Butyl Reclaimed Rubber Market Research Forecast 2030

Description

Butyl Reclaimed Rubber Market Research Forecast 2030

Market Overview

The market for butyl reclaimed rubber is anticipated to expand significantly during the forecast period, registering a CAGR of 12.10% to reach a value of USD 1,457.9 million. Butyl-recycled rubber performs well in the areas of insulation, shock absorption, heat resistance, chemical resistance, and air tightness.

Based on ensuring product quality, it may successfully replace butyl rubber in the production of high-quality rubber products while lowering the cost of raw materials. In actual production, butyl-recovered rubber can be utilized as both the primary rubber component and a filler. Since different rubber varieties and application scenarios have varying physical qualities, butyl application techniques and addition ratios must be adjusted accordingly.

The rise in the demand for heavy-duty vehicles Widely used in truck tires, tread rubber, and high-quality rubber molded applications are highly refined butyl reclaim rubber. Butyl rubber can be recycled and yet retain a lot of its original characteristics. It can be combined with virgin rubber to create new inner tubes, tire inner liners, and different kinds of tape. All these applications are extremely high-tech goods, and in order to be accepted, the material must adhere to strict quality requirements. The market for butyl reclamation is still very strong.

Market Segmentation

The Global Butyl Reclaimed Rubber market is categorized in terms of Application, and Region.

By Application, the market is divided into Adhesives, Waterproofing Sheets, Tires, Tube Industry, and others.

Geographically the market is classified into North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.

Regional Analysis

In North America, organizations, for example, Milin Natural have been effectively drawn in with organizations in the rubber business, furnishing them with excellent recovery materials. It likewise spends significant time in designing strands and NBR/SBR powders for use in both the car and modern gasket markets.

In Europe, the quick development in the car business and the rising item interest for the assembling of tires, belts, and hoses will fuel the Butyl Reclaimed Rubber market development around here.

In Asia pacific district, India is the second-biggest maker of reclaimed rubber after China. India is a major client, and maker and extending Auto development in India is powerful and drives the Butyl recovery rubber market.

The development of the auto business and the interest in tires are projected to support the market’s development in Latin America. A portion of the significant shoppers of butyl recover rubber in the locale incorporate Brazil, Argentina, Mexico, Ecuador, and Chile.

In the Middle East and Africa, urban areas extend past their limits, and undesirable tires gather in valuable terrains that might have in any case been utilized to develop yields or build structures.

Major Players

The key players profiled in the global butyl reclaimed rubber analysis are GRP, Fishfa Rubbers Ltd Corporation, SNR Reclamations Pvt. Ltd., and High Tech Reclaim Pvt. Ltd Inc., Rubber Resources B.V Inc., Wuxi Wanfeng Rubber Factory, Rolex Reclaim Pvt.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 12

1.1 GLOBAL BUTYL RECLAIMED RUBBER MARKET, BY APPLICATION 14

1.2 GLOBAL BUTYL RECLAIMED RUBBER MARKET, BY REGION 15

2 MARKET INTRODUCTION 16

2.1 DEFINITION 16

2.2 SCOPE OF THE STUDY 16

2.3 MARKET STRUCTURE 17

3 RESEARCH METHODOLOGY 18

3.1 RESEARCH PROCESS 18

3.2 PRIMARY RESEARCH 19

3.3 SECONDARY RESEARCH 20

3.4 MARKET SIZE ESTIMATION 20

3.5 TOP DOWN & BOTTOM UP APPROACH 21

3.6 FORECAST MODEL 22

3.7 LIST OF ASSUMPTIONS 23

4 MARKET DYNAMICS 24

4.1 DRIVERS 24

4.1.1 INCREASE DEMAND IN HEAVY HEAVY-DUTY VEHICLES 24

4.1.2 RECYCLING PROTECTS ENVIRONMENT 25

4.1.3 DRIVER IMPACT ANALYSIS 26

4.2 RESTRAINTS 26

4.2.1 FLUCTUATING RAW MATERIAL COSTS 26

4.2.2 RESTRAINT IMPACT ANALYSIS 27

4.3 OPPORTUNITIES 27

4.3.1 SURGING CONSUMER AWARENESS REGARDING THE COST-EFFECTIVE AND ECO-FRIENDLY 27

5 MARKET FACTOR ANALYSIS 28

5.1 SUPPLY CHAIN ANALYSIS 28

5.1.1 RAW MATERIALS 29

5.1.2 BUTYL RECLAIMED RUBBER MANUFACTURERS 29

5.1.3 DISTRIBUTION & SALES CHANNEL 29

5.1.4 END USER 30

5.2 PORTER’S FIVE FORCES MODEL 32

5.2.1 THREAT OF NEW ENTRANTS 32

5.2.2 BARGAINING POWER OF SUPPLIERS 33

5.2.3 THREAT OF SUBSTITUTES 33

5.2.4 BARGAINING POWER OF BUYERS 33

5.2.5 INTENSITY OF RIVALRY 33

5.3 PRICE OVERVIEW FOR APPLICATION IN 2020 (USD/TON) 34

5.4 IMPACT ON BUTYL RECLAIMED RUBBER MARKET DUE TO INCREASE IN DEMAND FOR TUBELESS TIRES 35

5.4.1 APPLICATION OF BUTYL RECLAIMED RUBBER IN FOUR TYPES OF TIRES 36

5.5 IMPACT OF COVID-19 ON THE GLOBAL BUTYL RECLAIMED RUBBER MARKET FOCUSING ON SUPPLY CHAIN AND CHANGE IN DEMAND FROM END USERS 37

5.6 MARKET SHARE ANALYSIS AND COMPARISON OF VARIOUS TYPES OF BUTYL RECLAIMED RUBBER 38

6 GLOBAL BUTYL RECLAIMED RUBBER MARKET, BY APPLICATION (VOLUME & VALUE) 40

6.1 OVERVIEW 40

6.2 ADHESIVES 42

6.3 WATERPROOFING SHEETS 43

6.4 TIRES 44

6.5 TUBES INDUSTRY 45

6.6 OTHERS 46

7 GLOBAL BUTYL RUBBER RECLAIMED, BY REGION (VOLUME & VALUE) 47

7.1 OVERVIEW 47

7.2 NORTH AMERICA 50

7.2.1 US 52

7.2.2 CANADA 53

7.3 EUROPE 54

7.3.1 GERMANY 55

7.3.2 UK 56

7.3.3 FRANCE 57

7.3.4 ITALY 58

7.3.5 SPAIN 59

7.3.6 RUSSIA 60

7.3.7 REST OF EUROPE 61

7.4 ASIA-PACIFIC 62

7.4.1 CHINA 63

7.4.2 JAPAN 64

7.4.3 INDIA 65

7.4.4 SOUTH KOREA 66

7.4.5 AUSTRALIA & NEW ZEALAND 67

7.4.6 REST OF ASIA PACIFIC 68

7.5 MIDDLE EAST & AFRICA 69

7.5.1 SOUTH AFRICA 70

7.5.2 GCC COUNTRIES 71

7.6 LATIN AMERICA 72

7.6.1 BRAZIL 73

7.6.2 MEXICO 74

7.6.3 ARGENTINA 75

8 COMPETITIVE LANDSCAPE 76

8.1 COMPETITIVE OVERVIEW 76

8.2 MAJOR GROWTH STRATEGY IN THE GLOBAL BUTYL RECLAIMED RUBBER MARKET 76

8.3 COMPETITIVE BENCHMARKING 77

9 COMPANY PROFILES 78

9.1 FISHFA RUBBERS LTD 78

9.1.1 COMPANY OVERVIEW 78

9.1.2 FINANCIAL OVERVIEW 78

9.1.3 PRODUCTS OFFERED 78

9.1.4 KEY DEVELOPMENTS 78

9.1.5 KEY STRATEGIES 79

9.2 HIGH TECH RECLAIM PVT. LTD 80

9.2.1 COMPANY OVERVIEW 80

9.2.2 FINANCIAL OVERVIEW 80

9.2.3 PRODUCTS OFFERED 80

9.2.4 KEY DEVELOPMENTS 80

9.2.5 KEY STRATEGIES 80

9.3 SNR RECLAMATIONS PVT. LTD 81

9.3.1 COMPANY OVERVIEW 81

9.3.2 FINANCIAL OVERVIEW 81

9.3.3 PRODUCTS OFFERED 81

9.3.4 KEY DEVELOPMENTS 81

9.3.5 KEY STRATEGIES 81

9.4 GRP LTD 82

9.4.1 COMPANY OVERVIEW 82

9.4.2 FINANCIAL OVERVIEW 83

9.4.3 PRODUCTS OFFERED 83

9.4.4 KEY DEVELOPMENTS 83

9.4.5 SWOT ANALYSIS 84

9.4.6 KEY STRATEGIES 84

9.5 ROLEX RECLAIM PVT 85

9.5.1 COMPANY OVERVIEW 85

9.5.2 FINANCIAL OVERVIEW 85

9.5.3 PRODUCTS OFFERED 85

9.5.4 KEY DEVELOPMENTS 85

9.5.5 KEY STRATEGIES 85

9.6 STAR POLYMERS INC 86

9.6.1 COMPANY OVERVIEW 86

9.6.2 FINANCIAL OVERVIEW 86

9.6.3 PRODUCTS OFFERED 86

9.6.4 KEY DEVELOPMENTS 86

9.6.5 KEY STRATEGIES 86

9.7 SAPPHIRE RECLAIM RUBBER PVT. LTD 87

9.7.1 COMPANY OVERVIEW 87

9.7.2 FINANCIAL OVERVIEW 87

9.7.3 PRODUCTS OFFERED 87

9.7.4 KEY DEVELOPMENTS 87

9.7.5 KEY STRATEGIES 87

9.8 WUXI WANFENG RUBBER FACTORY 88

9.8.1 COMPANY OVERVIEW 88

9.8.2 FINANCIAL OVERVIEW 88

9.8.3 PRODUCTS OFFERED 88

9.8.4 KEY DEVELOPMENTS 88

9.9 RUBBER RESOURCES B.V 89

9.9.1 COMPANY OVERVIEW 89

9.9.2 FINANCIAL OVERVIEW 89

9.9.3 PRODUCTS OFFERED 89

9.9.4 KEY DEVELOPMENTS 89

9.9.5 KEY STRATEGIES 89

9.10 KHALSA RUBBER INDUSTRIES 90

9.10.1 COMPANY OVERVIEW 90

9.10.2 FINANCIAL OVERVIEW 90

9.10.3 PRODUCTS OFFERED 90

9.10.4 KEY DEVELOPMENTS 90

9.10.5 KEY STRATEGIES 90

10 APPENDIX 91

10.1 REFERENCES 91

10.2 RELATED REPORTS 91