Industry Overview
The Retread Tire Market is expected to reach USD18.4Billion by 2030 and is growing at a CAGR of 5.7% between 2023 to 2030.Retread Tire Market Size in (USD Billion) CAGR Growth Rate 5.7%
| Study Period | 2019-2030 |
| Market Size (2023): | USD12.7Billion |
| Market Size (2030): | USD18.4Billion |
| CAGR (2023 - 2030): | 5.7% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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A retread tire is a used tire that has been refurbished by replacing its worn-out tread with new rubber. This process, also known as tire retreading or recapping, extends the life of a tire, making it a more economical and environmentally friendly option compared to purchasing new tires. Retreading is commonly used in commercial vehicles, such as trucks, buses, and airplanes, as these tires typically experience significant wear. The process involves inspecting the tire's casing for damage, cleaning the tire, and then applying a new layer of tread using high-temperature bonding. Retread tires undergo rigorous testing and quality control to ensure they meet safety standards and are durable enough for use on the road. Retreading is a cost-effective way to reduce tire expenses while contributing to sustainability by reusing tire casings and reducing waste. It also has a lower environmental impact compared to manufacturing new tires from raw materials.
The consumer goods market consists of various components, including product categories (durable and non-durable goods), distribution channels (retail stores, e-commerce, and wholesalers), and market segmentation based on demographics and consumer behavior. Marketing strategies, such as advertising and branding, play a crucial role in attracting consumers, while trends like sustainability and health consciousness influence purchasing decisions. Additionally, the regulatory environment impacts product development, and effective supply chain management ensures timely delivery. Pricing strategies must consider competition and consumer demand to optimize sales. Together, these elements shape the dynamics of the consumer goods market.
Market Segmentation
Selecting segmentation criteria in Bridgestone, Michelin, Goodyear, Continental, Tire Group International, Bandag, Oliver Rubber, Marangoni, Sumitomo Rubber Industries, Vipal Rubber, Kumho, Apollo Tyres, Maxxis, Nokian Tyres, Cooper Tire, Toyo Tire, Hankook, Pirelli, TVS Tyres, Radial Rubber involves several key steps. Researchers begin by defining their objectives, such as understanding consumer behavior or identifying market opportunities. They then gather relevant data on demographics, psychographics, and buying behavior. Next, they identify segmentation variables like age, location, lifestyle, and purchase patterns. Using analytical tools, they analyze the data to find distinct market segments and evaluate their attractiveness based on size, growth potential, and alignment with business goals. Detailed profiles are created for each segment, and the most promising ones are selected for targeting. Finally, tailored marketing strategies are developed, and the performance of these strategies is monitored and adjusted as needed. This process ensures that segmentation effectively identifies valuable market opportunities and aligns with strategic goals.The North America Region holds a dominant market share, primarily driven by growing consumption patterns, a rising population, and robust economic activity that fuels market demand. Meanwhile, the Asia-Pacific Region is experiencing the fastest growth, propelled by increasing infrastructure developments, expanding industrial activities, and a surge in consumer demand, positioning it as a key driver for future market expansion.
Segmentation by Type
- Bias Ply Retread Tires
- Radial Ply Retread Tires
- Retreaded Commercial Vehicle Tires
- Retreaded Passenger Car Tires
Retread Tire Market Segmentation by Type
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Segmentation by Application
- Commercial Vehicles
- Passenger Vehicles
- Off-Road Vehicles
- Heavy Duty Vehicles
- Aircraft Tires
Retread Tire Market Segmentation by Application
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Regional Insight
The Retread Tire varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth. Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The North America dominant region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress that collectively enhance market demand. Conversely, the Asia-Pacific is the fastest-growing that is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- Bridgestone
- Michelin
- Goodyear
- Continental
- Tire Group International
- Bandag
- Oliver Rubber
- Marangoni
- Sumitomo Rubber Industries
- Vipal Rubber
- Kumho
- Apollo Tyres
- Maxxis
- Nokian Tyres
- Cooper Tire
- Toyo Tire
- Hankook
- Pirelli
- TVS Tyres
- Radial Rubber
Retread Tire Market Segmentation by Players
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Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size 2023 | USD12.7Billion |
| Historical Period Market Size 2019 | USD9.1Billion |
| CAGR (2023to 2030) | 5.7% |
| Forecast Period | 2024 to 2030 |
| Forecasted Period Market Size 2030 | USD18.4Billion |
| Scope of the Report | Bias Ply Retread Tires, Radial Ply Retread Tires, Retreaded Commercial Vehicle Tires, Retreaded Passenger Car Tires, Commercial Vehicles, Passenger Vehicles, Off-Road Vehicles, Heavy Duty Vehicles, Aircraft Tires |
| Regions Covered | North America, Europe, Asia Pacific, South America, and MEA |
| Year-on-Year Growth | |
| Companies Covered | Bridgestone, Michelin, Goodyear, Continental, Tire Group International, Bandag, Oliver Rubber, Marangoni, Sumitomo Rubber Industries, Vipal Rubber, Kumho, Apollo Tyres, Maxxis, Nokian Tyres, Cooper Tire, Toyo Tire, Hankook, Pirelli, TVS Tyres, Radial Rubber |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Retread Tire Market Dynamics
The Retread Tire is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade.Influencing Trend:
- Increased focus on sustainability and reducing waste through tire recycling.
Market Growth Drivers:
- Expansion In Markets Where Vehicle Fleets Are Large
Challenges:
- Regulatory Standards And Consumer Skepticism Regarding Quality And Safety Of Retread Tires.
Opportunities:
- Expansion In Markets Where Vehicle Fleets Are Large
Regulatory Framework
The regulatory framework for the Retread Tire ensures product safety, fair competition, and consumer protection. It encompasses setting standards for product quality and safety, enforcing truthful advertising and labeling, and implementing environmental sustainability practices. Regulations include robust procedures for product recalls, data protection, and anti-competitive practices, while also overseeing import/export controls and intellectual property rights. Regulatory bodies enforce these rules through inspections and penalties, and consumer education programs help individuals make informed decisions. This framework aims to protect consumers, promote fair market conditions, and encourage ethical business practices.Competitive Insights
The key players in the Retread Tire are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Bridgestone, Michelin, Goodyear, Continental, Tire Group International, Bandag, Oliver Rubber, Marangoni, Sumitomo Rubber Industries, Vipal Rubber, Kumho, Apollo Tyres, Maxxis, Nokian Tyres, Cooper Tire, Toyo Tire, Hankook, Pirelli, TVS Tyres, Radial Rubber are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
Research Methodology
The research methodology for the consumer goods industry involves several key steps to ensure comprehensive and actionable insights. First, the research objectives are clearly defined, focusing on aspects like consumer behavior, market opportunities, competitive dynamics, or regulatory impacts. A thorough literature review follows, drawing from academic journals, industry reports, government publications, and market analyses to establish a knowledge base and identify research gaps. Data collection encompasses both primary methods, such as surveys, interviews, and focus groups with consumers and industry experts, and secondary methods, including analysis of market reports, government data, and industry publications. Quantitative data is analyzed using statistical tools to identify patterns and market segments, while qualitative data from interviews and focus groups is examined to extract key themes and insights.
The market is then segmented based on demographics, psychographics, geography, and purchasing behavior, and competitive analysis is conducted to evaluate key players' strategies and strengths. Trend analysis identifies current and emerging industry trends. Findings are compiled into a detailed report with data visualizations and strategic recommendations. The research is validated and refined through cross-checking and expert feedback, and a framework for continuous monitoring is established to keep the research current and relevant.
Retread Tire - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Retread Tire Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Retread Tire Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Retread Tire Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Expansion in markets where vehicle fleets are large
-
3.2 Available Opportunities
- 3.2.1 Expansion in markets where vehicle fleets are large
- 3.2.2 such as logistics and public transport sectors.
-
3.3 Influencing Trends
- 3.3.1 Increased focus on sustainability and reducing waste through tire recycling.
-
3.4 Challenges
- 3.4.1 Regulatory standards and consumer skepticism regarding quality and safety of retread tires.
- 3.5 Regional Dynamics
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Chapter 4 : Global Retread Tire Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Retread Tire Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Retread Tire : Competition Benchmarking & Performance Evaluation
- 5.1 Global Retread Tire Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Retread Tire Revenue 2023
- 5.3 Global Retread Tire Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 FPNV Positioning Matrix
- 5.6 Heat Map Analysis
Chapter 6: Global Retread Tire Market: Company Profiles
- 6.1 Bridgestone
- 6.1.1 Bridgestone Company Overview
- 6.1.2 Bridgestone Product/Service Portfolio & Specifications
- 6.1.3 Bridgestone Key Financial Metrics
- 6.1.4 Bridgestone SWOT Analysis
- 6.1.5 Bridgestone Development Activities
- 6.2 Michelin
- 6.3 Goodyear
- 6.4 Continental
- 6.5 Tire Group International
- 6.6 Bandag
- 6.7 Oliver Rubber
- 6.8 Marangoni
- 6.9 Sumitomo Rubber Industries
- 6.10 Vipal Rubber
- 6.11 Kumho
- 6.12 Apollo Tyres
- 6.13 Maxxis
- 6.14 Nokian Tyres
- 6.15 Cooper Tire
- 6.16 Toyo Tire
- 6.17 Hankook
- 6.18 Pirelli
- 6.19 TVS Tyres
- 6.20 Radial Rubber
- 6.21 Birla Tyres
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Sectional Purchase
Chapter 7 : Global Retread Tire by Type & Application (2019-2030)
-
7.1 Global Retread Tire Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Bias Ply Retread Tires
- 7.1.2 Radial Ply Retread Tires
- 7.1.3 Retreaded Commercial Vehicle Tires
- 7.1.4 Retreaded Passenger Car Tires
- 7.1.5 Off-the-Road Retread Tires
-
7.2 Global Retread Tire Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Commercial Vehicles
- 7.2.2 Passenger Vehicles
- 7.2.3 Off-Road Vehicles
- 7.2.4 Heavy Duty Vehicles
- 7.2.5 Aircraft Tires
- 7.3 Global Retread Tire Market Revenue Analysis (USD Million) by Type (2023-2030)
- 7.4 Global Retread Tire Market Revenue Analysis (USD Million) by Application (2023-2030)
Chapter 8 : North America Retread Tire Market Breakdown by Country, Type & Application
- 8.1 North America Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Bias Ply Retread Tires
- 8.2.2 Radial Ply Retread Tires
- 8.2.3 Retreaded Commercial Vehicle Tires
- 8.2.4 Retreaded Passenger Car Tires
- 8.2.5 Off-the-Road Retread Tires
-
8.3 North America Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Commercial Vehicles
- 8.3.2 Passenger Vehicles
- 8.3.3 Off-Road Vehicles
- 8.3.4 Heavy Duty Vehicles
- 8.3.5 Aircraft Tires
- 8.4 North America Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 8.5 North America Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 8.6 North America Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
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Sectional Purchase
Chapter 9 : LATAM Retread Tire Market Breakdown by Country, Type & Application
- 9.1 LATAM Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Bias Ply Retread Tires
- 9.2.2 Radial Ply Retread Tires
- 9.2.3 Retreaded Commercial Vehicle Tires
- 9.2.4 Retreaded Passenger Car Tires
- 9.2.5 Off-the-Road Retread Tires
-
9.3 LATAM Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Commercial Vehicles
- 9.3.2 Passenger Vehicles
- 9.3.3 Off-Road Vehicles
- 9.3.4 Heavy Duty Vehicles
- 9.3.5 Aircraft Tires
- 9.4 LATAM Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 9.5 LATAM Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 9.6 LATAM Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 10 : West Europe Retread Tire Market Breakdown by Country, Type & Application
- 10.1 West Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Bias Ply Retread Tires
- 10.2.2 Radial Ply Retread Tires
- 10.2.3 Retreaded Commercial Vehicle Tires
- 10.2.4 Retreaded Passenger Car Tires
- 10.2.5 Off-the-Road Retread Tires
-
10.3 West Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Commercial Vehicles
- 10.3.2 Passenger Vehicles
- 10.3.3 Off-Road Vehicles
- 10.3.4 Heavy Duty Vehicles
- 10.3.5 Aircraft Tires
- 10.4 West Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 10.5 West Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 10.6 West Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 11 : Central & Eastern Europe Retread Tire Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Bias Ply Retread Tires
- 11.2.2 Radial Ply Retread Tires
- 11.2.3 Retreaded Commercial Vehicle Tires
- 11.2.4 Retreaded Passenger Car Tires
- 11.2.5 Off-the-Road Retread Tires
-
11.3 Central & Eastern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Commercial Vehicles
- 11.3.2 Passenger Vehicles
- 11.3.3 Off-Road Vehicles
- 11.3.4 Heavy Duty Vehicles
- 11.3.5 Aircraft Tires
- 11.4 Central & Eastern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 11.5 Central & Eastern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 11.6 Central & Eastern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 12 : Northern Europe Retread Tire Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Bias Ply Retread Tires
- 12.2.2 Radial Ply Retread Tires
- 12.2.3 Retreaded Commercial Vehicle Tires
- 12.2.4 Retreaded Passenger Car Tires
- 12.2.5 Off-the-Road Retread Tires
-
12.3 Northern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Commercial Vehicles
- 12.3.2 Passenger Vehicles
- 12.3.3 Off-Road Vehicles
- 12.3.4 Heavy Duty Vehicles
- 12.3.5 Aircraft Tires
- 12.4 Northern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 12.5 Northern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 12.6 Northern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 13 : Southern Europe Retread Tire Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Bias Ply Retread Tires
- 13.2.2 Radial Ply Retread Tires
- 13.2.3 Retreaded Commercial Vehicle Tires
- 13.2.4 Retreaded Passenger Car Tires
- 13.2.5 Off-the-Road Retread Tires
-
13.3 Southern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Commercial Vehicles
- 13.3.2 Passenger Vehicles
- 13.3.3 Off-Road Vehicles
- 13.3.4 Heavy Duty Vehicles
- 13.3.5 Aircraft Tires
- 13.4 Southern Europe Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 13.5 Southern Europe Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 13.6 Southern Europe Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 14 : East Asia Retread Tire Market Breakdown by Country, Type & Application
- 14.1 East Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Bias Ply Retread Tires
- 14.2.2 Radial Ply Retread Tires
- 14.2.3 Retreaded Commercial Vehicle Tires
- 14.2.4 Retreaded Passenger Car Tires
- 14.2.5 Off-the-Road Retread Tires
-
14.3 East Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Commercial Vehicles
- 14.3.2 Passenger Vehicles
- 14.3.3 Off-Road Vehicles
- 14.3.4 Heavy Duty Vehicles
- 14.3.5 Aircraft Tires
- 14.4 East Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 14.5 East Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 14.6 East Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 15 : Southeast Asia Retread Tire Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Bias Ply Retread Tires
- 15.2.2 Radial Ply Retread Tires
- 15.2.3 Retreaded Commercial Vehicle Tires
- 15.2.4 Retreaded Passenger Car Tires
- 15.2.5 Off-the-Road Retread Tires
-
15.3 Southeast Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Commercial Vehicles
- 15.3.2 Passenger Vehicles
- 15.3.3 Off-Road Vehicles
- 15.3.4 Heavy Duty Vehicles
- 15.3.5 Aircraft Tires
- 15.4 Southeast Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 15.5 Southeast Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 15.6 Southeast Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 16 : South Asia Retread Tire Market Breakdown by Country, Type & Application
- 16.1 South Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Bias Ply Retread Tires
- 16.2.2 Radial Ply Retread Tires
- 16.2.3 Retreaded Commercial Vehicle Tires
- 16.2.4 Retreaded Passenger Car Tires
- 16.2.5 Off-the-Road Retread Tires
-
16.3 South Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Commercial Vehicles
- 16.3.2 Passenger Vehicles
- 16.3.3 Off-Road Vehicles
- 16.3.4 Heavy Duty Vehicles
- 16.3.5 Aircraft Tires
- 16.4 South Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 16.5 South Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 16.6 South Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 17 : Central Asia Retread Tire Market Breakdown by Country, Type & Application
- 17.1 Central Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Bias Ply Retread Tires
- 17.2.2 Radial Ply Retread Tires
- 17.2.3 Retreaded Commercial Vehicle Tires
- 17.2.4 Retreaded Passenger Car Tires
- 17.2.5 Off-the-Road Retread Tires
-
17.3 Central Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Commercial Vehicles
- 17.3.2 Passenger Vehicles
- 17.3.3 Off-Road Vehicles
- 17.3.4 Heavy Duty Vehicles
- 17.3.5 Aircraft Tires
- 17.4 Central Asia Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 17.5 Central Asia Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 17.6 Central Asia Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 18 : Oceania Retread Tire Market Breakdown by Country, Type & Application
- 18.1 Oceania Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Bias Ply Retread Tires
- 18.2.2 Radial Ply Retread Tires
- 18.2.3 Retreaded Commercial Vehicle Tires
- 18.2.4 Retreaded Passenger Car Tires
- 18.2.5 Off-the-Road Retread Tires
-
18.3 Oceania Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Commercial Vehicles
- 18.3.2 Passenger Vehicles
- 18.3.3 Off-Road Vehicles
- 18.3.4 Heavy Duty Vehicles
- 18.3.5 Aircraft Tires
- 18.4 Oceania Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 18.5 Oceania Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 18.6 Oceania Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 19 : MEA Retread Tire Market Breakdown by Country, Type & Application
- 19.1 MEA Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Bias Ply Retread Tires
- 19.2.2 Radial Ply Retread Tires
- 19.2.3 Retreaded Commercial Vehicle Tires
- 19.2.4 Retreaded Passenger Car Tires
- 19.2.5 Off-the-Road Retread Tires
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19.3 MEA Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Commercial Vehicles
- 19.3.2 Passenger Vehicles
- 19.3.3 Off-Road Vehicles
- 19.3.4 Heavy Duty Vehicles
- 19.3.5 Aircraft Tires
- 19.4 MEA Retread Tire Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 19.5 MEA Retread Tire Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 19.6 MEA Retread Tire Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Retread Tire market is estimated to see a CAGR of 5.7% and may reach an estimated market size of 5.7% USD 18.4 Billion by 2030.
The Retread Tire Market is estimated to grow at a CAGR of 5.7%, currently pegged at USD 12.7 Billion.
The changing dynamics and trends such as Increased Focus On Sustainability And Reducing Waste Through Tire Recycling. are seen as major Game Changer in Global Retread Tire Market.
- Expansion In Markets Where Vehicle Fleets Are Large
- Such As Logistics And Public Transport Sectors.
Some of the major roadblocks that industry players have identified are Regulatory Standards And Consumer Skepticism Regarding Quality And Safety Of Retread Tires..
The market opportunity is clear from the flow of investment into Global Retread Tire Market, some of them are Expansion In Markets Where Vehicle Fleets Are Large, Such As Logistics And Public Transport Sectors..
Retread Tire Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Bridgestone, Michelin, Goodyear, Continental, Tire Group International, Bandag, Oliver Rubber, Marangoni, Sumitomo Rubber Industries, Vipal Rubber, Kumho, Apollo Tyres, Maxxis, Nokian Tyres, Cooper Tire, Toyo Tire, Hankook, Pirelli, TVS Tyres, Radial Rubber, Birla Tyres.
The Global Retread Tire Market Study is Broken down by applications such as Commercial Vehicles, Passenger Vehicles, Off-Road Vehicles, Heavy Duty Vehicles, Aircraft Tires.
The Global Retread Tire Market Study is segmented by Bias Ply Retread Tires, Radial Ply Retread Tires, Retreaded Commercial Vehicle Tires, Retreaded Passenger Car Tires, Off-the-Road Retread Tires.
The Global Retread Tire Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
The Retread Tire Market is studied from 2019 - 2030.
A retread tire is a used tire that has been refurbished by replacing its worn-out tread with new rubber. This process, also known as tire retreading or recapping, extends the life of a tire, making it a more economical and environmentally friendly option compared to purchasing new tires. Retreading is commonly used in commercial vehicles, such as trucks, buses, and airplanes, as these tires typically experience significant wear. The process involves inspecting the tire's casing for damage, cleaning the tire, and then applying a new layer of tread using high-temperature bonding. Retread tires undergo rigorous testing and quality control to ensure they meet safety standards and are durable enough for use on the road. Retreading is a cost-effective way to reduce tire expenses while contributing to sustainability by reusing tire casings and reducing waste. It also has a lower environmental impact compared to manufacturing new tires from raw materials.
