Tire Recycling Market Size, Share, Trends, Industry Analysis Report: By Tire Types (Off-the-Road Tires Recycling, On The Road Tires Recycling and Aircraft Tire Recycling), Recycling Methods, Application, and Region - Market Forecast 2025-2034
The tire recycling market size is expected to reach USD 9,511.02 million by 2034, according to a new study by Polaris Market Research. The report "Tire Recycling Market Size, Share, Trends, Industry Analysis Report: By Tire Types (Off-the-Road (OTR) Tires Recycling, On The Road Tires Recycling and Aircraft Tire Recycling), Recycling Methods, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for the tire recycling market is witnessing significant growth, driven by increasing environmental concerns, stricter regulations, and the growing need for sustainable waste management practices. Globally, millions of tires are discarded annually, creating environmental challenges due to their non-biodegradable nature and potential for pollution. Tire recycling provides an effective solution to mitigate these issues while also offering economic and environmental benefits.
Government regulations mandating proper tire disposal and recycling have played a crucial role in driving demand. Many countries have implemented extended producer responsibility (EPR) programs, encouraging manufacturers to recycle and reuse materials from end-of-life tires. Additionally, the growing awareness among consumers and industries about the environmental impact of tire waste has fueled the adoption of recycled products. According to the National Library of Medicine Report 2019, countries such as Italy, Belgium, Netherlands have implemented EPR systems for tires targeted for material and energy recovery. EPR for tires has proven effective in addressing key challenges in tire waste management. It has significantly reduced instances of fly-tipping and illegal stockpiling, which has enhanced resource efficiency by promoting higher recycling rates and advanced waste tire management practices along with the waste hierarchy.
Recycled tire materials, such as crumb rubber, reclaimed rubber, and steel, are finding increasing applications in industries such as construction, automotive, and sports. Crumb rubber is extensively used in asphalt for road construction, playground surfaces, and sports fields, offering enhanced durability and cost-efficiency. Furthermore, advancements in recycling technologies have improved the efficiency and cost-effectiveness of tire recycling processes, making them more accessible to businesses.
The tire recycling market is also supported by the global shift toward a circular economy, where waste is minimized and resources are reused. The demand for tire recycling is expected to grow as sustainability becomes a priority for governments, businesses, and consumers, creating opportunities for innovation and investment in this sector.
Tire Recycling Market Report Highlights
On-the-road tire recycling gained market share in 2024, driven by increased tire waste, technology advancements, rising demand for recycled rubber, regulations, and government incentives promoting sustainability.
Pyrolysis is driving tire recycling market growth due to its eco-friendly, efficient conversion of tires into valuable by-products, improved technology, and rising demand for recycled materials across industries.
North America led the market in 2024, driven by environmental regulations, rising tire waste, sustainable disposal methods, recycling tech advancements, and increasing demand for recycled rubber products.
A few global key market players are Klean Industries; Ruedaverde; Liberty Tire Recycling; Neoland SAS; Duramos; EcoTireGreen; Genan; Drummond Ltd.; Lehigh Technologies (A Michelin Group Company); and Ecolomondo Corporation
Polaris Market Research has segmented the tire recycling market report on the basis of tire types, recycling methods, application, and region:
By Tire Types Outlook (Revenue, USD Million, 2021-2034)
Off-the-Road (OTR) Tires Recycling
On The Road Tires Recycling
Aircraft Tire Recycling
Airplanes
Helicopters
Others
By Recycling Methods Outlook (Revenue, USD Million, 2021-2034)
Shredding & Grinding
Pyrolysis
Retreading
Others
By Application Outlook (Revenue, USD Million, 2021-2034)
Energy Generation
Consumer Goods
Manufacturing and Industrial Uses
Civil Engineering and Infrastructure
By Regional Outlook (Revenue, USD Million, 2021-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Source
3.2.1. Primary Source
3.2.2. Secondary Source
4. Global Tire Recycling Market Insights
4.1. Tire Recycling Market - Market Snapshot
4.2. Tire Recycling Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing Demand for Recycled Rubber in Industries
4.2.1.2. Technological Advancements in Tire Recycling Processes
4.2.2. Restraints and Challenges
4.2.2.1. High Cost
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Tire Recycling Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Tire Recycling Market, by Tire Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Tire Recycling Market, by Tire Type, 2021-2034 (USD Million)
5.3. Off-the-Road (OTR) Tires Recycling
5.3.1. Global Tire Recycling Market, by Off-the-Road (OTR) Tires Recycling, by Region, 2021-2034 (USD Million)
5.4. On the Road Tires Recycling
5.4.1. Global Tire Recycling Market, by On the Road Tires Recycling, by Region, 2021-2034 (USD Million)
5.5. Aircraft Tire Recycling
5.5.1. Global Tire Recycling Market, by Aircraft Tire Recycling, by Region, 2021-2034 (USD Million)
5.5.2. Airplanes
5.5.2.1. Global Tire Recycling Market, by Airplanes, by Region, 2021-2034 (USD Million)
5.5.3. Helicopters
5.5.3.1. Global Tire Recycling Market, by Helicopters, by Region, 2021-2034 (USD Million)
5.5.4. Others
5.5.4.1. Global Tire Recycling Market, by Others, by Region, 2021-2034 (USD Million)
6. Global Tire Recycling Market, by Recycling Methods
6.1. Key Findings
6.2. Introduction
6.2.1. Global Tire Recycling Market, by Recycling Methods, 2021-2034 (USD Million)
6.3. Shredding & Grinding
6.3.1. Global Tire Recycling Market, by Shredding & Grinding, by Region, 2021-2034 (USD Million)
6.4. Pyrolysis
6.4.1. Global Tire Recycling Market, by Pyrolysis, by Region, 2021-2034 (USD Million)
6.5. Retreading
6.5.1. Global Tire Recycling Market, by Retreading, by Region, 2021-2034 (USD Million)
6.6. Others
6.6.1. Global Tire Recycling Market, by Others, by Region, 2021-2034 (USD Million)
7. Global Tire Recycling Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Tire Recycling Market, by Application, 2021-2034 (USD Million)
7.3. Civil Engineering and Infrastructure
7.3.1. Global Tire Recycling Market, by Civil Engineering and Infrastructure, by Region, 2021-2034 (USD Million)
7.4. Energy Generation
7.4.1. Global Tire Recycling Market, by Energy Generation, by Region, 2021-2034 (USD Million)
7.5. Consumer Goods
7.5.1. Global Tire Recycling Market, by Consumer Goods, by Region, 2021-2034 (USD Million)
7.6. Manufacturing and Industrial Uses
7.6.1. Global Tire Recycling Market, by Manufacturing and Industrial Uses, by Region, 2021-2034 (USD Million)
8. Global Tire Recycling Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Tire Recycling Market Assessment, By Geography, 2021-2034 (USD Million)
8.3. Tire Recycling Market - North America
8.3.1. North America: Tire Recycling Market, by Tire Type, 2021-2034 (USD Million)
8.3.2. North America: Tire Recycling Market, by Recycling Methods, 2021-2034 (USD Million)
8.3.3. North America: Tire Recycling Market, by Application, 2021-2034 (USD Million)