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Retread Tires-Global Market Insights and Sales Trends 2025
Synopsis
Retreading is a re-manufacturing process through which old and worn out tire treads are replaced by new ones. Retreading is applied to casings of old tires after inspection. Retreading of tires costs at least 40% less than the cost of a new tire. The cost effectiveness offered by Retread tires is one of the primary factors driving market growth, which is further supplemented by the robust growth of the transportation industry. Furthermore, retread tires and tire retreading are environment-friendly solutions and hence, are witnessing support from various regulating bodies encouraging the use of retread tires.
The global Retread Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Retread Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Retread Tires market. Pre Cure Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mold Cure Process segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Retread Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Retread Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Retread Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Retread Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Retread Tires covered in this report include Tire Recappers, Canton Bandag Tire Co, New England Truck Tire Centers, Marangoni and Southside Tire, etc.
The global Retread Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tire Recappers
Canton Bandag Tire Co
New England Truck Tire Centers
Marangoni
Southside Tire
Global Retread Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Retread Tires market, Segment by Type:
Pre Cure Process
Mold Cure Process
Global Retread Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Retread Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Retread Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Retreading is a re-manufacturing process through which old and worn out tire treads are replaced by new ones. Retreading is applied to casings of old tires after inspection. Retreading of tires costs at least 40% less than the cost of a new tire. The cost effectiveness offered by Retread tires is one of the primary factors driving market growth, which is further supplemented by the robust growth of the transportation industry. Furthermore, retread tires and tire retreading are environment-friendly solutions and hence, are witnessing support from various regulating bodies encouraging the use of retread tires.
The global Retread Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Retread Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Retread Tires market. Pre Cure Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mold Cure Process segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Retread Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Retread Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Retread Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Retread Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Retread Tires covered in this report include Tire Recappers, Canton Bandag Tire Co, New England Truck Tire Centers, Marangoni and Southside Tire, etc.
The global Retread Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tire Recappers
Canton Bandag Tire Co
New England Truck Tire Centers
Marangoni
Southside Tire
Global Retread Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Retread Tires market, Segment by Type:
Pre Cure Process
Mold Cure Process
Global Retread Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Retread Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Retread Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Retread Tires Market Overview
1.1 Retread Tires Product Overview
1.2 Retread Tires Market Segment by Type
1.2.1 Pre Cure Process
1.2.2 Mold Cure Process
1.3 Global Retread Tires Market Size by Type
1.3.1 Global Retread Tires Market Size Overview by Type (2018-2029)
1.3.2 Global Retread Tires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Retread Tires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Retread Tires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Retread Tires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Retread Tires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Retread Tires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Retread Tires Sales Breakdown by Type (2018-2023)
2 Global Retread Tires Market Competition by Company
2.1 Global Top Players by Retread Tires Sales (2018-2023)
2.2 Global Top Players by Retread Tires Revenue (2018-2023)
2.3 Global Top Players by Retread Tires Price (2018-2023)
2.4 Global Top Manufacturers Retread Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Retread Tires Market Competitive Situation and Trends
2.5.1 Retread Tires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Retread Tires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Retread Tires as of 2022)
2.7 Date of Key Manufacturers Enter into Retread Tires Market
2.8 Key Manufacturers Retread Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Retread Tires Status and Outlook by Region
3.1 Global Retread Tires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Retread Tires Historic Market Size by Region
3.2.1 Global Retread Tires Sales in Volume by Region (2018-2023)
3.2.2 Global Retread Tires Sales in Value by Region (2018-2023)
3.2.3 Global Retread Tires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Retread Tires Forecasted Market Size by Region
3.3.1 Global Retread Tires Sales in Volume by Region (2024-2029)
3.3.2 Global Retread Tires Sales in Value by Region (2024-2029)
3.3.3 Global Retread Tires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Retread Tires by Application
4.1 Retread Tires Market Segment by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Retread Tires Market Size by Application
4.2.1 Global Retread Tires Market Size Overview by Application (2018-2029)
4.2.2 Global Retread Tires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Retread Tires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Retread Tires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Retread Tires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Retread Tires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Retread Tires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Retread Tires Sales Breakdown by Application (2018-2023)
5 North America Retread Tires by Country
5.1 North America Retread Tires Historic Market Size by Country
5.1.1 North America Retread Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Retread Tires Sales in Volume by Country (2018-2023)
5.1.3 North America Retread Tires Sales in Value by Country (2018-2023)
5.2 North America Retread Tires Forecasted Market Size by Country
5.2.1 North America Retread Tires Sales in Volume by Country (2024-2029)
5.2.2 North America Retread Tires Sales in Value by Country (2024-2029)
6 Europe Retread Tires by Country
6.1 Europe Retread Tires Historic Market Size by Country
6.1.1 Europe Retread Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Retread Tires Sales in Volume by Country (2018-2023)
6.1.3 Europe Retread Tires Sales in Value by Country (2018-2023)
6.2 Europe Retread Tires Forecasted Market Size by Country
6.2.1 Europe Retread Tires Sales in Volume by Country (2024-2029)
6.2.2 Europe Retread Tires Sales in Value by Country (2024-2029)
7 Asia-Pacific Retread Tires by Region
7.1 Asia-Pacific Retread Tires Historic Market Size by Region
7.1.1 Asia-Pacific Retread Tires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Retread Tires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Retread Tires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Retread Tires Forecasted Market Size by Region
7.2.1 Asia-Pacific Retread Tires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Retread Tires Sales in Value by Region (2024-2029)
8 Latin America Retread Tires by Country
8.1 Latin America Retread Tires Historic Market Size by Country
8.1.1 Latin America Retread Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Retread Tires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Retread Tires Sales in Value by Country (2018-2023)
8.2 Latin America Retread Tires Forecasted Market Size by Country
8.2.1 Latin America Retread Tires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Retread Tires Sales in Value by Country (2024-2029)
9 Middle East and Africa Retread Tires by Country
9.1 Middle East and Africa Retread Tires Historic Market Size by Country
9.1.1 Middle East and Africa Retread Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Retread Tires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Retread Tires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Retread Tires Forecasted Market Size by Country
9.2.1 Middle East and Africa Retread Tires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Retread Tires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tire Recappers
10.1.1 Tire Recappers Company Information
10.1.2 Tire Recappers Introduction and Business Overview
10.1.3 Tire Recappers Retread Tires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tire Recappers Retread Tires Products Offered
10.1.5 Tire Recappers Recent Development
10.2 Canton Bandag Tire Co
10.2.1 Canton Bandag Tire Co Company Information
10.2.2 Canton Bandag Tire Co Introduction and Business Overview
10.2.3 Canton Bandag Tire Co Retread Tires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Canton Bandag Tire Co Retread Tires Products Offered
10.2.5 Canton Bandag Tire Co Recent Development
10.3 New England Truck Tire Centers
10.3.1 New England Truck Tire Centers Company Information
10.3.2 New England Truck Tire Centers Introduction and Business Overview
10.3.3 New England Truck Tire Centers Retread Tires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 New England Truck Tire Centers Retread Tires Products Offered
10.3.5 New England Truck Tire Centers Recent Development
10.4 Marangoni
10.4.1 Marangoni Company Information
10.4.2 Marangoni Introduction and Business Overview
10.4.3 Marangoni Retread Tires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Marangoni Retread Tires Products Offered
10.4.5 Marangoni Recent Development
10.5 Southside Tire
10.5.1 Southside Tire Company Information
10.5.2 Southside Tire Introduction and Business Overview
10.5.3 Southside Tire Retread Tires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Southside Tire Retread Tires Products Offered
10.5.5 Southside Tire Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Retread Tires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Retread Tires Industrial Chain Analysis
11.4 Retread Tires Market Dynamics
11.4.1 Retread Tires Industry Trends
11.4.2 Retread Tires Market Drivers
11.4.3 Retread Tires Market Challenges
11.4.4 Retread Tires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Retread Tires Distributors
12.3 Retread Tires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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