Press release
3 Key Insights on Competitive Landscape in Global Reclaimed Rubber Market: Ken Research
Country-Niche Players Dominate the Reclaimed Rubber Market, Despite the Presence of ~200 Competitors Comprising a Significant Number of Global and Regional Players, finds a recent market study on the Global Reclaimed Rubber Market by Ken ResearchReclaimed rubber is a material manufactured from or waste rubber, through the softening and plasticizing process. Reclaiming is a process in which rubber waste is converted, using mechanical and chemical processes into a state in which it can be mixed, processed, and vulcanized again. Reclaimed rubber is used in tires, inner tubes, tire lining, retreading, belting, adhesives, mastics, footwear, sheeting, matting, belting, and others.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
Country-Niche Players Held the Largest Market Share, Comprising 60% in terms of the Total Number of Competitors
Competitive Analysis by the research study found that the global reclaimed rubber market is moderately competitive with ~200 players which include country-niche players, regional players as well as a significant number of globally diversified players, deals in manufacturing and selling specific applications of reclaimed rubbers. The large global players even though comprise about 10% in terms of the number of companies, hold a significant portion of the market revenue share followed by country-niche players which account for a substantial chunk of the market revenue. Most of the players are having their headquarters in the Asia Pacific region.
For More Detail @ https://www.kenresearch.com/business-research/global-reclaimed-rubber-market-outlook-2028/
Major Number of Players Deals in Specialist Business in Global Reclaimed Rubber Market. The Players Offer Product Such as Natural, EPDM, and Whole Tire Reclaimed Rubber.
Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of reclaimed rubber products catering to various applications under the tire and non-tire application such as inner liners, inner tubes, adhesives, roofing, moulded goods, tire piles, conveyor belts, footwear, matting, and others. All leading competitors have a strong presence in the global reclaimed rubber market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand of end-users.
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDI1
Increased Adoption Of Reclaimed Rubber Globally Leading To Major Industry-Wide Developments, Acquisitions, Collaborations
As per India's Extended Producer Responsibility (EPR), after 2024-25, the EPR obligation will be 100% of the quantity of new tires manufactured/imported in the year.
BlackCycle project funded by Horizon 2020, officially launched in May 2020. The project aims to enable a massive circular economy of tires. The project will design world-first processes to make new tires from end-of-life tires.
Related Report
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/reclaimed-rubber-market/500653-101.html
https://www.kenresearch.com/business-research/global-biodegradable-plastics-market-outlook-2028/
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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