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Global Demand for Tire Additives Is Expected To Increase with the Rising Number of Automobiles on the Road

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Global Demand for Tire Additives Is Expected To Increase with the Rising Number of Automobiles on the Road

August 27
15:22 2021
Global Demand for Tire Additives Is Expected To Increase with the Rising Number of Automobiles on the Road
Tire Additives Market: Fact.MR
The emergence of electric vehicles is expected to boost the demand for talc-based tire additives. North America region is projected to witness moderate demand.

250 Pages Tire Additives Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts Tire Additives sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.


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The Tire Additives market survey includes demographics analysis to help market players plan their launches and growth strategies around prevailing forces of demand and supply. It offers sales outlook in 20+ countries besides identifying hidden opportunities across segments in terms of segment.


Key Tire Additives Survey Highlights and Projections

  • The report presents refined Tire Additives sales outlook, predicting revenue generated through 2031 to total US$ Tire Additives Mn/ Bn by 2031.
  • (Segment name) will remain top-selling in terms of (criteria for segmentation), with demand surpassing US$ Tire Additives Mn/ Bn by 2031.
  • Chemicals and materials production in the U.S. will accelerate at a steady pace, creating scope for expansion of Tire Additives market. Sales in the U.S. is expected to top US$ Tire Additives Mn/Bn.
  • Post COVID-19 recovery will reinstate Tire Additives demand in Japan and South Korea to the pre-pandemic status.


Report Benefits & Key Questions Answered

  • Tire Additives Company & brand share analysis: The report offers brand-share analysis on Tire Additives market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
  • Tire Additives Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
  • Tire Additives Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
  • Tire Additives Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
  • Tire Additives Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
  • Post COVID consumer spending on Tire Additives: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Tire Additives sales.


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Competitive Landscape Analysis

Tier 1 companies are expected to boast dominance in the Tire Additives market. The trend will continue especially since entering into the market requires heavy investment. Fact MR presents exclusive insight into competitive landscape.

It studies key developments and highlights differences in strategies adopted by Tier 1, Tier 2, and Tier 3 companies. The report also includes market share analysis.


Some of the companies profiled in the Fact MR Tire Additives market survey are –

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.


Tire Additives Demand Analysis by Category

On the basis of types of tire additives, the market can be segmented into:

  • Performance resins
  • Anti-degradants
  • Insoluble sulfur
  • Bonding agents
  • Others


On the basis of application, the tire additives market can be classified into:

  • Automobile tires
  • Aircraft tires
  • Others


On the basis of geographical regions, the market is segmented into

  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa


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About Us:

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