This report provides exclusive insights into the COVID-19 impact on the Tire Recycling Downstream Products Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Tire Recycling Downstream Products Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Tire Recycling Downstream Products Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on tire
recycling downstream products market provides an in-depth analysis of segments and
sub-segments in the global as well as regional tire recycling downstream
products market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional tire recycling downstream
products market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global tire
recycling downstream products market. According to the report, the global tire
recycling downstream products market is projected to grow at a healthy CAGR
over the forecast period of 2019-2025.
Tire recycling transforms end-of-life tires ad tubes into useful
products required in several applications. The leading players are encouraging
innovations to gain a sustainable future for the tire industry. Companies
operating in global tire recycling downstream products market are focusing on
strategic collaborations, mergers, and acquisitions that maximize their market
The rising automotive industry drives the growth of tire recycling
downstream products market. The tire is recycled to produce waste bins which
are increasingly used in municipal corporations in developed countries that
contribute to the growth of tire recycling downstream products market. There is
a surge in demand for high-performance road construction materials. Raw
material costs are increasing that boosts the demand for alternative
substitutes. Rubber powder maximizes the quality of asphalt which is
cost-effective and it is utilized in several road projects that promote the
growth of tire recycling downstream products market. On the flip side,
increasing the issue of the disposal and huge volumes of worn-out tires is
becoming a concern that hampers the growth of tire recycling downstream
products market. Moreover, technological innovations stimulate the pipeline
process of scrap tires to useful products creates numerous opportunities for
the growth of global tire recycling downstream products market.
Based on geography, the global tire recycling downstream products
market is classified into North America, Asia-Pacific, Europe, and the Rest of
the World. Asia-Pacific region is expected to dominate the global tire
recycling downstream products market. The increasing regulations for scrap tire
landfilling in the Asia-Pacific region drive the growth of tire recycling
downstream products market in Asia-Pacific. North America is anticipated to
grow in the global tire recycling downstream products market with a significant
CAGR over the forecast period. The rising paper and cement industry in North
America promotes the growth of tire recycling downstream products market in
North America. Europe is showing growth in the global tire recycling downstream
The report on global tire recycling downstream products market
covers segments such as recycling techniques, products, and end-use. On the
basis of recycling technique, the sub-markets include pyrolysis, and shredding.
On the basis of products, the sub-markets include tire-derived fuel,
tire-derived aggregates, rubber mulch, rubber powder, and other products. On
the basis of end-use, the sub-markets include cement manufacturing, pulp &
paper mills, electric utility boilers, construction & infrastructure,
sports complexes & playgrounds, tires & rubber, and other end-use.
The report provides profiles of the companies in the market such
as Liberty Tire Recycling LLC, Lakin Tires West Inc., Ragn-Sells Group,
Scandinavian Enviro Systems AB, ETR Group AB, Reliable Tire Disposal, PROBIO
Energy International Limited, Renelux Cyprus Ltd., Emanuel Tire LLC, Lehigh
Technologies, Inc., and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of tire recycling
downstream products market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.