Press release
Recycled Elastomer Market Size By Raw Material, Application, Industry Analysis, Regional Outlook, 2025, Genan Holding, Liberty Tire Recycling, Klean Industries
Recycled Elastomer Market
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The application segment in recycled elastomer market is segregated into medical, agriculture, sports product, playground surfaces, infrastructure, home & garden and others. Among these, playground surfaces will show the significant growth across the entire segment with a CAGR projection of around 10% in coming years. Extensive usage of the product for flooring purpose in playgrounds and parks due to superior abrasion and heat and water-resistant characteristics.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. GRP Ltd.
2. Liberty Tire Recycling
3. American Tire Recycling
4. West Coast Rubber Recycling
5. Monmouth Rubber & Plastics Corp.
6. J.Allcock & Sons Limited
7. RubberForm Recycled Products LLC.
8. American Recycling Center
9. Green Rubber One Sdn. Bsd.
10. Austin Rubber Company LLC
11. Klean Industries
12. Genan Holding
13. Rubbergreen
14. Entech Inc.
15. Emanuel Tire Co.
Based on region, North America and Europe will collectively hold more than 30% of the entire industry. Significant rise in personal income along with changes in living standards will supplement the sports products and infrastructure sectors. This will further augment the recycled rubber demand in these regions.
Substantial development in road construction sector in emerging economies owing to the surge in automotive & transportation industry will subsequently boost the entire recycled elastomer market demand in forecast period as the product is widely used as an asphalt binder or an additive in modified bitumen for the formation of durable roads. Significant FDI inflows in Asia Pacific region coupled with various initiatives taken by the government such as one belt one road plan, rural road linking with transport network will further bolster the entire road construction industry. The aforementioned trend is expected to follow in the near future as well and will positively influence the global recycled elastomer market demand in forecast timeframe.
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Around 75% of the recycled rubber is generated from the scrap tires and currently these tires are widely used as a source of energy in various industries include cement, steel, etc. rather than recycling. This will be act as a key hindering factor for the overall recycled elastomer market growth by 2024 due to competition in raw material availability.
Table Of Content For This Research Report:
Chapter 5. Recycled Elastomer Market, By Application
5.1. Global recycled elastomer market application insights
5.2. Medical
5.2.1. Recycled Elastomer Market estimates and forecast, 2014 - 2025
5.2.2. Recycled Elastomer Market estimates and forecast, by region, 2014 - 2025
5.3. Agriculture
5.3.1. Recycled Elastomer Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast, by region, 2014 - 2025
5.4. Sports product
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast, by region, 2014 - 2025
5.5. Playground surfaces
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast, by region, 2014 - 2025
5.6. Infrastructure
5.6.1. Market estimates and forecast, 2014 - 2025
5.6.2. Market estimates and forecast, by region, 2014 - 2025
5.7. Home & garden
5.7.1. Market estimates and forecast, 2014 - 2025
5.7.2. Market estimates and forecast, by region, 2014 - 2025
5.8. Others (pool, etc.)
5.8.1. Market estimates and forecast, 2014 - 2025
5.8.2. Market estimates and forecast, by region, 2014 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/recycled-elastomers-market
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