Burning rubber: High rubber prices are set to boost the industry in 2022-23
The mandatory recycling of tyre and rubber products since 2002 has provided a steady revenue stream to tyre and rubber recycling companies. Tyres contain heavy metals and other pollutants that can be harmful to the environment, so they must be disposed of responsibly. Recycling companies take used tyres and retread them, often for use in commercial vehicles and aircraft. The e-commerce boom following the COVID-19 outbreak has ramped up demand for retreaded tyres from haulage and delivery companies.
This industry operates facilities for separating, sorting and recycling used tyres, rubber and rubber scrap. Due to the potentially harmful environmental impacts of improper tyre and rubber disposal, the government may directly or indirectly endorse programs, or assume responsibility for the recycling of these materials.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bandvulc Tyres Ltd
Methodology
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