Tire Chemicals Market to 2028 | Industry Statistics, Emerging Demands, Forecast to 2028

Tire Chemicals Market was valued at USD 102.28 billion in 2021 and is expected to grow at a CAGR of 3% between 2022 and 2028. Gradually budding demand for cars and rapidly expanding cars the fleet is positively affected by the demand for tires throughout the world by surging overall growth of the global tire chemicals market. In addition, the additional governments of developing countries of India such as the development of the automotive sector and the encouragement of the adoption of electric vehicles has significantly increased the demand for tires. Therefore, these factors are expected to strongly contribute to the growth of the global tire chemicals market.

Top Major Key Players Industries

● BASF SE
● Cabot Corporation
● ExxonMobil Corporation
● Yokohama Rubber Co., Ltd.
● Evonik Industries AG
● Eastman Chemicals
● Birla Carbon
● Eastman Chemicals
● Emery Oleochemicals Group
● Jiangxi Black Cat Carbon Black Inc., Ltd.
● LANXESS
● Oriental Carbon and Chemicals Ltd
● Orion Engineered Carbon
● Phillips Carbon Black Limited
● Saudi Arabia Basic Industries Corporation
● Shikoku Chemicals Corporation
● Sinochem International
● Sinopec Corporation
● Sri Trang Agro-industry Public Company Limited
● Sumitomo Chemicals
● U.S. Zinc Corporation
● Von Bundit
● Zochem Inc.

By Products

● Natural Rubber
● Synthetic Rubber
● Carbon Black
● Plasticizers
● Synthetic Textiles
● Other

By Application

● Bicycles
● Electric Cars
● Automobiles
● Other

Scope of the Report

The research study analyzes the global Tire Chemicals Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Tire Chemicals Market Report

1. What was the Tire Chemicals Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Tire Chemicals Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Tire Chemicals Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Tire Chemicals market.
• The market share of the global Tire Chemicals market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Tire Chemicals market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Tire Chemicals market.