China Reclaimed Rubber Market Size & Outlook, 2021-2028
China reclaimed rubber market, 2017-2028 (US$M)
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China reclaimed rubber market highlights
- The China reclaimed rubber market generated a revenue of USD 207.4 million in 2021 and is expected to reach USD 446.7 million by 2028.
- The China market is expected to grow at a CAGR of 11.6% from 2022 to 2028.
- In terms of segment, whole tyre reclaim rubber was the largest revenue generating product in 2021.
- EPDM Reclaim Rubber is the most lucrative product segment registering the fastest growth during the forecast period.
Reclaimed rubber market data book summary
| Market revenue in 2021 | USD 207.4 million |
| Market revenue in 2028 | USD 446.7 million |
| Growth rate | 11.6% (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 |
Other key industry trends
- In terms of revenue, China accounted for 19.8% of the global reclaimed rubber market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China reclaimed rubber market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 181.9 million by 2028.
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Reclaimed Rubber Market Scope
Reclaimed Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
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China reclaimed rubber market outlook
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 47.16% in 2021. Horizon Databook has segmented the China 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.
Based on automotive trade data collected by the International Trade Administration, China continues to be the world’s largest vehicle market by both annual sales and manufacturing output and its domestic production is expected to reach 35 million vehicles by 2025.
China has since become a world leader in manufacturing chemicals, car parts, and steel on account of cheap labor and investments provided by state government and foreign companies.
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Our clientele includes a mix of reclaimed rubber market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China reclaimed rubber market , including forecasts for subscribers. This country databook contains high-level insights into China reclaimed rubber market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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China reclaimed rubber market size, by product, 2017-2028 (US$M)
China Reclaimed Rubber Market Outlook Share, 2021 & 2028 (US$M)
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