Granular Rubber Market 2023 : Crumb rubber is made by reducing scrap tires into small, uniform granules. Inherent reinforcing materials of scrap tires, such as steel and fiber, are removed, along with other types of inert contaminants such as dust, glass, and rock. Crumb rubber is used in various applications in rubber flooring, removable speed bumps, and athletic surfaces, including playgrounds, sports courts, and athletic turfs Crumb rubber adds characteristics that improve the properties of finished products. It also helps lower costs by replacing more expensive virgin compounds. Two major technologies for producing crumb rubber are ambient mechanical grinding and cryogenic grinding. Of the two processes, cryogenic process is more expensive, but it produces smoother and smaller crumbs.
Highlights
The global Granular Rubber market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.
North American market for Granular Rubber is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
Asia-Pacific market for Granular Rubber is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
The major global companies of Granular Rubber include Tinna Rubber And Infrastructure Ltd, LIBERTY TIRE RECYCLING, Lakin Tire, Emanuel Tire Family Of Companies, Tire Disposal & Recycling, Tracc Tire Recycling, CRM, Entech Inc. and Mahantango, etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
The global market for Granular Rubber in Adhesives And Sealants is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Up To 10 Mesh, which accounted for % of the global market of Granular Rubber in 2021, is expected to reach million US$ by 2028, growing at a revised CAGR of % from 2022 to 2028.
Top Key Players:
- Tinna Rubber And Infrastructure Ltd
- LIBERTY TIRE RECYCLING
- Lakin Tire
- Emanuel Tire Family Of Companies
- Tire Disposal & Recycling
- Tracc Tire Recycling
- CRM
- Entech Inc.
- Mahantango
- SUNFLEX RECYLING PVT LTD.
- Khalsa Rubber Industries
- VELLIS GROUP
- Group CNJ
Granular Rubber Market By Applications
- Adhesives And Sealants
- Asphalt
- Rubber And Plastic Products
- Others
Granular Rubber Market By Types
- Up To 10 Mesh
- 11 To 30 Mesh
- 31 To 50 Mesh
- 51 To 80 Mesh
- Above 80 Mesh
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