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Reclaimed Rubber Market is anticipated to grow from USD 1521.86 million in 2024 to USD 3351.07 million by 2032

05-27-2024 02:46 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Reclaimed Rubber Market

Reclaimed Rubber Market

The global reclaimed rubber market is poised to grow at a healthy compound annual growth rate (CAGR) of 10.4% during the forecast period from 2024 to 2032. The market was valued at USD 1380.00 million in 2023 and is projected to grow to USD 3351.07 million by 2032.

The extensive usage of the product in various end-use applications like automobiles, footwear and adhesives drives the market demand. Besides, the rising emphasis on recycling rubber to improve sustainability factor supports the expansion of the industry. 

𝐁𝐞 𝐀𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐅𝐢𝐫𝐬𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐎𝐮𝐫 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-market/request-for-sample

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Reclaimed rubber, also known as crumb rubber, is recycled rubber produced from offcut or waste rubber. There are various types of reclaim rubber, including butyl reclaim rubber, whole tire reclaimed rubber, EPDM reclaimed rubber and NR tube reclaimed rubber.

To get reclaimed rubber, the offcut rubber is passed through a multi-step production process, which encompasses various steps like sorting, crumbing, de-polymerization, refining and testing. This rubber type is comparatively less expensive than the natural or synthetic rubber alternatives.

That way, consumers can save costs without compromising the quality. Also, the consistent quality of the rubber means it can be used for various tire and non-tire applications. Furthermore, it's environmentally friendly to use reclaimed rubber as it lowers rubber and tire waste. 

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The global reclaimed rubber market is characterized by intense competition. The industry has the presence of both established players and new entrants. The major industry participants focus on strategic initiatives to drive business growth. Among the major industry players include:

Rolex Reclaim Pvt. Ltd.
Allcock & Sons
Sun Exims (India) Pvt. Ltd.
Star Polymers
GRP (Gujarat Reclaim & Rubber Product Ltd.)
Genan, Huxar Reclamation
Titan International Ltd.
Swani Rubber Industries
Balaji Rubber Reclaim.

𝐒𝐞𝐜𝐮𝐫𝐞 𝐎𝐮𝐫 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲: https://www.polarismarketresearch.com/buy/382/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The global reclaimed rubber industry is primarily segmented on the basis of products and applications. Based on product analysis, the WTR segment is anticipated to be the largest product segment in the market. Besides, the EPDM segment is expected to showcase robust growth owing to its properties like enhanced speed extrusion and high ozone resistance. Based on application analysis, the automotive & aircraft tires segment is expected to be the largest segment in the reclaimed rubber market. 

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

Reclaimed Rubber Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2026)

North America
U.S.
Canada
Europe
Germany
UK
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE

𝐃𝐢𝐯𝐞 𝐃𝐞𝐞𝐩 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-market
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐎𝐮𝐫 𝐓𝐨𝐩 𝐑𝐞𝐩𝐨𝐫𝐭

𝐅𝐥𝐚𝐯𝐨𝐫𝐬 𝐀𝐧𝐝 𝐅𝐫𝐚𝐠𝐫𝐚𝐧𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/flavors-and-fragrances-market

𝐔𝐥𝐭𝐫𝐚-𝐡𝐢𝐠𝐡 𝐌𝐨𝐥𝐞𝐜𝐮𝐥𝐚𝐫 𝐖𝐞𝐢𝐠𝐡𝐭 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/ultra-high-molecular-weight-polyethylene-market

𝐇𝐚𝐫𝐝 𝐂𝐨𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/hard-coatings-market

𝐅𝐥𝐮𝐨𝐫𝐞𝐬𝐜𝐞𝐧𝐭 𝐏𝐢𝐠𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/fluorescent-pigment-market

𝐌𝐢𝐧𝐞𝐫𝐚𝐥 𝐖𝐨𝐨𝐥 𝐁𝐨𝐚𝐫𝐝 𝐈𝐧𝐬𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/mineral-wool-board-insulation-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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