Reclaimed rubber market

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Reclaimed Rubber MarketSet to Exceed USD 6.53
Billion by 2026 CAGR 12.03

• Reclaimed Rubber Market Share, Size, Trends,
  Industry Analysis Report By Product (WTR, Butyl
  Reclaim, EPDM, Drab Colored), By Application
  (Automotive Aircraft Tires, Cycle Tires,
  Retreading, Belts Hoses, Footwear, Molded
  Rubber Goods), By Regions, Segments Forecast,
  2019 - 2026

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Reclaimed Rubber Market Estimate Forecast to
2026
The global reclaimed rubber market size is
estimated to reach USD 6.53 billion by 2026
growing at a CAGR of 12.03 during the forecast
period, according to a new study published by
Polaris Market Research. The global reclaimed
rubber market is primarily driven by the
expanding automotive aerospace industries.
Rising natural rubber prices have also forced
automobile manufacturers to shift towards
products with lower processing costs and
recyclable products or rubber blends. The
industry is extensively driven by the demand of
reclaimed rubber in tire industry.   Construction
has also witnessed significant consumption of
reclaimed rubber in flat roof covering on account
of weather heat resistance properties. Growing
demand from the residential application and
various industries for floor matting is further
anticipated to strengthen the demand. Increase in
the utilization for electronics, packaging, and
other industrial applications due to good aging
and fast processing has positively influenced the
demand of reclaimed rubber.   Moreover, favorable
regulations concerning recycling, sustainability,
and substitution for synthetic and natural rubber
has resulted in the increased demand. Rising
consumer preference regarding materials with
lesser environmental impact and lower processing
costs is further likely to strengthen the
reclaimed rubber market growth. Footwear,
automotive aerospace tires,and other molded
rubber goods manufacturers have been using the
blends of reclaimed rubber at large scale.
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Reclaimed Rubber Market Scope
By Product By Application By Region Report Attributes
WTR Butyl Reclaim EPDM Drab Colored Others Automotive Aircraft Tires Cycle Tires Retreading Belts Hoses Footwear Molded Rubber Goods North America Europe Asia Pacific Latin America Middle East Africa Historic year 2015-2017 Base year 2018 Forecast Year 2019-2026 Revenue (USD Billion)
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Reclaimed Rubber Market Estimate Forecast to
2026
Asia Pacific is the largest regional market for
the reclaimed rubber industry. The growth in the
region is primarily due to the rapidly growing
industrial manufacturing activities of the
developing nations such as China, India, and the
Southeast Asian countries. In addition to this,
developed countries are likely to witness growth
at below-average rates in comparison to the other
regions across the globe. Europe and North
America are also expected to witness considerable
growth during the forecast period due to
utilization of reclaimed rubber in large and
rapidly growing automotive industry. The global
reclaimed rubber market is highly competitive and
moderately fragmented. It is also characterized
by numerous small-scale industrial producers.
Some of the key reclaimed rubber market players
include Rolex Reclaim Pvt. Ltd., J. Allcock
Sons, Sun Exims (India) Pvt. Ltd., Star Polymers,
GRP (Gujarat Reclaim Rubber Product Ltd.),
Genan, Huxar Reclamation, Titan International
Ltd., Swani Rubber Industries, and Balaji Rubber
Reclaim.





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