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Reclaimed Rubber Market Leading Players, Emerging Technologies and Future Growth Study

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Pavan
Oct 07, 2021 13:04
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The reclaimed rubber market size is estimated to reach USD 6.53 billion by 2026 growing at a CAGR of 12.03% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Reclaimed Rubber Market, [By Product (WTR, Butyl Reclaim, EPDM, Drab & Colored), By Application (Automotive & Aircraft Tires, Cycle Tires, Retreading, Belts & Hoses, Footwear, Molded Rubber Goods), By Regions, Segments & Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, WTR segment dominated the market, in terms of revenue. In 2018, North America accounted for the majority share in the global market. 

The global reclaimed rubber market is primarily driven by the expanding automotive & aerospace industries. Rising natural rubber prices have also forced automobile manufacturers to shift towards products with lower processing costs and recyclable products or rubber blends. The industry is extensively driven by the demand of reclaimed rubber in tire industry 

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Asia Pacific is the largest regional market for the reclaimed rubber industry. The growth in the region is primarily due to the rapidly growing industrial manufacturing activities of the developing nations such as China, India, and the Southeast Asian countries. In addition to this, developed countries are likely to witness growth at below-average rates in comparison to the other regions across the globe. Europe and North America are also expected to witness considerable growth during the forecast period due to utilization of reclaimed rubber in large and rapidly growing automotive industry

Reclaimed Rubber Market 

The global reclaimed rubber market is highly competitive and moderately fragmented. It is also characterized by numerous small-scale industrial producers. Some of the key reclaimed rubber market players include Rolex Reclaim Pvt. Ltd., J. Allcock & Sons, Sun Exims (India) Pvt. Ltd., Star Polymers, GRP (Gujarat Reclaim & Rubber Product Ltd.), Genan, Huxar Reclamation, Titan International Ltd., Swani Rubber Industries, and Balaji Rubber Reclaim.

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Reclaimed Rubber Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)

  • WTR
  • Butyl Reclaim
  • EPDM
  • Drab & Coloured
  • Others

Reclaimed Rubber Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)

  • Automotive & Aircraft Tires
  • Cycle Tires
  • Retreading
  • Belts & Hoses
  • Footwear
  • Molded Rubber Goods
  • Others

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises 

Contact Us:

Polaris Market Research

Phone: 1–646–568–9980

Email: [email protected]

Web: www.polarismarketresearch.com

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