Reclaimed Rubber Market Key Highlights:
- Market Size (2024): USD 1,039 Million
- Projected Market Size (2034): USD 2,393 Million
- CAGR (2023-2034): 8.7%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Reclaimed Rubber Market
The reclaimed rubber market is an integral branch of the advanced materials industry. This industry deals in the manufacturing and distribution of recycled scrap rubber to numerous consumers. It can be processed and treated to obtain desired physical properties such as tensile strength, hardness, adaptability, and some others. There are various types of reclaimed rubber available on the market, including whole tire reclaim rubber, butyl reclaim rubber, EPDM reclaimed rubber, and some others. These rubbers are manufactured in large quantities to reduce dependency on virgin rubber. This market is likely to rise significantly with the growth in the chemical and material industry across the world.
The application of reclaimed rubber has increased rapidly in the automotive industry. In the automotive sector, these rubbers are used in the manufacturing of tires, gaskets and seals, suspension systems, dampening substances, interior products, and others. Also, the use of these materials has grown significantly in the footwear sector. In the footwear industry, reclaimed rubbers are used in the production of shoe soles and some others. Moreover, the usage of reclaimed rubbers has increased in the manufacturing of molded rubber goods, belts & hoses, and some others. Thus, the rising application of these materials in the above-mentioned sectors is anticipated to propel the growth of the reclaimed rubber market.
Advancements in green building technologies, along with the growing demand for ethylene propylene diene monomer, are expected to create ample growth opportunities for the market players in the future. In December 2023, Zhongce Rubber Recycling Technology announced a collaboration with the Beijing University of Chemical Technology and Nanjing Green Gold Giant Rubber & Plastic Advanced Technology. This collaboration is done to manufacture liquid and solid reclaimed rubbers.
Reclaimed Rubber Market Segmentation:
By Type
By Application
- Automotive & Aircraft Tires
- Retreading
- Belts & Hoses
- Footwear
- Molded Rubber Goods
Reclaimed Rubber Market Companies:
- Sun Exims(India) Pvt. Ltd.
- Allcock & Sons
- GRP
- Rolex Reclaim Pvt. Ltd.
- Huxar Reclamation
- U.S. Rubber
- Yeu Guan Industrial Co.
- Ltd.
- Star Polymers Inc.
- Monmouth Rubber & Plastics Corp.
- North West Rubber
- Bas Recycling
- Inc
- Jinzhou Jinfeng Tyre Group Ltd.
- Tangshan Xing Yu Rubber Industrial Co.
- Ltd.
- Maxan Corporation Pvt. Ltd.
- Sekisui Jushi Corporation
- Swani Rubber Industries
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med Rubber Market Key Highlights:
