PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625450
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625450
The global reclaimed rubber from devulcanization market size is expected to reach USD 1,489.36 million by 2034, according to a new study by Polaris Market Research. The report "Reclaimed Rubber from Devulcanization Market Size, Share, Trends, Industry Analysis Report: By Type, Form (Powder, Sheets and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The reclaimed rubber from devulcanization market growth is driven by ongoing advancements in devulcanization technology and machinery. Innovations aimed at making rubber recycling more cost-effective attract a greater number of consumers. For instance, in 2021, REP introduced a high-shear mixer designed for the devulcanization of rubber, which also facilitates the production of various types of rubber from uncontaminated waste. This new technology offers several advantages that could positively impact the target market. Key benefits include reduced production costs, as the process minimizes expenses related to logistics and waste collection. Additionally, the cost of producing rubber raw material per kilogram is lower with this advanced equipment. By lowering operational costs and improving the recycling process, these technological advancements are set to expand the adoption of recycled rubber and contribute to the market growth.
The growth of the global automotive industry, driven by rising disposable incomes, boosts the reclaimed rubber from devulcanization market growth. The automotive sector is a major consumer of rubber, primarily for tire production, which is likely to increase demand for recycled rubber materials in the sector. As the cost of new rubber continues to rise, there is a growing preference for recycled alternatives, further fueling the demand for devulcanized rubber. According to Invest India, India produced a total of 28.43 million vehicles, including two-wheelers and four-wheelers, during 2023-2024. Of this production, 4.5 million vehicles were exported. Moreover, between March 2023 and March 2024, the export of passenger vehicles rose from 6.2 million to 6.7 million. This robust growth in vehicle production and exports underscores the expanding automotive market and highlights the increasing need for recycled rubber materials to meet industry demands.
The automotive and aviation sectors are the biggest consumers of reclaimed rubbers due to the growing demand for automobiles worldwide. Increasing globalization has increased the demand for smooth flight operations. Therefore, the use of tires has increased, which is anticipated to benefit the reclaimed rubber from devulcanization market positively.
Based on form, the powder segment is anticipated to experience substantial growth with a significant CAGR in the global market during the forecast period. This growth is attributed to the versatility of its application in various sectors.
The automotive & aviation tires segment, by application, accounted for the largest revenue share of the market in 2023 due to the high demand for tires because of the growing automotive and aviation industries.
In 2023, North America dominated the global reclaimed rubber from devulcanization market due to a government effort to achieve sustainability goals.
The reclaimed rubber from devulcanization market in India is projected for substantial growth owing to an increasing demand for rubber raw materials due to the rising number of small and mid-size manufacturing companies.
Rubberlink; Tyromer Inc.; Austin Rubber Company; Arduro Regen RBR; Polylema; Dolphin Rubbers Ltd; Circular Rubbers Technologies Inc; Toyoda Gosei Co., Ltd.; and Rubber Conversion Srl are among the global key market players.
Polaris Market Research has segmented the reclaimed rubber from devulcanization market report based on type, form, application and region:
Table 1 Global Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 2 Global Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 3 Global Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 4 North America: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 5 North America: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 6 North America: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 7 U.S.: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 8 U.S.: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 9 U.S.: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 10 Canada: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 11 Canada: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 12 Canada: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 13 Europe: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 14 Europe: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 15 Europe: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 16 UK: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 17 UK: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 18 UK: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 19 France: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 20 France: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 21 France: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 22 Germany: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 23 Germany: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 24 Germany: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 25 Italy: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 26 Italy: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 27 Italy: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 28 Spain: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 29 Spain: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 30 Spain: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 31 Netherlands: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 32 Netherlands: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 33 Netherlands: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 34 Russia: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 35 Russia: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 36 Russia: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 37 Rest of Europe: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 38 Rest of Europe: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 39 Rest of Europe: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 40 Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 41 Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 42 Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 43 China: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 44 China: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 45 China: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 46 India: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 47 India: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 48 India: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 49 Malaysia: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 50 Malaysia: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 51 Malaysia: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 52 Japan: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 53 Japan: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 54 Japan: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 55 Indonesia: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 56 Indonesia: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 57 Indonesia: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 58 South Korea: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 59 South Korea: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 60 South Korea: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 61 Australia: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 62 Australia: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 63 Australia: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 64 Rest of Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 65 Rest of Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 66 Rest of Asia Pacific: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 67 Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 68 Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 69 Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 70 Saudi Arabia: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 71 Saudi Arabia: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 72 Saudi Arabia: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 73 UAE: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 74 UAE: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 75 UAE: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 76 Israel: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 77 Israel: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 78 Israel: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 79 South Africa: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 80 South Africa: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 81 South Africa: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 82 Rest of Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 83 Rest of Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 84 Rest of Middle East & Africa: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 85 Latin America: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 86 Latin America: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 87 Latin America: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 88 Mexico: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 89 Mexico: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 90 Mexico: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 91 Brazil: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 92 Brazil: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 93 Brazil: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 94 Argentina: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 95 Argentina: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 96 Argentina: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
Table 97 Rest of Latin America: Reclaimed Rubber from Devulcanization Market, by Type, 2020-2034 (USD million)
Table 98 Rest of Latin America: Reclaimed Rubber from Devulcanization Market, by Form, 2020-2034 (USD million)
Table 99 Rest of Latin America: Reclaimed Rubber from Devulcanization Market, by Application, 2020-2034 (USD million)
List of Figures:
Figure 1. Global Reclaimed Rubber from Devulcanization Market, 2020-2034 (USD million)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Type
Figure 7. Global Reclaimed Rubber from Devulcanization Market, by Type, 2024 & 2034 (USD million)
Figure 8. Market by Form
Figure 9. Global Reclaimed Rubber from Devulcanization Market, by Form, 2024 & 2034 (USD million)
Figure 10. Market by Application
Figure 11. Global Reclaimed Rubber from Devulcanization Market, by Application, 2024 & 2034 (USD million)