The global natural reclaimed rubber market size was valued at USD 1.17 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2030. The increased demand for natural reclaimed rubber from end-use industries including automotive & aircraft tires, footwear, belts and hoses, and retreading is driving market growth during the forecast period. Natural reclaimed rubber from full tire scrap, tread peelings, and natural rubber tubes are used for various tire and rubber goods applications. Furthermore, reclaimed rubber has several advantages, including precise dosage, ease of administration, and a lower risk of contamination.The rising per capita income will accelerate the growth rate of the recovered rubber sector. Furthermore, the rising vehicle industry is boosting interest in recycled rubber due to its attributes such as heat and strong light resistance, which will further drive market value growth.
The U.S dominated the market for natural reclaimed rubber in 2022 and accounted for over 47% of the market share, in terms of revenue. The rising demand for the product from several end-use industries, including automotive, aerospace, footwear, consumer goods, and others is anticipated to boost the concrete crack injection resin market in the region.
Rising consumer awareness of cost-effective and environmentally friendly alternatives to virgin rubber creates profitable opportunities for market participants during the forecast period. Hence, the rising demand for natural reclaimed rubber will drive future growth in the natural reclaimed rubber industry.
Furthermore, the growing usage of natural reclaimed rubber in the production of textile and consumer goods products, along with increased aspiration-based purchasing, are driving up product demand. Rising demand for whole tire reclaim (WTR) is likely to boost the market growth throughout the forecast period.
Natural Tube Reclaim dominated the product segment in the market accounting for more than 46.0% of the total market share, in terms of revenue, in 2022. The rapid expansion rate of the automotive sector, along with expanding product use in the manufacturing of hoses, belts, and tires, will fuel the growth rate of the natural tube reclaimed rubber industry in the coming years.
The market is growing as ultra-high and high tensile natural reclaim is chosen in the automotive industry due to properties such as abrasion and temperature resistance. Furthermore, the increasing substitution of automotive tires, the increasing demand for durable rubber, the growing production scale of rubber manufacturers and their capital investment, and the proliferation of the automotive industry is expected to propel the market over the forecast period.
Automotive & aircraft tires dominated the market for natural reclaimed rubber and accounted for more than 61.0% of the total market share, in terms of revenue, in 2022. Increased natural rubber prices and technological advancements in rubber blends have increased the use of reclaimed rubber in tire and non-tire automobile applications.
Moreover, the rising international logistics sector and passenger travel as a result of regional and country-level travel limitations have boosted demand for airplane tires. Aircraft tires are made of conductive elastomer (natural rubber) and are subjected to extreme temperatures. They are augmented with strong and flexible materials like Kevlar to absorb more of the landing shock and support the natural rubber. Natural rubber has excellent abrasion resistance, tear resistance, and green strength and tack, allowing it to adhere to other materials.
In addition,the usage of natural reclaimed rubber in the manufacture of extruded items such as pump discharge hoses and drain tubes is further driving the market. Product demand is increasing due to the several uses of reclaimed rubber in the production of footwear, along with the rising aspiration-based purchasing, resulting in the growth of natural reclaimed rubber in the footwear and consumer goods industries.
Asia Pacific dominated the market and accounted for more than 52.0% share of regional revenue in 2022. The market is primarily driven owing to the notable rubber tire production in these countries. Furthermore, due to rising disposable income among the middle-class population and technology transfer from emerging markets, and the rapid growth in automotive production in China and India are expected to drive demand for natural reclaimed rubber in production of tires, and thus positively impacting the market for natural reclaimed rubber.
Europe is expected to grow at a significant rate in the coming years owing torising auto interest along with increased vehicle spending.The ban on landfills in the EU, as well as other favorable legal frameworks given by governments to encourage and assist recycling, have boosted product demand in developed countries, including France and Germany.
Due to the use of tires in the automobile industry in the region is likely to create demand for ultra-high and high tensile natural reclaim rubber in North America. Natural reclaimed rubber is widely used in the automotive, aviation, transportation, logistics, and shipping industries. The aforementioned factors are expected to expand the market during the forecast period.
Moreover, the increasing adoption of manufacturers for natural rubber is likely to fuel market growth in emerging economies, including Brazil, Argentina, and South Africa over the forecast period. Furthermore, increased demand for rubber in footwear and other molded goods is likely to fuel the market in the region.
The key players operating in the natural reclaimed rubber market include GRP LTD., HUXAR, SRI Impex Pvt. Ltd., Swani Rubber, Star Polymers Inc., and others along with some medium and small regional players. Major players are working on advancements for the manufacturing of natural reclaimed rubber owing to the rising demand from the automotive industry.
Most of the companies in the region are expected to increase their natural reclaimed rubber offerings to Asia Pacific, North America, and Europe owing to high market growth potential in these regions given the expansion of the market. Some of the prominent players operating in the global natural reclaimed rubber market are:
SRI Impex Pvt. Ltd.
Star Polymers Inc.
Valencia Rubber Tech LLP
SNR Reclamations Pvt. Ltd.
Minar Reclaimation Private Limited
Tianyu (Shandong) Rubber & Plastic Products Co., Ltd.
High Tech Reclaim Pvt. Ltd.
Market size value in 2023
USD 1.27 billion
Revenue forecast in 2030
USD 2.75 billion
CAGR of 11.6% from 2023 to 2030
Base year for estimation
2018 - 2022
2023 - 2030
Volume in kilotons, Revenue in USD million, and CAGR from 2023 to 2030
Volume forecast, revenue forecast, company ranking, competitive landscape, growth factors, and trends
Product, end-use, region
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
U.S.; Canada; Mexico; UK; Germany; France; Italy; Spain; The Netherlands; China; India; Japan; South Korea; Australia; Malaysia; Singapore; Thailand; Vietnam; Brazil; Argentina; Saudi Arabia; United Arab Emirates (UAE); South Africa
Key companies profiled
GRP LTD.; HUXAR; SRI Impex Pvt. Ltd.; Swani Rubber; Star Polymers Inc.; Valencia Rubber Tech LLP; SNR Reclamations Pvt. Ltd.; Minar Reclaimation Private Limited; Tianyu (Shandong) Rubber & Plastic Products Co., Ltd.; High Tech Reclaim Pvt. Ltd.
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This report forecasts revenue and volume growth at regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global natural reclaimed rubber market report based on product, end-use, and country:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
High Tensile Natural Reclaim
Ultra-High And High Tensile Natural Reclaim
Natural Tube Reclaim
End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Automotive & Aircraft Tires
Belts & Hoses
Molded Rubber Goods
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Central & South America
Middle East & Africa
United Arab Emirates (UAE)
b. The global natural reclaimed rubber market size was estimated at USD 1.17 billion in 2022 and is expected to reach USD 1.27 billion in 2023.
b. The global natural reclaimed rubber market is expected to grow at a compound annual growth rate of 11.6% from 2023 to 2030 to reach USD 2.75 billion by 2030.
b. Asia Pacific dominated the natural reclaimed rubber market with a share of 38.99% in 2022. Asia Pacific super absorbent polymer market is expected to witness a significant growth over the forecast period due to rising disposable income among the middle-class population and technology transfer from emerging markets and the rapid growth in automotive production in China and India.
b. Some of the key players operating in the natural reclaimed rubber market include GRP LTD., HUXAR, SRI Impex Pvt. Ltd., Swani Rubber, Star Polymers Inc., Valencia Rubber Tech LLP, SNR Reclamations Pvt. Ltd., and Minar Reclaimation Private Limited.
b. Key factors driving the natural reclaimed rubber market growth include the increased demand for reclaimed rubber from end-use industries including automotive & aircraft tyres, footwear, belts and hoses, retreading.
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