Industrial Tire Shredding - A Truly Profitable Business Opportunity

Worn-out tires are one of the most challenging and substantial waste sources, especially for our landfills and waste management authorities. But industrial tire shredding and recycling can solve this issue by offering several profitable business opportunities as rubber can be reused in different ways.

A Growing Opportunity

For ages, old tires were being amassed. But fortunately, in 1990, 11% of old tires were finally recycled into end-use markets. However, with the awareness of tire-recycling programs, by 2017, end-use markets used up 81.4% of scrap tire generation.

Outlets Available for Processed Tires

The top end-use outlets for scrap tire rubber are as follows:

Tire-derived Fuel (TDF)

TDF engenders more heat than a similar weight of coal. As such, TDF offers a striking and cleaner alternative to coal for use in pulp, cement kilns, electric utility boilers, and pulp and paper mills.

Ground Rubber Applications

 Ground rubber is formed by grinding scrap tires into trivial pieces of varying sizes. Popular applications include landscaping mulch, rubber mats, rubber products, and mats, as well as rubber-modified asphalt.

Civil Engineering

Shredded tires in the crushing machines are becoming rampant as an alternative for sand or clay in road and landfill construction, septic tank fields, landfill cover, and many construction jobs.

Other Sectors

Other industrial tire-shredding opportunities include professionally engineered tire bales, powering electric arc furnaces, and items punched, stamped, or pressed from scrap tires.

Launching Business of Industrial Tire Shredding

With the availability of many outlets for shredded tires, this may signify an exciting business opportunity for you. Here is how you can start your business adventure of industrial tire shredding.

Explore the Sources and Markets for Your Output

The first stage is about finding the opportunity to start a tire-shredding business. You must identify local opportunities to attain old tires and advertise your processed scrap objects to clientele. It pays to "follow the scrap tires" to comprehend what happens to them. If they are being picked up on a regular basis? What happens to them? Look upon the ongoing scrap tire businesses in your area. If you see tire accumulations somewhere, find answers of if there are any unfulfilled needs for old tire exclusion or which clients are interested in purchasing the processed material?

Find Potential Site Locations

The ideal site location depends on different variables. Some of them are based on curtailing freight costs related to bringing in scrap tires and shipping out administered material. And where the tire source and outlets are of critical importance, you must think of other business location factors, such as zoning and permits, ecological considerations, suitable space for storage, unloading, and loading, as well as road access.

Concoct a Complete Business Plan

An incomplete business plan may lead to glitches after starting your business. Try observing similar businesses or talk to entrepreneurs or tire-recycling equipment vendors. Comprehend what it takes to start a shredding business and plan well from the very beginning. You may also find tire-recycling business plans online for free or available for purchase. Depending on the anticipated scope of your business, you will have to get crushing machines, dumpers, conveyors, and other material-handling equipment. Make an investment of at least $100,000. If you lack any experience in this field, it may be a better idea to first seek work in the tire-recycling industry. You could also begin by starting a smaller, related business, such as an old tire hauling service.

Start Shopping for Tire-Shredding Solutions

As soon as you have a complete business plan, including a financial strategy, you are all set to shop. You can rent a property and obtain the crushing machinery necessary for a tire-recycling business. As you have already examined equipment prices while formulating your business plan, you should be confident as you go about acquiring machinery.

Hire Personnel and Launch Your Business

Once you have all the equipment, you can start operating your business. Hire an adequate number of staff members to amass, transport, clean, and crush old, worn-out tires and for conversion into marketable material.​

Help Your Environment

In many spaces, it is not legal to dispose of scrap tires by interring them or tossing them in a landfill. Before discarding, most states need individuals and businesses to shred tires into strips or chips of different sizes. To save extra cost, many businesses leave their worn-out tires on public land. This is because it is allowed to dispose of solid waste on government-owned property. Most of the time, these massive piles of scrap tires sit unprocessed for decades. This leads to a serious fire safety threat and spreads diseases by harming the environment. Many scrap tires also contain heavy metals and chemicals. Tire shredding and recycling significantly cuts the risk of such issues and helps prevent overcrowding at landfills. So, remember when you start your business that you are also helping your environment.

Mar 25,2021

Phoebe Sebastian

Industrial Tire Shredding - A Truly Profitable Business Opportunity

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