PUBLISHER: TechNavio | PRODUCT CODE: 1557688
PUBLISHER: TechNavio | PRODUCT CODE: 1557688
The reclaimed rubber market is forecasted to grow by USD 2081.7 mn during 2023-2028, accelerating at a CAGR of 10.89% during the forecast period. The report on the reclaimed rubber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits of reclaimed rubber, increasing demand from automotive industry, and rising rate of industrialization.
Technavio's reclaimed rubber market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.65% |
CAGR | 10.89% |
Incremental Value | $2081.7mn |
By Type
By Application
By Geography
This study identifies the growing use of e-commerce sites to purchase reclaimed rubber as one of the prime reasons driving the reclaimed rubber market growth during the next few years. Also, rise in production capacity for reclaimed rubber and increasing focus on eco-friendly rubber materials will lead to sizable demand in the market.
The report on the reclaimed rubber market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading reclaimed rubber market vendors that include Balaji Rubber Industries Pvt. Ltd., ELGI Rubber Co. Ltd., Fishfa Rubbers, Gomo International, GRP Ltd., High Tech Reclaim Pvt. Ltd., HUXAR, J. Allcock and Sons Ltd., Lead Reclaim and Rubber Products Ltd., Minar Reclaimation Pvt. Ltd., Rolex Reclaim Pvt. Ltd., Samsara Rubber Reclaimers LLP, Sapphire Reclaim Rubber Pvt. Ltd., Sarvoday Rubber Corp., Shanghai Fuyou International Trade Co. Ltd., SINO RUBBER, Star Polymers Inc., Swani Rubber Industry, VASUDEV RUBBER INDUSTRIES, and Zenish Reclamation. Also, the reclaimed rubber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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