Aircraft Tire Retreading Market was valued at USD 3.2 Billion in 2022 and is projected to reach USD 5.0 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global aircraft tire retreading market was valued at approximately USD 1.2 billion in 2022 and is expected to witness a compound annual growth rate (CAGR) of around 5.6% during the forecast period from 2022 to 2030. Aircraft tire retreading is becoming increasingly popular due to its cost-effectiveness and environmental benefits. As the aviation industry continues to grow, the demand for reliable and efficient aircraft maintenance solutions, including tire retreading, is on the rise. The market is driven by the increasing number of aircraft in operation, as well as growing commercial and military aviation sectors. Additionally, tire retreading significantly reduces the cost of replacement for airlines and fleet operators, making it a preferred choice in maintaining operational efficiency.Emerging opportunities in the aircraft tire retreading market are largely fueled by advancements in retreading technologies, which offer better performance and longevity of retreaded tires. Markets in the Asia-Pacific region are expected to exhibit the highest growth, driven by the expanding aviation sector and increased government investments in air travel infrastructure. As sustainability becomes a priority in the aviation industry, retreading helps reduce waste and supports eco-friendly practices. Moreover, the increasing use of regional jets and narrow-body aircraft, which typically require more frequent tire replacements, is creating additional demand for retreaded tires. These factors are expected to offer significant growth potential for market participants over the coming years.
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Bridgestone Corporation (Japan)
Michelin (France)
Marangoni SPA (Italy)
Wilkerson Company
SAIC (China)
Oliver Tyre Group (South Africa)
Dunlop Aircraft Tyrelimited (Uk)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Tire Retreading Market
Commercial
Military
Based on Types the Market is categorized into Below types that held the largest Aircraft Tire Retreading market share In 2023.
Pre-Cure
Mold-Cure
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Tire Retreading Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Tire Retreading Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Tire Retreading Market, By Type
6. Global Aircraft Tire Retreading Market, By Application
7. Global Aircraft Tire Retreading Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Tire Retreading Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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