Reclaimed Rubber Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

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Reclaimed Rubber Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Industrial Batteries Market - 2023
Global Reclaimed Rubber Market
Information By Type (The Whole Tire Reclaim
(WTR), Butyl Reclaim, Ethylene Propylene Diene
Monomer, Drab Colored, And Others), Application
(Tire And Non-Tire), And Region- Forecast Till
2023 Industrial Batteries Market
Overview Reclaimed rubber is a cured rubber
produced after passing through various
thermo-chemical processes. Reclaimed rubber is
soften by shortening the polymer chain. It is
used in various applications such as automobiles,
aircraft, retreading, belts hoses, footwear,
and adhesives. Growing automotive industry is
fuelling the reclaimed rubber demand owing to
resistance to heat and ultraviolet light. The
product use is increasing in manufacturing of
wheels, tires, and belt hoses with surging
demand for automobiles globally. The total
automobile production in 2017 grew by
approximately 2.5. Rapidly expanding aerospace
industry as a result of booming demand for
aircrafts from the developing countries such as
India, China, and Thailand is expected to bolster
market growth. The product use in the
manufacturing of extruded products such as drain
tubes, pump discharge hoses is driving the market
growth. Increasing use of reclaimed rubber in the
manufacturing of footwear is stimulating the
product demand coupled with changing trends and
increased aspiration based purchasing. Growing
construction industry is driving the product
demand for flat roof covering due to heat and
weather resistance and better aesthetic appeal.
Reclaimed rubber is extensively used for
industrial applications in place of synthetic
rubber due to sustainability, less energy
consumption, and cost-effectiveness. Stringent
government regulations to promote recyclable
material usage to reduce environmental pollution
is driving the market growth.
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Industrial Batteries Market - 2023
Regional Analysis Asia Pacific is the fastest
growing region in the global reclaimed rubber
market owing to the rising demand for automobiles
coupled with increased spending on vehicles by
the middle-income group. Growing interest of the
leading automobile players such as Maruti Suzuki
and Hyundai to explore the rural areas is
stimulating the product demand. The North
American market is growing substantially owing to
increasing use in the automobiles and aircraft
tires. Increasing demand for the small wide body
passenger airplanes and non-stop route due to
more flexibility are driving the market growth.
Moreover, increasing use of reclaimed rubber over
synthetic rubber due to fluctuating oil prices is
fuelling the product demand. Europe is another
prominent region in the reclaimed rubber market
due to sustainability and less energy consumption
in the manufacturing of automobile components.
Targets set by the European Union (EU) to
increase the energy efficiency level by 20 till
2030 is another driving factor for the growth of
reclaimed rubber market. Latin America and the
Middle East Africa region are likely to grow at
moderate rate over the forecast period. However,
the developing automotive industry especially in
Mexico is likely to drive the market growth in
the Latin America region. Segmentation On the
basis of the type, the reclaimed rubber market is
divided into whole tire reclaim (WTR), butyl
reclaim, ethylene propylene diene monomer (EPDM),
drab colored, and others. Based on the
application, the global reclaimed rubber market
is segmented into tire and non-tire wherein, The
tire application is further segmented into inner
liner, inner tubes, tire side walls, tire piles,
and tire treads retreads. The non-tire
application is sub-segmented into conveyor belts,
molded goods, adhesives, footwear, matting,
profiles, and roofing. Geographically, the
market is divided into five key regions,
including Asia Pacific, North America, Europe,
Latin America, and the Middle East Africa.
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Industrial Batteries Market - 2023
Key Players Some of the key players in the
global reclaimed rubber market are Fishfa Rubbers
Ltd (Gujarat), GRP LTD (Mumbai), Rolex Reclaim
Pvt. Ltd (Gujarat), Sun Exim (India), Swani
Rubber Industries (India), HUXAR (India), Minar
Reclamation Pvt. Ltd (India), Miracle Rubbers
(India), Genan (Denmark), MICHELIN (France),
Revlon Rubbers Private Limited (India), High Tech
Reclaim Pvt. Ltd (India). Intended
Audience Reclaimed rubber manufacturers Traders
and distributors of reclaimed rubber Research and
development institutes Potential investors Raw
material suppliers Nationalized laboratory
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