Automotive Tire Molds Market by Product (Segmented Molds, Two-Piece Molds), Material (Forged Aluminum, Silicone Rubber, Steel), Application - Global Forecast 2024-2030

Automotive Tire Molds Market by Product (Segmented Molds, Two-Piece Molds), Material (Forged Aluminum, Silicone Rubber, Steel), Application - Global Forecast 2024-2030


The Automotive Tire Molds Market size was estimated at USD 1.75 billion in 2023 and expected to reach USD 1.82 billion in 2024, at a CAGR 4.75% to reach USD 2.42 billion by 2030.

Global Automotive Tire Molds MarketAutomotive tire molds are specialized tools used in the automotive sector to make cars, trucks, and vehicle tires. Automotive tire molds are generally made from high-quality materials such as steel, aluminum, and other metal alloys and are used to create the tread patterns and overall shape of a tire. The rapid expansion of the automotive industry, along with rising sales of commercial vehicles, is driving the demand for automotive tire molds. According to the European Automobile Manufacturers Association, 79.1 million vehicles were produced worldwide in 2021, an increase of 1.3% compared to 2020. Strict government regulations on vehicle emissions motivate original equipment manufacturers (OEMs) worldwide to focus on lightweight and fuel-efficient initiatives for their vehicles, driving up demand for low-rolling-resistance tires globally and boosting the adoption of automotive tire molds. However, the high investments required for equipment and technology associated with automotive tire molds impede market growth. The recent advancements in tire technology, such as new materials and designs and 3D printing technology, are expected to increase the production of automotive tire molds, as it allows for greater precision and faster production times, subsequently creating opportunities for the automotive tire market.Regional InsightsThe rapid growth of the automotive sector in Asia-Pacific is expected to expand the potential of the automotive tire molds in the region. Automobile manufacturers in Japan, China, South Korea, and India focus on decreasing the vehicles' weight to improve fuel efficiency and meet carbon emission regulations, accelerating the demand for unidirectional tapes. According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2021, total car production was higher across China, Japan, India, South Korea, Malaysia, Thailand, and Indonesia. The introduction of electric vehicles, supportive government incentives, and the competitive nature of the automakers are boosting the automotive sector in the Americas. Automobile manufacturers focusing on manufacturing lightweight vehicles to improve fuel efficiency and meet carbon emission regulations have expanded the scope of automotive tire molds. The Corporate Average Fuel Economy legislation in the U.S. has set the average fleet fuel efficiency target of 35 miles per gallon (mpg) to 36.6 mpg by 2017 and 54.5 mpg by 2025. Using green energy to develop automotive tire molds by native market vendors is expected to expand the scope of automotive tile molds in the Americas.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Tire Molds Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Tire Molds Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Tire Molds Market, highlighting leading vendors and their innovative profiles. These include Anhui Wide Way Mould Co.,Ltd, Athens Mold and Machine, Bridgestone Corporation, China Tyre Mould manufacturers, Continental AG, Craemer GmbH, Dahmen Maschinen- u. Formenbau GmbH & Co. KG, Deusch Kyosei Engineering Pvt., Georg Fischer Ltd., Greatoo Intelligent Equipment Inc., Hankook Precision Works Co., Ltd., Hefei Wide Way Mould Co., Ltd, Herbert Maschinen- und Anlagenbau GmbH & Co. KG, Himile Mechanical Science & Technology (Shandong) Co, Ltd., King Machine, Kohitech Tooling LLP, Langer GmbH & Co. KG, MESNAC Co., Ltd., Metalcraft Solutions, Münch Chemie International GmbH, NGK FINE MOLDS, Inc., PNEUFORM Hulín, Inc., Shandong Haomai Machinery Technology Co., Ltd., Shinko Mold Industrial Co., Ltd., The Yokohama Rubber Co., Ltd,, and Vulcan-Vulcap Industries Inc..

Market Segmentation & Coverage



This research report categorizes the Automotive Tire Molds Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Segmented Molds
Two-Piece Molds
Material
Forged Aluminum
Silicone Rubber
Steel
Application
Off-the-Road Tires
Passenger Car Radial Tires
Truck & Bus Radial Tires
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive Tire Molds Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Tire Molds Market?
3. What are the technology trends and regulatory frameworks in the Automotive Tire Molds Market?
4. What is the market share of the leading vendors in the Automotive Tire Molds Market?
5. Which modes and strategic moves are suitable for entering the Automotive Tire Molds Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Tire Molds Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing automotive production and sales worldwide
5.1.1.2. Rise in logistics, mobility, and transportation sectors
5.1.1.3. Availability of supportive government programs and initiatives to adopt fuel-efficient vehicles
5.1.2. Restraints
5.1.2.1. Price volatility in raw materials of tire molds
5.1.3. Opportunities
5.1.3.1. High potential owing to the emergence of connected vehicles and ADAS
5.1.3.2. Integration of advanced technologies and new materials to develop automotive tire molds
5.1.4. Challenges
5.1.4.1. Risk of the tire elements sticking to the automotive tire mold
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Automotive Tire Molds Market, by Product
6.1. Introduction
6.2. Segmented Molds
6.3. Two-Piece Molds
7. Automotive Tire Molds Market, by Material
7.1. Introduction
7.2. Forged Aluminum
7.3. Silicone Rubber
7.4. Steel
8. Automotive Tire Molds Market, by Application
8.1. Introduction
8.2. Off-the-Road Tires
8.3. Passenger Car Radial Tires
8.4. Truck & Bus Radial Tires
9. Americas Automotive Tire Molds Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Automotive Tire Molds Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Automotive Tire Molds Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Myers Industries Expands Production With Acquisition of Rotational Molding Facility in Georgia
12.3.2. Investment & Funding
12.3.2.1. Yokohama Rubber Investing $82 Million To Expand Passenger Car Tire Capacity In India
12.3.2.2. Largest Independent Tire Mold Company in U.S. Makes USD 2.6 Million Investment in South Carolina
12.3.2.3. Tire Mold Manufacturer King Machine Expanding Operations In Sumter County
12.3.3. Award, Recognition, & Expansion
12.3.3.1. Yokohama Rubber starts production at OHT tire plant in India
12.3.3.2. Himile expands market through innovation
12.3.3.3. Yokohama Rubber Tire Mold Subsidiary to Expand Production Capacity in Thailand
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Anhui Wide Way Mould Co.,Ltd
13.1.2. Athens Mold and Machine
13.1.3. Bridgestone Corporation
13.1.4. China Tyre Mould manufacturers
13.1.5. Continental AG
13.1.6. Craemer GmbH
13.1.7. Dahmen Maschinen- u. Formenbau GmbH & Co. KG
13.1.8. Deusch Kyosei Engineering Pvt.
13.1.9. Georg Fischer Ltd.
13.1.10. Greatoo Intelligent Equipment Inc.
13.1.11. Hankook Precision Works Co., Ltd.
13.1.12. Hefei Wide Way Mould Co., Ltd
13.1.13. Herbert Maschinen- und Anlagenbau GmbH & Co. KG
13.1.14. Himile Mechanical Science & Technology (Shandong) Co, Ltd.
13.1.15. King Machine
13.1.16. Kohitech Tooling LLP
13.1.17. Langer GmbH & Co. KG
13.1.18. MESNAC Co., Ltd.
13.1.19. Metalcraft Solutions
13.1.20. Münch Chemie International GmbH
13.1.21. NGK FINE MOLDS, Inc.
13.1.22. PNEUFORM Hulín, Inc.
13.1.23. Shandong Haomai Machinery Technology Co., Ltd.
13.1.24. Shinko Mold Industrial Co., Ltd.
13.1.25. The Yokohama Rubber Co., Ltd,
13.1.26. Vulcan-Vulcap Industries Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. AUTOMOTIVE TIRE MOLDS MARKET RESEARCH PROCESS
FIGURE 2. AUTOMOTIVE TIRE MOLDS MARKET SIZE, 2023 VS 2030
FIGURE 3. AUTOMOTIVE TIRE MOLDS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. AUTOMOTIVE TIRE MOLDS MARKET DYNAMICS
FIGURE 7. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 10. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE TIRE MOLDS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. AUTOMOTIVE TIRE MOLDS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. AUTOMOTIVE TIRE MOLDS MARKET SHARE, BY KEY PLAYER, 2023

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