Market Overview:
The global hydraulic tyre curing press market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for radial tyres and ordinary tyres across the globe. In terms of type, the dual mode segment is expected to hold a major share of the global hydraulic tyre curing press market during the forecast period. This can be attributed to its ability to cure both radial and ordinary tyres in a single machine.
Product Definition:
A hydraulic tyre curing press is a machine that is used to cure tyres. Curing tyres helps to improve the performance and life of the tyre.
Dual Mode:
Dual mode is a two-way system that allows the user to switch between normal and high pressure modes. It offers better adaptability to different types of materials, which increases its popularity in the market. The technology helps in increasing efficiency by reducing material wastage and lowering energy consumption during processing.
The global hydraulic tire curing press market size was valued at USD 1,37 billion in 2016.
Single Mode:
Single-mode is a form of optical fiber cable that can carry data in only one direction. It has a small core and thin protective layer, which makes it more prone to breakage than other cables. The small size of the core also results in less room for error while installing it, as there are limited connections between the fibers.
The single-mode type offers benefits such as lower weight.
Application Insights:
On the basis of application, the market is segmented into radial tire, ordinary tire and others. Radial tires accounted for a major share in 2017 owing to their increased safety on account of enhanced grip provided by them. Moreover, increasing demand for high performance radials as passenger car tires is expected to drive growth over the forecast period.
Ordinary tire curing press also holds significant potential due to its wide-scale adoption in automotive applications including light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) and buses among others. The growing LCV sales are anticipated to be a key factor driving industry expansion over the forecast period as these vehicles require large number of ordinary tires annually for maintaining profitability margins among other strategic business decisions taken by companies operating in this sector globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of numerous tire manufacturing companies coupled with rapid industrialization and urbanization in emerging economies such as China, India, Indonesia, Vietnam has resulted in high demand for tires. Moreover, increasing investments by governments to improve infrastructure facilities are anticipated to fuel market growth over the next eight years.
North America accounted for a significant share of revenue owing to growing demand from end-users such as automotive industry and construction sector due to rising need for repair & replacement activities on account of aging equipment. In addition, stringent government regulations regarding energy consumption along with environmental protection have compelled manufacturers operating machinery used during curing process into adopting hydraulic presses thus driving regional product adoption rate higher than other regions.
Growth Factors:
- Increasing demand for hydraulic tyre curing press in the automotive industry as it offers high performance and durability.
- Growing demand for lightweight and fuel-efficient vehicles, which is expected to drive the growth of hydraulic tyre curing press market over the forecast period.
- Rising investments by key players in research and development activities to develop new technologies and products that can cater to the needs of consumers is expected to propel the growth of this market over the forecast period.
- Increasing awareness about safety features offered by hydraulic tyre curing presses among consumers is projected to boost market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Tyre Curing Press Market Research Report
By Type
Dual Mode, Single Mode
By Application
Radial Tire, Ordinary Tire
By Companies
HF TireTech, Kobe Steel, MHIMT, Larsen & Toubro, Hebert, McNeil & NRM, Rogers, Specific Engineering, MESNAC, Guilin Rubber Machinery Co., Ltd, HF TireTech, Fujian Sanming Shuanglun Chemical Industry Machinery, Linglong Group, SINOARP, Bestry, Double Star, Desiree Industrial, Himile
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Tyre Curing Press Market Report Segments:
The global Hydraulic Tyre Curing Press market is segmented on the basis of:
Types
Dual Mode, Single Mode
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
Radial Tire, Ordinary Tire
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:
- HF TireTech
- Kobe Steel
- MHIMT
- Larsen & Toubro
- Hebert
- McNeil & NRM
- Rogers
- Specific Engineering
- MESNAC
- Guilin Rubber Machinery Co., Ltd
- HF TireTech
- Fujian Sanming Shuanglun Chemical Industry Machinery
- Linglong Group
- SINOARP
- Bestry
- Double Star
- Desiree Industrial
- Himile
Highlights of The Hydraulic Tyre Curing Press 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:
- Dual Mode
- Single Mode
- By Application:
- Radial Tire
- Ordinary Tire
- 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 Hydraulic Tyre Curing Press 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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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?
A hydraulic tyre curing press is a machine that uses pressure and heat to cure or harden rubber tyres.
Some of the key players operating in the hydraulic tyre curing press market are HF TireTech, Kobe Steel, MHIMT, Larsen & Toubro, Hebert, McNeil & NRM, Rogers, Specific Engineering, MESNAC, Guilin Rubber Machinery Co., Ltd, HF TireTech, Fujian Sanming Shuanglun Chemical Industry Machinery, Linglong Group, SINOARP, Bestry, Double Star, Desiree Industrial, Himile.
The hydraulic tyre curing press market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Tyre Curing Press Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Hydraulic Tyre Curing Press Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hydraulic Tyre Curing Press Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Hydraulic Tyre Curing Press Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Hydraulic Tyre Curing Press Market Size & Forecast, 2020-2028 4.5.1 Hydraulic Tyre Curing Press Market Size and Y-o-Y Growth 4.5.2 Hydraulic Tyre Curing Press Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dual Mode
5.2.2 Single Mode
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Radial Tire
6.2.2 Ordinary Tire
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Tyre Curing Press Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Tyre Curing Press Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dual Mode
9.6.2 Single Mode
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Radial Tire
9.10.2 Ordinary Tire
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dual Mode
10.6.2 Single Mode
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Radial Tire
10.10.2 Ordinary Tire
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dual Mode
11.6.2 Single Mode
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Radial Tire
11.10.2 Ordinary Tire
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dual Mode
12.6.2 Single Mode
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Radial Tire
12.10.2 Ordinary Tire
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dual Mode
13.6.2 Single Mode
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Radial Tire
13.10.2 Ordinary Tire
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Tyre Curing Press Market: Competitive Dashboard
14.2 Global Hydraulic Tyre Curing Press Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HF TireTech
14.3.2 Kobe Steel
14.3.3 MHIMT
14.3.4 Larsen & Toubro
14.3.5 Hebert
14.3.6 McNeil & NRM
14.3.7 Rogers
14.3.8 Specific Engineering
14.3.9 MESNAC
14.3.10 Guilin Rubber Machinery Co., Ltd
14.3.11 HF TireTech
14.3.12 Fujian Sanming Shuanglun Chemical Industry Machinery
14.3.13 Linglong Group
14.3.14 SINOARP
14.3.15 Bestry
14.3.16 Double Star
14.3.17 Desiree Industrial
14.3.18 Himile