Reclaimed Rubber Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
The Reclaimed Rubber Market size is forecast to reach US$6.6 billion by 2026, after growing at a CAGR of 10.6% during the forecast period (2021-2026). Reclaimed rubber is reliable rubber that is obtained through various thermo-synthetic cycles. By shortening the polymer chain, reclaimed rubber is relaxed. The types of reclaimed rubber widely used include ethylene propylene diene monomer, butyl reclaim, and the whole Tire Reclaim. The growing automobile industry is fueling the interest in reclaimed rubber due to its ability to protect against heat and bright light. It is used in assembling wheels, belts, tires, and hoses in automobiles. Consumers are becoming increasingly conscious of the environmental impact of their behaviors and purchases. As a result, new trends including sustainability, recycling existing products, reusing outdated things, and reducing environmental effects and pollution have emerged. Such factors have aided the expansion of the reclaimed rubber industry, which is ...