Tyre recycling is the process of converting end-of-life and scrap tyres into reusable raw materials such as crumb rubber, recovered carbon black, steel, oil, and fuel. With the rapid growth of the automotive and transportation sector, waste tyres have become one of the fastest-growing solid waste streams worldwide, making tyre recycling an essential environmental and industrial activity.

Although the tyre industry is mature, the recycling segment is expanding steadily due to stricter environmental regulations, rising landfill restrictions, and increasing demand for recycled rubber and recovered fuels. Governments and industries are actively promoting circular economy models, which is accelerating investment in tyre recycling infrastructure.

The tyre recycling market is segmented based on processing method and end product. By technology, it includes mechanical shredding, cryogenic grinding, and pyrolysis. By output, the market is divided into crumb rubber, tyre-derived fuel (TDF), recovered carbon black, steel wire, and pyrolysis oil. These products are widely used in rubber goods, road construction, cement kilns, power generation, footwear, sports surfaces, and industrial fuel applications.

The global tyre recycling market size was estimated at USD 6.87 billion in 2024 and is projected to reach USD 8.46 billion by 2030, growing at a CAGR of 3.71% from 2025 to 2030. By application, the building & construction segment dominated the industry with the largest revenue share of 42.64% in 2024

Growth is driven by rising vehicle ownership, stricter waste-tyre disposal regulations, and growing demand for recycled rubber and alternative fuels.

Tyre recycling uses shredding, granulation, separation, and pyrolysis technologies to convert scrap tyres into commercially valuable materials. The industry is seeing increasing innovation as companies focus on higher recovery rates, cleaner fuels, and advanced material recovery.

Key global players in the tyre recycling and recovery industry include Liberty Tyre Recycling, Genan Group, Scandinavian Enviro Systems, Pyrum Innovations, Enrestec, ResourceCo, and Bolder Industries.

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