In 2023, the production of reclaimed rubber in primary forms or in plates, sheets, or strips in France stood at 44.2 million kilograms. From 2024 to 2028, the forecasted data shows a steady increase in production volumes from 48.574 to 85.648 million kilograms. This suggests a year-on-year growth rate of approximately 19.33% in 2025, reducing to around 11.93% by 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be about 15.12%.
Future trends to watch for include:
-Technological advancements in recycling processes which could further boost production capacities.
-Regulatory policies promoting sustainability and circular economy practices, potentially increasing demand for reclaimed rubber.
-Fluctuations in raw material prices that might impact production costs and market dynamics.