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Tire Material Market Size, Share & Analysis, By Type, By Performance, By Eco-Friendly Material, By Vehicle Type, And By Region, Global Forecast to 2028

  • ID: 5313876
  • Report
  • April 2021
  • Region: Global
  • 250 Pages
  • Reports and Data

FEATURED COMPANIES

  • Birla Carbon
  • Chevron Corporation
  • Exxon Mobil Corporation.
  • JSR Corporation
  • Kuraray Co. Ltd.
  • Orion Engineered Carbons
Increasing production and sales of automobiles, and need for eco-friendly and enhanced tires are key factors driving market growth.

Market Size - USD 87.03 Billion in 2020, Market Growth - CAGR of 3.8%, Market Trends - Rising investment in development and launch of advanced tire material to cater to increasing demand from automotive industry

The global tire material market size is expected to reach USD 118.09 Billion in 2028, and register a CAGR of 3.8% during the forecast period. Rising disposable income of individuals, in developed and developing countries has positively impacted the sales of cars as well as motorbikes. This in turn is expected to drive market growth in the years to come.

Green tires enhance fuel-efficiency, decrease noise to some extent, and enhance the braking power of the vehicles, particularly while in the wet surfaces. The green tires reduce the rolling resistance of tires and power consumption while the vehicle is moving. Demand for green tires has been growing rapidly among manufacturers to comply with government regulations.

Fluctuating in the price of the raw materials severely affects the manufacturing and production costs, and this is could hamper the global tire material market growth.

Some Key Findings From the Report:
  • Among the type segments, the metal belts segment is expected to register a robust revenue CAGR during the forecast period.
  • The carbon additives segment accounted for second-highest revenue share in the global tire material market in 2020, due to increasing Heavy duty tires have the highest amount of carbon additives usage for long-lasting, heavy friction-based continuous performance.
  • Among the performance segments, the premium tires segment accounted for major revenue share in 2020.
  • Among the eco-friendly material segments, the green tires segment accounted for considerably large revenue share in 2020, due to product features including better grip, and low rolling resistance.
  • Among the vehicle type segments, the passenger cars segment accounted for the largest revenue share in 2020. The two wheeler segment is expected to register a robust revenue CAGR during the forecast period.
  • The Asia Pacific market accounted for the largest revenue share in 2020, due to presence of large number of OEMs and aftermarket, increasing investments by players to develop technologically advanced vehicles, and growing purchasing power of consumers to purchase advanced vehicles in the region.
  • The Europe market accounted for the second-largest share in terms of revenue in 2020. The market is North America is expected to follow the Europe market in terms of revenue share.
  • Companies profiled in the market report include Sinopec, Birla Carbon, Phillips Carbon Black Limited, JSR Corporation, Orion Engineered Carbons, Lanxess Aktiengesellschaft, Chevron Corporation, Kuraray Co., Ltd., Royal Dutch Shell PLC, and Exxon Mobil Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global tire material market has been segmented on the basis of the type, performance, eco-friendly material, vehicle type, and region:

Type Outlook
  • Natural & Synthetic Rubbers
  • Carbon Additives
  • Metal Belts
  • Chemical Additives
  • Chemical Activators
  • Fabric Reinforcements
  • Others
Performance Outlook
  • Standard Tires
  • Low Profile Tires
  • Sports Tires
  • Heavy Duty Tires
  • Mud Tires
  • High Grip Tires
  • Premium Tires
Eco-Friendly Material Outlook
  • Green Tires
  • Ordinary Tires
Vehicle Type Outlook
  • Two Wheelers
  • Rickshaws
  • Passenger Cars
  • Trucks
  • Buses
  • Utility Vehicles
  • Others
Region Outlook
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Tire Material Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in Tire Material Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Birla Carbon
  • Chevron Corporation
  • Exxon Mobil Corporation.
  • JSR Corporation
  • Kuraray Co. Ltd.
  • Orion Engineered Carbons
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 - 2028

Chapter 3. Indicative Metrics

Chapter 4. Tire Material Market Segmentation & Impact Analysis
4.1. Tire Material Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Propelling sales of passenger cars and two-wheelers in developing countries
4.2.2.2. Rising demand for green tires
4.2.2.3. Increasing prices in luxury cars
4.2.3. Market restraints analysis
4.2.3.1. Price fluctuations with raw chemicals additives
4.2.3.2. Hazardous smoke from burnt tires for recycling purpose
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Tire Material Market By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2021 & 2028
5.2. Natural & Synthetic Rubbers
5.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.3. Carbon Additives
5.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.4. Metal Belts
5.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.5. Chemical Additives
5.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.6. Chemical Activators
5.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.6.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.7. Fabric Reinforcements
5.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.7.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
5.8. Others
5.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
5.8.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)

Chapter 6. Tire Material Market By Performance Insights & Trends
6.1. Performance Dynamics & Market Share, 2021 & 2028
6.2. Standard Tires
6.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.3. Low Profile Tires
6.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.4. Sports Tires
6.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.5. Heavy Duty Tires
6.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.6. Mud Tires
6.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.6.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.7. High Grip Tires
6.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.7.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
6.8. Premium Tires
6.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
6.8.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)

Chapter 7. Tire Material Market By Eco-Friendly Material Insights & Trends
7.1. Eco-Friendly Material Dynamics & Market Share, 2021 & 2028
7.2. Green Tires
7.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
7.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
7.3. Ordinary Tires
7.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
7.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)

Chapter 8. Tire Material Market By Vehicle Type Insights & Trends
8.1. Vehicle Type Dynamics & Market Share, 2021 & 2028
8.2. Two Wheelers
8.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.3. Rickshaws
8.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.4. Passenger Cars
8.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.5. Trucks
8.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.6. Buses
8.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.6.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.7. Utility Vehicles
8.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.7.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)
8.8. Others
8.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion) (Kilo Tons)
8.8.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion) (Kilo Tons)

Chapter 9. Tire Material Market Regional Outlook
9.1. Tire Material Market share By Region, 2021 & 2028
9.2. North America
9.2.1. North America Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.2. North America Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.3. North America Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.4. North America Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.5. North America Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.6. U.S.
9.2.6.1. U.S. Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.6.2. U.S. Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.6.3. U.S. Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.6.4. U.S. Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.2.6.5. U.S. Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3. Europe
9.3.1. Europe Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.2. Europe Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.3. Europe Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.4. Europe Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.5. Europe Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.6. U.K.
9.3.6.1. U.K. Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.6.2. U.K. Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.6.3. U.K. Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.6.4. U.K. Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.6.5. U.K. Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.7. France
9.3.7.1. France Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.7.2. France Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.7.3. France Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.7.4. France Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.3.7.5. France Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4. Asia-Pacific
9.4.1. Asia Pacific Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.2. Asia Pacific Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.3. Asia Pacific Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.4. Asia Pacific Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.5. Asia Pacific Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.6. China
9.4.6.1. China Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.6.2. China Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.6.3. China Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.6.4. China Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.6.5. China Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.7. India
9.4.7.1. India Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.7.2. India Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.7.3. India Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.7.4. India Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.7.5. India Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.8. Japan
9.4.8.1. Japan Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.8.2. Japan Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.8.3. Japan Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.8.4. Japan Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.4.8.5. Japan Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.5. Middle East and Africa
9.5.1. Middle East and Africa Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.5.2. Middle East and Africa Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.5.3. Middle East and Africa Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.5.4. Middle East and Africa Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.5.5. Middle East and Africa Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6. Latin America
9.6.1. Latin America Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.2. Latin America Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.3. Latin America Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.4. Latin America Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.5. Latin America Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.6. Brazil
9.6.6.1. Brazil Tire Material Market estimates and forecast, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.6.2. Brazil Tire Material Market estimates and forecast By Type, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.6.3. Brazil Tire Material Market estimates and forecast By Performance, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.6.4. Brazil Tire Material Market estimates and forecast By Eco-Friendly Material, 2018 - 2028, (USD Billion) (Kilo Tons)
9.6.6.5. Brazil Tire Material Market estimates and forecast By Vehicle Type, 2018 - 2028, (USD Billion) (Kilo Tons)

Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape

Chapter 11. Company Profiles
11.1. Sinopec
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Birla Carbon
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Phillips Carbon Black Limited
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. JSR Corporation
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. Orion Engineered Carbons
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. Lanxess Aktiengesellschaft
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Chevron Corporation
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. Kuraray Co., Ltd.
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Royal Dutch Shell PLC
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. Exxon Mobil Corporation
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Sinopec
  • Birla Carbon
  • Phillips Carbon Black Limited
  • JSR Corporation
  • Orion Engineered Carbons
  • Lanxess Aktiengesellschaft
  • Chevron Corporation
  • Kuraray Co. Ltd.
  • Royal Dutch Shell PLC
  • Exxon Mobil Corporation.
Note: Product cover images may vary from those shown
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