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Tire Additives-Global Market Insights and Sales Trends 2024
Synopsis
The global Tire Additives 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 Tire Additives in various end use industries. The expanding demands from the Automobile, Industrial and Other,, are propelling Tire Additives market. Silica, 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 Carbon Black 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 Tire Additives, 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 Tire Additives 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 Tire Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tire Additives 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 Tire Additives covered in this report include Arkema, Arkochem, BASF, Eastman, Kraton, Lanxess, Orion Engineered Carbons, PMC Group and Shin-Etsu Chemical, etc.
The global Tire Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arkema
Arkochem
BASF
Eastman
Kraton
Lanxess
Orion Engineered Carbons
PMC Group
Shin-Etsu Chemical
Solvay
Sumitomo Chemicals
WR Grace
Nocil
Global Tire Additives 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 Tire Additives market, Segment by Type:
Silica
Carbon Black
Thioacetic Acid
Para Phenylene Diamines
Styrenated Phenol
Insoluble Sulfur
Others
Global Tire Additives market, by Application
Automobile
Industrial
Other
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 Tire Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tire Additives 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.
The global Tire Additives 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 Tire Additives in various end use industries. The expanding demands from the Automobile, Industrial and Other,, are propelling Tire Additives market. Silica, 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 Carbon Black 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 Tire Additives, 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 Tire Additives 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 Tire Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tire Additives 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 Tire Additives covered in this report include Arkema, Arkochem, BASF, Eastman, Kraton, Lanxess, Orion Engineered Carbons, PMC Group and Shin-Etsu Chemical, etc.
The global Tire Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arkema
Arkochem
BASF
Eastman
Kraton
Lanxess
Orion Engineered Carbons
PMC Group
Shin-Etsu Chemical
Solvay
Sumitomo Chemicals
WR Grace
Nocil
Global Tire Additives 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 Tire Additives market, Segment by Type:
Silica
Carbon Black
Thioacetic Acid
Para Phenylene Diamines
Styrenated Phenol
Insoluble Sulfur
Others
Global Tire Additives market, by Application
Automobile
Industrial
Other
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 Tire Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tire Additives 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 Tire Additives Market Overview
1.1 Tire Additives Product Overview
1.2 Tire Additives Market Segment by Type
1.2.1 Silica
1.2.2 Carbon Black
1.2.3 Thioacetic Acid
1.2.4 Para Phenylene Diamines
1.2.5 Styrenated Phenol
1.2.6 Insoluble Sulfur
1.2.7 Others
1.3 Global Tire Additives Market Size by Type
1.3.1 Global Tire Additives Market Size Overview by Type (2018-2029)
1.3.2 Global Tire Additives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tire Additives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tire Additives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tire Additives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tire Additives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tire Additives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tire Additives Sales Breakdown by Type (2018-2023)
2 Global Tire Additives Market Competition by Company
2.1 Global Top Players by Tire Additives Sales (2018-2023)
2.2 Global Top Players by Tire Additives Revenue (2018-2023)
2.3 Global Top Players by Tire Additives Price (2018-2023)
2.4 Global Top Manufacturers Tire Additives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tire Additives Market Competitive Situation and Trends
2.5.1 Tire Additives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tire Additives 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 Tire Additives as of 2022)
2.7 Date of Key Manufacturers Enter into Tire Additives Market
2.8 Key Manufacturers Tire Additives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tire Additives Status and Outlook by Region
3.1 Global Tire Additives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tire Additives Historic Market Size by Region
3.2.1 Global Tire Additives Sales in Volume by Region (2018-2023)
3.2.2 Global Tire Additives Sales in Value by Region (2018-2023)
3.2.3 Global Tire Additives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tire Additives Forecasted Market Size by Region
3.3.1 Global Tire Additives Sales in Volume by Region (2024-2029)
3.3.2 Global Tire Additives Sales in Value by Region (2024-2029)
3.3.3 Global Tire Additives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tire Additives by Application
4.1 Tire Additives Market Segment by Application
4.1.1 Automobile
4.1.2 Industrial
4.1.3 Other
4.2 Global Tire Additives Market Size by Application
4.2.1 Global Tire Additives Market Size Overview by Application (2018-2029)
4.2.2 Global Tire Additives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tire Additives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tire Additives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tire Additives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tire Additives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tire Additives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tire Additives Sales Breakdown by Application (2018-2023)
5 North America Tire Additives by Country
5.1 North America Tire Additives Historic Market Size by Country
5.1.1 North America Tire Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tire Additives Sales in Volume by Country (2018-2023)
5.1.3 North America Tire Additives Sales in Value by Country (2018-2023)
5.2 North America Tire Additives Forecasted Market Size by Country
5.2.1 North America Tire Additives Sales in Volume by Country (2024-2029)
5.2.2 North America Tire Additives Sales in Value by Country (2024-2029)
6 Europe Tire Additives by Country
6.1 Europe Tire Additives Historic Market Size by Country
6.1.1 Europe Tire Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tire Additives Sales in Volume by Country (2018-2023)
6.1.3 Europe Tire Additives Sales in Value by Country (2018-2023)
6.2 Europe Tire Additives Forecasted Market Size by Country
6.2.1 Europe Tire Additives Sales in Volume by Country (2024-2029)
6.2.2 Europe Tire Additives Sales in Value by Country (2024-2029)
7 Asia-Pacific Tire Additives by Region
7.1 Asia-Pacific Tire Additives Historic Market Size by Region
7.1.1 Asia-Pacific Tire Additives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tire Additives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tire Additives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tire Additives Forecasted Market Size by Region
7.2.1 Asia-Pacific Tire Additives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tire Additives Sales in Value by Region (2024-2029)
8 Latin America Tire Additives by Country
8.1 Latin America Tire Additives Historic Market Size by Country
8.1.1 Latin America Tire Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tire Additives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tire Additives Sales in Value by Country (2018-2023)
8.2 Latin America Tire Additives Forecasted Market Size by Country
8.2.1 Latin America Tire Additives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tire Additives Sales in Value by Country (2024-2029)
9 Middle East and Africa Tire Additives by Country
9.1 Middle East and Africa Tire Additives Historic Market Size by Country
9.1.1 Middle East and Africa Tire Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tire Additives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tire Additives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tire Additives Forecasted Market Size by Country
9.2.1 Middle East and Africa Tire Additives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tire Additives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Arkema
10.1.1 Arkema Company Information
10.1.2 Arkema Introduction and Business Overview
10.1.3 Arkema Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Arkema Tire Additives Products Offered
10.1.5 Arkema Recent Development
10.2 Arkochem
10.2.1 Arkochem Company Information
10.2.2 Arkochem Introduction and Business Overview
10.2.3 Arkochem Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Arkochem Tire Additives Products Offered
10.2.5 Arkochem Recent Development
10.3 BASF
10.3.1 BASF Company Information
10.3.2 BASF Introduction and Business Overview
10.3.3 BASF Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BASF Tire Additives Products Offered
10.3.5 BASF Recent Development
10.4 Eastman
10.4.1 Eastman Company Information
10.4.2 Eastman Introduction and Business Overview
10.4.3 Eastman Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Eastman Tire Additives Products Offered
10.4.5 Eastman Recent Development
10.5 Kraton
10.5.1 Kraton Company Information
10.5.2 Kraton Introduction and Business Overview
10.5.3 Kraton Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kraton Tire Additives Products Offered
10.5.5 Kraton Recent Development
10.6 Lanxess
10.6.1 Lanxess Company Information
10.6.2 Lanxess Introduction and Business Overview
10.6.3 Lanxess Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lanxess Tire Additives Products Offered
10.6.5 Lanxess Recent Development
10.7 Orion Engineered Carbons
10.7.1 Orion Engineered Carbons Company Information
10.7.2 Orion Engineered Carbons Introduction and Business Overview
10.7.3 Orion Engineered Carbons Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Orion Engineered Carbons Tire Additives Products Offered
10.7.5 Orion Engineered Carbons Recent Development
10.8 PMC Group
10.8.1 PMC Group Company Information
10.8.2 PMC Group Introduction and Business Overview
10.8.3 PMC Group Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 PMC Group Tire Additives Products Offered
10.8.5 PMC Group Recent Development
10.9 Shin-Etsu Chemical
10.9.1 Shin-Etsu Chemical Company Information
10.9.2 Shin-Etsu Chemical Introduction and Business Overview
10.9.3 Shin-Etsu Chemical Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Shin-Etsu Chemical Tire Additives Products Offered
10.9.5 Shin-Etsu Chemical Recent Development
10.10 Solvay
10.10.1 Solvay Company Information
10.10.2 Solvay Introduction and Business Overview
10.10.3 Solvay Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Solvay Tire Additives Products Offered
10.10.5 Solvay Recent Development
10.11 Sumitomo Chemicals
10.11.1 Sumitomo Chemicals Company Information
10.11.2 Sumitomo Chemicals Introduction and Business Overview
10.11.3 Sumitomo Chemicals Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sumitomo Chemicals Tire Additives Products Offered
10.11.5 Sumitomo Chemicals Recent Development
10.12 WR Grace
10.12.1 WR Grace Company Information
10.12.2 WR Grace Introduction and Business Overview
10.12.3 WR Grace Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 WR Grace Tire Additives Products Offered
10.12.5 WR Grace Recent Development
10.13 Nocil
10.13.1 Nocil Company Information
10.13.2 Nocil Introduction and Business Overview
10.13.3 Nocil Tire Additives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Nocil Tire Additives Products Offered
10.13.5 Nocil Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tire Additives 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 Tire Additives Industrial Chain Analysis
11.4 Tire Additives Market Dynamics
11.4.1 Tire Additives Industry Trends
11.4.2 Tire Additives Market Drivers
11.4.3 Tire Additives Market Challenges
11.4.4 Tire Additives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tire Additives Distributors
12.3 Tire Additives 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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