Bharat Book Bureau Provides the Trending Market Research Report on “Global Market for the Tire and Rubber Remediation and Recycling Industry” under Materials Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Globally, an estimated 1 billion tires reach the end of their useful lives every year. The disposal of scrap tires in environmentally sound and productive ways continues to be a top priority for the tire business. Various regional efforts by governmental authorities, the tire industry and individual manufacturers are currently underway to address the issue of scrap tires, and progress is being made. Scrap tires recovery provides cost-effective and environmentally sound energy for several industries. It also provides innovative materials for civil engineering projects. Scrap tires can replace other limited natural resources. Scrap tires have various uses and they are increasingly being viewed as a resource instead of a waste. Environmental issues continue to be a driving force behind scrap tires recycling, and as the recycling industry develops with legislative and infrastructure support, it is becoming clear that there can be many significant benefits.
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This report provides an overview of the Asia-Pacific, North American, European, South American, and Africa and Middle East markets for scrap tires management and rubber remediation applications. The report examines market trends and challenges, investment opportunities, as well as obstacles and market barriers. Developing markets are also covered in the report.
The Global scrap tires management and rubber remediation applications market reached $REDACTED billion in 2016 and $REDACTED billion in 2017. BCC Research field analysis expects that scrap tires management and rubber remediation applications global market will continue to show remarkable growth in the next five years and will reach $REDACTED billion by the end of 2022 at a projected five-year compound annual growth rate (CAGR) of REDACTED%. In 2016, ground rubber recycling applications was the largest market segment, followed by scrap tires treatment technologies. The main end-markets for scrap tires are tire-derivedfuel, civil engineering applications, ground rubber applications and cut, punched and stamped rubber products.
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