Global Polyurethane Tire Market is expected to grow at a CAGR of 5.1% throughout the forecast period, to reach US$ 90.29 Bn. by 2029.Polyurethane Tire Market Overview
Polyurethane tires are widely adopted in industrial applications due to their load capacity, noise reduction, load-bearing capability, floor protection, better grip & traction, corrosion resistance, and material handling. They consist of properties like abrasion resistance, durable, flexible, and pliable thus are also used for indoor applications. Thus, Key players are coming up with new products and are providing new e-commerce platforms to improve the brand value. This has influenced many manufacturers to invest more in the polyurethane tire market. The report also covers the detailed analysis of the global polyurethane tires industry with the classifications of the market based on type, sales channel and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To know about the Research Methodology :- Request Free Sample Report The report has profiled key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Polyurethane Tire Market Dynamics
The increasing demand for solid tires, superior properties, and expanding warehouse capacities are expected to spice up the worldwide market. Growing demand for noise reduction in distribution centers & mechanical shop floors and buyer inclination towards online shopping in e-commerce & retail is anticipated to drive the development of the market globally. Also, the properties like corrosion resistance, durability, flexibility, and several other environmental factors are making polyurethane tires highly robust and lifelong. This in turn is creating demand for the market globally. Similarly, the growth of the food and pharmaceutical sector, with the increasing use of polyurethane tires to handle material is driving the market globally. Technological advancement and growing awareness among the consumers related to the advantages and availability of polyurethane tires are anticipated to create opportunities for the market during the forecast period.Segmentation Analysis
By Type, the PTMEG Polyurethane has wider application as compared to PPG Polyurethane due to its thermal abrasive resistance property. Also, PTMEG-based polyurethanes exhibit superior resistance to hydrolytic cleavage, good mechanical property retention at low temperature, high resiliency, good processing characteristics, and excellent mechanical and dynamic properties. Thus, considering the above characteristics the PTMEG polyurethane segment is expected to drive the growth during the forecast period. By Sales Channel, the polyurethane tires need to be replaced due to wear and tear as they develop tears and cracks, which is provided by the aftermarket. The replacement procedure is easy for polyurethane tires and requires less time, than rubber tires. Thus, the aftermarket segment holds the majority of the market share and is expected to continue its dominance in the forecast period. The demand for polyurethane is growing due to which, the number of aftermarket tire suppliers is also growing, driving the growth of the aftermarket segment. The after market segment had USD xx Mn of market revenue in 2022 and is expected to reach USD xx Mn during the forecast period. The Asia Pacific is leading the market, Thanks to the industrial and food and pharmaceutical sector, e-commerce & retail, and construction segment growth in countries like China, India, Japan, South Korea, and others. The growth of warehouse booking in the Asia Pacific is expected to continue with the increasing numbers of industries in the region. Followed by North America, the countries in North America, such as the US and Canada have increased their demand for polyurethane to support the construction sector in the region.Polyurethane Tire Market Scope: Inquire before buying
Polyurethane Tire Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 63.74 Bn. Forecast Period 2023 to 2029 CAGR: 5.1% Market Size in 2029: US $ 90.29 Bn. Segments Covered: by Type PPG Polyurethane PTMEG Polyurethane by Sales Channel OEM Aftermarket by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Polyurethane Tire Market Key Players
1. Trelleborg AB 2. Stellana 3. APEXWAY 4. Xiamen Aleader Tire and Wheel Industrial 5. Uremet 6. Albion Casters 7. Amerityre 8. TVS Group 9. Albion Casters 10. Camso 11. Continental AG 12. The Yokohama Rubber Co. Ltd. 13. Hankook 14. Falline Corp 15. Enbi Frequently Asked Questions: 1. Which region has the largest share in Global Polyurethane Tire Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Polyurethane Tire Market? Ans: The Global Polyurethane Tire Market is growing at a CAGR of 5.1% during forecasting period 2023-2029. 3. What is scope of the Global Polyurethane Tire Market report? Ans: Global Polyurethane Tire Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Polyurethane Tire Market size in 2022? Ans: The Global Polyurethane Tire market was valued at US$ 63.74 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Polyurethane Tire Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Polyurethane Tire Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Polyurethane Tire Market 3.4. Geographical Snapshot of the Polyurethane Tire Market, By Manufacturer share 4. Global Polyurethane Tire Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Polyurethane Tire Market 5. Supply Side and Demand Side Indicators 6. Global Polyurethane Tire Market Analysis and Forecast, 2022-2029 6.1. Global Polyurethane Tire Market Size & Y-o-Y Growth Analysis. 7. Global Polyurethane Tire Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. PPG Polyurethane 7.1.2. PTMEG Polyurethane 7.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 7.2.1. OEM 7.2.2. Aftermarket 8. Global Polyurethane Tire Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Polyurethane Tire Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. PPG Polyurethane 9.1.2. PTMEG Polyurethane 9.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 9.2.1. OEM 9.2.2. Aftermarket 10. North America Polyurethane Tire Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Polyurethane Tire Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 12. Canada Polyurethane Tire Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 13. Mexico Polyurethane Tire Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 14. Europe Polyurethane Tire Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 15. Europe Polyurethane Tire Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Polyurethane Tire Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 17. France Polyurethane Tire Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 18. Germany Polyurethane Tire Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 19. Italy Polyurethane Tire Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 20. Spain Polyurethane Tire Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 21. Sweden Polyurethane Tire Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 22. CIS Countries Polyurethane Tire Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 23. Rest of Europe Polyurethane Tire Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 24. Asia Pacific Polyurethane Tire Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 25. Asia Pacific Polyurethane Tire Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Polyurethane Tire Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 27. India Polyurethane Tire Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 28. Japan Polyurethane Tire Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 29. South Korea Polyurethane Tire Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 30. Australia Polyurethane Tire Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 31. ASEAN Polyurethane Tire Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 32. Rest of Asia Pacific Polyurethane Tire Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 33. Middle East Africa Polyurethane Tire Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 34. Middle East Africa Polyurethane Tire Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Polyurethane Tire Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 36. GCC Countries Polyurethane Tire Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 37. Egypt Polyurethane Tire Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 38. Nigeria Polyurethane Tire Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 39. Rest of ME&A Polyurethane Tire Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 40. South America Polyurethane Tire Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 41. South America Polyurethane Tire Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Polyurethane Tire Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 43. Argentina Polyurethane Tire Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 44. Rest of South America Polyurethane Tire Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Polyurethane Tire Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Stellana 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Trelleborg AB 45.5. Stellana 45.6. Amerityre 45.7. APEXWAY 45.8. Xiamen Aleader Tire and Wheel Industrial 45.9. Uremet 45.10. Albion Casters 45.11. TVS Group 45.12. Albion Casters 45.13. Camso 45.14. Continental AG 45.15. The Yokohama Rubber Co. Ltd. 45.16. Hankook 45.17. Falline Corp 45.18. Enbi 46. Primary Key Insights