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Scrap tyres are those tyres that are no longer usable due to wear, damage or defects. They are usually made of various materials like steel, rubber, fabric, etc. If you think that these are just waste, then you are certainly mistaken! Scrap tyres are valuable resources that are repurposed for a range of applications, including the production of energy, construction & infrastructure materials and other rubber products. As the world's focus shifts towards sustainability, tyre scrap has become a valuable trade commodity across industries and regions. With the rising demand for recycling and reprocessing, tyre scrap buyers are actively looking for reliable suppliers to source old tyre scrap at a competitive market price. This offers a wealth of opportunities for export businesses involving collecting, processing and exporting waste tyres for reuse or recycling.
The demand for tyre scrap is increasing worldwide, especially among rubber recycling plants producing crumb rubber and rubber powder; construction firms using shredded tyres in road and infrastructure projects; and cement industries using tyre-derived fuel as an alternative energy source. In addition, manufacturers of moulded rubber products and insulation materials, as well as pyrolysis units converting used tyres into fuel oil, steel, and carbon black, also import tyre scrap. But What are the reasons behind this ever-growing demand for this commodity? Why do importers look to source scrap tyres in bulk? Here are the answers to these questions and some key factors contributing to the growing demand for tyre scrap.
As industrial applications of recycled rubber diversity and sustainability become a priority, the global trade in scrap tyres offers great prospects for tyre scrap exporters with access to consistent supply. However, it is critical for suppliers to stay updated with the current tyre scrap rate, compliance and buyer expectations to succeed in this evolving sector. Furthermore, here are a few global market trends and data that can help you capture more opportunities.
Top Tyre Scrap Importing Countries
Source: Volza
Additional Tyre Scrap Market Trends & Insights:
Apart from the top importing nations, here are some additional market insights you should be aware of.
(Source: RecycleInMe)
Suppliers often engage in other scrap categories to expand their product portfolio and better meet the overall demand of tyre scrap importers. This multi-category overlap can help scale operations by catering to diverse market needs. Here are related product categories you can explore and source to grow your tyre scrap business in the export sector.
Additionally, you should keep in mind that the growing interest in tyre retreading tools & materials also provides parallel opportunities for suppliers who deal in used or semi-worn tyres.
Here are a few effective ways to connect with tyre scrap importers and buyers:
1.How much are scrap tyres worth?
The scrap tyre industry is worth a lot, especially if it is collected and converted into tyre pyrolysis oil. Also, the value of scrap tyres depends on type, condition, and region. For example, the scrap tyre price in China is around $44 per ton. In India, the scrap tyre price per ton is about Rs 4,000. Besides, shredded tyres are worth even more.
2. Where to sell scrap types?
You can sell scrap tyres through B2B platforms (such as go4WorldBusiness, local recyclers, tyre retreading units, and scrap dealers or pyrolysis plants).
3. What is non-ferrous tyres scrap?
Non-ferrous scrap refers to tyre waste that does not contain a significant amount of ferrous metals (such as iron and steel. These tyre scraps are usually made of materials like rubber, fabric, and other non-ferrous metals.
4.How to find genuine & reliable scrap tyre buyers worldwide?
You can find genuine & reliable scrap tyre buyers worldwide through the following ways:
5. Which countries are the largest importer of scrap tyre?
India, Pakistan, and Malaysia are the largest importers of scrap tyres.
6. What is the HSN code for scrap tyre?
40040000 is the scrap tyre HSN code.
7. How old can a tyre be to sell?
It should be no more than 5 years when sold as new, with a 10-year limit on their overall lifespan.
Click here to know more about tyre scrap Q&A.
