Global Tire Reinforcement Market Research Report 2023(Status and Outlook)
Report Overview
Reinforced tires are rigid, offer stability, better traction, greater adhesion properties, and are more resistant to mechanical damage. Besides the capability to carry the extra load, these tires have a longer life than normal tires and are not prone to internal damages. Reinforced tires have more usage in vans, trucks, estate cars, sports cars, and delivery vehicles as they can withstand higher pressure and increased load capacity.
Several reinforcement materials used in tires include steel cord fabric, steel bead wire, polyester cord fabric, rayon cord fabric, aramid cord fabric, nylon cord fabric, and other materials. These materials confer structural, mechanical, and physical properties to tires. The latest development in the market is the growing demand for eco-friendly tires, which has compelled vendors to shift towards the usage of natural and recycled materials like ground rubber, orange oil, and low-aromatic oils to manufacture tires.
The Global Tire Reinforcement Market Size was estimated at USD 12170.00 million in 2022 and is projected to reach USD 15172.20 million by 2029, exhibiting a CAGR of 3.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Tire Reinforcement market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Tire Reinforcement Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Tire Reinforcement market in any manner.
Global Tire Reinforcement Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Market Segmentation (by Type)
Steel
Polyester
Rayon
Nylon
Market Segmentation (by Application)
BFSI
IT
Government
Healthcare
Industrial & Manufacturing
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Tire Reinforcement Market
Overview of the regional outlook of the Tire Reinforcement Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Tire Reinforcement
- 1.2 Key Market Segments
- 1.2.1 Tire Reinforcement Segment by Type
- 1.2.2 Tire Reinforcement Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Tire Reinforcement Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Tire Reinforcement Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Tire Reinforcement Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Tire Reinforcement Market Competitive Landscape
- 3.1 Global Tire Reinforcement Sales by Manufacturers (2018-2023)
- 3.2 Global Tire Reinforcement Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Tire Reinforcement Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Tire Reinforcement Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Tire Reinforcement Sales Sites, Area Served, Product Type
- 3.6 Tire Reinforcement Market Competitive Situation and Trends
- 3.6.1 Tire Reinforcement Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Tire Reinforcement Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Tire Reinforcement Industry Chain Analysis
- 4.1 Tire Reinforcement Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Tire Reinforcement Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Tire Reinforcement Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Tire Reinforcement Sales Market Share by Type (2018-2023)
- 6.3 Global Tire Reinforcement Market Size Market Share by Type (2018-2023)
- 6.4 Global Tire Reinforcement Price by Type (2018-2023)
- 7 Tire Reinforcement Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Tire Reinforcement Market Sales by Application (2018-2023)
- 7.3 Global Tire Reinforcement Market Size (M USD) by Application (2018-2023)
- 7.4 Global Tire Reinforcement Sales Growth Rate by Application (2018-2023)
- 8 Tire Reinforcement Market Segmentation by Region
- 8.1 Global Tire Reinforcement Sales by Region
- 8.1.1 Global Tire Reinforcement Sales by Region
- 8.1.2 Global Tire Reinforcement Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Tire Reinforcement Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Tire Reinforcement Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Tire Reinforcement Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Tire Reinforcement Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Tire Reinforcement Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Bekaert
- 9.1.1 Bekaert Tire Reinforcement Basic Information
- 9.1.2 Bekaert Tire Reinforcement Product Overview
- 9.1.3 Bekaert Tire Reinforcement Product Market Performance
- 9.1.4 Bekaert Business Overview
- 9.1.5 Bekaert Tire Reinforcement SWOT Analysis
- 9.1.6 Bekaert Recent Developments
- 9.2 Kolon Industries
- 9.2.1 Kolon Industries Tire Reinforcement Basic Information
- 9.2.2 Kolon Industries Tire Reinforcement Product Overview
- 9.2.3 Kolon Industries Tire Reinforcement Product Market Performance
- 9.2.4 Kolon Industries Business Overview
- 9.2.5 Kolon Industries Tire Reinforcement SWOT Analysis
- 9.2.6 Kolon Industries Recent Developments
- 9.3 Toray Industries
- 9.3.1 Toray Industries Tire Reinforcement Basic Information
- 9.3.2 Toray Industries Tire Reinforcement Product Overview
- 9.3.3 Toray Industries Tire Reinforcement Product Market Performance
- 9.3.4 Toray Industries Business Overview
- 9.3.5 Toray Industries Tire Reinforcement SWOT Analysis
- 9.3.6 Toray Industries Recent Developments
- 9.4 Milliken andamp; Company
- 9.4.1 Milliken andamp; Company Tire Reinforcement Basic Information
- 9.4.2 Milliken andamp; Company Tire Reinforcement Product Overview
- 9.4.3 Milliken andamp; Company Tire Reinforcement Product Market Performance
- 9.4.4 Milliken andamp; Company Business Overview
- 9.4.5 Milliken andamp; Company Tire Reinforcement SWOT Analysis
- 9.4.6 Milliken andamp; Company Recent Developments
- 9.5 CORDENKA
- 9.5.1 CORDENKA Tire Reinforcement Basic Information
- 9.5.2 CORDENKA Tire Reinforcement Product Overview
- 9.5.3 CORDENKA Tire Reinforcement Product Market Performance
- 9.5.4 CORDENKA Business Overview
- 9.5.5 CORDENKA Tire Reinforcement SWOT Analysis
- 9.5.6 CORDENKA Recent Developments
- 9.6 Tokusen Kogyo
- 9.6.1 Tokusen Kogyo Tire Reinforcement Basic Information
- 9.6.2 Tokusen Kogyo Tire Reinforcement Product Overview
- 9.6.3 Tokusen Kogyo Tire Reinforcement Product Market Performance
- 9.6.4 Tokusen Kogyo Business Overview
- 9.6.5 Tokusen Kogyo Recent Developments
- 10 Tire Reinforcement Market Forecast by Region
- 10.1 Global Tire Reinforcement Market Size Forecast
- 10.2 Global Tire Reinforcement Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Tire Reinforcement Market Size Forecast by Country
- 10.2.3 Asia Pacific Tire Reinforcement Market Size Forecast by Region
- 10.2.4 South America Tire Reinforcement Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Tire Reinforcement by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Tire Reinforcement Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Tire Reinforcement by Type (2024-2029)
- 11.1.2 Global Tire Reinforcement Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Tire Reinforcement by Type (2024-2029)
- 11.2 Global Tire Reinforcement Market Forecast by Application (2024-2029)
- 11.2.1 Global Tire Reinforcement Sales (K MT) Forecast by Application
- 11.2.2 Global Tire Reinforcement Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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