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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

The Tire & Rubber Recycling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 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 4.3% over the ten years to 2019. Comparatively, US GDP is expected to grow at an annualized rate of 2.5% 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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