Dublin, June 19, 2024 (GLOBE NEWSWIRE) -- The "Automotive Tire Molds - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Automotive Tire Molds is estimated at US$1.6 Billion in 2023 and is projected to reach US$2.1 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Continental AG, The Yokohama Rubber Co., Ltd., GF Machining Solutions Management SA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Segmented Molds segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of 5.1%. The Two-Piece Molds segment is also set to grow at 0.9% CAGR over the next 8 years.
- Regional Analysis: Gain insights into the U.S. market, estimated at $261.4 Million in 2023, and China, forecasted to grow at an impressive 4.6% CAGR to reach $587.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automotive Tire Molds Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Tire Molds Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automotive Tire Molds Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Select Competitors (Total 30 Featured):
- Continental AG
- The Yokohama Rubber Co. Ltd.
- GF Machining Solutions Management SA
- Mesnac
MarketGlass Platform
Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 283 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $1.6 Billion |
| Forecasted Market Value (USD) by 2030 | $2.1 Billion |
| Compound Annual Growth Rate | 4% |
| Regions Covered | Global |
Market Overview
- Automotive Tire Molds - Global Key Competitors Percentage Market Share in 2023
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023
- Vehicle Tires: A Prelude
- Types of Automotive Tires
- Belt Cord Construction for Passenger Tires for Replacement and OEM Market: Percentage Composition by Material Type
- Design Element of Tires
- Tire Composition: Percentage Breakdown of Components by Weight for Passenger Car and Truck Tires
- An Introduction to Automotive Tire Molds
- Global Market Prospects & Outlook
- Analysis by Type
- Regional Analysis
- Competitive Scenario
- Recent Market Activity
Market Trends and Drivers
- Recovery in Automotive Industry Post COVID-19 to Steer Demand
- PCR Tires and TBR Tires Fuel Tire Mold Market
- 3D Printing of Pattern Blocks
- Focus on Development of Smart Tires Rises, Automation Gains Importance
- Quicker Tire Size Changes and Rising Requirement for Greater Automation Impact the Industry
- Focus on Sophisticated and Intelligent Tires Surges with the Emergence of EVs and AVs
- Tire Industry Dynamics Influence Market Prospects
- Need for Regular Replacement of Tires Augurs Well
- Retreaded Tires Extend Another Growth Area
- Bad Road Conditions & Rise in Automotive Accidents Mandate High-Quality Tires
- Number of Deaths Caused by Road Accidents Worldwide by Region for the Years 2019 & 2030
- Mold Advancements Support Airless Tire Manufacturing
- Global Market for Airless Tires (In US$ Million) for the Years 2018 and 2024
- Fuel Economy & Vehicular Emission Regulations Spur Design Improvements
- Demographic Trends to Underpin Future Revenue Growth of Automotive Industry and Ancillary Markets
- Urban Sprawl
- World Urban Population in Millions: 1950-2050
- Percentage of Urban Population in Select Countries (2018 & 2050)
- Expanding Middle Class Segment
- Breakdown of World Middle Class Population (in Million) by Region for the Years 2016, 2020 & 2030
- Breakdown of World Middle Class Spending (in US$ Billion) by Region for the Years 2016, 2020 & 2030
For more information about this report visit https://www.researchandmarkets.com/r/4nxvom
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