According to our (Global Info Research) latest study, the global Waste Tire Shredder market size was valued at US$ 2524 million in 2024 and is forecast to a readjusted size of USD 4118 million by 2031 with a CAGR of 7.3% during review period.
The tire shredder is mainly suitable for grinding tires, wire tires, steel wire tires (radial tires) and various waste rubber products or scraps to make them into rubber powder and achieve the required fineness (mesh).
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world"s largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report is a detailed and comprehensive analysis for global Waste Tire Shredder market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Waste Tire Shredder market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Waste Tire Shredder market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Waste Tire Shredder market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Waste Tire Shredder market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Waste Tire Shredder
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Waste Tire Shredder market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Beston Machinery, UNTHA UK, Zato, Stokkermill, SSI Shredding Systems, Granutech Saturn, FORNNAX, Europe Shredders, EDGE Innovate, Eco Green Equipment, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Waste Tire Shredder market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electrical
Hydraulic
Market segment by Application
Industry
Environmental Friendly
Others
Major players covered
Beston Machinery
UNTHA UK
Zato
Stokkermill
SSI Shredding Systems
Granutech Saturn
FORNNAX
Europe Shredders
EDGE Innovate
Eco Green Equipment
Brentwood
Shredwell
CONICA
Gongyi Yuanda Machinery Manufacturing
Henan China Recycling Technology
Gongyi Hongfu Machinery Manufacturing
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Waste Tire Shredder product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Waste Tire Shredder, with price, sales quantity, revenue, and global market share of Waste Tire Shredder from 2020 to 2025.
Chapter 3, the Waste Tire Shredder competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Waste Tire Shredder breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Waste Tire Shredder market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Waste Tire Shredder.
Chapter 14 and 15, to describe Waste Tire Shredder sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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