The Argentina Tire Recycling Market was valued at $85.7 Million in 2024 and projected to reach to $93.6 Million by 2029, representing a compound annual growth rate of 1.8%. Argentina's tire recycling market is positioned for moderate but consistent expansion through 2029, driven by strengthening environmental regulations and corporate sustainability commitments.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Argentina's tire recycling market reached USD 85.7 million in 2024, with projections to expand to USD 93.6 million by 2029, representing steady growth in South America's waste management sector.
Increasing environmental regulations in Argentina are driving adoption of tire recycling practices, with government mandates pushing manufacturers and waste management companies toward sustainable disposal solutions.
The Argentine market expands at a CAGR of 1.8% through 2029, outpacing some regional peers but growing slower than the global average of 3.7%, indicating emerging but cautious market development.
Rising environmental consciousness among Argentine consumers and businesses is fueling demand for tire recycling services, creating opportunities for innovative waste-to-value solutions and circular economy initiatives.
| Report Metric | Details |
|---|---|
| Base Year | 2024 |
| Fastest Growing Segment | MECHANICAL SHREDDING (Process) |
| Forecast Period | 2024-2029 |
| Growth Rate | CAGR of 3.7% from 2024 to 2029 |
| Largest Segment | MECHANICAL SHREDDING (Process) |
| Market Size Base Year (Billions) | ~USD 6.08 (2024) |
| Revenue Forecast (Billions) | ~USD 7.29 (2029) |
| Segments Covered | Process, Product, End-Use Industry |
3 segment dimensions are covered across the global market.
| Segment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | CAGR (%) |
|---|---|---|---|---|---|---|---|
| AUTOMOTIVE | 17.3 | 17.6 | 17.9 | 18.3 | 18.6 | 19 | 1.9 |
| CONSTRUCTION | 24.4 | 24.8 | 25.3 | 25.8 | 26.3 | 26.9 | 2 |
| MANUFACTURING | 18.8 | 19.1 | 19.4 | 19.7 | 20.1 | 20.4 | 1.6 |
| OTHER END-USE INDUSTRIES | 8.9 | 9 | 9.2 | 9.3 | 9.4 | 9.6 | 1.3 |
| RUBBER & PLASTIC | 16.3 | 16.6 | 16.8 | 17.2 | 17.5 | 17.8 | 1.8 |
| TOTAL | 85.7 | 87.2 | 88.7 | 90.3 | 91.9 | 93.6 | 1.8 |
Argentina's tire recycling market was valued at USD 85.7 million in 2024 and is expected to reach USD 93.6 million by 2029.
Argentina's tire recycling market is growing at a CAGR of 1.8% from 2024 to 2029, indicating moderate and steady expansion.
Argentina's market growth is driven by stricter environmental regulations, increased awareness of circular economy practices, and rising demand for recycled tire products in construction and automotive sectors.
Argentina's tire recycling market faces challenges including competition from informal recycling operations, economic volatility, and limited infrastructure for large-scale tire collection and processing.
In Argentina, recycled tire products are primarily used in construction materials, automotive components, playground surfaces, and industrial applications, supporting steady market demand.
The study involved four major activities in estimating the market size of the tire recycling market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
In the secondary research process, various secondary sources have been referred to for identifying and collecting information for this study. These secondary sources include annual reports, press releases, investor presentations of companies, white papers, certified publications, trade directories, articles from recognized authors, the gold standard and silver standard websites, and databases.
Secondary research has been used to obtain key information about the value chain of the industry, the monetary chain of the market, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.
The tire recycling market comprises several stakeholders in the value chain, which include tire collection, sorting and processing, material recovery, distribution and logistics and end-user. Various primary sources from the supply and demand sides of the tire recycling market have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders in tire industries. The primary sources from the supply side include manufacturers, associations, and institutions involved in the tire recycling industry.
Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to product, process, type, end-use industries and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, were interviewed to understand the buyer’s perspective on the suppliers, products, fabricators, and their current usage of tire recycling and the outlook of their business, which will affect the overall market.
The breakdown of profiles of the primary interviewees is illustrated in the figure below:
Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022, available in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
To know about the assumptions considered for the study, download the pdf brochure
| COMPANY NAME | DESIGNATION | |
|---|---|---|
| Lehigh Technologies, Inc. | Tire recycling manufacturer | |
| ResourceCo | Tire recycling manufacturer | |
| GRP LTD. | Tire recycling manufacturer | |
| GENAN HOLDING A/S | Tire recycling manufacturer | |
| Liberty Tire Recycling | Tire recycling manufacturer | |
The top-down and bottom-up approaches have been used to estimate and validate the size of the tire recycling market.

After arriving at the total market size from the estimation process explained above, the overall market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated by using both the top-down and bottom-up approaches and primary interviews. Hence, for every data segment, there have been three sources—top-down approach, bottom-up approach, and expert interviews. The data was assumed correct when the values arrived from the three sources matched.
This market is the collection, processing, and reuse of waste tires into useful products or materials. This market fits the environmental dilemma in disposal waste tires by processing to useful materials in forms of crumb rubber, TDF, TDA, carbon black, and steel, applied generally in construction, automotive, manufacturing, and energy sectors. The key recycling processes include mechanical shredding, pyrolysis, ambient grinding, and devulcanization, which break down the tires into its components for different applications. Global growth in sustainability, coupled with rigid regulations by governments for safe and proper disposal of tires, is stimulating market growth. Growth in demand for eco-friendly products, especially in road construction like rubberized asphalt, sports surfaces and alternative fuels supports the growth of the tire recycling market. Advances and innovations in technological processes related to recycling processes have continually seen improvement in efficiency and broadened the scope of tire applications for recycling.
Full forecast, segment splits, and company analysis for all Tire Recycling Market.
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