Market Overview:
The global automotive retreaded tires market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for retreaded tires from OEMs and fleet operators owing to their cost-effective nature as compared to new tires. In addition, the increasing focus on environment-friendly initiatives is also expected to fuel the demand for automotive retreaded tires over the forecast period. On basis of type, high pressure tire segment is anticipated account for a larger share in global automotive retreaded tire market over the forecast period. This can be attributed rising demand from OEMs for high pressure tires in passenger cars and commercial vehicles segments across different regions globally.
Product Definition:
An automotive retreaded tire is a reused tire that has been refurbished by a company specializing in the process. Retreading involves removing the worn tread from a used tire and replacing it with fresh rubber, essentially creating a new tire out of an old one. The practice is less expensive than manufacturing new tires, and it also reduces wastefulness.
High Pressure Tire:
High pressure tire (HPT) is a type of tire which has been specifically designed to deliver better performance in terms of fuel efficiency and safety. The product was initially developed for use in the aerospace industry, where high-pressure laminates are required for aircraft tires that operate at extremely low temperatures. Over the years, it has found its way into several other applications including automotive retreaded tires and industrial rubber products.
Low Pressure Tire:
Low pressure tires are also known as retreaded tires. They are made from natural rubber and synthetic rubber blended together to form a unique tire that can be used for automobiles. The tread pattern of low-pressure tires is designed in such a way that it contacts the road only half the area of the tire, which reduces its rolling resistance and increases fuel efficiency by reducing heat build-up within the vehicle’s engine.
Application Insights:
The car application segment led the global automotive retreaded tires market in 2017. This is attributed to growing demand for passenger vehicles in developed economies such as Germany, U.K., and France. In addition, increasing sales of light commercial vehicles (LCVs) are expected to fuel product demand over the forecast period.
Engineering machinery was the second-largest application segment of the global automotive retreaded tires market in 2017 owing to rising use of rubber products in various industries including construction and mining among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume, owing to high demand from automotive sector. China is one of the largest markets for retreaded tires due to low manufacturing cost coupled with huge population base.
The North American market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account of increasing demand from passenger cars as well as commercial vehicles. The U.S., being a developed economy, has higher penetration rates compared to other regions; hence it generates a greater amount of used tires thereby driving regional growth forward.
Europe held a considerable share in terms of both volume.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles: The automotive retreaded tires market is expected to benefit from the increasing demand for fuel-efficient and low-emission vehicles. This is because retreaded tires offer better fuel efficiency as compared to new tires, thereby resulting in lower emissions.
- Stringent emission norms: Stringent emission norms across the globe are also expected to drive the growth of the automotive retreaded tires market during the forecast period. This is because retreaded tires help automakers comply with these norms by reducing emissions from their vehicles.
- Rising awareness about tire safety: There has been a rising awareness about tire safety in recent years, owing to which consumers are increasingly opting for safer options such as retreaded tires. This is likely to boost the growth of the automotive retreaded tires market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Retreaded Tires Market Research Report
By Type
High Pressure Tire, Low Pressure Tire
By Application
Car, Engineering Machinery, Other
By Companies
Bridgestone, MICHELIN, Continental, The Goodyear Tire & Rubber, MARANGONI, THE YOKOHAMA RUBBER, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Retreaded Tires Market Report Segments:
The global Automotive Retreaded Tires market is segmented on the basis of:
Types
High Pressure Tire, Low Pressure Tire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Car, Engineering Machinery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridgestone
- MICHELIN
- Continental
- The Goodyear Tire & Rubber
- MARANGONI
- THE YOKOHAMA RUBBER
- ...
Highlights of The Automotive Retreaded Tires Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Pressure Tire
- Low Pressure Tire
- By Application:
- Car
- Engineering Machinery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Retreaded Tires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive retreaded tires are used in automobiles and trucks to replace worn or damaged tires. Automotive retreaded tires are made from original equipment manufacturer (OEM) rubber that has been recycled and remelted.
Some of the major companies in the automotive retreaded tires market are Bridgestone, MICHELIN, Continental, The Goodyear Tire & Rubber, MARANGONI, THE YOKOHAMA RUBBER.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Retreaded Tires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Retreaded Tires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Retreaded Tires Market - Supply Chain
4.5. Global Automotive Retreaded Tires Market Forecast
4.5.1. Automotive Retreaded Tires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Retreaded Tires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Retreaded Tires Market Absolute $ Opportunity
5. Global Automotive Retreaded Tires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Retreaded Tires Market Size and Volume Forecast by Type
5.3.1. High Pressure Tire
5.3.2. Low Pressure Tire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Retreaded Tires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Retreaded Tires Market Size and Volume Forecast by Application
6.3.1. Car
6.3.2. Engineering Machinery
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Retreaded Tires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Retreaded Tires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Retreaded Tires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Retreaded Tires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Retreaded Tires Demand Share Forecast, 2019-2029
9. North America Automotive Retreaded Tires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Retreaded Tires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Retreaded Tires Market Size and Volume Forecast by Application
9.4.1. Car
9.4.2. Engineering Machinery
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Retreaded Tires Market Size and Volume Forecast by Type
9.7.1. High Pressure Tire
9.7.2. Low Pressure Tire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Retreaded Tires Demand Share Forecast, 2019-2029
10. Latin America Automotive Retreaded Tires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Retreaded Tires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Retreaded Tires Market Size and Volume Forecast by Application
10.4.1. Car
10.4.2. Engineering Machinery
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Retreaded Tires Market Size and Volume Forecast by Type
10.7.1. High Pressure Tire
10.7.2. Low Pressure Tire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Retreaded Tires Demand Share Forecast, 2019-2029
11. Europe Automotive Retreaded Tires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Retreaded Tires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Retreaded Tires Market Size and Volume Forecast by Application
11.4.1. Car
11.4.2. Engineering Machinery
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Retreaded Tires Market Size and Volume Forecast by Type
11.7.1. High Pressure Tire
11.7.2. Low Pressure Tire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Retreaded Tires Demand Share, 2019-2029
12. Asia Pacific Automotive Retreaded Tires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Retreaded Tires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Retreaded Tires Market Size and Volume Forecast by Application
12.4.1. Car
12.4.2. Engineering Machinery
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Retreaded Tires Market Size and Volume Forecast by Type
12.7.1. High Pressure Tire
12.7.2. Low Pressure Tire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Retreaded Tires Demand Share, 2019-2029
13. Middle East & Africa Automotive Retreaded Tires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Retreaded Tires Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Retreaded Tires Market Size and Volume Forecast by Application
13.4.1. Car
13.4.2. Engineering Machinery
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Retreaded Tires Market Size and Volume Forecast by Type
13.7.1. High Pressure Tire
13.7.2. Low Pressure Tire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Retreaded Tires Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Automotive Retreaded Tires Market: Market Share Analysis
14.2. Automotive Retreaded Tires Distributors and Customers
14.3. Automotive Retreaded Tires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bridgestone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MICHELIN
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Goodyear Tire & Rubber
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MARANGONI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. THE YOKOHAMA RUBBER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
