North America Reclaimed Rubber Market Size & Outlook
North America reclaimed rubber market, 2017-2028 (US$M)
Related Markets
North America reclaimed rubber market highlights
- The North America reclaimed rubber market generated a revenue of USD 177.4 million in 2021.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 177.4 million |
| Market revenue in 2028 | USD 356.4 million |
| Growth rate | 10.5% (CAGR from 2021 to 2028) |
| Largest segment | Whole tyre reclaim rubber |
| Fastest growing segment | EPDM Reclaim Rubber |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 17.0% of the global reclaimed rubber market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,162.5 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Reclaimed Rubber Market Scope
Reclaimed Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 43.8% in 2021. Horizon Databook has segmented the North America 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.
North America is the largest importer of rubber tires and one of the major importers of rubber owing to high demand for the product from the automotive, aviation, construction, and electrical sectors.
In January 2020, American tire manufacturer, The Goodyear Tire & Rubber Company, and Rubber-Cal, a supplier of rubber flooring and mats, entered into a partnership to develop a new line of rubber flooring and mats.
According to a semi-annual report by International Air Transport Association (IATA) published in 2021, the aviation sector in North America performed well in the subsequent months after December 2020 since the government of the U.S. granted financial relief measures to the industry.
Reasons to subscribe to North America reclaimed rubber market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America reclaimed rubber market databook
-
Our clientele includes a mix of reclaimed rubber market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America reclaimed rubber market , including forecasts for subscribers. This continent databook contains high-level insights into North America reclaimed rubber market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
North America reclaimed rubber market size, by country, 2017-2028 (US$M)
North America Reclaimed Rubber Market Outlook Share, 2021 & 2028 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
