Reclaimed Rubber from Devulcanization Market
The reclaimed rubber from devulcanization market involves recycling rubber through advanced technological processes. The primary customers are in the automotive and aviation industries, which use the material for tire production and other components. Key growth drivers include innovations in devulcanization technology that lower production costs, the expansion of the global automotive sector, and the rising price of new rubber, which increases the appeal of recycled alternatives.
CAGR
10%
Compound Annual Growth Rate
Current Value
$690.0M
Estimated 2026
Projected Value
$1.49B
By 2034
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