KEY FINDINGS
The Asia-Pacific end-of-life tire (ELT) management market is anticipated to register a CAGR of 4.80% across the forecasting period of 2023 to 2032. Energy costs, as well as environmental protection legislations, play an essential role in spurring the increased demand for TDF production in the region, thus augmenting the Asia-Pacific end-of-life tire (ELT) management market growth. The region is also set to record the fastest manufacturing growth rate due to population increase and extensive industrial production.
MARKET INSIGHTS
The Asia-Pacific end-of-life tire (ELT) management market growth study includes the evaluation of India, South Korea, Indonesia, Thailand, Vietnam, China, Japan, Australia & New Zealand, and Rest of Asia-Pacific. Material recovery constitutes a sizeable portion of end-of-life tire recovery in India, accounting for 76%. Moreover, the generated material is mainly directed toward crumb rubber production. In 2016, the Government of India issued a draft of Waste Tyres Management Rules. The new regulations are set to create a framework for managing end-of-life tire practices in the country in a more rigorous, effective, organized, and environment-friendly manner.
In South Korea, end-of-life tires are primarily valorized for energy recovery and material recovery, equating to 50.1% and 37.9%, respectively. The country's primary ELT management organization, Korean Tire Manufacturers Association (KOTMA), is a non-profit organization representing South Korean tire and tube manufacturers' interests. Its key roles include the collection, management, and treatment of end-of-life tires in Korea in an efficient as well as sustainable way. These factors, in turn, are set to propel the market growth of the region during the forecast period.
COMPETITIVE INSIGHTS
Major companies operating in the market are PCBL Limited, Denka Company Limited, Amandus Kahl GmbH & Co KG, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia-Pacific End-Of-Life Tire (ELT) Management Market Forecast 2023-2032
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Major Market Findings
2.4.1. End-Of-Life Tires (Elt) Are A Resource Rather Than Waste
2.4.2. Tire-Derived Fuel Is An Excellent Supplement To Produce Heat During Cement Kiln Production
2.4.3. Mechanical Treatment Technology Is An Important And Dynamic Sector For End-Of-Life Tires Management
3. Market Dynamics
3.1. Key Drivers
3.1.1. Rubber Is A Key Ingredient Across Auxiliary Industries
3.1.2. Indirect Impact Of Increased Goods Consumption On Rubber Demands
3.2. Key Restraints
3.2.1. Increased Usage Of Green Tires
3.2.2. Health Hazards And Environmental Issues Associated With Rubber Cultivation
4. Key Analytics
4.1. End-Of-Life Tire (Elt) Management Market Applications
4.1.1. Tire-Derived Applications
4.1.1.1. Tire-Derived Fuel In Cement Industry
4.1.1.2. Tire-Derived Fuel In Paper And Pulp Industry
4.1.1.3. Tire-Derived Fuel In Electrical Utilities
4.1.1.4. Tire-Derived Fuel In Industrial And Utility Boilers
4.1.2. Ground Rubber Applications
4.1.2.1. Rubber Modified Asphalt
4.1.2.2. Molded And Extruded Products
4.1.3. Athletic And Recreational Applications
4.1.3.1. Synthetic Sports Turf
4.1.3.2. Playground And Other Entertainment Surfaces
4.1.3.3. Animal Protection And Living Equipment
4.1.3.4. Horticultural And Agricultural Applications
4.1.4. Civil Engineering Applications
4.1.4.1. Tire-Derived Aggregate (Tda) As Drainage Aggregate
4.1.4.1.1. Landfill Operations
4.1.4.1.2. Landfill Gas Collection Systems
4.1.4.1.3. Drainage Applications For Highways And Other Roads
4.1.4.1.4. Drainage Applications For Small-Scale Constructions
4.1.4.2. Tire-Derived Aggregate (Tda) As Lightweight Fill
4.2. End-Of-Life Tire (Elt) Treatment Technologies
4.2.1. Mechanical Treatment Technologies
4.2.1.1. Mechanical Shredding
4.2.1.2. Mechanical Grinding: Granulation
4.2.1.3. Wet Grinding
4.2.2. Cryogenic Treatment Technologies
4.2.2.1. Cryogenic Shredding And Grinding
4.2.2.2. Mechanical Devulcanization
4.2.3. Thermal Treatment Technologies
4.2.3.1. Pyrolysis Process
4.2.3.2. Gasification Process
4.2.3.3. Devulcanization Process
4.3. Key Market Trends
4.3.1. Recycling - Rubber Crumb Potential
4.3.2. Recovery - Alternative Fuels
4.4. Average Composition Of End-Of-Life Tire (Elt)
4.5. Energy Valorization
4.6. Financing The End-Of-Life Tire (Elt) Management
4.7. Porter's Five Forces Analysis
4.7.1. Buyers Power
4.7.2. Suppliers Power
4.7.3. Substitution
4.7.4. New Entrants
4.7.5. Industry Rivalry
4.8. Number Of Collected Used Tires - By Country
4.8.1. China
4.8.2. India
4.9. Market Maturity Analysis
4.10. Market Concentration Analysis
4.11. End-Of-Life Tire (Elt) Management Regulations, Legislations, And Policies
4.12. Patent Review
4.13. Value Chain Analysis
4.13.1. Farm Input Companies
4.13.2. Analyzing Farmers And Farming Companies
4.13.3. Analysing Collector And Processor
4.13.4. Importers
4.13.5. Analyzing End-Users
4.14. Asia-Pacific Tire Production, 2011-2020
4.15. Natural Rubber Trade Analysis, 2021
5. Market By Treatment Technology
5.1. Rubber Remediation
5.2. Scrap Tire Treatment
6. Market By Rubber Remediation Application
6.1. Tire-Derived Fuel (Tdf)
6.1.1. Cement
6.1.2. Industrial Utilities
6.1.3. Electrical Utilities
6.1.4. Pulp & Paper
6.2. Ground Rubber
6.2.1. Molded & Extruded Products
6.2.2. Athletic & Recreational Applications
6.2.3. Rubber-Modified Asphalt
6.2.4. Animal Bedding
6.3. Civil Engineering
6.3.1. Tda As Drainage Aggregate
6.3.2. Tda As Lightweight Fill
6.4. Other Rubber Remediation Applications
6.4.1. Cut, Punched & Stamped Products
6.4.2. Agricultural & Miscellaneous Applications
7. Market By Scrap Tire Treatment Technology
7.1. Mechanical Technology
7.2. Thermal Technology
7.3. Cryogenic Technology
8. Geographical Analysis
8.1. Asia-Pacific
8.1.1. Market Size & Estimates
8.1.2. Asia-Pacific End-Of-Life Tire (Elt) Management Market Drivers
8.1.3. Asia-Pacific End-Of-Life Tire (Elt) Management Market Challenges
8.1.4. Asia-Pacific End-Of-Life Tire (Elt) Management Regulatory Framework
8.1.5. Key Players In Asia-Pacific End-Of-Life Tire (Elt) Management Market
8.1.6. Country Analysis
8.1.6.1. China
8.1.6.1.1. China End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.2. Japan
8.1.6.2.1. Japan End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.3. India
8.1.6.3.1. India End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.4. South Korea
8.1.6.4.1. South Korea End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.5. Indonesia
8.1.6.5.1. Indonesia End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.6. Thailand
8.1.6.6.1. Thailand End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.7. Vietnam
8.1.6.7.1. Vietnam End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.8. Australia & New Zealand
8.1.6.8.1. Australia & New Zealand End-Of-Life Tire (Elt) Management Market Size & Opportunities
8.1.6.9. Rest Of Asia-Pacific
8.1.6.9.1. Rest Of Asia-Pacific End-Of-Life Tire (Elt) Management Market Size & Opportunities
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Amandus Kahl Gmbh & Co Kg
9.2.1.1. Company Overview
9.2.1.2. Products / Services List
9.2.1.3. Strengths & Challenges
9.2.2. Conica Ag
9.2.2.1. Company Overview
9.2.2.2. Products / Services List
9.2.2.3. Strengths & Challenges
9.2.3. Credential Environmental Limited
9.2.3.1. Company Overview
9.2.3.2. Products / Services List
9.2.3.3. Strengths & Challenges
9.2.4. Denka Company Limited
9.2.4.1. Company Overview
9.2.4.2. Products / Services List
9.2.4.3. Strengths & Challenges
9.2.5. Genan A/S
9.2.5.1. Company Overview
9.2.5.2. Products / Services List
9.2.5.3. Strengths & Challenges
9.2.6. Geotech International Bv
9.2.6.1. Company Overview
9.2.6.2. Products / Services List
9.2.6.3. Strengths & Challenges
9.2.7. Klean Industries Inc
9.2.7.1. Company Overview
9.2.7.2. Products / Services List
9.2.7.3. Strengths & Challenges
9.2.8. Lehigh Technologies Inc
9.2.8.1. Company Overview
9.2.8.2. Products / Services List
9.2.8.3. Strengths & Challenges
9.2.9. Pcbl Limited
9.2.9.1. Company Overview
9.2.9.2. Products / Services List
9.2.9.3. Strengths & Challenges
9.2.10. Scandinavian Enviro Systems Ab
9.2.10.1. Company Overview
9.2.10.2. Products / Services List
9.2.10.3. Strengths & Challenges
List Of Tables
Table 1: Market Snapshot - End-Of-Life Tire (Elt) Management
Table 2: Waste Tire Recovery Solutions
Table 3: Average Composition Of End-Of-Life Tire (Elt)
Table 4: End-Of-Life Tire (Elt) Management In China
Table 5: End-Of-Life Tire (Elt) Management In India
Table 6: Patents Issued
Table 7: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Treatment Technology, Historical Years, 2018-2022 (In $ Million)
Table 8: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Treatment Technology, Forecast Years, 2023-2032 (In $ Million)
Table 9: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Rubber Remediation Application, Historical Years, 2018-2022 (In $ Million)
Table 10: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Rubber Remediation Application, Forecast Years, 2023-2032 (In $ Million)
Table 11: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Scrap Tire Treatment Technology, Historical Years, 2018-2022 (In $ Million)
Table 12: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Scrap Tire Treatment Technology, Forecast Years, 2023-2032 (In $ Million)
Table 13: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Country, Historical Years, 2018-2022 (In $ Million)
Table 14: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Country, Forecast Years, 2023-2032 (In $ Million)
Table 15: Asia-Pacific End-Of-Life Tire (Elt) Management Market Regulatory Framework
Table 16: Key Players Operating In Asia-Pacific End-Of-Life Tire (Elt) Management Market
Table 17: List Of Mergers & Acquisitions
Table 18: List Of Product Launches & Developments
Table 19: List Of Partnerships & Agreements
Table 20: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Energy Valorization
Figure 3: Porter's Five Forces Analysis
Figure 4: Market Maturity Analysis
Figure 5: Market Concentration Analysis
Figure 6: Value Chain Analysis
Figure 7: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Treatment Technology, In 2022
Figure 8: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Rubber Remediation, 2023-2032 (In $ Million)
Figure 9: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Scrap Tire Treatment, 2023-2032 (In $ Million)
Figure 10: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Rubber Remediation Application, In 2022
Figure 11: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Tire-Derived-Fuel (Tdf), 2023-2032 (In $ Million)
Figure 12: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Tire-Derived Fuel (Tdf), In 2022
Figure 13: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Cement, 2023-2032 (In $ Million)
Figure 14: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Industrial Utilities, 2023-2032 (In $ Million)
Figure 15: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Electrical Utilities, 2023-2032 (In $ Million)
Figure 16: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Pulp & Paper, 2023-2032 (In $ Million)
Figure 17: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Ground Rubber, 2023-2032 (In $ Million)
Figure 18: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Ground Rubber, In 2022
Figure 19: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Molded & Extruded Products, 2023-2032 (In $ Million)
Figure 20: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Athletic & Recreational Applications, 2023-2032 (In $ Million)
Figure 21: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Rubber-Modified Asphalt, 2023-2032 (In $ Million)
Figure 22: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Animal Bedding, 2023-2032 (In $ Million)
Figure 23: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Civil Engineering, 2023-2032 (In $ Million)
Figure 24: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Civil Engineering, In 2022
Figure 25: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Tda As Drainage Aggregate, 2023-2032 (In $ Million)
Figure 26: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Tda As Lightweight Fill, 2023-2032 (In $ Million)
Figure 27: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Other Rubber Remediation Applications, 2023-2032 (In $ Million)
Figure 28: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Other Rubber Remediation Applications, In 2022
Figure 29: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Cut, Punched & Stamped Products, 2023-2032 (In $ Million)
Figure 30: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Agricultural & Miscellaneous Applications, 2023-2032 (In $ Million)
Figure 31: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Growth Potential, By Scrap Tire Treatment Technology In 2022
Figure 32: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Mechanical Technology, 2023-2032 (In $ Million)
Figure 33: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Thermal Technology, 2023-2032 (In $ Million)
Figure 34: Asia-Pacific End-Of-Life Tire (Elt) Management Market, By Cryogenic Technology, 2023-2032 (In $ Million)
Figure 35: Asia-Pacific End-Of-Life Tire (Elt) Management Market, Country Outlook, 2022 & 2032 (In %)
Figure 36: China End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 37: Japan End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 38: India End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 39: South Korea End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 40: Indonesia End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 41: Thailand End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 42: Vietnam End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 43: Australia & New Zealand End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
Figure 44: Rest Of Asia-Pacific End-Of-Life Tire (Elt) Management Market, 2023-2032 (In $ Million)
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