Crumb Rubber Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2019 - 2027
Crumb Rubber Market: Overview
Crumb rubber is made by reducing scrap tires into small, uniform granules. Inherent
reinforcing materials of scrap tires, such as steel and fiber, are removed along with other
types of inert contaminants such as dust, glass, and rock. Crumb rubber is used in various
applications in rubber flooring, removable speed bumps, and athletic surfaces including
playgrounds, sports courts, and athletic turfs.
Crumb rubber adds characteristics that improve the properties of finished products. It
also helps lower costs by replacing more expensive virgin compounds.
Key Drivers of Crumb Rubber Market
Besides creating market awareness and establishing demand and distribution networks,
the crumb rubber industry needs to maintain a high quality of products in order to expand
Demand for more number of walking trails is anticipated to create lucrative opportunities
for the global crumb rubber market. Sport and landscape surfacing are estimated to
expand rapidly, while playground surfacing is a viable alternative for recycled used tires.
Increase in demand for underlayment for walking trails and pavements that act as
cushioning layer over concrete foundations of homes and paving material for home patios
is expected to drive the global crumb rubber market in the near future
Lack of Consumer Awareness to Hamper Market
Prices of crumb rubber are projected to decline during the forecast period owing to the
lack of penetrative marketing, dearth of consumer awareness, and poor distribution
networks. This is anticipated to hamper the global crumb rubber market in the near future.
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Key Segments of Crumb Rubber Market
The floor mats application segment is expected to expand at the rapid pace during the
forecast period. Floor mats consume be