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. Download Sample Pages- https://www.theresearchinsights.com/request_sample?id=291 Buy the report - https://www.theresearchinsights.com/license?id=291 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 credenti...