Market Overview:
The global tyre filling material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for automobiles and the subsequent increase in tyre production across the globe. In terms of type, carbon black held the largest share of the global tyre filling material market in 2017. This can be attributed to its superior properties such as high tensile strength, abrasion resistance, and thermal stability, which make it suitable for use in tyres. By application, automobile held the largest share of the global tyre filling material market in 2017. This can be attributed to rising demand for passenger cars and commercial vehicles across regions such as North America, Europe, Asia Pacific and Latin America.
Product Definition:
Tyre filling material is the substance used to fill tyres. It is important because it provides cushioning, support and stability for a vehicle while it is in motion.
Carbon Black:
Carbon black is a very hard, non-metallic, and robust form of carbon. It has several industrial applications including tire filling material. Tire manufacturers use carbon black in the manufacturing process to enhance the quality of tires by making them less deformable and increasing their strength. The growing demand for lightweight vehicles on account of rising environmental concerns regarding fuel emissions is expected to be a key factor driving market growth over the forecast period.
Precipitated Silica:
Precipitated silica is a type of silicon dioxide that has been processed to form an extremely fine and stable powder. Precipitated silica is used as a filler in the rubber industry. It helps in increasing the hardness, strength, and longevity of tires by making them resistant to cuts, abrasion & heat.
Application Insights:
Automobile was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The increasing sales of passenger cars and light commercial vehicles are anticipated to propel demand for TPF across various regions, especially in China, India, South Korea and Japan. In addition, stringent government regulations regarding lower carbon emissions will boost the product usage in automobile industry over the next eight years.
Bicycle was another prominent segment accounting for a share of 8% in terms of volume on account of growing concerns regarding environment pollution caused due by vehicle exhaust gases. Increasing production capacities coupled with rising consumer preference towards green products is expected to drive market growth over the coming years. Other applications includeTPF used as packing material for electronics products among others which includes medical devices & pharmaceuticals among other industries such as food & beverage and cosmetics packaging materials respectively.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing automobile production. China, India, Japan, South Korea and Taiwan are some of the largest markets for tire filling materials across this region.
Europe accounted for a major share in terms of volume as well as revenue with 28% and 31%, respectively, in 2017. The presence of large automotive manufacturing facilities along with stringent regulations regarding fuel economy is expected to drive product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of around 3% during the forecast period. This will lead to an increase in the demand for tyre filling material, as tyres are an essential component of a vehicle.
- Stringent emission norms: Stringent emission norms across different countries are promoting the use of low-rolling resistance tyres, which require less tyre filling material. This is expected to drive the growth of the tyre filling material market during the forecast period.
- Technological advancements: Tyre manufacturers are focusing on developing new technologies that can improve fuel efficiency and reduce emissions from vehicles. Such technological advancements are likely to promote the use of low-rolling resistance tyres, thereby driving growth in the tyre filling material market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Tyre Filling Material Market Research Report
By Type
Carbon Black, Precipitated Silica, Mineral Fillers, Nano Fillers, Titanium Dioxide, Other
By Application
Automobile, Bicycle, Motorcycle, Other
By Companies
BASF, Birla Carbon, Bridgestone, Cabot Corporation, Cancarb, China Synthetic Rubber Company, Coal Fillers, Continental, Cosmo Chemical, Delta-Energy Group, Denka, Directa Plus, EICL Ltd, Evonik Industries, Goodyear, Gratomic, Hankook, Hess Pumice Products, Hiller Carbon, Huntsman, Imerys, Jai Enterprises, Jiangxi Black Cat Carbon Black, KaMin, KMG, Kunal Calcium, Longxing Chemical Stock, Madhu Silica, Michelin, NanoExplore, OCSiAL, Omsk Carbon, Orion Engineered Carbons, Phillips Carbon Black
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Tyre Filling Material Market Report Segments:
The global Tyre Filling Material market is segmented on the basis of:
Types
Carbon Black, Precipitated Silica, Mineral Fillers, Nano Fillers, Titanium Dioxide, Other
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
Automobile, Bicycle, Motorcycle, 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:
- BASF
- Birla Carbon
- Bridgestone
- Cabot Corporation
- Cancarb
- China Synthetic Rubber Company
- Coal Fillers
- Continental
- Cosmo Chemical
- Delta-Energy Group
- Denka
- Directa Plus
- EICL Ltd
- Evonik Industries
- Goodyear
- Gratomic
- Hankook
- Hess Pumice Products
- Hiller Carbon
- Huntsman
- Imerys
- Jai Enterprises
- Jiangxi Black Cat Carbon Black
- KaMin
- KMG
- Kunal Calcium
- Longxing Chemical Stock
- Madhu Silica
- Michelin
- NanoExplore
- OCSiAL
- Omsk Carbon
- Orion Engineered Carbons
- Phillips Carbon Black
Highlights of The Tyre Filling Material 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:
- Carbon Black
- Precipitated Silica
- Mineral Fillers
- Nano Fillers
- Titanium Dioxide
- Other
- By Application:
- Automobile
- Bicycle
- Motorcycle
- 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 Tyre Filling Material 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?
Tyre filling material is a type of rubber or plastic that is used to fill the space inside a tyre. It helps to keep the tyre inflated and provides cushioning for the vehicle's wheels.
Some of the key players operating in the tyre filling material market are BASF, Birla Carbon, Bridgestone, Cabot Corporation, Cancarb, China Synthetic Rubber Company, Coal Fillers, Continental, Cosmo Chemical, Delta-Energy Group, Denka, Directa Plus, EICL Ltd, Evonik Industries, Goodyear, Gratomic, Hankook, Hess Pumice Products, Hiller Carbon, Huntsman, Imerys, Jai Enterprises, Jiangxi Black Cat Carbon Black, KaMin, KMG, Kunal Calcium, Longxing Chemical Stock, Madhu Silica, Michelin, NanoExplore, OCSiAL, Omsk Carbon, Orion Engineered Carbons, Phillips Carbon Black.
The tyre filling material 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 Tyre Filling Material 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 Tyre Filling Material Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tyre Filling Material 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 Tyre Filling Material 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 Tyre Filling Material Market Size & Forecast, 2018-2028 4.5.1 Tyre Filling Material Market Size and Y-o-Y Growth 4.5.2 Tyre Filling Material Market Absolute $ Opportunity
Chapter 5 Global Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Type
5.2.1 Carbon Black
5.2.2 Precipitated Silica
5.2.3 Mineral Fillers
5.2.4 Nano Fillers
5.2.5 Titanium Dioxide
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Bicycle
6.2.3 Motorcycle
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tyre Filling Material 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 Tyre Filling Material 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 Tyre Filling Material Analysis and Forecast
9.1 Introduction
9.2 North America Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Type
9.6.1 Carbon Black
9.6.2 Precipitated Silica
9.6.3 Mineral Fillers
9.6.4 Nano Fillers
9.6.5 Titanium Dioxide
9.6.6 Other
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 Tyre Filling Material Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Bicycle
9.10.3 Motorcycle
9.10.4 Other
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 Tyre Filling Material Analysis and Forecast
10.1 Introduction
10.2 Europe Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Type
10.6.1 Carbon Black
10.6.2 Precipitated Silica
10.6.3 Mineral Fillers
10.6.4 Nano Fillers
10.6.5 Titanium Dioxide
10.6.6 Other
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 Tyre Filling Material Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Bicycle
10.10.3 Motorcycle
10.10.4 Other
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 Tyre Filling Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Type
11.6.1 Carbon Black
11.6.2 Precipitated Silica
11.6.3 Mineral Fillers
11.6.4 Nano Fillers
11.6.5 Titanium Dioxide
11.6.6 Other
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 Tyre Filling Material Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Bicycle
11.10.3 Motorcycle
11.10.4 Other
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 Tyre Filling Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Tyre Filling Material 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 Tyre Filling Material Market Size Forecast by Type
12.6.1 Carbon Black
12.6.2 Precipitated Silica
12.6.3 Mineral Fillers
12.6.4 Nano Fillers
12.6.5 Titanium Dioxide
12.6.6 Other
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 Tyre Filling Material Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Bicycle
12.10.3 Motorcycle
12.10.4 Other
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) Tyre Filling Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tyre Filling Material 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) Tyre Filling Material Market Size Forecast by Type
13.6.1 Carbon Black
13.6.2 Precipitated Silica
13.6.3 Mineral Fillers
13.6.4 Nano Fillers
13.6.5 Titanium Dioxide
13.6.6 Other
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) Tyre Filling Material Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Bicycle
13.10.3 Motorcycle
13.10.4 Other
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 Tyre Filling Material Market: Competitive Dashboard
14.2 Global Tyre Filling Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Birla Carbon
14.3.3 Bridgestone
14.3.4 Cabot Corporation
14.3.5 Cancarb
14.3.6 China Synthetic Rubber Company
14.3.7 Coal Fillers
14.3.8 Continental
14.3.9 Cosmo Chemical
14.3.10 Delta-Energy Group
14.3.11 Denka
14.3.12 Directa Plus
14.3.13 EICL Ltd
14.3.14 Evonik Industries
14.3.15 Goodyear
14.3.16 Gratomic
14.3.17 Hankook
14.3.18 Hess Pumice Products
14.3.19 Hiller Carbon
14.3.20 Huntsman
14.3.21 Imerys
14.3.22 Jai Enterprises
14.3.23 Jiangxi Black Cat Carbon Black
14.3.24 KaMin
14.3.25 KMG
14.3.26 Kunal Calcium
14.3.27 Longxing Chemical Stock
14.3.28 Madhu Silica
14.3.29 Michelin
14.3.30 NanoExplore
14.3.31 OCSiAL
14.3.32 Omsk Carbon
14.3.33 Orion Engineered Carbons
14.3.34 Phillips Carbon Black