Reclaimed Rubber from Devulcanization Market Size Worth USD 1,489.36 million by 2034 | CAGR: 10.0%

The global reclaimed rubber from devulcanization market size is expected to reach USD 1,489.36 million by 2034, according to a new study by Polaris Market Research. The report “Reclaimed Rubber from Devulcanization Market Size, Share, Trends, Industry Analysis Report: By Type, Form (Powder, Sheets and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The reclaimed rubber from devulcanization market growth is driven by ongoing advancements in devulcanization technology and machinery. Innovations aimed at making rubber recycling more cost-effective attract a greater number of consumers. For instance, in 2021, REP introduced a high-shear mixer designed for the devulcanization of rubber, which also facilitates the production of various types of rubber from uncontaminated waste. This new technology offers several advantages that could positively impact the target market. Key benefits include reduced production costs, as the process minimizes expenses related to logistics and waste collection. Additionally, the cost of producing rubber raw material per kilogram is lower with this advanced equipment. By lowering operational costs and improving the recycling process, these technological advancements are set to expand the adoption of recycled rubber and contribute to the market growth.   

The growth of the global automotive industry, driven by rising disposable incomes, boosts the reclaimed rubber from devulcanization market growth. The automotive sector is a major consumer of rubber, primarily for tire production, which is likely to increase demand for recycled rubber materials in the sector. As the cost of new rubber continues to rise, there is a growing preference for recycled alternatives, further fueling the demand for devulcanized rubber. According to Invest India, India produced a total of 28.43 million vehicles, including two-wheelers and four-wheelers, during 2023–2024. Of this production, 4.5 million vehicles were exported. Moreover, between March 2023 and March 2024, the export of passenger vehicles rose from 6.2 million to 6.7 million. This robust growth in vehicle production and exports underscores the expanding automotive market and highlights the increasing need for recycled rubber materials to meet industry demands.

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The automotive and aviation sectors are the biggest consumers of reclaimed rubbers due to the growing demand for automobiles worldwide. Increasing globalization has increased the demand for smooth flight operations. Therefore, the use of tires has increased, which is anticipated to benefit the reclaimed rubber from devulcanization market positively.    

Reclaimed Rubber from Devulcanization Market Report Highlights

• Based on form, the powder segment is anticipated to experience substantial growth with a significant CAGR in the global market during the forecast period. This growth is attributed to the versatility of its application in various sectors.
• The automotive & aviation tires segment, by application, accounted for the largest revenue share of the market in 2023 due to the high demand for tires because of the growing automotive and aviation industries.
• In 2023, North America dominated the global reclaimed rubber from devulcanization market due to a government effort to achieve sustainability goals.
• The reclaimed rubber from devulcanization market in India is projected for substantial growth owing to an increasing demand for rubber raw materials due to the rising number of small and mid-size manufacturing companies.
• Rubberlink; Tyromer Inc.; Austin Rubber Company; Arduro Regen RBR; Polylema; Dolphin Rubbers Ltd; Circular Rubbers Technologies Inc; Toyoda Gosei Co., Ltd.; and Rubber Conversion Srl are among the global key market players.

Polaris Market Research has segmented the reclaimed rubber from devulcanization market report based on type, form, application and region:

By Type Outlook (Revenue – USD million, 2020–2034)

• Synthetic Rubber
• Natural Rubber

By Form (Revenue – USD million, 2020–2034)

• Powder
• Sheet
• Other

By Application (Revenue – USD million, 2020–2034)

• Automotive & Aircraft Tires
• Cycle Tires
• Retreading
• Belts & Hoses
• Footwear
• Molded Rubber Goods
• Others       

By Regional Outlook (Revenue – USD million, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of APAC
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of MEA

Reclaimed Rubber from Devulcanization Market Report Scope