Product Code: ETC096223 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Reclaimed Rubber Market registered a decline of -43.35% in value shipments in 2022 as compared to 2021 and an increase of 12.64% CAGR in 2022 over a period of 2017. In Reclaimed Rubber Market India is becoming more competitive as the HHI index in 2022 was 2799 while in 2017 it was 4653. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Reclaimed Rubber Market.
India Reclaimed Rubber Market is expected to witness significant growth over the coming years on account of increasing demand from automotive, and building & construction industries. The major drivers for India reclaimed rubber market include growing use of reclaimed rubber in manufacturing cost-effective products, availability of a wide variety of raw materials that can be used in production processes, and the fact that it has relatively lesser environmental impact than new rubber. Moreover, the rising demand for sustainable and eco-friendly materials will further support its adoption across various end-user sectors. However, availability of substitutes such as synthetic rubbers and natural rubbers may hamper its growth prospects.
The main challenge faced by Indiareclaimed rubber manufacturers are high costs associated with them which render them pricier than both natural and synthetic alternatives thus hampering their adoption rate among consumers who look out for cheaper substitutes instead.Moreover , there is lack of awareness about recycled materials among buyers regarding their advantages which may further retard their usage even if they come at competitive prices.
Some key drivers of India reclaimed rubber market include Its superior properties compared To Natural Rubber, Increasing Demand From Various End-use Industries Such As Automotive And Manufacturing Propelling The Growth Of The Market., Environmental Concerns Related To Hazardous Materials Used In Production Processes Have Also Favored Its Growth In Tire Manufacturing Industry Over Synthetic Rubber Which Uses Petroleum As A Raw Material For Manufacture Tires Due To Their Recyclable Nature.
Leading players in India reclaim rubber industry include Dunlop Polymers Pvt Ltd., Kavimex Vietnam Co Ltd., Parth Reclaims Private Limited., Omkar Speciality Chemicals Ltd., Paras Enterprises, Shri Nathji Reclaim Rubber Industries (P)Ltd., Neotech Products Pvt Ltd., Vardhman Trading Corporation etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Reclaimed Rubber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Reclaimed Rubber Market Revenues & Volume, 2020 & 2027F |
3.3 India Reclaimed Rubber Market - Industry Life Cycle |
3.4 India Reclaimed Rubber Market - Porter's Five Forces |
3.5 India Reclaimed Rubber Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 India Reclaimed Rubber Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Reclaimed Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Reclaimed Rubber Market Trends |
6 India Reclaimed Rubber Market, By Types |
6.1 India Reclaimed Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Reclaimed Rubber Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 India Reclaimed Rubber Market Revenues & Volume, By Whole Tire Reclaim (WTR), 2018 - 2027F |
6.1.4 India Reclaimed Rubber Market Revenues & Volume, By Butyl Reclaim, 2018 - 2027F |
6.1.5 India Reclaimed Rubber Market Revenues & Volume, By EPDM, 2018 - 2027F |
6.1.6 India Reclaimed Rubber Market Revenues & Volume, By Drab & Colored, 2018 - 2027F |
6.1.7 India Reclaimed Rubber Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Reclaimed Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Reclaimed Rubber Market Revenues & Volume, By Automotive & Aircraft Tires, 2018 - 2027F |
6.2.3 India Reclaimed Rubber Market Revenues & Volume, By Cycle Tires, 2018 - 2027F |
6.2.4 India Reclaimed Rubber Market Revenues & Volume, By Retreading, 2018 - 2027F |
6.2.5 India Reclaimed Rubber Market Revenues & Volume, By Belts & Hoses, 2018 - 2027F |
6.2.6 India Reclaimed Rubber Market Revenues & Volume, By Footwear, 2018 - 2027F |
6.2.7 India Reclaimed Rubber Market Revenues & Volume, By Molded Goods, 2018 - 2027F |
7 India Reclaimed Rubber Market Import-Export Trade Statistics |
7.1 India Reclaimed Rubber Market Export to Major Countries |
7.2 India Reclaimed Rubber Market Imports from Major Countries |
8 India Reclaimed Rubber Market Key Performance Indicators |
9 India Reclaimed Rubber Market - Opportunity Assessment |
9.1 India Reclaimed Rubber Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 India Reclaimed Rubber Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Reclaimed Rubber Market - Competitive Landscape |
10.1 India Reclaimed Rubber Market Revenue Share, By Companies, 2020 |
10.2 India Reclaimed Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |