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Tire Curing Press Machine Market - How COVID19 impacting on the Industrial Automation and Machinery industry?
The global tire curing press machine market in Europe accounted for the largest market share in 2017, and expected to retain its dominance over the forecast period. This is owing to the presence of key manufacturers such as Lanxess, Evonik Industries AG, Continental Tire AG in the region, especially in Germany. Moreover, stringent government rules and regulation for reducing greenhouse emission from vehicles is one of the major factors responsible for increasing production of green tire in Europe. For instance, in April 2009, the European government passed EU Regulation No 443/2009, which states that an average CO2 emission for new passenger cars is 130 grams per kilometer and is expected to be reduced to 95 grams per kilometer by 2021. Moreover, in November 2017, the EU set an emissions target for 2020, which is 147 gram of Co2 per kilometer for light commercial vehicles. Silica and Nano materials are used for manufacturing green tires.According to a report published by SciELO, 2017, use of silica and Nano materials results in 20% reduction in rolling resistance of the tire, which in turn lowers greenhouse gas emission. Increase production of green tires, which in turn is propelling demand for tire curing press machine in Europe.
Tire Curing Press Machine Market report presents the detail analysis of the parent market based on elite players, present, past and futuristic data which will serve as a profitable guide for all the industry competitors. Top players in the industry include Larsen & Toubro Limited, Harburg-Freudenberger Maschinenbau GmbH, Mitsubishi Heavy Industries Machinery Technology Corporation, McNeil & NRM, Inc., Alfred Herbert (India) Ltd., Specific Engineering Corporation Pvt. Ltd., Rogers Industrial Products Inc., Cima Impianti S.p.a., Guilin Rubber Machinery Co., Ltd., Greatoo Intelligent, and Ling Long Tire
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Competition Landscape
The report provides critical insights related to the prominent companies operating in the Tire Curing Press Machine Market. The revenue generated, market presence, product range, and financials of each company is included in the report.
Regional Landscape
The regional landscape section of the report provides resourceful insights related to the scenario of the Tire Curing Press Machine market in different regions. Further, the market attractiveness analysis of each region provides players a clear understanding of the overall growth potential in each regional market.
End-User Analysis
The report provides an in-depth understanding of the various end-users of the Tire Curing Press Machine along with the market share, size, and revenue generated by each end-user.
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The published report explains about the current supply and demand scenario and presents the future outlook of the market in a detailed manner. It has congregated massive amount of data on the key segments of the market in an easy to understand format. The research has laid out the numbers and figures in a comprehensive manner with the help of graphical and pictorial representation which embodies more clarity on the market.
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