Report ID: SQMIG15A2557
Report ID: SQMIG15A2557
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Report ID:
SQMIG15A2557 |
Region:
Global |
Published Date: May, 2025
Pages:
182
|Tables:
92
|Figures:
69
Global Reclaimed Rubber Market size was valued at USD 1.72 Billion in 2024 and is poised to grow from USD 1.85 Billion in 2025 to USD 3.33 Billion by 2033, growing at a CAGR of 7.6% during the forecast period (2026–2033).
Over the last few years, the demand for reclaimed rubber globally has been fueled by favorable government policies instituted in various countries of the world. This is to encourage the use of sustainable materials as a replacement for traditional virgin rubber and increased demand from end-use applications like automotive & aircraft tires, footwear, belts & hoses, retreading, and manufacturing of molded rubber products. The growth of these sectors in emerging economies has greatly boosted market expansion globally.
Further, the application of reclaimed rubber in the production of extruded items such as drain tubes and pump discharge hoses is also fueling the market. Increased demand for whole tyre reclaims (WTR) is a key tendency in the global reclaimed rubber market, and it is predicted to play an important role in driving market growth during forecast period.
As traditional virgin rubber is not biodegradable, end-of-life recycling of tires has emerged as a prominent global concern. Europe Union, Asia Pacific, the Middle East, and North American nations have begun enforcing schemes to encourage tire recycling to manufacture reclaimed rubber from used tires as an alternative for traditional rubber.
For example, the California Tire Recycling Management Fund under the California Recycling Tire Act of 1989 provides funding for tire recycling and utilizing recycled tire rubber products.
Furthermore, the extended responsibility program that was launched by European nations like the Netherlands, Sweden, and Germany requires tire makers to be responsible for the entire product life cycle of the tires manufactured. This is anticipated to propel the rubber recycling business, thus boosting the global reclaimed rubber market growth. In contrast, an alternative material is expected to boost the demand for reclaimed rubber because of the superior weather resistance and flexibility which reclaimed rubber offers as compared to virgin rubber.
In December 2021, Ralf Bohle GmbH, a leading manufacturer of bicycle tires, partnered with Pyrum Innovations AG and TH Köln University of Applied Sciences to develop high-quality bicycle tires from recycled material, including reclaimed rubber. The collaboration promotes worldwide efforts to improve environmental sustainability and circular economy measures. Through the use of reclaimed rubber, the initiative helps minimize waste, decrease carbon footprint, and increase resource efficiency in the tire sector. In addition, the collaboration facilitates technological advancement in sustainable production and responds to the industry's commitment toward eco-friendly product development and meeting the growing demand for sustainable mobility solutions.
The Michelin Group has strengthened its dedication to sustainability by incorporating reused rubber into the production of tires. This initiative not only cuts raw material use and carbon footprints but also makes the products more durable, performing, and affordable. Green manufacturing by Michelin is in line with global sustainability objectives of carbon neutrality and efficiency in use of resources. Through the use of reclaimed rubber, Michelin hopes to encourage a circular economy, minimize end-of-life tire waste, and create sustainable mobility solutions. Michelin continues to invest in research and development efforts to create higher-quality reclaimed rubber and expand its use across different types of tires.
The Bridgestone Group has made a significant investment in new recycling technology to optimize the use of recycled rubber as a part of tire manufacturing. The program demonstrates Bridgestone's long-term dedication to maintaining sustainability, reducing waste, and taking responsibility for the use of resources. By leveraging new recycling technologies, the company improves tire quality, longevity, and performance and decreases virgin rubber and fossil resource consumption. Bridgestone's carbon emission target and green policy are aligned with green innovation strategies. In addition, the company collaborates with recycling firms and research institutions to maximize rubber recovery and reuse efficiency in the automotive sector.
Market snapshot - 2026-2033
Global Market Size
USD 1.6 billion
Largest Segment
Tire
Fastest Growth
Non-Tire
Growth Rate
7.6% CAGR
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Global Reclaimed Rubber Market is segmented by Product, End-use and region. Based on Product, the market is segmented into Whole Tyre Reclaim Rubber, Butyl Reclaim Rubber, EPDM Reclaimed Rubber and Others. Based on End-use, the market is segmented into Automotive & Aircraft Tyres, Retreading, Belts & Hoses, Footwear, Molded Rubber Goods and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per the 2024 global reclaimed rubber market analysis, due to extensive use in tire production, the automotive & aircraft tires category is the largest end-use segment in the market. There is greater demand for reclaimed rubber due to the growing concern of the automotive industry towards sustainability, cost efficiency, and greenness. The product is a better substitute for virgin rubber as it is cheaper in raw material, emits fewer carbon emissions, and lasts longer. The segment growth is further propelled by the increasing vehicle population on roads globally, the fact that the replacement frequency of tires is high, and developments in tire retreading technologies. The industry is likely to grow further as the industry trends towards cost-saving and sustainable solutions.
The retreading segment in the global reclaimed rubber industry is predicted to display drastic growth due to its cost-effectiveness and eco-friendly merit. Retreading is a method of increasing tire life and minimizing use of the raw materials plus the costs of making them while reusing the casing of the tire. There has been an increased demand for retreaded tires due to stringent environmental regulations that promote recycling and a growth in the number of road vehicles globally. Moreover, the performance and lifespan of these tires have been improved by advances in retreading technologies, which make them a common choice for airplanes, trucks, and commercial vehicles. The retreading industry is expected to develop rapidly in the coming years as companies seek low-cost and eco-friendly options.
Based on the 2024 global reclaimed rubber market forecast, the tire application segment is the largest segment of the market. Increased attention to environmental issues, cutting costs, and making the auto industry green is the drive for its growth. Besides that, reclaimed rubber finds extensive use in tire production, including new tires and retreaded ones, since it is a cheaper raw material, with less scrap, and has a longer life. The demand continues to grow with the increasing number of motorized vehicles on the planet and the necessity of regular replacement of tires. In addition, cementing its position in reclaimed rubber applications are government policies which promote eco-friendly solutions and innovative recycled rubber solutions.
Though it is growing at a slower rate, the non-tire recovered rubber market segment consisting of such products as belts, hoses, industrial products, construction materials, and footwear is also growing. Recycled rubber demand is up in various industries seeking to reduce production costs and carbon emissions because of the increased use of sustainable manufacturing. Reclaimed rubber is being utilized by construction firms for roofing, insulation, and flooring, and by footwear firms in soles and midsoles. Industrial manufacturers are also utilizing reclaimed rubber for gaskets, seals, and vibration-dampening components, which contributes to sustainability efforts and the industry's slow growth.
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The Asia-Pacific reclaimed rubber market, as of 2024, accounted for the highest revenue-generating 31.3%. India, Indonesia, and Thailand are among the countries that are witnessing a growth in demand for affordable materials, and reclaimed rubber has been in the limelight since it is low-cost and eco-friendly. Moreover, the region's keen interest in recycling programs supported by government incentive and policy has created an appropriate supply chain for the production of reclaimed rubber, thus making Asia Pacific a market leader.
China's market gains considerably from government-sponsored recycling programs to cope with the nation's large tyre and rubber waste. The Chinese government's concern to decrease environmental pollution has seen the imposition of stringent policies that encourage tyre recycling and resource recovery. In addition, China's rapidly expanding auto and industrial manufacturing sectors guarantee a consistent demand for cost-efficient and eco-friendly materials such as reclaimed rubber, and therefore it is a major market for domestic and international manufacturers.
Reclaimed rubber is increasingly finding its way in North America owing to the high level of interest in sustainability-driven regulations and circular economy operations in the region. Companies from diverse industries are openly searching for eco-friendly means of preserving waste and improving resource efficiency while complying with stringent environmental regulations. Developed recycling technology and a successful tire retreading industry facilitate the utilization of recycled rubber in industrial, automotive, and footwear sectors. Moreover, businesses have been stimulated to use recycled rubber products since consumer consciousness has grown and corporate sustainability strategies have become more active, propelling the growth of the regional market and new North America as the leading region in sustainable material development.
Tough environmental laws to minimize waste in landfills and increase recycling initiatives have a significant impact on the European reclaimed rubber industry. Pioneering the recycling of waste materials, such as used tires, into utilizable products are Germany, France, and the United Kingdom. Reclaimed rubber has also become an indispensable solution, and the vision of the European Union towards carbon-free status has additionally motivated business towards sustainable alternatives. Europe is a significant source of innovation in green technology and recycled rubber due to rising demand from the industrial, automotive, and construction markets and government incentives to drive market expansion.
The reclaimed rubber market will develop at a rapid rate in Latin America owing to expanding industrialization, increased environmental awareness, and the initiatives of governments for promoting sustainable material. Brazil, Mexico, and Argentina are going to implement recycling plants and waste reduction programs that will discourage rubber waste and promote recycled rubber. Furthermore, the automotive, construction, and footwear industries are all driving demand for eco-friendly and cost-saving products. Latin America is set to be affected by huge market expansion as international companies increase their operations in the region, resulting in the region being at the forefront of expanding influence in the field of sustainable material development.
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Rising Demand for Affordable and Sustainable Materials
Government Programs and Tough Environmental Regulations
Quality and Performance Restrictions Relative to Virgin Rubber
Low Level of Adoption and Awareness in Emerging Markets
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The global reclaimed rubber market is competitive, with some major players controlling the market. Prominent firms GRP Ltd.; J. Allcock & Sons Ltd.; Rolex Reclaim Pvt. Ltd.; Fishfa Rubbers Ltd.; HUXAR; Tianyu (Shandong) Rubber & Plastic Products Co., Ltd. The market has a competitive scenario with some major players influencing innovation and market trends. These players have spent considerable amounts on research and development for performance enhancement, cost reduction, and sustainability in their use by large firms in the industry.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in accordance with sustainability efforts, cost advantages, and stringent environmental regulations, it is expected that the global reclaimed rubber market outlook will witness a consistent change. With the growing requirement in industries such as automotive, footwear, and construction, reclaimed rubber is forming an alternate to virgin rubber, thus lowering raw material costs and reducing waste accumulation. Development in recycling technology and the emerging non-tire applications provide new opportunities for growth, whereas obstacles continue from performance constraints and adoption problems in developing markets. It is anticipated that the growing reclamation rubber market will position itself as a majorly expanding segment, as industries tend to favor eco-viable solutions and circular economy practices thereby solidifying a major role in sustainable material innovation globally.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 1.72 Billion |
| Market size value in 2033 | USD 3.33 Billion |
| Growth Rate | 7.6% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Reclaimed Rubber Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Reclaimed Rubber Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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