Tire & Rubber Recycling in the US - Industry Market Research Report

Tire & Rubber Recycling in the US - Industry Market Research Report
Tire & Rubber Recycling in the US

The Tire and Rubber Recycling industry operates facilities for separating, sorting and recycling used tires and rubber scrap. The United States generates more than 300.0 million scrap tires every year, which amounts to the United States' most significant source of rubber waste. Scrap tire stockpiles threaten the environment and public health; they act as breeding grounds for disease-carrying mosquitoes and release toxic chemicals into the air or soil if they catch fire. As a result, state and local governments began passing legislation to ensure the proper disposal of tires in the late 1980s and early 1990s. These government programs involve industry funding, directly through subsidies or indirectly through measures like landfill tipping fees. The industry addresses the problem of rubber waste. It produces tire-derived fuel, crumb rubber or tire-derived aggregate (TDA), making valuable materials for downstream businesses and governments to refurbish schools and roads.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.