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市場調查報告書
商品編碼
1846028

2024 年至 2031 年輪胎回收市場(按輪胎類型、回收方式、最終用戶和地區分類)

Tire Recycling Market By Type of Tire,Recycling Method, End-User (Tire-derived Fuel, Tire-derived Aggregate, Rubber Powder, Steel Wire), & Region for 2024-2031

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格
簡介目錄

輪胎回收市場評估 - 2024-2031

隨著人們對環境永續性的日益重視,政府立法也愈發嚴格,旨在減少廢棄物掩埋,並鼓勵廢棄輪胎的回收。這種立法壓力,加上人們對輪胎處置環境影響的認知不斷提高,正在推動新型回收技術的發展。預計到2024年,這類技術的價值將超過55.3億美元,到2031年將達到78.9億美元。

此外,建築、汽車、製造業等各行各業對再生橡膠的需求不斷成長,也推動了市場的發展。回收的經濟效益,例如降低成本和回收材料帶來的潛在收益,也正在推動市場擴張,預計從 2024 年到 2031 年,再生橡膠市場的複合年成長率約為 4.54%。

輪胎回收市場定義/概述

輪胎回收是指利用切碎機、熱解和脫硫等技術將舊輪胎轉化為可重複利用的材料。其應用範圍廣泛,包括用於道路建設的橡膠瀝青、運動場地面、田徑跑道以及橡膠模壓製品的製造。隨著環保意識的增強以及鼓勵更永續廢棄物管理的嚴格法規,輪胎回收的前景一片光明。回收技術的進步以及市場對回收材料日益成長的需求,預計將擴大輪胎回收流程的應用範圍並提高其效率。

回收技術的創新會推動輪胎回收市場的發展嗎?

回收技術的不斷創新預計將顯著推動輪胎回收產業的發展。熱解和脫硫技術的進步正在提高輪胎回收過程的效率和品質。熱解是在高溫、無氧條件下將輪胎分解,產生油、氣和炭黑等有用產品的過程。最近的技術進步提高了這些副產品的純度和效用,使其在工業用途上更具吸引力。同樣,脫硫技術可以分解橡膠中的硫鍵,從而生產出高品質的再生橡膠,這些再生橡膠可以回收製成新輪胎和其他橡膠製品。這些技術進步不僅提高了輪胎回收的經濟永續性,還有助於最大限度地減少輪胎的環境足跡。

數位技術與自動化的融合正在改善輪胎回收作業。透過利用智慧感測器和物聯網 (IoT) 設備,可以即時追蹤和最佳化回收流程,從而提高效率並降低營運成本。分類和粉碎流程的自動化確保了品質的一致性,同時減少了人工勞動,使輪胎回收更具可擴展性和成本效益。此外,更先進的材料分離方法的進步正在提高再生輪胎中橡膠、鋼材和纖維的回收率。這些技術發展使輪胎回收對投資者更具吸引力,並鼓勵建立新的回收業務。

回收技術的創新正在為再生輪胎材料創造新的市場和應用。例如,建設產業擴大使用再生橡膠來生產橡膠瀝青,以提高道路彈性並降低維護成本。在體育和休閒產業,再生橡膠用於人工草皮和運動場地面,提供安全持久的解決方案。汽車產業也在探索在各種零件中使用再生橡膠,以減少對原生料的依賴。隨著這些新應用的日益普及,對再生輪胎材料的需求預計將會增加,從而刺激輪胎回收市場的進一步擴張。

高昂的初始投資是否會阻礙輪胎回收市場的成長?

高昂的初始投資成本可能會阻礙輪胎回收業的擴張。輪胎回收業務需要在設備、技術、基礎設施和法規合規方面投入大量資金。先進的回收方法,例如熱解和脫硫,其安裝和維護成本高。這些高昂的初始成本構成了重大障礙,尤其對於缺乏必要資金的中小企業而言。初始投資的經濟負擔可能會阻礙新進入者,並減少市場競爭和創新。

此外,由於資金籌措可能較為困難。投資者可能擔心較長的投資回收期以及輪胎回收公司盈利的不確定性。市場波動、回收材料成本的變化以及對政府激勵措施的依賴,都使得財務預測變得困難,並可能抑制投資。缺乏足夠的資金可能會阻礙輪胎回收設施的開發和擴張,從而影響整個產業的發展。

此外,輪胎回收不僅需要大量的初始安裝投資,包括人事費用、能源和維護在內的持續營運成本也可能相當高昂。先進的回收方法需要熟練的勞動力和高能耗,這兩者都會增加營運成本。這些持續的開支可能會對回收企業的財務永續性帶來壓力,尤其是在營運初期,收益來源尚未建立。財務負擔可能導致營運效率低、設施關閉,甚至阻礙市場擴張。

目錄

第1章 引言

  • 市場定義
  • 市場區隔
  • 調查方法

第2章執行摘要

  • 主要發現
  • 市場概況
  • 市場亮點

第3章 市場概況

  • 市場規模和成長潛力
  • 市場趨勢
  • 市場促進因素
  • 市場限制
  • 市場機遇
  • 波特五力分析

第4章 輪胎回收市場(依輪胎類型)

  • 乘用車輪胎
  • 輕型商用車輪胎
  • 重型商用車輪胎
  • 越野車輪胎

第5章 輪胎回收市場(依回收方式)

  • 機械回收
  • 熱解
  • 化學回收

6. 輪胎回收市場(依最終用途)

  • 輪胎衍生燃料(TDF)
  • 輪胎衍生骨材(TDA)
  • 橡膠粉
  • 鋼絲

第7章區域分析

  • 北美洲
  • 美國
  • 加拿大
  • 墨西哥
  • 歐洲
  • 英國
  • 德國
  • 法國
  • 義大利
  • 亞太地區
  • 中國
  • 日本
  • 印度
  • 澳洲
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中東和非洲
  • 南非
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國

第8章市場動態

  • 市場促進因素
  • 市場限制
  • 市場機遇
  • COVID-19 市場影響

第9章 競爭態勢

  • 主要企業
  • 市佔率分析

第10章:公司簡介

  • Michelin Group
  • Bridgestone Corporation
  • Continental AG
  • Goodyear Tire & Rubber Company
  • Liberty Tire Services LLC(Lakin Tire)
  • Entech Inc.
  • Emanuel Tire Co.
  • Tire Disposal & Recycling Inc.
  • Genan
  • Apollo Tyres Ltd
  • Champlin Tire Recycling
  • Green Distillation Technologies Corporation LTD.
  • Re-Match Holding A/S
  • Wastefront AS

第11章 市場展望與機遇

  • 新興技術
  • 未來市場趨勢
  • 投資機會

第12章 附錄

  • 簡稱列表
  • 來源和參考文獻
簡介目錄
Product Code: 80730

Tire Recycling Market Valuation - 2024-2031

The growing emphasis on environmental sustainability and severe government laws aimed at decreasing landfill waste and encouraging the recycling of end-of-life tires. This legislative pressure, combined with rising awareness of the environmental impact of tire disposal, is driving the development of new recycling technology surpassing USD 5.53 Billion in 2024 and reaching USD 7.89 Billion by 2031.

Furthermore, increased demand for recycled rubber in different industries, including construction, automotive, and manufacturing, is driving the market forward. The economic benefits of recycling, such as cost savings and revenue potential from recycled materials, also help to drive market expansion is expected to grow at a CAGR of about 4.54% from 2024 to 2031.

Tire Recycling Market: Definition/ Overview

Tire recycling is the conversion of end-of-life tires into reusable materials using techniques such as shredding, pyrolysis, and devulcanization. Its applications are many, including the manufacturing of rubberized asphalt for road construction, playground surfaces, athletic tracks, and molded rubber items. The future of tire recycling seems hopeful, thanks to increased environmental awareness and stringent rules that encourage more sustainable waste management practices. Advancements in recycling technology, together with rising market demand for recovered materials, are predicted to broaden the applications and efficiency of tire recycling processes.

Will Rising Innovation in Recycling Technologies Drive the Tire Recycling Market?

Rising innovation in recycling technologies is expected to greatly boost the tire recycling industry. The advances in pyrolysis and devulcanization are improving the efficiency and quality of tire recycling procedures. Pyrolysis is a process that decomposes tires at high temperatures in the absence of oxygen, producing useful byproducts such as oil, gas, and carbon black. Recent advances have enhanced the purity and usefulness of these byproducts, making them more appealing for industrial use. Similarly, devulcanization, which breaks down the sulfur bonds in rubber, enables the production of high-quality reclaimed rubber that can be recycled into new tires and other rubber products. These technical advances not only improve the economic sustainability of tire recycling but also contribute to minimizing the environmental footprint of tires.

The integration of digital technologies and automation is improving tire recycling operations. Smart sensors and IoT (Internet of Things) devices are being utilized to track and optimize the recycling process in real time, resulting in increased efficiency and lower operational costs. Automation in the sorting and shredding operations assures uniform quality while reducing manual work, making tire recycling more scalable and cost-effective. Furthermore, the advancement of more advanced material separation methods enables increased recovery rates of rubber, steel, and fiber from recycled tires. These technical developments make tire recycling more appealing to investors and promote the establishment of new recycling operations.

Innovation in recycling technologies is creating new markets and applications for recycled tire materials. For example, recycled rubber is increasingly being utilized in the construction industry to produce rubberized asphalt, which improves road resilience and lowers maintenance costs. In the sports and recreation industry, recycled rubber is utilized for synthetic grass and playground surfaces, providing safe and long-lasting solutions. The car industry is also looking into the usage of recycled rubber in various components to reduce reliance on virgin materials. As these novel applications gain popularity, demand for recycled tire materials is likely to rise, fueling further expansion in the tire recycling market.

Will Rising High Initial Investments Hinder the Growth of the Tire Recycling Market?

Rising initial investment costs may impede the expansion of the tire recycling sector. Tire recycling operations require significant capital investment for equipment, technology, infrastructure, and regulatory compliance. Advanced recycling methods, such as pyrolysis and devulcanization, have high installation and maintenance expenses. This large initial cost can be a significant obstacle, particularly for small and medium-sized businesses (SMEs) that lack the requisite financial resources. The financial expense of initial investments may discourage new players from entering the market, reducing competition and innovation.

Furthermore, acquiring funding for tire recycling initiatives might be difficult due to the perceived financial risks connected with the industry. Investors may be concerned about the long payback times and uncertainties surrounding the profitability of tire recycling enterprises. Market volatility, shifting costs for recycled materials, and reliance on government incentives can all make financial forecasting difficult, discouraging investment. Without adequate funding, the development and expansion of tire recycling facilities may be hindered, affecting the overall growth of the sector.

Furthermore, the significant initial investment in tire recycling is not just due to setup costs. Ongoing operating costs, such as labor, energy, and maintenance, can be significant. Advanced recycling methods necessitate skilled labor and high energy use, both of which add to operating expenses. These continuous expenses can put a strain on recycling operations' financial sustainability, especially during the first few years of operation when revenue sources are still solidifying. Financial strain may result in operational inefficiencies or even facility closures, stifling market expansion.

Category-Wise Acumens

Will Rising Usage of Passenger Car Tires Drive the Tire Recycling Market?

The increasing use of passenger car tires is expected to drive the tire recycling market significantly. As the global number of passenger vehicles increases, so does the amount of end-of-life tires. The growing amount of used tires creates a significant demand for effective recycling solutions to reduce the environmental impact of tire disposal. Tire recycling reduces landfill trash, lowers environmental pollution, and recovers valuable resources including rubber, steel, and fiber. The increase in passenger car tires needs developments in recycling technologies and infrastructure to handle the increased volume, resulting in market growth.

Furthermore, the growing emphasis on sustainability and stronger regulatory frameworks for tire disposal are fueling the movement toward recycling. Governments and environmental organizations throughout the world are enacting legislation and incentives to encourage safe tire disposal and recycling. This regulatory support encourages consumers and businesses to participate in recycling operations. With passenger car tires accounting for a sizable amount of tire waste, the rise in passenger vehicle ownership fuels the demand for more robust recycling systems and innovative solutions. The regulatory pressure and emphasis on sustainability create an enabling climate for the tire recycling sector to grow and adapt.

Furthermore, the increased use of passenger car tires is driving the development of new uses for recycled tire materials, which is fueling market expansion. Recycled rubber from passenger car tires is being employed in a variety of goods, including rubberized asphalt for road building, playground surfaces, and athletic tracks. Communities and companies are seeking more sustainable and cost-effective solutions, which is driving up demand for these items. The increasing quantity of passenger car tires contributes to the expansion of the tire recycling market by providing a consistent supply of recycled materials for these applications, resulting in both economic and environmental benefits.

The light commercial vehicle tires industry is the second fastest-growing, owing to the rising use of these vehicles in logistics and transportation, resulting in a large number of tires approaching the end of their life cycle and demanding appropriate recycling solutions.

Will Rising Usage of Mechanical Recycling Method Fuel the Tire Recycling Market?

The increasing use of mechanical recycling methods is expected to greatly boost the tire recycling market. Mechanical recycling procedures, such as shredding, grinding, and granulating, transform used tires into crumb rubber and other resources. This approach is frequently used because to its low cost and simple technology, making it available to a wide spectrum of recycling facilities, including small and medium-sized businesses. Mechanical recycling's simplicity and cost-effectiveness make it more widely adopted, resulting in an increase in the amount of recycled tires and a decrease in landfill waste.

Furthermore, the increased need for recovered rubber goods propels mechanical recycling forward. Crumb rubber from mechanical recycling is used in a variety of applications, including rubberized asphalt, playground surfaces, sports fields, and molded rubber items. The building and infrastructure sectors, in particular, benefit from recycled rubber in asphalt because it increases durability and lowers maintenance costs. As these sectors expand and prioritize sustainable materials, demand for crumb rubber is likely to increase, increasing the mechanical recycling market.

Furthermore, governmental support and environmental awareness are driving the usage of mechanical recycling systems. Governments and environmental agencies are enacting regulations and incentives to encourage tire recycling and prevent environmental pollution from tire disposal. These policies encourage recycling companies to invest in mechanical recycling technologies and grow their operations. Public awareness efforts emphasizing the environmental benefits of recycling and the adaptability of recycled rubber products are also helping to drive market expansion. As a result, growing use of mechanical recycling processes is projected to be critical in boosting the overall growth and sustainability of the tire recycling market.

The second fastest-growing technology is pyrolysis, which converts tires into valuable byproducts like as oil, gas, and carbon black that can be used in a variety of industrial applications. Pyrolysis provides a more comprehensive recycling solution by addressing both waste management and resource recovery, resulting in increased investment and interest.

Country/Region-wise

Will Growing Stringent Environmental Regulations in North America Drive the Tire Recycling Market?

Growing strict environmental rules in North America are predicted to greatly boost the tire recycling business. These restrictions are intended to reduce the environmental impact of end-of-life tires, which can cause major ecological problems if not adequately managed. Tire disposal in landfills is becoming increasingly restricted, necessitating the development of effective recycling methods. Regulations requiring the reduction of landfill waste and promoting sustainable practices are forcing businesses and governments to expand tire recycling. The regulatory pressure guarantees that tire recycling becomes a priority, which promotes market expansion.

North America's regulatory environment is getting more stringent, with states and provinces passing laws mandating tire recycling and restricting tire disposal in landfills. For instance, several states in the United States have created tire recycling programs and legislation requiring shops to collect worn tires for recycling while selling new tires. These laws ensure a steady supply of end-of-life tires that must be treated, increasing demand for recycling facilities and technologies. Furthermore, compliance with these requirements frequently entails financial penalties for incorrect disposal, encouraging enterprises to implement recycling techniques to avoid fines.

The implementation of extended producer responsibility (EPR) initiatives is accelerating the tire recycling sector. EPR initiatives hold manufacturers accountable for their goods' whole lifecycle, including end-of-life disposal and recycling. In North America, numerous regions have implemented EPR programs for tires, mandating manufacturers to ensure that a specified percentage of tires sold are recycled. This obligation pushes manufacturers to invest in recycling infrastructure and technology, engage with recycling companies, and develop in sustainable product design to increase tire recycling. These efforts boost investment in the recycling sector and support market growth.

Furthermore, the environmental benefits of tire recycling are consistent with broader governmental and societal objectives such as lowering carbon footprints and supporting circular economies. Recycling tires helps to conserve natural resources, lower greenhouse gas emissions, and reduce environmental pollution. North American governments are progressively supporting tire recycling through grants, subsidies, and tax breaks designed to promote green technologies and sustainable behaviors. These financial incentives ease the economic burden on recycling enterprises, allowing them to expand operations and embrace new recycling technology, resulting in market growth.

Will Increasing Vehicle Ownership in Asia-Pacific Propel the Tire Recycling Market?

Increasing car ownership in Asia-Pacific is predicted to greatly boost the tire recycling business. Rapid economic expansion in China, India, and Southeast Asian nations has resulted in a significant increase in automobile ownership. As the number of vehicles on the road grows, so does the quantity of end-of-life tires that must be managed. This increase in tire trash needs effective recycling solutions, which fuels demand for tire recycling facilities and technology in the region.

The sheer volume of end-of-life tires created by Asia-Pacific's rising vehicle fleet highlights the critical need for efficient recycling infrastructure. Every year, millions of tires approach the end of their life cycle in nations with thriving automotive industries, such as China and India. If these tires do not be properly treated, they represent serious environmental and health dangers. This growing tire waste problem is prompting governments and commercial entities to invest in tire recycling facilities and innovative recycling technologies to address the growing demand, ultimately driving market expansion.

Growing environmental consciousness and severe waste management rules are boosting the Asia-Pacific tire recycling market. Governments in the region are enacting stronger policies and regulations to address the environmental impact of tire disposal. For example, China's "Green Tire" program promotes tire recycling and reuse to prevent environmental pollution. Similarly, the Indian government has implemented legislation requiring proper disposal and recycling of end-of-life tires. These legislative frameworks offer a favorable climate for the expansion of the tire recycling industry by making compliance necessary for enterprises.

Furthermore, the economic benefits of tire recycling are becoming more widely acknowledged in the Asia-Pacific area. Recycled tire products, like crumb rubber and rubberized asphalt, are finding new uses in a variety of industries. For instance, rubberized asphalt is used in road construction to increase durability and save maintenance costs, whereas crumb rubber is utilized in playground surfaces, sports fields, and molded items. The capacity to generate economic value from recycled tires encourages businesses to invest in recycling technology and infrastructure. This not only reduces the environmental impact of tire waste, but it also generates new revenue streams, accelerating the expansion of the tire recycling sector.

Competitive Landscape

The competitive landscape of the tire recycling market is characterized by a growing emphasis on sustainability and environmental regulations, driving innovation and advancements in recycling technologies. Various small to medium-sized enterprises are focusing on developing cost-effective and efficient recycling processes, including pyrolysis and devulcanization. Collaborative efforts among recyclers, manufacturers, and government bodies are increasing to enhance the overall recycling infrastructure and create closed-loop systems. Additionally, the market sees rising investments in research and development for new applications of recycled tire materials, such as rubberized asphalt, playground surfaces, and construction materials, which further diversify the competitive dynamics.

Some of the prominent players operating in the tire recycling market include:

Michelin Group

Bridgestone Corporation

Continental AG

Goodyear Tire & Rubber Company

Liberty Tire Services LLC (Lakin Tire)

Emanuel Tire Co.

Tire Disposal & Recycling Inc.

Genan

Apollo Tyres Ltd

Green Distillation Technologies Corporation LTD.

Latest Developments

In March 2024, Genan, a global leader in tire recycling, opened a cutting-edge tire recycling facility in Houston, Texas. This factory uses cutting-edge technology to process up to 100,000 tons of end-of-life tires annually. The company has a patented cryogenic method that produces higher purity rubber powder, catering to high-value applications in the automotive and construction sectors. This investment increases Genan's position in the North American market while also helping to reduce the environmental impact of tire trash in the region.

In February 2024, Michelin has announced the expansion of its TREC (Tire RECycling) initiative to encompass five more European countries. The initiative began in France and has now expanded to include Germany, Spain, Italy, the United Kingdom, and Poland. TREC intends to build a closed-loop tire recycling system in which Michelin collects end-of-life tires from customers and works with local recyclers to convert them into raw materials for future tire production. This development illustrates Michelin's dedication to sustainability and circular economy ideas in the tire sector.

In December 2023, Liberty Tire Recycling, one of North America's leading tire recycling companies, has introduced a new AI-powered sorting system at its site in Atlanta, Georgia. The system employs machine learning algorithms and computer vision to properly recognize and classify various types of tires and tire components, considerably increasing the efficiency and quality of recycling operations. This technological development enables Liberty to generate higher-quality recycled materials, creating new market prospects in businesses that require more refined rubber products.

Tire Recycling Market, By Category

  • Type of Tire
  • Passenger Car Tires
  • Light Commercial Vehicle Tires
  • Heavy Commercial Vehicle Tires
  • Off-road Vehicle Tires
  • Recycling Method
  • Mechanical Recycling
  • Pyrolysis
  • Chemical Recycling
  • End-Use
  • Tire-derived Fuel (TDF)
  • Tire-derived Aggregate (TDA)
  • Rubber Powder
  • Steel Wire
  • Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Tire Recycling Market, By Type of Tire

  • Passenger Car Tires
  • Light Commercial Vehicle Tires
  • Heavy Commercial Vehicle Tires
  • Off-road Vehicle Tires

5. Tire Recycling Market, By Recycling Method

  • Mechanical Recycling
  • Pyrolysis
  • Chemical Recycling

6. Tire Recycling Market, By End-Use Application

  • Tire-derived Fuel (TDF)
  • Tire-derived Aggregate (TDA)
  • Rubber Powder
  • Steel Wire

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Michelin Group
  • Bridgestone Corporation
  • Continental AG
  • Goodyear Tire & Rubber Company
  • Liberty Tire Services LLC (Lakin Tire)
  • Entech Inc.
  • Emanuel Tire Co.
  • Tire Disposal & Recycling Inc.
  • Genan
  • Apollo Tyres Ltd
  • Champlin Tire Recycling
  • Green Distillation Technologies Corporation LTD.
  • Re-Match Holding A/S
  • Wastefront AS

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References