Cover Image
Market Research Report

Global Tire Reinforcement Materials Market Forecast 2019-2027

Published by Inkwood Research Product code 557001
Published Content info 123 Pages
Delivery time: 2-3 business days
Price
Back to Top
Global Tire Reinforcement Materials Market Forecast 2019-2027
Published: February 11, 2019 Content info: 123 Pages
Description

KEY FINDINGS

The Global Tire reinforcement materials market is anticipated to increase at an estimated CAGR of 3.67 % over the forecast period of 2019-2027. The key factors for the market growth include growth in automotive industries, economic developments in the APAC region, and the enhanced properties of reinforced tires.

MARKET INSIGHTS

The global tire reinforcement materials market is segmented on the basis of materials and types. The materials segment include steel, polyester, rayon, nylon, etc. The demand for steel materials in tire reinforcements is fast gaining momentum. The market segment by type comprises of tire bead wire and tire cord fabric. The tire cord fabric segment is leading the market at present. Improved economic conditions and a growing population of younger individuals are the prime factors driving the market growth during the forecast period. The stringent government regulations, ever-changing raw material prices and excess production capabilities in China will be responsible for restraining the market growth.

REGIONAL INSIGHTS

The global tire reinforcement materials market covers the regions in North America, Asia Pacific, Europe and Rest of World. The Asia Pacific region is forecasted to grab the lion's share during 2019-2027, owing to the booming automobile industry and increase in the disposable income. The market is also a hub for major market players like JK Tires, Apollo Tires, and MRF tires. Countries like China, India & Japan are contributing majorly to the market growth. The heavy population growth and the progression in the automotive industry are expected to drive the market for tires during the forecast period.

COMPETITIVE INSIGHTS

These market players are implementing organic and inorganic strategies such as partnerships, mergers, and acquisitions, etc. for their growth. Some of the important global market players are SRF Limited, DuPont, Toray Industries Inc., Cordenka GmbH, Hyosung Corporation, Formosa Taffeta Co. Ltd., Kolon Industries Inc., Toyobo, Teijin Limited, Shinkong, Bekaert, Shenma Industrial Co. Ltd., Century Enka Limited, Kordsa Global, and Michelin.

Table of Contents
Product Code: 8116

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. INCREASE IN AUTOMOTIVE SALES ACROSS DIFFERENT SEGMENTS
    • 3.2.2. FLUCTUATING COSTS OF RAW MATERIAL
    • 3.2.3. RISE IN COMPETITION AMONG TIRE MANUFACTURERS

4. MARKET DYNAMICS

  • 4.1. MARKET SCOPE & DEFINITION
  • 4.2. MARKET DRIVERS
    • 4.2.1. GROWTH IN AUTOMOTIVE INDUSTRY
    • 4.2.2. ECONOMIC GROWTH IN ASIA PACIFIC
    • 4.2.3. ENHANCED PROPERTIES OF REINFORCED TIRES
  • 4.3. MARKET RESTRAINTS
    • 4.3.1. STRINGENT GOVERNMENT REGULATIONS
  • 4.4. MARKET OPPORTUNITIES
    • 4.4.1. EVOLUTION OF HIGH-PERFORMANCE TIRES
  • 4.5. MARKET CHALLENGES
    • 4.5.1. EVER CHANGING RAW MATERIAL PRICES
    • 4.5.2. EXCESS PRODUCTION CAPABILITIES IN CHINA

5. MARKET BY TYPE

  • 5.1. TIRE CORD FABRIC
  • 5.2. TIRE BEAD WIRE

6. MARKET BY MATERIAL

  • 6.1. STEEL
  • 6.2. POLYESTER
  • 6.3. RAYON
  • 6.4. NYLON
  • 6.5. OTHERS

7. KEY ANALYTICS

  • 7.1. PORTER'S FIVE FORCE MODEL
    • 7.1.1. THREAT OF NEW ENTRANTS
    • 7.1.2. THREAT OF SUBSTITUTE
    • 7.1.3. BARGAINING POWER OF SUPPLIERS
    • 7.1.4. BARGAINING POWER OF BUYERS
    • 7.1.5. INTENSITY OF COMPETITIVE RIVALRY
  • 7.2. OPPORTUNITY MATRIX
  • 7.3. VENDOR LANDSCAPE

8. GEOGRAPHICAL ANALYSIS

  • 8.1. NORTH AMERICA
    • 8.1.1. UNITED STATES
    • 8.1.2. CANADA
  • 8.2. EUROPE
    • 8.2.1. UNITED KINGDOM
    • 8.2.2. GERMANY
    • 8.2.3. FRANCE
    • 8.2.4. ITALY
    • 8.2.5. SPAIN
    • 8.2.6. RUSSIA
    • 8.2.7. REST OF EUROPE
  • 8.3. ASIA PACIFIC
    • 8.3.1. INDIA
    • 8.3.2. CHINA
    • 8.3.3. JAPAN
    • 8.3.4. SOUTH KOREA
    • 8.3.5. AUSTRALIA
    • 8.3.6. REST OF ASIA PACIFIC
  • 8.4. REST OF WORLD
    • 8.4.1. LATIN AMERICA
    • 8.4.2. MIDDLE EAST & AFRICA

9. COMPANY PROFILES

  • 9.1. BEKAERT
  • 9.2. CENTURY ENKA LIMITED
  • 9.3. MICHELIN
  • 9.4. FORMOSA TAFFETA CO. LTD.
  • 9.5. HYOSUNG CORPORATION
  • 9.6. SHENMA INDUSTRIAL CO. LTD.
  • 9.7. TORAY INDUSTRIES INC.
  • 9.8. KOLON INDUSTRIES INC.
  • 9.9. KORDSA GLOBAL
  • 9.10. DUPONT
  • 9.11. TEIJIN LIMITED
  • 9.12. SRF LIMITED
  • 9.13. TOYOBO
  • 9.14. CORDENKA GMBH
  • 9.15. SHINKONG

LIST OF TABLES

  • TABLE 1: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
  • TABLE 2: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)
  • TABLE 3: GLOBAL TIRE CORD FABRIC MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 4: GLOBAL TIRE BEAD WIRE MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 5: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY MATERIAL, 2019-2027, (IN $ MILLION)
  • TABLE 6: STEEL CORD FILAMENTS AND ITS TENSILE STRENGTHS
  • TABLE 7: GLOBAL STEEL TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 8: GLOBAL POLYESTER TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 9: GLOBAL RAYON TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 10: GLOBAL NYLON TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 11: GLOBAL OTHERS TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 12: OPPORTUNITY MATRIX
  • TABLE 13: VENDOR LANDSCAPE
  • TABLE 14: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
  • TABLE 15: NORTH AMERICA TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 16: EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 17: ASIA PACIFIC TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 18: REST OF WORLD TIRE REINFORCEMENT MATERIALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY MATERIAL, 2018 & 2027 (IN %)
  • FIGURE 2: GLOBAL MOTOR VEHICLE SALES 2015-2020 (MILLIONS OF UNITS)
  • FIGURE 3: GLOBAL PASSENGER VEHICLE SALES 2015-2020 (MILLIONS OF UNITS)
  • FIGURE 4: GLOBAL COMMERCIAL VEHICLE SALES 2015-2020 (MILLIONS OF UNITS)
  • FIGURE 5: DEMAND FOR MOTORCYCLE TIRES BY VOLUME 2016-2021(%)
  • FIGURE 6: GLOBAL MARKET ESTIMATES FOR HYBRID, PLUG-IN HYBRID, AND ELECTRIC VEHICLES 2015 AND 2020 (UNITS)
  • FIGURE 7: REAL GDP GROWTH RATE FOR MAJOR COUNTRIES IN ASIA PACIFIC 2014 AND 2015 (%)
  • FIGURE 8: PRICE OF RUBBER JANUARY 2016 TO JULY 2016 (US CENTS PER POUND)
  • FIGURE 9: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY TIRE CORD FABRIC, 2019-2027 (IN $ MILLION)
  • FIGURE 10: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY TIRE BEAD WIRE, 2019-2027 (IN $ MILLION)
  • FIGURE 11: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY STEEL, 2019-2027 (IN $ MILLION)
  • FIGURE 12: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY POLYESTER, 2019-2027 (IN $ MILLION)
  • FIGURE 13: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY RAYON, 2019-2027 (IN $ MILLION)
  • FIGURE 14: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 15: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
  • FIGURE 16: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 17: GLOBAL TIRE REINFORCEMENT MATERIALS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
  • FIGURE 18: UNITED STATES TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 19: CANADA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 20: UNITED KINGDOM TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 21: GERMANY TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 22: FRANCE TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 23: ITALY TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 24: SPAIN TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 25: RUSSIA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 26: REST OF EUROPE TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 27: INDIA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 28: CHINA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 29: JAPAN TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 30: SOUTH KOREA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 31: AUSTRALIA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 32: REST OF ASIA PACIFIC TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 33: LATIN AMERICA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 34: MIDDLE EAST & AFRICA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)
Back to Top