A recent report published by Infinium Global Research on tire material market provides in-depth analysis of segments and sub-segments in the global as well as regional tire material market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional tire material market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global tire material market. According to the report, the global tire material market is projected to grow at a CAGR of 5.4% over the forecast period of 2018-2024.
The report on global tire material market covers segments such as type and vehicle type. On the basis of type, the sub-markets include elastomers, reinforcing fillers, Plasticizers, chemicals, metal reinforcements, and textile reinforcements. On the basis of vehicle type, the sub-markets include heavy trucks, lightweight commercial vehicles (LCV), Passenger Cars, buses, and others.
The report provides profiles of the companies in the market such as Chevron Corporation, Goodyear Tire & Rubber Company, PetroChina Company Limited, Sinopec Corp, KURARAY CO., LTD., JSR Corporation, Phillips 66 Company, Royal Dutch Shell, Umicore N.V.. , and Exxon Mobil Corporation, other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of tire material market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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