Tire Material Market Share Projections: CAGR of 5.2% Envisions Market Size of USD 125.40 billion by 2030
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Exactitude Consultancy has published a new research report on "Tire Material Market Size 2024". The report explores comprehensive and perceptive 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 prestige.
The global tire material market size is estimated to be valued at USD 79.46 billion in 2023 and is projected to reach USD 125.40 billion by 2030, recording a CAGR of 5.2%. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market".
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Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Major vendors in the Global Tire Material Market include Orion Engineered Carbons, Royal Dutch Shell, China Petroleum & Chemical Corporation, Chevron Corporation, Nynas AB, Petro China Company Limited, Exxon Mobil Corporation, SIBUR INTERNATIONAL, American Zinc Recycling LLC, PPG Industries and Ralson Goodluck Carbon and others…
Market Segmentation 2024 to 2032
Tire Material Market by Type, 2020-2030, (USD Million) (Kilotons)
Elastomers
Reinforcing Fillers
Plasticizers
Chemicals
Metal Reinforcements
Textile Reinforcements
Tire Material Market by Application, 2020-2030, (USD Million) (Kilotons)
Light-Weight Commercial Vehicles [LCVs]
Passenger Cars [Pcs]
Heavyweight Commercial Vehicles [HCVs]
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).