Tire Recycling Market Size, Share, and Trends 2024 to 2034

The global tire recycling market size is calculated at USD 5.99 billion in 2025 and is forecasted to reach around USD 7.96 billion by 2034, accelerating at a CAGR of 3.16% from 2025 to 2034. The Asia Pacific market size surpassed USD 2.27 billion in 2024 and is expanding at a CAGR of 3.30% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 3602
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Tire Recycling Market 

5.1. COVID-19 Landscape: Tire Recycling Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Tire Recycling Market, By Process

8.1. Tire Recycling Market, by Process

8.1.1 Shredding

8.1.1.1. Market Revenue and Forecast

8.1.2. Refurbishing

8.1.2.1. Market Revenue and Forecast

8.1.3. Pyrolysis

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Tire Recycling Market, By Product

9.1. Tire Recycling Market, by Product

9.1.1. Refurbished Commercial Vehicle Tires

9.1.1.1. Market Revenue and Forecast

9.1.2. Crumbed Rubber

9.1.2.1. Market Revenue and Forecast

9.1.3. Tire Derived Fuel

9.1.3.1. Market Revenue and Forecast

9.1.4. Others

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Tire Recycling Market, By Application 

10.1. Tire Recycling Market, by Application

10.1.1. Automotive

10.1.1.1. Market Revenue and Forecast

10.1.2. Manufacturing

10.1.2.1. Market Revenue and Forecast

10.1.3. Construction

10.1.3.1. Market Revenue and Forecast

10.1.4. Rubber Products

10.1.4.1. Market Revenue and Forecast

10.1.5. Others

10.1.5.1. Market Revenue and Forecast

Chapter 11. Global Tire Recycling Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Process

11.1.2. Market Revenue and Forecast, by Product

11.1.3. Market Revenue and Forecast, by Application

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Process

11.1.4.2. Market Revenue and Forecast, by Product

11.1.4.3. Market Revenue and Forecast, by Application

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Process

11.1.5.2. Market Revenue and Forecast, by Product

11.1.5.3. Market Revenue and Forecast, by Application

11.2. Europe

11.2.1. Market Revenue and Forecast, by Process

11.2.2. Market Revenue and Forecast, by Product

11.2.3. Market Revenue and Forecast, by Application

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Process

11.2.4.2. Market Revenue and Forecast, by Product

11.2.4.3. Market Revenue and Forecast, by Application

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Process

11.2.5.2. Market Revenue and Forecast, by Product

11.2.5.3. Market Revenue and Forecast, by Application

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Process

11.2.6.2. Market Revenue and Forecast, by Product

11.2.6.3. Market Revenue and Forecast, by Application

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Process

11.2.7.2. Market Revenue and Forecast, by Product

11.2.7.3. Market Revenue and Forecast, by Application

11.3. APAC

11.3.1. Market Revenue and Forecast, by Process

11.3.2. Market Revenue and Forecast, by Product

11.3.3. Market Revenue and Forecast, by Application

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Process

11.3.4.2. Market Revenue and Forecast, by Product

11.3.4.3. Market Revenue and Forecast, by Application

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Process

11.3.5.2. Market Revenue and Forecast, by Product

11.3.5.3. Market Revenue and Forecast, by Application

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Process

11.3.6.2. Market Revenue and Forecast, by Product

11.3.6.3. Market Revenue and Forecast, by Application

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Process

11.3.7.2. Market Revenue and Forecast, by Product

11.3.7.3. Market Revenue and Forecast, by Application

11.4. MEA

11.4.1. Market Revenue and Forecast, by Process

11.4.2. Market Revenue and Forecast, by Product

11.4.3. Market Revenue and Forecast, by Application

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Process

11.4.4.2. Market Revenue and Forecast, by Product

11.4.4.3. Market Revenue and Forecast, by Application

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Process

11.4.5.2. Market Revenue and Forecast, by Product

11.4.5.3. Market Revenue and Forecast, by Application

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Process

11.4.6.2. Market Revenue and Forecast, by Product

11.4.6.3. Market Revenue and Forecast, by Application

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Process

11.4.7.2. Market Revenue and Forecast, by Product

11.4.7.3. Market Revenue and Forecast, by Application

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Process

11.5.2. Market Revenue and Forecast, by Product

11.5.3. Market Revenue and Forecast, by Application

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Process

11.5.4.2. Market Revenue and Forecast, by Product

11.5.4.3. Market Revenue and Forecast, by Application

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Process

11.5.5.2. Market Revenue and Forecast, by Product

11.5.5.3. Market Revenue and Forecast, by Application

Chapter 12. Company Profiles

12.1. Continental AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. reRubber, LLC.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Entech Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Michelin Group S.A

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Liberty Tire Services LLC (Lakin Tire)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Green Distillation Technologies Corporation LTD.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Tire Recycling Solutions SA

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Bridgestone Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Apollo Tyres Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Tire Disposal and Recycling, Inc

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global tire recycling market size is expected to increase USD 7.96 billion by 2034 from USD 5.83 billion in 2024.

The global tire recycling market will register growth rate of 3.16% between 2025 and 2034.

The major players operating in the tire recycling market are Continental AG, reRubber, LLC., Entech Inc., Michelin Group S.A., Liberty Tire Services LLC (Lakin Tire), Green Distillation Technologies Corporation LTD., Tire Recycling Solutions SA, Bridgestone Corporation, Apollo Tyres Ltd., Tire Disposal and Recycling, Inc., Wastefront AS, Contec S.A., Genan Holding A/S, Emanuel Tire, LLC, Re-Match Holding A/S, Champlin Tire Recycling Inc., and Others.

The driving factors of the tire recycling market are the energy efficiency and sustainability continues to drive demand for the tire recycling market.

Asia-Pacific region will lead the global tire recycling market during the forecast period 2025 to 2034.

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