Transparency Market Research: U.S. Tire Recycling Downstream Products Market to 2031

U.S. Tire Recycling Downstream Products Market to Observe Strong Development by 2031

Transparency Market Research delivers key insights on the tire recycling downstream products market in the U.S. In terms of revenue, the tire recycling downstream products market in the U.S. is estimated to expand at a CAGR of 2.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the tire recycling downstream products market in the U.S.

The tire recycling downstream products market in the U.S. has been positively impacted by the rise in the demand for tire recycling downstream products in cement manufacturing, pulp and paper mills, and sports complexes & playgrounds in the U.S. Thus, increase in the demand for tire recycling downstream products in various end-use industries is propelling the tire recycling downstream products market in the U.S. Furthermore, government bodies and environmental groups are promoting and advancing sustainable and circular markets for scrap tire derived products. Recently, the U.S. has re-entered the Paris Agreement, which is expected to focus on increasing the awareness about recycling of scrap tires and in turn their recycling rates. These initiatives are likely to boost the tire recycling downstream products market in the U.S. during the forecast period. …

Source: Transparency Market Research