The Ultimate Guide to Starting a Successful Tire Recycling ...

The Ultimate Guide to Starting a Successful Tire Recycling Business

Tire recycling gained traction in the late 80s and early 90s. Back then, only 11% of tires were repurposed, with most ending up in landfills or on public lands. By 2017, however, advancements in technology boosted that number to 81.4%. Despite this progress, over 290 million tires are discarded annually in the U.S.

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The abundance of rubber waste represents a promising business opportunity. Recycling methods have opened numerous doors in a variety of sectors. Depending on the tire type, used tires can be converted into tire-derived fuels (TDF) and carbon black. Off-the-road (OTR) tires also offer scrap metal, such as steel beading and wire.

If you're an eco-conscious entrepreneur, a tire recycling business could be your next venture. With dedication, you can launch your business within a year.

Step 1: Research the Market

Before starting your tire recycling business, thorough research is essential. Consider factors such as:

• Your business location
• Local and regional competition
• Sourcing your tires
• The volume of tires to recycle
• Operation size
• Required equipment
• Budget
• Local and federal regulations

You'll also need to decide whether to rent an industrial facility, purchase one, or construct a new one. Each option comes with its own advantages and disadvantages.

Step 2: Select a Niche

Recycled tires have a wide range of applications, making it critical to specialize rather than targeting multiple industries. Focused niche selection can help distinguish your business from competitors.

Tire recycling niches include tire-derived fuel (TDF) products, civil engineering applications, and ground or crumb rubber. Identify your niche by asking yourself:

• Are there local cement plants?
• Are there nearby steel mills? If so, what do they pay for raw materials?
• Is there a market for rubber in asphalt production?

Recycled tires can also be used in agrimats, landscaping, building foundations, track bases for trains, athletic surfaces, and playground mats.

Try and establish your tire recycling business in a corner of the market that's unique but also in high demand.

Step 3: Establish Funding

Launching a tire recycling business requires capital. If you lack personal wealth, small business loans are a basic funding option.

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Engaging with investors may also be fruitful, as many venture capitalists now support eco-friendly initiatives. Crowdfunding platforms like Fundable and Kickstarter can aid smaller operations in securing funds.

State or federal grants are another option. Many states have programs promoting scrap tire management and cleanup. The EPA also offers grants for innovative research projects.

Step 4: Acquire the Necessary Licenses and Permits

For instance, in Utah, any business handling the disposal, recycling, or incineration of solid waste must adhere to state solid waste regulations. Waste tire recycling businesses must register with the Utah Department of Environmental Quality under the Waste Tire Recycling Act. Fees range from $0 to $5,000, depending on facility size and location, along with a $100 recycler registration fee.

Step 5: Invest in Tire Recycling Equipment

After laying a solid foundation, it's time to invest in the required equipment. For instance, with over 25 years in the tire recycling industry, our team offers reliable and efficient machinery tailored to your business needs.

No matter your niche, we have the equipment to support your operations, including:

• Primary shredders
• Secondary shredders
• Granulators
• Milling equipment
• OTR equipment

Additionally, we provide:

• Conveying equipment
• Screening equipment
• Bagging stations
• Dust and fiber separation tools
• Steel separation tools
• Electronic controls

No matter the scope of your tire recycling business, we have the tools, experience, and expertise to ensure your success. If you're interested in a specific piece of equipment or are ready to purchase, contact us at (801) 505-6841 or fill out an online contact form today.

Tire recycling is not only rewarding but also lucrative. We look forward to assisting you on your journey!

Sources:

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• https://bizfluent.com/how-2078418-start-tire-recycling-business.html
• https://www.thebalancesmb.com/steps-to-start-a-tire-shredding-business-2878130
• https://www.thespruce.com/tire-recycling-lets-burn-some-rubber-1708979
• https://archive.epa.gov/epawaste/conserve/materials/tires/web/html/grants.html
• https://deq.utah.gov/waste-management-and-radiation-control/solid-waste-rules-waste-management-and-radiation-control-laws-and-rules
• https://deq.utah.gov/waste-management-and-radiation-control/solid-waste-documents-solid-waste-program