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Product Code IW091321644HFX
Published Date 2021/10/6
English144 PagesNorth America

NORTH AMERICA TIRE REINFORCEMENT MATERIALS MARKET FORECAST 2021-2028Automotive_Mobility Market


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Product Code IW091321644HFX◆The Oct 2025 edition is also likely available. We will check with the publisher immediately.
Published Date 2021/10/6
English 144 PagesNorth America

NORTH AMERICA TIRE REINFORCEMENT MATERIALS MARKET FORECAST 2021-2028Automotive_Mobility Market



Abstract


Summary

KEY FINDINGS The North America tire reinforcement materials market growth is estimated to progress at a CAGR of 5.08% during the forecast period, 2021-2028. Several OEMs are setting up their manufacturing facilities in the region. Further, initiatives undertaken by market players boost the market demands and prospects. MARKET INSIGHTS Canada and the United States are analyzed for the North America tire reinforcement materials market growth assessment. Canada, a developed economy, has prominent commercial destinations like British Columbia, Quebec, and Ontario. In addition, it is one of the richest countries globally, maintaining trade relations with the UK, Japan, China, and the US. Also, the high per capita income, developed roadways, and developing urban areas are aiding the expanding automobile market and tire industry. In addition, with the global issues of C-credits and C-emissions and the increasing sales of hybrid vehicles, automotive giants are launching hybrid variants. Such factors boost the demand for smart tires among OEMs. Furthermore, though Transport Canada does not regulate the age or shelf life of tires, they require the manufacturing dates to be molded on the sidewall of every tire. It develops, enforces, and maintains the Canada Motor Vehicle Tire Safety Regulations under the Motor Vehicle Safety Act. Such factors constitute the Canada market prospects. COMPETITIVE INSIGHTS Century Enka Limited, DuPont, SRF Limited, HBT Rubber Industrial Co Ltd, Toray Industries Inc, etc., are among the eminent market players Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Table of Contents

  • 1 RESEARCH SCOPE & METHODOLOGY

    • 1.1 STUDY OBJECTIVES
    • 1.2 SCOPE OF STUDY
    • 1.3 METHODOLOGY
    • 1.4 ASSUMPTIONS & LIMITATIONS
  • 2 EXECUTIVE SUMMARY

    • 2.1 MARKET SIZE & ESTIMATES
    • 2.2 MARKET OVERVIEW
  • 3 MARKET DYNAMICS

    • 3.1 PARENT MARKET ANALYSIS: TIRE INDUSTRY
    • 3.2 KEY DRIVERS
      • 3.2.1 DEMAND FROM THE AUTOMOTIVE INDUSTRY
      • 3.2.2 ENHANCED PROPERTIES OF REINFORCED TIRES
      • 3.2.3 USE OF ADVANCED TECHNOLOGY IN THE MANUFACTURING PROCESS
    • 3.3 KEY RESTRAINTS
      • 3.3.1 SLOWDOWN DUE TO THE GROWTH IN THE RETREADING OF TIRES
      • 3.3.2 EFFECTS OF VOLATILE PRICES OF RAW MATERIALS ON TIRE INDUSTRY
  • 4 KEY ANALYTICS

    • 4.1 IMPACT OF COVID-19 ON TIRE REINFORCEMENT MATERIALS MARKET
    • 4.2 KEY MARKET TRENDS
    • 4.3 PORTER’S FIVE FORCES ANALYSIS
      • 4.3.1 BUYERS POWER
      • 4.3.2 SUPPLIERS POWER
      • 4.3.3 SUBSTITUTION
      • 4.3.4 NEW ENTRANTS
      • 4.3.5 INDUSTRY RIVALRY
    • 4.4 OPPORTUNITY MATRIX
    • 4.5 VENDOR LANDSCAPE
  • 5 MARKET BY TYPE

    • 5.1 TIRE CORD FABRIC
    • 5.2 TIRE BEAD WIRE
  • 6 MARKET BY MATERIAL

    • 6.1 STEEL
    • 6.2 POLYESTER
    • 6.3 RAYON
    • 6.4 NYLON
    • 6.5 OTHERS
  • 7 MARKET BY TIRE DISTRIBUTION CHANNEL

    • 7.1 OEM (ORIGINAL EQUIPMENT MANUFACTURER) MARKET
    • 7.2 REPLACEMENT MARKET
  • 8 GEOGRAPHICAL ANALYSIS

    • 8.1 NORTH AMERICA
      • 8.1.1 MARKET SIZE & ESTIMATES
      • 8.1.2 KEY GROWTH ENABLERS
      • 8.1.3 KEY CHALLENGES
      • 8.1.4 KEY PLAYERS
      • 8.1.5 COUNTRY ANALYSIS
        • 8.1.5.1 UNITED STATES
        • 8.1.5.2 CANADA
  • 9 COMPETITIVE LANDSCAPE

    • 9.1 KEY STRATEGIC DEVELOPMENTS
      • 9.1.1 MERGERS & ACQUISITIONS
      • 9.1.2 PARTNERSHIPS & AGREEMENTS
      • 9.1.3 BUSINESS EXPANSIONS & DIVESTITURES
    • 9.2 COMPANY PROFILES
      • 9.2.1 BEKAERT SA
      • 9.2.2 CENTURY ENKA LIMITED
      • 9.2.3 CORDENKA GMBH & CO KG
      • 9.2.4 DUPONT
      • 9.2.5 FORMOSA TAFFETA CO LTD
      • 9.2.6 HBT RUBBER INDUSTRIAL CO LTD
      • 9.2.7 HYOSUNG CORPORATION
      • 9.2.8 JIANGSU XINGDA STEEL TIRE CORD CO LTD
      • 9.2.9 KOLON INDUSTRIES INC
      • 9.2.10 KORDSA TEKNIK TEKSTIL AS
      • 9.2.11 MICHELIN
      • 9.2.12 SHENMA INDUSTRIAL CO LTD
      • 9.2.13 SHINKONG SYNTHETIC FIBERS CORPORATION
      • 9.2.14 SRF LIMITED
      • 9.2.15 TATA STEEL
      • 9.2.16 TEIJIN LIMITED
      • 9.2.17 TORAY INDUSTRIES INC
      • 9.2.18 TOYOBO CO LTD
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