Tire Material Market Challenges: Addressing Issues in Sustainability and Recycling

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Global Tire Material Market is growing at a CAGR of 5.68% during forecasting period

Comprehensive Insight into the Tire Material Market: Unveiling Market Trends

MMR has recently unveiled a detailed report on the "Tire Material Market," amalgamating primary and secondary data analyses. Industry experts have meticulously examined the Tire Material market from local and global perspectives, providing a comprehensive assessment of market size, share, and segment-specific insights. This report serves as an invaluable resource for potential investors.

Report on Tire Material Market: Description and Method of Analysis:

This report offers a thorough analysis of the Tire Material market at the global, regional, and country levels. It provides a comprehensive overview of the competitive landscape, detailing the business strategies adopted by key industry players. The report includes a list of key competitors, offering insights into their revenue, production capacity, sales, and global presence. Utilizing SWOT analysis, the strengths and weaknesses of key players are outlined. Additionally, the report covers market dynamics, including drivers, restraints, opportunities, and challenges.

Explore the report format with a complimentary sample copy, featuring the table of contents and summary :

Methodology:

Utilizing a bottom-up approach, the report estimates both global and regional Tire Material market sizes. Primary and secondary research methods were employed to gather data on market size, market share, regional insights, market dynamics, and historical industry data. A detailed value chain analysis is presented, elucidating the manufacturing process of Tire Material including information on raw materials, customers, and distributors. Additional analyses such as PORTER, PESTLE, and market attractiveness aid in understanding the Tire Material market at macro and micro levels.

Tire Material Industry Analysis and Progression:

Tire Material Market was valued at USD 89.24 Bn in 2022 and is expected to reach USD 131.38 Bn by 2029 at a CAGR of 5.68% over the forecast period 2023-2029.

Tire Material Market Classifications

by Type

• Elastomers
• Reinforcing Fillers
• Plasticizers
• Chemicals
• Metal Reinforcements
• Textile Reinforcements
• Others

The type, vehicle type, and region segments of the global tire material market are as follows. The market is divided into different materials based on type, including plasticizers, metal reinforcements, textile reinforcements, elastomers, and others. Due to the growing usage of elastomers in passenger cars, the material segment for elastomers had the largest market share overall in 2022 and is predicted to maintain this position during the forecast period. Both synthetic and natural rubber are elastomers. Butadiene rubber and styrene butadiene rubber are the two primary synthetic rubber elastomers used in the tire industry. To improve the strength and flexibility, natural rubber is mixed with these rubber polymers. Plasticizers and chemical material segments come after the elastomer material section. The passenger car sector has the largest market share among all vehicle types.

by Vehicle Type

• Passenger Cars
• Trucks
• Buses
• LCV

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Tire Material Market Regional Analysis

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Tire Material market in these countries, which covering North America - U.S., Canada, Mexico, Europe - UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific - China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America - Brazil, and Middle East and Africa.

The following companies are included in the market for Tire Material :

• Lanxess
• Cabot Corporation
• Phillips Carbon Black Limited
• The Goodyear Tire and Rubber Company
• Sinopec
• Kurarey
• JSR Corporation
• Thai Carbon Black Public Company Limited (Birla Carbon)
• Orion Engineered Carbons S.A.
• Royal Dutch Shell
• Chevron Corporation
• Nynas AB
• Petrochina
• Exxonmobil
• Sibur
• Ralson Goodluck Carbon
• Longxing Chemical
• Phillips 66 Company
• U.S. Zinc
• Horsehead Corporation
• Umicore SA
• SRF Limited
• PPG Industries

List of Contents : Tire Material Market

Part 01: Executive Summary

Part 02: Scope of the Tire Material Market Report

Part 03: Tire Material Market Landscape

Part 04: Tire Material Market Sizing

Part 05: Tire Material Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Crucial Products:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size & Forecast by different segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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