Us Tire Recycling Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Tire Recycling Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 9.4 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The U.S. tire recycling market is experiencing significant growth, driven by environmental concerns and the need for sustainable waste management solutions. In 2024, the market generated a revenue of approximately USD 1.55 billion and is projected to reach USD 1.93 billion by 2030, with a compound annual growth rate (CAGR) of 3.9% from 2025 to 2030.
Each year, over 250 million end-of-life tires (ELTs) are generated in the United States. To address this substantial waste, approximately 79% of these tires are processed for recycling and reclaiming markets. The recycling process transforms used tires into valuable materials such as crumb rubber, steel, and textile fibers, which are then repurposed into products like asphalt, playground surfaces, and even new tires.
In my experience working with tire recycling initiatives, I've observed that the most significant product segment in this market is rubber, which accounted for the largest revenue share in 2024. Notably, carbon black, a material derived from tire recycling, is emerging as the fastest-growing segment, offering lucrative opportunities for industry stakeholders.
Several factors contribute to the expansion of the tire recycling market:
Environmental Regulations: Stringent government policies aimed at reducing landfill usage and promoting sustainable practices have incentivized the recycling of tires.
Economic Benefits: Recycled tire materials provide cost-effective alternatives for various industries, reducing reliance on virgin resources.
Technological Advancements: Innovations in recycling technologies have improved the efficiency and profitability of tire recycling processes.
However, challenges persist. The market must continually expand end-use applications for recycled materials to keep pace with the annual production of ELTs. Without such expansion, there's a risk of stockpiling and illegal dumping, which pose environmental and health hazards.
In conclusion, the U.S. tire recycling market is on an upward trajectory, propelled by environmental imperatives and economic incentives. By embracing innovative technologies and expanding market applications, the industry can effectively manage tire waste, contributing to environmental sustainability and resource conservation.
Get an In-Depth Research Analysis of the Global Tire Recycling Market Size And Forecast [2025-2032]
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Miami Tire Recycling Company
reRubber
L & S Tire
Tire Disposal & Recycling
Rethink Tires
Champlin Tire Recycling
Lakin Tire
New River Tire Recycling
GENAN
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Tire Recycling Market
Tire Shreds
Whole Tires
Tire Wire
Crumb Rubber
Tire Pyrolysis Oil
Construction & Infrastructure
Automotive Industry
Consumer Goods
Sports & Recreation
Energy Production
Mechanical Recycling
Thermal Recycling
Chemical Recycling
Biological Recycling
OEM (Original Equipment Manufacturer)
Aftermarket
Municipal Collection
Retail Collection
Rubber Products
Asphalt Modifiers
Roadway Applications
Sound Barriers
Landfill Alternatives
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Tire Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Tire Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tire Recycling Market, By Type
6. Global Tire Recycling Market, By Application
7. Global Tire Recycling Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Tire Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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