Recycled Elastomers Market

By Material Type;

Synthetic and Natural

By Synthetic Type;

Thermoset and Thermoplastic

By Thermoset;

Recycled Rubber, Recycled Polyurethane, and Others

By Thermoplastic;

Styrenic Block Copolymers (SBC), Thermoplastic Polyurethane (TPU), Thermoplastic Vulcanizate (TPV), and Others

By Application;

Automotive, Industrial Facilities, Healthcare, Packaging, Construction, Consumer Goods, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn595273555 Published Date: September, 2025 Updated Date: October, 2025

Recycled Elastomers Market Overview

Recycled Elastomers Market (USD Million)

Recycled Elastomers Market was valued at USD 5,526.70 million in the year 2024. The size of this market is expected to increase to USD 12,217.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.


Recycled Elastomers Market

*Market size in USD million

CAGR 12.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.0 %
Market Size (2024)USD 5,526.70 Million
Market Size (2031)USD 12,217.78 Million
Market ConcentrationLow
Report Pages320
5,526.70
2024
12,217.78
2031

Major Players

  • GRP Ltd.
  • Liberty Tire Recycling
  • American Tire Recycling
  • West Coast Rubber Recycling
  • Monmouth Rubber & Plastics Corp.
  • J.Allcock & Sons Limited
  • RubberForm Recycled Products LLC.
  • American Recycling Center
  • Green Rubber One Sdn. Bsd.
  • Austin Rubber Company LLC
  • Klean Industries
  • Genan Holding
  • Rubbergreen
  • Entech Inc.
  • Emanuel Tire Co.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Recycled Elastomers Market

Fragmented - Highly competitive market without dominant players


The Recycled Elastomers Market is expanding as industries focus on sustainable solutions and resource conservation. Recycling elastomers reduces environmental waste while supporting cost-effective production. Nearly 50% of the demand is connected to tire recycling, showcasing their critical role in advancing circular economy practices.

Automotive and Transportation Applications
Over 40% of recycled elastomer consumption comes from the automotive and transportation sector. These materials are used in soundproofing, gaskets, and floor mats, offering durability and eco-friendly performance. Their contribution to lightweight, efficient, and cost-effective vehicle components makes them increasingly attractive to manufacturers.

Construction and Industrial Usage
The construction and industrial sectors represent close to 30% of recycled elastomer demand. They are utilized in flooring, roofing, adhesives, and molded components. Their strength, resilience, and ability to extend product lifespan make them an ideal choice for long-lasting infrastructure and industrial solutions.

Innovation and Sustainability Trends
Nearly 25% of new advancements in the recycled elastomers market emphasize sustainable processing and material efficiency. These innovations enable manufacturers to meet eco-regulatory standards while offering products with performance comparable to virgin elastomers, boosting market adoption.

Market Outlook
The recycled elastomers market is poised for consistent growth as industries seek eco-friendly alternatives. With more than 45% of expansion tied to applications in automotive, construction, and consumer products, recycled elastomers are set to become key contributors to sustainable industrial development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Synthetic Type
    3. Market Snapshot, By Thermoset
    4. Market Snapshot, By Thermoplastic
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Recycled Elastomers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of recycling infrastructure

        2. Limited availability of feedstock

        3. Increasing demand for eco-friendly products

        4. Growing awareness about recycling benefits

      2. Restraints
        1. Variability in recycled elastomers

        2. High initial setup costs for recycling facilities

        3. Regulatory challenges in different regions

        4. Lack of standardization in recycling practices

      3. Opportunities
        1. Chemical and mechanical recycling technologies

        2. Construction and automotive industries

        3. Government incentives and subsidies

        4. Growing demand from developing regions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Recycled Elastomers Market, By Material Type, 2021 - 2031 (USD Million)
      1. Synthetic
        1. Thermoset
          1. Recycled Rubber
          2. Recycled Polyurethane
          3. Others
        2. Thermoplastic
          1. Styrenic Block Copolymers (SBC)
          2. Thermoplastic Polyurethane (TPU)
          3. Thermoplastic Vulcanizate (TPV)
          4. Others
      2. Natural
    2. Recycled Elastomers Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Industrial Facilities
      3. Healthcare
      4. Packaging
      5. Construction
      6. Consumer Goods
      7. Others
    3. Recycled Elastomers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GRP Ltd.
      2. Liberty Tire Recycling
      3. American Tire Recycling
      4. West Coast Rubber Recycling
      5. Monmouth Rubber & Plastics Corp.
      6. J.Allcock & Sons Limited
      7. RubberForm Recycled Products LLC.
      8. American Recycling Center
      9. Green Rubber One Sdn. Bsd.
      10. Austin Rubber Company LLC
      11. Klean Industries
      12. Genan Holding
      13. Rubbergreen
      14. Entech Inc.
      15. Emanuel Tire Co.
  7. Analyst Views
  8. Future Outlook of the Market