Press release
Impact Of Increasing Automobile Production On The Tire-Curing Press Market: A Significant Driver Propelling The Tire Curing Press Market In 2025
Tire Curing Press
What Is the Tire Curing Press Market Size and Projected Growth Rate?
The tire curing press market has seen strong growth in recent years. It will grow from $1.22 billion in 2024 to $1.29 billion in 2025 at a CAGR of 5.6%. This growth is attributed to the demand from non-tire applications, the expansion of the automotive industry, growth in tire manufacturing, environmental regulations, sustainability trends, and economic growth.
The tire curing press market is expected to expand steadily, reaching $1.59 billion by 2029 at a CAGR of 5.2%. Growth is driven by demand for durable tires, recycling processes, green tire innovations, manufacturing investments, and rubber additive use. Major trends include design and technology innovations, robotic integration, and advanced curing systems.
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What Are the Major Segments in the Tire Curing Press Market?
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
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What Are The Driving Tire Curing Press Market Evolution?
The increasing production of automobiles is expected to drive the growth of the tire-curing press market. Automobile production is growing due to advancements in technology, consumer demand, and supportive government policies. Tire-curing presses play a key role in ensuring the quality and durability of tires in the manufacturing process. For example, in 2023, the Organisation Internationale des Constructeurs d' Automobiles reported that global vehicle production reached 84.83 million units in 2022, reflecting a 6% year-over-year increase. This increase in automobile production is contributing to the growth of the tire-curing press market.
Which Firms Dominate The Tire Curing Press Market Segments?
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.
What Trends Are Expected to Dominate the Tire Curing Press Market in the Next 5 Years?
Companies in the tire curing press market are developing energy-efficient technologies for tire retreading. Cima Impianti S.p.A., an Italy-based manufacturer, launched the Ecoline press range in March 2024. This innovative system provides precise control, versatility, and durability, reducing energy consumption and operational costs while being compatible with products from different brands.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Tire Curing Press Market?
2. What is the CAGR expected in the Tire Curing Press Market?
3. What Are the Key Innovations Transforming the Tire Curing Press Industry?
4. Which Region Is Leading the Tire Curing Press Market?
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