Tire Recycling Market Expands with Rising Demand for Crumb Rubber and Recycled Materials

The global tire recycling market is projected to reach USD 8.53 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.71% from 2025 to 2030. This growth is driven by increasing environmental awareness, stringent waste management regulations, and the integration of recycled tire materials into construction, automotive, and manufacturing applications.

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Application Insights

  • Construction: This sector led the market in 2024 with a 42.64% share. Recycled tire materials are used in rubberized asphalt, sound barriers, sports surfaces, and pedestrian pathways due to their resilience and shock-absorbing properties.

  • Automotive: Automakers are incorporating recycled rubber and carbon black into tires, interiors, and underbody components. This supports circular economy goals and enhances sustainability credentials while meeting regulatory requirements.

  • Product Insights

    • Rubber: In 2024, rubber held the largest share at 37.63%, driven by its expanding use in industrial seals, gaskets, and vibration-damping components. Technological advancements in devulcanization have improved the quality and elasticity of recycled rubber, making it comparable to virgin materials.

    • Recovered Carbon Black (rCB): Gaining traction as a low-emission replacement for traditional carbon black, rCB is being adopted by tire manufacturers and industrial product makers aiming to reduce environmental impact without sacrificing performance.

    • Market Challenges

      Despite positive momentum, the industry faces challenges including high capital costs, energy-intensive processes, and variability in the quality of recycled rubber. These factors hinder scalability, particularly for small and medium enterprises. A lack of standardization and the slow adoption of cost-effective recycling innovations also restrict the use of recycled materials in high-performance applications.


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