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Reclaimed Rubber from Devulcanization Market Set for Significant Growth, Expected to Reach USD 1,489.36 Million by 2034 with a Strong 10.0% CAGR

12-26-2024 10:57 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Reclaimed Rubber from Devulcanization Market Set

๐‘๐ž๐œ๐ฅ๐š๐ข๐ฆ๐ž๐ ๐‘๐ฎ๐›๐›๐ž๐ซ ๐Ÿ๐ซ๐จ๐ฆ ๐ƒ๐ž๐ฏ๐ฎ๐ฅ๐œ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The reclaimed rubber from devulcanization market size was valued at USD 577.36 million in 2024. It is projected to grow to USD 1,489.36 million by 2034, exhibiting a compound annual growth rate (CAGR) of 10.0% from 2025 to 2034.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Reclaimed rubber from devulcanization involves dismantling the sulfur bonds in vulcanized rubber (found in tires and various items) to retrieve its initial, reusable state. This procedure referred to as devulcanization, enhances the rubber's flexibility and facilitates its reprocessing. Subsequently, reclaimed rubber can be utilized to produce new items, minimizing waste and the demand for raw materials while fostering sustainability in sectors such as automotive, manufacturing, and construction.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— A rise in environmental sustainability initiatives from key industry players and regulatory authorities in significant nations fuels the growth of the reclaimed rubber market due to devulcanization.
โ— The industry uses rubber extensively, especially for manufacturing parts like tires. However, as the cost of new rubber materials increases, the industry is shifting its focus to recycled rubber.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

As the market expands, competition is expected to increase with the involvement of numerous businesses. Here is the list of the leading companies operating in the reclaimed rubber from devulcanization market:

โ€ข Rubberlink
โ€ข Tyromer Inc.
โ€ข Austin Rubber Company
โ€ข Arduro Regen RBR
โ€ข Polylema
โ€ข Dolphin Rubbers Ltd
โ€ข Circular Rubbers Technologies Inc
โ€ข Toyoda Gosei Co., Ltd.
โ€ข Rubber Conversion Srl

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market/inquire-before-buying

๐‘๐ž๐œ๐ฅ๐š๐ข๐ฆ๐ž๐ ๐‘๐ฎ๐›๐›๐ž๐ซ ๐Ÿ๐ซ๐จ๐ฆ ๐ƒ๐ž๐ฏ๐ฎ๐ฅ๐œ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข Based on form, the powder segment is anticipated to experience substantial growth with a significant CAGR in the global market during the forecast period. This growth is attributed to the versatility of its application in various sectors.
โ€ข The automotive & aviation tires segment, by application, accounted for the largest revenue share of the market in 2023 due to the high demand for tires because of the growing automotive and aviation industries.
โ€ข In 2023, North America dominated the global reclaimed rubber from devulcanization market due to a government effort to achieve sustainability goals.
โ€ข The reclaimed rubber from devulcanization market in India is projected for substantial growth owing to an increasing demand for rubber raw materials due to the rising number of small and mid-size manufacturing companies.

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The reclaimed rubber from devulcanization market is mainly segmented based on type, form, application, and region. Based on type analysis, the powder segment is anticipated to register the highest CAGR in the global market during the projection period because of its wide range of applications.

Moreover, according to the application analysis, the automotive and aircraft tires segment is anticipated to lead the global market during the projection period. The automotive and aviation industries are the largest users of rubber materials for producing shock-absorbing and tire parts.

Reclaimed Rubber from Devulcanization Market, Type Outlook (Revenue - USD Million, 2020-2034)
โ€ข Synthetic Rubber
โ€ข Natural Rubber

Reclaimed Rubber from Devulcanization Market, Applications Outlook (Revenue - USD Million, 2020-2034)
โ€ข Automotive & Aircraft Tires
โ€ข Cycle Tires
โ€ข Retreading
โ€ข Belts & Hoses
โ€ข Footwear
โ€ข Molded Rubber Goods
โ€ข Others

Reclaimed Rubber from Devulcanization Market, Form Outlook (Revenue - USD Million, 2020-2034)
โ€ข Powder
โ€ข Sheet
โ€ข Other

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Regenerated Cellulose Market:
https://www.polarismarketresearch.com/industry-analysis/regenerated-cellulose-market

Flexible Heater Market:
https://www.polarismarketresearch.com/industry-analysis/flexible-heater-market

Water Blocking Tapes Market:
https://www.polarismarketresearch.com/industry-analysis/water-blocking-tapes-market

Sulfuric Acid Market:
https://www.polarismarketresearch.com/industry-analysis/sulfuric-acid-market

Cable Blowing Equipment Market:
https://www.polarismarketresearch.com/industry-analysis/cable-blowing-equipment-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

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 PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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