Recycled rubber boost as chemical recycling of tyres expands

The global chemical recycling market for tyres will hit EUR 3.6 billion by 2033, up from EUR 2.2 billion last year.

This represents a compound annual growth rate of 5.7%, driven by stricter environmental regulations and rising demand for circular solutions. Analysts also expect global tyre sales to grow, enjoying ‘positive’ momentum in the upcoming years.

The segment was worth around EUR 133 billion in 2024, with 2025 sales expected to be EUR 137 billion.

Asia Pacific leads

Research Intelo reports that Asia Pacific dominates the chemical recycling market, supported by industrial growth and expanding vehicle fleets. China and India are leading contributors, aided by government incentives and growing end-of-life tyre volumes.

Investments in pyrolysis and devulcanisation facilities are increasing rapidly. North America follows, led by the United States, while Europe maintains a substantial share thanks to EU directives on waste reduction and tyre recycling.

Circularity and new applications

Advances in chemical recycling are enabling new uses for reclaimed materials. Devulcanising and desulphurisation agents break down sulphur cross-links, producing rubber suitable for reuse. The automotive sector remains the largest consumer, using recycled rubber in tyres, mats and moulded components.

Meanwhile, the construction industry is integrating recycled rubber into asphalt, playground surfaces and insulation. Recovered carbon black (rCB) is reused in new tyres, while char is tested as a carbon black substitute.

Tyre leadership

Leading tyre producer Michelin is also expanding circular initiatives. This summer, it commissioned UK recycler Murfitts to establish a recycling hub at its Stoke-on-Trent production plant. The facility will be able to process 12 500 end-of-life tyres per annum.

Earlier this year, Michelin opened its first mining tyre recycling plant in Antofagasta, Chile. Both projects are part of the producer’s ambition to realise 100% sustainable materials by 2050.