Tire Recycling Market Major Factors Responsible for the Rapid Growth in the Coming Years

The tire recycling market size was valued at $5.12 billion in 2021, and is estimated to reach $7.32 billion by 2031, growing at a CAGR of 3.5% from 2022 to 2031. Tire recycling is a process of converting old tires in to useful products, such as fuel, rubber mulch, floorings and others. Commonly observed processes of tire recycling include pyrolysis and shredding. Among these, the shredding segment accounted for the largest tire recycling market share in 2021, owing to the high demand for fuel from manufacturing industry. The market is further segmented on the basis of products derived from tire recycling, which include crumb rubber, tire derived fuels, and others.

The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.

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Major Key Players of the Tire Recycling Market are:

APChemi, Big Atom Limited, Bridgestone Corporation, Champlin Tire Recycling, Continental AG, Emanuel Tire Co., Entech Inc., Genan Holding A/S, Green buddies, Green Distillation Technologies Corporation LTD, L&S Tire Co., Lakin General, Liberty Tire Services LLC, Michelin, Pyrum Innovations AG, Tire Disposal & Recycling Inc., Wastefront

Over the years, we have been administering market intelligence studies across an array of industries for organizations of different types such as profit & not-for-profit organizations, big-scale & large-scale organizations, and many more. We look at numerous aspects of internal & external business environment disturbing the growth stratagems of business ventures.

The global Tire Recycling report offers quantitative and qualitative analysis of the market from 2021 to 2030. The qualitative study emphasizes on the value chain analysis, pain point analysis, and key regulations.
• Value chain analysis: AMR offers a complete analysis of all the stages along with the key stakeholders functioning in every stage with their strategic decisions on board.
• Key regulations: Allied Market Research provides key regulations and standards for the Tire Recycling Market. The section also presents some of the regulatory documents of the product type.
• Pain point analysis: The report also offers insights on the key challenges faced by the stakeholders in the industry. The strategic decisions adopted by the market players to maintain their foothold in the market are also discussed through the report.

COVID-19 Impact Analysis on the global Tire Recycling:

The outbreak of the pandemic has had a huge impact across the globe, which impeded the socio-economic development. Therefore, the Tire Recycling Market report doles out a micro- and macro-economic assessment of the industry throughout the pandemic. The study further provides a qualitative breakdown of the impact of Covid-19 on the market.

Key Market Segments -

Product -
Tire Derived Fuel
Crumbed Rubber
Others

Application -
Manufacturing
Construction
Rubber Products
Others

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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Tire Recycling Market Size
2.2 Tire Recycling Market Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Tire Recycling Market Size by Manufacturers
3.2 Tire Recycling Market Key Players Head office and Area Served
3.3 Key Players Tire Recycling Market Product/Solution/Service
3.4 Date of Enter into Tire Recycling
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Tire Recycling Market Sales by Product
4.2 Global Tire Recycling Market Revenue by Product
4.3 Tire Recycling Market Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Tire Recycling Market Breakdown Data by End User

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