Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Reinforced tires are rigid, offer stability, better traction, greater adhesion properties, and are more resistant to mechanical damage. Besides the capability to carry the extra load, these tires have a longer life than normal tires and are not prone to internal damages. Reinforced tires have more usage in vans, trucks, estate cars, sports cars, and delivery vehicles as they can withstand higher pressure and increased load capacity.
Several reinforcement materials used in tires include steel cord fabric, steel bead wire, polyester cord fabric, rayon cord fabric, aramid cord fabric, nylon cord fabric, and other materials. These materials confer structural, mechanical, and physical properties to tires. The latest development in the market is the growing demand for eco-friendly tires, which has compelled vendors to shift towards the usage of natural and recycled materials like ground rubber, orange oil, and low-aromatic oils to manufacture tires.
Market Analysis and Insights: Global Tire Reinforcement Market
The global Tire Reinforcement market was valued at US$ 12600 in 2020 and will reach US$ 15220 million by the end of 2027, growing at a CAGR of 3.2% during 2022-2027.
Global Tire Reinforcement Scope and Market Size
The global Tire Reinforcement market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Tire Reinforcement market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Steel
Polyester
Rayon
Nylon
Segment by Application
Tire Cord Fabric
Tire Bead Wire
The Tire Reinforcement market is analysed and market size information is provided by regions (countries). Segment by Application, the Tire Reinforcement market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Several reinforcement materials used in tires include steel cord fabric, steel bead wire, polyester cord fabric, rayon cord fabric, aramid cord fabric, nylon cord fabric, and other materials. These materials confer structural, mechanical, and physical properties to tires. The latest development in the market is the growing demand for eco-friendly tires, which has compelled vendors to shift towards the usage of natural and recycled materials like ground rubber, orange oil, and low-aromatic oils to manufacture tires.
Market Analysis and Insights: Global Tire Reinforcement Market
The global Tire Reinforcement market was valued at US$ 12600 in 2020 and will reach US$ 15220 million by the end of 2027, growing at a CAGR of 3.2% during 2022-2027.
Global Tire Reinforcement Scope and Market Size
The global Tire Reinforcement market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Tire Reinforcement market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Steel
Polyester
Rayon
Nylon
Segment by Application
Tire Cord Fabric
Tire Bead Wire
The Tire Reinforcement market is analysed and market size information is provided by regions (countries). Segment by Application, the Tire Reinforcement market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Bekaert
Kolon Industries
Toray Industries
Milliken & Company
CORDENKA
Tokusen Kogyo
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
