Dublin, Feb. 09, 2024 (GLOBE NEWSWIRE) -- The "Tire Recycling Downstream Product Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global tire recycling downstream product market is expected to reach an estimated $5.5 billion by 2030 with a CAGR of 3.2% from 2024 to 2030.
The future of the global tire recycling downstream product market looks promising with opportunities in the cement manufacturing, pulp & paper mill, utility boiler, construction & infrastructure, sports complex & play ground, and tire & rubber markets. The major drivers for this market are increasing demand for high performance road construction materials, growing trend of scrap tires, and rising awareness towards the benefits of tire recycling.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tire recycling downstream product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Tire Recycling Downstream Product Market Insights
- Rubber powder is expected to witness the highest growth over the forecast period as it can repurposed, reworked, or manually fashioned into new goods.
- Within this market, construction & infrastructure is expected to witness the highest growth due to rising demand for high-performance road construction materials so as to avoid cracks and holes.
- APAC is expected to witness highest growth over the forecast period due to growing industrialization and urbanization in developing economies like China and India.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tire recycling downstream product market?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Key Topics Covered:
1. Executive Summary
2. Global Tire Recycling Downstream Product Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Tire Recycling Downstream Product Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Tire Recycling Downstream Product Market by Product
3.3.1: Tire-Derived Fuel
3.3.2: Tire-Derived Aggregate
3.3.3: Rubber Mulch
3.3.4: Steel
3.3.5: Rubber Powder
3.3.6: Others
3.4: Global Tire Recycling Downstream Product Market by Recycling Technique
3.4.1: Pyrolysis
3.4.2: Shredding
3.5: Global Tire Recycling Downstream Product Market by End Use
3.5.1: Cement Manufacturing
3.5.2: Pulp & Paper Mills
3.5.3: Utility Boilers
3.5.4: Construction & Infrastructure
3.5.5: Sports Complex & Play grounds
3.5.6: Tire & Rubber
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Tire Recycling Downstream Product Market by Region
4.2: North American Tire Recycling Downstream Product Market
4.2.2: North American Tire Recycling Downstream Product Market by End Use: Cement Manufacturing, Pulp & Paper Mills, Utility Boilers, Construction & Infrastructure, Sports Complex & Play grounds, Tire & Rubber, and Others
4.3: European Tire Recycling Downstream Product Market
4.3.1: European Tire Recycling Downstream Product Market by Product: Tire-Derived Fuel, Tire-Derived Aggregate, Rubber Mulch, Steel, Rubber Powder, and Others
4.3.2: European Tire Recycling Downstream Product Market by End Use: Cement Manufacturing, Pulp & Paper Mills, Utility Boilers, Construction & Infrastructure, Sports Complex & Play grounds, Tire & Rubber, and Others
4.4: APAC Tire Recycling Downstream Product Market
4.4.1: APAC Tire Recycling Downstream Product Market by Product: Tire-Derived Fuel, Tire-Derived Aggregate, Rubber Mulch, Steel, Rubber Powder, and Others
4.4.2: APAC Tire Recycling Downstream Product Market by End Use: Cement Manufacturing, Pulp & Paper Mills, Utility Boilers, Construction & Infrastructure, Sports Complex & Play grounds, Tire & Rubber, and Others
4.5: ROW Tire Recycling Downstream Product Market
4.5.1: ROW Tire Recycling Downstream Product Market by Product: Tire-Derived Fuel, Tire-Derived Aggregate, Rubber Mulch, Steel, Rubber Powder, and Others
4.5.2: ROW Tire Recycling Downstream Product Market by End Use: Cement Manufacturing, Pulp & Paper Mills, Utility Boilers, Construction & Infrastructure, Sports Complex & Play grounds, Tire & Rubber, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Tire Recycling Downstream Product Market by Product
6.1.2: Growth Opportunities for the Global Tire Recycling Downstream Product Market by Recycling Technique
6.1.3: Growth Opportunities for the Global Tire Recycling Downstream Product Market by End Use
6.1.4: Growth Opportunities for the Global Tire Recycling Downstream Product Market by Region
6.2: Emerging Trends in the Global Tire Recycling Downstream Product Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tire Recycling Downstream Product Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tire Recycling Downstream Product Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Liberty Tire Recycling
7.2: Ragn-Sells
7.3: ResourceCo
7.4: Lakin Tire West
7.5: L & S Tire Company
7.6: Probio Energy
7.7: Renelux Cyprus
7.8: Globarket Tire Recycling
7.9: Emanuel Tire
7.10: Tire Disposal & Recycling
For more information about this report visit https://www.researchandmarkets.com/r/ym7ajy
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