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Rubber Mulch Market Report: CAGR is Projected to 5.2%
Rubber Mulch Market Summary
Rubber mulch generally consists of either waste tire bits or nuggets of synthetic rubber from tires that are shredded or ground up whole, after having their steel bands removed. Almost any tire can be used to make rubber mulch, including passenger vehicle tires and large truck and trailer tires. Bits or nuggets are produced from shredding and steel removal from waste tires. Rubber Mulch (Bits and Nuggets) range in size from 10 mm to 32 mm, or 3/8 inch to 11⁄4 inch.
Rubber mulch provides some advantages over plant mulches. For landscaping and gardening purposes, both nuggets and buffings insulate soil from heat, allowing a 2 or 3 degrees F higher soil temperature difference over wood mulches. Rubber mulch is beneficial for soil moisture, as rubber is non-porous and does not absorb water on its way through to the soil. It also reduces fungus growth and plant growth, and becomes a weed barrier, as weed seeds dehydrate in the mulch before reaching the soil.
Another advantage over plant-material mulches is its elasticity, which gives it a springy quality when used in a fairly thick layer. This makes it a choice for playgrounds, where the springiness provides additional safety for children when they fall off of playground equipment. Tests have shown that rubber mulch is superior in breaking falls to traditional bark mulches.
According to the new market research report “Global Rubber Mulch Market Report 2023-2029”, published by QYResearch, the global Rubber Mulch market size is projected to reach USD 0.73 billion by 2029, at a CAGR of 5.2% during the forecast period.
- Global Rubber Mulch MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Rubber Mulch Market Report 2023-2029.
Market Drivers:
1.Traditional mulch materials such as polyethylene and other plastic mulches are difficult to degrade in the natural environment, causing serious pollution to the environment. Rubber mulch has good biodegradability and is conducive to environmental protection and sustainable development.
2.As people's awareness of food safety and environmental protection increases, the demand for environmentally friendly mulch films continues to increase. As an environmentally friendly mulch film, the market demand for rubber mulch film is also growing.
Restraint:
1.The manufacturing cost of rubber mulch is relatively high, mainly because its manufacturing process requires a large amount of high-quality raw materials and complex production processes. This makes rubber mulch more expensive and will affect its promotion and application in some agricultural fields.
2.Although rubber mulch has good biodegradability, there may still be some environmental issues, such as wastewater and waste generated during production and use. As environmental regulations become increasingly stringent, the rubber mulch industry needs to strengthen environmental management and technology research and development to comply with regulatory requirements.
Opportunity:
With the continuous emergence and application of new technologies, the performance and functions of rubber mulch will be further improved. For example, by introducing new technologies such as nanotechnology and biotechnology, the anti-aging properties, weather resistance, antibacterial properties, etc. of rubber mulch can be improved to better meet the needs of agricultural production.
- Global Rubber Mulch Top17 Players Rankingand Market Share(Continually updated)
Based on or includes research from QYResearch: Global Rubber Mulch Market Report 2023-2029.
According to QYResearch Top Players Research Center, the global key manufacturers of Rubber Mulch include Rubber Mulch Products, Perfect Rubber Mulch, American Rubber Technologies, Inc., Best Rubber Mulch, Recycled Rubber Products, AAA State of Play, Rooster Rubber, Elysium Tire Recycling, The Rubber Company, US Rubber Mulch, etc. In 2022, the global top 10 players had a share approximately 44.0% in terms of revenue.
- Rubber Mulch,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Rubber Mulch Market Report 2023-2029.
- Rubber Mulch,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Rubber Mulch Market Report 2023-2029.
- Rubber Mulch,Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Rubber Mulch Market Report 2023-2029.
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