For the first time in two years, the tire industry has an updated understanding of whether the scrap tire landscape is waxing or waning.
Or does it?
The release of the biennial Scrap Tire Management Report in October by the U.S. Tire Manufacturer's Association demonstrated some positive, some negative and a few ambiguous trends surrounding ELTs in 2023.
Specifically, the bellwether statistics of previous reports—the percentage of scrap tires that find a second life in an ELT market against the number of overall scrap tires generated—may be somewhat anamolous in this report.
Overall, however, the USTMA expressed "cautious optimism" in the direction of the scrap tire and ELT end markets, especially regarding rubber-modified asphalt usage.
It is an enormous task, even for North America's largest industry groups, to increase the percentage of tires re-used to overall tires generated.
As such, the USTMA, Tire Industry Association and 11 other major players in the scrap tire recycling space on May 15 announced the formation of the Tire Recycling Foundation, a seminal advocacy tool for pushing 100-percent tire circularity.
Myriad other partnerships are forming across the tire recycling space as well, including a wide-ranging partnership between Bridgestone, Versalis and BB&G for tire pyrolysis oil circularity.
Here are five of the top news stories in the scrap tire and recycling spaces over the last year.