Is There A Great Profit In Tire Recycling Business?

For authorities and waste management authorities, one of the most substantial and problematic sources of waste in municipalities is worn-out and used tires. Fortunately, this also presents a profitable business opportunity for entrepreneurs because recycled rubber can be used in many different applications. Let’s see the great benefits of investing in a waste tire recycling plant.

It was not that long ago that when tires were old and no longer useful, they were stockpiled. In fact, as early as the 1990s, only around 10% of old tires were recycled and turned into new end-use products and materials. However, with the growth of recycling programs around the country, by the end of 2017, over 80% of end-use products and materials were made from scrap tires.

If you are thinking about the types of outlets that have availability for processed tires, the following are some end-use markets that have been identified by the USTMA (United States Tire Manufacturers Association) as being top markets for scrap tire rubber recycling.

One of the most popular methods is the tire pyrolysis plant. And the main end product is the TDF (Tire-derived fuel) market. This type of fuel is able to generate more heat when compared to coal that is a similar weight. This means that TDF presents itself as a cleaner and more attractive alternative to coal for different uses like in pulp and paper mills and cement kilns.

Another outlet in which waste tire recycling is beneficial is ground rubber uses. This type of rubber is created when scrap tires are ground into smaller pieces of rubber that is of different sizes. The use of ground rubber has led to the use of over 60 million waste tires just in 2017. This is more than 25% of the tires that were used in the scrap tire industry.

Recycled waste tires are also becoming popular in civil engineering also. These tires are used as a substitute for landfill construction, clay and sand, landfill cover and septic tank fields. The tire applications for civil engineering were over 15 million tires in 2017, which is over 8% of the total. The pyrolysis plant business plan contributes a lot to customers.

Recycled waste tires have also been used in other markets such as professionally engineered tire bales and for providing power for electric arc furnaces. All of these applications combined account for another 7% in waste tire recycling production.

As you can see, there are many outlets where shredded waste tires can be used as end-product materials. This means that there is the potential for you to start an exciting new business. There are some steps that you will need to follow before you launch your business.

The first thing that you will need to do is identify suppliers of waste tires as well as potential markets you can sell the recycled rubber to. You should follow the tire recycling process so you will have a better understanding of what happens to tires at each phase of the cycle.

You will also need to find a site location for your new business. After that, you will need to create a business plan. These are just a few of the beginning steps you will need to follow when you are ready to embark on a tire recycling business. Careful planning will be necessary to avoid pitfalls and to ensure your business stays profitable. More details can be found: https://bestonasia.com/.