Tyre Curing Press Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.9 Billion by 2033, exhibiting a CAGR of 5.4% from 2026 to 2033.
The global tyre curing press market has experienced steady growth, with a valuation of approximately USD 1.28 billion in 2023. Projections indicate that the market will reach around USD 1.87 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.30% during the forecast period. This growth is driven by increasing automobile production and the rising demand for durable tyres. Notably, the mechanical curing press segment dominated the market in 2022 and is anticipated to continue its prominence due to its efficiency and cost effectiveness. Additionally, the two piece mold segment held the largest market share in 2022, attributed to its widespread adoption in tyre manufacturing processes.
Regionally, the Asia Pacific market held the highest market share in 2022 and is expected to exhibit significant growth during the forecast period. This expansion is supported by substantial investments in tyre manufacturing facilities and the increasing production of green tyres in countries like China and India. Europe is projected to grow at the fastest rate during the forecast period, driven by advancements in tyre production technologies and supportive government initiatives promoting research and development in the automotive sector. North America maintains a strong market presence due to its well established automotive industry and consistent demand for tyres. Emerging markets in the Middle East, Africa, and South America are also experiencing growth, fueled by urbanization, infrastructure development, and industrialization, which collectively contribute to the increasing demand for tyre curing presses in these regions.
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HF TireTech
Kobe Steel
MHIMT
Hebert
Larsen & Toubro
McNeil & NRM
Alfred Herbert
Specific Engineering
Rogers
CIMA Impianti
ROTAS
Santosh Engineering
Guilin Rubber Machinery
Greatoo
MESNAC
Sanming Double-Wheel
Linglong
SCUT Bestry
Sinoarp
Shenghualong
Doublestar
Deshengli
BBD
Himile
Linsheng
Gold Hawk
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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. 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 Tyre Curing Press Market
Hydraulic Tyre Curing Press
Pneumatic Tyre Curing Press
Mechanical Tyre Curing Press
Electric Tyre Curing Press
Manual Tyre Curing Press
Semi-Automatic Tyre Curing Press
Fully Automatic Tyre Curing Press
Passenger Car Tyres
Commercial Vehicle Tyres
Two-Wheeler Tyres
Off-Road Tyres
Specialty Tyres (e.g., racing, aircraft)
Small Tyres
Medium Tyres
Large Tyres
Automotive Industry
Aerospace Industry
Construction Industry
Mining Industry
Recreational Vehicle Industry
US (United States, US 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 Tyre Curing Press 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 Tyre Curing Press Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tyre Curing Press Market, By Type
6. Global Tyre Curing Press Market, By Application
7. Global Tyre Curing Press Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Tyre Curing Press Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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