global tire chemicals market 2025 - brochure

T a b l e o f C o n t e n t

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S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Tire Production Overview

4.1. Production

4.1.1. Installed Capacity

4.1.2. Actual Production

4.1.3. Production by Region (North America, SA, Europe, APAC, etc.)

4.2. Sales & Forecast

4.2.1. Sales by Value & Volume

4.2.2. Sales by Vehicle Type (Passenger Car, Two & three Wheeler, LCV, M & HCV and OTR)

4.2.3. Sales by Region

4.2.4. Sales by Company

5. Global Tire Chemicals Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Type (Natural Rubber, Synthetic Rubber, Carbon Black, Silica, Zinc Oxide, etc.)

5.2.2. By Tire Category (Passenger Car, Two & three Wheeler, LCV, M & HCV and OTR)

5.2.3. By Region


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5.2.4. By Company

5.3. Global Tire Chemicals Market Attractiveness Index

6. Global Natural Rubber for Tire Industry Demand & Supply Analysis




6.2.1. By Tire Category

6.2.2. By Region

6.2.3. By Company

7. Global Synthetic Rubber for Tire Industry Demand & Supply Analysis





7.2.2. By Region

7.2.3. By Company

8. Global Carbon Black for Tire Industry Demand & Supply Analysis





8.2.2. By Region

8.2.3. By Company


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9. Global Plasticizers for Tire Industry Demand & Supply Analysis


9.1.1. By Volume



9.2.2. By Region

9.2.3. By Company

10. Global Synthetic Textile for Tire Industry Demand & Supply Analysis





10.2.2. By Region

10.2.3. By Company

11. Global Fillers for Tire Industry Demand & Supply Analysis





11.2.2. By Region

11.2.3. By Company

12. Global Zinc Oxide for Tire Industry Demand & Supply Analysis


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12.1.1. By Volume



12.2.2. By Region

12.2.3. By Company

13. Global Stearic Acid for Tire Industry Demand & Supply Analysis


13.1.1. By Volume



13.2.2. By Region

13.2.3. By Company

14. Global Anti-oxidants for Tire Industry Demand & Supply Analysis


14.1.1. By Volume



14.2.2. By Region

14.2.3. By Company

15. Global Accelerators for Tire Industry Demand & Supply Analysis



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15.1.1 By Volume

15.2 Market Share & Forecast


15.2.2. By Region

15.2.3. By Company

16. Global Sulphur for Tire Industry Demand & Supply Analysis


16.1.1. By Volume



16.2.2. By Region

16.2.3. By Company

17. Market Dynamics

17.1. Drivers

17.2. Challenges

18. Market Trends & Developments

18.1 Rising Radialization of M&HCV Tires in Emerging Economies

18.2. Growing Inclination Towards High Value Added Tires

18.3. Surging Demand for Halo-Butyl Rubber

18.4. Green Tires-New Opportunity Area

18.5. Increasing Popularity of Specialty Tires

18.6. Backward Integration


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18.7. Increasing Research & Development

18.8. Shift in Production Landscape Towards Asia-Pacific

19. Pricing Analysis

20. Chemical Consumption Per Customer Company Analysis

20.1. Bridgestone Corporation

20.2. Michelin

20.3. The Goodyear Tire and Rubber Company

20.4. Continental AG

20.5. Pirelli & C. S.p.A.

20.6. Sumitomo Rubber Industries, Ltd.

20.7. Hankook Tire

20.8. Yokohama Rubber Co., Ltd.

20.9. Cheng Shin Rubber Industries Co. Ltd.

20.10 Cooper Tires & Rubber Company

21. Competitive Landscape

21.1. Birla Carbon

21.2. Von Bundit Co., Ltd.

21.3. Sri Trang Agro-industry Public Company Limited

21.4. Cabot Corporation (NYSE:CBT)

21.5. Sinochem International (SSE: 600500)

21.6. LANXESS AG (Frankfurt Stock Exchange: LXS)

21.7. Sinopec Corporation


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21.8. Jiangxi Black Cat Carbon Black Inc., Ltd.

21.9. Orion Engineered Carbon

21.10. Evonik Industries AG

21.11. Eastman Chemicals

21.12. Sumitomo Chemicals

21.13. U.S. Zinc Corporation

21.14. Zochem Inc.

21.15. Emery Oleochemicals Group

21.16. Oriental Carbon & Chemicals Ltd. (BSE: ORIENTCQ)

21.17. Shikoku Chemicals Corporation

21.18. Phillips Carbon Black Limited (BSE:PHILCARB)

21.19. BASF SE (XETRA: BAS.DE)

21.20. ExxonMobil Corporation

21.21. Saudi Arabia Basic Industries Corporation (SABIC)

22. Strategic Recommendation

23. About Us & Disclaimer

© TechSci Research

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P r o d u c t O v e r v i e w

S. No. Raw Material Application

1. Natural Rubber Provides strength and load bearing capacity

2. Synthetic Rubber Provides resistance against heat and abrasion

3. Synthetic TextileDefines tire shape, capacity to withstand load and capacity to contain inflation gas

4. Carbon Black Imparts increased strength and longevity

5. FillersProvide substantial increment in stiffness, abrasion resistance and tensile strength

6. SulphurA vulcanizing agent used to improve the elasticity and strength of the rubber

7. Zinc OxideProvides chemicals reinforcement, heat resistance-aging, scorch control and compression fatigue

8. Stearic Acid Acts as an activator for vulcanizing agents

9. Accelerators Optimizes the rubber vulcanization process

10. AntioxidantsProvide protection against thermal degradation, ozone degradation, flex cracking and groove cracking

11. PlasticizersProvide mechanical strength, high abrasion resistance and reduce rolling resistance

Major Raw Materials Consumed in Global Tire Industry

Source: TechSci Research

Tires manufactures in automobile sector use various chemicals such as, natural rubber, synthetic rubber, carbon

black, sulphur, fillers and synthetic textile for enhance different properties in tires like tensile strength, tear

strength, abrasion resistance, crack growth resistance, rolling strength and strong grip. Moreover, these tire

chemicals are also mixed in different proportions and ratios, depending upon features and specifications required

by passenger cars, two-wheelers, heavy vehicles, OTR vehicles, etc.

© TechSci Research

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Preparation

Raw Material Receiving

Rubber Compounding &

Mixing

Fabric Cord and Manufacturing

Bead & Belt Steel Cord

Manufacturing

Textiles Steel

Stage 1 Stage 2Zinc oxide

Rubber

Antioxidants

Carbon Black

Fillers

Retarders

Accelerators

Vulcanizing Agent

P r o d u c t O v e r v i e w

R e s e a r c h M e t h o d o l o g y

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© TechSci Research

Baseline Methodology :

For the study of global tire chemicals market, TechSci Research has gathered information through primary

research with respondents in different tire chemicals companies across the globe, followed by external validation

of the information by interviewing distributors. Our team of analysts has then discretely examined all collected

information and presented the same in chronological order to depict a meaningful and clear picture of the global

tire chemicals market. While compiling the data, we have also cross checked all the collected information from

multiple sources and data warehouses, so as to present the most accurate and precise information of the

concerned industry.

Secondary Research

Company annual reports, white papers, investor presentations and financial reports

White Papers published by various organizations on the tire raw materials industry

Technical Papers published to study the different properties of tire chemicals

Primary Research

Identifying key players in the

market

Questionnaire design

In-depth interviews

Coverage across Value Chain

Data Analysis

Bottom-up approach for the calculation of global tire chemicals market size

Impact analysis of drivers and challenges impacting growth of global tire chemicals market

Historical trend examination Statistical analysis to project

growth of global tire chemicals market


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Global Tire

Chemicals

Market

Optimistic

Likely

D1

D2

D3

Short term Medium term Long term

D1

D2

D3

Short term Medium term Long term

2016E

2017F

2018F

2019F

2020F

2021F

2022F

2023F

2024F

2025F

XX% + 4% CAGR

2016E

2017F

2018F

2019F

2020F

2021F

2022F

2023F

2024F

2025F

• Qualitative to quantitative conversion

• Assigning weightage to drivers

• Statistical evaluation• Developing the actual

forecast based on both the cases

High

MediumDegree of impact

• Market indicators expected to outperform during the forecast period

• Market expected to gain traction with increasing impact of drivers

• Market indicators expected to perform at average level during the forecast period

• Market expected to slow down with decreasing impact of drivers

Forecasting Methodolog

y

XX% CAGR

XX% + 2% CAGR

Low

Conservative


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© TechSci Research

LIKELY

OPTIMISTIC

IMPACT OF GROWTH DRIVERS

11.0%

12.0%

13.0%

14.0%

10.0%

9.0%

GROWTH FACTOR

LOW

EXP

ECTE

DH

IGH This scenario is characterized by higher

impact of economic and market growth factors on Global Tire Chemicals Market

This scenario is characterized bymoderate impact of economic andmarket growth factors Global TireChemicals Market

In this scenario impact of economic aswell as market growth factors iscomparatively very low on Global TireChemicals Market

I n d u s t r y B r i e f

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Tire Chemicals Market to Surpass 42.5 Million Tons by 2025

Growing demand for highly durable tires, with higher fuel efficiency and better wet grip to drive global tire chemicals marketthrough 2025

According to TechSci Research report, “Global Tire Chemicals Market By Type, By Tire Category, By Region, CompetitionForecast & Opportunities, 2011-2025”, the global tire chemicals market is projected to surpass 42.58 million tons by 2025, onaccount of growing demand for highly durable tires by passenger cars, medium & heavy commercial vehicle and OTR tiressegment. In 2015, global tire demand stood at 2080 million units, and demand is expected to increase further during the forecastperiod, owing to increasing vehicle sales, expanding vehicle fleet size, coupled with growing demand for tires from replacementsegment. In 2015, demand for passenger car stood at 1241 million, which is further forecast to reach 1659 by 2020. Moreover,demand for heavy & medium weight vehicle from across the world stood at 129 million in 2015, and is projected to to reach 165million by 2020. Thereby, growing demand for passenger car and heavy & medium weight vehicle, coupled with rising need forhigh performance tires from across the world to drive global tire chemicals market during the forecast period.

Tire chemicals are of various type that are used in tire manufacturing includes such as, natural rubber, synthetic rubber,accelerators, plasticizers, stearic acid, anti-oxidants, fillers, carbon black, synthetic textile, zinc oxide and sulphur. Among theaforementioned chemicals natural rubber and synthetic rubber accounted for highest market share in global tire chemicalsmarket in 2015, and they are expected to continue to dominate the market in the coming years as well, owing to growingdemand for tires with properties such as strong grip, resistance to abrasion, ability to carry and transport loads, etc.Asia-Pacificregion dominated the tire chemicals market across the globe in 2015, and is further anticipated to maintain its dominance in themarket during the forecast period, on account shifting of number of automotive manufacturing base from North America andWestern Europe to Asia-Pacific region due to easy accessibility of raw material such as natural rubber and synthetic rubber in theregion, coupled with low labor cost, relaxed government policies for setting up of automotive manufacturing facilities.

“Oversupply of natural rubber and synthetic rubber by number of Asian countries in global tire chemicals market created asituation of demand deficit, thereby leading to declining prices of synthetic rubber and natural rubber, which are major rawmaterial used in tire manufacturing. However, growing intervention by the governments of these Asian countries to keep a checkon the production of tire chemicals, coupled with growing demand for better performance tires and rising fleet size vehicles todrive global tire chemicals market during the forecast period”, said Mr. Karan Chechi, Research Director with TechSci Research, aresearch based global management consulting firm.

https://www.techsciresearch.com/report/global-tire-chemicals-market-by-type-natural-rubber-synthetic-rubber-carbon-black-etc-by-tire-category-passenger-car-bus-and-truck-etc-by-region-competition-market-forecast-opportunities-2011-2021/682.html

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S a m p l e D a t a - S n a p s h o t

Global Tire Market Share, By Vehicle Type, By Volume, 2011-2025F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

Passenger car Two & Three Wheeler LCV M&HCV OTR

Source:XXXXXNote: These are dummy figures; please purchase our report for actual data

2011

2012

2013

2014

2015

2016E

2017F

2018F

2019F

2020F

2021F

2022F

2023F

2024F

2025F

Value 100. 200. 300. 400. 500. 600. 700. 800. 900.100011001200130014001500

0

200

400

600

800

1,000

1,200

1,400

1,600

Global Tire Chemicals Market, By Value, 2011-2025F (USD Billion)

Global Tire Market Share, By

Company, By Value, 2015

Bridgestone, 12.00%

Michelin, 12.00%

Goodyear, …

Continental, …Pirelli, …

Sumitomo, 12.00%

Hankook, 14.00%

Othe…

Global Tire Market Share, By

Company, By Value, 2025F

Bridgestone, 12.00%

Michelin, 12.00%

Goodyear, …

Continental, …Pirelli, …

Sumitomo, 12.00%

Hankook, 14.00%

Othe…

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

0.00 0.50 1.00 1.50 2.00 2.50 3.00

Medium & heavy Weight Commercial Vehicle

OTR

Passenger Car

Light Weight Commercial Vehicle

2W/3W

Global Tire Chemicals Market Attractiveness Index,

By Tire Category, By Volume, 2015-2025F

Global Natural Rubber Demand in Tire Industry, By

Value, 2011-2025F (USD Billion)

2011

2012

2013

2014

2015

2016E

2017F

2018F

2019F

2020F

2021F

2022F

2023F

2024F

2025F

Value 100. 200. 300. 400. 500. 600. 700. 800. 900.100011001200130014001500

0

500

1,000

1,500

2,000

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%

Passenger Cars OTR LCV M & HCV 2W/3W

Global Synthetic Textile Consumption in Tire Industry, By

Tire Category, By Volume, 2011-2025F

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R e p o r t O r d e r i n g

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Report Price

Report Name: Global Tire Chemicals Market By Type, By Tire Category, By

Region, Competition Forecast & Opportunities, 2011-2025

License Type Price

Electronic Access - Single User License $4000

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TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides

market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving

productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-

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evaluation of the opportunities available in the market.

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Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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