In 2023, the import volume of rubber waste, parings, and scrap to the US stood at approximately 98.3 million kilograms. The forecasted data from 2024 to 2028 shows a gradual increase, starting at 99.312 million kilograms in 2024 and reaching 103.4 million kilograms by 2028. Year-on-year, the variation is modest, with percentage increases ranging around 1% annually. This steady growth results in a compound annual growth rate (CAGR) of approximately 1% over the period from 2024 to 2028.
Future trends to watch for include potential changes in global demand for recycled materials, advancements in sustainable practices, and any shifts in US trade policies affecting importation of such materials. Monitoring these factors will be crucial for accurately predicting future volumes and understanding market dynamics.
