The Recycled Elastomers Market is expected to register a CAGR of 11.0% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by raw material (styrene butadiene rubber, nitrile rubber, propylene rubber, chloroprene rubber, natural rubber, polyurethane rubber, and others). The report is further segmented by application (medical, agriculture, sports products, playground surfaces, infrastructure, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Recycled Elastomers Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Recycled Elastomers Market Segmentation
Raw Material- Styrene Butadiene Rubber
- Nitrile Rubber
- Propylene Rubber
- Chloroprene Rubber
- Natural Rubber
- Polyurethane Rubber
- Medical
- Agriculture
- Sports Products
- Playground Surfaces
- Infrastructure
Strategic Insights
Recycled Elastomers Market Growth Drivers- Increasing Environmental Awareness: The key driver for the recycled elastomers market is increasing environmental awareness. People worldwide are growingly concerned about the harm caused by waste rubber to the ecosystem. Hence, the industry focus has shifted toward finding sustainable alternatives. This can be achieved by way of reducing landfill waste and minimizing virgin material usage with recycled elastomers. The pressure on businesses to meet sustainability goals and adopt eco-friendly practices is pushing them to use recycled rubber in their products such as tires, seals, footwear thus driving demand for recycled elastomers.
- Favorable Government Policies and Regulations: Governments across the globe have also implemented waste reduction and recycling policies. The policies include EPR, mandatory tire recycling, and green building certifications. These make businesses seek recycled elastomers, among other materials. For instance, tire producers are encouraged to collect used tires and recycle the recyclable elastomers for reuse in new products. Regulations raise the affordability of recycling and provide a stable market for recycled elastomers.
- Cost Effectiveness of Recycled Elastomers: Recycled elastomers are cheaper than virgin materials, making the usage a great choice for producers aiming to reduce manufacturing costs. The cost savings come from lower raw material costs and significant costs in manufacturing. As cost-effective alternatives become in greater demand from businesses operating in industries like automotive, construction, and others, using recycled elastomers continues to gain momentum. This is becoming even stronger, given the increasing trend toward reducing operations costs without compromising performance.
- Advancements in Recycling Technologies: The latest developments in recycling technologies have enhanced the efficiency and quality of recycled elastomers. In this regard, newer developments, like devulcanization techniques that remove sulfur cross-links in the rubber, allow for increased recovery and reuse of elastomers from end-of-life tires and other rubber products. These new developments allow a better quality of recycled rubber and make it more compatible for a wide range of applications, such as even in high-performance sectors of automobiles and aerospace.
- Growth in High-Performance Applications: The trend of growing high-performance applications of recycled elastomers is rising. The conventional applications of recycled elastomers were low-performance industries due to their perceived susceptibility and quality. However, new trends in recycling processes and improving rubber quality have made it possible for rubber recycled from tires to be used for more demanding industries. Those are the automotive industry applications, such as tires, seals, and gaskets, and construction applications, such as road surface and flooring.
- Automotive Industry Demand: The automotive industry continues to be one of the largest consumers of elastomers, and the steady rise in demand for sustainable products pushes the sector to use increasing amounts of recycled elastomers in manufacturing automotive parts. Recycled elastomers are used in tires, seals, and gaskets. In addition, the rising trend of electric vehicles further opens up opportunities for recycled rubber to make lightweight and energy-efficient parts for automobiles.
- Tire Industry as a Key Source of Recycled Elastomers: The tire industry is a primary source of elastomer recycled materials since millions of tires are discarded yearly. Opportunities in up-cycling old tires into materials useful for many applications, from construction and automobiles to household items, expand the market scope. Advancements in tire recycling technologies create new ways of recovering elastomers that have previously gone to waste, unlocking revenue and reducing environmental harm.
- Emphasis on Circular Economy Principles: More industries are emphasizing circular economy principles, thus the scope in which recycled elastomers might be sourced from end-of-life products is growing ever wider. The range now extends from tires beyond industrial rubber components, shoes, and other consumer items. Businesses will be in a position to open new supply chains and market openings in such sectors as footwear, and construction materials if the flows of elastomer recycling streams get extended.
- Demand for Green Building Materials: One consequence of this trend is increasing demands for green building materials-such as recycled elastomers-sustaining infrastructure, says Watters. Recycled rubber for applications like rubberized asphalt flooring and insulation displays excellence in durability and performance, added the official. Sustainable construction material trends and requirements from governments for sustainable city and town development create the majority of opportunities for building elastomers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Recycled Elastomers Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Recycled Elastomers Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Raw Material, Application, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Frequently Asked Questions
Integration of recycled elastomers in high-performance applications is expected to be the key market trend.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the recycled elastomers market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
Ewmet Sp Zoo, RUBRIG, Gianeco, TIRES SpA, KRAIBURG TPE GmbH & Co KG, GRP ltd, J. Allcock and Sons Ltd, Klean Industries Inc, Genan Holding, and RADO Gummi GmbH
The major factors driving the recycled elastomers market are:
1. Environmental Concerns and Sustainability.
2. Regulatory Support and Legislation.
The Recycled Elastomers Market is estimated to witness a CAGR of 11.0% from 2023 to 2031
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
- Recycled Elastomers Market - By Raw Material
- Recycled Elastomers Market - By Application
- Recycled Elastomers Market - By Region
- By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RECYCLED ELASTOMERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. RECYCLED ELASTOMERS MARKET - KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. RECYCLED ELASTOMERS MARKET - GLOBAL MARKET ANALYSIS
6.1. RECYCLED ELASTOMERS - GLOBAL MARKET OVERVIEW
6.2. RECYCLED ELASTOMERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
7. RECYCLED ELASTOMERS MARKET REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. STYRENE BUTADIENE RUBBER
7.3.1. Overview
7.3.2. Styrene Butadiene Rubber Market Forecast and Analysis
7.4. NITRILE BUTADIENE RUBBER
7.4.1. Overview
7.4.2. Nitrile Butadiene Rubber Market Forecast and Analysis
7.5. PROPYLENE RUBBER
7.5.1. Overview
7.5.2. Propylene Rubber Market Forecast and Analysis
7.6. CHLOROPRENE RUBBER
7.6.1. Overview
7.6.2. Chloroprene Rubber Market Forecast and Analysis
7.7. NATURAL RUBBER
7.7.1. Overview
7.7.2. Natural Rubber Market Forecast and Analysis
7.8. POLYURETHANE RUBBER
7.8.1. Overview
7.8.2. Polyurethane Rubber Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Other Rubber Market Forecast and Analysis
8. RECYCLED ELASTOMERS MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MEDICAL
8.3.1. Overview
8.3.2. Medical Market Forecast and Analysis
8.4. AGRICULTURE
8.4.1. Overview
8.4.2. Agriculture Market Forecast and Analysis
8.5. SPORTS PRODUCT
8.5.1. Overview
8.5.2. Sports Product Market Forecast and Analysis
8.6. PLAYGROUND SURFACES
8.6.1. Overview
8.6.2. Playground Surfaces Market Forecast and Analysis
8.7. INFRASTRUCTURE
8.7.1. Overview
8.7.2. Infrastructure Market Forecast and Analysis
8.8. HOME & GARDEN
8.8.1. Overview
8.8.2. Home & Garden Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Other Market Forecast and Analysis
9. RECYCLED ELASTOMERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America Recycled Elastomers Market Overview
9.1.2. North America Recycled Elastomers Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis - By Raw Material
9.1.4. North America Market Forecasts and Analysis - By Application
9.1.5. North America Market Forecasts and Analysis - By Countries
9.1.5.1. US market
9.1.5.1.1. US Market by Raw Material
9.1.5.1.2. US Market by Application
9.1.5.2. Canada market
9.1.5.2.1. Canada Market by Raw Material
9.1.5.2.2. Canada Market by Application
9.1.5.3. Mexico market
9.1.5.3.1. Mexico Market by Raw Material
9.1.5.3.2. Mexico Market by Application
9.2. EUROPE
9.2.1. Europe Recycled Elastomers Market Overview
9.2.2. Europe Recycled Elastomers Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis - By Raw Material
9.2.4. Europe Market Forecasts and Analysis - By Application
9.2.5. Europe Market Forecasts and Analysis - By Countries
9.2.5.1. France market
9.2.5.1.1. France Market by Raw Material
9.2.5.1.2. France Market by Application
9.2.5.2. Germany market
9.2.5.2.1. Germany Market by Raw Material
9.2.5.2.2. Germany Market by Application
9.2.5.3. Italy market
9.2.5.3.1. Italy Market by Raw Material
9.2.5.3.2. Italy Market by Application
9.2.5.4. Russia market
9.2.5.4.1. Russia Market by Raw Material
9.2.5.4.2. Russia Market by Application
9.2.5.5. UK market
9.2.5.5.1. UK Market by Raw Material
9.2.5.5.2. UK Market by Application
9.2.5.6. Rest of Europe market
9.2.5.6.1. Rest of Europe Market by Raw Material
9.2.5.6.2. Rest of Europe Market by Application
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific Recycled Elastomers Market Overview
9.3.2. Asia Pacific Recycled Elastomers Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis - By Raw Material
9.3.4. Asia Pacific Market Forecasts and Analysis - By Application
9.3.5. Asia Pacific Market Forecasts and Analysis - By Countries
9.3.5.1. South Korea
9.3.5.1.1. South Korea Market by Raw Material
9.3.5.1.2. South Korea Market by Application
9.3.5.2. China market
9.3.5.2.1. China Market by Raw Material
9.3.5.2.2. China Market by Application
9.3.5.3. India market
9.3.5.3.1. India Market by Raw Material
9.3.5.3.2. India Market by Application
9.3.5.4. Japan market
9.3.5.4.1. Japan Market by Raw Material
9.3.5.4.2. Japan Market by Application
9.3.5.5. Australia market
9.3.5.5.1. Australia Market by Raw Material
9.3.5.5.2. Australia Market by Application
9.3.5.6. Rest of APAC market
9.3.5.6.1. Rest of APAC Market by Raw Material
9.3.5.6.2. Rest of APAC Market by Application
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa Recycled Elastomers Market Overview
9.4.2. Middle East and Africa Recycled Elastomers Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis - By Raw Material
9.4.4. Middle East and Africa Market Forecasts and Analysis - By Application
9.4.5. Middle East and Africa Market Forecasts and Analysis - By Countries
9.4.5.1. South Africa market
9.4.5.1.1. South Africa Market by Raw Material
9.4.5.1.2. South Africa Market by Application
9.4.5.2. Saudi Arabia market
9.4.5.2.1. Saudi Arabia Market by Raw Material
9.4.5.2.2. Saudi Arabia Market by Application
9.4.5.3. UAE market
9.4.5.3.1. UAE Market by Raw Material
9.4.5.3.2. UAE Market by Application
9.4.5.4. Rest of MEA market
9.4.5.4.1. Rest of MEA Market by Raw Material
9.4.5.4.2. Rest of MEA Market by Application
9.5. SOUTH AMERICA (SAM)
9.5.1. South America Recycled Elastomers Market Overview
9.5.2. South America Recycled Elastomers Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis - By Raw Material
9.5.4. South America Market Forecasts and Analysis - By Application
9.5.5. South America Market Forecasts and Analysis - By Countries
9.5.5.1. Brazil market
9.5.5.1.1. Brazil Market by Raw Material
9.5.5.1.2. Brazil Market by Application
9.5.5.2. Argentina market
9.5.5.2.1. Argentina Market by Raw Material
9.5.5.2.2. Argentina Market by Application
9.5.5.3. Rest of SAM market
9.5.5.3.1. Rest of SAM Market by Raw Material
9.5.5.3.2. Rest of SAM Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
11. RECYCLED ELASTOMERS MARKET, KEY COMPANY PROFILES
11.1. AMERICAN RECYCLING CENTER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products & Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMERICAN TIRE RECYCLING GROUP LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products & Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. AUSTIN RUBBER COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products & Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GRP LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products & Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. J. ALLCOCK & SONS LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products & Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KLEAN INDUSTRIES INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products & Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LIBERTY TIRE RECYCLING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products & Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MONMOUTH RUBBER & PLASTICS CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products & Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RUBBERFORM RECYCLED PRODUCTS, LLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products & Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WEST COAST RUBBER RECYCLING
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products & Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. American Recycling Center
2. American Tire Recycling Group LLC
3. Austin Rubber Company
4. GRP Ltd
5. J. Allcock & Sons Ltd
6. Klean Industries Inc.
7. Liberty Tire Recycling
8. Monmouth Rubber & Plastics Corporation
9. RubberForm Recycled Products, LLC
10. West Coast Rubber Recycling
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For