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GEM | Goryeo Elastomers
Namyangju-si, South Korea
A
51-100 Employees
1984
Key takeaway
GEM, a key player in the rubber product manufacturing industry since 1984, emphasizes its technological innovations and commitment to quality.
Reference
Core business
Custom Rubber Products | GEM | South Korea
GEM | Goryeo Elastomers | Elastic Customization----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -Silicone Rubber -Rubber Manufacturing -Rubber Products Molding -O-Rings -NSF
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When exploring the tire recycling industry in South Korea, several key considerations come into play. The regulatory environment is stringent, with the government implementing specific laws to promote sustainable waste management and recycling practices. Compliance with these regulations is crucial for any business operating in this sector, as violations can result in significant penalties. Challenges in the industry include the need for advanced technology to efficiently process used tires and the competition from alternative materials. However, opportunities abound as South Korea is increasingly focused on circular economy initiatives, which promote recycling and waste reduction. The demand for recycled rubber products, such as flooring and asphalt, is growing, providing a potential market for recycled materials. Environmental concerns are paramount, as improper disposal of tires can lead to pollution and health hazards. The competitive landscape consists of established companies alongside new entrants, creating both competition and collaboration opportunities. Additionally, global market relevance is significant, as South Korea's recycling capabilities position it as a leader in the Asian market, attracting attention from international investors and partners. Understanding these factors is essential for anyone looking to engage with the tire recycling industry in South Korea.
Some interesting numbers and facts about your company results for Tire Recycling
| Country with most fitting companies | South Korea |
| Average amount of employees | 51-100 |
| Oldest suiting company | 1984 |
| Youngest suiting company | 1984 |
Some interesting questions that has been asked about the results you have just received for Tire Recycling
What are related technologies to Tire Recycling?
Based on our calculations related technologies to Tire Recycling are Water/Ocean Cleaning Technologies, Waste Management, Renewable Energy, Sustainable Fashion, Smart Grid
Which industries are mostly working on Tire Recycling?
The most represented industries which are working in Tire Recycling are Manufacturing
How does ensun find these Tire Recycling Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.