Global Tire Retreading Market Growth 2023-2029

Global Tire Retreading Market Growth 2023-2029

Retreading is a re-manufacturing process through which old and worn out tire treads are replaced by new ones. Retreading is applied to casings of old tires after inspection.
LPI (LP Information)' newest research report, the “Tire Retreading Industry Forecast” looks at past sales and reviews total world Tire Retreading sales in 2022, providing a comprehensive analysis by region and market sector of projected Tire Retreading sales for 2023 through 2029. With Tire Retreading sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tire Retreading industry.
This Insight Report provides a comprehensive analysis of the global Tire Retreading 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 Retreading portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tire Retreading market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tire Retreading 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 Retreading.
The global Tire Retreading market size is projected to grow from US$ 5469.4 million in 2022 to US$ 6314.9 million in 2029; it is expected to grow at a CAGR of 6314.9 from 2023 to 2029.
Global Tire Retreading key players include Bridgestone, Michelin, GoodYear, Marangoni, Continental, etc. Global top five manufacturers hold a Sales Market Share over 30%. China accounts for the most Production Market Share, which have a share over 45%, followed by North America. In terms of product, Pre Cure is the largest segment, with a Sales Market Share over 90%. And in terms of application, the largest Application is Heavy Commercial Vehicles, followed by Light Commercial Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Tire Retreading market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pre Cure
Mold Cure
Segmentation by application
Heavy Commercial Vehicles
Light Commercial Vehicles
Passenger Cars
Other
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.
Bridgestone
Michelin
GoodYear
Marangoni
Continental
TreadWright

Key Questions Addressed in this Report
What is the 10-year outlook for the global Tire Retreading market?
What factors are driving Tire Retreading market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tire Retreading market opportunities vary by end market size?
How does Tire Retreading 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.