TMCnet News
Tire Recycling Downstream Products Market to Reach US$ 7.04 Bn by 2031: TMR Study
Wilmington, Del., Aug. 4, 2022 /PRNewswire/ -- The global market study on tire recycling downstream products market is witnessing investments in end-of-tire shredding recycling and energy recovery processes. Advancements in shredding techniques have continually enriched the global market study on tire recycling downstream products market. The tire recycling downstream products market revenue is projected to reach US$ 7.04 Bn by the end of 2031.  Ongoing trends of tire recycling downstream products market suggest that business prospects of tire-derived fuel have grown steadily, particularly in Europe. End of life tires (ELTs) stridently formed a common alternative to fossil fuels. Rubber powder has emerged as a popular tire recycling downstream product, given the wide range of applications it can be put into, and thus will promote sustainable economy. The segment is likely to spur demand for tire recycling downstream products market. Advances in shredding recycling techniques are expected to play a crucial in deciding the course of the evolution of the tire recycling downstream products market. The segment accounted for a major market share in 2021. Strides in the concept of reduce, reuse, recycle and recover waste for scrap tire management will expand revenue possibilities in the market. Request a Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72929 Key Findings of Tire Recycling Downstream Products Market Study · Rise in Automotive Production to Spur Demand for Tire Recycling Downstream Products: Asian economies have recently emerged as manufacturing hubs, mainly China, on account of low cost of production and easy availability of raw materials. Favorable production environments, coupled with massive consumer demand for vehicles, have spurred automobile production in such regions. With circular economy likely to remain overarching sustainability initiative for all industries including for automobile production, the demand for tire recycling downstream products will get a robust fillip in the near future. These initiatives also promote environmental-friendly ways of disposing scrap tires. · Sustainable Industry Practices for Circular Economy Catalyzing Tire Recycling Downstream Products Market: The study has observed rise in utilization of products in the road construction application, in addition to automotive industry. The products are meeting the criterion of cost-effective high-performance road construction materials. Indeed, developed nations have witnessed rise in demand for rubber powder used in road surfaces. In this regard, advanced tire shredding techniques will expand the avenue for players in the tire recycling downstream products. Tire Recycling Downstream Products Market: Key Drivers
Make an Enquiry Before Buying: https://www.transparencymarketresearch.com/saple/sample.php?flag=EB&rep_id=72929 Tire Recycling Downstream Products Market: Regional Growth Dynamics
Tire Recycling Downstream Products Market: Key Players Most players are geared toward adopting new shredding and recycling technologies to strengthen their positions. To this end, a number of companies are implementing the competitive strategy of mergers and acquisitions. Some of the key players in the market are ETR Group, Probio Energy International, West Coast Rubber Recycling Inc., West Coast Rubber Recycling Inc., L & S Tire Company, Lakin Tire West Inc., ResourceCo Pty Led, Ragn-Sells Group, and Liberty Tire Recycling. Ask References: https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=72929 Tire Recycling Downstream Products Market Segmentation
Regions
Countries
Browse More Chemicals & Materials Market Reports by TMR: Flexographic Printing Inks Market - Flexographic Printing Inks Market to Reach US$ 7.7 Bn in Value by 2031 Naphthenic Base Oil Market - Naphthenic Base Oil Market is likely to register a CAGR of 3.9% during the forecast period and is anticipated to reach a naphthenic base oil market share of US$ 3.6 Bn by 2031 Silicone Rubber Market - Silicone Rubber Market is likely to register a CAGR of 5.52% during the forecast period and is anticipated to reach a silicone rubber market share of US$ 2.6 Bn by 2031 Soft Magnetic Composite Market - Soft Magnetic Composite Market is likely to register a CAGR of 7.2% during the forecast period and is anticipated to reach a soft magnetic composite market share of US$ 9.8 Bn by 2031 Glass Reinforced Epoxy (GRE) Pipes Market - Glass Reinforced Epoxy (GRE) Pipes Market is likely to register a CAGR of 4.8% during the forecast period and is anticipated to reach a glass reinforced epoxy (GRE) pipes market share of US$ 2.9 Bn by 2031 U.S. Antimicrobial Plastics Market - U.S. Antimicrobial Plastics Market is likely to register a CAGR of 5.5% during the forecast period and is anticipated to reach a U.S. antimicrobial plastics market share of US$ 1.8 Bn by 2031 Polyurethane (PU) Dispersions (Aqueous and Solvent) Market - Polyurethane (PU) Dispersions (Aqueous and Solvent) Market is likely to register a CAGR of 5.5% during the forecast period and is anticipated to reach a polyurethane (pu) dispersions (aqueous and solvent) market share of 779.3 Kilo Tons by 2031 EVA Resins & Films Market - EVA Resins & Films Market is likely to register a CAGR of 5% during the forecast period and is anticipated to reach a EVA resins & films market share of US$ 7.4 Bn by 2031 About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports. For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ Contact Us: Rohit Bhisey Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg
SOURCE Transparency Market Research 
|
View original content: