Global Reclaimed Rubber Market By Overview
Reclaimed Rubber Market was valued at US$ 1.4 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach US$ 2.6 Billion by 2034.
Reclaimed rubber is cured or recycled rubber obtained from various thermochemical process. This process softens and swells the rubber by shortening polymer chain. The reclaimed rubber is used in manufacturing of wheels, tires, and belt & hoses with surging demand for automobiles globally. It is also used in aircraft and footwear industry. Reclaimed rubber is preferred over natural rubber as it is ecofriendly and cost-effective.
Increasing inclination of manufacturers towards rubber recycling, owing to rising natural rubber prices is one of the major factor expected to aid in growth of the global reclaimed target market over the forecast period. Due to the resistance to heat and ultraviolet light, the demand of reclaimed rubber is growing in automotive industry thus propelling the growth of the global reclaimed rubber market. Increasing use of reclaimed rubber in manufacturing of footwear is another factor driving growth of the target market. Increasing awareness of people towards environment as reclaimed rubber is eco-friendly has boosted the growth of the target market. However, the introduction of products manufactured from innovative elastomer based is major restraint for growth of the global reclaimed rubber market.
The global reclaimed rubber market is segmented on the basis of product, application and region. Based on product, the global reclaimed rubber market is divided into whole tire reclaim, butyl reclaim, ethylene propylene diene monomer, drab & colored and others. The ethylene propylene diene monomer product segment is expected to witness the higher growth rate in terms of revenue over the forecast period. On the basis of application, the global reclaimed rubber market is bifurcated into automotive & aircraft tires, retreading, footwear, molded rubber goods, belts & hoses, and others. The other application segment is further divided into Roofing, Matting, Adhesives, etc. The automotive & aircraft tires application segment is accounted for largest market share and is expected to show steady growth over the forecast period.
On the basis of region, the global reclaimed rubber market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is accounted for highest revenue share and is expected to maintain its dominance over the forecast period, owing to the growing automotive industry in the countries like India, and china. This is also attributed to the presence of reclaimed rubber manufacturer in the region. North America accounts for second highest revenue share followed by Europe, Latin America, and Middle East & Africa respectively. North America is projected to witness a moderate growth over forecast period due to the rising industrial activities in the region such as mats, floors, belts, etc.
Key players operating in the global reclaimed rubber market are Fishfa Rubbers Ltd., Rolex Reclaim Pvt. Ltd , Sun Exim, Swani Rubber Industries, HUXAR, Minar Reclamation Pvt. Ltd, Miracle Rubbers, MICHELIN, Revlon Rubbers Private Limited, and High Tech Reclaim Pvt. Ltd.
Global Reclaimed Rubber Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Reclaimed Rubber Market, By Product, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Whole Tire Reclaim
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Butyl Reclaim
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Ethylene Propylene Diene Monomer
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Drab & Colored
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Reclaimed Rubber Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Automotive & Aircraft Tires
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Retreading
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Footwear
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Molded Rubber Goods
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Belts & Hoses
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Reclaimed Rubber Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Fishfa Rubbers Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rolex Reclaim Pvt. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sun Exim
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Swani Rubber Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- HUXAR
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Minar Reclamation Pvt. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Miracle Rubbers
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MICHELIN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Revlon Rubbers Private Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- High Tech Reclaim Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The market report has been segmented on the Type, application, and region.
The Reclaimed Rubber Market is driven by factors such as environmental sustainability, cost-effectiveness, and increasing demand in the automotive and construction industries.
Challenges include variations in product quality, limited awareness, and competition with virgin rubber, acting as restraints for the Reclaimed Rubber Market globally.
The report considers regions like North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the Reclaimed Rubber Market, driven by industrial growth, environmental concerns, and the adoption of sustainable practices in the region.
Key players operating in the global reclaimed rubber market are Fishfa Rubbers Ltd., Rolex Reclaim Pvt. Ltd , Sun Exim, Swani Rubber Industries, HUXAR, Minar Reclamation Pvt. Ltd, Miracle Rubbers, MICHELIN, Revlon Rubbers Private Limited, and High Tech Reclaim Pvt. Ltd.