Global Reclaimed Rubber Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

"Global Reclaimed Rubber Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global reclaimed rubber market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global reclaimed rubber market report has been segmented on the basis of product type, application, and region.

Introduction: 

Reclaimed rubber is a recycled rubber obtained through various thermo-chemical processes. The process softens and swells the rubber by shortening the polymer chain. It is used in various applications such as aircraft, automobiles, footwear, belts and hoses, and retreading.

Market Dynamics: 

Increasing inclination of manufacturers towards rubber recycling owing to rising natural rubber prices is major factor expected to drive revenue growth of the reclaimed rubber market over the forecast period. Moreover, rising demand for rubber in automotive, footwear, and other molded goods is expected to support revenue growth of the target market.

However, the introduction of products manufactured from innovative elastomer based is expected to restrain revenue growth of target market over the forecast period.

Product Type Insights:

On the basis of product type, the ethylene propylene diene monomer segment is expected to grow at the higher growth rate in terms of revenue over the forecast period. Rising demand for ethylene propylene diene monomer in automotive and aircraft tires sector as a replacement of conventional virgin rubber tires is expected to drive revenue growth of this segment over the forecast period.

Application Insights:

On the basis of application, the automotive and aircraft tires segment is expected to account major revenue share in the target market and expected to grow at a steady rate over the forecast period. Increasing prices of natural rubber boosted coupled with rising demand for automobile tires in developing countries is expected to drive revenue growth of this segment.

Regional Insights:

Asia Pacific market is expected to account major revenue share in the global reclaimed rubber market. Growing automotive industry in countries such as China, India, Indonesia, and Thailand in the region is expected to drive revenue growth of Asia Pacific reclaimed rubber market over the forecast period. Moreover, the presence of a large number of reclaimed rubber manufacturers in the region is expected to drive revenue growth of the reclaimed rubber market in the Asia Pacific. Asia Pacific accounts for the major revenue share of the global reclaimed rubber market, followed by markets in North America, Europe, Latin America, and Middle East & Africa respectively. The reclaimed rubber market in North America is expected to grow at a moderate rate in terms of revenue over the forecast period. Rising industrial activities in the region is expected to boost demand for non-tire rubber products such as mats and flooring, belts, etc., is major factor expected to drive revenue growth of the target market in North America.

Market Segmentation and Key Players Operating in the Global Reclaimed Rubber Market:

By Product Type:

• Whole Tire Reclaim
• Butyl Reclaim
• Ethylene Propylene Diene Monomer
• Drab & Colored
• Others

By Application:

• Automotive & Aircraft Tires
• Retreading
• Footwear
• Molded Rubber Goods
• Belts & Hoses
• Others (Roofing, Matting, Adhesives, etc.)

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Gujarat Reclaim & Rubber Product Ltd.
• Rolex Reclaim Pvt. Ltd.
• Allcock & Sons Ltd.
• Huxar Reclamation
• Titan Tire Reclamation Corporation
• Accella Corporation
• Michelin Corporation
• GENAN HOLDING A/S
• Balaji Rubber Industries (P) Ltd.
• Minar Reclamation Pvt. Ltd.