PUBLISHER: TechNavio | PRODUCT CODE: 1915396
PUBLISHER: TechNavio | PRODUCT CODE: 1915396
The global automotive tire retreading services market is forecasted to grow by USD 602.1 mn during 2024-2029, accelerating at a CAGR of 3.7% during the forecast period. The report on the global automotive tire retreading services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advancements in retreading processes and tire monitoring systems, prominent tread suppliers promoting tire retreading, regulators favoring retreaded tires.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 3.5% |
| CAGR | 3.7% |
| Incremental Value | $602.1 mn |
Technavio's global automotive tire retreading services market is segmented as below:
By Technology
By Vehicle Type
By Service
Geography
This study identifies the circular economy principles and sustainability mandates as one of the prime reasons driving the global automotive tire retreading services market growth during the next few years. Also, technological advancements and heightened focus on total cost of ownership will lead to sizable demand in the market.
The report on the global automotive tire retreading services market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global automotive tire retreading services market vendors that include Aik Koon Tyre and Battery Co. Pte Ltd., Best One Tire and Service, Bridgestone Corp., Continental AG, Eastern Treads Ltd., Harsh Tyres, Indag Rubber Ltd., JK Tyre and Industries Ltd., Kal Tire, KRAIBURG AUSTRIA GmbH, MARANGONI Group., McCarthy Tire, Midas Rubber Pvt. Ltd., MRF Ltd., Nokian Tyres Plc, Pomps Tire Service Inc, Purcell Tire Wholesale Center, Santosh Tyres Pvt. Ltd., Southern Tire Mart, Tyresoles India Pvt. Ltd.. Also, the global automotive tire retreading services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.