Global Recycled Elastomers Market size worth over $6bn by 2025

Recycled Elastomers Market size will surpass USD 6 billion by 2025; according to a new research report by Global Market Insights Inc.
 

Growth in the home and gardening industry of North America, owing to the improved living standards, resulted in an increase in investments by consumers for their gardens as extension for their homes. In 2017 alone, the market for home and garden in the U.S. reached about USD 272 billion and this is expected to grow by another USD 10 billion by the end of 2018. This will be one of the major propelling factors that will impact the recycled elastomers market growth in a positive manner.
 

Recycled elastomers, mainly made from end of life tires, are used in flooring tiles and sheets for gardens, bathrooms, kitchens, laundry rooms, etc. The product is widely used as a substitute for traditional wood bark for landscaping and garden surfacing applications, due to its superior properties as it does not decompose, dry, blow away, retains heat, color shapes and acts as a suppressant for bugs and weeds. The above-mentioned trend is anticipated to follow and will give an up thrust to the recycled elastomers market in future.
 

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Growth in the sports industry will result as the major contributing factor for the growth of global recycled elastomers market in coming years. Reclaimed rubbers are used in playground surfaces as well as in sports grounds. Crumb rubber which is derived from end of life tires are mostly used as the infill materials for synthetic turf fields. The product is spread between the grass fibers to provide cushioning and traction to the players while they are playing. Increasing commercialization of sports events will encourage the people across the globe to play professional sports, and thus will boost the building of new playgrounds as well as repairing old ones for training and playing purposes. This will boost the recycled rubber market growth in the forecast timeframe.
 

Browse key industry insights spread across 350 pages with 500 market data tables & 22 figures & charts from the report, “Recycled Elastomers Market Size By Raw Material (Styrene Butadiene Rubber, Nitrile Butadiene Rubber, Propylene Rubber, Chloroprene Rubber, Natural Rubber, Polyurethane Rubber), By Application (Medical, Agriculture, Sports Product, Playground Surfaces, Infrastructure, Home & Garden), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Oceania, Thailand, Malaysia, Philippines, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/recycled-elastomers-market
 

Based on revenue, the recycled styrene butadiene rubber will observe a CAGR over 13% over the forecast spell. Product properties such as shock & sound absorption, non-slipperiness, light weight, permeability, insulation, and abrasion & crack resistance makes them acceptable by various industries and makes them superior over the traditional materials.
 

Infrastructure industry shows a substantial growth among the application segment of the recycled elastomers market with annual growth rate of around 10% over the forecast time. Surge in investment in construction projects by government and private sectors across the world will significantly boost the product demand in future.
 

On the basis of volume, Asia Pacific recycled elastomers market will witness the CAGR close to 13%. Population growth and rise in disposable income of the individuals in the region will substantially augment the medical, agriculture, sports product, infrastructure, home & garden industry in Asia Pacific, thus prompting the recycled rubber demand positively in Asia Pacific.
 

Some of the prominent players in the recycled elastomers market include GRP Ltd., Liberty Tire Recycling, American Tire Recycling, West Coast Rubber Recycling, Monmouth Rubber & Plastics Corp., J.Allcock & Sons Limited, RubberFoam Recycled Products LLC, American Recycling Center, Green Rubber One Sdn. Bsd., Austin Rubber Company LLC, Klean Industries, Genan Holding A/S, Rubbergreen, Entech Inc., Emanuel Tire Co and others.
 

Recycled elastomers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2014 to 2025, for the following segments:
 

Recycled Elastomers Market, Raw Material by Application

• Styrene Butadiene Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others
• Nitrile Butadiene Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others
• Propylene Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others
• Chloroprene Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others
• Natural Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others
• Polyurethane Rubbers
  • Medical
  • Agriculture
  • Sports Product
  • Playground Surfaces
  • Infrastructure
  • Home & Gardens
  • Others

Recycled Elastomers Market By Application

• Medical
• Agriculture
• Sports Product
• Playground Surfaces
• Infrastructure
• Home & Gardens
• Others

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Oceania (Australia, New Zealand, etc.)
  • Thailand
  • Malaysia
  • Philippines
  • South Korea
• Latin America (LATAM)
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait