Global Tire Material Market Size, Share, Growth Analysis Report - Forecast 2034

Tire Material Market

Tire Material Market By Type (Elastomers, Reinforcing Fillers, Plasticizers, Chemicals, Metal Reinforcements, and Textile Reinforcements), By Vehicle Type (Passenger Cars, Buses, Trucks, and LCV), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Heavy Industry Report Format : PDF Pages: 166 Report Code: ZMR-3380 Published Date: Apr-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 84.90 Billion USD 111.75 Billion 3.1% 2024

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Tire Material Market, (2022 - 2028) (USD Billion)
    • 2.2 Global Tire Material Market : snapshot
  • Chapter 3. Global Tire Material Market - Industry Analysis
    • 3.1 Tire Material Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising manufacture of automotive to spur the market growth
    • 3.3 Market Restraints
      • 3.3.1. Fluctuating prices of raw materials hamper the market growth
    • 3.4 Market Opportunities
      • 3.4.1. Growing inclination towards use of biodegradable materials to fuel the market during the forecast period
    • 3.5 Market Challenges
      • 3.5.1. The environmental consequences of tires may pose a challenge to market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Vehicle Type
  • Chapter 4. Global Tire Material Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Tire Material Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Tire Material Market - Type Analysis
    • 5.1 Global Tire Material Market overview: By Type
      • 5.1.1 Global Tire Material Market share, By Type, 2021 and 2028
    • 5.2 Elastomers
      • 5.2.1 Global Tire Material Market by Elastomers, 2022 - 2028 (USD Billion)
    • 5.3 Reinforcing Fillers
      • 5.3.1 Global Tire Material Market by Reinforcing Fillers, 2022 - 2028 (USD Billion)
    • 5.4 Plasticizers
      • 5.4.1 Global Tire Material Market by Plasticizers, 2022 - 2028 (USD Billion)
    • 5.5 Chemicals
      • 5.5.1 Global Tire Material Market by Chemicals, 2022 - 2028 (USD Billion)
    • 5.6 Metal Reinforcements
      • 5.6.1 Global Tire Material Market by Metal Reinforcements, 2022 - 2028 (USD Billion)
    • 5.7 Textile Reinforcements
      • 5.7.1 Global Tire Material Market by Textile Reinforcements, 2022 - 2028 (USD Billion)
  • Chapter 6. Global Tire Material Market - Vehicle Type Analysis
    • 6.1 Global Tire Material Market overview: By Vehicle Type
      • 6.1.1 Global Tire Material Market share, By Vehicle Type, 2021 and 2028
    • 6.2 Passenger Cars
      • 6.2.1 Global Tire Material Market by Passenger Cars, 2022 - 2028 (USD Billion)
    • 6.3 Buses
      • 6.3.1 Global Tire Material Market by Buses, 2022 - 2028 (USD Billion)
    • 6.4 Trucks
      • 6.4.1 Global Tire Material Market by Trucks, 2022 - 2028 (USD Billion)
    • 6.5 LCV
      • 6.5.1 Global Tire Material Market by LCV, 2022 - 2028 (USD Billion)
  • Chapter 7. Tire Material Market - Regional Analysis
    • 7.1 Global Tire Material Market Regional Overview
    • 7.2 Global Tire Material Market Share, by Region, 2021 & 2028 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Tire Material Market, 2022 - 2028 (USD Billion)
        • 7.3.1.1 North America Tire Material Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 North America Tire Material Market, by Type, 2022 - 2028
      • 7.4.1 North America Tire Material Market, by Type, 2022 - 2028 (USD Billion)
    • 7.5 North America Tire Material Market, by Vehicle Type, 2022 - 2028
      • 7.5.1 North America Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
    • 7.4. Europe
      • 7.4.2 Europe Tire Material Market, 2022 - 2028 (USD Billion)
        • 7.4.2.1 Europe Tire Material Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Europe Tire Material Market, by Type, 2022 - 2028
      • 7.4.1 Europe Tire Material Market, by Type, 2022 - 2028 (USD Billion)
    • 7.5 Europe Tire Material Market, by Vehicle Type, 2022 - 2028
      • 7.5.1 Europe Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Tire Material Market, 2022 - 2028 (USD Billion)
        • 7.5.3.1 Asia Pacific Tire Material Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Asia Pacific Tire Material Market, by Type, 2022 - 2028
      • 7.4.1 Asia Pacific Tire Material Market, by Type, 2022 - 2028 (USD Billion)
    • 7.5 Asia Pacific Tire Material Market, by Vehicle Type, 2022 - 2028
      • 7.5.1 Asia Pacific Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
    • 7.6. Latin America
      • 7.6.4 Latin America Tire Material Market, 2022 - 2028 (USD Billion)
        • 7.6.4.1 Latin America Tire Material Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Latin America Tire Material Market, by Type, 2022 - 2028
      • 7.4.1 Latin America Tire Material Market, by Type, 2022 - 2028 (USD Billion)
    • 7.5 Latin America Tire Material Market, by Vehicle Type, 2022 - 2028
      • 7.5.1 Latin America Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Tire Material Market, 2022 - 2028 (USD Billion)
        • 7.7.5.1 The Middle-East and Africa Tire Material Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 The Middle-East and Africa Tire Material Market, by Type, 2022 - 2028
      • 7.4.1 The Middle-East and Africa Tire Material Market, by Type, 2022 - 2028 (USD Billion)
    • 7.5 The Middle-East and Africa Tire Material Market, by Vehicle Type, 2022 - 2028
      • 7.5.1 The Middle-East and Africa Tire Material Market, by Vehicle Type, 2022 - 2028 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 JSR Corporation
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Exxon Mobil Corporation
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Cabot Corporation
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Birla Carbon
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Bekaert
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Sinopec
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 PetroChina Company Limited
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Orion
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 LANXESS
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Kuraray Co. Ltd.
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Tire Material Market, 2022 - 2028 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Tire Material Market attractiveness, By Type
  • 6. Global Tire Material Market attractiveness, By Vehicle Type
  • 7. Global Tire Material Market share by Type, 2022 and 2028 (USD Billion)
  • 8. Global Tire Material Market by Elastomers, 2022 - 2028 (USD Billion)
  • 9. Global Tire Material Market by Reinforcing Fillers, 2022 - 2028 (USD Billion)
  • 10. Global Tire Material Market by Plasticizers, 2022 - 2028 (USD Billion)
  • 11. Global Tire Material Market by Chemicals, 2022 - 2028 (USD Billion)
  • 12. Global Tire Material Market by Metal Reinforcements, 2022 - 2028 (USD Billion)
  • 13. Global Tire Material Market by Textile Reinforcements, 2022 - 2028 (USD Billion)
  • 14. Global Tire Material Market share by Vehicle Type, 2022 and 2028 (USD Billion)
  • 15. Global Tire Material Market by Passenger Cars, 2022 - 2028 (USD Billion)
  • 16. Global Tire Material Market by Buses, 2022 - 2028 (USD Billion)
  • 17. Global Tire Material Market by Trucks, 2022 - 2028 (USD Billion)
  • 18. Global Tire Material Market by LCV, 2022 - 2028 (USD Billion)
  • 19. Global Tire Material Market share, by Region, 2022 and 2028
  • 20. North America Tire Material Market, 2022 - 2028 (USD Billion)
  • 21. Europe Tire Material Market, 2022 - 2028 (USD Billion)
  • 22. Asia Pacific Tire Material Market, 2022 - 2028 (USD Billion)
  • 23. Latin America Tire Material Market, 2022 - 2028 (USD Billion)
  • 24. The Middle-East and Africa Tire Material Market, 2022 - 2028 (USD Billion)

Table Of Tables

  • 1. Global Tire Material Market: Snapshot
  • 2. Drivers of the Tire Material Market: impact analysis
  • 3. North America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 4. North America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 5. U.S. Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 6. U.S. Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 7. Canada Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 8. Canada Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 9. Europe Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 10. Europe Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 11. Germany Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 12. Germany Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 13. France Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 14. France Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 15. U.K. Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 16. U.K. Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 17. Italy Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 18. Italy Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 19. Spain Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 20. Spain Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 21. Rest of Europe Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 22. Rest of Europe Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 23. Asia Pacific Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 24. Asia Pacific Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 25. China Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 26. China Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 27. Japan Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 28. Japan Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 29. India Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 30. India Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 31. South Korea Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 32. South Korea Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 33. South-East Asia Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 34. South-East Asia Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 35. Rest of Asia Pacific Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 36. Rest of Asia Pacific Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 37. Latin America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 38. Latin America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 39. Brazil Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 40. Brazil Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 41. Mexico Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 42. Mexico Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 43. Rest of Latin America Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 44. Rest of Latin America Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 45. The Middle-East and Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 46. The Middle-East and Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 47. GCC Countries Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 48. GCC Countries Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 49. South Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 50. South Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)
  • 51. Rest of Middle-East Africa Tire Material Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 52. Rest of Middle-East Africa Tire Material Market revenue, By Vehicle Type, 2022 - 2028 (USD Billion)

Methodology

FrequentlyAsked Questions

The global tire material market is expected to grow due to increasing vehicle production, rising demand for durable and fuel-efficient tires, and advancements in sustainable tire materials.

According to a study, the global tire material market size was worth around USD 84.90 Billion in 2024 and is expected to reach USD 111.75 Billion by 2034.

The global tire material market is expected to grow at a CAGR of 3.1% during the forecast period.

Asia-Pacific is expected to dominate the tire material market over the forecast period.

Leading players in the global tire material market include JSR Corporation, Exxon Mobil Corporation, Cabot Corporation, Birla Carbon, Bekaert, Sinopec, PetroChina Company Limited, Orion, LANXESS, and Kuraray Co.,Ltd, among others.

The report explores crucial aspects of the tire material market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

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List of Contents

Market SizeOverviewKey InsightsGrowth DriversRestraintsOpportunitiesChallenges.Segmentation AnalysisReport ScopeRecent DevelopmentsRegional LandscapeCompetitive AnalysisThe global tire material market is segmented as follows;

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