Press release
United States Tire Materials Market: EV Demand & Low Rolling Resistance Tech | Major Companies - Lanxess, Cabot Corporation, Phillips Carbon Black Limited, The Goodyear Tire and Rubber Company, Sinopec
Tire Materials Market
The Global Tire Materials Market is expected to reach growth at a Significant during the forecast period (2025-2032).
DataM Intelligence has published a new research report on "Tire Materials Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Latest M&A Activies
➣ Growth is driven by rising demand for advanced materials to improve tire performance, fuel efficiency, and reduce carbon footprint amid stringent environmental regulations.
➣ Asia-Pacific is a key growth region, with China and India expected to show strong CAGR of about 5.4% and 6.0% respectively, supported by rapid automotive sector expansion and infrastructure development.
➣ Key material types include natural rubber, synthetic rubber, carbon black, silica, and textile reinforcements, with natural rubber dominating due to its elasticity and durability.
➣ Rising adoption of bio-based and recycled materials is observed as manufacturers seek sustainable alternatives and comply with environmental legislation.
➣ Major companies actively investing in innovation and capacity expansion include Birla Carbon, Cabot Corporation, Evonik Industries, ExxonMobil, JSR Corporation, LANXESS, and Solvay.
➣ The market is influenced by trends such as electric and hybrid vehicle tire demand, lightweighting, and nanocomposite integration for enhanced performance.
➣ Recent strategic moves by companies include partnerships for sustainable material development and acquisitions to strengthen global supply chains and technology portfolios.
➣ Challenges include volatile raw material prices, supply chain disruptions, and regulatory compliance costs affecting manufacturers' profit margins.
➣ Consumer preference for high-performance tires with better wear resistance and fuel economy bolsters advanced material demand across passenger and commercial vehicle segments.
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Key Players:
Lanxess
Cabot Corporation
Phillips Carbon Black Limited
The Goodyear Tire and Rubber Company
Sinopec
Kurarey
JSR Corporation
Thai Carbon Black Public Company Limited (Birla Carbon)
Orion Engineered Carbons S.A.
Royal Dutch Shell
Key Industry Developments:
United States: Recent Industry Developments
✅ In October 2025, the Tire Recycling Foundation announced the theme for its 2026 conference - "Tread Boldly: Advancing Tire Recycling Through Collective Innovation" - highlighting the growing industry focus on circular-economy design and sustainable tire materials.
✅ In June 2025, Black Donuts launched its new material-research centre InTire Labs, an open R&D platform dedicated to sustainable bio-based and recycled raw materials for tire manufacturing, along with digitalized smart-material traceability.
✅ In April 2025, Bridgestone Americas debuted a commercial demonstration tire composed of 70 % recycled and renewable materials, targeting waste-collection fleet deployment and advancing sustainability in tire production.
✅ In March 2025, The Goodyear Tire & Rubber Company's ElectricDrive Sustainable-Material (EDS) tire won recognition for its use of over 70 % sustainable-material content, designed specifically for next-generation electric vehicles.
Japan: Recent Industry Developments
✅ In October 2025, Yokohama Rubber Co., Ltd. introduced a next-generation radial tire optimized for compact tractors and wet-field conditions, using advanced compounds that improve traction and durability in agricultural use.
✅ In September 2025, Toyo Tire Corporation launched a digital tire-monitoring system for agricultural vehicles, integrating IoT sensors to track wear, pressure, and performance to support precision-farming applications.
✅ In August 2025, Sumitomo Rubber Industries presented research on reducing tire and road-wear particle (TRWP) emissions by developing wear-resistant compounds and innovative dispersal technologies to minimize environmental impact.
✅ In July 2025, Toyo Tire Corporation released its Integrated Report 2025, emphasizing R&D toward tire compounds made with 91 % sustainable raw materials, outlining its roadmap to decarbonized and circular mobility solutions.
Growth Forecast Projected:
The Global Tire Materials Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Tire Materials Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Type: Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, Textile Reinforcements, Others
➥ By Vehicle Type: Passenger Cars, Buses, Heavy Trucks, Lightweight Commercial Vehicles (LCV)
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Tire Materials Market producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Tire Materials Market revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q1: How fast is the Tire Materials Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a Significant CAGR from 2025 to 2032
Q2: Which regions are dominating the Tire Materials Market and which are fastest-growing?
A: North America dominating the Tire Materials Market.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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