Tire & Rubber Recycling
The Tire & Rubber Recycling industry has experienced relatively steady growth over the past five years, as growing concern over public health and the environment has spurred more widespread and strict regulations regarding waste tire and rubber disposal, which have provided increased direct and indirect funding for the industry. Additionally, the industry has benefited from increased demand for industry products for manufacturing and construction purposes, in addition to increased government demand. As a result, industry revenue is forecast to grow over the five years to 2018. As industrial production, the construction sector and government infrastructure investment are anticipated to increase over the five years to 2023, demand for the industry's recycled rubber products is expected to grow as well.
This industry operates facilities for separating, sorting and recycling used tires, rubber and rubber scrap. Due to the potentially harmful environmental impacts of improper tire and rubber disposal, states often directly or indirectly sponsor programs for the recycling of these materials.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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