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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 | May 2016

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

IBISWorld’s Tire & Rubber Recycling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Liberty Tire Liberty Tire market share
Industry Statistics & Market Size
Revenue
$797m
Annual Growth 11-16
1.2%
Annual Growth 16-21
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Profit
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Employment
2,874
Businesses
120
Industry Analysis & Industry Trends

The industry has experienced moderate volatility over the past five years. While this industry is not directly involved with trade, export activity negatively impacts industry revenue. When scrap and used tires are exported abroad, industry operators lose out on business and are unable to collect the fees that contribute to revenue. As a result, increased export activity in 2011 and 2012 hurt industry revenue. However, the industry turned a corner in 2013, 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.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Tire and Rubber Recycling industry is in the growth stage of its life cycle. Industry value added (IVA), a measure of an industry's contribution to the overall economy, is expected to grow at an annualized rate of 3.0% over the 10 years to 2021. Comparatively, US GDP is expected to grow at an annualized rate of 2.2% over the same period. IVA growth higher than GDP growth tends to indicate an industry in the growth state of its life cycle.

Over the past few decades, the number of scrap tires generated annually at a national level has increased in line with growth in motor vehicle usage. Scrap tire piles pose substantial environmental and public health risks, as they serve as ideal mosquito breeding grounds and can release large quantities of toxic fumes if set on fire... 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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