PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719342
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719342
U.S. Tire & Rubber Recycling Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2032)
The U.S. tire and rubber recycling market is anticipated to grow from USD 2.06 billion in 2024 to USD 2.84 billion by 2032, at a compound annual growth rate (CAGR) of 4.2%. This growth is driven by increasing environmental concerns, stricter regulations on tire disposal, and a growing demand for sustainable materials. Recycling technologies, such as pyrolysis and mechanical recycling, are advancing, allowing companies to transform waste tires into valuable resources like fuel, rubber for roads, and new tires. Additionally, regulatory pressures on businesses to adopt sustainable practices are driving market expansion.
Key Insights
Mechanical recycling is the largest processing method, capturing 30% of the market share, due to its cost-effectiveness and ability to handle large quantities of waste tires.
Pyrolysis is the fastest-growing method, driven by its ability to produce carbon black and other valuable by-products from old tires.
Tire-derived fuel remains the largest product category, as it is widely used in industries like cement manufacturing for its energy value.
Crumb rubber is the fastest-growing product, with a 4% CAGR, fueled by its increasing use in asphalt, playgrounds, and sports fields due to its durability and sustainability.
The automotive sector is the largest consumer of recycled tire products, accounting for 35% of the market, as recycled rubber is used extensively in the production of new tires and automotive components.
The construction and infrastructure sector is experiencing rapid growth as recycled rubber is increasingly used in road construction and rubberized concrete.
End-of-life tires represent the largest source of recycled material, making up 40% of the market, due to the environmental risks posed by improper disposal.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Processing Technology
- 1.4.2. Market Size Breakdown, by Product Type
- 1.4.3. Market Size Breakdown, by End Use
- 1.4.4. Market Size Breakdown, by Source
- 1.5. Market Data Reporting Unit
- 1.5.1. Revenue
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Industry Background
- 5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
- 5.3. Impact of COVID-19
- 5.4. Sociopolitical Impact
- 5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
- 5.6. Market Entry Strategies
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Market Share of Key Players (2024)
- 6.3. Competitive Benchmarking of Key Players
- 6.4. Product Benchmarking of Key Players
- 6.5. Recent Strategic Developments by Key Players
- 6.6. Company Leadership Matrix
Chapter 7. U.S. Market
- 7.1. Overview
- 7.2. Market Revenue, by Processing Technology (2019-2032)
- 7.3. Market Revenue, by Product Type (2019-2032)
- 7.4. Market Revenue, by End Use (2019-2032)
- 7.5. Market Revenue, by Source (2019-2032)
- 7.6. Market Revenue, by Region (2019-2032)
Chapter 8. Company Profiles
Chapter 9. Appendix
- 9.1. Sources and References
- 9.2. Related Reports
