Tire Recycling Market Size, Share, Trends, Industry Analysis Report: By Tire Types (Off-the-Road (OTR) Tires Recycling, On The Road Tires Recycling and Aircraft Tire Recycling), Recycling Methods, Application, and Region (North America, Europe, Asia Pacif

The tire recycling market size is expected treach USD 9,511.02 million by 2034, according ta new study by Polaris Market Research. The report “Tire Recycling Market Size, Share, Trends, Industry Analysis Report: By Tire Types (Off-the-Road (OTR) Tires Recycling, On The Road Tires Recycling and Aircraft Tire Recycling), Recycling Methods, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast 2025–2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The demand for the tire recycling market is witnessing significant growth, driven by increasing environmental concerns, stricter regulations, and the growing need for sustainable waste management practices. Globally, millions of tires are discarded annually, creating environmental challenges due ttheir non-biodegradable nature and potential for pollution. Tire recycling provides an effective solution tmitigate these issues while alsoffering economic and environmental benefits.

Government regulations mandating proper tire disposal and recycling have played a crucial role in driving demand. Many countries have implemented extended producer responsibility (EPR) programs, encouraging manufacturers trecycle and reuse materials from end-of-life tires. Additionally, the growing awareness among consumers and industries about the environmental impact of tire waste has fueled the adoption of recycled products. According tthe National Library of Medicine Report 2019, countries such as Italy, Belgium, Netherlands have implemented EPR systems for tires targeted for material and energy recovery. EPR for tires has proven effective in addressing key challenges in tire waste management. It has significantly reduced instances of fly-tipping and illegal stockpiling, which has enhanced resource efficiency by promoting higher recycling rates and advanced waste tire management practices along with the waste hierarchy.

Recycled tire materials, such as crumb rubber, reclaimed rubber, and steel, are finding increasing applications in industries such as construction, automotive, and sports. Crumb rubber is extensively used in asphalt for road construction, playground surfaces, and sports fields, offering enhanced durability and cost-efficiency. Furthermore, advancements in recycling technologies have improved the efficiency and cost-effectiveness of tire recycling processes, making them more accessible tbusinesses.

The tire recycling market is alssupported by the global shift toward a circular economy, where waste is minimized and resources are reused. The demand for tire recycling is expected tgrow as sustainability becomes a priority for governments, businesses, and consumers, creating opportunities for innovation and investment in this sector.

Tire Recycling Market Report Highlights

On-the-road tire recycling gained market share in 2024, driven by increased tire waste, technology advancements, rising demand for recycled rubber, regulations, and government incentives promoting sustainability.

Pyrolysis is driving tire recycling market growth due tits eco-friendly, efficient conversion of tires intvaluable by-products, improved technology, and rising demand for recycled materials across industries.

North America led the market in 2024, driven by environmental regulations, rising tire waste, sustainable disposal methods, recycling tech advancements, and increasing demand for recycled rubber products.

A few global key market players are Klean Industries; Ruedaverde; Liberty Tire Recycling; Neoland SAS; Duramos; EcoTireGreen; Genan; Drummond Ltd.; Lehigh Technologies (A Michelin Group Company); and EcolomondCorporation

Polaris Market Research has segmented the tire recycling market report on the basis of tire types, recycling methods, application, and region:

By Tire Types Outlook (Revenue, USD Million, 2021–2034)

Off-the-Road (OTR) Tires Recycling

On The Road Tires Recycling

Aircraft Tire Recycling

Airplanes

Helicopters

Others

By Recycling Methods Outlook (Revenue, USD Million, 2021–2034)

Shredding & Grinding

Pyrolysis

Retreading

Others

By Application Outlook (Revenue, USD Million, 2021–2034)

Energy Generation

Consumer Goods

Manufacturing and Industrial Uses

Civil Engineering and Infrastructure

By Regional Outlook (Revenue, USD Million, 2021–2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America