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Tire vulcanizer is a standard tire, which comprises several parts such as body plies, steel belts, and bead bundle. Once a tire-building machine has assembled these components, a tire’s rough size and form begin to shape. However, the varied pieces are only loosely held together; therefore, the tire is just smooth rubber. The tread patterns that provide a tire its traction is added by running it through a curing machine. The function of a waffle iron is similar to the curing machine that molds the traction patterns and markings onto a tire. The heat generated by this process also serves to fuse the tire’s various components, which are known as vulcanizing. This process is followed by several finishing procedures. Once the tire has undergone several standard inspections, the manufacturing process is complete. The tire vulcanizer market is expected to grow further over the forecast period.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast unit | Value (USD) |
Segments covered | Type, and End User |
Regions covered | North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa) |
Companies covered | Mitsubishi, Doublestar Group, Herbert, Continental FMF, Guilin Rubber Machinery, Greatoo Inc., Hua'ao Tyre Equipment Technology, Fujian Sino-Rubber Machinery, Guangzhou SCUT Bestry Technology, Yiyang Rubber & Plastics, and McNeil & NRM |
COVID-19 scenario analysis:
Some of the factors that boost the increasing demand for saving fuel and less carbon emission are expected to spur the product demand over the forecast period. However, the high cost associated with low vulcanizer tire is anticipated to hinder the market growth during the forecast period. Furthermore, increasing inclination toward environmental protection and conservation of natural resources coupled with increasing demand for fuel-efficient vehicles is expected to offer lucrative opportunities for the market over the forecast period.
The tire vulcanizer market trends are as follows:
The application of vulcanizer tire, which reduces the loss of fuel, has tremendously increased in the market. There is also an increase in application of vulcanizer tire in highway trucks fleet as well. Additionally, there is increasing investment in the vulcanizer resistance tire market among developing countries. Therefore, this factor is anticipated to drive the overall tire vulcanizer market during the forecast period.
The increasing application of vulcanizer tire reduces energy loss through resistance and enhances the efficiency of vehicles. The low vulcanizer tire includes an enhanced design, which reduces fuel consumption and enhances fuel efficiency, vehicle performance, and safety. Therefore, vulcanizer translates to reductions in overall fuel consumption. Furthermore, vulcanized tires have been gaining traction in the transportation sector and are expected to further drive the market growth over the forecast period.
Key segments covered:
Segments | Sub-segments |
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End User |
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Key benefits of the report:
Questions answered in the tire vulcanizer market research report:
Key Market Segments
Key Market Players