- The growth of electric vehicles, prioritization of sustainability and changing consumer preferences are driving growth in tire raw materials to 2028
- A CAGR of 3.5% in tire raw materials volume is forecast to 2028 to meet changing tire requirements from OEMs and other industry influences
- Tires are being designed to meet the higher load capacities of heavier vehicles.
- This report details how the tire industry will design and produce tires that are stronger and lighter through the use of new and evolving tire raw materials
- The report delves into the growth rates of tire raw materials including geographic trends and end uses for major material types
- Case studies include industry automation for better raw materials processing, new tire designs, and industry collaboration in sustainable raw materials development.
- The automotive sector’s impact on use of tire raw materials and tire development
- Current and potential disruptive factors to the tire industry and tire raw materials
- The reshaping of the tire industry through the adoption of electric vehicles and the result in tire materials
- Technology developments applied to tire raw materials and the benefit to tire performance
- Ongoing disruptions associated with Covid-19, global supply chains, and the war between Russia and Ukraine.
This report is based on extensive primary and secondary research. Primary research consisted of targeted interviews with material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
Who should buy this report?
- Producers of tire materials
- Tire makers
- Equipment suppliers to the tire industry
- Participants in the tire markets value chain
- Industry analysts and researchers
N. Omar Meneghelli is an independent consultant, coach and trainer with a deep background in the tire and automotive industries, and extensive experience in Six Sigma leadership, root cause analysis and quality strategy development. His expertise in technical service, quality assurance and continuous improvement has positioned him in roles throughout his career to support top tire industry management globally.
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