Reclaimed Rubber Market

Reclaimed Rubber Market Set to Exceed USD 6.53 Billion by 2026 | CAGR 12.03%

“Reclaimed Rubber Market Share, Size, Trends,

Industry Analysis Report By Product (WTR, Butyl Reclaim, EPDM, Drab & Colored), By Application (Automotive & Aircraft Tires, Cycle Tires, Retreading, Belts & Hoses, Footwear, Molded Rubber Goods), By Regions, Segments & Forecast, 2019 - 2026”

Reclaimed Rubber Market Estimate & Forecast to 2026 The global reclaimed rubber market size is estimated to reach USD 6.53 billion by 2026 growing at a CAGR of 12.03% during the forecast period, according to a new study published by Polaris Market Research. The global reclaimed rubber market is primarily driven by the expanding automotive & aerospace industries. Rising natural rubber prices have also forced automobile manufacturers to shift towards products with lower processing costs and recyclable products or rubber blends. The industry is extensively driven by the demand of reclaimed rubber in tire industry. Â Construction has also witnessed significant consumption of reclaimed rubber in flat roof covering on account of weather & heat resistance properties. Growing demand from the residential application and various industries for floor matting is further anticipated to strengthen the demand. Increase in the utilization for electronics, packaging, and other industrial applications due to good aging and fast processing has positively influenced the demand of reclaimed rubber. Â Moreover, favorable regulations concerning recycling, sustainability, and substitution for synthetic and natural rubber has resulted in the increased demand. Rising consumer preference regarding materials with lesser environmental impact and lower processing costs is further likely to strengthen the reclaimed rubber market growth. Footwear, automotive & aerospace tires,and other molded rubber goods manufacturers have been using the blends of reclaimed rubber at large scale. Copyright ÂŠ Polaris Market Research & Consulting LLP 2018. All Rights Reserved

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Reclaimed Rubber Market Scope By Product

By Region

By Application

Report Attributes

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WTR



Automotive & Aircraft Tires



North America



Historic year: 2015-2017



Butyl Reclaim

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Cycle Tires

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Europe

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Base year: 2018

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EPDM



Retreading



Asia Pacific

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Forecast Year: 2019-2026



Drab & Colored



Belts & Hoses



Latin America Middle East & Africa 

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Others

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Footwear



Molded Rubber Goods

Revenue (USD Billion)

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Reclaimed Rubber Market Estimate & Forecast to 2026 Asia Pacific is the largest regional market for the reclaimed rubber industry. The growth in the region is primarily due to the rapidly growing industrial manufacturing activities of the developing nations such as China, India, and the Southeast Asian countries. In addition to this, developed countries are likely to witness growth at below-average rates in comparison to the other regions across the globe. Europe and North America are also expected to witness considerable growth during the forecast period due to utilization of reclaimed rubber in large and rapidly growing automotive industry. The global reclaimed rubber market is highly competitive and moderately fragmented. It is also characterized by numerous small-scale industrial producers. Some of the key reclaimed rubber market players include Rolex Reclaim Pvt. Ltd., J. Allcock & Sons, Sun Exims (India) Pvt. Ltd., Star Polymers, GRP (Gujarat Reclaim & Rubber Product Ltd.), Genan, Huxar Reclamation, Titan International Ltd., Swani Rubber Industries, and Balaji Rubber Reclaim.

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Reclaimed Rubber Market Share

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About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Â Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com

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