Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tire Retreading Machine Market by Type (Horizontal Tire Retreading Machine, Vertical Tire Retreading Machine), By Application (Bus Retreading, Truck Retreading, Aircraft Retreading) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tire Retreading Machine Market by Type (Horizontal Tire Retreading Machine, Vertical Tire Retreading Machine), By Application (Bus Retreading, Truck Retreading, Aircraft Retreading) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 269498 4200 Machinery & Equipment 377 175 Pages 4.6 (44)
                                          

Market Overview:


The global tire retreading machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for retreaded tires owing to their cost-effectiveness as compared to new tires. In addition, the increasing awareness about the benefits of using retreaded tires is also contributing towards the growth of this market. The global tire retreading machine market can be segmented on the basis of type into horizontal and vertical tire retreading machines. The horizontal tire retreading machine segment is expected to account for a larger share in terms of revenue in 2018, owing to its higher adoption rate as compared to vertical machines. However, with technological advancements being made in vertical machines, this segment is projected register a higher CAGR during the forecast period from 2018-2030. On basis application, bus Retreading accounted for majority share followed by truck and aircraft Retreading respectively .However Truck RetREADING will witness highest CAGR over next 10 years due stringent emission norms by government across globe .


Global Tire Retreading Machine Industry Outlook


Product Definition:


A tire retreading machine is a piece of equipment used to create a new tread on an old tire. This is often done when the tread on a tire has worn down and needs to be replaced. The importance of using a retreading machine is that it can help extend the life of an old tire, which can save money in the long run.


Horizontal Tire Retreading Machine:


Horizontal tire treading machine is used for cutting and grinding of the horizontal tire's carcass. The machine consists of vertical stroke mechanism that is driven by a motorized chain or belt. Horizontal stroke movement of the mechanism causes to cut and grind the tire's carcass.


Vertical Tire Retreading Machine:


Vertical tire retreading machine is used in tire retreading process. It is mainly used to cut the tread of a tire and re-use the scrap pieces to make new tires. The vertical machine consists of two horizontal cutting blades, one above another, which are mounted on a vertical shaft. As the name suggests, this type of machine cuts vertically from top to bottom as compared to Horizontal Machine which cuts horizontally from left to right.


Application Insights:


The bus retreading segment dominated the global tire retreading machine market in 2017. The segment is projected to witness significant growth over the forecast period owing to an increase in demand for buses on account of growing passenger traffic and favorable government policies regarding public transportation systems. For instance, according to a study conducted by IEA, it was estimated that around 170,000 new buses would be needed globally annually until 2020. However, only about 106,000 were sold annually between 2010 and 2014; thus there is a huge potential for growth in this industry over the coming years.


The truck retarding segment also has considerable growth prospects due to increasing demand for heavy-duty tires across end-use industries such as construction equipment & machinery manufacturing.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of large-scale automotive manufacturers, coupled with growing demand for tire retreading services from these end-users, is likely to drive regional growth. In addition, increasing investments by governments in infrastructure development are also expected to have a positive impact on industry growth.


Europe accounted for more than 20% of the overall revenue share in 2017 owing to high demand from truck and bus manufacturers who are compelled to replace their aging fleet continuously as per government regulations. Moreover, stringent emission norms implemented by governments across Europe are projected to boost product adoption among tire retreaders over the next eight years.


North America held a significant market share due Retreading Markert Report By Application And Segmentation 2018 To 2030 Automotive (truck & bus), Aerospace (aircraft).


Growth Factors:


  • Increasing demand for retreaded tires owing to their cost-effectiveness as compared to new tires
  • Technological advancements in tire retreading machines that offer enhanced efficiency and productivity
  • Rising awareness about the benefits of using retreaded tires, which is resulting in an increase in their adoption by both commercial and individual users
  • Stringent government regulations mandating the use of retreaded tires, especially in developed countries
  • Growing demand for eco-friendly products and services, including tire retreading

Scope Of The Report

Report Attributes

Report Details

Report Title

Tire Retreading Machine Market Research Report

By Type

Horizontal Tire Retreading Machine, Vertical Tire Retreading Machine

By Application

Bus Retreading, Truck Retreading, Aircraft Retreading

By Companies

Akarmak, Beijing Duobeli Tyre Co., Ltd, Shanghai Luobin Technology Development Co., Ltd, TRM - Tyre Retreading Machinery, Huagang Machinery Co., Ltd, Aryan Machinery, Qingdao Sea King Machinery Co., Ltd, Rizhao Melion Industry Co., Ltd., Leshan Yalun Mold Co.,Ltd, Newera, Akarmak, Botou Dongfeng Tyre Mould Co. Ltd

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

175

Number of Tables & Figures

123

Customization Available

Yes, the report can be customized as per your need.


Global Tire Retreading Machine Market Report Segments:

The global Tire Retreading Machine market is segmented on the basis of:

Types

Horizontal Tire Retreading Machine, Vertical Tire Retreading Machine

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

Bus Retreading, Truck Retreading, Aircraft Retreading

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:

  1. Akarmak
  2. Beijing Duobeli Tyre Co., Ltd
  3. Shanghai Luobin Technology Development Co., Ltd
  4. TRM - Tyre Retreading Machinery
  5. Huagang Machinery Co., Ltd
  6. Aryan Machinery
  7. Qingdao Sea King Machinery Co., Ltd
  8. Rizhao Melion Industry Co., Ltd.
  9. Leshan Yalun Mold Co.,Ltd
  10. Newera
  11. Akarmak
  12. Botou Dongfeng Tyre Mould Co. Ltd

Global Tire Retreading Machine Market Overview


Highlights of The Tire Retreading Machine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Horizontal Tire Retreading Machine
    2. Vertical Tire Retreading Machine
  1. By Application:

    1. Bus Retreading
    2. Truck Retreading
    3. Aircraft Retreading
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Tire Retreading Machine 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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Global Tire Retreading Machine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A tire retreading machine is a device that helps to repair or replace tires on vehicles. It uses heat and pressure to stretch the rubber back into its original shape, which can help prevent them from going flat again.

Some of the major companies in the tire retreading machine market are Akarmak, Beijing Duobeli Tyre Co., Ltd, Shanghai Luobin Technology Development Co., Ltd, TRM - Tyre Retreading Machinery, Huagang Machinery Co., Ltd, Aryan Machinery, Qingdao Sea King Machinery Co., Ltd, Rizhao Melion Industry Co., Ltd., Leshan Yalun Mold Co.,Ltd, Newera, Akarmak, Botou Dongfeng Tyre Mould Co. Ltd.

The tire retreading machine market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tire Retreading Machine 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 Tire Retreading Machine Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Tire Retreading Machine 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 Tire Retreading Machine 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 Tire Retreading Machine Market Size & Forecast, 2018-2028       4.5.1 Tire Retreading Machine Market Size and Y-o-Y Growth       4.5.2 Tire Retreading Machine Market Absolute $ Opportunity

Chapter 5 Global Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Type
      5.2.1 Horizontal Tire Retreading Machine
      5.2.2 Vertical Tire Retreading Machine
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Applications
      6.2.1 Bus Retreading
      6.2.2 Truck Retreading
      6.2.3 Aircraft Retreading
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Tire Retreading Machine 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 Tire Retreading Machine 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 Tire Retreading Machine Analysis and Forecast
   9.1 Introduction
   9.2 North America Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Type
      9.6.1 Horizontal Tire Retreading Machine
      9.6.2 Vertical Tire Retreading Machine
   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 Tire Retreading Machine Market Size Forecast by Applications
      9.10.1 Bus Retreading
      9.10.2 Truck Retreading
      9.10.3 Aircraft Retreading
   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 Tire Retreading Machine Analysis and Forecast
   10.1 Introduction
   10.2 Europe Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Type
      10.6.1 Horizontal Tire Retreading Machine
      10.6.2 Vertical Tire Retreading Machine
   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 Tire Retreading Machine Market Size Forecast by Applications
      10.10.1 Bus Retreading
      10.10.2 Truck Retreading
      10.10.3 Aircraft Retreading
   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 Tire Retreading Machine Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Type
      11.6.1 Horizontal Tire Retreading Machine
      11.6.2 Vertical Tire Retreading Machine
   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 Tire Retreading Machine Market Size Forecast by Applications
      11.10.1 Bus Retreading
      11.10.2 Truck Retreading
      11.10.3 Aircraft Retreading
   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 Tire Retreading Machine Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Tire Retreading Machine 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 Tire Retreading Machine Market Size Forecast by Type
      12.6.1 Horizontal Tire Retreading Machine
      12.6.2 Vertical Tire Retreading Machine
   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 Tire Retreading Machine Market Size Forecast by Applications
      12.10.1 Bus Retreading
      12.10.2 Truck Retreading
      12.10.3 Aircraft Retreading
   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) Tire Retreading Machine Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Tire Retreading Machine 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) Tire Retreading Machine Market Size Forecast by Type
      13.6.1 Horizontal Tire Retreading Machine
      13.6.2 Vertical Tire Retreading Machine
   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) Tire Retreading Machine Market Size Forecast by Applications
      13.10.1 Bus Retreading
      13.10.2 Truck Retreading
      13.10.3 Aircraft Retreading
   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 Tire Retreading Machine Market: Competitive Dashboard
   14.2 Global Tire Retreading Machine Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Akarmak
      14.3.2 Beijing Duobeli Tyre Co., Ltd
      14.3.3 Shanghai Luobin Technology Development Co., Ltd
      14.3.4 TRM - Tyre Retreading Machinery
      14.3.5 Huagang Machinery Co., Ltd
      14.3.6 Aryan Machinery
      14.3.7 Qingdao Sea King Machinery Co., Ltd
      14.3.8 Rizhao Melion Industry Co., Ltd.
      14.3.9 Leshan Yalun Mold Co.,Ltd
      14.3.10 Newera
      14.3.11 Akarmak
      14.3.12 Botou Dongfeng Tyre Mould Co. Ltd

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