Title: Reclaimed Rubber Market Growth And Forecast 2021 - 2026
1Reclaimed Rubber MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2021-2026)
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- The Reclaimed Rubber Market size is forecast to
reach US6.6 billion by 2026, after growing at a
CAGR of 10.6 during the forecast period
(2021-2026). - Reclaimed rubber is reliable rubber that is
obtained through various thermo-synthetic cycles.
By shortening the polymer chain, reclaimed rubber
is relaxed. - According to the Korea Trade Investment
Promotion Agency (KOTRA), there is a strong
demand for commercial vehicles in Saudi Arabia. - The commercial vehicle sales were about 82,027
units in 2018 and is expected to reach about
97,188 by 2023.
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- Key Takeaways
- Asia Pacific dominates the reclaimed rubber
market, owing to the increasing production of
vehicles. According to OICA, the production of
passenger cars has increased by 2.6 in Malaysia
in 2019. - Because of manageability, lower energy
consumption, and cost-effectiveness, reclaimed
rubber is widely used in modern applications
instead of engineered elastic. - As part of their corporate social responsibility,
industry players are attempting to discover
better ways to reduce/alleviate the environmental
harm caused by butyl rubber production. This is
expected to support market development plans
sooner.
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By Distribution Channel- Segment Analysis The
increasing demand for whole tires reclaim (WTR)
is a prominent trend in the global market for
reclaimed rubber, and it is expected to
contribute considerably to the industry in the
years to come. Whole tires reclaim (WTR) is
growing at a CAGR of 10.4 during the forecast
period (2021-2026). The high demand arises from
its high adaptability and durability, as well as
its low processing costs and low environmental
impact. Ethylene propylene diene monomer (EPDM),
on the other hand, is expected to gain a
significant share in the future, due to
technological advancements that have resulted in
improved product qualities and sustainability.
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- Reclaimed Rubber Market Outlook
- SABIC
- BASF SE
- 3M
- Sumitomo Chemicals
- Covestro AG
- Mitsubishi Chemical Holdings Corp.
- LyndollBasell Industries N.V.
- Evonik Industries AG
- Mapei SpA, Ashland, Inc,
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Reclaimed Rubber Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026 Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Reclaimed-Rubber-Market-Research-503426
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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