Reclaimed Rubber Market Will Growing At a CAGR of 10.56% From Reaching Nearly $6.9 Billion in 2022 to 2030

Reclaimed Rubber Market is projected to be worth USD 6.9 Billion by 2030, registering a CAGR of 10.56% during the forecast period (2021 – 2030).

Natural and butyl rubber tubes are recycled to create reclaimed rubber. Whole tyre reclamation (WTR), butyl reclamation, ethylene propylene diene monomer (EPDM), and other categories are used to classify it. The most popular rubber is WTR, which is created using natural tubes and works with a variety of natural items. Due to its low power consumption, excellent durability, and vulcanizing capabilities, it is increasingly employed in the production of tread tyres, conveyor belts, hot melt glue, automotive components, and footwear. EPDM is mostly used in the automotive industry for automobile seats and door & window trim. Both applications for tyres and non-tires employ reclaimed rubber. Due to its low shrinkage and superior ageing, the substance is mostly utilised in tyre treads and retreads. The expansion of the tyre manufacturing market is being driven by the expanding automotive and aerospace sectors. Due to shifting consumer spending habits and other non-tire applications, the substance is mostly employed in footwear and mats.

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Market Segmentation:

The type, applications, and geographic segments that make up the worldwide recovered rubber market.

The recovered rubber market is segmented according to type into whole tyre reclamation (WTR), butyl reclamation, ethylene propylene diene monomer (EPDM), drab & coloured, and others.

The global market for recycled rubber is divided into tyre and non-tire segments based on application.

The inner liner, inner tubes, tyre sidewalls, tyre plies, and tyre treads & retreads are other segments of the tyre application.

Conveyor belts, moulded products, adhesives, footwear, matting, profiles, and roofing are additional sub-segments of the non-tire application.

The market is segmented geographically into five major areas: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Regional Analysis:

Due to rising vehicle manufacturing, a growing population, and rising standards of living, Asia Pacific is the market leader for recycled rubber. The market is expanding even faster thanks to the increase in hybrid and electric vehicle production.

Due to increased advancements in the production of aircraft and automobiles, North America and Europe are expanding significantly. This has to do with recycling requirements and government regulations to lessen pollution from landfills and the environment.

Key Players:

The following companies are some of the major players in the global reclaimed rubber market: 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. ( (India).

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