Status : Published Published On : Dec, 2023 Report Code : VRAT9600 Industry : Automotive & Transportation Available Format : Page : 132
2025
2030

Global Tire Curing Press Market – Analysis and Forecast (2025-2030)

Industry Insights by Type (Mechanical Tire Curing, Hydraulic Tire Curing, Hybrid Tire Curing, and Others), Application (Radical Tire and Ordinary Tire), and by Geography (North America, Europe, APAC, and Rest of the World)

Industry Overview

The Global Tire Curing Press Industry is a highly fragmented market with a large number of global and regional players in the market. The market for tire curing presses is growing at a sluggish pace during the forecast period. The market is mainly driven by the manufacturing of Tires. Due to the Covid-19 impact, the automotive industry is facing a slow growth rate and this has ultimately impacted the tire market as well. Further, it is expected that new cars coming on the road will boost the demand for Tire curing presses shortly.

Tire Curing Press Market

As the world is slowly overcoming the pandemic, the production and demand for the Tire in developing nations such as APAC, Africa, and Latin America is rising gradually. Further, the introduction of new tire technologies such as green tires is another factor driving the market in developed nations.

Market Segmentation

Insight by Type

Based on type, the market is segmented into mechanical tire curing, hydraulic tire curing, hybrid tire curing, and others. Among these hybrid tire curing is the latest and most used type owing to its reliable feature which reduces energy consumption and offers a faster and stable power source.

Insight by Application

Based on application, the market is bifurcated into radical tires and ordinary tires. Of these two applications, the radial tire segment accounted for the foremost share in the Tire curing press market and is expected a promising market application in terms of future market growth.

Global Tire Curing Press Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  XX Billion

Revenue Forecast in 2030

U.S.D.  XX Billion

Growth Rate

XX%

Segments Covered in the Report

by Type,by Application

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America,Europe,Asia-Pacific (APAC),Rest of the World (RoW)

Industry Dynamics

Industry Trends

One of the key trends prevailing in the tire curing press market is the automotive sector demand for energy-saving tires which is expected to have a significant impact on the tire machinery sector over the next few years

Growth Drivers

The growing automotive sector and rising adoption of new technologies in the sector is giving rise annual production of vehicles. This factor will impact the Tire curing press progression in the market shortly.

Challenges

High maintenance costs and numerous vehicle types may obstruct the growth of the Tire curing press market. Technology within the sector keeps on changing every year which makes the automotive OEMs difficult to switch and therefore, restricts the Tire curing press market growth.

Opportunities

The gradual shift towards the green tire by the automotive players is expected to bring new opportunities in the market. As a result, tire manufacturers are regularly involved in some of brownfield or greenfield projects to match their growing market demands.

Geographic Overview

Geographically, APAC is the largest and fastest-growing Tire curing press market with the largest number of vehicle production every year and a growing number of automotive OEMs and Tire suppliers in the region. This will further upsurge the growth of the China Tire curing press market in years to come.

Further, the US and Europe hold the second and third largest Tire curing press market share respectively, due to the growing advanced vehicle adoption.

Competitive Insight

Key players in the Tire curing press market include Tire manufacturers. Mergers & acquisitions and strategic collaboration are certainly a disruption in the tire and rubber industry, but they also serve many useful purposes, including the transfer of knowledge and technology. For instance, Siemens has collaborated with McNeil & NRM to develop an Autolok curing press with software-in-the-loop capability.

Some of the key players operating in the market Tire Curing Press market Alfred Herbert

AMCL Machinery Ltd., CIMA IMPIANTI S.p.a., ContiTech AG, Greatoo Intelligent, Guilin Rubber Machinery Co. Ltd., Harburg-Freudenberger Maschinenbau GmbH, Larsen & Toubro Limited, McNeil and NRM Inc., Mitsubishi Heavy Industries Ltd., and Rogers Industrial Products Inc..

The Tire Curing Press Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • Type
    • Mechanical Tire Curing
    • Hydraulic Tire Curing
    • Hybrid Tire Curing
    • Others
  • Application
    • Radical Tire
    • Ordinary Tire

Geographical Segmentation

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • U.A.E.
    • Other Countries

 

Tire Curing Press Market Size

Source: VynZ Research

Tire Curing Press Market Analysis

Source: VynZ Research

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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