Tire Reinforcement Materials Market Size- By Material, By Technology, By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Tire Reinforcement Materials Market Introduction and Overview
According to SPER market research, Tire Reinforcement Materials Market – By Material, By Technology, By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Tire Reinforcement Materials Market is predicted to reach USD 25.11 billion by 2033 with a CAGR of 5.19%.
Tire reinforcing materials are often used due to their remarkable compression modulus, tensile strength, adherence to rubber, and stiffness. Beads and textile cords are two examples of these materials. The composition, cost, structure, and quantity of tire plies all influence how these materials are used. For example, steel cables are used by radial tires on cars and trucks to increase traction and produce handling force, which enhances total tire performance.
The market for tire reinforcement materials has been significantly impacted by the COVID-19 outbreak. The halt of the epidemic caused a drop in car production as well as sales for the worldwide automotive sector. The market for reinforcing materials was impacted by this decline, which in turn had an impact on tire demand. The issue was exacerbated by labor shortages, which led to manufacturing and distribution delays, lockdown procedures, and disruptions in the supply chain.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Material, By Technology, By Type, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
Bekaert, Century Enka Limited, Dupont, Glanzstoff Industries, HYOSUNG, Jiangsu Taiji Industry New Materials Co. Ltd, Kolon Industries Inc., Kordsa Teknik Tekstil AŞ, Michelin, SRF Limited, Teijin Ltd, Toray Hybrid Cord Inc., Others.
Tire Reinforcement Materials Market Segmentation:
By Material:Based on the Material, Global Tire Reinforcement Materials Market is segmented as; Steel, Polyester, Nylon, Rayon, Aramid, Others.
By Technology:Based on the Technology, Global Tire Reinforcement Materials Market is segmented as; Drawing, Melt Spinning, Solution Spinning.
By Type:Based on the End User, Global Tire Reinforcement Materials Market is segmented as; Tire Cord Fabric, Tire Bead Wire.
By Application:Based on the Application, Global Tire Reinforcement Materials Market is segmented as; Automobile Carcasses, Belt Ply, Cap Ply.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Tire Reinforcement Materials Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Tire Reinforcement Materials Market Manufacturing Base Distribution, Sales Area, Ingredients
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Tire Reinforcement Materials Market
- 7. Global Tire Reinforcement Materials Market , By Material (USD Million)
- 7.1. Global Tire Reinforcement Materials Market Value Share and Forecast, By Material 2023-2033
- 7.2. Steel
- 7.3. Polyester
- 7.4. Nylon
- 7.5. Rayon
- 7.6. Aramid
- 7.7. Others
- 8. Global Tire Reinforcement Materials Market , By Technology (USD Million)
- 8.1. Global Tire Reinforcement Materials Market Value Share and Forecast, By Technology 2023-2033
- 8.2. Drawing
- 8.3. Melt Spinning
- 8.4. Solution Spinning
- 9. Global Tire Reinforcement Materials Market , By Type (USD Million)
- 9.1. Global Tire Reinforcement Materials Market Size Value Share and Forecast, By Type 2023-2033
- 9.2. Tire Cord Fabric
- 9.3. Tire Bead Wire
- 10. Global Tire Reinforcement Materials Market, By Application (USD Million)
- 10.1. Global Tire Reinforcement Materials Market Size Value Share and Forecast, By Application 2023-2033
- 10.2. Automobile Carcasses
- 10.3. Belt Ply
- 10.4. Cap Ply
- 11. Global Tire Reinforcement Materials Market , Forecast, 2020-2033 (USD Million)
- 11.1. Global Tire Reinforcement Materials Market Size and Market Share
- 12. Global Tire Reinforcement Materials Market , By Material 2020-2033 (USD Million)
- 12.1. Global Tire Reinforcement Materials Market Size and Market Share, By Material (2020-2026)
- 12.2. Global Tire Reinforcement Materials Market Size and Market Share, By Material (2027-2033)
- 13. Global Tire Reinforcement Materials Market , By Technology 2020-2033 (USD Million)
- 13.1. Global Tire Reinforcement Materials Market Size and Market Share, By Technology (2020-2026)
- 13.2. Global Tire Reinforcement Materials Market Size and Market Share, By Technology (2027-2033)
- 14. Global Tire Reinforcement Materials Market , By Type 2020-2033 (USD Million)
- 14.1. Global Tire Reinforcement Materials Market Size and Market Share, By Type (2020-2026)
- 14.2. Global Tire Reinforcement Materials Market Size and Market Share, By Type (2027-2033)
- 15. Global Tire Reinforcement Materials Market , By Application 2020-2033 (USD Million)
- 15.1. Global Tire Reinforcement Materials Market Size and Market Share, By Application (2020-2026)
- 15.2. Global Tire Reinforcement Materials Market Size and Market Share, By Application (2027-2033)
- 16. Global Tire Reinforcement Materials Market , By Region, 2020-2033 (USD Million)
- 16.1. Global Tire Reinforcement Materials Market Size and Market Share, By Region (2020-2026)
- 16.2. Global Tire Reinforcement Materials Market Size and Market Share, By Region (2027-2033)
- 16.3. Asia-Pacific
- 16.3.1. Australia
- 16.3.2. China
- 16.3.3. India
- 16.3.4. Japan
- 16.3.5. South Korea
- 16.3.6. Rest of Asia-Pacific
- 16.4. Europe
- 16.4.1. France
- 16.4.2. Germany
- 16.4.3. Italy
- 16.4.4. Spain
- 16.4.5. United Kingdom
- 16.4.6. Rest of Europe
- 16.5. Middle East and Africa
- 16.5.1. Kingdom of Saudi Arabia
- 16.5.2. United Arab Emirates
- 16.5.3. Rest of Middle East & Africa
- 16.6. North America
- 16.6.1. Canada
- 16.6.2. Mexico
- 16.6.3. United States
- 16.7. Latin America
- 16.7.1. Argentina
- 16.7.2. Brazil
- 16.7.3. Rest of Latin America
- 17. Company Profile
- 17.1. Bekaert
- 17.1.1. Company details
- 17.1.2. Financial outlook
- 17.1.3. Product summary
- 17.1.4. Recent developments
- 17.2. Century Enka Limited.
- 17.2.1. Company details
- 17.2.2. Financial outlook
- 17.2.3. Product summary
- 17.2.4. Recent developments
- 17.3. CORDENKA GmbH & Co. KG
- 17.3.1. Company details
- 17.3.2. Financial outlook
- 17.3.3. Product summary
- 17.3.4. Recent developments
- 17.4. Dupont
- 17.4.1. Company details
- 17.4.2. Financial outlook
- 17.4.3. Product summary
- 17.4.4. Recent developments
- 17.5. FORMOSA TAFFETA CO. LTD
- 17.5.1. Company details
- 17.5.2. Financial outlook
- 17.5.3. Product summary
- 17.5.4. Recent developments
- 17.6. Glanzstoff Industries
- 17.6.1. Company details
- 17.6.2. Financial outlook
- 17.6.3. Product summary
- 17.6.4. Recent developments
- 17.7. HYOSUNG
- 17.7.1. Company details
- 17.7.2. Financial outlook
- 17.7.3. Product summary
- 17.7.4. Recent developments
- 17.8. Jiangsu Taiji Industry New Materials Co. Ltd
- 17.8.1. Company details
- 17.8.2. Financial outlook
- 17.8.3. Product summary
- 17.8.4. Recent developments
- 17.9. Kolon Industries Inc.
- 17.9.1. Company details
- 17.9.2. Financial outlook
- 17.9.3. Product summary
- 17.9.4. Recent developments
- 17.10. Kordsa Teknik Tekstil AŞ
- 17.10.1. Company details
- 17.10.2. Financial outlook
- 17.10.3. Product summary
- 17.10.4. Recent developments
- 17.11. Michelin
- 17.11.1. Company details
- 17.11.2. Financial outlook
- 17.11.3. Product summary
- 17.11.4. Recent developments
- 17.12. SRF Limited
- 17.12.1. Company details
- 17.12.2. Financial outlook
- 17.12.3. Product summary
- 17.12.4. Recent developments
- 17.13. Teijin Ltd
- 17.13.1. Company details
- 17.13.2. Financial outlook
- 17.13.3. Product summary
- 17.13.4. Recent developments
- 17.14. Toray Hybrid Cord Inc.
- 17.14.1. Company details
- 17.14.2. Financial outlook
- 17.14.3. Product summary
- 17.14.4. Recent developments
- 17.15. Others
- 18. List of Abbreviations
- 19. Reference Links
- 20. Conclusion
- 21. Research Scope
Research Assistance
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