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Global Tire Reinforcement Market Research Report 2024
Synopsis
Reinforced tires are rigid, offer stability, better traction, greater adhesion properties, and are more resistant to mechanical damage. Besides the capability to carry the extra load, these tires have a longer life than normal tires and are not prone to internal damages. Reinforced tires have more usage in vans, trucks, estate cars, sports cars, and delivery vehicles as they can withstand higher pressure and increased load capacity.
The global Tire Reinforcement market was valued at US$ 12170 million in 2023 and is anticipated to reach US$ 15220 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report aims to provide a comprehensive presentation of the global market for Tire Reinforcement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tire Reinforcement.
Report Scope
The Tire Reinforcement market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tire Reinforcement market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tire Reinforcement manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Segment by Type
Steel
Polyester
Rayon
Nylon
Segment by Application
Tire Cord Fabric
Tire Bead Wire
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Tire Reinforcement manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tire Reinforcement by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tire Reinforcement in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Reinforced tires are rigid, offer stability, better traction, greater adhesion properties, and are more resistant to mechanical damage. Besides the capability to carry the extra load, these tires have a longer life than normal tires and are not prone to internal damages. Reinforced tires have more usage in vans, trucks, estate cars, sports cars, and delivery vehicles as they can withstand higher pressure and increased load capacity.
The global Tire Reinforcement market was valued at US$ 12170 million in 2023 and is anticipated to reach US$ 15220 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report aims to provide a comprehensive presentation of the global market for Tire Reinforcement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tire Reinforcement.
Report Scope
The Tire Reinforcement market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tire Reinforcement market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tire Reinforcement manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Segment by Type
Steel
Polyester
Rayon
Nylon
Segment by Application
Tire Cord Fabric
Tire Bead Wire
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Tire Reinforcement manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tire Reinforcement by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tire Reinforcement in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Tire Reinforcement Market Overview
1.1 Product Definition
1.2 Tire Reinforcement Segment by Type
1.2.1 Global Tire Reinforcement Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Steel
1.2.3 Polyester
1.2.4 Rayon
1.2.5 Nylon
1.3 Tire Reinforcement Segment by Application
1.3.1 Global Tire Reinforcement Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Tire Cord Fabric
1.3.3 Tire Bead Wire
1.4 Global Market Growth Prospects
1.4.1 Global Tire Reinforcement Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Tire Reinforcement Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Tire Reinforcement Production Estimates and Forecasts (2019-2030)
1.4.4 Global Tire Reinforcement Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tire Reinforcement Production Market Share by Manufacturers (2019-2024)
2.2 Global Tire Reinforcement Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Tire Reinforcement, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Tire Reinforcement Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Tire Reinforcement Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Tire Reinforcement, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tire Reinforcement, Product Offered and Application
2.8 Global Key Manufacturers of Tire Reinforcement, Date of Enter into This Industry
2.9 Tire Reinforcement Market Competitive Situation and Trends
2.9.1 Tire Reinforcement Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tire Reinforcement Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tire Reinforcement Production by Region
3.1 Global Tire Reinforcement Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Tire Reinforcement Production Value by Region (2019-2030)
3.2.1 Global Tire Reinforcement Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Tire Reinforcement by Region (2025-2030)
3.3 Global Tire Reinforcement Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Tire Reinforcement Production by Region (2019-2030)
3.4.1 Global Tire Reinforcement Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Tire Reinforcement by Region (2025-2030)
3.5 Global Tire Reinforcement Market Price Analysis by Region (2019-2024)
3.6 Global Tire Reinforcement Production and Value, Year-over-Year Growth
3.6.1 North America Tire Reinforcement Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Tire Reinforcement Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Tire Reinforcement Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Tire Reinforcement Production Value Estimates and Forecasts (2019-2030)
4 Tire Reinforcement Consumption by Region
4.1 Global Tire Reinforcement Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Tire Reinforcement Consumption by Region (2019-2030)
4.2.1 Global Tire Reinforcement Consumption by Region (2019-2024)
4.2.2 Global Tire Reinforcement Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Tire Reinforcement Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Tire Reinforcement Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tire Reinforcement Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Tire Reinforcement Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Tire Reinforcement Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Tire Reinforcement Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Tire Reinforcement Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Tire Reinforcement Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Tire Reinforcement Production by Type (2019-2030)
5.1.1 Global Tire Reinforcement Production by Type (2019-2024)
5.1.2 Global Tire Reinforcement Production by Type (2025-2030)
5.1.3 Global Tire Reinforcement Production Market Share by Type (2019-2030)
5.2 Global Tire Reinforcement Production Value by Type (2019-2030)
5.2.1 Global Tire Reinforcement Production Value by Type (2019-2024)
5.2.2 Global Tire Reinforcement Production Value by Type (2025-2030)
5.2.3 Global Tire Reinforcement Production Value Market Share by Type (2019-2030)
5.3 Global Tire Reinforcement Price by Type (2019-2030)
6 Segment by Application
6.1 Global Tire Reinforcement Production by Application (2019-2030)
6.1.1 Global Tire Reinforcement Production by Application (2019-2024)
6.1.2 Global Tire Reinforcement Production by Application (2025-2030)
6.1.3 Global Tire Reinforcement Production Market Share by Application (2019-2030)
6.2 Global Tire Reinforcement Production Value by Application (2019-2030)
6.2.1 Global Tire Reinforcement Production Value by Application (2019-2024)
6.2.2 Global Tire Reinforcement Production Value by Application (2025-2030)
6.2.3 Global Tire Reinforcement Production Value Market Share by Application (2019-2030)
6.3 Global Tire Reinforcement Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Bekaert
7.1.1 Bekaert Tire Reinforcement Corporation Information
7.1.2 Bekaert Tire Reinforcement Product Portfolio
7.1.3 Bekaert Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Bekaert Main Business and Markets Served
7.1.5 Bekaert Recent Developments/Updates
7.2 Kolon Industries
7.2.1 Kolon Industries Tire Reinforcement Corporation Information
7.2.2 Kolon Industries Tire Reinforcement Product Portfolio
7.2.3 Kolon Industries Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Kolon Industries Main Business and Markets Served
7.2.5 Kolon Industries Recent Developments/Updates
7.3 Toray Industries
7.3.1 Toray Industries Tire Reinforcement Corporation Information
7.3.2 Toray Industries Tire Reinforcement Product Portfolio
7.3.3 Toray Industries Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Toray Industries Main Business and Markets Served
7.3.5 Toray Industries Recent Developments/Updates
7.4 Milliken & Company
7.4.1 Milliken & Company Tire Reinforcement Corporation Information
7.4.2 Milliken & Company Tire Reinforcement Product Portfolio
7.4.3 Milliken & Company Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Milliken & Company Main Business and Markets Served
7.4.5 Milliken & Company Recent Developments/Updates
7.5 CORDENKA
7.5.1 CORDENKA Tire Reinforcement Corporation Information
7.5.2 CORDENKA Tire Reinforcement Product Portfolio
7.5.3 CORDENKA Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.5.4 CORDENKA Main Business and Markets Served
7.5.5 CORDENKA Recent Developments/Updates
7.6 Tokusen Kogyo
7.6.1 Tokusen Kogyo Tire Reinforcement Corporation Information
7.6.2 Tokusen Kogyo Tire Reinforcement Product Portfolio
7.6.3 Tokusen Kogyo Tire Reinforcement Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Tokusen Kogyo Main Business and Markets Served
7.6.5 Tokusen Kogyo Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tire Reinforcement Industry Chain Analysis
8.2 Tire Reinforcement Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tire Reinforcement Production Mode & Process
8.4 Tire Reinforcement Sales and Marketing
8.4.1 Tire Reinforcement Sales Channels
8.4.2 Tire Reinforcement Distributors
8.5 Tire Reinforcement Customers
9 Tire Reinforcement Market Dynamics
9.1 Tire Reinforcement Industry Trends
9.2 Tire Reinforcement Market Drivers
9.3 Tire Reinforcement Market Challenges
9.4 Tire Reinforcement Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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