Tire Additives Market
Tire Additives Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Tire Additives Market Size and Growth
The Tire Additives market is experiencing steady growth, driven by increasing demand for enhanced tire performance and durability. The global market size is projected to reach approximately $3 billion by 2025, with significant opportunities in eco-friendly additives and innovations. Key trends include sustainability, technological advancements, and rising automotive production.
Companies Covered
(Covid 19 Impact Covered)
◍ Arkema
◍ Arkochem
◍ BASF
◍ Eastman
◍ Kraton
◍ Lanxess
◍ Orion Engineered Carbons
◍ PMC Group
◍ Shin-Etsu Chemical
◍ Solvay
◍ Sumitomo Chemicals
◍ WR Grace
◍ Nocil
The Tire Additives Market features key players like Arkema, BASF, and Lanxess, who enhance performance with innovative additives. Companies like Eastman and Sumitomo Chemicals develop specialized formulations, driving growth. Notable revenues include BASF's €78 billion (2022) and Arkema's €9.4 billion (2022), showcasing market influence and expansion potential. Request Sample Report
Market Segmentation
By Application
Automobile
Industrial
Other
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By Product
Silica
Carbon Black
Thioacetic Acid
Para Phenylene Diamines
Styrenated Phenol
Insoluble Sulfur
Others
Market Growth
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$ X Billion USD
