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Recycled Elastomers Market to Hit $19.24 Billion by 2030 - Exclusive Research Report by Arizton
Recycled Elastomers Market Research Report by Arizton
Looking for More Information? Click: [https://www.arizton.com/market-reports/recycled-elastomers-market]
Report Scope:
Market Size (2030): $19.24 Billion
Market Size (2024): $10.75 Billion
CAGR (2024-2030): 10.19%
Historic Year:2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Material Type, Synthetic Type, Thermoset, Thermoplastic, Application, and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
Market Overview
The global recyclable elastomers market is experiencing significant growth, driven by increasing demand for sustainable polymer materials across industries and rising environmental awareness. Regulatory initiatives, such as the EU's REACH regulation limiting harmful substances, are encouraging manufacturers to adopt greener alternatives. Key players like BASF and Avient Corporation are advancing sustainable solutions, with BASF expanding production in Asia and Avient launching recycled-content elastomers for automotive applications. The Asia-Pacific region, supported by strong manufacturing capabilities, is a major contributor to market growth. However, challenges such as fluctuating raw material prices and competition from alternative eco-friendly materials continue to impact market dynamics.
Recent Developments in the Global Recycled Elastomers Market
* In 2023, KRAIBURG TPE launched its environmentally friendly THERMOLAST R TPE series. This series contains up to 35% post-consumer recycled material with the proportion varying based on hardness.
* In 2023, Avient Corporation launched its two new reSound REC recycled content TPEs designed for car interior applications and incorporating post-consumer recycled materials.
* In 2024, Michelin invested 200 million euros in a new recycling plant in France. This plant can recycle 100,000 tons of tires per year which produces recycled elastomers for use in new tire production.
Rising Demand for Synthetic Recycled Elastomers Across Key Industries
Synthetic recycled elastomers are aqueous dispersions of petroleum-based polymers produced in laboratory settings. These materials offer key advantages such as flexibility, high strength, and water resistance, making them ideal for a wide range of industrial applications. They closely mimic the properties of natural elastomers but come at a lower cost, contributing to their growing popularity.
In the construction sector, synthetic recycled elastomers are extensively used in products like adhesives, sealants, and paints to enhance durability, improve binding, and prevent surface cracking. This demand is further supported by robust government policies promoting residential development and the increasing need for larger commercial infrastructure.
The automotive industry also plays a critical role in the market's expansion. Synthetic elastomers are used to treat cords and fabrics in high-performance belts and other components such as O-rings. Factors like rising consumer purchasing power, the expansion of the logistics sector, and broader automotive growth are driving demand for these elastomer-based parts, further propelling market growth.
Tariff War Analysis - A Strategic Overview
The global trade war intensified in April 2025 following U.S. President Donald Trump's imposition of new tariffs, dubbed "reciprocal tariffs," targeting imports from approximately 90 countries. Initially set at a baseline 10% across all imports, some countries, notably China, faced significantly higher duties-reaching 104% and later escalating to 245% by April 16. In retaliation, China imposed a 125% tariff on U.S. goods. While a 90-day pause on the broader reciprocal tariffs was announced on April 9, the 10% baseline remained in effect, except for China. The mounting tariffs have raised fears of global economic downturns and highlight the risks of escalating protectionism and disrupted trade relations.
Looking for More Information? Click: [https://www.arizton.com/market-reports/recycled-elastomers-market]
Key Company Profiles
* BASF SE
* Eastman Chemical Company
* Genan Holding Ltd.
* GRP LTD
* Kraton Corporation
* Audia Elastomers
* Green Source Holdings
* Dow, Inc.
* Emanuel Tire LLC
* ExxonMobil
* Hexpol TPE
* J. Allcock & Sons Ltd
* Kraiburg TPE
* Liberty Tier Recycling, LLC
* Kuraray Co., Ltd
* Mitsubishi Chemical Advanced Materials
* Monmouth Rubber & Plastics
* RTP Company
* Rubberfrom Recycled Products, LLC
* Green Rubber Global Ltd
* Texnor Apex Company
* Tire Disposal & Recycling
* Versalis S.p.A.
* Avient Corporation
* Zeon Corporation
* Green Dot Bioplastics
* DPL Group
Market Segmentation
Material Type
* Synthetic
* Natural
Synthetic Type
* Thermoset
* Thermoplastic
Thermoset
* Recycled Rubber
* Recycled Polyurethane
* Other Thermosets
Thermoplastic
* Styrenic Block Copolymers (SBC)
* Thermoplastic Polyurethane (TPU)
* Thermoplastic Vulcanizate (TPV)
* Other Thermoplastics
Application
* Automotive
* Industrial
* Healthcare
* Packaging
* Construction
* Consumer Goods
* Other Applications
Geography
APAC
* China
* Japan
* India
* South Korea
* Australia
* Indonesia
North America
* The U.S.
* Canada
Europe
* Germany
* The U.K.
* France
* Italy
* Spain
* Sweden
Latin America
* Brazil
* Mexico
* Argentina
* Chile
Middle East & Africa
* UAE
* Saudi Arabia
* South Africa
* Turkey
Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the recycled elastomers market. Request for Free Sample to get a glance of the report now: [https://www.arizton.com/market-reports/recycled-elastomers-market]
What Key Findings Will Our Research Analysis Reveal?
How big is the global recycled elastomers market?
Who are the key players in the global recycled elastomers market?
What are the significant trends in the recycled elastomers market?
What is the growth rate of the global recycled elastomers market?
Which region dominates the global recycled elastomers market share?
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Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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