Global Tire Recycling Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Tire recycling is the process of converting end-of-life or unwanted old tires into material that can be utilized in new products. End-of-life tires typically become candidates for recycling when they become no longer functional due to wear or damage, and can no longer be re-treaded or re-grooved.
Tire recycling can also create new, beneficial products. Tire-derived fuel (TDF) is an example which is produced by subject scrap tires to high-temperature pyrolysis. This is reputed to be more energy-efficient than normal fuel. It also releases minimal emissions. Other useful products created from recycled tires are playground turf, railroad ties, and rubberized asphalt.
This process can also help in preventing the spread of diseases. Discarded old tires can provide a nesting place for rodents and mosquitoes. By recycling old tires, those pests can be eliminated. Consequently, diseases brought about by said animals can be prevented.

According to our Researcher latest study, the global Tire Recycling market size was valued at USD 4379.6 million in 2022 and is forecast to a readjusted size of USD 4681.5 million by 2029 with a CAGR of 1.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of tire recycling include Liberty Tire Services, Genan, CRM Rubber, etc. Asia-Pacific is the largest producer of bottle nipples, holds a share about 30%, followed by North America, and Europe. In terms of product, crumb rubber is the largest segment, with a share over 60%. And in terms of application, the largest segment is construction and civil engineering, with a share about 35%.

This report is a detailed and comprehensive analysis for global Tire Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Tire Recycling market size and forecasts, in consumption value ($ Million), 2018-2029

Global Tire Recycling market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Tire Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global Tire Recycling market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Tire Recycling

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Tire Recycling market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Liberty Tire Services, Genan, CRM Rubber, Lakin General and Emanuel Tire, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Tire Recycling market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Tire-Derived Fuel

Crumb Rubber

Others

Market segment by Application

Alternative Fuel for Manufacturing

Construction and Civil Engineering

Consmuer Goods

Sport and Leisure

Others

Market segment by players, this report covers

Liberty Tire Services

Genan

CRM Rubber

Lakin General

Emanuel Tire

Tire Disposal & Recycling

Entech

Champlin Tire Recycling

L&S Tire

Manhantango Enterprises

Murfitts

Market segment by regions, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Argentina and Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Tire Recycling product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Tire Recycling, with revenue, gross margin and global market share of Tire Recycling from 2018 to 2023.

Chapter 3, the Tire Recycling competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Tire Recycling market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Tire Recycling.

Chapter 13, to describe Tire Recycling research findings and conclusion.

Frequently Asked Questions