Global Waste Tire Shredder Market Growth 2025-2031

The global Waste Tire Shredder market size is predicted to grow from US$ 2562 million in 2025 to US$ 4016 million in 2031; it is expected to grow at a CAGR of 7.8% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Waste Tire Shredder Industry Forecast” looks at past sales and reviews total world Waste Tire Shredder sales in 2024, providing a comprehensive analysis by region and market sector of projected Waste Tire Shredder sales for 2025 through 2031. With Waste Tire Shredder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Waste Tire Shredder industry.

This Insight Report provides a comprehensive analysis of the global Waste Tire Shredder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Waste Tire Shredder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Waste Tire Shredder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Waste Tire Shredder and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Waste Tire Shredder.

This report presents a comprehensive overview, market shares, and growth opportunities of Waste Tire Shredder market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Electrical
Hydraulic

Segmentation by Application:
Industry
Environmental Friendly
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Waste Tire Shredder market?

What factors are driving Waste Tire Shredder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Waste Tire Shredder market opportunities vary by end market size?

How does Waste Tire Shredder break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.