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The tire additives market refers to the segment of the chemical industry that is involved in the production and distribution of additives used in tire manufacturing. These additives are used to enhance the performance and durability of tires, as well as to improve their resistance to wear and tear, weathering, and other environmental factors. Some of the key types of tire additives include antioxidants, antiozonants, antifogging agents, antistatic agents, and fillers. These additives are typically added to rubber compounds during the tire manufacturing process to improve the tire’s properties.
The global tire additives market is driven by several factors, including the growing demand for high-performance tires in various industries such as automotive, aerospace, and aviation. In addition, the increasing awareness of the environmental impact of tire manufacturing has led to the development of new eco-friendly additives that reduce the use of harmful chemicals. The tire additives market is highly competitive and is dominated by several key players, including Eastman Chemical Company, Lanxess AG, Solvay SA, Cabot Corporation, and Evonik Industries AG. These companies offer a range of tire additives that cater to different market segments, including passenger cars, commercial vehicles, and aviation.
Overall, the tire additives market is expected to continue to grow as the demand for high-performance and eco-friendly tires increases. The development of new and innovative tire additives, coupled with advancements in tire manufacturing technology, is likely to drive further growth in this market.
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Key findings of the Tire additives market study:
- Regional breakdown of the Tire additives market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Tire additives vendors in detail.
- Region-wise and country-wise fragmentation of the Tire additives market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Tire additives market.
- Tire additives price, market share, and Trends forecast for assessment period 2019-2029
Competitive landscape analysis
The market survey conducted by fact.mr offers key developments and challenges affecting the pharmaceutical industry, subsequently influencing demand and sales in the Tire additives market. To study competitive trends across the industry, the report profiles some of the leading players operating in the Tire additives market including
Arkema S.A., Arkochem, BASF, Eastman, ExxonMobil, Gazprom Neft, Kraton Corporation, Lanxess, Orion Engineered Carbons, pmc-group, Shin-Etsu Chemical Co., Ltd. Sinochem, Solvay, Sumitomo Chemicals Co.Ltd, W. R grace & Co, ZEPPELIN SYSTEMS, nocil and others.
Report benefits & key questions answered
- Tire additives historical market outlook: the market intelligence survey report discloses the demand and sales projections of Tire additives over the last forecast period 2016 to 2020.
- Post impact of covid on the Tire additives market: the pharmaceutical industry has been largely influenced by covid-19 pandemic. The fact.mr market survey assesses how current trends that will influence expenditure on Tire additives, thus affecting the market growth.
- Tire additives market trend analysis: the report provides in-depth overview of the past, recent, and upcoming trends in the Tire additives market to assist the businesses to formulate their strategies for expansion.
- Tire additives category & segment level analysis: fact.mr’s category & segment level analysis provides insights into Tire additives sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.
- Tire additives company & brand share analysis: the report discloses the competitiveness of the Tire additives market and highlights the market share captured by tier 1, tier 2, and tier 3 players operating in the landscape.
Tire Additives Market: Segments
On the basis of types of tire additives, the market can be segmented into:
- Performance resins
- Insoluble sulfur
- Bonding agents
On the basis of application, the tire additives market can be classified into:
- Automobile tires
- Aircraft tires
On the basis of geographical regions, the market is segmented into
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa