Reclaimed Rubber Market Segmentation
Reclaimed Rubber Market is segmented based on type, applications, and region.
On the basis of the type, the reclaimed rubber market is divided into the whole tire reclaim (WTR), butyl reclaims, ethylene propylene diene monomer (EPDM), drab & colored, and others.
Based on the application, the global reclaimed rubber market is segmented into tire and non-tire.
The tire application is further segmented into inner liner, inner tubes, tire sidewalls, tire plies, and tire treads & retreads.
The non-tire application is further segmented into conveyor belts, molded goods, adhesives, footwear, matting, profiles, and roofing.
Geographically, the market is divided into five key regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Some of the prominent players in the global reclaimed rubber market are Fishfa Rubbers Ltd (Gujarat), GRP LTD (Mumbai), Rolex Reclaim Pvt. Ltd. (Gujarat), Sun Exim (India), Swani Rubber Industries (India), HUXAR (India), Minar Reclamation Pvt. Ltd. (India), Miracle Rubbers (India), Genan (Denmark), MICHELIN (France), Revlon Rubbers Private Limited (India), and High Tech Reclaim Pvt. Ltd.(India).
Asia Pacific is the leading region in the reclaimed rubber market as a result of increasing production of automobiles coupled with growing population and improving living standard. The rise in the production of hybrid and electric cars is driving the market growth further.
North America and Europe are growing substantially owing to rising innovations in the manufacturing of aircraft and automobiles. This is concerning the recycling standards and regulatory intervention by the governments to reduce landfill and environment pollution.
Reclaimed rubber is manufactured by recycling natural and butyl rubber tubes. It is categorized into whole tire reclaim (WTR), butyl reclaims, ethylene propylene diene monomer (EPDM), and others. WTR is produced using natural tubes and is the most widely used rubber due to its suitability for a variety of natural products. It is increasingly used in the manufacturing of tread tires, conveyor belts, hot melt adhesive, automotive components, and footwear because of less power consumption, high durability, and vulcanizing properties. The automotive industry largely consumes EPDM for door & window stripping and car seats. Reclaimed rubber is used in tire and non-tire applications. In tire applications, the product is majorly used in the tire treads and retreads due to reducing shrinkage and good aging. Growing automotive and aerospace industries are driving the market growth for tire manufacturing. In non-tire applications, the product use is largely used in footwear and matting owing to changing trends and increased spending by the consumers.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porters Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Bargaining Power Of Suppliers
4.1.4 Threat Of Substitutes
4.1.5 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Reclaimed Rubber Market
5 Industry Overview Of Global Reclaimed Rubber Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
LIST OF TABLES:
Table 1 World Population By Major Regions (2016 To 2030)
Table 2 Global Reclaimed Rubber Market: By Region, 2017-2023
Table 3 North America Global Reclaimed Rubber Market: By Country, 2017-2023
Table 4 Europe Global Reclaimed Rubber Market: By Country, 2017-2023
Table 5 Asia-Pacific Global Reclaimed Rubber Market: By Country, 2017-2023
Table 7 Middle East & Africa Global Reclaimed Rubber Market: By Country, 2017-2023
Table 6 Latin America Global Reclaimed Rubber Market: By Country, 2017-2023
Table 8 Global Reclaimed Rubber By Types Market: By Regions, 2017-2023
Table 9 North America Global Reclaimed Rubber Market By Types Market: By Country, 2017-2023
Table 10 Europe Global Reclaimed Rubber Market By Types Market: By Country, 2017-2023
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