Product Code: ETC096222 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The South Korea Reclaimed Rubber Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 5.64% in 2025, growth builds up to 6.88% by 2029.
The reclaimed rubber market in South Korea focuses on the recycling of rubber products to produce new materials. This market is driven by environmental concerns and the need for sustainable manufacturing practices.
Environmental concerns and sustainability efforts are key drivers of the South Korea Reclaimed Rubber Market. As industries seek to reduce their carbon footprint and minimize waste, the demand for reclaimed rubber, made from recycled tires and other rubber products, continues to rise. Additionally, government regulations promoting eco-friendly practices further propel the growth of this market.
The reclaimed rubber market in South Korea encounters obstacles related to the quality and consistency of recycled rubber products. While there is a growing demand for sustainable and eco-friendly materials, manufacturers face challenges in sourcing high-quality reclaimed rubber that meets industry standards and specifications. Additionally, competition from low-cost virgin rubber poses a challenge to the market`s growth, necessitating strategies to differentiate and promote the benefits of reclaimed rubber in various applications.
The government of South Korea implements policies to promote sustainability and environmental conservation in the reclaimed rubber market. Regulations regarding waste management and recycling encourage industries to adopt eco-friendly practices. Incentives and subsidies may be provided to businesses that invest in technologies for efficient rubber recycling.
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 South Korea Reclaimed Rubber Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Reclaimed Rubber Market Revenues & Volume, 2020 & 2027F |
3.3 South Korea Reclaimed Rubber Market - Industry Life Cycle |
3.4 South Korea Reclaimed Rubber Market - Porter's Five Forces |
3.5 South Korea Reclaimed Rubber Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 South Korea Reclaimed Rubber Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 South Korea Reclaimed Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about environmental sustainability and the benefits of using reclaimed rubber |
4.2.2 Increasing demand for eco-friendly products and materials in various industries |
4.2.3 Government initiatives promoting the use of recycled materials in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of reclaimed rubber |
4.3.2 Limited availability of high-quality scrap rubber for recycling |
4.3.3 Competition from low-cost synthetic rubber alternatives |
5 South Korea Reclaimed Rubber Market Trends |
6 South Korea Reclaimed Rubber Market, By Types |
6.1 South Korea Reclaimed Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 South Korea Reclaimed Rubber Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 South Korea Reclaimed Rubber Market Revenues & Volume, By Whole Tire Reclaim (WTR), 2018 - 2027F |
6.1.4 South Korea Reclaimed Rubber Market Revenues & Volume, By Butyl Reclaim, 2018 - 2027F |
6.1.5 South Korea Reclaimed Rubber Market Revenues & Volume, By EPDM, 2018 - 2027F |
6.1.6 South Korea Reclaimed Rubber Market Revenues & Volume, By Drab & Colored, 2018 - 2027F |
6.1.7 South Korea Reclaimed Rubber Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 South Korea Reclaimed Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Reclaimed Rubber Market Revenues & Volume, By Automotive & Aircraft Tires, 2018 - 2027F |
6.2.3 South Korea Reclaimed Rubber Market Revenues & Volume, By Cycle Tires, 2018 - 2027F |
6.2.4 South Korea Reclaimed Rubber Market Revenues & Volume, By Retreading, 2018 - 2027F |
6.2.5 South Korea Reclaimed Rubber Market Revenues & Volume, By Belts & Hoses, 2018 - 2027F |
6.2.6 South Korea Reclaimed Rubber Market Revenues & Volume, By Footwear, 2018 - 2027F |
6.2.7 South Korea Reclaimed Rubber Market Revenues & Volume, By Molded Goods, 2018 - 2027F |
7 South Korea Reclaimed Rubber Market Import-Export Trade Statistics |
7.1 South Korea Reclaimed Rubber Market Export to Major Countries |
7.2 South Korea Reclaimed Rubber Market Imports from Major Countries |
8 South Korea Reclaimed Rubber Market Key Performance Indicators |
8.1 Percentage of companies adopting sustainable practices in their supply chain |
8.2 Number of government policies supporting the use of recycled materials |
8.3 Amount of scrap rubber collected for recycling purposes |
9 South Korea Reclaimed Rubber Market - Opportunity Assessment |
9.1 South Korea Reclaimed Rubber Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 South Korea Reclaimed Rubber Market Opportunity Assessment, By Application, 2020 & 2027F |
10 South Korea Reclaimed Rubber Market - Competitive Landscape |
10.1 South Korea Reclaimed Rubber Market Revenue Share, By Companies, 2020 |
10.2 South Korea Reclaimed Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |