Reclaimed rubber is cured rubber obtained through thermo-chemical process that softens and swells the rubber. The viscosity of the rubber is lessened by shortening the polymer chain by mechanical shear and chemical action. The different types of reclaimed rubber available in the market are whole tire reclaim (WTR), drab and colored, butyl reclaim, and ethylene propylene diene monomer (EPDM), among others. Of these, butyl reclaim enjoys a substantial share in the market. Going forward, however, EPDM is slated to outshine all the other types of products in terms of growth due technological progress that has resulted in better product properties and improved sustainability.
Reclaimed rubber finds application in automotive and aircraft tires, footwear, cycle tires, molded rubber goods, belts and hoses, retreading, etc. Among them, the automotive and aircraft tires account for a dominant share in the market and in the years ahead is slated to outpace all other application segments to clock maximum growth. Rising knowledge about the cost-effective and eco-friendly alternatives for virgin rubber will likely drive demand for reclaimed rubber for use in durable tires and other synthetic products in automotive sector.
Reclaimed rubber is a cured rubber produced after passing through various thermo-chemical processes. Reclaimed rubber is soften by shortening the polymer chain. It is used in various applications such as automobiles, aircraft, retreading, belts & hoses, footwear, and adhesives.
Reclaimed rubber is extensively used for industrial applications in place of synthetic rubber due to sustainability, less energy consumption, and cost-effectiveness. Stringent government regulations to promote recyclable material usage to reduce environmental pollution is driving the market growth.
Reclaim rubber used as a substitute for natural & synthetic rubber. Reclaim rubber from a scrap of whole tires; tread peelings, natural rubber tubes used for different applications both for tires and on tires rubber products. Reclaiming or recycling is the widest spread method allowing fractional recycling and use of waste rubber. The common principle of the most existing methods of reclaiming is the destruction of turgid vulcanized rubber or thermal-oxidative.
At the forefront of driving demand in the global market for reclaimed rubber is the growing consumer awareness about environment-friendly materials with reduced processing costs and improved properties. As a result, reclaimed rubber is finding use in automotive and cycle tires, footwear, and other molded rubber goods. Other factors stoking growth in the market are rising rubber costs, increasing concerns about the damage caused to the environment because of dumping used rubber in rivers, and greater energy efficiency.
One trend in the market is increasing demand for reclaimed rubber tires from automotive industry. The growth of the automotive industry has resulted in high demand for reclaimed rubber tires. Reclaimed rubber is used in automotive tires to improve its resistance to sunlight, ozone, heat, and mechanical stress. With the rising use of tires in vehicles, the demand for reclaimed rubber will increase during the forecast period.
Global reclaimed rubber market was valued at USD 2.09 billion in 2016, is expected to reach USD 3.75 billion in 2022 and is anticipated to grow at a CAGR of 10.2% between 2017 and 2022.
