Report Highlights
The global tire reinforcement materials market should reach $17.6 billion by 2023 from $15.1 billion in 2018 at a compound annual growth rate (CAGR) of 3.2% for the period 2018-2023.
Report Includes
- 96 data tables
- An overview of the advances and trends in tire reinforcement materials manufacturing, applications, and global and regional markets
- Analyses of global market trends, with data from 2016 and 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Discussion of tire reinforcements manufactured with steel, polyester, rayon, nylon, aramid, PEN (polyethylene naphthalate), and other materials
- Identification of key properties and advanced technologies of raw materials
- Profiles of major companies in the market, including Bekaert, Michelin, Hyosung, Toray Industries Inc., Kordsa Global and DuPont
Report Scope
This report forecasts the size of the market in current U.S. dollars for tire reinforcement materials in value terms for each material and/or volume terms from 2016 through 2023. It also forecasts the market size or output for:
- Tire reinforcement materials such as steel tire cord fabric, steel bead wire, polyester tire cord fabric, nylon tire cord fabric, rayon tire cord fabric, aramid tire cord fabric, PEN tire cord fabric and hybrid reinforcement materials.
- Tire types such as radial light-duty, radial heavy-duty, bias light-duty, bias heavy-duty, bicycle, motorcycle and other cycles. The tire reinforcement materials market is directly dependent on the tire industry, the performance of which is closely intertwined with the development of the automobile and cycle industries.
These forecasts are classified on the basis of product type, technology type, end application and region.
Analyst Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fiber, textile and energy industries for 18 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. Currently he is the chief scientist of a company endeavoring to reduce China's air and water pollution. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Report Highlights
The global market for tire reinforcement materials will grow from $13.6 billion in 2016 to $16.0 billion by 2021 with a compound annual growth rate (CAGR) of 3.3% for the period of 2016-2021.
Report Includes
- An overview of the advances and trends in tire reinforcement material manufacturing, applications, and global and regional markets.
- Analyses of global market trends, with data from 2014, 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Coverage of tire reinforcements manufactured with steel, polyester, rayon, nylon, aramid, PEN (polyethylene naphthalate), and other materials.
- Identification of key properties and advanced technologies of raw materials.
- Discussion of trends in technology.
- Profiles of major players in the industry.
Report Highlights
The global market for tire reinforcement materials was estimated to total nearly $13 billion in 2011 and $13.5 billion in 2012; the market should total more than $16 billion by 2017 and have a five-year compound annual growth rate (CAGR) of 3.6%.
Report Includes
- An overview of the advances and trends in tire reinforcement material manufacturing, applications, and global and regional markets.
- Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Coverage of tire reinforcements manufactured with steel, polyester, rayon, nylon, aramid, PEN (polyethylene naphthalate), and other materials.
- Identification of key properties and advanced technologies of raw materials.
- Discussion of trends in technology.
Report Highlights
The global market for tire reinforcement materials was $12.3 billion in the year 2010, which is expected to increase up to $12.9 billion by 2011. The tire reinforcement market will grow at a moderate CAGR of 3.6% from 2011 through 2016 and will reach to $15.3 billion.
Related Reports
Elastomers: Applications and Global Markets
The global market for elastomers is expected to grow from $105.0 billion in 2023 and projected to reach $153.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2023 to 2028.
PMI Foams Market
The global market for PMI foam is estimated to increase from $61.8 million in 2022 to reach $86.5 million by 2027, at a compound annual growth rate (CAGR) of 7.0% from 2022 through 2027.
Technical Textiles: Global Markets
The global market for technical textiles is estimated to increase from $197.8 billion in 2022 to $255.4 billion by 2027, at a compound annual growth rate (CAGR) of 5.2% from 2022 through 2027.
The Global Market for Composites: Resins, Fillers, Reinforcements, Natural Fibers and Nanocomposites Through 2026
The global market for composites is estimated to increase from $111.2 billion in 2021 to $161.0 billion in 2026 at a compound annual growth rate (CAGR) of 7.7% during the forecast period of 2021-2026.
Recent Reports
Global Aircraft Recycling Market
The global market for aircraft recycling is expected to grow from $4.7 billion in 2023 and projected to reach $9.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 15.8% during the forecast period of 2023-2028.
Global Recycled Concrete Market
The global market for recycled concrete is expected to grow from $11.1 billion in 2023 and is projected to reach $17.4 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.3% during the forecast period of 2023 to 2028.
Global Bio-based Leather Market
The global market for bio-based leather is estimated to increase from $668.6 million in 2023 to reach $902.4 million by 2028, at a compound annual growth rate (CAGR) of 6.2% from 2023 through 2028.
Global Textile Recycling Market
The global market for textile recycling is expected to increase from $8.0 billion in 2023 to $11.1 billion by the end of 2028, with a compound annual growth rate (CAGR) of 7.0% during the forecast period of 2023-2028.
Global 3D Printing High-Performance Plastics Market
The report provides an overview of the global 3D printing high-performance plastics market and its related segment. The report has been segmented based on type, technology, end-user, and region. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report examines the current trends, market drivers, and challenges within the 3D printing high-performance plastics market.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More