Reclaimed Rubber Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2029

 

Global Reclaimed Rubber Market was valued at USD 2931.50 million in 2021 and is expected to reach USD 6658.98 million by 2029, registering a CAGR of 10.80% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario. In recent years, the car tyre business has benefited greatly from a shift toward rubber recycling to promote sustainability. The increasing demand for whole tyre reclaim (WTR) is a prominent trend in the global market for reclaimed rubber, and it is expected to contribute considerably to the industry over the forecasted period.

Market Definition

Reclaimed rubber is cured rubber that has been softened and swelled through a thermo-chemical process. The viscosity of the rubber is reduced by mechanical shear and chemical action, which shortens the polymer chain. The whole tyre reclaim (WTR), drab and colored, butyl reclaim, and ethylene propylene diene monomer (EPDM) are some of the different types of reclaimed rubber available on the market.

Some of the major players operating in the reclaimed rubber market are

  • Fishfa Rubbers Ltd (Gujarat)
  • GRP LTD (Mumbai)
  • Rolex Reclaim Pvt. Ltd (Gujarat)
  • Sun Exim (India)
  • Swani Rubber Industries (India)
  • HUXAR (India)
  • Minar Reclamation Pvt. Ltd (India)
  • Miracle Rubbers (India)
  • Genan (Denmark)
  • MICHELIN (France)
  • Revlon Rubbers Private Limited (India)
  • High Tech Reclaim Pvt. Ltd (India)
  • Mitsubishi Chemical Holdings Corporation (Japan)
  • LyondellBasell Industries Holdings B.V. (Netherlands)
  • Corprate.Evonik (Germany)
  • Ashland, (U.S.)
  • Mapei SpA (Italy)

Scope of the Reclaimed Rubber Market Report: 

Product

  • Whole Tire Reclaim (WTR)
  • Butyl Reclaim
  • Ethylene Propylene Diene Monomer (EPDM)
  • Drab and Colored
  • Others

Application

  • Tire
  • Non-Tire

End Users

  • Automotive and Aircraft
  • Cycle Tyre
  • Retreading
  • Belts and Hoses
  • Footwear
  • Molded Rubber Goods
  • Others

Reclaimed Rubber Market Regional Analysis/Insights

The Reclaimed Rubber market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Reclaimed Rubber market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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