With the rapid development of the automotive industry, approximately 20 million waste tires in China remain unattended. According to incomplete statistics, the generation of waste tires in China was about 60 million in 2002. By 2005, the number exceeded 100 million. Meanwhile, according to the World Environmental Health Organization, the global stockpile of waste tires has surpassed 3 billion, growing at an astonishing rate of 1 billion per year, hiding immense business opportunities and boundless profit potential. Each year, the utilization of waste tires