Global Tire Material Market Growth 2023-2029

Global Tire Material Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Tire Material Industry Forecast” looks at past sales and reviews total world Tire Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Tire Material sales for 2023 through 2029. With Tire Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tire Material industry.

This Insight Report provides a comprehensive analysis of the global Tire Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tire Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tire Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tire Material and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tire Material.

The global Tire Material market size is projected to grow from US$ 63980 million in 2022 to US$ 75990 million in 2029; it is expected to grow at a CAGR of 75990 from 2023 to 2029.

United States market for Tire Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Tire Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Tire Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Tire Material players cover Lanxess, Cabot Corporation, Phillips Carbon Black Limited, The Goodyear Tire and Rubber Company, Sinopec, Kurarey, JSR Corporation, Thai Carbon Black Public Company Limited (Birla Carbon) and Orion Engineered Carbons S.A., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Tire Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Elastomers
Reinforcing Fillers
Plasticizers
Chemicals
Metal Reinforcements
Textile Reinforcements

Segmentation by application
Passenger Cars
Commercial Vehicle
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lanxess
Cabot Corporation
Phillips Carbon Black Limited
The Goodyear Tire and Rubber Company
Sinopec
Kurarey
JSR Corporation
Thai Carbon Black Public Company Limited (Birla Carbon)
Orion Engineered Carbons S.A.
Royal Dutch Shell
Chevron Corporation
Nynas AB
Petrochina
Exxonmobil
Sibur
Ralson Goodluck Carbon
Longxing Chemical
Phillips 66 Company
U.S. Zinc
Horsehead Corporation
Umicore SA
SRF Limited
PPG Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tire Material market?

What factors are driving Tire Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tire Material market opportunities vary by end market size?

How does Tire Material break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.