Tire Recycling Downstream Product Market Report: Trends, Forecast and Competitive Analysis to 2030

Tire Recycling Downstream Product Trends and Forecast

The future of the global tire recycling downstream product market looks promising with opportunities in the cement manufacturing, pulp & paper mill, utility boiler, construction & infrastructure, sports complex & play ground, and tire & rubber markets. The global tire recycling downstream product market is expected to reach an estimated $5.5 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are increasing demand for high performance road construction materials, growing trend of scrap tires, and rising awareness towards the benefits of tire recycling.

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Tire Recycling Downstream Product by Segment

The study includes a forecast for the global tire recycling downstream product by product, recycling technique, end use, and region.

Tire Recycling Downstream Product Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Tire-Derived Fuel
• Tire-Derived Aggregate
• Rubber Mulch
• Steel
• Rubber Powder
• Others

Tire Recycling Downstream Product Market by Recycling Technique [Shipment Analysis by Value from 2018 to 2030]:

• Pyrolysis
• Shredding

Tire Recycling Downstream Product Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Cement Manufacturing
• Pulp & Paper Mills
• Utility Boilers
• Construction & Infrastructure
• Sports Complex & Play Grounds
• Tire & Rubber
• Others

Tire Recycling Downstream Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Tire Recycling Downstream Product Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tire recycling downstream product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tire recycling downstream product companies profiled in this report include-

• Liberty Tire Recycling
• Ragn-Sells
• ResourceCo
• Lakin Tire West
• L & S Tire Company
• Probio Energy
• Renelux Cyprus
• Globarket Tire Recycling
• Emanuel Tire
• Tire Disposal & Recycling

Tire Recycling Downstream Product Market Insights

Lucintel forecasts that rubber powder is expected to witness the highest growth over the forecast period as it can repurposed, reworked, or manually fashioned into new goods.

Within this market, construction & infrastructure is expected to witness the highest growth due to rising demand for high-performance road construction materials so as to avoid cracks and holes.

APAC is expected to witness highest growth over the forecast period due to growing industrialization and urbanization in developing economies like China and India.

Features of the Global Tire Recycling Downstream Product Market

Market Size Estimates: Tire recycling downstream product market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Tire recycling downstream product market size by product, recycling technique, end use, and region in terms of value ($B).

Regional Analysis: Tire recycling downstream product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, recycling techniques, end uses, and regions for the tire recycling downstream product market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tire recycling downstream product market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the tire recycling downstream product market size?

Answer: The global tire recycling downstream product market is expected to reach an estimated $5.5 billion by 2030.

Q2. What is the growth forecast for tire recycling downstream product market?

Answer: The global tire recycling downstream product market is expected to grow with a CAGR of 3.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the tire recycling downstream product market?

Answer: The major drivers for this market are increasing demand for high performance road construction materials, growing trend of scrap tires, and rising awareness towards the benefits of tire recycling.

Q4. What are the major segments for tire recycling downstream product market?

Answer: The future of the tire recycling downstream product market looks promising with opportunities in the cement manufacturing, pulp & paper mill, utility boiler, construction & infrastructure, sports complex & play ground, and tire & rubber markets.

Q5. Who are the key tire recycling downstream product market companies?

Answer: Some of the key tire recycling downstream product companies are as follows.

• Liberty Tire Recycling
• Ragn-Sells
• ResourceCo
• Lakin Tire West
• L & S Tire Company
• Probio Energy
• Renelux Cyprus
• Globarket Tire Recycling
• Emanuel Tire
• Tire Disposal & Recycling

Q6. Which tire recycling downstream product market segment will be the largest in future?

Answer: Lucintel forecasts that rubber powder is expected to witness the highest growth over the forecast period as it can repurposed, reworked, or manually fashioned into new goods.

Q7. In tire recycling downstream product market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing industrialization and urbanization in developing economies like China and India.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the tire recycling downstream product market by product (tire-derived fuel, tire-derived aggregate, rubber mulch, steel, rubber powder, and others), recycling technique (pyrolysis and shredding), end use (cement manufacturing, pulp & paper mills, utility boilers, construction & infrastructure, sports complex & play grounds, tire & rubber, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?