Global Tire Material Market Comprehensive Study Explores Huge Growth in Future and Competitive Strategies - Shell, Chevron, Nynas AB, PetroChina, Ralson Goodluck Carbon Pvt. Ltd., China Petroleum & Chemical Co., Ltd., The Goodyear Tire & Rubber Company

The countries that generate high revenue in these regions have conjointly been examined in these countries, together with comprehensive coverage and innovation. Additionally, The Global Tire Material Market Study integrates the market modules ' development conditions and definition. The worldwide market is assessed by kind, form of product, form of material, application, vertical application and end-use. The market was categorized in terms of presentation within the next piece. This applied mathematics survey analysis report conjointly mentions the presentation segments of the worldwide market. The report examines the approaching Tire Material market in North America, Europe, Asia-Pacific (APAC), the Middle East and Africa and geographic region on a regional basis. A number of analysis tools are accustomed offer a particular understanding of this market, like Porter's Five forces analysis and SWOT analysis. The report highlights vital market growth trends and dynamics, together with limitations, drivers and opportunities. The report provides information on the technological advances that are possible to occur within the coming back years or are presently going down.

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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Industry News

• In 2017, about 2.0 million new light vehicles and 130,000 medium and heavy trucks were shipped by the U.S. to more than 200 markets all around the world with additional exports of automotive parts valued almost about USD 85.6 billion.

• According to the Industrial Trade Administration, in 2017, U.S. light vehicle sales reached up to 17.1 million units.

• The above mentioned factors prove that the market for the automobile industry is growing drastically around the globe and will ultimately drive the demand for tire material.

Major Market Drivers & Market Restraint

• Growth in the automotive industry

• Continuous change in raw material prices

• Strict government regulation regarding road safety

• Improvement in rubber chemistry and tier design

• Rising demand from developing countries

Key Players

• China Petroleum & Chemical Co., Ltd.,
• Shell,
• Chevron,
• Nynas AB,
• PetroChina,
• Ralson Goodluck Carbon Pvt. Ltd.,
• LANXESS,
• Cabot Corporation,
• The Goodyear Tire & Rubber Company,
• JSR Corporation,
• Orion Engineered Carbons,
• ExxonMobil,
• SIBUR International GmbH,
• Longxing Chemical Industry Co., Ltd.,
• U.S. Zinc,
• American Zinc Recycling Corp. (formerly known as Hors,
• PPG Industries,

Umicore, Teijin Aramid, Teijin Aramid Asia Co. Ltd., Aeolus Tyre Co. Ltd., Australian Tyre Traders, Carlisle Companies Inc, DMACK Tyres, Federal Corporation, PT. Multistrada Arah Sarana, Tbk, Nokian Tyres plc, Omni United, Shandong Hengfeng Rubber & Plastic Co., Ltd., and others.

TABLE OF CONTENTS

1) Introduction
2) MARKET SEGMENTATION
3) Market Overview
• Drivers
• Restraints
• OPPORTUNITIES
• CHALLENGES
4) EXECUTIVE SUMMARY
5) premium insights
6) Global Tire Material Market, by Geography
7) company profiles

FREE | TOC Available at https://databridgemarketresearch.com/toc/?dbmr=global-tire-material-market

Market Segmentation

By Geography

• Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).

• North America (US, Canada, Mexico).

• Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.

• South America (Brazil, Argentina, Rest of South America).

• Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa

By Type

• Elastomers
• Reinforcing Fillers
• Plasticizers
• Chemicals
• Metal Reinforcements
• Textile Reinforcements
• Others

By Vehicle Type

• Passenger Cars
• Trucks
• Mining & construction
• Buses
• Agricultural vehicles
• Others

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.

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