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Tire Chemicals Market, Global Outlook and Forecast 2024-2030

Tire Chemicals Market, Global Outlook and Forecast 2024-2030

  • Published on : 19 January 2024
  • Pages :165
  • Report Code:SMR-7886241

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Report overview

The global Tire Chemicals market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period.

The USA market for Global Tire Chemicals market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Tire Chemicals market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Tire Chemicals market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

This research report provides a comprehensive analysis of the Tire Chemicals market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Tire Chemicals market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Tire Chemicals, challenges faced by the industry, and potential opportunities for market players.
The global Tire Chemicals market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Tire Chemicals market presents opportunities for various stakeholders, including Bicycles, Motorcycles. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Tire Chemicals market. Additionally, the growing consumer demand present avenues for market expansion.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ?131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ?15.89 billion.
Key Features:
The research report on the Tire Chemicals market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Tire Chemicals market.
Market Overview: The report provides a comprehensive overview of the Tire Chemicals market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Natural Rubber, Synthetic Rubber), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Tire Chemicals market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Tire Chemicals market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Tire Chemicals market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Tire Chemicals market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Tire Chemicals market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Tire Chemicals market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Tire Chemicals, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Tire Chemicals market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Tire Chemicals market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
  • Natural Rubber
  • Synthetic Rubber
  • Carbon Black
  • Plasticizers
  • Synthetic Textiles
  • Other
Market segment by Application
  • Bicycles
  • Motorcycles
  • Automotives
  • Other
Global Tire Chemicals Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
  • BASF SE
  • Cabot Corporation
  • ExxonMobil Corporation
  • Yokohama Rubber Co., Ltd.
  • Evonik Industries AG
  • Eastman Chemicals
  • Birla Carbon
  • Eastman Chemicals
  • Emery Oleochemicals Group
  • Jiangxi Black Cat Carbon Black, Ltd.
  • LANXESS
  • Oriental Carbon & Chemicals Ltd
  • Orion Engineered Carbon
  • Phillips Carbon Black Limited
  • Saudi Arabia Basic Industries Corporation
  • Shikoku Chemicals Corporation
  • Sinochem International
  • Sinopec Corporation
  • Sri Trang Agro-industry Public Company Limited
  • Sumitomo Chemicals
  • U.S. Zinc Corporation
  • Von Bundit
  • Zochem

Outline of Major Chapters:
Chapter 1: Introduces the definition of Tire Chemicals, market overview.
Chapter 2: Global Tire Chemicals market size in revenue and volume.
Chapter 3: Detailed analysis of Tire Chemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Tire Chemicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tire Chemicals capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.