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Market Research Report

Europe Tire Recycling Market Analysis Report | 2021 Edition | 2019-2035 | Industry Insights

Published Date :

2021-01-29

Report Pages :

410

Format :

PDF

Region Covered :

Europe

Europe Tire Recycling Market Overview

Europe's tire recycling market valued USD 2.33 billion in 2019 and is projected to grow at notable CAGR during the forecast period. In June 2013, the Tires-Committee of the Bureau of International Recycling carried good news: “Latest figures suggest that the tire recovery rate in Europe has reached an all-time high of 98.00 percent compared to 75.00 percent as recently as 2004, thus reducing landfilling to very low levels.” According to ETRA, the European Tire Recycling Association, at that time the recovery rate of end-of-life tires (ELT) in Europe was 96.00 percent on average. In 2016, the volumes’ situation in EU28 showed 117,000 tons of end-of-life tires used for civil engineering, public works, and backfilling as well as 1,630,250 tons recycled. 999,750 tons went to energy recovery, 160,000 tons were landfilled or ended unknown; tires on stock reached 49,000 tons. Used tires arising added up to 3,515,000 tons and the reuse of part-worn tires by retreading, reuse or export included 561,000 tons. So, a total of 3,306,000 tires were treated, reaching a treatment rate of 95.00 percent, according to the European Tire & Rubber Manufacturers Association (ETRMA). In the long term, the energy recovery of ELT between 1995 and 2014 declined from 53 to 37 percent, reuse and retreading of part-worn tires was reduced from 34.00 to 27.00 percent, while recycling rose from 13.00 up to 35.00 percent. The European automotive tire market stood at USD 20,037.80 million in 2018 and is expected to grow with a CAGR of 4.50% during the forecast period. European automotive tire market size is likely to reach USD 26,327.8 million by 2024 and is expected during the forecast period. The development of the automobile industry in Europe is the key contributor to the growth of the tire market in the region. Looking at the utilization; 1.10 million tons were energetically recovered by 81.00 percent in cement kilns and by 19.00 percent in urban heating and power plants in EU28, Switzerland, Norway, Serbia, and Turkey. The material recovery of 1.9 million tons took place mostly by granulation (75.00 percent), by incorporation in cement (15 percent) and among others one percent by steel mills and foundries, and one percent by pyrolysis. Latest statistics indicate that 75 percent of Europe’s ELTs destined for material recovery – equivalent to more than 1.40 million tons per annum – are channeled into granulation, for which end-use applications remain a challenge.

According to the data of ETRA (European Tire Recycling Association), about 3,250,000 tons of tires removed from cars and Lorries in the EU-27 Member States are classified as waste. Still, another 60,000-70,000 tons of tires removed from agricultural and other vehicles. The tires of the car, apart from the rubber which is used, contain quantities of metal, such as steel and iron, at a rate of up to 15.00% of the weight of the tire can be recovered and reused. In recent years there has been a significant improvement in the recycling of tires in the EU. Now, less than 18.00% results in landfills, while about 35% is recycled, and another 35.00% is used for energy production. Failure to recycle and reuse of tires makes transfer to landfill necessary, thus resulting, to faster saturation of landfills because of their volume. Moreover, there is loss of precious materials, such as rubber and steel, which have many uses and can replace other materials. According to the ETRA, 121,000 units of energy are required to produce 1kg new rubber but only 2,200 units of energy to produce 1kg of recycled crumb rubber. The result is to produce 4.35 tons of CO 2 from the production process of natural rubber but only 97 kg CO 2 to produce the same amount of recycled rubber. So, the benefit is double: avoiding the swelling phenomenon of climate change, and contributing in the process of sustainable management of natural resources. The recycled rubber is used for energy production (in the EU, this figure is 35% of tire recycling) thus saving energy and avoiding the use of other pollutant sources. The tires can be alternatively reused for several years, as whole pieces, smaller pieces, crumbs and dust. In June 2013, the Tires-Committee of the Bureau of International Recycling carried good news: “Latest figures suggest that the tire recovery rate in Europe has reached an all-time high of 98.00 percent compared to 75.00 percent as recently as 2004, thus reducing landfilling to very low levels.” According to ETRA, the European Tyre Recycling Association, at that time the recovery rate of end-of-life tires (ELT) in Europe was 96.00 percent on average. Most countries reached 100 percent, five nations ranged between 90.00 and 70.00 percent, while the rates of the Balkan states laid lower or were unknown. The main treatment methods for rubber were recycling and incineration with energy recovery at the ratio of 54.00 to 45.00 percent. In 2016, the volumes’ situation in EU28 showed 117,000 tons of end-of-life tires used for civil engineering, public works, and backfilling as well as 1,630,250 tons recycled. 999,750 tons went to energy recovery, 160,000 tons were landfilled or ended unknown; tires on stock reached 49,000 tons. Used tires arising added up to 3,515,000 tons and the reuse of part-worn tires by retreading, reuse, or export included 561,000 tons. So, a total of 3,306,000 tires were treated, reaching a treatment rate of 95.00 percent, according to the European Tire & Rubber Manufacturers Association (ETRMA). In the long term, the energy recovery of ELT between 1995 and 2014 declined from 53.00 to 37.00 percent, reuse and retreading of part-worn tires was reduced from 34.00 to 27.00 percent, while recycling rose from 13.00 up to 35.00 percent.

Europe Tire Recycling Market Segmentation

Europe Tire Recycling Industry is segmented on the following basis:

Based on Rubber Type

  • Natural Rubber (NR)
  • Ethylene-Propylenediene Monomer (EPDM) Rubber
  • Styrene-Butadiene Rubber (SBR)
  • Polychloroprene
  • Others (Fluorocarbon Rubber, Silicone)

Based on Product Type

  • Crumb Rubber
  • Tire-derived fuel (TDF)
  • Rubberized Asphalt
  • Stall Mats (Pet and Equine)
  • Playground Material
  • Automotive parts
  • Bonded Rubber/Molded Products
  • Flooring Products

Based on End-User

  • Automotive & Aviation Sector
  • Manufacturing
  • Construction
  • Others ( Sports, Home Decor)

Based on Countries

  • United Kingdom {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Germany {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • France {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Italy {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Spain {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Poland {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Sweden {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}
  • Rest of Europe {Market Size (USD Billion), Growth Analysis (%) and Tire Recycled (%)}

We conducted interviews with the Europe Tire Recycling Market Manufacturers, OEMs, Aftermarket Players, Brands, Component Manufacturers, End-User Industries, Distributors, Traders, Suppliers, Product Managers, Consultants, Decision Makers, VPs, Executives, Sales Managers, Regional Sales Head, C-level Executives, etc.

Key Highlights: Europe Tire Recycling Outlook, 2019-2035 (2021 Edition)

The report includes Europe Tire Recycling Manufacturers, OEMs & Distributors Outlook (Market Competition & Global Presence), Business Strategy & Financial Analysis of Major Players. Further, the study also covers the Industry Insights (Future Trends & Forecast Data), Trade Data (Exports and Imports) and Distribution Model Analysis, Competitive Analysis, Opportunity Analysis.

  • Market Data Outlook: Market Size (USD Billion), Market Share (%), CAGR (%), Y-O-Y Growth Rate (%) of Europe Tire Recycling Industry and further it bifurcated into Countries, 2019-2035
  • Sales Outlook: By Rubber Type, By Distribution Channel, By End User Industry Type, By Countries (Value & Volume), 2019-2035
  • Data of Manufactured & Registered Tire: By Rubber Type, By Distribution Channel, By End User Industry Type, By Countries (Value & Volume), 2019-2035
  • Manufacturing/Production of Tire: By Rubber Type (OEMs & Contract Manufacturers), Production Data (By Rubber Type, By Countries), Manufacturing Capacity, Operational Margins, Profit Margin, Distribution Analysis, etc., 2019-2035
  • Europe Tire Recycling Industry Outlook: Tire Expenditure, Transportation & Manufacturing Reforms, Manufacturing Facilities, Govt. & Private Investments, R&D, (Current & Future Outlook), 2019-2035
  • Regulatory Framework & Approvals Outlook: Regulatory Framework for Tire Recycling, Govt. Initiatives & Programs, Manufacturing Framework & Regulations, Import Framework, Regulations & Policies, etc.
  • Competitive Outlook: Players Financial Analysis, Marketing Strategies, Ranking Index, Product Portfolio, Pricing Analysis, List of Customers, Competitive Advantage, etc. Company Profiles, SWOT Analysis of Each Player, Recent News & Developments of Each Player, Merger & Acquisitions, etc.
  • Tire Recycling Aftermarket & Components Outlook: Aftermarket Analysis, Components Sales Outlook, Aftermarket Sales Outlook, Engine and Parts Manufacturers, etc, 2019-2035
  • Market Dynamics: Growth Drivers, Challenges, Opportunities, Trends, SWOT Analysis, PESTLE Analysis, Pricing Patterns, Regulations, Investments, Research & Development, 2019-2035
  • Trade Data of Tire Recycling (Export & Import): By Each Segment, By Countries, (By Value & Volume), 2019-2035
  • Target Analysis: Target & Potential Markets, By Major Countries
  • Risk Analysis: Supply & Demand Analysis, 2019-2035

The study provides an in-depth analysis of current and future trends to elucidate the imminent investment pockets in the market.

  • Current and future trends are outlined to determine the overall attractiveness of the market and single out profitable trends to gain a stronger foothold in the market.
  • Quantitative analysis of the current market and forecast from 2019-2035 is provided to showcase the financial competency of the market.
  • Drivers and opportunities are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the potential of the market.
  • Porter’s Five Forces Model and SWOT analysis of the industry illustrate the potency of the buyers & suppliers participating in the market.
  • Competitive Outlook of major players of the market to understand the current business scenario and to understand the complexity and investment-related factors.

Trends, Drivers & Challenges to Market Growth

The tire industry plays an active role in CO2 emissions reduction. This needs to go hand in hand with a full deployment of existing solutions whose application would allow benefiting fully from the most advanced tire technologies. ETRMA also supports the EC initiative to reduce Heavy Duty Vehicle (HDV) CO2 emissions and foresees reducing on average tire rolling resistance coefficient by 1% per annum. This could lead to a reduction of 8.7 million tons of CO2 emissions resulting from tires by 2030, if the current volume of road traffic remains steady.

Disposal of waste tires is a challenging task because tires have a long life and are non-biodegradable. The traditional method of disposal of waste tires have been stockpiling or illegally dumping or landfilling, all of which are a short-term solution. Landfilling of tires is a major problem as tires come up to the top of landfill and can damage caps and liners. Tires are not desired at landfills because of their large volumes and 75% void space which quickly consume valuable space. Many countries in Europe have banned landfilling of whole tires and made recycling mandatory.

Tire shreds are an excellent material for such applications as sound barriers, frost insulation, as well as for new and closing landfills. Granulate in turn makes perfect elastic layers for riding arenas and surfacing for sports fields. Blasting mats are being used also as a temporary coating for forest roads. Tire shred use for rail and road vibration protection is looking very promising, as well. End-of-life tires are also recovered to produce energy. They have a very competitive thermal value and cost compared to alternative fossil fuels. Rising oil prices and the need to conserve non-renewable resources provide additional impetus to develop the energy use of tires.

Trafikverket (The Swedish Transport Administration) has intensively researched and developed rubber-modified asphalt since 2007. The application takes advantage of the elasticity and noise-absorbing characteristics of rubber. The project is going on in testing the durability of a road surface. There is an international congress held every third year focusing on rubber asphalt opportunities. The main challenges of tire recycling concern the development of end-of-waste criteria, appreciation for tire-derived products.

Mergers and Acquisitions

In December 2011, UK-based supplier of mechanical components Blue Diamond Technologies and its Canadian Affiliate ECO/BDT formed a joint venture with Insigma Technologies of China. Matter: the establishment of overall 13 facilities for the production of reusable crumb rubber, clean steel, and fiber from used vehicle tires. In March 2014, Sweden-based Enviro Systems AB signed a memorandum with state-owned Vanlead Group, southern China’s largest tire manufacturer, for a tire recycling plant in China. It was planned to use Enviro’s reclaimed carbon black material in Vanlead’s tire production of 30,000 tons of tires annually. In June 2015, the Central China Rubber Resources Recycling Industrial Park in Xiangyang broke ground. USD 340 million funding was planned to make it the country’s largest rubber recycling park with a capacity of 300,000 tons per year for rubber-modified asphalt and 100,000 tons per annum for recycled rubber.

Players Specific Data (Product Launch, International and Domestic Players dominance, Sales Distribution)

Product Launch

Europe: Goodyear announced the introduction of new updated High Load version for its Fuelmax T trailer tire. The HL 385/65R22.5 is an axle tire designed for a load capacity up to 10 tons, to meet the growing demand for such type of tires in the European countries, which are adopting higher vehicle weights. The new size also comes with an EU tire label for the highest A grade in fuel efficiency. More than three-fourth of the European countries have amended their regulations to include axle weights more than the standard 40 tons on five-axle articulated vehicles. The new tire has been designed considering the growing demands for high load trailer tires with a load-carrying capacity of over 40 tons. Further, the new tire features Fuelmax Technology and has a load/speed index of 164K/158L, which provides both high levels of robustness along high load-carrying capacity. The High Load 385/65R22.5 also carries an M+S designation which fulfills the winter tire requirements across Europe.

Startups in Tire Recycling Industry

The Polish company Syntoil has developed an innovative method for processing tires and rubber waste into industrial products by recovering carbon black. Today, the rubber industry is the largest market for carbon, and although the recovered carbon black market is relatively new, estimated at USD 55 million in 2018, this is forecast to rise to USD 491 million by 2023.“It was extremely difficult to develop this technology,” says CEO and co-founder Martyna Sztaba. “The past three years were dominated by a series of mistakes and attempts to repair them. In this industry, errors, iterations, and repairs are not only time-consuming but also expensive. I’m glad that we had the patience and perseverance to get where we are today. “Financial support from Chivas would allow Syntoil to increase the number of renewable substances that can be extracted from processed tires, in addition to protecting people, animals, and the environment by reducing the emission of compounds that cause respiratory diseases and climate change.

International and Domestic Players Dominance in Tire Recycling Market

Tire Recycling Market: Sales Distribution Data
Main Customers(% of Exports) 2017 Main Suppliers(% of Imports ) 2017
France 30.60 Italy 15.60
Italy 16.50 France 15.10
Germany 11.60 China 9.00
Spain 3.80 Germany 8.00
Libya 2.80 Turkey 4.50
United Kingdom 2.30 Spain 4.50
United States 2.20 United States 3.40
Switzerland 2.20 Russia 2.30
Netherlands 1.80 Brazil 1.70
Belgium 1.70 Ukraine 1.70

 

Recycling Companies Revenue USD Billion
Bridgestone 27.22
Michelin 25.40
Good Year 15.37
Continental AG 13.11
Sumitomo 6.81
Pirelli & c 6.15
ZC Rubber Co Limited 6.12
Yokohama Rubber Company 4.80
Cheng Shin Rubber Industry Co 4.14
MRF Limited 3.74
Toyo Tires 3.50
Cooper Tires & Rubber Company 2.95
Apollo Tires Limited 2.85
Nokian Tyres Plc. 1.74

 

Latest News in Tire Recycling Market in Europe

Europe recycling 94% of its used tires- European nations are collecting and treating 94 percent of the used tires they generate every year. After the castings for retreading’s were removed there were 3.29 million metric tons of end-of-life tires generated in Europe in 2016 up 100,000 tons from 2015. According to the Association, of these tires, some 1.90 million tons went for material recovery and 1.10 million tons for energy recovery. Granulation accounted for 80 percent of material recovery and cement kilns for 81 percent of energy recovery. Granulation of scrap tires increased from 9.30 percent in 2016 over 2015and energy recovered increased by 2 percent. The use of whole or shredded scrap tires in civil engineering projects fell by 3 percent and the use of scrap tires as blasting mats or dock bumpers declined by 15 percent. European countries are rapidly adopting extended producer responsibility programs for tires. Ireland, Slovakia, and the Czech Republic are few countries to adopt this program. The tire industry in Europe supports this program which is backed by clear statutory requirements and also provides a separate line of the invoice.

Competitive Landscape of Europe Tire Recycling Market

  • Amandus Kahl Gmbh & Co .KG
  • Redoma Recycling AB
  • Shred-Tech Corp
  • Torgita Limited
  • Robert Weibold Gmbh
  • Europe Recycling Equipment’s B.V.
  • Settentrionale Trasporti S.P.A
  • Unka Engineering
  • Welantech International GMBH
  • Noas AS Limited
  • Recipneu 
  • Wamtech A/S
  • Precimeca
  • General Recycling GmBH
  • ECO Green Equipment
  • ZERMA Machinery & Recycling Technology
  • CEYES Circular Experts
  • Eagle International
  • RMD S.A.
  • Ebhys S.A.S
  • Rp Recycling technic GmBH
  • Esmos Limited
  • TRM USA Inc.
  • Mobius
  • Pyrolyx AG
  • NCL Group 
  • Concept Green Holding Gmbh
  • Beckmann Technik & Services KG
  • Resource Recycling Industries GMBH
  • Lokman Recycling
  • Dena Nano Limited
  • Genox Recycling Technology Co .Limited
  • Eco wair
  • SSI Shredding systems, Inc.
  • Plan Makina Limited

COVID-19 impact on "Tire Recycling Market in Europe"

The report analyses and includes a complete detailed chapter of 50-70 pages about the short-term & long terms impact of the COVID-19 outbreak on each segment of the "Europe Tire Recycling Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, the impact of the virus on leading companies, the expected demand schedule and supply chain in the industry, and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Covered In This Europe Tire Recycling Market Report

The report covers the present ground scenario and the future growth prospects of the automotive aftermarket for 2019-2035 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major countries. Europe Tire Recycling Market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Europe Tire Recycling Market Outlook 2019-2035, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the tire Recycling aftermarket industry space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players, and their business models. “Europe Tire Recycling Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

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Key questions answered in this Europe Tire Recycling Market Report

  • What is the total market size by 2035 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2018-19 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategies of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for Europe Tire Recycling Market
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the Europe Tire Recycling Industry’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy, and prospect.



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Europe Tire Recycling Market Analysis Report | 2021 Edition | 2019-2035 | Industry Insights

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