Market Overview:
The global tyre valve core 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 automobiles, especially in developing countries such as China and India. Additionally, the increasing demand for electric vehicles is also contributing to the growth of this market. The global tyre valve core market can be segmented on the basis of type into brass, nickel plated, and other types. The brass segment is expected to dominate the global tyre valve core market during the forecast period owing to its properties such as durability and corrosion resistance.
Product Definition:
A tyre valve core is the part of a tyre valve that screws into the rim of a wheel to let air in and out. It is also called a Schrader valve stem, after its inventor.
Brass:
Brass is a copper-zinc alloy and has been used in the manufacturing of valve cores for over two centuries. It offers several unique properties which include high corrosion resistance, low expansion coefficient, high electrical & thermal conductivity and good mechanical strength. The material also has a low density making it lightweight which makes it suitable to be used in applications where light weight is important such as valve stems.
Nickel Plated:
Nickel-plated steel is a type of steel that has been coated with a thin layer of nickel. The purpose of nickel plating is to provide an additional barrier to the metal against corrosion. It also provides an excellent surface for adhesion and welding operations, which makes it suitable for manufacturing components used in the automotive industry such as valve cores, nuts, bolts & screws and other fasteners.
The global Tyre Valve Core market size was valued at USD 1.
Application Insights:
Bicycle was the largest application segment and accounted for a revenue share of more than 60.0% in 2017. The bicycle is one of the most popular modes of transport in several countries including China, India, Germany and France where majority of the population uses bicycles as their primary mode of transport. Nickel-plated valves are used on bicycles to protect engine components from corrosion as nickel has anti-corrosion properties which makes it a suitable material for use in manufacturing valve cores.
The electric bike segment is expected to witness significant growth over the forecast period owing to increasing demand for lightweight bikes with better performance that can be pedaled using only one hand without compromising with stability or control features offered by conventional bikes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers in China, Japan, South Korea and India has resulted in increased demand for valve core products. Furthermore, increasing sales of electric bicycles across countries such as China and India is anticipated to propel product demand during the forecast period.
Europe was estimated to be the second-largest regional market for valve core products owing to high usage rates of four-wheelers across various countries including Germany, Italy, Spain among others. In addition European nations are increasingly focusing on reducing greenhouse gas emissions from vehicles resulting into increased adoption of electric vehicles which will further fuel growth over the coming years.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in the tyre valve core market
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Tyre Valve Core Market Research Report
By Type
Brass, Nickel Plated, Other
By Application
Bicycle, Motorcycle, Electric Bike, Other
By Companies
BikeMaster, Haltec, Schrader, Rangerstork, Maruti Brass Industries, Zenco Industries, Seahorse Polymers, Sarveshwari, Arunudyog, Triton Valves
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Tyre Valve Core Market Report Segments:
The global Tyre Valve Core market is segmented on the basis of:
Types
Brass, Nickel Plated, 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
Bicycle, Motorcycle, Electric Bike, 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:
- BikeMaster
- Haltec
- Schrader
- Rangerstork
- Maruti Brass Industries
- Zenco Industries
- Seahorse Polymers
- Sarveshwari
- Arunudyog
- Triton Valves
Highlights of The Tyre Valve Core 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:
- Brass
- Nickel Plated
- Other
- By Application:
- Bicycle
- Motorcycle
- Electric Bike
- 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 Valve Core 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Tyre Valve Core is a metal or plastic component that sits on the inside of a tyre and controls air pressure in the tyre.
Some of the major players in the tyre valve core market are BikeMaster, Haltec, Schrader, Rangerstork, Maruti Brass Industries, Zenco Industries, Seahorse Polymers, Sarveshwari, Arunudyog, Triton Valves.
The tyre valve core 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 Tyre Valve Core 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 Valve Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tyre Valve Core 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 Valve Core 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 Valve Core Market Size & Forecast, 2018-2028
4.5.1 Tyre Valve Core Market Size and Y-o-Y Growth
4.5.2 Tyre Valve Core Market Absolute $ Opportunity
Chapter 5 Global Tyre Valve Core 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 Valve Core Market Size Forecast by Type
5.2.1 Brass
5.2.2 Nickel Plated
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tyre Valve Core 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 Valve Core Market Size Forecast by Applications
6.2.1 Bicycle
6.2.2 Motorcycle
6.2.3 Electric Bike
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tyre Valve Core 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 Valve Core 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 Valve Core Analysis and Forecast
9.1 Introduction
9.2 North America Tyre Valve Core 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 Valve Core Market Size Forecast by Type
9.6.1 Brass
9.6.2 Nickel Plated
9.6.3 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 Valve Core Market Size Forecast by Applications
9.10.1 Bicycle
9.10.2 Motorcycle
9.10.3 Electric Bike
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 Valve Core Analysis and Forecast
10.1 Introduction
10.2 Europe Tyre Valve Core 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 Valve Core Market Size Forecast by Type
10.6.1 Brass
10.6.2 Nickel Plated
10.6.3 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 Valve Core Market Size Forecast by Applications
10.10.1 Bicycle
10.10.2 Motorcycle
10.10.3 Electric Bike
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 Valve Core Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tyre Valve Core 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 Valve Core Market Size Forecast by Type
11.6.1 Brass
11.6.2 Nickel Plated
11.6.3 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 Valve Core Market Size Forecast by Applications
11.10.1 Bicycle
11.10.2 Motorcycle
11.10.3 Electric Bike
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 Valve Core Analysis and Forecast
12.1 Introduction
12.2 Latin America Tyre Valve Core 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 Valve Core Market Size Forecast by Type
12.6.1 Brass
12.6.2 Nickel Plated
12.6.3 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 Valve Core Market Size Forecast by Applications
12.10.1 Bicycle
12.10.2 Motorcycle
12.10.3 Electric Bike
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 Valve Core Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tyre Valve Core 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 Valve Core Market Size Forecast by Type
13.6.1 Brass
13.6.2 Nickel Plated
13.6.3 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 Valve Core Market Size Forecast by Applications
13.10.1 Bicycle
13.10.2 Motorcycle
13.10.3 Electric Bike
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 Valve Core Market: Competitive Dashboard
14.2 Global Tyre Valve Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BikeMaster
14.3.2 Haltec
14.3.3 Schrader
14.3.4 Rangerstork
14.3.5 Maruti Brass Industries
14.3.6 Zenco Industries
14.3.7 Seahorse Polymers
14.3.8 Sarveshwari
14.3.9 Arunudyog
14.3.10 Triton Valves
