USTMA shows opportunities of end-of-life tire markets expansion and tire recycling rates improvement
A new report from the U.S. Tire Manufacturers Association (USTMA) shows opportunities to expand end-use tire markets and improve tire recycling rates to keep pace with annual scrap tire generation. The 15th 2021 Scrap Tire Management Report found that markets consumed 71 percent of annually generated scrap tires in 2021, down from about 76 percent reported in 2019. This decrease is due primarily to a nearly 13 percent increase in scrap tire generation, while markets to consume them increased by six percent. However, even with this small reduction, scrap tires outperform metal, glass, aluminum, plastic and paper recycling rates. Only automotive batteries and corrugated cardboard have a higher recycling rate.
