Executive Summary
The Global Retread Tire Market was valued at USD 9.38 Billion in the year 2021. The rising demand for cost-effective and economical tires, growing logistics market, and rising demand for retread tires in light commercial vehicles are driving the growth of the market. Also, retread tire is environment friendly and technologically developed which is seen as an opportunity for market investments. The Retread Tire market is growing due to growth in commercial vehicle sales and usage in a large number of upcoming construction projects and mining activities coupled up with the availability of retread tires at effective prices.
Based on the Product segment, Radial retread tire is expected to hold the largest share in Retread Tire Market. This is due to an increase in the number of buses and a rise in demand for medium transportation buses worldwide. In addition, as technology continues to advance at a rapid pace, the transportation and logistics sector has witnessed consistent developments over the past couple of decades.
The Asia Pacific had the highest retread tire demand in 2021 and it is expected to remain the largest consumer base for the next few years. High demand is attributable to the growing construction sector, infrastructural investments and government initiatives in various countries, including China and India. Additionally, demand for retread tires is increasing in the commercial vehicle sector generating numerous opportunities for manufacturers and distributors in the retread tire market. Furthermore, ever-expanding automotive markets in Europe and China are further opening a window of opportunities for retread tire manufacturers in these regions. Moreover, leading tire manufacturers in the automobile industry are introducing techniques to develop retread tires that are fairly similar to their original tire in terms of quality. In recent years, increasing demand for retread tires in the motorsport industry has encouraged leading market players to launch retread tires with unique characteristics.
Scope of the Report
• The report presents the analysis of Retread Tire market for the historical period of 2017-2021 and the forecast period of 2022-2027.
• The report analyses the Retread Tire Market by Value (USD Billion).
• The report analyses the Retread Tire Market by Product (Radial, Bias).
• The report analyses the Retread Tire Market by Vehicle (Passenger Vehicle, Commercial Vehicle, OTR (Off the Road)).
• The report analyses the Retread Tire Market by Retread Process (Hot Process, Cold Process).
• The Global Retread Tire Market has been analysed by countries (United States, Canada, Brazil, United Kingdom, Spain, France, Germany, China, Japan, India, South Korea).
• Also, the attractiveness of the market has been presented by region, by product type, by vehicle and by retread process.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Goodyear Tire & Rubber Company, Bridgestone Corporation, Michelin, Continental AG, Pirelli, Hankook Tire, Sumitomo Rubber Technologies, Nokian Tyers, Kal Tires, Oliver Rubber.
Key Target Audience
• Retread Tire Companies
• Automotive Companies
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Retread Tire Market: Product Overview
4. Global Retread Tire Market: An Analysis
4.1. Global Retread Tire Market
4.2. Market Size, By Value, 2017-2027
4.3 Global Retread Tire Market: Growth and Forecast
4.4 Impact of COVID-19 on Global Retread Tire Market
5. Global Retread Tire Market: Segment Analysis
5.1 Global Retread Tire Market Segmentation, By Product Type
5.2 Competitive Positioning of Retread Tire Market: By Product Type (2021 & 2027)
5.3 By Radial, By Value (USD Billion), 2017-2027
5.4 By Bias, By Value (USD Billion), 2017-2027
6. Global Retread Tire Market: Segment Analysis
6.1 Global Retread Tire Market Segmentation, By Vehicle
6.2 Competitive Positioning of Global Retread Tire Market, By Vehicle (2021 & 2027)
6.3 By Passenger Vehicle, By Value (USD Billion), 2017-2027
6.4 By Commercial Vehicle, By Value (USD Billion), 2017-2027
6.5 By OTR (Off The Road), By Value (USD Billion), 2017-2027
7. Global Retread Tire Market: Segment Analysis
7.1 Global Retread Tire Market Segmentation, By Retread process
7.2 Competitive Positioning of Global Retread Tire Market, By Retread Process (2021 & 2027)
7.3 By Hot Process, By Value (USD Billion), 2017-2027
7.4 By Cold Process, By Value (USD Billion), 2017-2027
8. Global Retread Tire Market: Regional Analysis
8.1 Competitive Positioning of Global Retread Tire Market: By Region (2021 & 2027)
9. Americas Retread Tire Market: An Analysis (2017-2027)
9.1 Americas Retread Tire Market
9.2 Americas Retread Tire Market- Size and Forecast, By Value (2017-2027)
9.3 Americas Retread Tire Market: Prominent Companies
9.4 Americas Retread Tire Market: Segment Analysis
9.5 Americas Retread Tire Market By Product Type, (Radial, Bias), By Value
9.6 Americas Retread Tire Market By Vehicle, (Passenger Vehicle, Commercial Vehicle, OTR), By Value
9.7 Americas Retread Tire Market By Retread Process, (Hot Process, Cold Process), By Value
9.8 Americas Retread Tire Market: Country Analysis
9.9 Market Opportunity Chart of Americas Retread Tire Market- By Country, By Value (Year-2027)
9.10 Competitive Positioning of Americas Retread Tire Market- By Country
9.11 United States Retread Tire Market: Size and Forecast, By Value (2017-2027)
9.12 United States Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
9.13 Canada Retread Tire Market: Size and Forecast, By Value (2017-2027)
9.14 Canada Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
9.15 Brazil Retread Tire Market: Size and Forecast, By Value (2017-2027)
9.16 Brazil Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
10. Europe Retread Tire Market: An Analysis (2017-2027)
10.1 Europe Retread Tire Market
10.2 Europe Retread Tire Market- Size and Forecast, By Value (2017-2027)
10.3 Europe Retread Tire Market: Prominent Companies
10.4 Europe Retread Tire Market: Segment Analysis
10.5 Europe Retread Tire Market By Product Type, (Radial, Bias), By Value
10.6 Europe Retread Tire Market By Vehicle, (Passenger Vehicle, Commercial Vehicle, OTR), By Value
10.7 Europe Retread Tire Market By Retread Process, (Hot Process, Cold Process), By Value
10.8 Europe Retread Tire Market: Country Analysis
10.9 Market Opportunity Chart of Europe Retread Tire Market- By Country, By Value (Year-2027)
10.10 Competitive Positioning of Europe Retread Tire Market- By Country
10.11 Germany Retread Tire Market: Size and Forecast, By Value (2017-2027)
10.12 Germany Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
10.13 United Kingdom Retread Tire Market: Size and Forecast, By Value (2017-2027)
10.14 United Kingdom Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
10.15 Spain Retread Tire Market: Size and Forecast, By Value (2017-2027)
10.16 Spain Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
10.17 France Retread Tire Market: Size and Forecast, By Value (2017-2027)
10.18 France Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
11. Asia-Pacific Retread Tire Market: An Analysis (2017-2027)
11.1 Asia-Pacific Retread Tire Market
11.2 Asia-Pacific Retread Tire Market- Size and Forecast, By Value (2017-2027)
11.3 Asia-Pacific Retread Tire Market: Prominent Companies
11.4 Asia-Pacific Retread Tire Market: Segment Analysis
11.5 Asia-Pacific Retread Tire Market By Product Type, (Radial, Bias), By Value
11.6 Asia-Pacific Retread Tire Market By Vehicle, (Passenger Vehicle, Commercial Vehicle, OTR), By Value
11.7 Asia-Pacific Retread Tire Market By Retread Process, (Hot Process, Cold Process), By Value
11.8 Asia-Pacific Retread Tire Market: Country Analysis
11.9 Market Opportunity Chart of Asia-Pacific Retread Tire Market- By Country, By Value (Year-2027)
11.10 Competitive Positioning of Asia-Pacific Retread Tire Market- By Country
11.11 China Retread Tire Market: Size and Forecast, By Value (2017-2027)
11.12 China Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
11.13 Japan Retread Tire Market: Size and Forecast, By Value (2017-2027)
11.14 Japan Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
11.15 India Retread Tire Market: Size and Forecast, By Value (2017-2027)
11.16 India Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
11.17 South Korea Retread Tire Market: Size and Forecast, By Value (2017-2027)
11.18 South Korea Retread Tire Market By Product Type, By Vehicle, By Retread Process, By Value (2017-2027)
12. Middle East and Africa Retread Tire Market: An Analysis (2017-2027)
12.1 Middle East and Africa Retread Tire Market
12.2 Middle East and Africa Retread Tire Market- Size and Forecast, By Value (2017-2027)
12.3 Middle East and Africa Retread Tire Market By Product Type, (Radial, Bias), By Value
12.4 Middle East and Africa Retread Tire Market By Vehicle, (Passenger Vehicle, Commercial Vehicle, OTR), By Value
12.5 Middle East and Africa Retread Tire Market By Retread Process, (Hot Process, Cold Process), By Value
13. Global Retread Tire Market Dynamics
13.1 Global Retread Tire Market Drivers
13.2 Global Retread Tire Market Restraints
13.3 Global Retread Tire Market Trends
14. Market Attractiveness and Strategic Analysis
14.1 Market Attractiveness Chart of Global Retread Tire Market - By Product Type (Year 2027)
14.2 Market Attractiveness Chart of Global Retread Tire Market - By Vehicle (Year 2027)
14.3 Market Attractiveness Chart of Global Retread Tire Market - By Retread Process (Year 2027)
14.4 Market Attractiveness Chart of Global Retread Tire Market - By Region (Year 2027)
15. Competitive Landscape
15.1 Recent Developments
15.2 Market Share of global leading companies
16. Company Profiles (Business Description, Financial Analysis, Business Strategy)
16.1 Goodyear Tire & Rubber Company
16.2 Bridgestone Corporation
16.3 Michelin
16.4 Continental AG
16.5 Pirelli
16.6 Hankook Tire
16.7 Sumitomo Rubber Industries
16.8 Nokian Tyres
16.9 Kal Tires
16.10 Oliver Rubber
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