Tire Recycling Market Size- By Product, By Application, By Process- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER Market Research, 'Tire Recycling Market Size- By Product, By Application, By Process- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Tire Recycling Market is predicted to reach USD 18.78 billion by 2033 with a CAGR of 3.52%.

Tyre recycling is the process of turning used and trash tyres into fuel obtained from tyres, pyrolysis oil, and other rubber products. Additionally, a number of small-scale entrepreneurs recycle used tyres to create other beneficial items like planters for planting trees in parks and drinking water tanks for animals. Retreading and repairing worn tyres for future usage is also included. The tire's carbon impact is decreased through recycling, which provides the tyre a new purpose.

Furthermore, like many other industries, the global tyre recycling market was impacted by the COVID-19 pandemic. There was a brief decrease in the output of tyre waste due to manufacturing and sales disruptions in the automobile sector. But the epidemic also brought attention to the significance of environmentally friendly waste management techniques, promoting a stronger focus on the ideas of the circular economy and hastening the uptake of tyre recycling technologies.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Product, By Application, By Process

Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered: Apollo Tyres Ltd, Champlin Tire Recycling, Inc, Contec, Continental AG, Emanuel Tire, Green Distillation Technologies Corporation LTD., Liberty Tire Services LLC (Lakin Tire), Michelin Group S.A.

Market Segmentation

By Product: Based on the Product, Global Tire Recycling Market is segmented as; Crumbed Rubber, Refurbished Commercial Vehicle Tires, Tire Derived Fuel, Others.

By Process: Based on the Process, Global Tire Recycling Market is segmented as; Pyrolysis, Refurbishing, Reconditioning, Retreading, Shredding.

Product Code: CHEM23109

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Tire Recycling Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Tire Recycling Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Tire Recycling Market

7. Global Tire Recycling Market, By Product (USD Million)

7.1. Global Tire Recycling Market Value Share and Forecast, By Product, 2023-2033
7.2. Crumbed Rubber
7.3. Refurbished Commercial Vehicle Tires
7.4. Tire Derived Fuel
7.5. Others

8. Global Tire Recycling Market, By Application (USD Million)

8.1. Global Tire Recycling Market Value Share and Forecast, By Application, 2023-2033
8.2. Agriculture
8.3. Automotive
- 8.3.1. New tire manufacturing
- 8.3.2. Refurbished tires
8.4. Construction
- 8.4.1. Asphalt
- 8.4.2. Road construction
- 8.4.3. Roofing solutions
8.5. Manufacturing
- 8.5.1. Cement manufacturing
- 8.5.2. Industrial boilers
- 8.5.3. Paper and pulp industry
8.6. Mining
8.7. Rubber Products
- 8.7.1. Automotive parts manufacturing
- 8.7.2. Gardening products
- 8.7.3. Gym equipment
- 8.7.4. Sound barrier systems
- 8.7.5. Tuffs
- 8.7.6. Other
8.8. Others

9. Global Tire Recycling Market, By Process (USD Million)

9.1. Global Tire Recycling Market Value Share and Forecast, By Process, 2023-2033
9.2. Pyrolysis
9.3. Refurbishing
- 9.3.1. Reconditioning
- 9.3.2. Retreading
9.4. Shredding

10. Global Tire Recycling Market Forecast, 2019-2033 (USD Million)

10.1. Global Tire Recycling Market Size and Market Share

11. Global Tire Recycling Market, By Product, 2019-2033 (USD Million)

11.1. Global Tire Recycling Market Size and Market Share By Product (2019-2026)
11.2. Global Tire Recycling Market Size and Market Share By Product (2027-2033)

12. Global Tire Recycling Market, By Application, 2019-2033 (USD Million)

12.1. Global Tire Recycling Market Size and Market Share By Application (2019-2026)
12.2. Global Tire Recycling Market Size and Market Share By Application (2027-2033)

13. Global Tire Recycling Market, By Process, 2019-2033 (USD Million)

13.1. Global Tire Recycling Market Size and Market Share By Process (2019-2026)
13.2. Global Tire Recycling Market Size and Market Share By Process (2027-2033)

14. Global Tire Recycling Market, By Region, 2019-2033 (USD Million)

14.1. Global Tire Recycling Market Size and Market Share By Region (2019-2026)
14.2. Global Tire Recycling Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
- 14.3.1. Australia
- 14.3.2. China
- 14.3.3. India
- 14.3.4. Japan
- 14.3.5. South Korea
- 14.3.6. Rest of Asia-Pacific
14.4. Europe
- 14.4.1. France
- 14.4.2. Germany
- 14.4.3. Italy
- 14.4.4. Spain
- 14.4.5. United Kingdom
- 14.4.6. Rest of Europe
14.5. Middle East and Africa
- 14.5.1. Kingdom of Saudi Arabia
- 14.5.2. United Arab Emirates
- 14.5.3. Rest of Middle East & Africa
14.6. North America
- 14.6.1. Canada
- 14.6.2. Mexico
- 14.6.3. United States
14.7. Latin America
- 14.7.1. Argentina
- 14.7.2. Brazil
- 14.7.3. Rest of Latin America

15. Company Profile

15.1. Apollo Tyres Ltd
- 15.1.1. Company details
- 15.1.2. Financial outlook
- 15.1.3. Product summary
- 15.1.4. Recent developments
15.2. Champlin Tire Recycling, Inc.
- 15.2.1. Company details
- 15.2.2. Financial outlook
- 15.2.3. Product summary
- 15.2.4. Recent developments
15.3. Contec
- 15.3.1. Company details
- 15.3.2. Financial outlook
- 15.3.3. Product summary
- 15.3.4. Recent developments
15.4. Continental AG
- 15.4.1. Company details
- 15.4.2. Financial outlook
- 15.4.3. Product summary
- 15.4.4. Recent developments
15.5. Emanuel Tire LLC
- 15.5.1. Company details
- 15.5.2. Financial outlook
- 15.5.3. Product summary
- 15.5.4. Recent developments
15.6. Entech Inc.
- 15.6.1. Company details
- 15.6.2. Financial outlook
- 15.6.3. Product summary
- 15.6.4. Recent developments
15.7. Genan Holdings A/S
- 15.7.1. Company details
- 15.7.2. Financial outlook
- 15.7.3. Product summary
- 15.7.4. Recent developments
15.8. Green Distillation Technologies Corporation LTD
- 15.8.1. Company details
- 15.8.2. Financial outlook
- 15.8.3. Product summary
- 15.8.4. Recent developments
15.9. Liberty Tire Services LLC
- 15.9.1. Company details
- 15.9.2. Financial outlook
- 15.9.3. Product summary
- 15.9.4. Recent developments
15.10. Michelin Group S.A.
- 15.10.1. Company details
- 15.10.2. Financial outlook
- 15.10.3. Product summary
- 15.10.4. Recent developments
15.11. Re-Match Holding A/S
- 15.11.1. Company details
- 15.11.2. Financial outlook
- 15.11.3. Product summary
- 15.11.4. Recent developments
15.12. reRubber, LLC
- 15.12.1. Company details
- 15.12.2. Financial outlook
- 15.12.3. Product summary
- 15.12.4. Recent developments
15.13. Tire Disposal & Recycling Inc.
- 15.13.1. Company details
- 15.13.2. Financial outlook
- 15.13.3. Product summary
- 15.13.4. Recent developments
15.14. Tyre Recycling Solutions SA
- 15.14.1. Company details
- 15.14.2. Financial outlook
- 15.14.3. Product summary
- 15.14.4. Recent developments
15.15. Wastefront AS
- 15.15.1. Company details
- 15.15.2. Financial outlook
- 15.15.3. Product summary
- 15.15.4. Recent developments
15.16. Others