The rubber recycling industry is undergoing significant changes due to environmental concerns and technological advancements.

As John Sheerin, senior director end-of-life tire programs at the U.S. Tire Manufacturers Association (USTMA), explained, in 2024 USTMA will begin preparation of their 2023 U.S. Scrap Tire Management Report, which will provide additional important insights and update the findings from the organization’s 2021 report.

Currently, the ground rubber market is expanding, as noted in USTMA's 2021 report, with a 20% increase since 2019. This market is the largest end-of-life tire market, consuming about 28% of all scrap tires in various products such as molded and extruded products, rubber mulch, and rubber modified asphalt.

Tire recycling is becoming increasingly important globally due to stricter waste management regulations and growing sustainability concerns. Innovations in rubber recycling technologies are improving efficiency and promoting the use of recycled materials in various products.

Recycled rubber is finding diverse applications in automotive parts, construction materials, and even footwear and sports equipment, contributing to the adoption of circular economy models.

Despite the growing demand for recycled rubber, challenges remain, including increasing competition and reluctance from some stakeholders to switch from traditional materials. However, companies like Liberty Tire are committed to innovation and sustainability, aiming for zero waste by 2030.

Read the full article for more insights into the tire recycling industry and its future prospects.