The main project concept focuses on establishing a tire recycling plant. The plant will recycle damaged and old tires and extract various types of rubber granules, rubber powder, and scrap iron, which are indispensable for many flooring applications, such as stadium floors, resorts, hospital corridors, and various industries such as automobiles, tires, and others. The plant targets industrial companies, especially brake pad production plants, car assembly plants and companies, locomotive manufacturing plants, and building material showrooms and stores, to benefit from the high demand for its products. A feasibility study of the tire recycling plant project reveals that the plant is a major investment project with significant financial returns.
mashroo3k presents the technical, marketing, and financial feasibility of the project through a detailed feasibility study for a tire recycling plant. The marketing study, along with an analysis of supply and demand rates and market size, revealed a pressing need for the project’s products (rubber granules, rubber powder, and scrap iron). This is likely due to the numerous uses of these products, which are used in the manufacture of playground flooring, building flooring, hospital corridors, garden and resort flooring, as well as in the automotive and tire industries, in addition to adhesives, asphalt mixtures, building materials, and various rubber and plastic industries. The project is considered a solution to the acute problem of the accumulation of unusable car tires, as used car tires are converted into recycled rubber powder, allowing for the establishment of a local rubber industry, achieving high added value and a high rate of return. It is worth noting that the project will rely on leading cadres (administrative and technical), which will likely greatly assist it in capturing a significant share of the market gap. Because the project works to treat waste and protect the environment from pollution and waste burial, it will find continued support from government agencies, especially given the recent global shift towards a green economy.
Production of rubber granules and powder by utilizing available resources.
Protecting the environment from the damage caused by dumping or burning tires.
Creating new investment opportunities with good returns.
Achieving a good return for the project owner.
Employing the workforce and improving their economic and social status.
Achieving good returns, cash flows, and economic added value.
Optimal use of resources and assets.
Availability of high-quality products.
Maintaining a price level that enables the project to achieve its target share.
Contributing to meeting part of the growing demand for rubber granules and powder.
Using the latest tire recycling technologies and training workers.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The technological advancement witnessed by the Gulf Cooperation Council (GCC) countries—along with population growth—has led to an increase in waste generated from both human and industrial activities. This surge in waste has posed a significant challenge to GCC governments, urging them to address the issue swiftly to avoid environmental and health risks.
The total amount of waste generated in the GCC (both hazardous and non-hazardous) is estimated at approximately 131.8 million tons, with hazardous waste accounting for 1.2%, and non-hazardous waste making up 98.8%.
Mashroo3k Economic and Administrative Consulting presents the following key indicators for the recycling sector in the GCC:
Total hazardous waste collected in the GCC: 1.6 million tons.
Total non-hazardous waste collected: 130.2 million tons.
Hazardous waste is divided as follows:
6% medical waste
81.8% industrial waste
12.2% other types (e.g., batteries and electronic waste)
Non-hazardous waste is divided as follows:
40.7% construction waste
25% household waste
1.7% green waste
32.5% other types
51% (67.2 million tons) of total collected waste is treated.
Industrial waste collected in the GCC totals 1.3 million tons, with Saudi Arabia and the UAE accounting for 63.1% and 19.3% respectively of that amount.
Household non-hazardous waste collected in the GCC amounts to 32 million tons.
The UAE ranks first in the amount of waste recycled, with a share of 42.8%.
100,000 tons of hazardous waste (or 9.3%) is recycled.
Saudi Arabia leads in solid waste volume, generating over 16 million tons annually, followed by the UAE with 5.4 million tons.
Food and green waste: 58%
Glass: 3%
Metals: 3%
Paper and cardboard: 13%
Plastic: 12%
Wood: 1%
Rubber and leather: 2%
Other waste: 8%
Hazardous Waste:
Incineration: 9%
Landfilling: 51.7%
Recycling: 9.3%
Other methods: 30%
Non-Hazardous Waste:
Landfilling: 51%
Other methods (e.g., incineration, recycling): 49%
Reducing primary energy consumption by about 4%
Creating 50,000 jobs in the recycling sector
Cutting CO₂ emissions by 13 million tons annually
Contributing $138 billion USD to GCC economies between 2020 and 2030
Mashroo3k recommends investing in the recycling sector for the following reasons:
The world produces approximately 2.01 billion tons of municipal solid waste annually, expected to rise to 3.40 billion tons by 2050.
In 2014, the global output of electronic waste reached 12.8 million metric tons, increasing to 53.6 million metric tons by 2019.
Plastic and paper account for around 29% of total global waste, making them promising sectors for profitable recycling investment.
Mashroo3k Economic Consulting affirms that the volume of waste in Saudi Arabia now exceeds 45 million tons annually. With the Kingdom’s commitment to raising the recycling rate from 1% to 80% by 2035, the company sees investment in this vital sector as highly profitable. Regarding the future of recycling and energy generation, the following prospects can be highlighted:
In Saudi Arabia, 45,000 terajoules of energy could be saved annually just by recycling glass and metals.
An estimated 3 terawatt-hours of electricity could be generated every year by utilizing all food waste through biogas facilities in the Kingdom.
Additionally, 1 to 1.6 terawatt-hours of electricity per year could be produced by processing plastic and other mixed waste—such as paper, cardboard, wood, textiles, leather, etc.—using pyrolysis technologies.
Mashroo3k emphasizes that recycling is one of the most promising sectors in the Kingdom, and projects in this area represent genuine investment opportunities, especially as Saudi Arabia moves toward a green economy. Environmental protection has become a key priority for the country’s leadership, clearly reflected in Vision 2030.
The global waste management market was valued at approximately USD 989.20 billion in 2021, and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030, reaching USD 1,685.5 billion by the end of the forecast period.
The Middle East and North Africa (MENA) region is expected to experience a CAGR of 6.3% in recycling and waste management between 2022 and 2030. This growth is driven by increased awareness of the sustainable benefits of waste reuse and recycling.