Reclaimed Rubber Market To Reach $2,514.88 Million By 2030

January 2025 | Report Format: Electronic (PDF)

Reclaimed Rubber Market Growth & Trends

The global reclaimed rubber market size is expected to reach USD 2,514.88 million by 2030, registering a CAGR of 7.72% from 2025 to 2030, according to a new report by Grand View Research, Inc.

The market is projected to witness substantial growth due to increasing consumption from end-use, coupled with propelling demand from automotive & aircraft tires, owing to technological developments that have increased their processing advantages in tire application. However, footwear is anticipated to be the fastest-growing segment with high consumption of shoe soles, heels, and liners.

The Asia Pacific emerged as the dominant region, accounting for over 53% of market value in 2021 and is also anticipated to be the fastest-growing region during the forecast period. The growing automotive & aerospace industry, especially in China, Thailand & India is expected to remain a significant factor influencing demand over the forecast year. Furthermore, increasing industrial manufacturing activities in the region have led to high product demand in non-tire applications such as battery boxes, consumer goods, medical molded, and mats & flooring.

Whole tyre reclaimed rubber dominated the reclaimed rubber market across the product segmentation in terms of revenue, accounting to a market share of 45.74% in 2024. To create a high-grade and endured product, the carbon black is filled into the thread portion of scrap tires. EPDM rubber is a terpolymer of propylene, ethylene, propylene, and a diene component. It has ethylene content in the range of 45% to 85% and higher ethylene content offers better mixing and extrusion.

The industry is characterized by the presence of several small scale industrial producers with antiquated production technologies and limited capacity, especially in developing nations such as India, which has provided a significant advantage to new industry participants possessing better processing technologies.


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Reclaimed Rubber Market Report Highlights

  • Whole tyre reclaimed rubber dominated the reclaimed rubber market across the product segmentation in terms of revenue, accounting to a market share of 45.74% in 2024.

  • EPDM rubber is a terpolymer of propylene, ethylene, propylene, and a diene component. It has ethylene content in the range of 45% to 85% and higher ethylene content offers better mixing and extrusion.

  • Automotive & aircraft tyres dominated the reclaimed rubber market across the application segmentation in terms of revenue, accounting to a market share of 61.29% in 2024.

  • The video analytics segment accounted for the largest market revenue share in 2023. Video analytics use advanced algorithms and artificial intelligence (AI) to analyze real-time video feeds, enabling automated detection of suspicious activities, behavioral patterns, and potential security threats.

  • Asia Pacific reclaimed rubber market dominated the global market and accounted for the largest revenue share of 52.93% in 2024, which is attributable to the rapid growth of the automotive and construction industries, fueled by increasing urbanization and infrastructure development.

Reclaimed Rubber Market Segmentation

Grand View Research has segmented global reclaimed rubber market report on the basis of product, end-use, and region:

Reclaimed Rubber Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Whole Tyre Reclaim Rubber

  • Butyl Reclaim Rubber

  • EPDM Reclaimed Rubber

  • Others

Reclaimed Rubber End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Automotive & Aircraft Tyres

  • Retreading

  • Belts & Hoses

  • Footwear

  • Molded Rubber Goods

  • Others

Reclaimed Rubber Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • GCC Countries

List of Key Players of Reclaimed Rubber Market

  • GRP Ltd

  • J. Allcock & Sons Ltd

  • Rolex Reclaim Pvt. Ltd.

  • Fishfa Rubbers Ltd.

  • HUXAR

  • Tianyu (Shandong) Rubber & Plastic Products Co., Ltd.

  • Swani Rubber Industries

  • Minar Reclaimation Private Limited

  • SRI Impex Pvt. Ltd.

  • SNR Reclamations Pvt. Ltd.

  • High Tech Reclaim Pvt. Ltd.

  • Balaji Rubber Industries (P) Ltd.

  • Star Polymers Inc.

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