Press release
Global Tire Material Market business development strategies and Forecast to 2025 - China Petroleum & Chemical Co., Ltd., Shell, Chevron, Nynas AB, PetroChina, Ralson Goodluck Carbon Pvt. Ltd., Carlisle Companies Inc., DMACK Tyres, Federal Corporation, Mul
Global Tire Material Market
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.
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Top Competitors of Market
• LANXESS
• Cabot Corporation.
• The Goodyear Tire & Rubber Company
• JSR Corporation
• Columbian
• China Petroleum & Chemical Corporation,
• Orion Engineered Carbons,
• Royal Dutch Shell,
• Chevron Corporation,
• Nynas AB,
• PetroChina Company Limited,
• Exxon Mobil Corporation.,
• SIBUR INTERNATIONAL,
• Ralson Goodluck Carbon,
• Longxing Chemical,
• Phillips,
• U.S. Zinc.,
• American Zinc Recycling LLC,
• PPG Industries, Inc,
• SRF Limited,
• Birla Tyres,
• Carlisle Companies Inc.,
• DMACK Tyres,
• Federal Corporation,
• Multistrada Arah Sarana,
• PT Tbk.,
• Nokian Tyres Group
Market Segments
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
FREE TOC is available at https://databridgemarketresearch.com/toc/?dbmr=global-tire-material-market
Major Market Drivers & Market Restraint
• 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
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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Related Report:
Global Styrene Butadiene Rubber Market: The Global Styrene Butadiene Rubber Market accounted for USD 8.78 billion in 2017 and is projected to grow at a CAGR of 5.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Visit Report at https://databridgemarketresearch.com/reports/global-styrene-butadiene-rubber-market/
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