Rubber Granules Market by Granules Size (0.5-2.0mm, 2.0-4.0mm, and others), Applications (Roadways Constructions, Drain Constructions, Playground Surfaces, Automobile Industries, Adhesives and Sealants, and Others), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
Rubber Granules Market Outlook
The global rubber granules market size was valued at USD 634.5 Million in 2020 and is projected to reach USD 889.7 Million by 2028, expanding at a CAGR of 4.6% during the forecast period.
The global Rubber Granules market is projected to expand at a rapid pace, due to rising demand for rubber granules in various industries, majorly in roadways constructions, drain constructions, playground surfaces, automobile industries, adhesives and sealants.
Rubber granules are commonly used for making floor mats, drainage pipes, bumpers, waterproofing, athletic tracks, floor liners, pipe insulation and lining, road construction and repairs, non-slip paints, and others. The EPDM type of rubber granules are designed for resiliency and softness along with color fading resistance.
In 1964, the first synthetic grass was placed on the concrete, which is known as Chem Grass. It was named as Astro Turf in 1966, when it was installed in the Houston Astrodome. Many athletes do not like to play on such kind of fields, as it is not comfortable and is dangerous for landing.
In early 2000s, a new artificial turf was introduced, due to the thin layer of Astro Turf on top of concrete. This newly introduced artificial turf is known as styrene butadiene rubber, which is commonly known as crumb rubber. This rubber is made by using small black crumb pieces from old tires.
Demand for rubber granules is increasing in the sports sector, which is expected to drive the market during the forecast period. Rubber granules plays an important role for sports and playground safety. They are used in the field of sports flooring, football turf, and athlete turf. Need for rubber granules is gradually increasing in the development of playing surfaces, as they provide reliability, safety, and comfort.
It provides maximum protection against injury when players fall. Additionally, it promotes strong abrasion, as it has an antiskid and penetrable bendability, which promotes good grip when the surface is slippery. Rubber granules require less maintenance and are cost-effective.
Product laboratory tests conducted by Dow indicate that it is possible to partially replace ethylene propylene diene monomer (EPDM) with ENGAGE polyolefin elastomers (POEs) in sulfur-cured systems and completely replace EPDM in peroxide-cured systems. This indicates good hardness at room and elevated temperature, as well as tensile performance. This provides significant cost-savings opportunities for rubber granule manufacturers and surface manufacturers.
Rubber Granules Market Dynamics
Rubber granules are a type of recycled rubber, which is generated after recycling truck scrap and automotive tires. Environmental pollution produces burning of dumped or discarded tires. The EPDM rubber granules are designed for softness and resiliency. Also, these rubber granules color fading resistance.
Growing disposable income and rising population are propelling the market growth over the forecast period. In sport sector the demand of rubber granules in rising, this is anticipated to drive the market growth. Lack of awareness and increasing cost of raw material are projected to hamper the growth of the market.
Recycled rubber, reclaimed rubber, and other products made from the Para tree sap are all sustainable materials. When rubber is discarded and left on its own, or when it is created in archaic factories using crude techniques, and the products and bi-products are not managed carefully and consciously, rubber becomes harmful to the environment.
Rubber Granules Market Segment Insights
Granules Segment Analysis
In terms of granules size, the global Rubber Granules market is segmented into 0.5-2.0mm, 2.0-4.0mm, and others. In the process of recycling of rubber granules, steel and tire cord (fluff) are removed by keeping granular consistency and leaving the tire rubber. Constant processing by using cracker mill or granulator, with the help of cryogenics or by mechanical means, results into reduction of the particle size.
The 0.5-2.0 mm segment is expected to hold a considerable share of the market during the forecast period, owing to ongoing developments in the segment and its increasing use in various applications such as playground surfaces and construction.
Applications Segment Analysis
Based on applications, the global Rubber Granules market is segmented into roadways constructions, drain constructions, playground surfaces, automobile industries, adhesives and sealants, and others. The roadways constructions segment held the largest market share and is anticipated to grow at a significant pace in the coming years.
Scraped or used tire granules are used in roadway constructions along with pavements, for hermitic sealing of cracks in the road and for highway reconstruction. In roadway constructions, rubber granules are mixed with other components for creating a substrate. Increasing usage of rubber granules in construction and maintenance of roadways, as they are sound barriers for highways, is projected to drive the market in the coming years.
Regional Analysis
Based on regions, the market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in Asia-Pacific is projected to register high CAGR over the forecast period, owing to increasing number of construction and automotive industries.
The market in North America is expected to grow at a rapid pace than the market in the rest of the world, owing to the rising adoption of rubber granules in automobile industries, geotechnical applications, adhesives, and sealants.
Key Benefits for Industry Participants & Stakeholders
- In-depth analysis of the global Rubber Granules market
- Historical, current and projected market size in terms of value (USD million), volume (tons)
- Potential & niche segments and regions exhibiting promising growth covered
- Industry drivers, restraints and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Neutral perspective on global Rubber Granules market performance
Video Summary for Rubber Granules Market :
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Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rubber Granules Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rubber Granules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rubber Granules Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rubber Granules Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rubber Granules Market Size & Forecast, 2018-2028
4.5.1 Rubber Granules Market Size and Y-o-Y Growth
4.5.2 Rubber Granules Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, By Granule Size, 2018-2028
4.7 Global Rubber Granules Market: Impact Of Key Regulations
Chapter 5 Global Rubber Granules Market Analysis and Forecast By Granule Size
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Granule Size
5.1.2 Basis Point Share (BPS) Analysis By Granule Size
5.1.3 Absolute $ Opportunity Assessment By Granule Size
5.2 Rubber Granules Market Size Forecast By Granule Size
5.2.1 0.5-2.0mm
5.2.2 2.0-4.0mm
5.2.3 Others
5.3 Market Attractiveness Analysis By Granule Size
Chapter 6 Global Rubber Granules Market Analysis and Forecast By Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Applications
6.1.2 Basis Point Share (BPS) Analysis By Applications
6.1.3 Absolute $ Opportunity Assessment By Applications
6.2 Rubber Granules Market Size Forecast By Applications
6.2.1 Roadways Constructions
6.2.2 Drain Constructions
6.2.3 Playground Surfaces
6.2.4 Automobile Industries
6.2.5 Adhesives and Sealants
6.2.6 Others
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Rubber Granules Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rubber Granules Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rubber Granules Analysis and Forecast
9.1 Introduction
9.2 North America Rubber Granules Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rubber Granules Market Size Forecast By Granule Size
9.6.1 0.5-2.0mm
9.6.2 2.0-4.0mm
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis By Granule Size
9.8 Absolute $ Opportunity Assessment By Granule Size
9.9 Market Attractiveness Analysis By Granule Size
9.10 North America Rubber Granules Market Size Forecast By Applications
9.10.1 Roadways Constructions
9.10.2 Drain Constructions
9.10.3 Playground Surfaces
9.10.4 Automobile Industries
9.10.5 Adhesives and Sealants
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis By Applications
9.12 Absolute $ Opportunity Assessment By Applications
9.13 Market Attractiveness Analysis By Applications
Chapter 10 Europe Rubber Granules Analysis and Forecast
10.1 Introduction
10.2 Europe Rubber Granules Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rubber Granules Market Size Forecast By Granule Size
10.6.1 0.5-2.0mm
10.6.2 2.0-4.0mm
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis By Granule Size
10.8 Absolute $ Opportunity Assessment By Granule Size
10.9 Market Attractiveness Analysis By Granule Size
10.10 Europe Rubber Granules Market Size Forecast By Applications
10.10.1 Roadways Constructions
10.10.2 Drain Constructions
10.10.3 Playground Surfaces
10.10.4 Automobile Industries
10.10.5 Adhesives and Sealants
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis By Applications
10.12 Absolute $ Opportunity Assessment By Applications
10.13 Market Attractiveness Analysis By Applications
Chapter 11 Asia Pacific Rubber Granules Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rubber Granules Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rubber Granules Market Size Forecast By Granule Size
11.6.1 0.5-2.0mm
11.6.2 2.0-4.0mm
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis By Granule Size
11.8 Absolute $ Opportunity Assessment By Granule Size
11.9 Market Attractiveness Analysis By Granule Size
11.10 Asia Pacific Rubber Granules Market Size Forecast By Applications
11.10.1 Roadways Constructions
11.10.2 Drain Constructions
11.10.3 Playground Surfaces
11.10.4 Automobile Industries
11.10.5 Adhesives and Sealants
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis By Applications
11.12 Absolute $ Opportunity Assessment By Applications
11.13 Market Attractiveness Analysis By Applications
Chapter 12 Latin America Rubber Granules Analysis and Forecast
12.1 Introduction
12.2 Latin America Rubber Granules Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rubber Granules Market Size Forecast By Granule Size
12.6.1 0.5-2.0mm
12.6.2 2.0-4.0mm
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis By Granule Size
12.8 Absolute $ Opportunity Assessment By Granule Size
12.9 Market Attractiveness Analysis By Granule Size
12.10 Latin America Rubber Granules Market Size Forecast By Applications
12.10.1 Roadways Constructions
12.10.2 Drain Constructions
12.10.3 Playground Surfaces
12.10.4 Automobile Industries
12.10.5 Adhesives and Sealants
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis By Applications
12.12 Absolute $ Opportunity Assessment By Applications
12.13 Market Attractiveness Analysis By Applications
Chapter 13 Middle East & Africa (MEA) Rubber Granules Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rubber Granules Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rubber Granules Market Size Forecast By Granule Size
13.6.1 0.5-2.0mm
13.6.2 2.0-4.0mm
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis By Granule Size
13.8 Absolute $ Opportunity Assessment By Granule Size
13.9 Market Attractiveness Analysis By Granule Size
13.10 Middle East & Africa (MEA) Rubber Granules Market Size Forecast By Applications
13.10.1 Roadways Constructions
13.10.2 Drain Constructions
13.10.3 Playground Surfaces
13.10.4 Automobile Industries
13.10.5 Adhesives and Sealants
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis By Applications
13.12 Absolute $ Opportunity Assessment By Applications
13.13 Market Attractiveness Analysis By Applications
Chapter 14 Competition Landscape
14.1 Rubber Granules Market: Competitive Dashboard
14.2 Global Rubber Granules Market: Market Share Analysis, 2020
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ultimate RB
14.3.2 Fairmont Industries Sdn Bhd.
14.3.3 GENAN HOLDING A/S
14.3.4 GEZOLAN AG
14.3.5 CRM Rubber
14.3.6 Melos GmbH
14.3.7 Murfitts Industries
14.3.8 Oyster Industries Pvt. Ltd.
14.3.9 Shital Rubber
14.3.10 STARGUM Stankiewicz sp. z o.o.