Press release
Global Tire Curing Press Market Projected to Surpass $1.59 Billion by 2029 with 5.2% Annual Growth
Tire Curing Press Market
What market dynamics are playing a key role in accelerating the growth of the tire curing press market?
The increasing production of automobiles is set to drive the tire curing press market. Automobile manufacturing involves assembling various components through welding, painting, and final assembly. The surge in vehicle production is attributed to technological advancements, rising consumer demand, globalization of the automotive market, infrastructure investments, and supportive government policies. Tire curing presses are essential for ensuring high-quality, durable tires while enhancing manufacturing efficiency and cost-effectiveness. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), global vehicle production reached 84.83 million units in 2022, marking a 6% increase from 2021's 80 million units. This growth underscores the industry's resilience and supports the expansion of the tire curing press market.
Get Your Tire Curing Press Market Report Here:
https://www.thebusinessresearchcompany.com/report/tire-curing-press-global-market-report
How will the growth rate of the tire curing press market shape industry trends by 2034?
The tire curing press market has witnessed notable growth. It is forecasted to grow from $1.22 billion in 2024 to $1.29 billion in 2025, with a CAGR of 5.6%. The past growth can be attributed to increasing demand in non-tire applications, expansion in the automotive industry, tire manufacturing advancements, sustainability trends, environmental regulations, and overall economic growth.
The tire curing press market is expected to expand significantly, growing to $1.59 billion by 2029 with a CAGR of 5.2%. Key factors fueling this growth include the rising demand for durable tires, increasing adoption of tire recycling, growing acceptance of green tire technology, rising investments in tire manufacturing, and the increased use of rubber additives. Major trends shaping the industry include technological advancements, innovations in tire curing press designs and production, the development of new curing press technologies, and the integration of robotic systems.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16554&type=smp
What trends are poised to drive the future success of the tire curing press market?
Leading companies in the tire curing press market are focused on developing innovative technologies, such as energy-efficient tire retreading, aimed at significantly reducing energy consumption compared to traditional curing presses. Energy efficiency in tire retreading involves optimizing equipment, processes, and material selection to minimize energy use, reduce costs, and lower environmental impact. For instance, in March 2024, Cima Impianti S.p.A., an Italy-based manufacturer of automatic curing presses, launched the Ecoline press range. It provides precise control, versatility, durability, and advanced safety features that improve manufacturing processes, increase productivity, and reduce operational costs in tire retreading. The ECOLINE press is also compatible with products from different brands, allowing retreaters to use existing molds designed for other brands within its adaptable cavity.
Which primary segments of the tire curing press market are driving growth and industry transformations?
The tire curing press market covered in this report is segmented -
1) By Type: Mechanical Curing Press, Hydraulic Curing Press, Hybrid Curing Press
2) By Mold: Two-piece Mold, Segmental Mold
3) By End Use: Passenger Car Tire, Commercial Vehicle Tire
Subsegments:
1) By Mechanical Curing Press: Single Press Machines, Double Press Machines, Multi-Press Machines, Vertical Mechanical Curing Press, Horizontal Mechanical Curing Press
2) By Hydraulic Curing Press: Single Station Hydraulic Curing Press, Multi-Station Hydraulic Curing Press, Vertical Hydraulic Curing Press, Horizontal Hydraulic Curing Press, Electric Or Hydraulic Hybrid Presses
3) By Hybrid Curing Press, Electric-Hydraulic Hybrid Curing Press, Mechanical-Hydraulic Hybrid Curing Press
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16554
Which geographical regions are pioneering growth in the tire curing press market?
Asia-Pacific was the largest region in the tire curing press market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the tire curing press market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the tire curing press market landscape?
Major companies operating in the tire curing press market are Mitsubishi Heavy Industries Machinery Systems Ltd., Larsen and Toubro Limited, SICK AG, Himile Mechanical Science and Technology Co. Ltd., ContiTech AG, Tianjin Saixiang Technology Co. Ltd., McNeil and NRM Inc., Uzer Makina Ve Kalip A.S., Harburg-Freudenberger Maschinenbau GmbH, Doublestar Corporation, Cima Impianti Spa, Rogers Industrial Products Inc., HERBERT Maschinenbau GmbH and Co. KG, Greatoo Intelligent Equipment Inc., Specific Engineering Corporation Private Limited, All Well Industry Co. Ltd., Alfred Herbert Ltd., LingLong Americas Inc., Jing Day Machinery Industrial Co Ltd., Gold Hawk Machinery Co. Ltd., Qingdao Yahua Machinery Co. Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=16554&type=smp
What Is Covered In The Tire Curing Press Global Market Report?
•Market Size Forecast: Examine the tire curing press market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the tire curing press market for a structured understanding.
•Key Players Overview: Analyze major players in the tire curing press market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the tire curing press market.
•Segment Contributions: Evaluate how different segments drive overall growth in the tire curing press market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the tire curing press market.
•Industry Challenges: Identify potential risks and obstacles affecting the tire curing press market.
•Competitive Landscape: Review strategic developments in the tire curing press market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.
Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Tire Curing Press Market Projected to Surpass $1.59 Billion by 2029 with 5.2% Annual Growth here
News-ID: 3940469 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Curing
Epoxy Curing Agent Market 2021 Analysis and Research on Chemical Segment- Atul L …
Global Epoxy Curing Agent Market 2021-2025 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Epoxy Curing Agent market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Epoxy Curing Agent…
Global Concrete Curing Compounds Market, By Type (Synthetic Resin Curing Compoun …
Global “Concrete Curing Compounds Market” research report covers an introduction of Concrete Curing Compounds Industry which will guide the companies role-play within the Concrete Curing Compounds Industry to know the market and create the strategies for their business growth accordingly. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Concrete Curing Compounds market structure.
Get Sample Copy…
UV Curing Systems Market: Increasing demand of UV LED based curing over conventi …
The global UV curing system market accounted for US$ 1,163.4 Mn in 2017 and is expected to grow at a CAGR of 9.6% during the forecast period 2018 – 2025, to account for US$ 2,409.8 Mn by 2025.
The UV curing system market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. UV Curing systems…
Epoxy Curing Agents Market Report 2018: Segmentation by Type (Amine-Based Curing …
Global Epoxy Curing Agents market research report provides company profile for Evonik Industries (Germany), Hexion Inc. (US), Huntsman Corporation (US), Cardolite Corporation (US), BASF S.E. (Germany), Cardolite Corporation (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Drying Curing Equipment Market Report 2018: Segmentation by Product (UV Drying C …
Global Drying Curing Equipment market research report provides company profile for Lumen Dynamics, Miltec, Nordson, AMS, Kyocera, Panasonic, IST METZ, Heraeus, GEW, Phoseon and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report…
Folex endorse GEW UV curing technology
Folex Coating GmbH in Cologne, Germany have added UV curing capability to their principal coating line.
Folex is a coating and finishing specialist converting a wide variety of films and foils for offset, gravure and inkjet printing applications and the electronics industry.
In 2016 Folex installed a UV curing station on their principal coating line and integrated a GEW-made 170cm-wide NUVA2 UV system with an 18kW RHINO electronic power supply. The UV…
