Press release
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
๐๐๐๐ฅ๐๐ข๐ฆ๐๐ ๐๐ฎ๐๐๐๐ซ ๐๐ซ๐จ๐ฆ ๐๐๐ฏ๐ฎ๐ฅ๐๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: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.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
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.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
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.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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:
โข Rubberlink
โข Tyromer Inc.
โข Austin Rubber Company
โข Arduro Regen RBR
โข Polylema
โข Dolphin Rubbers Ltd
โข Circular Rubbers Technologies Inc
โข Toyoda Gosei Co., Ltd.
โข Rubber Conversion Srl
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market/inquire-before-buying
๐๐๐๐ฅ๐๐ข๐ฆ๐๐ ๐๐ฎ๐๐๐๐ซ ๐๐ซ๐จ๐ฆ ๐๐๐ฏ๐ฎ๐ฅ๐๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข 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.
โข 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.
โข In 2023, North America dominated the global reclaimed rubber from devulcanization market due to a government effort to achieve sustainability goals.
โข 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.
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
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)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/reclaimed-rubber-from-devulcanization-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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)
โข Synthetic Rubber
โข Natural Rubber
Reclaimed Rubber from Devulcanization Market, Applications Outlook (Revenue - USD Million, 2020-2034)
โข Automotive & Aircraft Tires
โข Cycle Tires
โข Retreading
โข Belts & Hoses
โข Footwear
โข Molded Rubber Goods
โข Others
Reclaimed Rubber from Devulcanization Market, Form Outlook (Revenue - USD Million, 2020-2034)
โข Powder
โข Sheet
โข Other
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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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