Nowadays, waste tires are a significant problem with the increasing in the number of automobiles. Therefore, much research has been performed in this field. From environmental and economical perspectives, recycling is one of the popular methods for the treatment of waste tire. However, it is not easy to melt down and mold scrapped tires into new products because the tire rubber is a crosslinked polymer. Due to such difficulty, the recycled product is not economical. Therefore, the goal of this study is to develop high-value products from waste tires. In this paper, attention has been paid to an economic recycled technology using scrapped waste tires. This technology may be applied to manufacturing the end products such as a rubber block and a ballast mat for high-speed trains.