PUBLISHER: QYResearch | PRODUCT CODE: 1862136
PUBLISHER: QYResearch | PRODUCT CODE: 1862136
The global market for Tire Vulcanizing Machine was estimated to be worth US$ 1238 million in 2024 and is forecast to a readjusted size of US$ 1629 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Tire Vulcanizing Machine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A Tire Vulcanizing Machine is a specialized industrial equipment designed to cure and harden raw rubber into a finished tire by applying heat, pressure, and chemical agents in a controlled environment. This process improves the mechanical strength, durability, and performance of tires, making vulcanization an essential step in the tire manufacturing industry. Modern tire vulcanizing machines increasingly incorporate automation, energy efficiency, and digital monitoring technologies to enhance productivity, ensure consistent quality, and reduce operational costs.
The global sales of tire vulcanizing equipment in 2024 reached 5,832 units, with an average factory price of approximately $212,000 per unit.
In Asia-Pacific, the tire vulcanizing machine market is experiencing robust growth, primarily driven by the expansion of automotive manufacturing in China, India, Japan, and Southeast Asia. China leads both in tire production capacity and demand for advanced vulcanizing systems, with strong momentum coming from the rapid adoption of electric vehicles (EVs). India is becoming a fast-growing hub due to its growing automotive sector and rising demand for cost-effective equipment, while Japan and South Korea focus on advanced, automated machines to support high-performance tire production.
In Europe, the market is shaped by stringent environmental regulations and strong emphasis on sustainable tire manufacturing. European manufacturers demand energy-efficient vulcanizing machines with reduced CO2 emissions and advanced control systems. The increasing penetration of EVs, particularly in Western Europe, is boosting demand for tires with advanced performance characteristics, thereby driving investments in next-generation vulcanizing technology.
In North America, the market remains mature but stable, with demand largely driven by replacement tires and the modernization of manufacturing plants. The U.S. tire industry is investing in automation, smart factory integration, and eco-friendly production lines to maintain competitiveness. Moreover, the rise of electric mobility and demand for high-durability tires are encouraging the adoption of more sophisticated vulcanizing machines.
In Latin America, countries such as Brazil and Mexico are contributing to market growth due to their expanding automotive industries. Local manufacturers prefer cost-efficient yet reliable vulcanizing machines, while international players are gradually introducing automated and environmentally friendly systems to meet evolving industry standards.
In the Middle East & Africa, the market is comparatively smaller but shows potential due to industrial diversification and infrastructure development. South Africa and Gulf countries are key contributors, with demand supported by both domestic tire needs and imports of machinery to support regional tire manufacturing initiatives.
This report aims to provide a comprehensive presentation of the global market for Tire Vulcanizing Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Tire Vulcanizing Machine by region & country, by Type, and by Application.
The Tire Vulcanizing Machine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Vulcanizing Machine.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Tire Vulcanizing Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Tire Vulcanizing Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Tire Vulcanizing Machine in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.