Europe Tire Recycling Machine Market

The Europe Tire Recycling Machine Market By Machine Type (Shredders, Extrusion, Grinder), By Mechanism (Automatic, Semi-Automatic), By Tire Type (Summer Tires, Winter Tires) & By Country (Germany, UK, France) - Global Market Insights 2023 to 2033

Analysis of Europe Tire Recycling Machine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Europe Tire Recycling Machine Market (2023 to 2033)

The europe tire recycling machine market is anticipated to project a valuation of US$ 870.9 million in 2023 and further expand at a CAGR of 3.3% to reach US$ 1,200.0 million by the end of 2033.

In the coming years, the consumption and production are anticipated to grow by four times. Inadequate management of rubber production, use, and burning results in the release of toxic gases such as carbon monoxide, cyanide, Sulphur dioxide, and many more leading to environmental pollution, particularly affecting the atmosphere.

Report Attributes Details
Market Size (2022A) US$ 854.6 Million
Estimated Market Value (2023E) US$ 870.9 Million
Forecasted Market Value (2033F) US$ 1,200.4 Million
Europe Market Growth Rate (2023 to 2033) 3.3% CAGR
Germany Estimated Market Value (2023E) US$ 217.7 Million
France Market Growth Rate (2023 to 2033) ~3.9% CAGR
United Kingdom Market Growth Rate (2023 to 2033) ~2.1% CAGR
Key Companies Profiled Fornnax Technology Pvt Ltd.; Eco Green Equipment; Yuxi Machinery Equipment(zhengzhou) Co.,Ltd; Shred-Tech; FOR REC S.P.A.; SMS Hydrotech; Tire Shredder Unlimited; Fabtex Engineering Works,; Others

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Historic to Future Pathway Analysis

The most economical and environmentally friendly way to dispose of used and worn-out tires is probably through tire recycling. Due to their inherent longevity, substantial volume, and potential risks to the environment and human health, tires rank among the most problematic categories of solid waste. Tire recycling then refers to the process of turning discarded tires into parts that can be used to create new products.

  • Short-Term Growth Projection: Growth in solid waste and recycling plants across the region to bolster the tire recycling machines sales over the forecast period.
  • Medium-Term Growth Projection: Consumption and utilization of the rubber across the major end-user industries spur market growth.
  • Long-Term Growth Projection: Customization and upgradation of technology to spur the market's growth spectrum over the designated period from 2023 to 2033.

Over the 2018 to 2022 historical period, the Europe tire recycling machine market registered a CAGR of 2.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.7% CAGR between 2023 and 2033.

Market share analysis of tire recycling machines based on mechanism type and the country is provided in a nutshell in the above image. Under the mechanism type segment, the semi-automatic sub-segment is estimated to reach a market share of 67.0% in 2023.

“Growing Solid Waste, Rubber Demand, and Automotive Industry to Supplement Growth”

With the growing automobile industry across Europe and the influence of electric vehicles to fuel the demand for tires and also generate a high amount of waste tires. This, in turn, augments the sales of the tire recycling machine market. Further, the use of recycled carbon black comes from the processing of recycled tires.

The rubber is extracted from the tire and used for various purposes. On recycling a tire, the material obtained offers the same quality as virgin material at reduced pricing. Hence, the demand for recycled carbon black, recycled rubber, and others increased, owing to this the market is estimated to experience high demand over the forecast period across Europe.

“High Cost of Machinery and Installation Process Challenge the Growth Spectrum of the Market”

Regular maintenance is required for a tire recycling machine to operate effectively. Further, with the high cost associated with the manufacturing and installation process, owing to this, only a few market participants are active. This, in turn, strains the market growth.

Additionally, the machine has substantial initial and ongoing maintenance costs, which also restrains its ability to grow. The installation of recycling equipment requires a sizable initial investment and high ongoing costs, which restrain the market's expansion. It also requires a lot of maintenance and expertise, so a shortage of skilled workers could pose a problem for the market's expansion.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

Since, the year 1999, the European Commission banned the storage of tires at landfills. Thereby, resulting in the demand for tire recycling machines across Germany. This indicated that Germany is able to effectively recycle tire waste, which, in turn, creates immense growth opportunities for the market to grow and flourish in the country over the period.

Furthermore, Germany leads the automobile industry across Europe. Germany’s well-established infrastructure, skilled labor, economic framework, and support from the government and regional authorities bolster the market growth. The tire recycling machine market is estimated to grow at a CAGR of 3.7% during the forecast period and reach a valuation of 312.0 million US$ by the end of 2033.

Why is the France tire recycling machine market expected to be highly lucrative?

The efforts led by France government to reduce or recycle rubber waste bolster the demand for the market across France during the forecast period.

The globalization of society has led to an increase in tire demand, which is accompanied by a rise in the manufacture of used tires. Because they are not biodegradable and are frequently improperly stored and disposed of, waste tires are a global issue and a growing environmental risk. Uncontrolled burns and other environmental dangers are posed by this solid waste. Nearly a billion tires are thought to reach the end of their useful lives annually, and more than half of them are simply thrown.

In addition, continuous support from the European Commission flourishes the growth of the market at a CAGR of 3.9% during the designated period and it is estimated that the market will reach a valuation of 148.1 million US$ in 2023 to 216.1 million US$ by 2033.

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Category-wise Insights

Why shredder machine type has high demand in the tire recycling machine market?

Shredder machine type to gain high traction over the forecast period. Shredder values US$ 367.5 million in 2022 and is estimated to reach a valuation of US$ 504.2 million in 2033, with a growth rate of 2.8%

Rubber is widely utilized in everyday things and has a wide range of uses. Rubber is not biodegradable, therefore they linger in the soil, water, and other habitats for a very long period and pollute those areas.

Shredders are becoming a more profitable market in economically developed nations like Germany. Given that urbanization in Germany increases the volume of waste, which presents a difficulty for them, the government is establishing shredder facilities for effective waste management and recycling procedures.

Which is semi-automatic machine type segment gaining traction?

On the basis of machine type, it is anticipated that the semi-automatic machine will have enormous growth opportunities for the market during the forecast period due to growing demand from various industries. It is estimated that the market will grow at a CAGR of 3.3% during 2023 to 2033.

Furthermore, small businesses providing recycling facilities would benefit most from the semi-automatic recycling machine. Since it doesn’t require high technical skills, hydraulic fluids, lower cost production, and others increase the demand of the market in the upcoming years. When compared to automatic machines, the cost of production and maintenance is considerably lower.

Key Stratagems by Market Players

Eminent market players in the tire recycling machine market include Fornnax Technology Pvt Ltd., Eco Green Equipment, Yuxi Machinery Equipment(Zhengzhou) Co., Ltd, Shred-Tech, FOR REC S.P.A., SMS Hydrotech, Tire Shredder Unlimited, Fabtex Engineering Works, among others.

Market players are adopting various organic and inorganic strategies to meet the end-user’s requirements and enhance their market share to gain high-profit margins.

Customization and integration of technology to spur the growth outlook of the market and contribute to revenue growth. Further, long-term trade relations with the government and domestic plastic waste management plants assist manufacturers to remain competitive in the market.

Fact.MR has provided detailed information about the price points of key manufacturers of tire recycling machine positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

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Segmentation of Tire Recycling Machine Industry Research

  • By Machine Type :

    • Shredders
    • Extrusion
    • Grinder
    • Mixer
    • Sorting
    • Washing
    • Others
  • By Mechanism :

    • Automatic
    • Semi-Automatic
  • By Tire Type :

    • All-Season Tires
    • Summer Tires.
    • Winter Tires
    • Others
  • By Country :

    • Germany
    • UK
    • France
    • Spain
    • Italy
    • BENELUX
    • NORDICs
    • Portugal
    • Rest of Europe

Table of Content

  • 1. Market - Executive Summary
  • 2. Market Overview
  • 3. Market Background and Foundation Data
  • 4. Demand (Units) Analysis and Forecast
  • 5. Market - Pricing Analysis
  • 6. Market Value (US$ million) Analysis and Forecast
  • 7. Market Analysis and Forecast, By Machine Type
    • 7.1. Shredders
    • 7.2. Extrusion
    • 7.3. Grinder
    • 7.4. Mixer
    • 7.5. Sorting
    • 7.6. Washing
    • 7.7. Others
  • 8. Market Analysis and Forecast, By Tire Type
    • 8.1. All-season tires
    • 8.2. Summer tires
    • 8.3. Winter tires
    • 8.4. Others
  • 9. Market Analysis and Forecast, By Mechanism
    • 9.1. Automatic
    • 9.2. Semi-Automatic
  • 10. Market Analysis and Forecast, By Country
    • 10.1. Germany
    • 10.2. France
    • 10.3. UK
    • 10.4. BENELUX
    • 10.5. NORDIC
    • 10.6. Italy
    • 10.7. Spain
    • 10.8. Rest of Europe
  • 11. Germany Market Analysis and Forecast
  • 12. France Market Analysis and Forecast
  • 13. UK Market Analysis and Forecast
  • 14. BENELUX Market Analysis and Forecast
  • 15. NORDIC Market Analysis and Forecast
  • 16. Italy Market Analysis and Forecast
  • 17. Spain Market Analysis and Forecast
  • 18. Rest of Market Analysis and Forecast
  • 19. Market Structure Analysis
  • 20. Competition Analysis
    • 20.1. Fornnax Technology Pvt Ltd.
    • 20.2. Eco Green Equipment
    • 20.3. Yuxi Machinery Equipment(zhengzhou) Co.,Ltd
    • 20.4. Shred-Tech
    • 20.5. FOR REC S.P.A.
    • 20.6. SMS Hydrotech
    • 20.7. Tire Shredder Unlimited
    • 20.8. Fabtex Engineering Works
    • 20.9. Other Prominent Players
  • 21. Assumptions & Acronyms Used
  • 22. Research Methodology

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List Of Table

Table 1: Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 2: Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 3: Market Volume (Units) and Forecast by Country, 2018 to 2022

Table 4: Market Volume (Units) and Forecast by Country, 2023 to 2033

Table 5: Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 6: Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 7: Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 8: Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 9: Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 10: Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 11: Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 12: Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 13: Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 14: Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 15: Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 16: Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 17: Germany Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 18: Germany Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 19: Germany Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 20: Germany Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 21: Germany Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 22: Germany Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 23: Germany Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 24: Germany Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 25: Germany Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 26: Germany Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 27: Germany Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 28: Germany Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 29: France Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 30: France Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 31: France Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 32: France Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 33: France Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 34: France Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 35: France Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 36: France Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 37: France Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 38: France Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 39: France Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 40: France Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 41: UK Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 42: UK Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 43: UK Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 44: UK Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 45: UK Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 46: UK Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 47: UK Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 48: UK Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 49: UK Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 50: UK Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 51: UK Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 52: UK Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 53: BENELUX Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 54: BENELUX Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 55: BENELUX Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 56: BENELUX Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 57: BENELUX Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 58: BENELUX Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 59: BENELUX Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 60: BENELUX Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 61: BENELUX Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 62: BENELUX Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 63: BENELUX Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 64: BENELUX Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 65: NORDIC Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 66: NORDIC Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 67: NORDIC Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 68: NORDIC Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 69: NORDIC Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 70: NORDIC Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 71: NORDIC Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 72: NORDIC Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 73: NORDIC Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 74: NORDIC Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 75: NORDIC Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 76: NORDIC Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 77: Italy Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 78: Italy Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 79: Italy Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 80: Italy Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 81: Italy Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 82: Italy Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 83: Italy Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 84: Italy Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 85: Italy Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 86: Italy Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 87: Italy Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 88: Italy Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 89: Spain Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 90: Spain Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 91: Spain Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 92: Spain Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 93: Spain Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 94: Spain Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 95: Spain Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 96: Spain Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 97: Spain Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 98: Spain Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 99: Spain Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 100: Spain Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

Table 101: Rest of Market Value (US$ million) and Forecast By Machine Type, 2018 to 2022

Table 102: Rest of Market Value (US$ million) and Forecast By Machine Type, 2023 to 2033

Table 103: Rest of Market Volume (Units) and Forecast By Machine Type, 2018 to 2022

Table 104: Rest of Market Volume (Units) and Forecast By Machine Type, 2023 to 2033

Table 105: Rest of Market Value (US$ million) and Forecast By Tire Type, 2018 to 2022

Table 106: Rest of Market Value (US$ million) and Forecast By Tire Type, 2023 to 2033

Table 107: Rest of Market Volume (Units) and Forecast By Tire Type, 2018 to 2022

Table 108: Rest of Market Volume (Units) and Forecast By Tire Type, 2023 to 2033

Table 109: Rest of Market Value (US$ million) and Forecast By Mechanism, 2018 to 2022

Table 110: Rest of Market Value (US$ million) and Forecast By Mechanism, 2023 to 2033

Table 111: Rest of Market Volume (Units) and Forecast By Mechanism, 2018 to 2022

Table 112: Rest of Market Volume (Units) and Forecast By Mechanism, 2023 to 2033

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List Of Figures

Figure 1: Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 2: Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 3: Market Value (US$ million) and Volume (Units) by Country, 2023 to 2033

Figure 4: Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 5: Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 6: Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 7: Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 8: Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 9: Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 10: Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 11: Germany Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 12: Germany Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 13: Germany Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 14: Germany Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 15: Germany Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 16: Germany Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 17: Germany Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 18: Germany Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 19: Germany Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 20: Germany Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 21: Germany Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 22: France Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 23: France Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 24: France Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 25: France Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 26: France Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 27: France Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 28: France Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 29: France Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 30: France Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 31: France Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 32: France Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 33: UK Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 34: UK Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 35: UK Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 36: UK Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 37: UK Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 38: UK Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 39: UK Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 40: UK Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 41: UK Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 42: UK Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 43: UK Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 44: UK Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 45: BENELUX Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 46: BENELUX Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 47: BENELUX Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 48: BENELUX Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 49: BENELUX Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 50: BENELUX Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 51: BENELUX Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 52: BENELUX Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 53: BENELUX Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 54: BENELUX Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 55: BENELUX Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 56: BENELUX Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 57: NORDIC Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 58: NORDIC Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 59: NORDIC Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 60: NORDIC Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 61: NORDIC Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 62: NORDIC Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 63: NORDIC Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 64: NORDIC Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 65: NORDIC Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 66: NORDIC Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 67: NORDIC Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 68: NORDIC Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 69: Italy Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 70: Italy Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 71: Italy Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 72: Italy Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 73: Italy Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 74: Italy Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 75: Italy Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 76: Italy Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 77: Italy Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 78: Italy Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 79: Italy Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 80: Spain Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 81: Spain Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 82: Spain Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 83: Spain Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 84: Spain Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 85: Spain Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 86: Spain Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 87: Spain Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 88: Spain Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 89: Spain Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 90: Spain Market Attractiveness Analysis By Mechanism, 2023 to 2033

Figure 91: Rest of Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033

Figure 92: Rest of Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 93: Rest of Market Value (US$ million) and Volume (Units) By Machine Type, 2023 to 2033

Figure 94: Rest of Market Y-o-Y Growth Rate By Machine Type, 2023 to 2033

Figure 95: Rest of Market Value (US$ million) and Volume (Units) By Tire Type, 2023 to 2033

Figure 96: Rest of Market Y-o-Y Growth Rate By Tire Type, 2023 to 2033

Figure 97: Rest of Market Value (US$ million) and Volume (Units) By Mechanism, 2023 to 2033

Figure 98: Rest of Market Y-o-Y Growth Rate By Mechanism, 2023 to 2033

Figure 99: Rest of Market Attractiveness Analysis By Machine Type, 2023 to 2033

Figure 100: Rest of Market Attractiveness Analysis By Tire Type, 2023 to 2033

Figure 101: Rest of Market Attractiveness Analysis By Mechanism, 2023 to 2033

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- FAQs -

What is the Europe tire recycling machine market size?

The Europe tire recycling machine market is valued at US$ 854.6 million in 2022.

How did the market perform over the last few years?

During 2018 to 2022, sales of tire recycling machines increased at 2.3% CAGR.

How is the market for tire recycling machines expected to fare going forward?

The demand for tire recycling machines is anticipated to reach US$ 1200.4 million by 2033-end.

Which country leads the tire recycling machine market in 2023?

Germany tops the Europe tire recycling machine market accounting for 25.0% market share in 2023.

Which country has the highest growth in terms of CAGR?

France accounts for the highest CAGR of 3.9% over the forecast period from 2023 to 2033.

Europe Tire Recycling Machine Market

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