Tire Material Market Growth Trajectory, Key Drivers And Trends

Posted by ramtbrc on April 18th, 2023

The Business Research Company’s Tire Material Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Tire Material Global Market Report 2023 evaluates tire material market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global tire material market is expected to grow from .67 billion in 2022 to .26 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The tire material market is expected to reach 3.15 billion in 2027 at a CAGR of 4.9%.

The tire material market segments in the report are:

1) By Type: Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, Textile Reinforcements, Other Types

2) By Tire Types: Solid Tire, Pneumatic Tire, Retreated Tires

3) By Vehicle Type: Two Wheelers, Rickshaws, Passenger Cars, Trucks, Buses, Utility Vehicles, Other Vehicle Types, By Application: Passenger Cars, Commercial Vehicles

Get More Information On The Tire Material Market Report:

https://www.thebusinessresearchcompany.com/report/tire-material-global-market-report

The table of contents in TBRC’s tire material market report includes:

1. Executive Summary

2. Tire Material Market Characteristics

3. Tire Material Market Trends And Strategies

4. Tire Material Market - Macro Economic Scenario

5. Tire Material Market Size And Growth

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27. Tire Material Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Tire Material Market

29. Tire Material Market Future Outlook and Potential Analysis

30. Appendix

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