Tire Fillers Market: Qualitative and Quantitative Analysis to 2027 Eco-friendly material for Tire-making formulations Tire fillers Market: an eco-friendly material for tire-making formulations
Tire fillers form an important part of the tire manufacturing process. In tire production, tire fillers are employed to enhance strength, durability, performance, and efficiency. Different types of tire fillers include carbon black, clays, mineral fillers, aluminum trihydrate, silane, and silica compounds. A tire is made of various materials including rubber, inert fillers, and specialty chemicals. In a tire, the rubber content is around 45%, inert fillers account for 25%, while the specialty chemicals content is 15%. The rest is fabric material. The combination of these materials imparts excellent properties to tires. Conventionally, tires are black in color and rubber is considered a suitable material for tire manufacture. Rubber is highly elastic material that can change its shape under certain lowheat conditions. Increasing regulatory norms led by concerns about the environment have changed the formulation of tires and tire products globally.
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Key Drivers of Global Tire Fillers Market
Increasing demand for automobiles, such as SUVs and crossover and hybrid cars, is projected to boost the global tire industry during the forecast period. This, in turn, is likely to propel the demand for tire fillers market across the globe from 2019 to 2027. In 2019, over 1,700 million units of passenger cars and light commercial vehicles (LCVs) were sold worldwide. Rising number of road accidents is also prompting tire manufacturers to enhance the quality and road grip performance of tires. Manufacturers are aiming at effective tire formulations made by using high-quality materials including rubber, fillers, and specialty chemicals. Rapid growth of the automotive industry in several countries is projected to drive the tire fillers market across the world in the next few years.
Silica Segment to Witness Attractive Opportunities
Based on product, the global tire fillers market can be segmented into carbon black, precipitated silica, mineral fillers, and titanium dioxide. The precipitated silica segment is projected to hold a key market share during the forecast period. Precipitated silica is widely used in tire formulations due to its chemical compatibility with rubber materials, which adds value to tire products. Silica and silane possess different sets of characteristics, which have a broad range of applications in the tire industry. These are extensively available in different physical forms and grades. In the tire industry, silica is extensively used for improving performance and