Key Findings
The North America end-of-life tire (ELT) management market is projected to grow with a CAGR of 4.73% during the estimated period of 2023 to 2032. Factors such as the high per capita vehicle ownership, the robust expansion of the end-of-life tire production as well as the recycling industry, and the increasing prevalence of stewardship programs in North America are set to facilitate the market growth of the region.

Market Insights
The North America end-of-life tire (ELT) management market growth evaluation comprises a detailed assessment of Canada and the United States. Canada is the second-largest end-of-life tire manufacturer in North America. As per the latest data issued by the Canadian Association of Tire Recycling Agencies, approximately 950,000 metric tons of scrap tires are generated in the country annually. Additionally, the rate of end-of-life tires generated is increasing by 3% in Canada every year.
Although the demand for end markets has been increasing in the nation, the growth has not been rapid. The performance of provinces with regard to scrap tire elimination has been mixed. While smaller provinces such as Nova Scotia and Manitoba have virtually eliminated their stockpiles, larger provinces like Ontario and Quebec still have significant stockpiles. Aligning with this, Manitoba has recycled over 1.5 million passenger tire equivalents during the last ten years. Hence, these factors are set to influence the end-of-life tire (ELT) management market growth in North America during the forecast period.

Competitive Insights
Some of the top players operating in the market include Klean Industries Inc, Lehigh Technologies Inc, Genan A/S, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments