

Rising Environmental Concerns

Favorable Government Initiatives

Bi-Products for Construction Industry

Asia-Pacific XX Million

XX Million

XX Million

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Global Tire Recycling Market

• There are over one Million end-of-life tires generated annually, worldwide, and it is estimated that four Million unwanted end-of-life tires exist in landfills and stockpiles. •

Growing Passenger Vehicle Sales

In 2016 Used Tires arising in Europe (XXMt) increased by about XX thousand tonnes (+X%) whilst the reuse of part-worn tires (comprising casings used for retreading on the domestic market, export & domestic second hand markets) dropped by X%.

m a S 7.0022.0 7.00 %%20160% 36.0 28.0 0% 0% Asia Pacific

North America

e l p

Europe

6.8622.55 7.84 %% %

34.31 %

28.43 % Bi-Products for Construction Industry

Latin America

Global Tire Recycling Market Size (USD Million) Europe North America XX Million

2024

XX Million

Copyright

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Favorable Government Initiatives

2024

Middle East and Africa

2016

Rising Environmental Concerns

XX Million

Asia-Pacific XX Million

XX Million

XX Million

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Global Tire Recycling Market

Major Players/ Industries

North America

APAC

Europe

Latin America

Middle East & Africa

Liberty Tire Services LLC

Pyrolyx AG

GENAN HOLDING A/S

Mchellin

Emanuel Tire Co.

Lakin General

m a S

e l p

Entech Inc.

High Penetration Copyright

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Medium Penetration

Low Penetration

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Global Tire Recycling Market

• The tire global recycling market is growing and looking promising. According to our research, major markets such as wire-free mulch continue to grow year after year. 11.50% 15.20% 30.20%

e l p

43.10%

m a S

Natural Rubber (NR) Styrene-Butadiene Rubber (SBR) Ethylene-Propylenediene Monomer (EPDM) Rubber Polychloroprene

• Other markets for crumb rubber and smaller sizing are also growing as the demand for secondary products and uses such as plastic blends, molded products, and industrial applications continue to grow. Global Tire Recycling Market Size (USD Million) Europe North America

2016

XX Million

2024

XX Million

Copyright

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XX Million

Growing Passenger Vehicle Sales

Rising Environmental Concerns

Favorable Government Initiatives

Bi-Products for Construction Industry

Asia-Pacific XX Million

XX Million

XX Million

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Value

Visibility

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Global Tire Recycling Market Outlook

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Global Tire Recycling Market  

Global tire recycling market valued USD 0.95 billion in 2016 and is projected to grow at a CAGR of 2.1% during the forecast period. Rising e...

Global Tire Recycling Market  

Global tire recycling market valued USD 0.95 billion in 2016 and is projected to grow at a CAGR of 2.1% during the forecast period. Rising e...

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