Tire Materials Market is expected to reach USD 108.9 billion by 2032 | Top Companies - Lanxess, Cabot Corporation, Phillips Carbon Black Limited.

Market Size and Growth:

The Global Tire Materials Market Size reached USD 98 billion in 2024 and is expected to reach USD 108.9 billion by 2032, growing with a CAGR of 3.6% during the forecast period 2025-2032.

Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/tire-materials-market?sz

The Tire Materials Market comprises natural and synthetic rubbers, fillers, reinforcing fabrics, chemicals, and advanced composites used in manufacturing tires that enhance durability, performance, safety, and fuel efficiency. It covers the development, production, and supply of materials optimized for tread, sidewall, and inner liners, driven by automotive demand, sustainability trends, and innovations in lightweight and high-performance compounds.

United States: Recent Developments of Tire Materials Market

✅ November 2025: U.S. Tire Manufacturers Association forecasted total tire shipments at 337.4 million units for 2025, slightly above 2024 levels, driven by stable replacement demand for tires reliant on key materials like natural and synthetic rubber.​

✅ November 2025: Point S launched its first own-branded truck tire range, marking expansion into manufacturing and increasing demand for specialized tire materials in commercial vehicles.​

✅ October 2025: Goodyear reported Q3 results with Americas tire unit volume down 6.5%, attributed to high inventories of imported products, impacting material usage in replacement tires.​

Europe: Recent Developments of Tire Materials Market

✅ November 2025: Continental AG posted strong Q3 tire sales of €3.5 billion with 14.3% EBIT margin, fueled by replacement demand and winter tire starts, boosting rubber compound consumption.​

✅ October 2025: Nokian Tyres launched Seasonproof 2 all-season tires using up to 38% renewable and recycled materials from its zero-CO2 factory in Romania.​

✅ September 2025: Continental prioritized renewable and recycled materials in tire production while investing in pyrolysis technology for sustainable rubber sourcing.​

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/tire-materials-market?sz

Major Players:

Key companies in the Tire Materials market include:

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

Market Growth Drivers:

Rising demand for fuel-efficient tires driven by environmental concerns and regulations, reducing CO2 emissions and improving vehicle performance.​

Growth in electric vehicle adoption requiring specialized tire materials for higher torque, lower rolling resistance, and enhanced durability.​

Shift toward sustainable and eco-friendly materials, including bio-based rubber, recycled content, and advanced silica fillers to meet regulatory and consumer demands.

Segments Covered in the Tire Materials Market:

By Type: Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, Textile Reinforcements.

By Vehicle Type: Passenger Cars, Buses, Heavy Trucks, Lightweight Commercial Vehicles (LCV).

Regional Analysis for Tire Materials 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)

Buy Now & Get 30% OFF - Grab 50% OFF on 2+ reports: https://www.datamintelligence.com/buy-now-page?report=tire-materials-market

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Tire Materials market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Tire Materials Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Tire Materials market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Tire Materials Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Unlimited Insights. One Subscription: https://www.datamintelligence.com/reports-subscription

Industry Related Reports:

Tire Pressure Monitoring Systems Market: https://www.datamintelligence.com/download-sample/tire-pressure-monitoring-systems-market?sz

Advanced Tire Market: https://www.datamintelligence.com/download-sample/advanced-tire-market?sz

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Tire Materials market?

➠ Who are the global key manufacturers of the Tire Materials Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Tire Materials market opportunities and threats faced by the vendors in the global Tire Materials Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Tire Materials market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
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.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.