Market revenue in 2021 | USD 12.7 million |
Market revenue in 2028 | USD 26.2 million |
Growth rate | 10.9% (CAGR from 2021 to 2028) |
Largest segment | Whole tyre reclaim rubber |
Fastest growing segment | EPDM Reclaim Rubber |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Whole Tyre Reclaim Rubber, Butyl Reclaim Rubber, EPDM Reclaim Rubber, Other products |
Key market players worldwide | Shandong Ruibote New Material Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reclaimed rubber market will help companies and investors design strategic landscapes.
Whole tyre reclaim rubber was the largest segment with a revenue share of 42.52% in 2021. Horizon Databook has segmented the Brazil reclaimed rubber market based on whole tyre reclaim rubber, butyl reclaim rubber, epdm reclaim rubber, other products covering the revenue growth of each sub-segment from 2017 to 2028.
Brazil is the regional leader in Central & South America in terms of automobile production. According to statistics by OICA, the country emerged as the ninth-largest automobile producer in the world as of 2020.
This upward trend in automobile sales in Brazil is expected to increase the number of end-of-life tires in the country, thereby fueling the growth of reclaimed rubber market in Brazil over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil reclaimed rubber market , including forecasts for subscribers. This country databook contains high-level insights into Brazil reclaimed rubber market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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