The Tire Recycling market size was USD 6.00 Billion in 2023 and is expected to reach USD 8.21 Billion by 2032 and grow at a CAGR of 3.55 % over the forecast period of 2024-2032. The tire recycling market report provides an in-depth analysis of recycled tire output and utilization by country and type, highlighting production trends in 2023. It examines pricing trends for recycled rubber, carbon black, and steel wires across regions, alongside the regulatory landscape and government policies impacting the industry. The report also covers environmental impact metrics, including emission reduction and waste diversion rates, while assessing technological advancements in pyrolysis, devulcanization, and recycling processes. Additionally, it explores the market penetration of recycled tire-derived products across various industries, offering a data-driven perspective on the industry's growth and sustainability initiatives.
Drivers
Rising Demand for recycled rubber and tire-derived products which drives market growth.
Increasing consumption of recycled rubber and products based on tire-derived material is one of the key factors expected to drive the growth of the global tire recycling market during the forecast period, across various industries. Due to its cost-effectiveness and sustainability benefits, recycled rubber is gaining momentum in applications in the construction, automotive, and sports sectors. It is incorporated in several products and is commonly used in various facilities such as crumb rubber, rubber mulch, and restored rubber for road surfaces, play areas, and commercial use. TDF is finding its way into cement kilns, paper mills, and power plants as a one-third-cheaper, high-heat alternative to fossil fuels. In the growing climate of circular economy and environmental sustainability, and with landfill avoidance high on the agenda for industries and governments, the situation finds a further positive boost as demand for recycled tire materials drives resource efficiency.
Restraint
High initial investment and processing costs which may hamper the market growth.
Due to extremely high initial investment and processing costs, the global tire recycling market is facing a serious challenge to its growth. The cost of production base, land, and machinery, including shredders, granulators, pyrolysis machines, etc. are vast amounts of capital needed for a recycling facility. Plus, with energy bills, wages, and upkeep, operating costs also compound financial pressure. These costs often hamper entry into the market, particularly for small and medium-sized enterprises (SMEs). Furthermore, adhering to environmental regulations and waste management standards increases the cost as companies need to implement emission control systems and sustainable disposal practices. Such financial barriers may delay new entrants in the market and consequently slow down the tire recycling market growth.
Opportunity
Growing adoption of recycled carbon black (RCB) in manufacturing creates an opportunity in the market.
The tire recycling market is the increasing use of recycled carbon black (RCB) for manufacturing, which is providing strong opportunities for growth. With the transition of industries to sustainable raw materials, recycled carbon black (RCB) is gaining traction as a lower-cost, environmentally friendly alternative to virgin carbon black, which is also fossil-based. More tire, plastics, coatings, and ink manufacturers are using RCB in their production processes to reduce carbon emissions without compromising end-product competitiveness. Moreover, stringent environmental regulations and increasing prices of crude oils are compelling the companies to replace them with sustainable alternatives, thereby, propelling the RCB demand. As pyrolysis technology continues to evolve and enhances the properties and regularity of RCB, its adoption will widen, opening new profitable opportunities to tire recyclers and producers investing in sustainable practices.
Challenges
Lack of efficient collection and sorting systems may challenge the market growth.
This hampers the expansion of the tire recycling market considerably due to the absence of organized collection or segregation systems. In many areas, existing infrastructure is poorly organized, systemic collection, transportation, and sorting of end-of-life tires (ELTs) and should be considered as a hindrance to the recycling process. The inconsistency of supply chains leads to heaps of used tires being stockpiled, illegal throwing, and landfills, which raises additional environmental issues. Sparked by improper sorting, contaminants have compromised the quality of products ranging from crumb rubber to recycled carbon black and tire-derived fuel (TDF). Recyclers struggle to maintain a steady supply of quality raw materials without standardized collection supply chains and government-backed recycling programs. This challenge needs enabling through investments in logistics infrastructure, automated sorting technologies, and waste management policies to make tire recycling more efficient and to expand the market.
By Product
Rubber held the largest market share around 38% in 2023. It is owing to its widespread use in various sectors such as automotive, building & construction, sports, manufacturing, and tire industries. The most common forms of recycled rubber include crumbs rubber, rubberized asphalt, flooring products, playgrounds, and molded rubber products produced from end-of-life tires (ELTs). Reinforced concrete is a versatile and relatively inexpensive building material with significant resistance to surface damage, making it popular in many infrastructure and industrial applications. Moreover, increasing focus on sustainability and circular economy practices have driven the demand for recycled rubber, which is also seen as a sustainable substitute for rubber. Along with that, government initiatives such as subsidies to promote the recycling of tires coupled with growing demand for sustainable raw materials from the automotive sector, and the construction industry play a key role in rubber's dominance.
By Application
Building & Construction held the largest market share around 42% in 2023. It is reused tire materials are extensively used in infrastructure projects. Rubberized asphalt, roofing materials, insulation, flooring, and soundproofing applications, for example, use recycled rubber due to its durability, flexibility, and low cost. The rising focus on environmental protection is prompting governments across the globe to encourage sustainable construction and developing green infrastructure, which is expected to proliferate pump-up for tire-derived products. Moreover, rubberized asphalt improves road performance, reduces maintenance costs, and pedestrian slip resistance, and is one of the preferred techniques in building roads and pavements. This, together with the increasingly high adoption rate of green building initiatives and robust environmental regulations, is expected to boost the demand for recycled tire products in the construction sector.
Asia Pacific held the largest market share around 44% in 2023. This is fast-paced industrialization and ambitious government initiatives for sustainable waste management in the region. China, India, Japan, and South Korea are some major ELT-producing countries due to the higher automotive sector and evolving transport networks. Regulation by the government sector on tire recycling and the rise in sustainable infrastructure projects investments by numerous companies, combined with other industries such as automotive and manufacturing are the major drivers for the growth of recycled tire products, making way for their demand. The cost economics of recycling technologies together with the availability of low-cost labor have also promoted the setting-up of large-scale recycling units across the region. Furthermore, the growing trend of referring circular economy practices and environmental sustainability, coupled with rising consumption of rubberized asphalt, recycling carbon black, and tyre-derived fuel (TDF) possess an additional growth attribute to the market growth of the Asia Pacific region.
North America held a significant market share in 2023. In the United States and Canada, mandatory waste management policies (such as Extended Producer Responsibility (EPR) programs and landfill disposal bans) drive the recycling of tires. The presence of extensive ownership of vehicles (which leads to a very large ELT generation volume) and auxiliary industries guarantee recyclers with constant supply of raw materials. Furthermore, the increase in the use of tire-derived fuel (TDF) in cement kilns, rubber-modified asphalt in road construction, and recycled carbon black (rCB) in tire manufacturing have supported the growth of the market. Combined government spending on sustainable infrastructure projects and growth in corporate commitments around the circular economy also set a strong field for North America to remain a clear global leader in tire recycling.
Key Players
Liberty Tire Recycling (Tire-Derived Fuel, Rubber Mulch)
GENAN HOLDING A/S (Recycled Rubber Granulate, Rubber Powder)
ResourceCo (Tyre-Derived Fuel, Crumb Rubber)
Lehigh Technologies (PolyDyne Micronized Rubber Powder, MicroDyne Micronized Rubber Powder)
Balkrishna Industries Limited (BKT) (Off-Highway Tires, Agricultural Tires)
Nokian Tyres plc (Hakkapeliitta Winter Tires, Nokian eLine)
Lakin Tire (Tire Collection Services, Recycled Tire Products)
Eldan Recycling A/S (Tire Shredders, Granulation Plants)
RubberMulch (Landscape Mulch, Playground Mulch)
Tire Disposal & Recycling, Inc. (Tire-Derived Aggregate, Tire-Derived Fuel)
Klean Industries (Recovered Carbon Black, Pyrolysis Oil)
Emanuel Tire LLC (Tire-Derived Fuel, Recycled Rubber Products)
West Coast Rubber Recycling (Crumb Rubber, Rubber Bark)
Renelux Cyprus Ltd (Tire-Derived Fuel, Recycled Rubber Granules)
Tire Recycling Atlantic Canada Corporation (TRACC) (Crumb Rubber, Tire-Derived Aggregate)
Liberty Tire Recycling Canada Ltd. (Rubber Mulch, Tire-Derived Fuel)
Tinna Rubber and Infrastructure Ltd. (Crumb Rubber Modifier, Reclaimed Rubber)
Rebound Rubber Recycling (Crumb Rubber, Rubber Mulch)
Green Distillation Technologies Corporation (Recovered Carbon, Recovered Oil)
Tyrecycle (Crumb Rubber, Tire-Derived Fuel)
Recent Development:
In December 2024, SSH Recycling secured approval to build an advanced tire recycling facility near Glasgow, Scotland. The plant will process 100,000 tonnes of waste tires annually while operating on a carbon-negative basis, reducing 2.7 tonnes of CO₂ emissions per tonne.
In September 2024, Evonik introduced an innovative tire recycling technology capable of reversing rubber vulcanization. This advancement enables the incorporation of up to four times more recycled rubber in new tires than earlier methods allowed.
| Report Attributes | Details |
| Market Size in 2023 | US$ 6.00 Billion |
| Market Size by 2032 | US$ 8.21 Billion |
| CAGR | CAGR of 3.55 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Rubber, Tire-derived Fuel, Tire-derived Aggregate, Carbon Black, Steel Wires, Others) • By Application (Rubber, Tire-derived Fuel, Tire-derived Aggregate, Carbon Black, Steel Wires, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Liberty Tire Recycling, GENAN HOLDING A/S, ResourceCo, Lehigh Technologies, Balkrishna Industries Limited (BKT), Nokian Tyres plc, Lakin Tire, Eldan Recycling A/S, RubberMulch, Tire Disposal & Recycling, Inc., Klean Industries, Emanuel Tire LLC, West Coast Rubber Recycling, Renelux Cyprus Ltd, Tire Recycling Atlantic Canada Corporation (TRACC), Liberty Tire Recycling Canada Ltd., Tinna Rubber and Infrastructure Ltd., Rebound Rubber Recycling, Green Distillation Technologies Corporation, Tyrecycle |
Ans: The Tire Recycling Market was valued at USD 6.00 Billion in 2023.
Ans: The expected CAGR of the global Tire Recycling Market during the forecast period is 3.55%
Ans: Rubber will grow rapidly in the Tire Recycling Market from 2024-2032.
Ans: Rising Demand for recycled rubber and tire-derived products which drives market growth.
Ans: Asia Pacific led the Tire Recycling Market in the region with the highest revenue share in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by Country, By Type 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Tire Recycling Market Segmentation, By Product
7.1 Chapter Overview
7.2 Rubber
7.2.1 Rubber Trends Analysis (2020-2032)
7.2.2 Rubber Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Tire-derived Fuel
7.3.1 Tire-derived Fuel Market Trends Analysis (2020-2032)
7.3.2 Tire-derived Fuel Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Tire-derived Aggregate
7.4.1 Tire-derived Aggregate Trends Analysis (2020-2032)
7.4.2 Tire-derived Aggregate Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Carbon Black
7.5.1 Carbon Black Market Trends Analysis (2020-2032)
7.5.2 Carbon Black Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Steel Wires
7.6.1 Steel Wires Market Trends Analysis (2020-2032)
7.6.2 Steel Wires Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Others
7.7.1 Others Market Trends Analysis (2020-2032)
7.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Tire Recycling Market Segmentation, by Application
8.1 Chapter Overview
8.2 Automotive
8.2.1 Automotive Market Trends Analysis (2020-2032)
8.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Building &Construction
8.3.1 Building &Construction Market Trends Analysis (2020-2032)
8.3.2 Building &Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Manufacturing
8.4.1 Manufacturing Market Trends Analysis (2020-2032)
8.4.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Rubber & Plastics
8.5.1 Rubber & Plastics Market Trends Analysis (2020-2032)
8.5.2 Rubber & Plastics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.4 North America Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.5.2 USA Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.6.2 Canada Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.6.2 France Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.4 Asia Pacific Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 China Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 India Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 Japan Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.9.2 Australia Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.4 Africa Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Tire Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.4 Latin America Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Tire Recycling Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Tire Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 Liberty Tire Recycling
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 GENAN HOLDING A/S
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 ResourceCo
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Lehigh Technologies
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 Nokian Tyres plc
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 Lakin Tire
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 Eldan Recycling A/S
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Tire Disposal & Recycling, Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 Klean Industries
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 Emanuel Tire LLC
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Rubber
Tire-derived Fuel
Tire-derived Aggregate
Carbon Black
Steel Wires
Others
By Application
Automotive
Building &Construction
Manufacturing
Rubber & Plastics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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