Market Overview:
The global crumb rubber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for crumb rubber from various applications such as tire derived fuel, ground rubber, civil engineer and others. In terms of type, the passenger car segment is expected to dominate the global crumb rubber market during the forecast period. However, in terms of CAGR, the commercial vehicle segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Crumb Rubber is a type of recycled rubber made from used tires. It is typically ground into small pieces and used as an additive in asphalt, concrete, and other construction materials to improve durability and reduce noise.
Crumb Rubber from Passenger Car:
Crumb rubber is a by-product obtained from the tire and rubber processing industries. It is also known as tread rubber or crumb in some countries. The product finds its major application in the manufacturing of tires but can be used for other applications like shoe soles, conveyor belts, automobile bumpers, etc., too.
Crumb Rubber from Commercial Vehicle:
Crumb rubber is a by-product obtained from the tire industry. It is also known as tread rubber or crumb rubber and consists of cross-linked polymers. The product finds application in various industries such as automotive, construction, electrical & electronics and consumer goods among others owing to its properties such as high strength, durability and abrasion resistance among others.
Application Insights:
The tire derived fuel application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The growing demand for passenger tires has resulted in an increased requirement of crumb rubber as a substitute source in manufacturing tire-derived fuel, which is projected to drive market growth over the next eight years.
Civil engineer is estimated to be one of the fastest-growing application segments with a CAGR exceeding 8% from 2018 to 2030 on account of increasing applications across construction activities such as pipe fittings, flanges, gaskets and seals. In addition, growing product usage as sealing compounds between structures such as buildings or tunnels also drives segment growth during construction activities.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from tire derived fuel application segment owing to rising disposable income, improving standard of living, and growing population. Moreover, government initiatives such as “Make in India†are likely to boost automobile production which will further drive product demand over the coming years.
The Asia Pacific was followed by Europe with a share of 25.0%. Growing automotive industry coupled with high R&D investment by major companies for developing innovative products is anticipated to augment product demand in this region over the forecast period.
Growth Factors:
- Increasing demand from the automotive industry for noise and vibration control applications
- Growing use of crumb rubber in sports and recreational products
- Rising demand for recycled rubber products
- Proliferation of new technologies that facilitate the processing of crumb rubber
- Stringent environmental regulations that promote the use of recycled materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Crumb Rubber Market Research Report
By Type
Crumb Rubber from Passenger Car, Crumb Rubber from Commercial Vehicle
By Application
Tire Derived Fuel, Ground Rubber, Civil Engineer, Other
By Companies
LIBERTY TIRE, BSA, Lakin Tire, CRM, Emanuel Tire, Tire Disposal & Recycling, Entech, Tri-C Manufacturing, Manhantango Enterprises, LIBERTY TIRE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Crumb Rubber Market Report Segments:
The global Crumb Rubber market is segmented on the basis of:
Types
Crumb Rubber from Passenger Car, Crumb Rubber from Commercial Vehicle
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tire Derived Fuel, Ground Rubber, Civil Engineer, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LIBERTY TIRE
- BSA
- Lakin Tire
- CRM
- Emanuel Tire
- Tire Disposal & Recycling
- Entech
- Tri-C Manufacturing
- Manhantango Enterprises
- LIBERTY TIRE
Highlights of The Crumb Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crumb Rubber from Passenger Car
- Crumb Rubber from Commercial Vehicle
- By Application:
- Tire Derived Fuel
- Ground Rubber
- Civil Engineer
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crumb Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crumb rubber is a type of rubber that is made from recycled tires. It has a low melting point, so it can be easily molded into products.
Some of the key players operating in the crumb rubber market are LIBERTY TIRE, BSA, Lakin Tire, CRM, Emanuel Tire, Tire Disposal & Recycling, Entech, Tri-C Manufacturing, Manhantango Enterprises, LIBERTY TIRE.
The crumb rubber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crumb Rubber Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Crumb Rubber Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Crumb Rubber Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Crumb Rubber Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Crumb Rubber Market Size & Forecast, 2018-2028 4.5.1 Crumb Rubber Market Size and Y-o-Y Growth 4.5.2 Crumb Rubber Market Absolute $ Opportunity
Chapter 5 Global Crumb Rubber Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Crumb Rubber Market Size Forecast by Type
5.2.1 Crumb Rubber from Passenger Car
5.2.2 Crumb Rubber from Commercial Vehicle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Crumb Rubber Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Crumb Rubber Market Size Forecast by Applications
6.2.1 Tire Derived Fuel
6.2.2 Ground Rubber
6.2.3 Civil Engineer
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crumb Rubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crumb Rubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Crumb Rubber Analysis and Forecast
9.1 Introduction
9.2 North America Crumb Rubber Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Crumb Rubber Market Size Forecast by Type
9.6.1 Crumb Rubber from Passenger Car
9.6.2 Crumb Rubber from Commercial Vehicle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Crumb Rubber Market Size Forecast by Applications
9.10.1 Tire Derived Fuel
9.10.2 Ground Rubber
9.10.3 Civil Engineer
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Crumb Rubber Analysis and Forecast
10.1 Introduction
10.2 Europe Crumb Rubber Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Crumb Rubber Market Size Forecast by Type
10.6.1 Crumb Rubber from Passenger Car
10.6.2 Crumb Rubber from Commercial Vehicle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Crumb Rubber Market Size Forecast by Applications
10.10.1 Tire Derived Fuel
10.10.2 Ground Rubber
10.10.3 Civil Engineer
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Crumb Rubber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Crumb Rubber Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Crumb Rubber Market Size Forecast by Type
11.6.1 Crumb Rubber from Passenger Car
11.6.2 Crumb Rubber from Commercial Vehicle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Crumb Rubber Market Size Forecast by Applications
11.10.1 Tire Derived Fuel
11.10.2 Ground Rubber
11.10.3 Civil Engineer
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Crumb Rubber Analysis and Forecast
12.1 Introduction
12.2 Latin America Crumb Rubber Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Crumb Rubber Market Size Forecast by Type
12.6.1 Crumb Rubber from Passenger Car
12.6.2 Crumb Rubber from Commercial Vehicle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Crumb Rubber Market Size Forecast by Applications
12.10.1 Tire Derived Fuel
12.10.2 Ground Rubber
12.10.3 Civil Engineer
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Crumb Rubber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Crumb Rubber Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Crumb Rubber Market Size Forecast by Type
13.6.1 Crumb Rubber from Passenger Car
13.6.2 Crumb Rubber from Commercial Vehicle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Crumb Rubber Market Size Forecast by Applications
13.10.1 Tire Derived Fuel
13.10.2 Ground Rubber
13.10.3 Civil Engineer
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crumb Rubber Market: Competitive Dashboard
14.2 Global Crumb Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LIBERTY TIRE
14.3.2 BSA
14.3.3 Lakin Tire
14.3.4 CRM
14.3.5 Emanuel Tire
14.3.6 Tire Disposal & Recycling
14.3.7 Entech
14.3.8 Tri-C Manufacturing
14.3.9 Manhantango Enterprises
14.3.10 LIBERTY TIRE