Tire Chemicals Market Share, Size & Competitive Landscape Report 2030

 


Global Tire Chemicals Market Size & Insights

The Global Tire Chemicals Market size is valued at around USD 80 billion in 2024 and is projected to reach USD 110 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2025-30.

The Tire Chemicals Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Tire Chemicals. 

What are the Key DROs in the Global Tire Chemicals Market?

Expanding Automobile Industry – Globally, the disposable income of individuals is growing, which is resulting in rising sales of vehicles. The logistics requirements owing to augmenting e-commerce have also stimulated the sales of commercial vehicles. All these driving factors of the automobile industry are ultimately creating the demand for tire chemicals. Easy financing solutions also increase the sale of vehicles by providing loans, EMIs, etc. The transportation industry is expanding due to the rising trend of rental services. Moreover, the global sale of automobile vehicles has increased to 92.74 million units in 2023 from 82.71 million units in 2022, as per the facts provided by the OICA. Further, from the total sale of vehicles in 2023, 65.27 million units were of passenger cars, while 27.45 million units were of commercial vehicles. Thus, every year, the expanding automobile industry creates the demand for more and more tires, which ultimately keeps the demand for tire chemicals higher and helps in the growth of the Global Tire Chemicals Market.

What are the Key Segments in the Tire Chemicals Market?

The Tire Chemicals is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

-By Application Type

  • Automobile Tires
  • Others (Aircraft Tires, Marine Tires, etc.)

The global tire chemicals industry is bifurcated into automobile vehicles and others including aircraft & marine tires.

Boost Your Company's Decisions by Getting a Free Sample Right Away-   https://www.marknteladvisors.com/query/request-sample/global-tire-chemicals-market.html

-By Chemical Type

  • Chemical Type
  • Rubbers
  • Antioxidants
  • Antiozonants
  • Fillers
  • Vulcanization Chemicals

Of all the important chemical types, the largest market share is held by the Rubbers, accounting for more than 50% share.

How does geographical analysis highlight in the Saudi Arabia Online Grocery Delivery market?

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific- Market Size & Forecast 2020-2030, Thousand Tons

Asia-Pacific holds the largest market share in the Global Tire Chemicals Market, from all the major leading regions. It contributes approximately 60% to the Global Tire Chemicals Market.

Who are the Key Players in Tire Chemicals Market?

  • Birla Carbon
  • Von Bunditt Company Ltd.
  • Cabot Corporation
  • Sinochem International
  • Evonik Industries AG
  • Phillips Carbon Black Limited
  • Eastman Chemicals Company
  • Sumitomo Chemical Company Limited
  • Orion Engineered Carbon S.A
  • Lanxess AG
  • BASF
  • Solvay SA/NV
  • ExxonMobil Corporation
  • Emery OleoChemicals
  • Arkema Chemicals Pvt. Ltd.
  • Others

Browse Full Reports - https://www.marknteladvisors.com/research-library/global-tire-chemicals-market.html

Tire Chemicals Market News

2024: Birla Carbon announced the construction of two new carbon black plants in Niadupet, Andhra Pradesh, India, and Rayong, Thailand.

Key pillars of the research methodology include:

  • Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
  • Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
  • Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
  • Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

  • In-depth Market Analysis: Understand trends and dynamics shaping growth.
  • Segmented Insights: Target specific segments for focused strategies.
  • Geographical Performance: Assess market opportunities by geographic area.
  • Emerging Technologies: Discover advancements like AI integration.
  • Risk Identification: Pinpoint challenges to inform strategic planning.
  • Future Forecasts: Prepare for market changes with actionable projections.

Gain exclusive access to our comprehensive insights on the Future of Tire Chemicals Market. With tailored licensing options, including Mini Report Pack, Excel Data Pack, Single User, Multiuser, and Enterprise Packs, our research empowers organizations to navigate dynamic market trends effectively.

Select a License That Matches Your Business Requirements with Instant Offer - https://www.marknteladvisors.com/pricing/global-tire-chemicals-market.html

Our Trusted Experts Are Here to Help:

At MarkNtel Advisors, we are committed to delivering data-driven insights and strategic intelligence that empower your business decisions. Whether you have a question, need customized research, or want to explore partnership opportunities, our team is here to support you every step of the way.

Reach Us:

MarkNtel Advisors

Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Visit our Website: https://www.marknteladvisors.com

Others Reports:

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

UAE Facility Management Market Statistics, Value & Scope 2030

Image
  Overview of the UAE Facility Management Market: The  UAE Facility Management Market  reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions. What will be the market size of UAE Facility Management market 2030? The  UAE Facility Management Market  size was valued at around  USD 18.29 billion in 2024  and is expected to ...
Lire la suite

Saudi Arabia Polyvinyl Chloride (PVC) Market Outlook: Size, Share, and Competitive Trends 2028

Image
Overview of the Saudi Arabia Polyvinyl Chloride (PVC) Industry: The  Saudi Arabia Polyvinyl Chloride (PVC) market   is projected to experience substantial growth between 2023 and 2028, driven by digital transformation, innovation in service delivery, and expanding demand. With a forecasted  CAGR  of  4.5%  during the forecast period, ie,  2023-28. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions. Market Size & Forecast (2023–2028) Base Year:  2022 Forecast Period:  2023-28 Estimated CAGR (2023-28):  4.5% Key Market Driver (What's Driving Saudi Arabia Polyvinyl Chloride (PVC) Sector Growth?) Surging Construction of Residential Building to Lead the Market Growth  – During the historical period, the residential sector experienced notable growth due to the increasing construction of ho...
Lire la suite

Turkey Tire Market Forecast, and Industry Overview 2027

Image
  Overview of the Turkey Tire Industry: The Turkey Tire Market   is projected to experience substantial growth between 2022 and 2027, driven by digital transformation, innovation in service delivery, and expanding demand. With a forecasted CAGR of 3.45% during the forecast period, ie, 2022-27. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions. Market Size & Forecast (2022–2027) Base Year:  2021 Forecast Period:  2022-27 Estimated CAGR (2022-27):  3.45% Key Market Driver (What's Driving Turkey Tire Sector Growth?) Swift Expansion of the Commercial Sector - With rapid infrastructural developments, Turkey is witnessing a swift expansion of its commercial sector, exhibiting the construction of hospitals, hotels, educational institutions, office spaces, among others. It, in turn, is boosting the demand for heav...
Lire la suite