#UK Tire Market Analysis

[aeroauto]

Automotive Smart Tire Market Report by 2031

Automotive Smart Tire Market Report by 2031

Introduction

Straits Research is pleased to present its latest report on the Automotive Smart Tire Market, providing a comprehensive analysis of market dynamics, trends, and forecasts. As the automotive industry evolves, smart tires equipped with advanced technology are becoming increasingly vital for enhancing vehicle safety, performance, and connectivity. The global automotive smart tire market was valued at USD 86.72 billion in 2022 and is projected to reach USD 150.63 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.4% during the forecast period from 2023 to 2031.

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Automotive Smart Tire Market Revenue

The automotive smart tire market refers to tires that integrate advanced technologies such as sensors and communication systems to monitor tire conditions in real-time. These innovations enhance vehicle safety by providing critical information about tire pressure, temperature, and wear. The increasing adoption of connected vehicles and the growing emphasis on vehicle safety are driving the demand for smart tires. As a result, the market is experiencing substantial growth, with projections indicating a rise from USD 86.72 billion in 2022 to USD 150.63 billion by 2031.

Automotive Smart Tire Market Categorization

The automotive smart tire market can be segmented into several categories:

By Applications

Passenger Vehicle

Commercial Vehicle

By Mode of Sales

OEM (Original Equipment Manufacturer)

Aftermarket

By Product

Intelligent Tire (TPMS - Tire Pressure Monitoring System)

Connected Tire

By Sensor Type

TPMS

RFID Chip

Accelerometer Sensor

Strain Gauge Sensor

Others

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/automotive-smart-tire-market/segmentation

Geographic Overview

The automotive smart tire market exhibits distinct trends across various regions:

North America: The United States and Canada are leading markets due to high vehicle ownership rates and stringent safety regulations. The adoption of electric and autonomous vehicles is also driving demand for smart tires in this region.

Europe: Countries like Germany, France, and the UK are at the forefront of adopting smart tire technology, primarily driven by advancements in automotive safety standards and a growing focus on sustainability.

Asia Pacific: China dominates this region as the largest automotive market globally, with significant investments in smart tire technology from both local manufacturers and multinational corporations. The rapid adoption of electric vehicles further boosts the demand for smart tires.

Middle East & Africa: The growing automotive sector in countries like South Africa and the UAE is contributing to increased interest in smart tires, particularly for commercial vehicles.

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Top Players of Automotive Smart Tire Market

The competitive landscape of the automotive smart tire market features several key players that drive innovation and development:

Infineon Technologies AG

Schrader TPMS Solutions

NXP Semiconductors

Revvo Technologies Inc.

JK Tyres & Industries Ltd.

Sumitomo Rubber Industries, Ltd.

Toyo Tire Corporation

Nokian Tyres Plc

Hankook Tire & Technology Co., Ltd.

The Yokohama Rubber Company Limited

Pirelli & C. S.p.A.

The Goodyear Tire & Rubber Co.

Bridgestone Corporation

These companies are recognized for their technological advancements and extensive product offerings that cater to diverse customer needs.

Detailed Table of Content of the Automotive Smart Tire Market Report: https://straitsresearch.com/report/automotive-smart-tire-market/toc

Key Unit Economics for Businesses and Startups

Understanding unit economics is essential for businesses operating in the automotive smart tire market:

Cost Structure: Developing smart tires involves significant investment in technology and materials, making it crucial for companies to manage production costs effectively.

Revenue Streams: Companies can generate revenue not only from selling smart tires but also from providing related services such as maintenance, software updates, and data analytics.

Market Demand: The demand for smart tires is closely linked to trends in vehicle electrification and automation; thus, businesses must stay informed about these developments to capitalize on growth opportunities.

Automotive Smart Tire Market Operational Factors

Operational factors play a critical role in shaping the automotive smart tire market:

Technological Advancements: Continuous innovation in sensor technology and data analytics enhances the functionality of smart tires, making them more appealing to consumers.

Regulatory Environment: Compliance with safety regulations is crucial for manufacturers; understanding these regulations can provide a competitive advantage.

Supply Chain Dynamics: Efficient supply chain management ensures timely delivery of components essential for producing smart tires, which is vital for maintaining operational efficiency.

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Wax Emulsion Market - Forecast(2024 - 2030)

Wax Emulsion Market Overview

Sample Report:

The emergence of COVID-19

The outbreak of COVID-19 has negatively impacted the wax emulsion market. The abrupt closure of production centers in China, and its impact caused chaos among global auto manufacturers in European Union, US, India, and South America region. For instance, Toyota Motor Corporation reported a YoY sales decline of 26%, May’s unit sales were almost double that of April, which fell 56% YoY.

Additionally, Sales of new-energy vehicles (NEVs) in China in June fell 35% YoY to 85,600 units, following a drop of 26% in May and 30% in April. The demand for wax emulsion lowered due to the declining automotive industry. In addition, a decrease in purchasing capital lowered construction activities and demand for apparel. According to the National Bureau of Statistics of China, the online retail sales of clothing goods decreased by 18.1 percent, substantially hampering the growth of the wax emulsion market.

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Wax Emulsion Market Report Coverage

The report: “Wax Emulsion Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wax Emulsion Market.

By Type: Natural (Animal, Vegetable and Minerals), and Synthetic (Polyethylene, Polypropylene, Paraffin, poly tetrafluoroethylene (PTFE), Fischer-Tropsch, and Others)

By Application: Wood Coatings, Adhesive & Sealants, Printing Inks, Fiberglass Insulation, Metal Polish, Lubricants, Textile Finish, cold creams, lipsticks, Tires, and Others

By End-Use Industry: Paint & Coatings, Building & Construction (Residential, Commercial, Industrial, and Infrastructure), Textile & Leather, Pulp & Paper, Cosmetics and Personal care, Automotive (Passenger Cars, Light Commercial Vehicle, and Heavy Duty Vehicles), Packaging, Wood Processing, and Others.

By Geography: North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (the Middle East, and Africa)

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Key Takeaways

● The U.K has shown significant growth in the wax emulsion market due to its high demand from wood processing industries for the protection of woods from water and prevent rotting.

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Wax Emulsion Market Segment Analysis — By Type

Synthetic segment held the largest share of more than 60.23% in the Wax Emulsion market in 2023. Synthetic wax emulsions are synthesized from synthetic polymers such as polyethylene, polypropylene, polytetrafluoroethylene, and many more. Synthetic wax emulsions are long-lasting, abrasion-resistant and provide good protection from contaminants like dust, grime, and corrosion. Thus, the availability of synthetic wax emulsion with varied properties makes it suitable for numerous applications including paints & coatings, cosmetics, and construction, significantly augmenting the market growth. However, increasing environmental concerns are driving the demand for natural wax emulsions such as Lanolin, Beeswax, Carnauba, and Candellila waxes.

Polyethylene wax segment consists of low-density polyethylene (LDPE) and High Density Polyethylene (HDPE) and is obtained by polymerization of Ethylene monomers. Physical attributes such as water-repellence, abrasion resistance, slip control, lubrication, and anti-blocking are contributing to the growth of polyethylene wax emulsion. Polyethylene wax emulsion manufactures more easily and is cost-effective. Surging use of polyethylene wax emulsion in lithographic and flexographic inks for an improved rub and mar resistance and slip characteristics also aids the market growth.

Wax Emulsion Market Segment Analysis — Application

Wood Coatings segment is projected to witness the highest CAGR of 6.4% during the forecast period. Wax emulsions are extensively used in paints & coatings as they provide a consistent neutral color and offer formulators maximum flexibility in pigmented applications. Wax emulsions also improve the durability of water-based paints, by offering excellent scratch- and abrasion resistance. An increase in building and constructions has proliferated the demand for paint & coatings.

Hence, surging demand for paints and coatings as a consequence of huge constructional activities may bolster the growth of the wax emulsion market.

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Wax Emulsion Market Segment Analysis — End-Use Industry

Textile and leather segment held the largest share of more than 26% in the wax emulsion market in 2023. Wax emulsions are used in the textile and leather industry for waterproofing of textile and leather substrates, modifying the frictional properties of fibers, yarns, and sewing threads for better processability, and for enhancing the performance of finishing compounds such as softeners, silicones, and resins. They also provide superior fabric properties such as improved flex abrasion resistance, tear strength, and sewability. Owing to the above benefits the demand for wax emulsions is increasing from textile and leather industries. The Advanced Functional Fabrics of America Institute (AFFOA) brought over $300 million in public-private investment to develop futuristic fabrics and textiles helping to accelerate the revival of textile manufacturing in the United States. The thriving textile industry across the globe and vast technological advances may boost the global demand for wax emulsion.

Wax Emulsion Market Segment Analysis — By Geography

Asia Pacific dominated the Wax Emulsion market with a share of more than 41% in 2023 followed by North America and Europe. Increasing per-capita income and adoption of western culture in emerging economic nations especially in China, and India has boosted the growth of fashion industry and also increased the demand for leather. Increasing demand for apparel and expansion of textile industries across the country is also aiding the growth of market.

With the rising popularity of functional textiles that offer additional properties like water repellency, UV protection, and stain resistance, the demand for wax emulsions in textile coatings and finishes is on the rise. The growing demand for leather and apparel products in emerging markets, coupled with increasing disposable incomes and changing consumer preferences, presents significant opportunities for wax emulsion manufacturers to expand their presence and capture a larger market share in these regions. Thus huge spending on apparels and leather articles escalate the growth of the wax emulsion market.

Wax Emulsion Market Drivers

Growing demand from automotive industries

Wax Emulsions are water repellent, hence its use in automotive paints and polishes prevents water from accumulating in nooks and crannies of car’s surface thereby reducing the risk of corrosion and prevents the formation of water stains and spots on the surface. Wax emulsion are also used as lubricants and in car’s interior leather for matt effect and smoothness. Increase in standard of living coupled with high disposable income boosts the demand for automotive.

Automotive manufacturers prioritize the aesthetic appeal of vehicles to attract customers. Wax emulsions contribute to achieving a glossy finish and enhancing the appearance of automotive coatings, making vehicles more visually appealing to consumers. Continuous innovations in wax emulsion formulations cater to the evolving needs of the automotive industry. Advanced wax emulsions offer improved performance characteristics such as enhanced durability, scratch resistance, and water repellency, meeting the stringent requirements of automotive manufacturers and contributing to market growth. Thus rise in automotive demand augments the growth of the wax emulsion market.

Increasing use of paper and pulp as a substitute for plastics

Increasing environmental concerns and the use of paper as a substitute for plastics drive the growth of the wax emulsion market. In paper coatings, the wax emulsion is added to the coating mixture to reduce dusting during calendaring, to increase water repellency, to improve flexibility, and to raise gloss. When used as sizing in the paper, the wax emulsion helps prevent aqueous solutions, such as ink, from soaking into the paper and paperboard. According to an environmental paper network (EPN), paper use is steadily increasing year on year and exceeded 412 million tons per year in 2023. Also, total paper and paperboard demand for domestic applications such as tissue paper, newsprint, boxboard, etc. reached to 26,592 thousand metric tons in 2023 in Japan, according to the Japan paper association. Therefore, accelerating use for paper augments the demand for wax emulsions for paper sizing.

Wax Emulsion Market — Challenges

Volatility in prices of raw material

The raw materials often used for manufacturing waxes emulsion such as paraffin, polyethylene, and polypropylene are derived from the crude oil. So, fluctuation in oil prices also hampers the prices of wax emulsions. According to, BP Statistical Review of World Energy, in the recent year there is been an increase in the price volatility of crude oil, such as the crude oil price increased from $81.12 in 2022 to a price of $97.67 per barrel in the financial year 2023 hovering a high price rise, and because of this uncertainty in crude oil prices, the price of wax emulsions also increases. The volatility in crude oil prices is expected to be a significant challenge for wax emulsion manufacturers during the forecast period.

Wax Emulsion Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Wax Emulsion market report. Major players in the Wax Emulsion market are:

1. The Dow Chemical Company

2. Exxon Mobil Corporation

3. Momentive Performance Materials Inc.

4. Michelman, Inc.

5. Lubrizol Corporation

6. BASF SE

7. Croda International Plc

8. Arkema SA

9. Lanxess AG

10. Huntsman Corporation and others

Acquisitions / Technology Launches:

● Münzing Group’s Production Plant Inauguration (July 21, 2022): The Münzing Group inaugurated a state-of-the-art production plant in Zeitz Chemical and Industrial Park. This significant investment of EUR 50 million resulted in the creation of 40 new jobs.

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All-Terrain Vehicle Market Size and Regional Outlook Analysis, 2030

The global all-terrain vehicle market size was valued at USD 4.54 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. 

The rising popularity of outdoor sports activities, including off-road events, the increasing number of adventure and trail parks, and the rising demand for all-terrain vehicle (ATVs) for agricultural and military applications are the major factors propelling the growth of the market. Furthermore, the growing disposable income and purchasing capacity of individuals in developed and developing economies are anticipated to drive the demand for all-terrain vehicles over the forecast period.

The market for all-terrain vehicles witnessed negative growth during the first half of 2020 owing to the spread of the COVID-19 virus. The global lockdown and restrictions led to the temporary closure of various assembly and manufacturing units. However, the increasing demand for recreational activities across the globe is likely to contribute to market growth.

An all-terrain vehicle is also known as a light utility vehicle. It is a motorized off-road vehicle designed to travel on four wheels with low-pressure or non-pneumatic tires and a handlebar for steering control. ATVs are divided into two categories: type I and type II. The type I category is intended for use by a single rider with no passengers and the type II category is intended for use by a rider and a passenger. Type II ATVs are equipped with a designated seating position behind the rider.

Gather more insights about the market drivers, restrains and growth of the All-Terrain Vehicle Market

All-terrain Vehicle Market Report Highlights

• The market for all-terrain vehicles is anticipated to witness growth owing to the increasing number of adventure and trails parks and the rising popularity of off-road sports activities

• The 400cc-800cc engine type segment accounted for a significant revenue share of over 48.2% in 2022. The increase in demand for 400-800cc engine ATVs is accredited to the demand for search & rescue operations and utility purposes

• Asia Pacific is expected to expand at the fastest CAGR of 5.3% during the forecast period

Browse through Grand View Research's Automotive & Transportation Industry Research Reports.

• The global aerospace engineering services outsourcing market size was valued at USD 116.95 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 24.9% from 2024 to 2030. 

• The global automotive chips market was valued at USD 41.47 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2030.

All-terrain Vehicle Market Segmentation

Grand View Research has segmented the global all-terrain vehicle market report based on engine type, application, and region

All-terrain Vehicle (ATV) Engine Type Outlook (Revenue, USD Million, 2018 - 2030)

• Below 400cc

• 400 - 800cc

• Above 800cc

All-terrain Vehicle (ATV) Application Outlook (Revenue, USD Million, 2018 - 2030)

• Agriculture

• Sports

• Recreational

• Military and Defense

All-terrain Vehicle (ATV) Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

• Asia Pacific

o China

o Japan

o India

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

• Middle East and Africa

o Saudi Arabia

o South Africa

o UAE

Order a free sample PDF of the All-Terrain Vehicle Market Intelligence Study, published by Grand View Research.

[tamanna31]

Carbon Black Market Professional Survey and In-depth Analysis Research Report Forecast to 2030

Carbon Black Industry Overview

The global carbon black market size was valued at USD 22.35 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2030.

Rising product usage in the production of plastics is anticipated to drive growth. Moreover, the rising usage of these plastics in electrical and electronic components will boost product demand. It is produced either by thermal decomposition or partial combustion method, which includes oil or natural gas as a feedstock. It is produced by four different processes, which are the furnace black process, channel process, acetylene black process, and Lampblack process.

Gather more insights about the market drivers, restrains and growth of the Carbon Black Market

Growing environmental concerns coupled with the developing automotive industry is expected to drive the growth of the U.S. market. The refurbishing trend has resulted in increased demand for high-performance coatings in automotive as well as other industries, such as marine, aerospace, and industrial.

The product helps improve the strength and longevity of tires by providing better abrasion resistance and tensile strength. Also, growing construction and manufacturing sectors utilizing industrial rubber and equipment are anticipated to positively impact the demand over the forecast period.

Carbon black market prices are mainly based on raw materials, auxiliary materials, and utilities. The crude oil price fluctuation has a major impact on the pricing of carbon black. Some other macro-level factors influencing the price include working capital and pre-operational costs. The installation and setup, capitalized interests, project engineering and management, and commissioning costs are included under the pre-occupational costs.

Carbon black is formed by incomplete combustion of different petroleum-based constituents. It is an essential component for a range of end-use applications such as consumer goods, automobiles, appliances, electronics, and others. Since it is a petroleum-derived product the manufacturers rely on sourcing their key raw materials at the right prices with no supply hindrance. Raw materials are critically selected by the manufacturers depending on their product quality, offering price, product portfolio holding, and market accessibility.

Browse through Grand View Research's Petrochemicals Industry Research Reports.

• The global diesel exhaust fluid market size was valued at USD 36.66 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030.

• The global bromobenzene market size was estimated at USD 1,228.8 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.

Global Carbon Black Market Report Segmentation

This report forecasts revenue and volume growth at the global, regional, and country levels and provides a carbon black market analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global carbon black market report based on type, application, grade, and region:

Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Furnace Black

Channel Black

Thermal Black

Acetylene Black

Others

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Tire

Non- tire Rubber

Plastics

Inks & Coatings

Others

Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Standard Grade

Specialty Grade

Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Asia Pacific

China

Japan

India

Indonesia

Malaysia

Thailand

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

South Africa

Key Companies & Market Share Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

In June 2023, Bridgestone Corporation announced the commencement of the development of tire-derived oil and recovered carbon black via pyrolysis of worn tires with the help of test units established at the Bridgestone Innovation Park in Tokyo. This is aimed at encouraging the social deployment of chemical recycling technologies that allow the efficient pyrolysis of worn tires.

In April 2023, Orion Engineered Carbons announced the implementation of its new cogeneration technology producing renewable energy in its Ivanhoe plant (Louisiana, U.S.). The system comprises a steam turbine generator, which ingests the waste steam from the production process of the carbon black plant and alters it to electricity.

In March 2023, Tokai Carbon Co., Ltd. entered into a strategic partnership with Sekisui Chemical Co., Ltd., for the real-world application of the Carbon Capture and Utilization (CCU) technology. This deal was aimed at manufacturing varied carbon products and materials for the capture and storage of carbon dioxide (CO2) as solid carbon.

Key Carbon Black Companies:

Orion Engineered Carbons Holdings GmbH

OMSK Carbon Group

Sid Richardson Carbon & Energy Co.

Tokai Carbon Co. Ltd.

Asahi Carbon Co. Ltd.

Ralson Goodluck Carbon

Atlas Organic Pvt. Ltd.

Continental Carbon Co.

OCI Company Ltd.

Birla Carbon

Bridgestone Corp.

Cabot Corp.

China Synthetic Rubber Corporation (CSRC)

Himadri Companies & Industries Ltd. (HCIL)

Mitsubishi Chemicals

Nippon Steel & Sumikin Chemical Co. Ltd.

Jiangxi Black Cat Carbon Black Inc.

Order a free sample PDF of the Carbon Black Market Intelligence Study, published by Grand View Research.

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Truck Bias Tire Market Explore Future Growth by 2034

 Truck Bias Tire Market Research report evaluates the global Truck Bias Tire market landscape and provides a comprehensive yet in detailed assessment of the market scope. The report provides a thorough business analysis of the major players in the Truck Bias Tire market. The report offers an all-inclusive detailed account of the global trends and scope of the Truck Bias Tire market. The report comprises of data that will be crucial to ensure a good growth curve along the overall forecast period.

Key Market Players mentioned in this report: Michelin Bridgestone Continental Pirelli Goodyear Shanghai Huayi Sumitomo Rubber Industries ZC Rubber Yokohama Nokian Tyres Hankook Maxxis Triangle Group Dried Roots The report details an overall study of the market prospects and also accounts for notable business dynamics that could be play an important role in securing a good growth curve in the Truck Bias Tire Market. Thorough evaluation of market trends, risks, demand and opportunities has been detailed in a very descriptive yet very short and on point assessment. Get Sample PDF Brochure @ https://www.reportsintellect.com/sample-request/2867438 NOTE: The Truck Bias Tire report has been formulated while considering the COVID-19 Pandemic and its impact on the market. Description: The report focuses on market analysis considering key Truck Bias Tire market dynamics such as analysis, growth factors, key challenges, major drivers & restraints, opportunities and forecast. The Truck Bias Tire Market report examines and analyzes opportunities, market risk, market driving power, and evaluation of market size, industry chain construction, and defines major solutions needed to overcome the obstacles of the market. The report contains a detailed historical account of the Truck Bias Tire market and also predicts an evaluated forecast for the same. Truck Bias Tire Market by types: Ordinary Bias Tires Bias Belted Tire Truck Bias Tire Market by Applications: OEM Aftermarket Geographical Regions covered by Truck Bias Tire Market are: • Asia Pacific[China,Southeast Asia, India,Japan,Korea, West Asia] •Europe[Germany,UK,France,Italy,Russia,Spain,Netherlands,Turkey,Switzerland] • North America[USA, Canada, Mexico] • Middle East and Africa[Gcc, North Africa, South Africa] • South America [Brazil, Argentina,Colombia, Chile Peru] • Southeast Discount PDF Brochure @ https://www.reportsintellect.com/discount-request/2867438

  Competitive Analysis: The report comprises of the competitive landscape for the global Truck Bias Tire market and includes an account of the current as well as upcoming players in the market landscape. Stakeholders can utilize the report to sustain their status and improve in the current landscape while the new entrants can utilize the report to grow and secure a position in the Truck Bias Tire market. Reasons to Buy: • Understand the Current and future of the Truck Bias Tire Market in both Established and emerging markets. • The report assists in relocate the business strategies by accentuate the Truck Bias Tire business priorities. • The report throws light on the segment anticipate to dominate the Truck Bias Tire industry and market. • Forecasts the regions expected to perceive ascension. • The newest developments within the Truck Bias Tire industry and details of the industry leaders alongside their market share and methods. About Us: Reports Intellect is your one-stop solution for everything related to market research and market intelligence. We understand the importance of market intelligence and its need in today's competitive world. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way. Contact Us: sales@reportsintellect.com Phone No: + 1-706-996-2486 US Address: 225 Peachtree Street NE, Suite 400,` Atlanta, GA 30303

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North America Aircraft Tire Market: Dynamics, Regional Growth, and Forecast Analysis (2024-2032)

The North America aircraft tire market is set for significant growth from 2024 to 2032, driven by a variety of factors including increasing air traffic, advancements in tire technology, and rising demand for efficient aircraft operations. As airlines and aerospace companies seek to enhance the performance and safety of their fleets, the aircraft tire market in North America is experiencing dynamic changes.

For a comprehensive analysis of the North America Aircraft Tire Market, visit North America Aircraft Tire Market.

Market Dynamics:

Increasing Air Traffic: The rise in air travel across North America has resulted in a higher demand for aircraft tires. The growth in passenger numbers and freight services directly impacts the need for new tires and tire replacements.

Technological Advancements: Innovations in tire technology, such as the development of high-performance, durable, and lightweight tires, are driving market growth. Advanced materials and manufacturing processes are enhancing tire efficiency and safety.

Regulatory Standards: Stringent regulations and safety standards in North America require regular maintenance and replacement of aircraft tires. Compliance with these standards is essential for market players and contributes to the growth of the industry.

Competitive Landscape: The North American aircraft tire market is highly competitive, with key players focusing on strategic partnerships, mergers, and acquisitions to strengthen their market position.

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Regional Growth:

The North American market is characterized by rapid growth due to increased investments in aviation infrastructure and the expansion of regional airlines. Major airports and airlines in the U.S. and Canada are expanding their fleets, driving demand for high-quality aircraft tires.

Forecast Analysis:

The forecast period from 2024 to 2032 indicates robust growth for the North American aircraft tire market. Market players are expected to capitalize on technological advancements and increasing air traffic to drive revenue and market share.

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Sedan Wheel Market Growth and Trends

The sedan wheel market has experienced significant growth over the past few years, driven by advancements in automotive technology, increasing consumer preference for sedans, and rising demand for enhanced driving experiences. This article provides a comprehensive analysis of the sedan wheel market, focusing on its size, share, industry trends, forecast, and regional analysis.

Market Size and Share

Sedan wheel Market Size was estimated at 18.4 (USD Billion) in 2023. The Sedan Wheel Market Industry is expected to grow from 18.99 (USD Billion) in 2024 to 24.5 (USD Billion) by 2032. The sedan wheel Market CAGR (growth rate) is expected to be around 3.23% during the forecast period (2024 - 2032).The increasing production and sales of sedans, particularly in emerging markets, are major factors contributing to this growth.

The market share is segmented based on wheel type, material, and distribution channel. Alloy wheels hold a significant share due to their lightweight, durability, and aesthetic appeal. Steel wheels, while less popular, are still prevalent due to their cost-effectiveness. In terms of distribution channels, the aftermarket segment holds a considerable share as consumers often opt for wheel replacements and upgrades.

Industry Trends

Several key trends are shaping the sedan wheel market:

Technological Advancements: Innovations in wheel design and manufacturing processes are leading to the development of more efficient and lightweight wheels. Technologies such as 3D printing and advanced materials like carbon fiber composites are gaining traction.

Consumer Preferences: There is a growing preference for customized and high-performance wheels among sedan owners. This trend is driving demand for aftermarket wheels that offer improved aesthetics and performance.

Environmental Concerns: Increasing awareness about environmental sustainability is prompting manufacturers to develop eco-friendly wheels. Recyclable materials and energy-efficient manufacturing processes are becoming more common in the industry.

Integration with Advanced Vehicle Systems: Modern sedans are equipped with advanced systems such as tire pressure monitoring systems (TPMS) and electronic stability control (ESC). Wheels that are compatible with these systems are in high demand, leading to the development of technologically advanced wheels.

Forecast

The sedan wheel market is poised for robust growth over the forecast period. The sedan wheel Market CAGR (growth rate) is expected to be around 3.23% during the forecast period (2024 - 2032). Key factors driving this growth include:

Rising Sedan Sales: The increasing production and sales of sedans, particularly in emerging markets, will drive demand for sedan wheels. Economic growth and rising disposable incomes in these regions are contributing to higher sedan sales.

Technological Innovations: Continuous advancements in wheel design and manufacturing technologies will result in the development of more efficient and high-performance wheels, attracting consumers.

Aftermarket Demand: The growing trend of customizing and upgrading sedan wheels will continue to drive demand in the aftermarket segment.

Environmental Initiatives: Manufacturers' efforts to develop eco-friendly wheels and sustainable manufacturing practices will attract environmentally conscious consumers.

Regional Analysis

The sedan wheel market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America

North America holds a significant share of the global sedan wheel market. The region's strong automotive industry, coupled with high consumer demand for sedans, drives market growth. The United States and Canada are key markets, with a high prevalence of both OEM and aftermarket sales.

Europe

Europe is another major market for sedan wheels, with countries like Germany, the UK, and France leading the charge. The region's focus on technological innovation and stringent environmental regulations drives the development of advanced and eco-friendly wheels. Additionally, the high demand for luxury sedans in Europe contributes to market growth.

Asia-Pacific

The Asia-Pacific region is expected to witness the highest growth rate during the forecast period. The rapid expansion of the automotive industry in countries like China, India, and Japan is a major factor driving market growth. Increasing disposable incomes and urbanization in these countries are leading to higher sedan sales, thereby boosting demand for sedan wheels.

Latin America

Latin America is also experiencing growth in the sedan wheel market. Brazil and Mexico are the primary contributors, driven by increasing automobile production and sales. The region's improving economic conditions and rising consumer preference for sedans support market development.

Middle East & Africa

The Middle East & Africa region is expected to show steady growth, with countries like the UAE and South Africa leading the market. The rising demand for high-performance and luxury sedans in these countries, coupled with improving automotive infrastructure, drives market growth.

Conclusion

The sedan wheel market is on a growth trajectory, driven by technological advancements, rising sedan sales, and increasing consumer preferences for customized and high-performance wheels. Regional markets in North America, Europe, and Asia-Pacific are expected to play crucial roles in this growth, supported by strong automotive industries and rising disposable incomes. As innovations continue to emerge and environmental concerns drive the development of eco-friendly wheels, the sedan wheel market will continue to expand, offering a wide range of options for consumers and manufacturers alike.

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Industrial Wax Market Growth Outlook to 2031

The Insight Partners stands out as a reliable ally in the syndicated market research and consultation through its steadfast commitment to the market research industry. With extensive experience and proven dedication, we have been delivering outstanding outcomes. With a team of researchers catering to distinct business requirements, we can emerge as a trusted research partner in the past decade.

By prioritizing precision and trust ahead, we are proud to announce the addition of the latest offering titled “Industrial Wax Market Growth Outlook to 2031”. This report ensures spotless coverage of recent updates and a range of business environment factors impacting the Industrial Wax market growth. The meticulous approach opted by our researchers can assist companies in transforming business space into the Industrial Wax market.

Industrial Wax market report offers a comprehensive analysis of regional and global scenarios. The scope of the market report extends to the competitive landscape, cost analysis, key players, specific market regions, profit margin, and market situation. A glance at wide-ranging factors restricting Industrial Wax market growth is deliberately included in this study.

Objectives of Industrial Wax Market Report

To deliver a detailed market overview by integrating quantitative and qualitative analysis

To unveil growth strategies by evaluating the competitive landscape and examining key companies against their position and strategic advantage

To offer estimates on sales volume, market share, size, and CAGR for the projected period.

To offer segment wise insights

This detailed report on Industrial Wax market size is heavily based on verified information and authoritative sources. The study intended to offer market players an overview of market opportunities in the coming period. This report helps clients as a first-hand source of knowledge on the market while providing a full-fledged analysis of each segment.

The study contains details on frontrunners in the market along with their recent collaborations, segments, revenues, product launches, and Industrial Wax market trends. It projects the competition in the Industrial Wax market for an estimated duration. This research further looks at industry channels and the performance of key market players to help businesses stay ahead in the market.

Our Report Sample May Brief On:

Scope of Industrial Wax market report

Brief introduction of Industrial Wax market and Industry Overview

Table of Contents

Top market players covered in this report

Report Structure

Research Methodologies by The Insight Partners

Regional Insights:

This section includes insights on different regions and key players present in the region. This section attempts to analyze the growth of a specific regional market based on economic, technological, and environmental factors. Readers may expect revenue-based data and sales insights gathered by our team after comprehensive research. This informative chapter remains an absolute perk for investors, as it will help them to understand potential investment value and expected returns in specific regions.

Report Attributes

Details

Segmental Coverage

Type

Fossil Based Wax

Synthetic Based Wax

Bio-Based Wax

Application

Candles

Packaging

Coatings and Polishes

Hot Melt Adhesives

Tires and Rubber

Cosmetics and Personal Care

Food

Others

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

ChinaPetrochemicalCorporation

ExxonMobilCorporation

HCIwax

NumaligarhRefineryLimited

PetroleoBrasileiroS.A.(Petrobras)

PJSCLUKOIL

SasolLimited

ShellInternationalB.V.

TheBlaysonGroupLtd

TheInternationalGroup,Inc.

Other key companies 

Why The Insight Partners?

Proven Expertise: The Insight Partners comprises expert market research analysts who have extensive industry-specific knowledge. Through this report, our team is bringing years of experience to the table while safeguarding the accuracy of insights.

Actionable Insights: TIP relies on a combination of primary and secondary research methodologies that drive tangible results. We are committed to keeping our offerings clear, accessible, and concise to guide businesses in the decision-making process.

Integration of Technology: We embrace technology in all its forms as the core of our research tactics. We use various tools and platforms to analyze and interpret the data. This allows timely results.

Summary:

Current and Future Market Estimates- Industrial Wax Market Share, and Size | 2031

Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities

Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.

Competition Matrix – Key Market Players and Strategies

Recent Developments and Innovation contributing Market Growth

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us: www.theinsightpartners.com

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Rubber Additives Market Growth Analysis, Forecasts 2031

The “Rubber Additives Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Rubber Additives market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business.  Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Rubber Additives market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.

Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Rubber Additives market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Rubber Additives Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.

Report Attributes

Details

Segmental Coverage

Type

Antidegradants

Accelerators

Others

Application

Tire

Non-Tire

End-Use Industry

Automotive

Wire and Cable

Building and Construction

Others

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

Lanxess AG

Solvay SA

Akzonobel N.V.

Arkema SA

BASF SE

China Petroleum and Chemical Corporation

Eastman Chemical Company

Emery Oleochemicals LLC

Behn Meyer Group

R. T. Vanderbilt Company, Inc.

Other key companies 

Competitive Landscape

Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Rubber Additives market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.

Key Coverings:

Current and Future Market Estimates- Rubber Additives Market Share, CAGR, and Forecast | 2031

Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities

Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.

Competition Matrix – Key Market Players and Strategies

Recent Developments and Innovation Contributing Market Growth

Need a Customized Market Research Report?

You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.

The following are some customizations our clients frequently ask for:

The Rubber Additives market report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Key Questions Addressed in the Rubber Additives Market Research Include:

What are present Rubber Additives market values, and what can be expected in the upcoming decade?

What are the key segments in the Rubber Additives market?

What is the regional distribution of the Rubber Additives market report?

What are the key players and their recent strategies?

What are the key factors driving Rubber Additives market growth?

What are regulatory concerns and requirements businesses have to compel?

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

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Polymers Market - Forecast, 2024-2030

Global Polymers Market 

Global Polymers Market size is forecast to reach around $ 997.77 billion by 2030, after growing at a CAGR of 5.4% during 2024-2030. Polymer is one of the widely used chemical products in almost all the sectors such a medical, aerospace, packaging, automotive, construction, electrical appliances, and medical sector, and consequently, the global polymers market is thriving. Polymers are used widely as a substitute of metal and mineral based products due to its high performance, cost-effectiveness, and low weight. Increase in the retail sector and prospering e-commerce industry is demanding for more packaging material that is influencing the significance of the polymers market. The major factors driving the growth of this market are the increasing demand for polymers in various end-use industries, the rising adoption of lightweight and sustainable materials, the technological innovations, and the supportive government policies and initiatives. However, some of the challenges faced by this market are the fluctuations in the raw material prices, the environmental concerns, the competition from alternative materials, and the trade barriers. Furthermore, growing demand for polymer in the electronic industry for the manufacturing of different electrical parts such as switches and sockets are driving the Polymers Market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Polymers Market – Forecast (2024-2030)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Polymers Market.

By Type: Polypropylene, Polyethylene (HDPE, LDPE, LLDPE, and Others), Polyvinyl Chloride, Polystyrene (Expanded Polystyrene (EPS) and Extruded Polystyrene (XPS)), Polyurethane (Flexible Polyurethane Foam, Rigid Polyurethane Foam, Thermoplastic polyurethane (TPU), and Others), and Others.

By Process: Injection Moulding, Extrusion, and Others.

By End-Use Industry: Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa) 

Key Takeaways

In the Latin America region, Brazil is the major market for the Polymer owing to a rise in the purchasing power of consumers, growing consumer packaged goods market, and rise in corn, wheat, and sugarcane production and consumption across the country owing to the Bio-based plastic and polymers are gaining prominent growth. 

The polymers are observed to be the better substitutes than glass, and metals that is leveraging the polymers market. The increasing demand for specialty polymers are fuelling the growth of the polymers market.

Progression in 3D printing is improving the growth aspects of polymers and plastic manufacturing. The changing preference of consumers from metal 3D printing to plastic material 3D printing is leading to substantial growth in the polymers market.

Fluctuation in international oil prices tend to force companies to search for an alternative stable source of the raw material for packaging, which further provides lucrative opportunities for the growth of Polymer industry.

Evolution of the natural and environment-friendly polymers in the packaging sector for food packaging, cosmetics packaging and pharmaceutical packaging is driving the growth.

Comparatively lower awareness about the biodegradable polymer in emerging nations like India, Thailand, South Africa and Qatar are hampering the market growth.

[marketingreportz]

Butadiene Market - Forecast(2024 - 2030)

Butadiene Market Overview

The Butadiene Market size is estimated at 12.11 million tons in 2023, and is expected to reach 15.94 million tons by 2030, growing at a CAGR of 3.71% during the forecast period (2024–2030). Butadiene is colorless and has a highly reactive nature with a monoisotopic mass of 54.046g/mol and is majorly used in petrochemical, rubber, automotive tires, latexes, coatings, gloves, and others. It is produced as a by-product from propylene and ethylene manufacturing, along with aromatic hydrocarbons, and is useful in the synthesis of cycloalkanes and cycloalkenes, through diels-alder reactions. The excellent properties such as strength, heat resistance, and high performance make it the best option for application in the automotive, electronics, construction, and medical industry Butadiene serves as a crucial component in the production of synthetic rubbers and elastomers, notably including polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), nitrile rubber (NR), and polychloroprene (Neoprene). These materials find extensive applications across various industries, with PBR and SBR prominently used in tire manufacturing, while Neoprene and nitrile rubber are favored for producing a wide range of products such as gloves, seals, gaskets, hoses, wetsuits, and foams. Additionally, styrene-butadiene (SB) latex is utilized in the production of carpet and paper coatings. Polybutadiene rubber (BR, PBR), known for its cost-effectiveness and high volume production, often serves as a substitute for natural rubber (NR). Its synthesis typically involves anionic polymerization or coordination polymerization of 1,3-butadiene in non-polar solvents, favored for its ability to tightly control molecular weight (MW) and ensure high stereoregularity, making it a preferred method in the industry.

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The report: “Butadiene Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Barium Sulphate Industry. Market.

By Production Process: Steam Cracking, Foundry Process, Oxo-D Process.

By Product: Styrene butadiene rubber, Acrylonitrile butadiene styrene, Polybutadiene rubber, Nitrile rubber, and Others

By Application: Synthetic Rubber, Thermoplastic Rubber, Latexes, Conveyor Belt, Surgical Gloves, Golf Ball, Tires, and Others

By End-Use Industry: Automotive Industry (Commercial Vehicles, Passenger Vehicles, Automotive Components, and Others), Electronics Industry (Electronic Enclosures, Home Appliances, Computer, and Others), Chemical Industry, Construction, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa).

Key Takeaway

• The growth in the automotive production and construction industry in the Asia-Pacific region will create a drive in the butadiene market, due to the high demand for butadiene-derived products such as polybutadiene rubber, synthetic rubbers, styrene-butadiene latex, and others.

• The styrene butadiene rubber holds a major share in the butadiene industry, owing to its application in high-performance tires, automotive components, belts, gaskets, and others.

• The rising awareness regarding environmental and health concerns, along with increasing prices of crude oil is estimated to create a hindrance in the growth of the butadiene market.

Butadiene Market Segment Analysis — By Production Process

The demand for synthetic rubbers, and consequently the butadiene market, is heavily influenced by the automotive industry, while its supply relies on the ethylene industry due to its essential role in the steam cracking process. Consequently, fluctuations in supply and demand in other markets exert significant impacts on the butadiene industry. Factors such as the advancement of environmentally-friendly methods for polymer emulsion production, increasing demand for water-based solvents and coatings, and the expansion of industrial sectors such as automotive and consumer durables contribute to the global market’s growth trajectory. Furthermore, the consumption is estimated to reach 1.2 million by 2025 in India. Thus, the growth and demand for butadiene derived rubber and major applications in automotive will boost the steam cracking manufacturing process segment in the forecast period.

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Butadiene Market Segment Analysis — By Product

By product, the styrene butadiene rubber segment is expected to have the largest share in the forecast period and is expected to grow at a CAGR of over 7.5%. It contains 23% styrene and 77% butadiene and is used as the primary material to make tires, shoe soles, and plastic materials. The SBR-1500 is a high molecular weight combining good extrusion and avoiding product degradation. The styrene-butadiene rubber has various applications such as automotive, consumer products, footwear, electronics, molded rubber products, and others. The automotive industry makes major use of styrene butadiene rubber due to its increasing dominance for automotive tires, belts, and other automotive components in the forecast period. China is the largest textile-producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. In February 2022, the Chinese textile export reached an all-time high of USD 24741 million.

Butadiene Market Segment Analysis — By Application

By application, the synthetic rubber segment is expected to have the largest growth share of over 48% in 2023 due to its application in the automotive industry and is expected to dominate the butadiene market size in the coming years. The butadiene is used as a major material for producing rubber and tires for various vehicles. Synthetic rubber has its application in industrial rubber, wires, belts, footwear, airplane tires, and surgical gloves. synthetic rubber segment. In the first three months of 2023, there was a positive and optimistic attitude in the Chinese market. After the Lunar New Year holidays, people began buying stocks again, leading to an increase in the prices of butadiene in China. There was a consistent demand for butadiene from industries that use it to make polymers and synthetic rubber in the Asian market.

Butadiene Market Segment Analysis- By End-Use Industry

Butadiene serves as a primary ingredient in the production of various synthetic rubbers and elastomers, including polybutadiene rubber (PBR), nitrile rubber (NR), styrene-butadiene rubber (SBR), and polychloroprene (Neoprene). These materials are integral in the manufacturing of a diverse range of goods and raw materials. Notably, in the production of acrylonitrile-butadiene-styrene (ABS) resin, which finds extensive applications in plastics manufacturing, butadiene-based rubber plays a pivotal role as a key component.

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Polybutadiene, in particular, is a commonly utilized material in tire manufacturing, with its production accounting for over 70% of tires manufactured globally. Its predominant use in tires is attributed to its effectiveness in sidewall construction, where it helps mitigate strain induced by continuous bending during operation. Consequently, the demand for butadiene in the automotive sector is projected to witness a notable increase in the foreseeable future.

By Geography — Segment Analysis

The Asia Pacific holds the largest share of around 48% in the butadiene market size, due to the major end-use industry in the region for the year 2023 and is expected to grow during the forecast period. The demand for butadiene is high in APAC nations due to rising automotive, construction, healthcare, and electronic applications. Butadiene products such as styrene butadiene rubber, polybutadiene, and others are majorly used in tires, automotive exhausts, conveyor belts, and others.The increasing demand for butadiene and its derivatives is likely to boost the growth in the market. Furthermore, China is emerging to dominate the butadiene market share owing to increased ethylene manufacturing preference in this region. Thus, the butadiene products will see a major growth owing to their rising dominance and application in various end-use industries, thereby creating a traction for the butadiene market in the forecast period. The Asia-Pacific region dominated the butadiene market. The downstream market in Asia-Pacific witnessed a huge spur in the past few years, owing to which the demand for butadiene has rapidly increased. China is one of the largest chemical manufacturing hubs in the world, with a wide range of industries. The Chinese butadiene market is expected to witness significant growth due to the presence of a large number of indigenous players.

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Drivers — Butadiene Market

An increase in Automotive productions in the forecast period is driving the demand for the Butadiene Market.

An increase in automotive production has boosted the global butadiene market. Various butadiene-derived products such as polybutadiene rubber, styrene-butadiene rubber, nitrile rubber, and others are used in automotive for production of the tires, conveyor belts, and other components. The acrylonitrile butadiene rubber resin is majorly used in automotive to reduce the weight of tires, due to the rising trend for lightweight tires and vehicle bodies. The component enhancements such as wear, rolling resistance, and traction make it a preferable option in the automotive industry. In India, there are 41 tire manufacturers and around 6,000 non-tire manufacturers producing seals, conveyor belts, and extruded and molded rubber profiles to be used in automotive, railway, defense, aerospace, and other applications.Thus, the increasing tire production and demand will create a major drive in the market and overall butadiene industry outlook.

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Rise of butadiene product derivatives for industrial and medical application

The growth of butadiene for medical applications will create a major drive in the butadiene market. The acrylonitrile butadiene styrene offers high strength, resistance, and performance, which makes it suitable for industrial, electronics, and medical uses. The growth of synthetic rubber-based gloves in pandemics has led to a major rise in demand for butadiene. The demand for acrylonitrile butadiene styrene is increasing owing to the application and demand from medical end-users such as respiratory devices, miniature implants, insulin pens, and others. For instance, STYROFAN by BASF has major applications as binders in building materials, carpet, construction, and others. Furthermore, the application of styrene-butadiene for coating applications of carpet backs, paper, and others will create a demand in the market, along with the rising usability of other derivatives in manufacturing, footwear, packaging, and other applications. Thus, the global butadiene market will see a drive owing to the various industrial and medical applications of the butadiene product in the forecast period.

Challenges — Recycled Polyethylene Terephthalate Market

Increasing health concerns and safety threats can create challenges to butadiene production

The butadiene has various applications in personal care, healthcare, and automotive. The rising health concerns regarding the exposure and carcinogenic presence can become a hindrance. According to Environmental Protection Agency (EPA), the 1,3 butadiene is cited as a carcinogenic substance. Prolonged exposure can create issues such as headache, dizziness, leukemia, and cardiovascular problems. Thus, it will lead to a decrease in production and consumption of the butadiene, thereby creating a major challenge for the butadiene market due to health safety and halted production Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies that are adopted by the dominant players in the market. Butadiene top 10 companies include:

1. Royal Dutch Shell Plc.

2. TPC Group Inc

3. BASF SE

4. ExxonMobil Chemical Company

5. Braskem

6. ENI S.p.a

7. LyondellBasell

8. Linde Group

9. LG Chem

10. Haldia Petrochemicals

Developments:

In In July 2022, Sinopec and INEOS Group announced agreements to collaborate on three joint ventures aimed at expanding the production of petrochemicals to help meet rising demand in China’s market. INEOS acquired 50% of Sinopec subsidiary SECCO Petrochemical Co. Ltd. ( which produces butadiene). INEOS and Sinopec will form a new 50–50 joint venture to focus on increasing China’s production capacity of acrylonitrile butadiene styrene (ABS) by up to 1.2 million tons per year (tpy) via the construction of two new 300,000-tpy ABS plants.

In June 2022, BASF extended its series of Licity anode binders for Li-ion battery manufacturing. The second-generation styrene-butadiene rubber (SBR) binder Licity 2698 X F facilitates the use of silicon contents exceeding 20%. The product also offers higher capacity, an increased number of charge/discharge cycles, and reduced charging times.

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Styrene Butadiene Rubber (SBR) Latex Market 2024 Incredible Possibilities, Growth With Industry Study, Detailed Analysis And Forecast To 2032

Market Overview/Outlook (2022 to 2032)

The global market for SBR Latex is expected to grow between 2023 and 2032, due to the demand for sealant and adhesive applications, growth of the construction industry, applications of paper coating, and tire manufacturing.

The Global Styrene Butadiene Rubber (SBR) Latex Market was valued at USD 9.51 Billion in 2022 and is projected to reach USD 14.75 Billion by 2032, registering a CAGR of 3.70% for the forecast period 2023-2032.

The report offers an in-depth examination of the global Styrene Butadiene Rubber (SBR) Latex market for the years 2024 – 2032, wherein 2022 is the base year and, 2024 to 2032 is the forecast period. Data for 2018-2022 has been included as historical data. The study gives a comprehensive viewpoint on market development, throughout the forecast period in terms of revenue estimates (in US$ Mn), across various regions, such as North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The report aims to offer a comprehensive analysis on the global Styrene Butadiene Rubber (SBR) Latex Market. It concentrates on the market dynamics, technological inclinations, and understandings on different end-user industries and product types. Additionally, it examines the key players and the competitive landscape in the global Styrene Butadiene Rubber (SBR) Latex market.

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List of Prominent Players:

Rockwood Lithium

AkzoNobel

Chemtura

Asahi Kasei

Bridgestone

LANXESS

MICHELIN

China Petroleum & Chemical

JSR

Reliance Industries Limited

Zeon Corporation

LG Chem

Trinseo

KUMHO Petrochemical

Goodyear Rubber Company

Others

Read Full Report Summary @ https://isayresearch.com/report/2291/global-sbr-latex-market/

Segmentations:

The global Styrene Butadiene Rubber (SBR) Latex market is categorized depend on types, applications, and regions. The segmental analysis emphases on revenue and forecast by region, by type, and by application for the period 2018-2028. The geographical segmentation consists of the historic as well as forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Segmentation of Global SBR Latex Market:

By Type:

Emulsion SBR Latex

Solution SBR Latex

By Application:

Paper Processing

Fiber Processing

Glass Fiber Processing 

Mortar Additives

Paints and Coatings

Adhesive

Regional Analysis:

The global Styrene Butadiene Rubber (SBR) Latex market report provides in-depth assessment of the growth and other aspects in important regions, such as United States, Canada, United Kingdom, Germany, France, China, Japan, India, Mexico, Brazil, GCC Countries, and South Africa etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The report provides detailed valuation of the development and other aspects of the global Styrene Butadiene Rubber (SBR) Latex market in important countries (regions), including:

North America (U.S., Canada)

Europe (UK, Germany, France, and Rest of Eu)

Asia-Pacific (China, Japan, India, Rest of APAC)

Latin America (Mexico, Brazil, and Rest of LA)

Middle East and Africa (GCC countries, South Africa, and Rest of MEA)

Read More Insight @ https://www.linkedin.com/pulse/sbr-latex-market-analysis-key-technologies-industry-insights-ramsey-earjf

Key Benefits of the Report

This study presents the analytical depiction of the global Styrene Butadiene Rubber (SBR) Latex industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Styrene Butadiene Rubber (SBR) Latex market share.

The current market is quantitatively analyzed from 2021 to 2028 to highlight the global Styrene Butadiene Rubber (SBR) Latex market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Styrene Butadiene Rubber (SBR) Latex market.

The report provides a detailed global Styrene Butadiene Rubber (SBR) Latex market analysis depending on competitive intensity and how the competition will take shape in coming years.

Company Profile

iSay Research is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market.

Contact

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United States

Tel: +14156709191

Email: support@isayresearch.com

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Airless Tires Market to See Huge Growth by 2030

Global Airless Tires Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some are the key & emerging players that are part of coverage and have being profiled are Michelin Group (France), Cooper Tire & Rubber Company (United States), Goodyear Tire & Rubber Company (United States), Hankook Tire Group (South Korea), Bridgestone Corporation (Japan), Tannus Ltd. (United Kingdom), Toyo Tires (Japan), Sumitomo Rubber Industries (Japan), Amerityre Corporation (United States), Kenda Rubber Industrial Company (Taiwan), Marathon Industries, Inc. (United States). Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/27848-global-airless-tires-market The airless tire is tires which are not upheld by air pressure. It is used in small vehicles, for example, riding yard cutters and mechanized golf trucks. They are additionally used in irresistible hardware, such as excavators, which are required to work on locales, for example, building obliteration, where the danger of tire punctures is high. Tires made out of shutting cell polyurethane froth are also made for bikes and wheelchairs. The main thing which must be considered when trying to design a non-pneumatic tire is the issue of deformation. The tire must be strong enough to hold the car and withstand a large amount of abuse, and also be able to deform slightly when it comes in contact with the road.

The titled segments and sub-section of the market are illuminated below:

by Type (Radial, Bias), Vehicle (Light Commercial Vehicles, Heavy Commercial Vehicles, Military Vehicles, Passenger Cars, Two-Wheelers), Sales Channel (Original Equipment Manufacturers, Aftermarket), Material (Rubber, Plastic)

Market Trends:

Evolving More Reliable and Seamless Airless Tire Design

Increasing Emphasis on 3D-Printed Airless Tires

Opportunities:

Upsurge in Demand for Airless Tires in Aftermarket and Technological Advancements

Market Drivers:

Prevent Accidents Due To Blowouts and Punctures Which Ensure Safety

Rise in Number of Heavy Commercial Vehicles Due To Urbanization

Global Airless Tires market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years. Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global Airless Tires Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/27848-global-airless-tires-market Points Covered in Table of Content of Global Airless Tires Market:

Chapter 01 – Airless Tires Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Airless Tires Market - Pricing Analysis

Chapter 05 – Global Airless Tires Market Background

Chapter 06 -- Global Airless Tires Market Segmentation

Chapter 07 – Key and Emerging Countries Analysis in Global Airless Tires Market

Chapter 08 – Global Airless Tires Market Structure Analysis

Chapter 09 – Global Airless Tires Market Competitive Analysis

Chapter 10 – Assumptions and Acronyms Chapter 11 – Research Methodology Read Detailed Index of full Research Study at @https://www.advancemarketanalytics.com/reports/27848-global-airless-tires-market Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

[themarketinsights]

Rubber Additives Market to See Booming Growth | Kraton, Lanxess, Celanese, Prisma Rubber Additives, King Industries

Latest Study on Industrial Growth of Rubber Additives Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Rubber Additives market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/63766-global-rubber-additives-market-1?utm_source=Benzinga&utm_medium=Vinay

Major players profiled in the study are:

Lanxess (Germany), Akzo Nobel N.V. (The Netherlands), Celanese Corporation (United States), Toray (Japan), BASF (Germany), Struktol (United States), Prisma Rubber Additives (United Kingdom), Kraton Corporation (United States), Performance Additives (Malaysia), Peter Greven (Germany), King Industries, Inc. (United States)

Scope of the Report of Rubber Additives

Rubber Additives are the processed and synthesized rubber polymers that are generated after chemical reactions. Rubber Additives market is expected to mark significant growth over forecasted period owing to increasing consumers spending on rubber and tire industry, wires & cables, insulation, tapes, gaskets, conveyer belts applications and technological advancement. Rising disposable income in developing countries is pushing the demand for the automotive market. Increase in the demand for tires from the automotive industry is expected to boost the growth of the rubber additives market.

In April 2019, LANXESS launched a new organic lubricant additive for passenger car and high-performance engine oils which is beneficial in providing surface-active anti-wear additives, detergents and molybdenum dithiocarbamates.

In August 2018, SK acquired SI Group. This acquisition is beneficial in escalating commercialization around the world. It also offers opportunities for rubber antioxidants, stabilizers and antiozonants for the tire, automotive, aerospace, defense and construction industries

The Global Rubber Additives Market segments and Market Data Break Down are illuminated below:

by Type (Rubber Antioxidant, Rubber Accelerators, Insoluble Sulfur, Others), Application (Tire & Tubing, Consumer Goods, Construction, Electrical Insulation), Mechanism (Blooming, Diffusion)

Market Opportunities:

Proliferation of Rubber Additives at Asia- Pacific Regions.

Upsurge Emergence of High-Performance Rubbers.

Market Drivers:

Increase Demand of Rubber Additives in Automotive Industry.

Rapid Demand from Non-Tire Rubber Applications.

Market Trend:

Collaboration and Tie Up Of Leading Players

Substitutes Available For Rubber Additives

What can be explored with the Rubber Additives Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Rubber Additives Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Rubber Additives

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Rubber Additives Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/63766-global-rubber-additives-market-1?utm_source=Benzinga&utm_medium=Vinay

Table of Contents

Global Rubber Additives Market Research Report

Chapter 1 Global Rubber Additives Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Rubber Additives Market Forecast

Finally, Rubber Additives Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=63766?utm_source=Benzinga&utm_medium=Vinay

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact Us:

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

#RubberAdditives

#GlobalRubberAdditivesMarket

#RubberAdditivesMarket

[ankit2396]

Compression Coupling Market Segmentation, Research Methodology And Revenue Growth Forecast Till 2030

Global “Compression Coupling Market” research report is a comprehensive analysis of the current status of the Compression Coupling industry worldwide. The report categorizes the global Compression Coupling market by top players/brands, region, type, and end-user. It also examines the competition landscape, market share, growth rate, future trends, market drivers, opportunities, and challenges in the global Compression Coupling market. The report provides a professional and in-depth study of the industry to help understand its current state and future prospects.

Browse More Details On This Report at - https://www.businessresearchinsights.com/market-reports/compression-coupling-market-103436 What Are The Prominent Key Player Of the Compression Coupling Market?

Optibelt

Tecnamic

Climax

Ruland

Breeze

Huco

Grundfos

Jakob

HMA

JCM Industries

Zero-Max

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Compression Coupling

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Regional Segment of Compression Coupling Market:

Geographically, the report includes research on production, consumption, revenue, market share, and growth rate of the following regions:

United States

Europe (Germany, UK, France, Italy, Spain, Russia, Poland)

China

Japan

India

Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)

Latin America (Brazil, Mexico, Colombia)

Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)

The global Compression Coupling Market report answers the following questions:

What are the main drivers of the global Compression Coupling market? How big will the Compression Coupling market and growth rate in upcoming years?

What are the major market trends that affecting the growth of the global Compression Coupling market?

Key trend factors affect market share in the world's top regions?

Who are the most important market participants and what strategies being they pursuing in the global Compression Coupling market?

What are the market opportunities and threats to which players are exposed in the global Compression Coupling market?

Which industry trends, drivers and challenges are driving that growth?

Contact Us:

Business Research Insights

Phone:

US: (+1) 424 253 0807

UK: (+44) 203 239 8187

Email: sales@businessresearchinsights.com

Web: https://www.businessresearchinsights.com

Other Reports Here:

Miniature Keyboard Industry Analysis

Paste Thickener Market Share

Atmosphere Controlled Container Industry Analysis

Tire Protection Sales Market Share

Digital battery analyzers Industry Analysis

Fiberglass Brush Market Share

SMB & SME NAS Market Size

Automotive Lifts Industry Analysis

Company Secretarial Software Market Size

Electronic Skin Patches Market Size

[jayanthitbrc]

Exploring the Global Construction Tire Market: Growth Analysis and Key Drivers

The Construction Tire Global Market Report 2023, provides comprehensive information on the construction tire market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Construction Tire Market’s Growth:

As per The Business Research Company’s Construction Tire Global Market Report 2023, the global construction tire market size is expected to grow from $1.58 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. 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 global construction tire market is expected to grow to $1.92 billion in 2027 at a CAGR of 3.8%. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=9484&type=smp

Product innovations are a key trend gaining popularity in the construction tire market. Major companies operating in the market are introducing innovative solutions to sustain their position in the market. For instance, in June 2021, Goodyear Tire and Rubber Company, a US-based tire manufacturing company, launched SightLine, an intelligent tire solution. SightLine enables safer and more reliable mobility with cargo vans used for field service, construction, and last-mile delivery industries. This enables the tires to provide feedback on the tire and road conditions for connected and autonomous mobility.

The construction tire market is segmented:

1) By Tire Type: Radial, Bias, Solid, Other Tire Type

2) By Equipment Type: Excavators, Backhoe, Bulldozers, Graders, Wheel Tractor Scraper, Trenchers, Loaders, Tower Cranes, Compactors, Other Construction Equipment

3) By Tire Size: Less than 20”, 21” to 30”, 31” to 40”, 41” to 50”, 51” to 60”, More than 61”

4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Asia-Pacific was the largest region in the construction tire market in 2022.

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

1. Executive Summary

2. Construction Tire Market Characteristics

3. Construction Tire Market Trends And Strategies

4. Construction Tire Market - Macro Economic Scenario. ……...

28. Key Mergers And Acquisitions In The Construction Tire Market

29. Construction Tire Market Future Outlook and Potential Analysis

30. Appendix

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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