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Reclaimed Rubber Market Report Scope & Overview:

The Reclaimed Rubber Market size was valued at USD 1.21 billion in 2022. It is estimated to hit USD 2.81 billion by 2030 and grow at a CAGR of 11.1% over the forecast period of 2023-2030.

The Reclaimed Rubber Market has witnessed substantial growth due to the increasing demand for eco-friendly products and the rising awareness about the adverse environmental impacts of rubber waste. The growth of the reclaimed rubber market is driven growing emphasis on sustainable practices and the need to reduce carbon footprint has propelled the demand for reclaimed rubber. Additionally, the rising costs of raw materials, such as natural rubber, have further boosted the market growth. Reclaimed rubber offers a cost-effective solution without compromising on quality, making it an attractive option for various industries.

Reclaimed Rubber Market Revenue Analysis

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Asia Pacific holds a significant share of the reclaimed rubber market, owing to the presence of major rubber-producing countries like India, China, and Thailand. The region's rapid industrialization and increasing demand for sustainable products have contributed to its dominance in the market. North America and Europe also exhibit substantial growth potential due to the stringent regulations regarding waste management and the adoption of eco-friendly practices.

The Automotive and aircraft Tires subsegment dominated the Reclaimed Rubber Market with a revenue share of more than 50% in 2022 due to the rapid expansion of the international logistics industry and the gradual relaxation of travel restrictions at both regional and national levels. In order to mitigate the substantial costs associated with purchasing new tires, many aviation companies have opted for contractual agreements with tire manufacturing companies. Consequently, retreading has emerged as a prevalent practice for aircraft tires, given their exorbitant price tags.

Market Dynamics

Drivers

  • Scarcity of Natural Rubber Resources for the Automotive Industry

  • Stringent government regulations promoting the use of reclaimed rubber

The lack of degradability in conventional virgin rubber has led to the emergence of a significant global concern: end-of-life tire recycling. To address this issue, various regions including the European Union, Asia Pacific, the Middle East, and North American countries have initiated programs to encourage tire recycling. The aim is to produce reclaimed rubber from tire waste, serving as a viable alternative to conventional rubber. One notable example is the California Tire Recycling Management Fund, which was established under the California Recycling Tire Act of 1989. This fund supports tire recycling initiatives and the utilization of recycled tire rubber products.

Restraint

  • Limited availability of raw materials for reclaimed rubber production

  • High initial investment required for setting up reclaimed rubber manufacturing units

  • Limitations on the importation of tire waste scrap

Opportunities

  • Rising adoption of reclaimed rubber in various industries, such as automotive, construction, and footwear

  • Potential for cost savings and reduced carbon footprint through the use of reclaimed rubber

Challenges

  • Competition from synthetic rubber manufacturers

  • Difficulty in maintaining consistent quality and supply of reclaimed rubber

  • Limited market penetration in developing regions due to low awareness and infrastructure constraints

Impact of Russia-Ukraine War:

The rubber industry has been severely impacted by the ongoing Russia-Ukraine war, resulting in disrupted raw material supplies and soaring prices. Russia plays a crucial role as one of the major suppliers to the global rubber industry, with its polybutadiene (BR) and isobutene-isoprene rubber (IIR) suppliers holding significant market shares. In 2021, Russian companies provided approximately 550,000 tons of carbon black and 240,000 tons of synthetic rubber to the European Union.

The Russia-Ukraine war has added further strain to an already struggling global economy, grappling with the effects of the pandemic, disrupted supply chains, volatile raw material prices, and global inflation. This impact has been particularly felt in the automotive, tire manufacturing, and rubber product sectors. Companies across the United States, the European Union, and the rest of the world have united to undermine the Russian economy in response to the invasion. Given that Russia is the world's third-largest oil producer and synthetic rubber heavily relies on crude oil as a key raw material, the prices of synthetic rubber have skyrocketed in tandem with crude oil prices. Carbon black, along with many other raw materials used in tire and rubber product manufacturing, has experienced surging demand, escalating prices, and constrained supply throughout the European Union, exacerbated by Russia's attack on Ukraine. Prior to the invasion, Russia, Ukraine, and Belarus accounted for approximately 54% of Europe's total carbon black capacity. However, due to war-ravaged transportation routes and import bans on raw materials from Russian companies, supplies from these three countries have been severely disrupted. As it stands, the supply of carbon black to the European Union has been almost entirely cut off from these sources.

Impact of Recession:

The recession caused the decline in overall economic activity have resulted in reduced demand for rubber-based products, affecting the demand for reclaimed rubber as well. This has led to a decrease in production and sales volumes, causing financial strain on manufacturers and suppliers. Furthermore, the recession has also affected the availability of raw materials for the production of reclaimed rubber. As industries scale back their operations, the supply of waste rubber materials has decreased, leading to a shortage in the market. This scarcity has further exacerbated the challenges faced by manufacturers, as they struggle to maintain their production levels.

Market Segmentation

By Product

  • Whole Tire Reclaim Rubber

  • EPDM Reclaimed Rubber

  • Butyl Reclaim Rubber

  • Others

By Application

  • Tire

  • Non-Tire

By End-use

  • Automotive & Aircraft Tires

  • Belts & Hose

  • Retreading

  • Molded Rubber Goods

  • Footwear

  • Others

Reclaimed Rubber Market Segmentation Analysis

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Regional Analysis

North America holds the largest share of the global reclaimed rubber market and is projected to experience a Compound Annual Growth Rate of 11.5% during the forecast period. This region is also the leading importer of rubber tires and a significant importer of rubber overall, driven by the high demand from the automotive, aviation, construction, and electrical sectors. North America’s automotive industry is particularly influenced by the rising popularity of electric vehicles and the establishment of manufacturing bases by global automobile manufacturers in Mexico. These factors are expected to boost the market for rubber tires and have a direct impact on the growth of the reclaimed rubber industry.

Furthermore, the global market is driven by the introduction of new products by various industry players. For example, in January 2020, the Goodyear Tire & Rubber Corporation, an American tire manufacturer, partnered with Rubber-Cal, a producer of rubber flooring and mats, to launch a new range of rubber flooring and mats. The ReUz rubber flooring rolls and tiles are made from used Goodyear tires, requiring less energy during production and offering the flexibility to be easily colored. As a result, these floors have appealing textures that are suitable for use in fitness facilities. With the increasing interest of consumers in physical fitness, the demand for rubber floor mats is predicted to rise, directly influencing the expansion of the reclaimed rubber market.

Europe is projected to experience a Compound Annual Growth Rate (CAGR) of 11.7% throughout the forecast period. The reclaimed rubber market in Europe is anticipated to witness significant growth due to various initiatives, including the BlackCycle project implemented in the region. The BlackCycle project, which commenced in May 2020 and is supported by the European Union's Horizon 2020 program, aims to establish and optimize a complete value chain for reclaimed rubber production. This involves transforming end-of-life tire waste into secondary raw materials (SRM) to manufacture a new range of tires for trucks and passenger vehicles. These tires will be made available for commercial sale in both European and international markets.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players

The major key players are Rolex Reclaim Pvt. Ltd., Fishfa Rubbers Ltd., GRP Ltd., J. Allcock & Sons Ltd., Swani Rubber Industries, HUXAR, Minar Reclamation Pvt. Ltd., SRI Impex Pvt. Ltd., Star Polymers Inc., SNR Reclamations Pvt. Ltd., High Tech Reclaim Pvt. Ltd., Balaji Rubber Industries (P) Ltd., Tianyu (Shandong) Rubber & Plastic Products Co. Ltd., Ecore International and other key players are mentioned in the final report.

Rolex Reclaim Pvt. Ltd-Company Financial Analysis

Recent Development:

  • In April 2023- Ecore International, the largest recycler of reclaimed tire rubber in North America, made a significant move by acquiring 360 Tire Recycling Group, a leading tire recycling management company. This strategic alliance not only solidifies Ecore's position in tire collection and buffings but also streamlines the procurement of raw materials for its innovative flooring and surfacing products.

  • In September 2022- Ecore International, a rubber recycling company headquartered in Lancaster, Pennsylvania, unveiled its ambitious plan to invest a staggering USD 25.5 million in establishing a manufacturing and recycling facility in Ozark, Alabama. This facility will be dedicated to producing top-quality flooring and surfacing products using reclaimed rubber sourced from used vehicle tires.

Reclaimed Rubber Market Report Scope
Report Attributes Details
Market Size in 2022  US$ 1.21 Bn
Market Size by 2030  US$ 2.81 Bn
CAGR   CAGR of 11.1%  From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Whole Tire Reclaim Rubber, EPDM Reclaimed Rubber, Butyl Reclaim Rubber, and Others)
• By Application (Tire and Non-Tire)
• By End-use (Automotive & Aircraft Tires, Belts & Hoses, Retreading, Molded Rubber Goods, Footwear, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Rolex Reclaim Pvt. Ltd., Fishfa Rubbers Ltd., GRP Ltd., J. Allcock & Sons Ltd., Swani Rubber Industries, HUXAR, Minar Reclamation Pvt. Ltd., SRI Impex Pvt. Ltd., Star Polymers Inc., SNR Reclamations Pvt. Ltd., High Tech Reclaim Pvt. Ltd., Balaji Rubber Industries (P) Ltd., Tianyu (Shandong) Rubber & Plastic Products Co. Ltd., Ecore International
Key Drivers • Scarcity of Natural Rubber Resources for the Automotive Sector
• Stringent government regulations promoting the use of reclaimed rubber
Market Restraints • Limited availability of raw materials for reclaimed rubber production
• High initial investment required for setting up reclaimed rubber manufacturing units
• Limitations on the importation of tire waste scrap

 

Frequently Asked Questions

Ans: The Reclaimed Rubber Market was valued at USD 1.21 billion in 2022.

Ans: The expected CAGR of the global Reclaimed Rubber Market during the forecast period is 11.1%.

Ans: The whole tire reclaim rubber segment dominated the Reclaimed Rubber Market with the highest revenue share in 2022.

Ans: Asia-Pacific is expected to grow with a CAGR of about 11.8% during the forecast period of 2023-2030.

Ans: Yes, you can buy reports in bulk quantity as per your requirements. Check Here for more details.

Table of Contents


1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges


4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World


5. Value Chain Analysis


6. Porter’s 5 forces model


7. PEST Analysis


8. Reclaimed Rubber Market Segmentation, By Product
8.1 Whole Tire Reclaim Rubber
8.2 EPDM Reclaimed Rubber
8.3 Butyl Reclaim Rubber
8.4 Others


9. Reclaimed Rubber Market Segmentation, By Application
9.1 Tire
9.2 Non-Tire


10. Reclaimed Rubber Market Segmentation, By End-use
10.1 Automotive & Aircraft Tires
10.2 Belts & Hose
10.3 Retreading
10.4 Molded Rubber Goods
10.5 Footwear
10.6 Others


11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Reclaimed Rubber Market by Country
11.2.2North America Reclaimed Rubber Market by Product
11.2.3 North America Reclaimed Rubber Market by Application
11.2.4 North America Reclaimed Rubber Market by End-use
11.2.5 USA
11.2.5.1 USA Reclaimed Rubber Market by Product
11.2.5.2 USA Reclaimed Rubber Market by Application
11.2.5.3 USA Reclaimed Rubber Market by End-use
11.2.6 Canada
11.2.6.1 Canada Reclaimed Rubber Market by Product
11.2.6.2 Canada Reclaimed Rubber Market by Application
11.2.6.3 Canada Reclaimed Rubber Market by End-use
11.2.7 Mexico
11.2.7.1 Mexico Reclaimed Rubber Market by Product
11.2.7.2 Mexico Reclaimed Rubber Market by Application
11.2.7.3 Mexico Reclaimed Rubber Market by End-use
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Reclaimed Rubber Market by country
11.3.1.2 Eastern Europe Reclaimed Rubber Market by Product
11.3.1.3 Eastern Europe Reclaimed Rubber Market by Application
11.3.1.4 Eastern Europe Reclaimed Rubber Market by End-use
11.3.1.5 Poland
11.3.1.5.1 Poland Reclaimed Rubber Market by Product
11.3.1.5.2 Poland Reclaimed Rubber Market by Application
11.3.1.5.3 Poland Reclaimed Rubber Market by End-use
11.3.1.6 Romania
11.3.1.6.1 Romania Reclaimed Rubber Market by Product
11.3.1.6.2 Romania Reclaimed Rubber Market by Application
11.3.1.6.4 Romania Reclaimed Rubber Market by End-use
11.3.1.7 Turkey
11.3.1.7.1 Turkey Reclaimed Rubber Market by Product
11.3.1.7.2 Turkey Reclaimed Rubber Market by Application
11.3.1.7.3 Turkey Reclaimed Rubber Market by End-use
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Reclaimed Rubber Market by Product
11.3.1.8.2 Rest of Eastern Europe Reclaimed Rubber Market by Application
11.3.1.8.3 Rest of Eastern Europe Reclaimed Rubber Market by End-use
11.3.2 Western Europe
11.3.2.1 Western Europe Reclaimed Rubber Market by Product
11.3.2.2 Western Europe Reclaimed Rubber Market by Application
11.3.2.3 Western Europe Reclaimed Rubber Market by End-use
11.3.2.4 Germany
11.3.2.4.1 Germany Reclaimed Rubber Market by Product
11.3.2.4.2 Germany Reclaimed Rubber Market by Application
11.3.2.4.3 Germany Reclaimed Rubber Market by End-use
11.3.2.5 France
11.3.2.5.1 France Reclaimed Rubber Market by Product
11.3.2.5.2 France Reclaimed Rubber Market by Application
11.3.2.5.3 France Reclaimed Rubber Market by End-use
11.3.2.6 UK
11.3.2.6.1 UK Reclaimed Rubber Market by Product
11.3.2.6.2 UK Reclaimed Rubber Market by Application
11.3.2.6.3 UK Reclaimed Rubber Market by End-use
11.3.2.7 Italy
11.3.2.7.1 Italy Reclaimed Rubber Market by Product
11.3.2.7.2 Italy Reclaimed Rubber Market by Application
11.3.2.7.3 Italy Reclaimed Rubber Market by End-use
11.3.2.8 Spain
11.3.2.8.1 Spain Reclaimed Rubber Market by Product
11.3.2.8.2 Spain Reclaimed Rubber Market by Application
11.3.2.8.3 Spain Reclaimed Rubber Market by End-use
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Reclaimed Rubber Market by Product
11.3.2.9.2 Netherlands Reclaimed Rubber Market by Application
11.3.2.9.3 Netherlands Reclaimed Rubber Market by End-use
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Reclaimed Rubber Market by Product
11.3.2.10.2 Switzerland Reclaimed Rubber Market by Application
11.3.2.10.3 Switzerland Reclaimed Rubber Market by End-use
11.3.2.11.1 Austria
11.3.2.11.2 Austria Reclaimed Rubber Market by Product
11.3.2.11.3 Austria Reclaimed Rubber Market by Application
11.3.2.11.4 Austria Reclaimed Rubber Market by End-use
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Reclaimed Rubber Market by Product
11.3.2.12.2 Rest of Western Europe Reclaimed Rubber Market by Application
11.3.2.12.3 Rest of Western Europe Reclaimed Rubber Market by End-use
11.4 Asia-Pacific
11.4.1 Asia-Pacific Reclaimed Rubber Market by country
11.4.2 Asia-Pacific Reclaimed Rubber Market by Product
11.4.3 Asia-Pacific Reclaimed Rubber Market by Application
11.4.4 Asia-Pacific Reclaimed Rubber Market by End-use
11.4.5 China
11.4.5.1 China Reclaimed Rubber Market by Product
11.4.5.2 China Reclaimed Rubber Market by End-use
11.4.5.3 China Reclaimed Rubber Market by Application
11.4.6 India
11.4.6.1 India Reclaimed Rubber Market by Product
11.4.6.2 India Reclaimed Rubber Market by Application
11.4.6.3 India Reclaimed Rubber Market by End-use
11.4.7 Japan
11.4.7.1 Japan Reclaimed Rubber Market by Product
11.4.7.2 Japan Reclaimed Rubber Market by Application
11.4.7.3 Japan Reclaimed Rubber Market by End-use
11.4.8 South Korea
11.4.8.1 South Korea Reclaimed Rubber Market by Product
11.4.8.2 South Korea Reclaimed Rubber Market by Application
11.4.8.3 South Korea Reclaimed Rubber Market by End-use
11.4.9 Vietnam
11.4.9.1 Vietnam Reclaimed Rubber Market by Product
11.4.9.2 Vietnam Reclaimed Rubber Market by Application
11.4.9.3 Vietnam Reclaimed Rubber Market by End-use
11.4.10 Singapore
11.4.10.1 Singapore Reclaimed Rubber Market by Product
11.4.10.2 Singapore Reclaimed Rubber Market by Application
11.4.10.3 Singapore Reclaimed Rubber Market by End-use
11.4.11 Australia
11.4.11.1 Australia Reclaimed Rubber Market by Product
11.4.11.2 Australia Reclaimed Rubber Market by Application
11.4.11.3 Australia Reclaimed Rubber Market by End-use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Reclaimed Rubber Market by Product
11.4.12.2 Rest of Asia-Pacific Reclaimed Rubber Market by Application
11.4.12.3 Rest of Asia-Pacific Reclaimed Rubber Market by End-use
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Reclaimed Rubber Market by Country
11.5.1.2 Middle East Reclaimed Rubber Market by Product
11.5.1.3 Middle East Reclaimed Rubber Market by Application
11.5.1.4 Middle East Reclaimed Rubber Market by End-use
11.5.1.5 UAE
11.5.1.5.1 UAE Reclaimed Rubber Market by Product
11.5.1.5.2 UAE Reclaimed Rubber Market by Application
11.5.1.5.3 UAE Reclaimed Rubber Market by End-use
11.5.1.6 Egypt
11.5.1.6.1 Egypt Reclaimed Rubber Market by Product
11.5.1.6.2 Egypt Reclaimed Rubber Market by Application
11.5.1.6.3 Egypt Reclaimed Rubber Market by End-use
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Reclaimed Rubber Market by Product
11.5.1.7.2 Saudi Arabia Reclaimed Rubber Market by Application
11.5.1.7.3 Saudi Arabia Reclaimed Rubber Market by End-use
11.5.1.8 Qatar
11.5.1.8.1 Qatar Reclaimed Rubber Market by Product
11.5.1.8.2 Qatar Reclaimed Rubber Market by Application
11.5.1.8.3 Qatar Reclaimed Rubber Market by End-use
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Reclaimed Rubber Market by Product
11.5.1.9.2 Rest of Middle East Reclaimed Rubber Market by Application
11.5.1.9.3 Rest of Middle East Reclaimed Rubber Market by End-use
11.5.2 Africa
11.5.2.1 Africa Reclaimed Rubber Market by Country
11.5.2.2 Africa Reclaimed Rubber Market by Product
11.5.2.3 Africa Reclaimed Rubber Market by Application
11.5.2.4 Africa Reclaimed Rubber Market by End-use
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Reclaimed Rubber Market by Product
11.5.2.5.2 Nigeria Reclaimed Rubber Market by Application
11.5.2.5.3 Nigeria Reclaimed Rubber Market by End-use
11.5.2.6 South Africa
11.5.2.6.1 South Africa Reclaimed Rubber Market by Product
11.5.2.6.2 South Africa Reclaimed Rubber Market by Application
11.5.2.6.3 South Africa Reclaimed Rubber Market by End-use
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Reclaimed Rubber Market by Product
11.5.2.7.2 Rest of Africa Reclaimed Rubber Market by Application
11.5.2.7.3 Rest of Africa Reclaimed Rubber Market by End-use
11.6 Latin America
11.6.1 Latin America Reclaimed Rubber Market by country
11.6.2 Latin America Reclaimed Rubber Market by Product
11.6.3 Latin America Reclaimed Rubber Market by Application
11.6.4 Latin America Reclaimed Rubber Market by End-use
11.6.5 Brazil
11.6.5.1 Brazil Reclaimed Rubber Market by Product
11.6.5.2 Brazil Reclaimed Rubber Market by Application
11.6.5.3 Brazil Reclaimed Rubber Market by End-use
11.6.6 Argentina
11.6.6.1 Argentina Reclaimed Rubber Market by Product
11.6.6.2 Argentina Reclaimed Rubber Market by Application
11.6.6.3 Argentina Reclaimed Rubber Market by End-use
11.6.7 Colombia
11.6.7.1 Colombia Reclaimed Rubber Market by Product
11.6.7.2 Colombia Reclaimed Rubber Market by Application
11.6.7.3 Colombia Reclaimed Rubber Market by End-use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Reclaimed Rubber Market by Product
11.6.8.2 Rest of Latin America Reclaimed Rubber Market by Application
11.6.8.3    Rest of Latin America Reclaimed Rubber Market by End-use


12. Company profile
12.1 Rolex Reclaim Pvt. Ltd.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Fishfa Rubbers Ltd.
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 GRP Ltd.
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 J. Allcock & Sons Ltd.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Swani Rubber Industries
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 HUXAR
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Minar Reclamation Pvt. Ltd.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 SRI Impex Pvt. Ltd.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Star Polymers Inc.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 SNR Reclamations Pvt. Ltd.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 High Tech Reclaim Pvt. Ltd.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Products/ Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Balaji Rubber Industries (P) Ltd.
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Products/ Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
12.13 Tianyu (Shandong) Rubber & Plastic Products Co. Ltd.
12.13.1 Company Overview
12.13.2 Financials
12.13.3 Products/ Services Offered
12.13.4 SWOT Analysis
12.13.5 The SNS View
12.14 Ecore International
12.14.1 Company Overview
12.14.2 Financials
12.14.3 Products/ Services Offered
12.14.4 SWOT Analysis
12.14.5 The SNS View


13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions


14. Use Case and Best Practices


15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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