Colombia Tire Recycling Market Forecasted to Reach USD 154.12 Million by 2034 with 5.3% CAGR

BySheetal Gajbhiye

Colombia Tire Recycling Market Analysis: Opportunities, Innovations, and Growth Potential Through 2034

Colombia Tire Recycling Market size and share is currently valued at USD 91.62 million in 2024 and is anticipated to generate an estimated revenue of USD 154.12 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034

Market Definition:

The Colombia Tire Recycling Market deals with the recovery and processing of end-of-life tires (ELTs) into reusable materials such as rubber crumb, steel, and textile fibers. With rising environmental concerns and waste management challenges, Colombia is actively developing infrastructure and regulations to manage tire waste sustainably. Recycled tire products are used in road construction, playground surfaces, molded goods, and energy generation. The market aligns with the country’s sustainability goals, circular economy initiatives, and efforts to reduce illegal tire dumping and pollution.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.polarismarketresearch.com/industry-analysis/colombia-tire-recycling-market/request-for-sample 

Key Report Highlights :

  • The report highlights the key region that accounts for the highest revenue share in the global Colombia Tire Recycling Market.
  • It identifies the leading country within this region that makes a significant contribution to the market’s overall performance.
  • The report outlines the dominant segment that holds a major share of the market.
  • It also emphasizes the fastest-growing segment projected to gain strong traction during the forecast period.
  • Qualitative and quantitative market analysis have been used to provide an in-depth understanding of the market.

Market Overview: Key Figures at a Glance:

Report Attributes

Details

Market Size Value in 2024

USD 91.62 million

Market Size Value in 2025

USD 96.43 million

Revenue Forecast by 2034

USD 154.12 million

CAGR

5.3% from 2025 to 2034

Market Growth Drivers:

  • Stringent Environmental Regulations and Waste Policies:
    The Colombian government has introduced tire recycling mandates and waste tracking systems, encouraging manufacturers and distributors to participate in extended producer responsibility (EPR) schemes and invest in recycling infrastructure.

  • Rise in Infrastructure Projects and Rubberized Asphalt Use:
    Tire-derived materials, especially crumb rubber, are being increasingly used in construction and road paving for their durability and cost-effectiveness, creating strong demand for recycled tire inputs.

  • Public-Private Partnerships and Circular Economy Focus:
    Collaborations between environmental agencies, recycling companies, and private enterprises are promoting circular economy models. These partnerships ensure sustainable collection, processing, and reuse of tire waste across Colombia.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.polarismarketresearch.com/industry-analysis/colombia-tire-recycling-market 

Market Key Players:

The competitive landscape features a mix of long-standing companies and emerging contenders. Leading players are actively pursuing R&D initiatives and strategic moves to strengthen their market position. Notable participants include:

  • Drummond Company, Inc.
  • Duramos S.A.S.
  • Ecolomondo Corporation
  • EcotireGreen
  • Genan
  • Lehigh Technologies (A Michelin Group Company)
  • Liberty Tire Recycling
  • Neoland SAS
  • Rueda Verde

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