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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Tire recycling is perhaps the most cost-effective and environmentally responsible method of getting rid of old and taken to wearing tires. Tires are amongst the most troublesome types of solid trash due to their intrinsic durability, vast volume, and environmental and health dangers.
This is the method of repurposing discarded tires. Tires in this category, often referred as edge tires, are typically non-functional. And it's because of wear and tear. The transformation of scrap tires into components that may be used to manufacture new goods is then referred to as tire recycling.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Kuwait started transforming 'tire graveyard ' into residential city | Due to rising environmental concerns, Kuwait has begun developing the 'tire graveyard' into a new residential metropolis. 40 million tires will be recycled throughout the country. In the event that more land is required, the government plans to recycle another batch of tires. | Global | This would enhance better Technological Controls |
| 2 | New technology turns carbon from recycled tires into graphite | Green Distillation Technologies (GDT), an Australian tire recycler, has teamed up with Carbon Scape, a New Zealand-based firm, to convert carbon generated during the manufacturing method into high-value graphite. | Global | This would enhance better Technological Controls |
| 3 | Government working on tire recycling norms | The Indian government is working on new tire recycling rules, which might have a long-term impact on how tire producers operate. | Global | This would enhance better Technological Controls |
| 4 | Michelin launches construction on its first tire recycling plant in the world | Michelin is collaborating with Enviro, a Swedish business that has developed a patented process to collect carbon black, to build its first tire recycling plant. | Global | This would enhance better Technological Controls |
| 5 | India Proposes Stricter Rules For Waste Tire Recycling | The Ministry of Environment, Ecosystems, and Environmental Degradation released a draught notification for extended producer responsibility (EPR) laws for discarded tires on Wednesday. | Global | This would enhance better Technological Controls |
The worldwide tire recycling industry is thought to have a lot of room for expansion if more efforts are made to make it more affordable. Greater government assistance in the form of strict recycling requirements is also a good idea.
Furthermore, the tire recycling industry will be able to achieve sustained growth patterns inside the near future due to the rapidly advancing technological nature of composting approaches and practices going to aim to start introducing competitive and cost - effective and huge supportive recyclable materials with the least ecological consequences and emissions reductions on composting.
Valencia Rubber Tech LLP is a prominent developer of the latest integrated technologies focusing on better smarter sensing focused on spectrum of tire recycling integration for the future. The To provide superior services in this industry, the goods include rubber particles granulate, TDF Chips, and freed steel.
Valencia therefore benefits the environment by recycling and reusing tires while also gaining a positive image in Gujarat, India. Using Fornax Crumb Rubber Plant CRM-3000 as well as Rubber Mulch Plant Secondary Shredder R-4000, the firm has now become an industrial center for Crumb Rubber, producing 150 MT/Day.
L&S Tires provides technical breakthroughs that allow recycled tires products wherein the equipment, the Enviro-Block is a tire bale constructed of compressed, entire waste car tires bound together with steel wire that may be utilized for building and other items, according to L & S Tire Company.
A tire bale is made up of around 100 passenger tires that have been stitched together and crushed into a 2-cubic yard, 1-ton block. This bale is normally 5' x 5' x 2.5' in size, with a 5:1 volume decrease. Erosion control, inexpensive road filler, collision obstacles, sound impediments, and other projects have all made use of Enviro-Block tire bales.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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