EUROPE TIRE REINFORCEMENT MATERIALS MARKET FORECAST 2019-2027

The Europe tire reinforcement market is estimated to increase its revenue from $XX million in 2018 to $XX million by the end of the forecast period of 2019-2027, rising at a CAGR of 3.45%. The drop in consumer confidence for the said market has been triggered by Brexit and economic uncertainty, which could be a reason for consumers guarding their wallets. New governmental goals and rigid environmental laws in the UK are motivating the tire reinforcement material makers to manufacture tire cord fabric and bead wire that are more recyclable.

The United Kingdom, France, Germany, Italy, Russia, Spain, and the Rest of Europe are the geographies assessed for this region. The evolution of high-performance tires is presenting the market with potential growth opportunities. The automotive industry in the region is also witnessing considerable growth in this region. Growing per capita income and an increase in the launch of new vehicle models are the key factors that are driving the market for tires reinforcement materials in Europe. Increasing demand for tires is expected to boost the market during the forecast period.

The noted market players in this region include Michelin, Kolon Industries Inc., Shenma Industrial Co. Ltd., SRF Limited, Formosa Taffeta Co. Ltd., Kordsa Global, DuPont, Hyosung Corporation, Century Enka Limited, Cordenka GmbH, Teijin Limited, Bekaert, Toray Industries Inc., Shinkong, and Toyobo.

 

TABLE OF CONTENTS
  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. SCOPE OF THE MARKET STUDY
    3. WHO WILL FIND THIS REPORT USEFUL?
    4. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
      1. SECONDARY DATA
      2. PRIMARY DATA
    2. TOP-DOWN APPROACH
    3. BOTTOM-UP APPROACH
    4. DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    1. MARKET SUMMARY
    2. KEY FINDINGS
      1. INCREASE IN AUTOMOTIVE SALES ACROSS DIFFERENT SEGMENTS
      2. FLUCTUATING COSTS OF RAW MATERIAL
      3. RISE IN COMPETITION AMONG TIRE MANUFACTURERS
  4. MARKET DYNAMICS
    1. MARKET SCOPE & DEFINITION
    2. MARKET DRIVERS
      1. GROWTH IN THE AUTOMOTIVE INDUSTRY
      2. ENHANCED PROPERTIES OF REINFORCED TIRES
    3. MARKET RESTRAINTS
      1. STRINGENT GOVERNMENT REGULATIONS
    4. MARKET OPPORTUNITIES
      1. EVOLUTION OF HIGH-PERFORMANCE TIRES
    5. MARKET CHALLENGES
      1. EVER CHANGING RAW MATERIAL PRICES
  5. MARKET BY TYPE
    1. TIRE CORD FABRIC
    2. TIRE BEAD WIRE
  6. MARKET BY MATERIAL
    1. STEEL
    2. POLYESTER
    3. RAYON
    4. NYLON
    5. OTHERS
  7. KEY ANALYTICS
    1. PORTER’S FIVE FORCE MODEL
      1. THREAT OF NEW ENTRANTS
      2. THREAT OF SUBSTITUTE
      3. BARGAINING POWER OF SUPPLIERS
      4. BARGAINING POWER OF BUYERS
      5. INTENSITY OF COMPETITIVE RIVALRY
    2. OPPORTUNITY MATRIX
    3. VENDOR LANDSCAPE
  8. GEOGRAPHICAL ANALYSIS
    1. EUROPE
      1. UNITED KINGDOM
      2. GERMANY
      3. FRANCE
      4. ITALY
      5. SPAIN
      6. RUSSIA
      7. REST OF EUROPE
  9. COMPANY PROFILES
    1. BEKAERT
    2. CENTURY ENKA LIMITED
    3. MICHELIN
    4. FORMOSA TAFFETA CO. LTD.
    5. HYOSUNG CORPORATION
    6. SHENMA INDUSTRIAL CO. LTD.
    7. TORAY INDUSTRIES INC.
    8. KOLON INDUSTRIES INC.
    9. KORDSA GLOBAL
    10. DUPONT
    11. TEIJIN LIMITED
    12. SRF LIMITED
    13. TOYOBO
    14. CORDENKA GMBH
    15. SHINKONG
LIST OF TABLES

TABLE 1:       EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2:       EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 3:       EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY MATERIAL, 2019-2027, (IN $ MILLION)

TABLE 4:       STEEL CORD FILAMENTS AND ITS TENSILE STRENGTHS

TABLE 5:       OPPORTUNITY MATRIX

TABLE 6:       VENDOR LANDSCAPE

TABLE 7:       EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 8:       NORTH AMERICA TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 9:       EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 10:     ASIA PACIFIC TIRE REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY MATERIAL, 2018 & 2027 (IN %)

FIGURE 2:     DEMAND FOR MOTORCYCLE TIRES BY VOLUME 2016-2021(%)

FIGURE 3:     PRICE OF RUBBER JANUARY 2016 TO JULY 2016 (US CENTS PER POUND)

FIGURE 4:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY TIRE CORD FABRIC, 2019-2027 (IN $ MILLION)

FIGURE 5:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY TIRE BEAD WIRE, 2019-2027 (IN $ MILLION)

FIGURE 6:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY STEEL, 2019-2027 (IN $ MILLION)

FIGURE 7:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY POLYESTER, 2019-2027 (IN $ MILLION)

FIGURE 8:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY RAYON, 2019-2027 (IN $ MILLION)

FIGURE 9:     EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)

FIGURE 10:  EUROPE TIRE REINFORCEMENT MATERIALS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 11:  PORTER’S FIVE FORCE ANALYSIS

FIGURE 12:  EUROPE TIRE REINFORCEMENT MATERIALS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 13:  UNITED KINGDOM TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 14:  GERMANY TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 15:  FRANCE TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 16:  ITALY TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 17:  SPAIN TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18:  RUSSIA TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19:  REST OF EUROPE TIRE REINFORCEMENT MATERIALS MARKET, 2019-2027 (IN $ MILLION)

Request For A Free Sample