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Tire & Rubber Recycling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tire & Rubber Recycling Market Research Report | Technology | Clean Technologies | Oct 2014

Keep on rolling: While government subsidies may contract, environmental concerns will still bolster revenue

IBISWorld’s Tire & Rubber Recycling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Liberty Tire Liberty Tire market share
Industry Statistics & Market Size
Revenue
$959m
Annual Growth 09-14
6.5%
Annual Growth 14-19
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Profit
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Employment
3,775
Businesses
150
Industry Analysis & Industry Trends

Over the past five years, the industry has grown strongly as growing concern over public health and the environment has spurred more widespread and strict regulations regarding waste tire and rubber disposal, which have provided increased direct and indirect funding for the industry. Additionally, the industry has benefitted from the economic growth over the past five years, which has resulted in increased demand for industry products for manufacturing, construction and energy purposes. As a result, industry revenue is forecast to grow over the five years to 2014. As industrial production, the construction sector and government infrastructure investment increase over the five years to 2019, demand for the industry's recycled rubber products is expected to grow strongly.... purchase to read more

Industry Report - Industry Investment Chapter

The Tire and Rubber Recycling industry has a high level of capital intensity, with operators spending an estimated $0.73 on capital for every dollar spent on labor. The industry has become increasingly automated in attempts to improve production efficiency and decrease operating costs. Additionally, industry labor costs are relatively light, as much of the industry's operations are done by machinery and the majority of industry laborers are relatively unskilled, driving tire and crumb rubber hauling trucks and loading tires onto tire shredder conveyor belts. Nonetheless, the industry also hires more expensive, skilled labors, such as those working on research and development teams to develop new technologies and bolster competitiveness... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tire & Rubber Recycling Industry?

This industry operates facilities for separating, sorting and recycling used tires, rubber and rubber scrap. Due to the potentially harmful environmental impacts of improper tire and rubber disposal, states often directly or indirectly sponsor programs for the recycling of these materials.

Industry Products
Tire-derived fuelTire-derived aggregateCrumb rubberSemi-processed rubber
 
Industry Activities
Collecting used tires and rubberShredding used tires and rubberSeparating used tires and rubber from reinforcing materials and contaminants


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