Global Tire Reinforcement Materials Market 2016-2020

  • ID: 3946608
  • Report
  • Region: Global
  • 59 pages
  • TechNavio
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FEATURED COMPANIES

  • Bekaert
  • CORDENKA
  • Hyosung
  • Kolon Industries
  • Kordsa Global
  • Milliken & Company
  • MORE
About Tire Reinforcement Materials

Reinforced tires are made to provide strength, stability, and withstand extra load and pressure on vehicles. These tires also last longer, resist mechanical damage, and provide higher rigidity. Tire cord fabric and tire bead wires are the essential components used in reinforced tires. Steel cord fabric, steel bead wire, polyester tire cord, rayon tire cord, and nylon tire cord are the most commonly used materials for manufacturing reinforced tires.

The analysts forecast the global tire reinforcement materials market to grow at a CAGR of 4.3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global tire reinforcement materials market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of different types of tire reinforcement materials across key regions by considering 2015 as the base year.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

The report, Global Tire Reinforcement Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bekaert
- Hyosung
- Kolon Industries
- Kordsa Global
- Toray Industries

Other prominent vendors
- SRF
- Milliken & Company
- CORDENKA
- Tokusen Kogyo

Market drivers
- Enhanced properties of reinforced tires.
- For a full, detailed list, view the full report

Market challenges
- Stringent government regulations.
- For a full, detailed list, view the full report

Market trends
- Increasing importance of vehicle fuel efficiency.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Bekaert
  • CORDENKA
  • Hyosung
  • Kolon Industries
  • Kordsa Global
  • Milliken & Company
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
  • Key stakeholders in global tire reinforcement materials market
PART 06: Market segmentation by type
  • Global tire cord fabric market
  • Global tire bead wire market
PART 07: Market segmentation by material
  • Global steel tire reinforcement materials market
  • Global polyester tire reinforcement materials market
  • Global rayon tire reinforcement materials market
  • Global nylon tire reinforcement materials market
  • Global market for other tire reinforcement materials
PART 08: Geographic segmentation
  • Tire reinforcement materials market in Americas
  • Tire reinforcement materials market in Europe
  • Tire reinforcement materials market in APAC
  • Tire reinforcement materials market in ROW
PART 09: Market drivers
  • Growth in automotive industry
  • Economic growth in APAC
  • Enhanced properties of reinforced tires
PART 10: Impact of drivers

PART 11: Market challenges
  • Volatile raw material prices
  • Stringent government regulations
  • Excess production capabilities in China
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Increasing demand for eco-friendly tires
  • Increasing importance of vehicle fuel efficiency
  • Increasing demand for extra load tires
PART 14: Vendor landscape
  • Competitive scenario
  • Major market vendors
  • Bekaert
  • Hyosung
  • Kolon Industries
  • Kordsa Global
  • Toray Industries
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits
Exhibit 01: Global tire reinforcement materials market
Exhibit 02: Global tire reinforcement materials market by type
Exhibit 03: Global tire reinforcement materials market by material
Exhibit 04: Global tire reinforcement materials market by geography
Exhibit 05: Manufacturing of tire cord
Exhibit 06: Global tire reinforcement materials market 2015-2020 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Key stakeholders in global tire reinforcement materials market
Exhibit 09: Global tire reinforcement materials market by type 2015 and 2020 (%)
Exhibit 10: Global tire cord fabric market 2015-2020 ($ billions)
Exhibit 11: Global tire bead wire market 2015-2020 ($ billions)
Exhibit 12: Global tire reinforcement materials market by material 2015 and 2020 (%)
Exhibit 13: Global steel tire reinforcement materials market 2015-2020 ($ billions)
Exhibit 14: Global polyester tire reinforcement materials market 2015-2020 ($ billions)
Exhibit 15: Global rayon tire reinforcement materials market 2015-2020 ($ billions)
Exhibit 16: Global nylon tire reinforcement materials market 2015-2020 ($ billions)
Exhibit 17: Global market for other tire reinforcement materials 2015-2020 ($ millions)
Exhibit 18: Global tire reinforcement materials market by geography 2015 and 2020 (%)
Exhibit 19: Tire reinforcement materials market in Americas 2015-2020 ($ billions)
Exhibit 20: Tire reinforcement materials market in Europe 2015-2020 ($ billions)
Exhibit 21: Tire reinforcement materials market in APAC 2015-2020 ($ billions)
Exhibit 22: Tire reinforcement materials market in ROW 2015-2020 ($ billions)
Exhibit 23: Global motor vehicle sales 2015-2020 (millions of units)
Exhibit 24: Global passenger vehicle sales 2015-2020 (millions of units)
Exhibit 25: Global commercial vehicle sales 2015-2020 (millions of units)
Exhibit 26: Demand for motorcycle tires by volume 2016-2021 (%)
Exhibit 27: Global market estimates for hybrid, plug-in hybrid, and electric vehicles 2015 and 2020 (Units)
Exhibit 28: Real GDP growth rate for major countries in APAC 2014 and 2015 (%)
Exhibit 29: Impact of drivers
Exhibit 30: Price of rubber January 2016 to July 2016 (US cents per pound)
Exhibit 31: Global tire market by raw material 2015
Exhibit 32: Impact of drivers and challenges
Exhibit 33: Global standard tire and green tire market 2012 and 2020 ($ billions)
Exhibit 34: Global tire reinforcement materials market: Major vendors
Exhibit 35: Bekaert: Business segmentation by revenue 2015
Exhibit 36: Bekaert: Geographic segmentation by revenue 2015
Exhibit 37: Bekaert: Key takeaways
Exhibit 38: Hyosung: Business segmentation
Exhibit 39: Hyosung: Key takeaways
Exhibit 40: Kolon Industries: Business segmentation
Exhibit 41: Kolon Industries: Key takeaways
Exhibit 42: Kordsa Global: Business segmentation
Exhibit 43: Kordsa Global: Key takeaways
Exhibit 44: Toray Industries: Business segmentation
Exhibit 45: Toray Industries: Key takeaways
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FEATURED COMPANIES

  • Bekaert
  • CORDENKA
  • Hyosung
  • Kolon Industries
  • Kordsa Global
  • Milliken & Company
  • MORE
New Report Released: – Global Tire Reinforcement Materials Market 2016-2020

The author of the report recognizes the following companies as the key players in the global tire reinforcement materials market: Bekaert, Hyosung, Kolon Industries, Kordsa Global, and Toray Industries.

Other prominent vendors in the market are: SRF, Milliken & Company, CORDENKA, and Tokusen Kogyo.

Commenting on the report, an analyst from the research team said: “One of latest trends in the market is increasing demand for eco-friendly tires. Eco-friendly tires are those tires in which the rubber compound contains natural or recycled products and can also contain non-aromatic oils. Owing to growing environmental concerns, vendors are shifting toward the use of natural and recycled materials to manufacture tire. This decreases fuel consumption by reducing rolling resistance, enhances tire performance and lessens greenhouse gas emissions.”

According to the report, one of the primary drivers in the market is growth in automotive industry. The automotive industry is growing due to the increasing sales of passenger and commercial vehicles worldwide. In terms of units, an estimated 89.68 million vehicles were sold in 2015. The number is expected to rise to 108.31 million by 2020. Rising per capita income and population growth are expected to increase the acceptance of vehicles.

Further, the report states that one major challenge in the market is volatile raw material prices. The volatile prices of raw materials for tire manufacturing pose a major threat in the tire reinforcement materials market. Rubber is one of the major raw materials used for manufacturing tires and accounts for over 60% of the manufacturing cost of tires. The increase in prices of rubber is affecting the profit margins of vendors. The price hike in crude oil has also affected the profit margins of vendors as crude oil derivatives are used in tire manufacturing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Bekaert
- Hyosung
- Kolon Industries
- Kordsa Global
- Toray Industries
- SRF
- Milliken & Company
- CORDENKA
- Tokusen Kogyo.
Note: Product cover images may vary from those shown
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