DUBLIN--(BUSINESS WIRE)--The "Tire Recycling Downstream Products - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Tire Recycling Downstream Products market accounted for $4.20 billion in 2019 and is expected to reach $6.21 billion by 2027 growing at a CAGR of 5.0% during the forecast period.

Technological advancements in the field of rubber recycling and rising automobile industry around the globe are the major factors propelling market growth. However, increasing the issue of the disposal and huge volumes of worn-out tires is hampering market growth.

Recycling of tires, which is used in several applications e.g., municipal corporations of the various developed & developing countries use the waste bins made from recycled tires. In the process of road construction, a substance called as asphalt (rubber powder) is used widely, which produces from the recycled tire. Asphalt is cost-effective, which supports the growth of tire recycling downstream products market. The cost of raw material required for the road construction is increasing the supplements and the rise in demand for alternative substitutes, simultaneously demand for high-performance road construction materials is also increasing.

Based on the product, the crumb rubber segment is going to have a lucrative growth during the forecast period owing to its better sustainability factor in using when compared to the alternatives. It is a known fact that sand extraction is damaging to the environment and since crumb rubber can be shredded into very small particles and brought to the same consistency as that of sand, the demand for latter is set to grow over the forecast period, driving the global tire recycling downstream products market.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rapid growth of automobile sector in the region, huge amounts of scrap tire generation each year, and adoption of new technologies for tire disposal. Increase in the road constructions is another major factor driving the tire recycling downstream products market in the Asia Pacific region.

Companies Mentioned

  • Emanuel Tire
  • ETR Group
  • Genan Holding A/S
  • L and S Tire Company
  • Lakin Tires West
  • Lehigh Technologies
  • Liberty Tire Recycling
  • Probio Energy International
  • Ragn-Sells Group
  • Reliable Tire Disposal
  • Renelux Cyprus
  • ResourceCo
  • Scandinavian Enviro Systems
  • Tire Disposal and Recycling
  • West Coast Rubber Recycling

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019 2020, 2024, and 2027
  • 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

Key Topics Covered:

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 Rubber Type

5.1 Introduction

5.2 Ethylene-Propylenediene Monomer (EPDM) Rubber

5.3 Fluorocarbon Rubber

5.4 Natural Rubber (NR)

5.5 Polychloroprene

5.6 Silicone

5.7 Styrene-Butadiene Rubber (SBR)

6 Global Tire Recycling Downstream Products Market, By Recycling Technique

6.1 Introduction

6.2 Pyrolysis

6.3 Shredding

6.3.1 Cryogenic

6.3.2 Mechanical

6.3.3 Waterjet Machining Process

7 Global Tire Recycling Downstream Products Market, By Product

7.1 Introduction

7.2 Automotive Parts

7.3 Bonded Rubber/Molded Products

7.4 Crumb Rubber

7.5 Fiber

7.6 Flooring Products

7.7 Playground Material

7.8 Rubber Mulch

7.9 Rubber Powder

7.10 Rubberized Asphalt

7.11 Stall Mats (Pet and Equine)

7.12 Steel

7.13 Tire-Derived Aggregates

7.14 Tire-Derived Fuel

8 Global Tire Recycling Downstream Products Market, By End User

8.1 Introduction

8.2 Cement Manufacturing

8.3 Chemical Industry

8.4 Construction & Infrastructure

8.5 Electric Utility Boilers

8.6 Home Dcor

8.7 Power Plant Boiler

8.8 Pulp & Paper Mills

8.9 Sports Complexes & Playgrounds

8.10 Steel Production Plants

8.11 Tires & Rubber

9 Global Tire Recycling Downstream Products Market, By Geography

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 South America

9.6 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

For more information about this report visit https://www.researchandmarkets.com/r/lkgb7q

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