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Lakin Tire

lakintire.com

Founded Year

1918

Stage

Acquired | Acquired

About Lakin Tire

Lakin Tire is a tire removal and recycling company with operations throughout the West and Northeast.On March 16, 2020 Lakin Tire was acquired by Liberty Tire Recycling. The terms of the transaction were not disclosed.

Headquarters Location

15305 Spring Ave

Santa Fe Springs, California, 90670,

United States

562-802-2752

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Latest Lakin Tire News

Tire-Derived Fuel Market size to grow by USD 80.63 million from 2021 to 2026| Evolving Opportunities with CH2E & Emanuel Tire LLC | Technavio

Apr 23, 2022

| Technavio News provided by Share this article Tire-Derived Fuel Market Facts at a Glance- Technavio has announced its latest market research report titled Tire-Derived Fuel Market by End-user and Geography - Forecast and Analysis 2022-2026 Total Pages: 120 Companies: 10+ – Including CH2E, Emanuel Tire LLC, Front Range Tire Recycle Inc., Globarket Tire Recycling LLC, Lakin Tire, Liberty Tire Recycling LLC, L and S Tire Co., MS Tire Recycling LLC, Regn-Sells Group, Reliable Tire Disposal, Renelux Cyprus Ltd., ResourceCo Pty Ltd., Scandinavian Enviro Systems AB, Tire Disposal and Recycling Inc., Tyrec Ltd., and West Coast Rubber Recycling Inc. among others. Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis Segments:  End-user (cement kilns, pulp and paper mills, and utility and industrial boilers) Geographies: APAC, Europe, North America, South America, and the Middle East and Africa The Tire-Derived Fuel Market size  is expected to increase by USD 80.63 million from 2021 to 2026, at an accelerated CAGR of 3.78% as per the latest market report by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenarios, future market trends, market size & estimations, and major investment pockets. 71% of the market's growth will originate from APAC during the forecast period. China, Japan, India, and Russia are the key markets for tire-derived fuel in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant increase in sales of automotive vehicles and the subsequent generation of stockpiles of tires over the years will facilitate the tire-derived fuel market growth in APAC over the forecast period. Download Sample : for more additional information about the key countries in APAC Vendor Insights- The Tire-Derived Fuel Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market. CH2E  -The company offers Tire-derived fuels (TDF) from recycled waste tires, which are processed into material used as fuel in various manufacturing applications. Find additional highlights on the vendors and their product offerings. Download Sample Report Latest Drivers & Trends Driving the Market- Tire-Derived Fuel Market Driver: Growing automotive fleet. : The key factor driving the global tire-derived fuel market growth is the growing automotive fleet. As of June 2020, more than half of the world's population resided in urban areas, and it is expected that more than two-thirds of the world population will be living in urban areas by 2050. This has stimulated the need for transportation. For instance, motor vehicle sales across the world grew by almost 32% from 2010-to 2021. Due to the limited lifetime of tires, which depends on the distance covered by the vehicles and the kind of roads traveled, the need for changing the tires arises for all vehicles. End-of-life tires can be collected and converted into energy, which can be used in applications such as cement kilns, industrial boilers, and paper and pulp facilities. Such factors will drive the growth of the market during the forecast period. Tire-Derived Fuel Market Trend: Advances in tire recycling technologies: The key factor driving the global tire-derived fuel market growth is the advances in tire recycling technologies. Stringent regulations are being undertaken to comply with the Paris Agreement. On average, EVs emit half the amount of GHGs as compared to conventional vehicles. In order to further promote the sales of EVs, governments in several countries like China and the US are setting objectives and giving incentives in the form of monetary and non-monetary benefits. According to the IEA, China has set a target of launching five million EVs by 2020, inclusive of 4.6 million passenger light-duty vehicles and 0.2 million buses for public transport. On the other hand, India has also set a target to achieve 30% EV sales by 2030. These factors have boosted the demand for EVs and HEVs globally, which will fetch more end-of-life tires during the forecast period, which can be converted as fuel. Such factors will positively impact the market during the forecast period. Find additional information about various other market Drivers & Trends - Download a sample report . Didn't Find What You Were Looking For? Customize Report- Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. Related Reports: The hazardous waste handling automation market share is expected to increase by USD 6.25 billion from 2021 to 2026, at a CAGR of 6.05%. Download a free sample now! The IT asset disposition (ITAD) market share is expected to increase by USD 7.45 billion from 2021 to 2026, at a CAGR of 7.90%. Download a free sample now! Tire-Derived Fuel Market Scope Companies profiled CH2E, Emanuel Tire LLC, Front Range Tire Recycle Inc., Globarket Tire Recycling LLC, Lakin Tire, Liberty Tire Recycling LLC, L and S Tire Co., MS Tire Recycling LLC, Ragn-Sells Group, Reliable Tire Disposal, Renelux Cyprus Ltd., ResourceCo Pty Ltd., Scandinavian Enviro Systems AB, Tire Disposal and Recycling Inc., Tyrec Ltd., and West Coast Rubber Recycling Inc. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents: Exhibit 27: Data Table on Comparison by End-user 5.3 Cement kilns - Market size and forecast 2021-2026 Exhibit 28: Chart on Cement kilns - Market size and forecast 2021-2026 ($ million) Exhibit 29: Data Table on Cement kilns - Market size and forecast 2021-2026 ($ million) Exhibit 30: Chart on Cement kilns - Year-over-year growth 2021-2026 (%) Exhibit 31: Data Table on Cement kilns - Year-over-year growth 2021-2026 (%) 5.4 Pulp and paper mills - Market size and forecast 2021-2026 Exhibit 32: Chart on Pulp and paper mills - Market size and forecast 2021-2026 ($ million) Exhibit 33: Data Table on Pulp and paper mills - Market size and forecast 2021-2026 ($ million) Exhibit 34: Chart on Pulp and paper mills - Year-over-year growth 2021-2026 (%) Exhibit 35: Data Table on Pulp and paper mills - Year-over-year growth 2021-2026 (%) 5.5 Utility and industrial boilers - Market size and forecast 2021-2026 Exhibit 36: Chart on Utility and industrial boilers - Market size and forecast 2021-2026 ($ million) Exhibit 37: Data Table on Utility and industrial boilers - Market size and forecast 2021-2026 ($ million) Exhibit 38: Chart on Utility and industrial boilers - Year-over-year growth 2021-2026 (%) Exhibit 39: Data Table on Utility and industrial boilers - Year-over-year growth 2021-2026 (%) 5.6 Market opportunity by End-user Exhibit 40: Market opportunity by End-user ($ million) 6 Customer Landscape Exhibit 45: Data Table on Geographic comparison 7.3 APAC - Market size and forecast 2021-2026 Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%) Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%) 7.4 Europe - Market size and forecast 2021-2026 Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%) Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%) 7.5 North America - Market size and forecast 2021-2026 Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%) 7.6 South America - Market size and forecast 2021-2026 Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%) 7.7 Middle East and Africa - Market size and forecast 2021-2026 Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%) Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%) 7.8 China - Market size and forecast 2021-2026 Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million) Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million) Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%) Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%) 7.9 US - Market size and forecast 2021-2026 Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million) Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million) Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%) Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%) 7.10 Russia - Market size and forecast 2021-2026 Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ million) Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ million) Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%) Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%) 7.11 Japan - Market size and forecast 2021-2026 Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million) Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%) Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%) 7.12 India - Market size and forecast 2021-2026 Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million) Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million) Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%) Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%) 7.13 Market opportunity by geography Exhibit 86: Market opportunity by geography ($ million) 8 Drivers, Challenges, and Trends 8.1 Market drivers About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact

Lakin Tire Frequently Asked Questions (FAQ)

  • When was Lakin Tire founded?

    Lakin Tire was founded in 1918.

  • Where is Lakin Tire's headquarters?

    Lakin Tire's headquarters is located at 15305 Spring Ave, Santa Fe Springs.

  • What is Lakin Tire's latest funding round?

    Lakin Tire's latest funding round is Acquired.

  • Who are the investors of Lakin Tire?

    Investors of Lakin Tire include Liberty Tire Recycling.

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