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Recycled Elastomers Market Share

Report ID: GMI2791
Published Date: Oct 2024
Report Format: PDF

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Recycled Elastomers Market Share

Companies include, GRP Ltd. has established itself as a leader in recycling technologies, focusing on innovative processes that enhance the quality of recycled elastomers for various applications. Liberty Tire Recycling is a prominent player in the tire recycling sector, significantly contributing to sustainability by processing millions of tires annually into valuable rubber products, which helps reduce landfill waste.

American Tire Recycling specializes in converting scrap tires into high-performance recycled materials, catering to diverse industries while promoting circular economy principles. West Coast Rubber Recycling is known for its commitment to eco-friendly practices, providing high-quality recycled rubber products that meet stringent industry standards, thereby supporting sustainable construction and landscaping.

Monmouth Rubber & Plastics Corp. has made notable strides by integrating recycled elastomers into its product lines, offering cost-effective and environmentally responsible solutions.

Recycled Elastomers Market Companies

Major players operating in the recycled elastomers industry are:

American Recycling Center
American Tire Recycling
Austin Rubber Company LLC
Genan Holding
Green Rubber Global
GRP Ltd.
J. Allcock & Sons Limited
Klean Industries
Liberty Tire Recycling
Monmouth Rubber & Plastics Corp.
RubberForm Recycled Products LLC
West Coast Rubber Recycling

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for recycled elastomers was valued at approximately USD 5.1 billion in 2023 and is expected to reach around USD 11.4 billion by 2032, driven by increasing environmental awareness and regulatory support for sustainable materials.

The infrastructure segment held a 24.4% market share in 2023, amounting to USD 1.2 billion, and is projected to grow at a 10.6% CAGR from 2024 to 2032, due to a growing focus on sustainability.

U.S. industry is projected to achieve USD 6 billion by 2032, driven by stringent environmental regulations and a strong focus on sustainability.

Major players in the industry include American Recycling Center, American Tire Recycling, Austin Rubber Company LLC, Genan Holding, Green Rubber Global, GRP Ltd., J. Allcock & Sons Limited, and Klean Industries.