Product Code: ETC096255 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Ghana Reclaimed Rubber Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 10.75% in 2025 and reaches 12.13% by 2029.
In the Africa region, the Reclaimed Rubber market in Ghana is projected to expand at a growing growth rate of 9.56% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
The reclaimed rubber market in Ghana offers recycled rubber materials derived from scrap tires and other rubber products for use in manufacturing tires, automotive parts, rubber mats, and other industrial and consumer goods.
The rising concerns about environmental sustainability, the increasing emphasis on waste recycling, and the adoption of reclaimed rubber as a cost-effective and eco-friendly alternative to virgin rubber are driving the growth of Ghana reclaimed rubber market. Reclaimed rubber, derived from recycled rubber products such as tires, offers properties such as elasticity, resilience, and durability, supporting its use in automotive, construction, and industrial applications, thus stimulating market growth.
Challenges in the Ghana Reclaimed Rubber Market may include variability in reclaimed rubber quality and properties, limited availability of feedstock for rubber recycling, and competition from virgin rubber products in certain applications.
In recognition of the environmental and economic benefits of recycled rubber materials, the government of Ghana has implemented policies to regulate and support the reclaimed rubber market. These policies aim to promote sustainable waste management practices, reduce reliance on virgin rubber production, and create opportunities for small-scale entrepreneurs in the recycling sector. The government works in partnership with recycling industry associations to establish standards for reclaimed rubber processing, quality control, and product certification, and provides support for technology adoption and capacity building initiatives. Additionally, the government offers incentives such as tax breaks and subsidies to encourage investment in rubber recycling facilities and promotes public awareness campaigns to encourage the use of recycled rubber products. By fostering a regulatory environment that encourages innovation and investment in rubber recycling, the government seeks to promote environmental sustainability, create employment opportunities, and support the growth of a circular economy in Ghana.
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 Ghana Reclaimed Rubber Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Reclaimed Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Reclaimed Rubber Market - Industry Life Cycle |
3.4 Ghana Reclaimed Rubber Market - Porter's Five Forces |
3.5 Ghana Reclaimed Rubber Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Ghana Reclaimed Rubber Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Ghana Reclaimed Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Reclaimed Rubber Market Trends |
6 Ghana Reclaimed Rubber Market, By Types |
6.1 Ghana Reclaimed Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Ghana Reclaimed Rubber Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Ghana Reclaimed Rubber Market Revenues & Volume, By Whole Tire Reclaim (WTR), 2021-2031F |
6.1.4 Ghana Reclaimed Rubber Market Revenues & Volume, By Butyl Reclaim, 2021-2031F |
6.1.5 Ghana Reclaimed Rubber Market Revenues & Volume, By EPDM, 2021-2031F |
6.1.6 Ghana Reclaimed Rubber Market Revenues & Volume, By Drab & Colored, 2021-2031F |
6.1.7 Ghana Reclaimed Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ghana Reclaimed Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Reclaimed Rubber Market Revenues & Volume, By Automotive & Aircraft Tires, 2021-2031F |
6.2.3 Ghana Reclaimed Rubber Market Revenues & Volume, By Cycle Tires, 2021-2031F |
6.2.4 Ghana Reclaimed Rubber Market Revenues & Volume, By Retreading, 2021-2031F |
6.2.5 Ghana Reclaimed Rubber Market Revenues & Volume, By Belts & Hoses, 2021-2031F |
6.2.6 Ghana Reclaimed Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.7 Ghana Reclaimed Rubber Market Revenues & Volume, By Molded Goods, 2021-2031F |
7 Ghana Reclaimed Rubber Market Import-Export Trade Statistics |
7.1 Ghana Reclaimed Rubber Market Export to Major Countries |
7.2 Ghana Reclaimed Rubber Market Imports from Major Countries |
8 Ghana Reclaimed Rubber Market Key Performance Indicators |
9 Ghana Reclaimed Rubber Market - Opportunity Assessment |
9.1 Ghana Reclaimed Rubber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Ghana Reclaimed Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Reclaimed Rubber Market - Competitive Landscape |
10.1 Ghana Reclaimed Rubber Market Revenue Share, By Companies, 2024 |
10.2 Ghana Reclaimed Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |