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Tire Recycling Market Size, Share & Trends Analysis Report by Product (Rubber, Tire-Derived Fuel, Tire-Derived Aggregate, Carbon Black, Steel Wires), Application, and Region with Growth Forecasts, 2025-2030- Product Image
Tire Recycling Market Size, Share & Trends Analysis Report by Product (Rubber, Tire-Derived Fuel, Tire-Derived Aggregate, Carbon Black, Steel Wires), Application, and Region with Growth Forecasts, 2025-2030- Product Image
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Tire Recycling Market Size, Share & Trends Analysis Report by Product (Rubber, Tire-Derived Fuel, Tire-Derived Aggregate, Carbon Black, Steel Wires), Application, and Region with Growth Forecasts, 2025-2030

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  • 110 Pages
  • February 2025
  • Region: Global
  • Grand View Research
  • ID: 6055974
Description Jump to:
The Tire Recycling Market was valued at USD 6.87 billion in 2024, and is projected to reach USD 8.46 billion by 2030, rising at a CAGR of 3.71%. The industry is a crucial segment of the global circular economy, driven by the need for sustainable waste management and resource conservation. As end-of-life tires pose significant environmental hazards, recycling initiatives have gained momentum, transforming discarded tires into valuable materials such as recycled rubber, recovered carbon black, and tire-derived fuels. These materials find extensive applications across diverse industries, including automotive, construction, and manufacturing, offering cost-effective and eco-friendly alternatives to virgin raw materials. With increasing regulatory pressures to reduce landfill waste and carbon emissions, businesses are actively investing in advanced recycling technologies to enhance material recovery efficiency and product quality.

One of the primary factors fueling the growth of the market is the rising global demand for sustainable materials across industrial and commercial sectors. Recycled tire products offer several advantages, such as reduced production costs, lower environmental impact, and improved durability, making them an attractive choice for manufacturers. The development of innovative processing techniques, such as pyrolysis and devulcanization, has further expanded the scope of applications for recycled tire materials, enabling their use in high-performance products like asphalt additives, soundproofing materials, and specialty coatings. As governments and corporations intensify their sustainability commitments, the demand for tire-derived materials is expected to grow, positioning the recycling industry as a key contributor to the global transition toward a circular and low-carbon economy.

The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in January 2024, Liberty Tire Recycling acquired Empire Tire of Edgewater and McGee Tire, two leading scrap tire companies in Central Florida. This acquisition expands Liberty's presence in Florida and allows them to improve their collection, processing, and recycling of end-of-life tires in the growing Central Florida market.

Tire Recycling Market Report Highlights

  • Based on product, rubber held the largest share, accumulating USD 2.59 billion market size in 2024
  • Based on application, the automotive segment dominated the market and accounted for the largest revenue share of over 42.64% in 2024
  • Asia Pacific dominated the tire recycling market. With the region facing growing environmental concerns related to improper tire disposal, regulatory frameworks are evolving to encourage responsible recycling practices, creating new business opportunities for recyclers and technology providers
  • China was the leading manufacturer of tire recycling in the Asia Pacific region and captured around 35% of the revenue market share in 2024 in this region

This report addresses:

  • Market intelligence to enable effective decision-making.
  • Market estimates and forecasts from 2018 to 2030.
  • Growth opportunities and trend analyses.
  • Segment and regional revenue forecasts for market assessment.
  • Competition strategy and market share analysis.
  • Product innovation listings for you to stay ahead of the curve.
  • COVID-19's impact and how to sustain in this fast-evolving market.

Why Should You Buy This Report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Tire Recycling Market Variables, Trends & Scope
3.1. Global Tire Recycling Market Outlook
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Impact of Circular Economy
3.5. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
3.5.1. Key Factors Influencing Pricing
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
3.8.1. Supplier Power
3.8.2. Buyer Power
3.8.3. Substitution Threat
3.8.4. Threat from New Entrant
3.8.5. Competitive Rivalry
3.9. PESTEL Analysis
3.9.1. Political Landscape
3.9.2. Economic Landscape
3.9.3. Social Landscape
3.9.4. Technological Landscape
3.9.5. Environmental Landscape
3.9.6. Legal Landscape
Chapter 4. Tire Recycling Market: Product Type Outlook Estimates & Forecasts
4.1. Tire Recycling Market: Product Type Movement Analysis, 2024 & 2030
4.1.1. Rubber
4.1.1.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
4.1.2. Tire-derived Fuel
4.1.2.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
4.1.3. Tire-derived Aggregate
4.1.3.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
4.1.4. Carbon Black
4.1.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
4.1.5. Steel Wires
4.1.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
4.1.6. Others
4.1.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
Chapter 5. Tire Recycling Market: Application Outlook Estimates & Forecasts
5.1. Tire Recycling Market: Application Movement Analysis, 2024 & 2030
5.1.1. Automotive
5.1.1.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
5.1.2. Construction
5.1.2.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
5.1.3. Manufacturing
5.1.3.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
5.1.4. Rubber & Plastics
5.1.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
5.1.5. Others
5.1.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
Chapter 6. Tire Recycling Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Tire Recycling Market: Regional Movement Analysis, 2024 & 2030
6.3. North America
6.3.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.3.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.3.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.3.4. U.S.
6.3.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.3.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.3.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.3.5. Canada
6.3.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.3.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.3.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.3.6. Mexico
6.3.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.3.6.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.3.6.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4. Europe
6.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4.4. UK
6.4.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4.5. Germany
6.4.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4.6. France
6.4.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.6.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.6.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4.7. Italy
6.4.7.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.7.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.7.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.4.8. Spain
6.4.8.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.4.8.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.4.8.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5. Asia Pacific
6.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5.4. China
6.5.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5.5. India
6.5.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5.6. Japan
6.5.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.6.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.6.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5.7. South Korea
6.5.7.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.7.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.7.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.5.8. Australia
6.5.8.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.5.8.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.5.8.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.6. Central & South America
6.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.6.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.6.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.6.4. Brazil
6.6.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.6.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.6.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.6.5. Argentina
6.6.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.6.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.6.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.7. Middle East & Africa
6.7.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.7.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.7.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.7.4. UAE
6.7.4.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.7.4.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.7.4.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.7.5. Saudi Arabia
6.7.5.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.7.5.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.7.5.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
6.7.6. South Africa
6.7.6.1. Market estimates and forecast, 2018-2030 (USD Million) (Kilotons)
6.7.6.2. Market estimates and forecast, by product type, 2018-2030 (USD Million) (Kilotons)
6.7.6.3. Market estimates and forecast, by application, 2018-2030 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Vendor Landscape
7.2.1. Company categorization
7.2.2. List of Key Distributors and channel Partners
7.2.3. List of Potential Customers/End-users
7.3. Competitive Dynamics
7.3.1. Company Market Share Analysis & Market Positioning
7.3.2. Competitive Benchmarking
7.3.3. Strategy Mapping
7.3.4. Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. Participant’s overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.3.1. Davis Rubber Company Inc.
7.4.3.2. TIRE DISPOSAL & RECYCLING LLC
7.4.3.3. Tyre Recycling Solution
7.4.3.4. Liberty Tire Recycling
7.4.3.5. Genan Holding A/S
7.4.3.6. ResourceCo
7.4.3.7. GRP LTD
7.4.3.8. Lehigh Technologies, Inc.
List of Tables
Table 1 List of Abbreviations
Table 2 Product type market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 3 Rubber market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 4 Tire-derived fuel market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 5 Tire-derived aggregate market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 6 Carbon black market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 7 Liquid Crystal Polymers (LCP) market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 8 Other product type market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 9 Application market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 10 Automotive market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 11 Construction market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 12 Manufacturing market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 13 Rubber & Plastics market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 14 Others market estimates and forecasts, 2018-2030 (USD Million) (Kilotons)
Table 15 North America tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 16 North America tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 17 U.S. tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 18 U.S. tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 19 Canada tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 20 Canada tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 21 Mexico tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 22 Mexico tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 23 Europe tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 24 Europe tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 25 Germany tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 26 Germany tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 27 UK tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 28 UK tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 29 France tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 30 France tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 31 Italy tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 32 Italy tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 33 Spain tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 34 Spain tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 35 Asia Pacific tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 36 Asia Pacific tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 37 China tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 38 China tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 39 India tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 40 India tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 41 Japan tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 42 Japan tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 43 South Korea tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 44 South Korea tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 45 Australia tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 46 Australia tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 47 Central & South America tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 48 Central & South America tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 49 Brazil tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 50 Brazil tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 51 Argentina tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 52 Argentina tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 53 Middle East Africa tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 54 Middle East Africa tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 55 Saudi Arabia tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 56 Saudi Arabia tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 57 UAE tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 58 UAE tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
Table 59 South Africa tire recycling market estimates and forecasts, by product type, 2018-2030 (USD Million) (Kilotons)
Table 60 South Africa tire recycling market estimates and forecasts, by application, 2018-2030 (USD Million) (Kilotons)
List of Figures
Figure 1 Market Segmentation
Figure 2 Information Procurement
Figure 3 Data Analysis Models
Figure 4 Market Formulation and Validation
Figure 5 Market Snapshot
Figure 6 Segmental Outlook- Plastic Product Type, Application, And End Use
Figure 7 Competitive Outlook
Figure 8 Value Chain Analysis
Figure 9 Market Dynamics
Figure 10 Porter’s Analysis
Figure 11 PESTEL Analysis
Figure 12 Tire Recycling Market, by Product Type: Key Takeaways
Figure 13 Tire Recycling Market, by Product Type: Market Share, 2024 & 2030
Figure 14 Tire Recycling Market, by Application: Key Takeaways
Figure 15 Tire Recycling Market, by Application: Market Share, 2024 & 2030
Figure 16 Tire Recycling Market, by Region: Key Takeaways
Figure 17 Tire Recycling Market, by Region: Market Share, 2024 & 2030

Companies Mentioned

The major companies profiled in this Tire Recycling market report include:
  • Davis Rubber Company Inc.
  • TIRE DISPOSAL & RECYCLING LLC
  • Tyre Recycling Solution
  • Liberty Tire Recycling
  • Genan Holding A/S
  • ResourceCo
  • GRP LTD
  • Lehigh Technologies, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedFebruary 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 6.87 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.46 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal
No. of Companies Mentioned9

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