Tire Material Market Size, Share Report, Analysis, Trends, Growth 2028
Tire Material Market By Type (Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, and Textile Reinforcements), By Vehicle Type (Passenger Cars, Buses, Trucks, and LCV), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2028
Category: Heavy Industry Report Format : PDF
Pages: 166 Report Code: ZMR-3380
Published Date: Apr-2022 Status : Published
| Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 76.21 Billion | USD 98.11 Billion | 4.3% | 2021 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Tire Material Market, (2022 - 2028) (USD Billion)
- 2.2 Global Tire Material Market : snapshot
- Chapter 3. Global Tire Material Market - Industry Analysis
- 3.1 Tire Material Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising manufacture of automotive to spur the market growth
- 3.3 Market Restraints
- 3.3.1. Fluctuating prices of raw materials hamper the market growth
- 3.4 Market Opportunities
- 3.4.1. Growing inclination towards use of biodegradable materials to fuel the market during the forecast period
- 3.5 Market Challenges
- 3.5.1. The environmental consequences of tires may pose a challenge to market growth
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Vehicle Type
- Chapter 4. Global Tire Material Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Tire Material Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Tire Material Market - Type Analysis
- 5.1 Global Tire Material Market overview: By Type
- 5.1.1 Global Tire Material Market share, By Type, 2021 and 2028
- 5.2 Elastomers
- 5.2.1 Global Tire Material Market by Elastomers, 2022 - 2028 (USD Billion)
- 5.3 Reinforcing Fillers
- 5.3.1 Global Tire Material Market by Reinforcing Fillers, 2022 - 2028 (USD Billion)
- 5.4 Plasticizers
- 5.4.1 Global Tire Material Market by Plasticizers, 2022 - 2028 (USD Billion)
- 5.5 Chemicals
- 5.5.1 Global Tire Material Market by Chemicals, 2022 - 2028 (USD Billion)
- 5.6 Metal Reinforcements
- 5.6.1 Global Tire Material Market by Metal Reinforcements, 2022 - 2028 (USD Billion)
- 5.7 Textile Reinforcements
- 5.7.1 Global Tire Material Market by Textile Reinforcements, 2022 - 2028 (USD Billion)
- 5.1 Global Tire Material Market overview: By Type
- Chapter 6. Global Tire Material Market - Vehicle Type Analysis
- 6.1 Global Tire Material Market overview: By Vehicle Type
- 6.1.1 Global Tire Material Market share, By Vehicle Type, 2021 and 2028
- 6.2 Passenger Cars
- 6.2.1 Global Tire Material Market by Passenger Cars, 2022 - 2028 (USD Billion)
- 6.3 Buses
- 6.3.1 Global Tire Material Market by Buses, 2022 - 2028 (USD Billion)
- 6.4 Trucks
- 6.4.1 Global Tire Material Market by Trucks, 2022 - 2028 (USD Billion)
- 6.5 LCV
- 6.5.1 Global Tire Material Market by LCV, 2022 - 2028 (USD Billion)
- 6.1 Global Tire Material Market overview: By Vehicle Type
- Chapter 7. Tire Material Market - Regional Analysis
- 7.1 Global Tire Material Market Regional Overview
- 7.2 Global Tire Material Market Share, by Region, 2021 & 2028 (USD Billion)
- 7.3. North America
- 7.3.1 North America Tire Material Market, 2022 - 2028 (USD Billion)
- 7.3.1.1 North America Tire Material Market, by Country, 2022 - 2028 (USD Billion)
- 7.3.1 North America Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4 North America Tire Material Market, by Type, 2022 - 2028
- 7.4.1 North America Tire Material Market, by Type, 2022 - 2028 (USD Billion)
- 7.5 North America Tire Material Market, by Vehicle Type, 2022 - 2028
- 7.5.1 North America Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
- 7.4. Europe
- 7.4.2 Europe Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4.2.1 Europe Tire Material Market, by Country, 2022 - 2028 (USD Billion)
- 7.4.2 Europe Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4 Europe Tire Material Market, by Type, 2022 - 2028
- 7.4.1 Europe Tire Material Market, by Type, 2022 - 2028 (USD Billion)
- 7.5 Europe Tire Material Market, by Vehicle Type, 2022 - 2028
- 7.5.1 Europe Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Tire Material Market, 2022 - 2028 (USD Billion)
- 7.5.3.1 Asia Pacific Tire Material Market, by Country, 2022 - 2028 (USD Billion)
- 7.5.3 Asia Pacific Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4 Asia Pacific Tire Material Market, by Type, 2022 - 2028
- 7.4.1 Asia Pacific Tire Material Market, by Type, 2022 - 2028 (USD Billion)
- 7.5 Asia Pacific Tire Material Market, by Vehicle Type, 2022 - 2028
- 7.5.1 Asia Pacific Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
- 7.6. Latin America
- 7.6.4 Latin America Tire Material Market, 2022 - 2028 (USD Billion)
- 7.6.4.1 Latin America Tire Material Market, by Country, 2022 - 2028 (USD Billion)
- 7.6.4 Latin America Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4 Latin America Tire Material Market, by Type, 2022 - 2028
- 7.4.1 Latin America Tire Material Market, by Type, 2022 - 2028 (USD Billion)
- 7.5 Latin America Tire Material Market, by Vehicle Type, 2022 - 2028
- 7.5.1 Latin America Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Tire Material Market, 2022 - 2028 (USD Billion)
- 7.7.5.1 The Middle-East and Africa Tire Material Market, by Country, 2022 - 2028 (USD Billion)
- 7.7.5 The Middle-East and Africa Tire Material Market, 2022 - 2028 (USD Billion)
- 7.4 The Middle-East and Africa Tire Material Market, by Type, 2022 - 2028
- 7.4.1 The Middle-East and Africa Tire Material Market, by Type, 2022 - 2028 (USD Billion)
- 7.5 The Middle-East and Africa Tire Material Market, by Vehicle Type, 2022 - 2028
- 7.5.1 The Middle-East and Africa Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 JSR Corporation
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Exxon Mobil Corporation
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Cabot Corporation
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Birla Carbon
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Bekaert
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Sinopec
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 PetroChina Company Limited
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Orion
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 LANXESS
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Kuraray Co. Ltd.
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.1 JSR Corporation
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Tire Material Market, 2022 - 2028 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Tire Material Market attractiveness, By Type
- 6. Global Tire Material Market attractiveness, By Vehicle Type
- 7. Global Tire Material Market share by Type, 2022 and 2028 (USD Billion)
- 8. Global Tire Material Market by Elastomers, 2022 - 2028 (USD Billion)
- 9. Global Tire Material Market by Reinforcing Fillers, 2022 - 2028 (USD Billion)
- 10. Global Tire Material Market by Plasticizers, 2022 - 2028 (USD Billion)
- 11. Global Tire Material Market by Chemicals, 2022 - 2028 (USD Billion)
- 12. Global Tire Material Market by Metal Reinforcements, 2022 - 2028 (USD Billion)
- 13. Global Tire Material Market by Textile Reinforcements, 2022 - 2028 (USD Billion)
- 14. Global Tire Material Market share by Vehicle Type, 2022 and 2028 (USD Billion)
- 15. Global Tire Material Market by Passenger Cars, 2022 - 2028 (USD Billion)
- 16. Global Tire Material Market by Buses, 2022 - 2028 (USD Billion)
- 17. Global Tire Material Market by Trucks, 2022 - 2028 (USD Billion)
- 18. Global Tire Material Market by LCV, 2022 - 2028 (USD Billion)
- 19. Global Tire Material Market share, by Region, 2022 and 2028
- 20. North America Tire Material Market, 2022 - 2028 (USD Billion)
- 21. Europe Tire Material Market, 2022 - 2028 (USD Billion)
- 22. Asia Pacific Tire Material Market, 2022 - 2028 (USD Billion)
- 23. Latin America Tire Material Market, 2022 - 2028 (USD Billion)
- 24. The Middle-East and Africa Tire Material Market, 2022 - 2028 (USD Billion)
Table Of Tables
- 1. Global Tire Material Market: Snapshot
- 2. Drivers of the Tire Material Market: impact analysis
- 3. North America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 4. North America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 5. U.S. Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 6. U.S. Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 7. Canada Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 8. Canada Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 9. Europe Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 10. Europe Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 11. Germany Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 12. Germany Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 13. France Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 14. France Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 15. U.K. Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 16. U.K. Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 17. Italy Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 18. Italy Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 19. Spain Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 20. Spain Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 21. Rest of Europe Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 22. Rest of Europe Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 23. Asia Pacific Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 24. Asia Pacific Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 25. China Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 26. China Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 27. Japan Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 28. Japan Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 29. India Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 30. India Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 31. South Korea Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 32. South Korea Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 33. South-East Asia Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 34. South-East Asia Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 35. Rest of Asia Pacific Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 36. Rest of Asia Pacific Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 37. Latin America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 38. Latin America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 39. Brazil Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 40. Brazil Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 41. Mexico Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 42. Mexico Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 43. Rest of Latin America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 44. Rest of Latin America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 45. The Middle-East and Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 46. The Middle-East and Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 47. GCC Countries Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 48. GCC Countries Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 49. South Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 50. South Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
- 51. Rest of Middle-East Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
- 52. Rest of Middle-East Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
Methodology
FrequentlyAsked Questions
Rising manufacture of automotive to spur the market growth. Increased customer preference for comfortable travel and the incorporation of new automobiles has resulted in a major increase in automotive vehicle sales, including commercial cars and passenger vehicles. Furthermore, the rapidly expanding automobile resale market, as well as increased tires replacement and retracting operations in older cars, are boosting market development.
According to the Zion Market Research report, the global tire material market was worth about 76.21 (USD billion) in 2021 and is predicted to grow to around 98.11 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 4.3 percent.
In the global tire material market, Asia Pacific is likely to hold the highest share during the forecast period. Changing standards of living and lifestyles have increased the use of high-performance and branded tires, which is likely to have a favorable influence on the Asia Pacific tire material market. Further, the growing number of vehicle users will drive growth in both the aftermarket and OEM segments, as well as the tires materials market. China is the world's largest automobile market, according to the International Trade Administration, with the Chinese government anticipating car manufacturing to reach 35 million by 2025.
Some of the prominent players that are functioning in the global tire material market include JSR Corporation, Exxon Mobil Corporation, Cabot Corporation, Birla Carbon, Bekaert, Sinopec, PetroChina Company Limited, Orion, LANXESS, and Kuraray Co., Ltd., among others.
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