The global reclaimed rubber market is projected to expand at a compound annual growth rate (CAGR) of 10.5 percent from 2025 to 2034, driven by cost-efficient alternatives to virgin rubber and a shift towards circular economy practices, as per a report prepared by Polaris Market Research & Consulting LLP.

The report further added that the market size is expected to rise from USD 1.6 billion in 2025 to USD 3.95 billion by 2034.

Market dynamics and growth drivers

The report said the market’s growth is underpinned by the increasing adoption of circular economy models, particularly in the automotive and manufacturing sectors.

The Reclaimed rubber, sourced primarily from end-of-life tyres, reduces waste while offering a sustainable alternative to virgin materials. Regulatory pressures on waste management and carbon reduction have accelerated its adoption globally.

The report added that technological advancements are also bolstering the industry. Modern techniques, such as devulcanisation, have significantly improved reclaimed rubber quality and production efficiency, addressing the limitations of traditional recycling methods.

Automotive sector leads demand

The automotive sector remains the largest consumer of reclaimed rubber, driven by sustainability targets and cost considerations. Automakers face stringent emissions regulations and rising pressure to reduce environmental footprints, prompting increased use of reclaimed rubber in tyres, seals, and other components.

Regional trends

Regarding regional trends, the report said North America currently dominates the reclaimed rubber market and is expected to maintain its leadership throughout the forecast period. However, growing demand across Europe and Asia-Pacific, fuelled by industrial and automotive expansion, will further accelerate global market growth.

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Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.

The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.

It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.

Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”

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Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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