1. Market Research
  2. > Automotive
  3. > Tire Market Trends
  4. > Strategic Analysis of the Global Tire Materials Market : Tire OEM Emphasis on High-Performance Materials will Drive Market Revenue

Key Findings

•The implementation of stringent tire labeling and fuel economy regulations in the developed economies of the world have caused a redesigning of structural components—such as tread patterns and reformulating compounds—in tires. Tire original equipment manufacturers (OEMs) across the globe seek to reduce rolling resistance, increase wear resistance, and improve fuel economy for vehicle owners.
•Synthetic rubber manufacturers are making strategic investments to shift production from standard grades to high-performance solution-styrene butadiene (S-SBR) and neodymium poly-butadiene (Nd-PBR) rubbers.
•The growth in the usage of Nd-PBR and S-SBR in tire treads has spurred innovation in reinforcing filler technologies to reduce rolling resistance. There is an increasing substitution of carbon black with silica and polymer nano-composite fillers in tire treads.
•Steel and polyester cords remain the most preferred in the tire industry. As they are used extensively in radial tires, the rapid adoption of these tires in Asia-Pacific has driven the revenue for reinforcement cords. The usage of nylon cords is expected to be high in Asia-Pacific due to greater presence of bias ply tires in the light commercial vehicles (LCVs) of this region.
•After a ban in Europe in 2010, distillate aromatic extract (DAE) is in the process of being phased out globally. This processing oil has been replaced by environment-friendly treated-distillate aromatic extract (TDAE), mild extraction solvate (MES), and naphthenic oils.
•Naphthenic oils are expected to gain market share in processing oils owing to their excellent solubility, sustainability, and competitive pricing compared to TDAE and MES.

Strategic Factsheet

•The global tire materials market was valued at $ x billion in 2014.
•Reinforcement cords and processing oils are the fastest-growing segments.
•Synthetic rubbers and fillers remain fragmented markets.
•Price, product performance, and brand recognition are the key competitive factors.
•The global tire materials market is expected to reach $ x billion by 2021.
•Unit shipments are expected to reach x kilotons by 2021 growing at a CAGR of x %.
•Growth in sales of high-performance tires in developed economies and generic tires in emerging economies are forecast to drive revenue and unit shipment growth, respectively.

CEO’s Perspective

The market is preparing for consolidation as large market participants look to gain market share, cut down operating costs, and focus on technical support.
S-SBR and Nd-PBR present strong growth opportunities for manufacturers.
Backward and forward integration are key competitive differentiators in the synthetic rubber and processing oil segments, respectively, due to the volatile dynamics in the tire industry.
The use of naphthenic processing oils is expected to grow rapidly due to their favorable cost-to-performance ratio and superior sustainability.
Tire OEM procurement decisions are driven by product performance due to rising consumer awareness and stringent regulations.


•This study analyzes and discusses the key technological trends in the global tire materials market.
•It also discusses the challenges, drivers, and restraints in the industry.
•The effects of trends on tire design in the materials market are discussed, and strategic recommendations provided.
•Unit shipments and revenue forecasts for the raw materials are also provided.
•The definition of tires includes the tires used in passenger cars and light commercial vehicles (LCVs).
•Tire materials include select key raw materials used in tire manufacturing. These include synthetic rubbers, reinforcing fillers, reinforcement cords, and processing oils.
•The study presents an assessment of the current status and future prospects of the global tire materials market. It takes into account the revenues generated from tire material sales from 2011 to 2021. Revenue is recorded at the manufacturer level.

Key Questions This Study Will Answer

How is the overall market performing and what is its anticipated trajectory/growth rate?
How does market performance differ across geographical regions?
What are the legislations in place around the world and how do they impact this market?
Which are the market leaders? What is the current market structure?
What steps are existing competitors taking to address challenges in this market?
Are the products offered meeting customer needs? What are the developments in product design?

Table Of Contents

Strategic Analysis of the Global Tire Materials Market : Tire OEM Emphasis on High-Performance Materials will Drive Market Revenue
Executive Summary 3
Market Overview 15
Total Tire Materials Market —
• Drivers and Restraints 21
• Forecasts and Trends 26
Synthetic Rubber Segment 32
Reinforcing Fillers Segment 76
Reinforcement Cords Segment 121
Processing Oils Segment 163
The Last Word 204
Appendix 207

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Global Specialty Tire Market 2016 - 2020

Global Specialty Tire Market 2016 - 2020

  • $ 5000
  • Industry report
  • September 2016
  • by NOVONOUS Business Consulting

The Global Specialty Tire market is highly consolidated with more than two third of its revenue coming from the top 3 players in the industry. But there are many local players who cater to the needs of ...

Market Engineering Analysis of the Wheel and Tire Equipment Market

Market Engineering Analysis of the Wheel and Tire Equipment Market

  • $ 4950
  • Industry report
  • September 2016
  • by Frost & Sullivan

The Tire Changer and Wheel Aligner Segments will Drive Overall Revenue This research service presents an analysis of the wheel and tire equipment market. The scope of the study is passenger cars and light ...

Growth Opportunity in Global Aerospace Tire Industry 2016-2021: Trends, Forecast, and Opportunity Analysis, May 2016

Growth Opportunity in Global Aerospace Tire Industry 2016-2021: Trends, Forecast, and Opportunity Analysis, May 2016

  • $ 4850
  • Industry report
  • September 2016
  • by Lucintel

According to a new market report published by Lucintel, the future of the aerospace tire industry looks positive with opportunities in commercial, regional aircraft, general aviation, helicopter and military ...

Download Unlimited Documents from Trusted Public Sources

Tire Supply in Europe

  • October 2016
    2 pages
  • Tire  

    Edible Plant  


  • Europe  

View report >

Tire Supply in China

  • October 2016
    2 pages
  • Tire  

  • China  



View report >

Tire Markets in Europe

  • October 2016
    2 pages
  • Tire  

  • Europe  

View report >

Tire Industry

6 days ago

Global Tire Supply

7 days ago

Related Market Segments :



Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.