Recycled elastomers are asphalt binders applicable in various end users medical, agriculture, sports product, playground surfaces and infrastructures. These elastomers are very durable, improves rutting and reduces hydroplaning. Various factors such as growing population along with increasing disposable income, increasing use of recycled elastomers in infrastructure-based activities, favourable regulatory policies pertaining to recycled elastic and elastomer products, stringent government rules and regulation to reduce emission of pollution, and increasing R& D spending by major market players, growing agriculture activities & rising income of farmers across the globe are driving the recycled elastomer market.