Global Tire Recycling Market 2022-2027

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    GLOBAL TIRE RECYCLING MARKET

     

    INTRODUCTION

    Tire recycling is perhaps the most cost-effective and environmentally responsible method of getting rid of old and taken to wearing tyres. 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 tyres. Tires in this category, often referred as edge tyres, are typically non-functional. And it’s because of wear and tear. The transformation of scrap tyres into components that may be used to manufacture new goods is then referred to as tyre recycling.

     

    infographic: Tire Recycling Market, Tire Recycling Market Size, Tire Recycling Market Trends, Tire Recycling Market Forecast, Tire Recycling Market Risks, Tire Recycling Market Report, Tire Recycling Market Share

     

    GLOBAL TIRE RECYCLING MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Kuwait started transforming ‘tyre graveyard ‘ into residential city Due to rising environmental concerns, Kuwait has begun developing the ‘tyre graveyard’ into a new residential metropolis. 40 million tyres will be recycled throughout the country. In the event that more land is required, the government plans to recycle another batch of tyres. Global This would enhance better Technological Controls
    2 New technology turns carbon from recycled tires into graphite Green Distillation Technologies (GDT), an Australian tyre recycler, has teamed up with CarbonScape, 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 tyre recycling norms The Indian government is working on new tyre recycling rules, which might have a long-term impact on how tyre 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 tyre recycling plant. Global This would enhance better Technological Controls
    5 India Proposes Stricter Rules For Waste Tyre Recycling The Ministry of Environment, Ecosystems, and Environmental Degradation released a draught notification for extended producer responsibility (EPR) laws for discarded tyres on Wednesday. Global This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

    The worldwide tyre 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 tyre 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 tyres while also gaining a positive image in Gujarat, India. Using Fornnax Crumb Rubber Plant CRM-3000 as well as Rubber Mulch Plant Secondary Shredder R-4000, the firm has now become an industrial centre 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 tyre bale constructed of compressed, entire waste car tyres bound together with steel wire that may be utilised for building and other items, according to L & S Tire Company.

     

    A tyre bale is made up of around 100 passenger tyres 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 tyre bales.

     

    COMPANIES PROFILED

    • Global Rubber
    • L&S Tire
    • Champlin
    • Golden By-Products
    • Mac’s Tire Recyclers
    • Tire Disposal & Recycling
    • Emanuel Tire
    • Entech
    • Lakin General
    • Liberty Tire Services
    • Miami Tire Recycling Company
    • reRubber
    • New River Tire Recycling
    • GENAN
    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 theIndustry
    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, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    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, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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