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The global reclaimed rubber market is expected to value at USD 6.32 billion by 2025.
The factors responsible for robust market growth include soaring demand from automotive and pharmaceutical sector.
Reclaimed rubber is gaining popularity in automotive for the production of automobile tires doe to its eco-friendly properties.In addition, increasing adoption of original equipment manufacturer (OEM) tires by automobile manufactures is predicted to fuel market demand for reclaimed rubber in the upcoming years.
Reclaimed rubber is manufactured via a thermo-chemical process, which involves softening & expanding the product.
Reclaimed rubber is offer simpler operation during break down processing, particularly in comparison with the synthetic rubber.
Easy availability of waste tires and cost efficiency of reclaim rubber is expected to boost market demand for the product in the upcoming years.Use of reclaimed rubber offers advantages such as higher impermeability, cure versatility, better cure rate, cure compatibility, superior adhesion, and higher heat resistance.