Pune, India -- (SBWire) -- 07/27/2018 --This report focuses on Tire Material Market in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The research provides an extensive analysis of key manufactures operating in the Global Tire Material Market. Key manufacturers analyzed in the study are China Petroleum & Chemical Co., Ltd., Shell, Chevron, Nynas AB, PetroChina, Ralson Goodluck Carbon Pvt. Ltd. and others. Production, revenue, average price of products, and gross margin for 2018.
Market Analysis
The Global Tire Material Market is expected to reach USD 103.37 billion by 2025, from USD 73.98 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Tire Material Market, By Type (Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, Textile Reinforcements, Others), By Vehicle Type (Passenger Cars, Trucks, Buses, Agricultural Vehicles, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025.
Competitive Landscape
The global tire material market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tire material market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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TABLE OF CONTENTS
- Introduction
- MARKET SEGMENTATION
- Market Overview
- Drivers
- Restraints
- OPPORTUNITIES
- CHALLENGES
- EXECUTIVE SUMMARY
- premium insights
- Global Tire Material Market, by Type
- Global Tire Material Market, by Vehicle Type
- Global Tire Material Market, by geography
- Overview
- North America
- Europe
- Asia-Pacific
- south America
- Middle East and Africa
- Global Tire Material Market, Competitive Analysis
- company profiles
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Market Segmentation: Global Tire Material Market
By Type
- Elastomers
- Reinforcing Fillers
- Plasticizers
- Chemicals
- Metal Reinforcements
- Textile Reinforcements
- Others
By Vehicle Type
- Passenger Cars
- Trucks
- Mining & construction
- Buses
- Agricultural vehicles
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Market Drivers & Market Restraint: Global Tire Material Market
- Growth in the automotive industry
- Improvement in rubber chemistry and tier design
- Rising demand from developing countries
- Continuous change in raw material prices
- Strict government regulation regarding road safety
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Global Tire Material Market Analysis, Growth Rate, Top Vendors, Latest Trends and Future Growth Prospects 2024 and Market Is Expected to Reach USD 103.37 Billion by 2025
Global Tire Material Market is expected to reach USD 103.37 billion by 2025, from USD 73.98 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025.