End-of-Life Tire (ELT) Management Market: Top Treatment Technologies

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End-of-Life Tire (ELT) Management Market Top
Treatment Technologies A tire reaches the
end-of-life stage when it can no longer be
utilized on vehicles after being regrooved or
re-treaded. All tires, including passenger cars,
trucks, airplanes, two-wheel, and off- road
tires, eventually become end-of-life tires
(ELTs). As per Inkwood Research, the global
end-of-life tire (ELT) management market is set
to progress with a CAGR of 4.87 between 2023 to
2032. Moreover, the market is expected to capture
a revenue share of 14795.57 million by 2032.
Environmental Impact of ELTs An Alarming Global
Concern Despite the recovery rate of scrap tires
estimated at 90 in Europe and the United States,
nearly 4 billion end-of-life tires (ELTs) are
currently in landfills as well as stockpiles
globally. Besides, this amount is set to increase
up to 5 billion by the year 2030. However, the
significant waste flow of end-of-life tires can
be detrimental to the environment as well as
human health since it leads to severe water, air,
and soil pollution problems. Furthermore, as per
the National Institutes of Health, this waste
flow is non-biodegradable and is categorized
under non-hazardous waste. Since tires do not
decompose, they release chemicals into the air,
ground, and water and subsequently alter the
ecosystem. Moreover, when tires pile up in
junkyards, methane gas is released into the air,
ultimately increasing the carbon footprint and
contributing to climate change. Significant
research and development initiatives have been
undertaken in the field of ELT management by tire
companies, ELT management enterprises, scientific
laboratories, government regulators, and
industrial partners to counter the ecological
impact of end-of-life tires. In addition to
finding effective and environmentally sound uses
for ELTs, they help establish new recovery
routes, comply with reporting obligations, and
promote the introduction of efficient product
standards. A New Lease of Life Major End-of-Life
Tire (ELT) Treatment Technologies
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• End-of-life tires (ELTs) facilitate sustainable
  development objectives by reducing natural
  resource depletion and environmental costs
  associated with reserve exploitation. Aligning
  with this, ELT treatment technologies and
  services are rapidly witnessing robust growth
  while gaining crucial market shares globally.
• And on that note, here are the top end-of-life
  tire (ELT) treatment technologies along with
  their market projections
• Rubber Remediation The market for ELT
  management by treatment technologies such as
  rubber remediation has rapidly evolved over the
  last decade. This is mainly ascribed to stringent
  regulations for environmental protection and the
  efforts established by companies to grant
  incentives to end markets for the usage of scrap
  tire-derived products.
• Market Position According to Inkwood Research,
  the rubber remediation segment, under the
  treatment technology category, is set to capture
  the highest market share of 72.03 by 2032.
• Moreover, government regulations are being
  enacted for the redressal of environmental
  concerns linked to illicitly disposed of or
  stockpiled tires. Besides, they are regarded as a
  common tire disposal method in several emerging
  and developed countries.
• For example, in India, the Union environment
  ministrys new draft notification (2021) proposed
  to regulate the disposal of waste tires in India
  by enforcing the extended producer responsibility
  (EPR). As per the notification, manufacturers and
  importers of tires, including waste tires, must
  ensure that their products are recycled in line
  with the Indian governments standards.
• Scrap Tire Treatment Scrap tires, owing to
  their size, shape, and associated environmental
  hazards, present both difficult and expensive
  challenges for entities responsible for
  overseeing their management.
• In this regard, some of the major problems
  associated with scrap tires include fire hazards
  when improperly stockpiled, emission of dangerous
  oils as well as soot into air and water bodies
  when illegally burnt, and breeding grounds for
  snakes, ticks, rats, and various other vectors.
  These factors, in turn, play an essential role in
  facilitating the need for scrap tire treatment
  and recycling.
• Market Position Scrap tire treatment is expected
  to be the fastest-growing treatment technology,
  growing with a CAGR of 5.26 by 2032, as per
  Inkwood Researchs analysis.
• Inkwood Research has further classified the
  treatment technology category into the following
  sub-segments
• While major investment projects for scrap tire
  treatment and rubber recycling technologies
  operate under private ownership, most are
  classified under the mechanical, thermal, and
  cryogenic technology treatment categories
• o Mechanical Technology Mechanical treatment
  technologies constitute a crucial sector of the
  scrap tire management sector. This treatment
  technology is expected to witness notable growth
  in the overall scrap tire economy, given the
  increasing

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• volume of scrap tires produced globally, as well
  as stringent environmental legislation adopted by
  nations to avoid their direct disposal in
  landfills.
• Furthermore, scrap tire mechanical treatment
  processes, as well as services, are projected to
  generate strong opportunities for several
  developing countries mainly due to the low cost
  of operation and the simplicity of processes.
  Accordingly, Inkwood Research estimates that the
  mechanical technology segment under the scrap
  tire treatment category is set to grow with the
  highest CAGR of 5.42 during the forecast period
  of 2023 to 2032.
• Thermal Technology Thermal technologies are
  characterized as a group of commonly used
  processes for scrap tire processing. They are
  aimed at decomposing scrap tires either in the
  absence or the lack of oxygen. As per Inkwood
  Research, the thermal technology segment, under
  the scrap tire treatment segment, is expected to
  progress with a CAGR of 4.88 during the forecast
  period.
• The pyrolysis process, in this regard, is one of
  the most commonly-used thermal destruction
  technologies by ELT management companies for
  scrap tire management. For instance, Scandinavian
  Enviro Systems AB (Sweden), through its patented
  pyrolysis technology, recovers steel, carbon
  black, oil, and gas from waste tires.
• Cryogenic Technology Compared to mechanical and
  thermal processing, the cryogenic method is more
  precise as well as predictable and also produces
  the finest product. Several leading players are
  also leveraging this technology for the efficient
  treatment of ELTs. For example, Lehigh
  Technologies Inc (United States) manufactures its
  products using end-of-life tire materials and
  post-industrial rubber through the companys
  proprietary cryogenic turbo mill technology.
• The decrease in land availability for landfills,
  the need to reduce worker exposure and potential
  liability, and increased awareness of
  environmental safety have scaled scrap tire
  management technologies to new heights. And
  taking energy production and new material
  applications into account, these aspects are set
  to play a pivotal role in augmenting the global
  end-of-life (ELT) management market during the
  forecast years.
• Frequently Asked Questions (FAQs)
• How do waste tires impact human health?
• A Waste tires take up valuable space in
  landfills, thus creating breeding grounds for
  mosquitoes. This exposes communities to health
  risks, such as West Nile Virus, Encephalitis, and
  Zika Virus.
• What do thermal technologies for scrap tire
  treatments primarily entail?
• A Thermal technologies for scrap tire treatments
  mainly include the pyrolysis process,
  thermochemical process, and thermal
  devulcanization.

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