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The landscape is changing, and North America Tire Recycling is at the forefront of a groundbreaking conservation industry. Research indicates that the waste collected and recycled more than 33.00% of the nation’s scrap tires, transforming more than 150 million tires into raw materials for smart, useful products that improve people’s lives. It is done because committed to a greener planet. Nearly 300 million scrap tires are generated annually—scrap tires can become a breeding ground for disease-carrying mosquitos and other vermin. Properly reclaiming and recycling these tires into reusable raw materials protects the environment and public health. In the United States, in particular, over 279.00 million discarded tires are being added to an estimated 2 billion tires currently stockpiled around the country. The turnover in U.S. scrap tire consumption in 1990, 11.00 percent of the annually generated scrap tires were consumed in the beneficial end-user market. Around USD 249.40 billion scrap tires were generated in the US in 2017. By 2017, the end-use markets consumed 81.40 percent of scrap tires generated in the U.S. The top market segments for scrap tires are tire-derived fuel, ground rubber and civil engineering applications. The need to expand all economically viable and environmentally sound scrap tire markets remains imperative. North America accounts for nearly 31.00% revenue share of the global tire recycling market. Huge implementation of tire recycling in the US is supporting the growth of business in the North American region. About 16.00% of the scrap tire generation was still landfilled in 2017. Old tires provide shelter for rodents and can trap water, providing a breeding ground for mosquitoes. In landfills, tires consume up to 75.00 percent of airspace. Some facts about the Tire Recycling Industry:
North America Tire Recycling Industry is segmented on the following basis:
We conducted interviews with the North America 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.
The report includes North America 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.
The study provides an in-depth analysis of current and future trends to elucidate the imminent investment pockets in the market.
Tire Derived fuel: scrap tires provide a cleaner, more economical fuel alternative to coal in cement kiln, pulp and paper mills and electricity utility boilers. Tire derived fuel generate more heat than a comparable weight of coal but has a lower greenhouse has impact since tires are partly made from a natural rubber derived from trees. The Tire derived fuel market used 106 million tires in 2017over 43 percent of total annual scrap tire generation and it will grow with improvements in Tire derived quality and reliable delivery.
The Massachusetts-based Product Stewardship Institute is working on creative ways to recycle tires. Scott Cassel, PSI's CEO, said that 36 states now collect fees to recycle tires, and Canada also has a program. Scrap tire markets remain regional in nature. Scrap tire markets remain strong in the mid-Atlantic region is gaining strength. Market demand in the Southeast remains high fueled by expanding TDF and ground rubber markets. The demand for tire-derived products in the Midwest and Upper Midwest, combined with expanding markets in the Eastern Plains states now creates a virtual sold-out condition in an area of the country that stretches from Texas to Minnesota and eastwards. Consequently, the demand for scrap tires equals or exceeds the supply of scrap tires exist in approximately three-fifths of the country. In the Western portion of the country, markets still remained challenged by geography and population – large expanses of land separate population centers, thus complicating transportation of scrap tires to available potential markets. Over the last two years, end-use markets expanded, dramatically increasing demand for tire-derived materials in the Pacific Northwest and the Rocky Mountain regions. This trend has caused scrap tires to be transported from states with limited or no markets to states that have newly developed markets (e.g., California and Utah). Several of the Mountain states still remain without viable markets but ample landfill capacity. Two of the major markets for scrap tires in the U.S. – Tire Derived Fuel and ground rubber applications – are expected to expand in the 2008 – 2010 timeframe. Scrap tires in stockpiles have been reduced by over 87 percent since 1990. However, challenges remain. Several states still lack effective state scrap tire management programs. Some states with comprehensive programs are facing the loss of scrap tire funds, due to state budget shortfalls during the economic downturn. RMA will continue to work toward expanding markets and achieving effective regulatory programs in realization of its commitment to shared responsibility.
In the West, Washington, Oregon, California and Arizona generally have good-to-strong demand for scrap tires, but the ability to landfill tires combined with limited market opportunities causes a considerable number of tires to be land disposed of. While industrial rubber products are used by virtually all industries, the dominant market is automotive (for example, hoses, belts, gaskets, weather stripping, glass encapsulation, air dams and deflectors, and door, window and closure seals). Other important markets include conveyor belts for mining and forestry operations, roll flooring, and consumer products. All natural rubber used in Canada is imported; it can be extracted from a variety of vegetation, but the most significant source is the rubber tree .Synthetic rubbers are produced chemically from petrochemical feedstock. Lanxess is the sole Canadian-based manufacturer of synthetic rubber. The principal synthetic rubbers include styrene-butadiene, butyl, nitrile, isoprene, chloroprene, urethane, polysulfide, silicone and ethylene propylene diene terpolymer (EPDM).
Yokohama Rubber Buys out India-based ATG
With its acquisition of Camso on July 12, 2018, Michelin strengthened its leadership position in the specialties business by creating the world leader in off-road mobility. The new division, which reflects a major strategic partnership in off-road products, will be run from Quebec (Canada).This strategic partnership, driven by shared values and a strong tradition of innovation and R&D and built on the strengths of expert teams, will make the new entity the world leader in off-road mobility.Camso, a designer, manufacturer and distributor of off-road mobility solutions since 1982, has annual turnover of $1 billion (USD). It is the leading player on several markets, including rubber tracks for farm equipment and snowmobiles, and the materials handling equipment market, with bias tires whose carcass layers are made of nylon folds positioned on the lateral surfaces and the tread at a 55-degree angle. These tires are ideal for work on rough ground. Camso is also one of the top three players on the construction market, on both tracks and tires for small construction equipment. Its technological leadership on tracks and track systems, its competitive industrial network, particularly in Sri Lanka, and the reputation of its Camso and Solid deal brands have helped it grow quickly, with average annual growth of 7 percent since 2012.This acquisition has created the world leader in the off-road market. The new entity will be managed from Magog, Quebec, to benefit from Camso’s managerial expertise and Michelin’s historic presence in Canada, in both Laval and Nova Scotia. This new global leader boasts turnover double that of Camso, is served by 26 plants and a staff of close to 12,000, and enjoys access to sustainably strong markets.
The product Notable A052 ADVAN and, A08B ADVAN, A053 ADVAN for the sizes, rallies motor in participants with popular are tires for gym and other services. In 2018, V105 Sport ADVAN the, tire flagship global the fitments X3, X4, M5 BMW the: cars grade-premium of models several GT-BluEarth our adopted has Toyota. Series-53 Class-E AMGMercedes the and Performance M X5 and Performance M .Japan in, Crown the, model car passenger it's on AE51 our highlighted introductions product.
Hundreds of US companies make a variety of products for consumers from recycled crumb rubber, including automobiles floor mats, spacers and washers, weightlifting plates, vehicle mudguards, stamped rubber products, and bumpers. Rubber recyclers constantly working to find new and innovative consumer applications and markets for their products. We are also familiar with Monro’s consolidation and its affiliate brands.
|Company||Revenue In Millions|
|Emanuel Tire Co.||1.00|
|Gerogia Tire Recovery||65.00|
|Mac’s Tire Recyclers||23.00|
|Golden By –Products Inc||170.70|
|Western Tire Recyclers||10.00|
|Zebulon Tire Center||31.40|
|Ken’s Motorcycles Tires||16.40|
|Star Ride Tires||30.50|
With respect to the auto dealership channel, which has grown 120.00% since 2000 and grew 22.00% last year, independent tire dealers continue to dominate tire distribution at the retail and wholesale levels. In 2008, they commanded 60.00% of the domestic retail passenger tire market or 118.8 million tires. Thirty years ago, tire dealers represented 45.00% of the market. When we take wholesaling into account, independent tire dealers have an even greater share, because they are the main suppliers to franchised auto dealers and service stations. Auto dealerships, 5.50% No tire distribution channel has grown faster in the last eight years than the auto dealerships. Car dealers sold 11.00 million replacement passenger tire units in 2008, the majority of those supplied by Dealer Tire LLC. But the channel’s growth may be affected more by the recession than any other channel. Coinciding with the decrease in vehicle production and sales was the decrease in franchised car dealerships. At the start of 2008, there were 20,700 new car dealerships in the U.S. NADA estimates there were between 19,700 and 19,900 dealerships left standing entering the New Year. It also projects a net decline of 900 more dealerships in 2009. However, the drop in dealerships is misleading, according to NADA, because not all dealerships are created equal. Ford sells tires not only at its dealerships but also through its Quick Lane Tire & Auto Center network of close to 500 stores. The outlets sell Original Equipment brands such as Goodyear, Continental and Michelin. Other distribution trends Nokian Tyres plc has been adding stores very aggressively in the last two years. It runs 11 company-owned retail stores in New England and one wholesale outlet based in Colchester, Vt. Additional stores are planned; they will most likely be concentrated in the Snow Belt region, according to the company. There are 2,729 company-owned retail stores in the U.S., down 2.50% from 2007. They account for 7.00% of the replacement passenger tire market. Bridgestone Retail Operations LLC runs 2,047 retail stores under the following names: Firestone Complete Auto Care (1,481), Tires Plus (422), Expert Tire (98) and Wheel Works (46). It also operates 143 GCR commercial tire centers. Firestone Complete Auto Care outlets sell the Bridgestone, Firestone, Prime well and Lemans brands. Expert Tire also sells the Fuzion brand. Goodyear’s 671 stores include Goodyear Gemini outlets, Just Tires and Allied Discount Tires. Its Just Tires format has 122 stores strategically located in the following metropolitan areas: Chicago (31), Philadelphia (11), Los Angeles (51), Baltimore/Washington, D.C. (12), and Raleigh/Durham (17). They sell Goodyear, Dunlop, Republic, Pirelli, Firestone, Bridgestone, Continental, BFGoodrich, Michelin, Cooper and Kumho tires. TCI Tire Centers, owned by Michelin North America, operates 126 commercial service outlets across the U.S. Its Small Tire Marketing Division distributes Michelin, BFGoodrich, Uniroyal, Yokohama, Han kook and Trivant brand passenger and light truck tires through 34 distribution centers. Mass merchandisers lost ground to some of the other distribution channels in 2008. Wal-Mart Stores Inc. has close to 3,200 outlets selling tires, although most of those sales are concentrated in its approximately 2,435-store Tire & Lube Service Centers nationwide. Wal-Mart offers Goodyear, Michelin, Goodrich, Uniroyal and Douglas tires. Sears Holdings Corp. owns 859 Sears Auto Centers. They sell the following brands, in order of SKUs offered: Goodyear, Michelin, Dunlop, BF Goodrich, Han kook, Continental, Falken, Firestone, Bridgestone, Uniroyal, Sumitomo, Kumho, Winter Handler and General. Sears also offers two co-branded products: the Michelin Weather-wise and Bridgestone Weather force. Pep Boys-Manny, Moe & Jack is the largest tire-selling auto parts chain with 539 stores (down from 561 last year). The company favors its private brand offerings of Cornell, Futura and Definity, but also offers Han kook, Cooper and Goodyear. Warehouse clubs increased their store count by 2%, to 1,171 and held steady with a 9% share of the market. According to a 2007 study by the publication Warehouse Club Focus (WCF), the most important “attribute to a wholesale club buyer” was price/value — by a three-to-one vote. “Volume” was second at 14%. WCF (www.warehouseclubfocus.com) research says the average gross margin storewide at BJ’s Wholesale was 17% in 2007, followed by Sam’s Club at 15% and Costco Wholesale at 13%.
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 "North America 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.
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. North America Tire Recycling Market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.
North America 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. “North America 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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