Published on : Jun 27, 2017
Albany, New York, June 27, 2017: Each year, approximately 100 million tires are processed by the recycling industry. Tire recyclers have invested millions of dollars in technologies and equipment to recycle tires, allowing scrap tires to play an important role in strengthening the economy and protecting the environment. A new study, focusing on the global market for scrap rubber has been recently broadcasted to the wide database of Market Research Hub (MRH), which is titled as “Global Scrap Rubber Industry 2017, Trends and Forecast Report”. This report on scrap rubber market studies the current as well as future prospects of the market globally. By using various primary and secondary reliable sources for the market information, it provides a complete information on global market trend for 2012-2017 and forecasted industry developmental trend during the period 2017-2021.
Today, scrap tires and rubbers are playing a much different role as an important part of the manufacturing process. Scrap tire rubber is a highly required material which is used in the manufacture of new tires, playground surfaces, equestrian mats and rubberized asphalt among other products. The applications for scrap tire rubber like rubberized asphalt have become recognized for their preferable properties and is gaining in prominence and widespread use. Several cutting-edge constructers are merging scrap tires with materials such as scrap plastic to produce, roofing tiles, flower pots and auto parts.
Firstly, the report provides the overview of the scrap rubber, with its definition, classification, application, and industry chain structure analysis. It has been analyzed that scrap tires provide a cleaner, economical fuel alternative to coal in cement kilns, paper and pulp mills and electric utility boilers. Scrap dealers who are involved in selling and buying of scrap confirm the fact that they send the scrap to the recycling houses. By obtaining value from all the components in the scrap tires, the process displays beneficial results and produces an attractive rate of return on investment while solving the waste tire disposal problem.
Moreover, the report is further divided by varying regions for the knowledge of product development history, competitive landscape analysis, production, supply, sales, demand market status for 2012-2017. The key regions and countries analyzed in this study are; Asia-Pacific, North-America and Europe, Germany, United Kingdom, United States, South Korea, Japan and China. The marketing channels development proposals are analyzed for status, characteristics and development trend.
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Later, the key manufacturers operating in the global market are also discussed with detailed information, such as company profile, product specification, product application analysis, price, cost, production value and contact information; which helps the new market entrants to understand the market competitiveness. Finally, new projects are researched and are concluded with market analysis, SWOT analysis, and new project investment feasibility.
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