세계의 타이어 재활용 다운스트림 제품 시장 예측 : 제품별, 유형별, 리사이클 기술별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Tire Recycling Downstream Products Market is accounted for $4.57 billion in 2024 and is expected to reach $5.69 billion by 2030 growing at a CAGR of 3.7% during the forecast period. Tire recycling downstream products refer to the range of materials and products created from recycled tires after the initial recycling process. These products encompass a diverse array of applications, including rubberized asphalt for road construction, playground surfaces, athletic tracks, and even moulded products like mats and flooring. Additionally, recycled tire rubber can be transformed into innovative materials such as eco-friendly building materials, insulation, and automotive parts.

Market Dynamics:

Driver:

Growing demand for sustainable materials

The growing demand for sustainable materials is a significant driver of the tire recycling downstream products market due to increased environmental consciousness and regulations. Consumers and businesses alike are seeking eco-friendly alternatives, and recycled tire products fit the bill by repurposing discarded materials. These downstream products, ranging from rubberized asphalt to sports surfaces, offer durability and performance while reducing the carbon footprint. Moreover, as traditional resources become scarcer, the emphasis on recycling and repurposing materials intensifies, driving further growth in this market segment.

Restraint:

Technological limitations

Technological limitations in tire recycling affect downstream product markets by constraining the quality and diversity of recycled materials. Challenges like inefficient sorting and processing methods, the inability to fully remove contaminants, and limitations in converting recycled rubber into high-value products restrict market growth. For instance, outdated recycling technologies may yield lower-grade materials unsuitable for premium applications, limiting market demand and profitability. Additionally, the lack of innovative techniques hampers the development of new, value-added products, hindering market expansion.

Opportunity:

Construction materials

The tire recycling downstream products market presents a promising opportunity for the construction materials sector. Through tire recycling, innovative materials like rubberized asphalt and crumb rubber are produced, offering sustainable alternatives to traditional construction materials. Rubberized asphalt enhances road durability and reduces maintenance costs, while crumb rubber can be incorporated into concrete to improve flexibility and resilience. These recycled products not only mitigate environmental concerns by diverting waste from landfills but also offer economic advantages through cost-effective solutions for construction projects.

Threat:

Quality concerns

The quality concern threat in the tire recycling downstream products market revolves around the potential issues arising from substandard or inconsistent product quality. When recycled tires are used to create downstream products like rubberized asphalt or playground surfaces, any compromise in quality can lead to safety hazards, performance issues, and negative perceptions among consumers. Inferior-quality products may not meet industry standards or regulatory requirements, resulting in legal liabilities and reputational damage for manufacturers.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the tire recycling downstream products market. With lockdowns and economic slowdowns, there was a decrease in vehicle usage, leading to reduced demand for tire-derived products such as crumb rubber and tire-derived fuel. Supply chain disruptions and logistical challenges further compounded the situation, hindering the production and distribution of these recycled materials. However, there was also a growing awareness of sustainability, prompting some sectors to prioritize eco-friendly alternatives, potentially boosting the demand for recycled tire products in the long term.

The rubber mulch segment is expected to be the largest during the forecast period

The Rubber Mulch segment's growth in the market can be attributed to several factors. Increasing environmental awareness and sustainability initiatives have fueled the demand for eco-friendly landscaping solutions. Rubber mulch, made from recycled tires, offers a durable, long-lasting alternative to traditional wood mulch, driving its popularity among homeowners, landscapers, and playground developers. Additionally, governments' emphasis on waste management and recycling further propels the market, creating opportunities for tire recycling industries to innovate and expand their product offerings.

The cryogenic segment is expected to have the highest CAGR during the forecast period

In the tire recycling downstream products market, cryogenic segment is growing due to the expansion of technologies utilizing cryogenic processes to produce recycled tire-derived products. Cryogenic methods involve freezing tires to extremely low temperatures, which facilitates easier separation of rubber, steel, and fiber components, thus enabling more efficient recycling. This segment's growth signifies the increasing adoption of advanced recycling techniques to meet sustainability goals and regulatory requirements. Cryogenic processing offers advantages like higher product purity and enhanced material properties, driving its popularity in the tire recycling industry.

Region with largest share:

In recent years, North America has witnessed notable growth in the tire recycling downstream products market. This surge can be attributed to several key factors. Increasing environmental concerns and stringent regulations regarding tire disposal have prompted the adoption of recycling practices. Technological advancements in tire recycling processes have enhanced efficiency and made downstream products more economically viable. Additionally, growing consumer awareness about sustainable practices has driven demand for recycled tire products. Moreover, the construction and automotive industries in North America have been embracing recycled tire materials for various applications, further fueling market growth.

Region with highest CAGR:

The Asia-Pacific region has experienced significant growth in the tire recycling downstream products market due to increasing environmental awareness and stringent regulations that have prompted industries to seek sustainable solutions, driving the demand for recycled tire products. The region's rapid industrialization and urbanization have generated substantial volumes of waste tires, creating a robust supply for recycling. Advancements in technology have enabled more efficient and cost-effective recycling processes, making recycled tire products increasingly competitive in the market. Additionally, the growing emphasis on circular economy principles has spurred investments in tire recycling infrastructure across the region.

Key players in the market

Some of the key players in Tire Recycling Downstream Products market include Continental AG, Emanuel Tire, Genan Holding A/S, General Electric Company, Globarket Tire Recycling, Granutech-Saturn Systems Corporation, L and S Tire Company, Lakin Tires West, Lehigh Technologies, Probio Energy International, Reliable Tire Disposal, Scandinavian Enviro Systems and West Coast Rubber Recycling.

Key Developments:

In April 2024, Once-mighty US industrial giant General Electric is now called GE Aerospace. The company on 2 April completed its final planned divestiture, spinning off its energy business Vernova to become a standalone aviation company named GE Aerospace. The milestone marks completion of a transition several years in the making that also involved GE spinning off its healthcare business in January 2023.

In April 2024, Continental has acquired the mold manufacturing specialist EMT Puchov s.r.o. based in Slovakia. All shares of Continental's long-standing supplier were transferred to Continental effective April 2, 2024. The tire manufacturer had entered into a respective agreement with EMT's shareholders, Dynamic Design (Romania) being the majority shareholder. All 107 employees, who have specialist knowledge in mold manufacturing, have been taken on by Continental.

Products Covered:

• Rubber Mulch
• Rubber Powder
• Tire-derived Fuel
• Tire-derived Aggregates
• Fiber
• Steel
• Crumb Rubber
• Other Products

Types Covered:

• Heavy Vehicle
• Light Vehicle
• Other Types

Recycling Techniques Covered:

• Mechanical
• Pyrolysis
• Cryogenic
• Shredding
• Waterjet Machining Process
• Other Recycling Techniques

End Users Covered:

• Pulp & Paper Mills
• Construction & Infrastructure
• Tires & Rubber
• Steel Production Plants
• Chemical Industry
• Cement Manufacturing
• Utility Boilers
• Sports Complexes & Playgrounds

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Tire Recycling Downstream Products Market, By Product

• 5.1 Introduction
• 5.2 Rubber Mulch
• 5.3 Rubber Powder
• 5.4 Tire-derived Fuel
• 5.5 Tire-derived Aggregates
• 5.6 Fiber
• 5.7 Steel
• 5.8 Crumb Rubber
• 5.9 Other Products

6 Global Tire Recycling Downstream Products Market, By Type

• 6.1 Introduction
• 6.2 Heavy Vehicle
• 6.3 Light Vehicle
• 6.4 Other Types

7 Global Tire Recycling Downstream Products Market, By Recycling Technique

• 7.1 Introduction
• 7.2 Mechanical
• 7.3 Pyrolysis
• 7.4 Cryogenic
• 7.5 Shredding
• 7.6 Waterjet Machining Process
• 7.7 Other Recycling Techniques

8 Global Tire Recycling Downstream Products Market, By End User

• 8.1 Introduction
• 8.2 Pulp & Paper Mills
• 8.3 Construction & Infrastructure
• 8.4 Tires & Rubber
• 8.5 Steel Production Plants
• 8.6 Chemical Industry
• 8.7 Cement Manufacturing
• 8.8 Utility Boilers
• 8.9 Sports Complexes & Playgrounds

9 Global Tire Recycling Downstream Products Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Continental AG
• 11.2 Emanuel Tire
• 11.3 Genan Holding A/S
• 11.4 General Electric Company
• 11.5 Globarket Tire Recycling
• 11.6 Granutech-Saturn Systems Corporation
• 11.7 L and S Tire Company
• 11.8 Lakin Tires West
• 11.9 Lehigh Technologies
• 11.10 Probio Energy International
• 11.11 Reliable Tire Disposal
• 11.12 Scandinavian Enviro Systems
• 11.13 West Coast Rubber Recycling