Over the past five years, the industry has grown strongly 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 benefitted from the economic growth over the past five years, which has resulted in increased demand for industry products for manufacturing, construction and energy purposes. As a result, industry revenue is forecast to grow over the five years to 2014. As industrial production, the construction sector and government infrastructure investment increase over the five years to 2019, demand for the industry's recycled rubber products is expected to grow strongly.
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.