Rise in Tire Manufacturing Equipment Plants Expected to Drive Global Tyre Curing Press Market: Ken Research

0


Tire curing press is a device used for providing a final shape to prepared tires by applying pressure. It has become a crucial part of various industries, including aviation and automotive. Its selection depends upon the control system type, heating process, green tire stands type, and applications for instance floor construction or foundation pit erection, and operating cavities type among others. Tire curing press comes with a long column design using a locking and squeeze system as per specifications that provide both common and independent controlled presses. It is classified in two types: mechanical tyre curing press and hydraulic tyre curing press. Mechanical press holds the mold closed via toggle linkages. Whereas hydraulic press uses hydraulic oil for machine motion and lock the mold with a breech-lock mechanism. There are two generic mold types including segmental molds and two-piece molds.

The key advantages are included ease of maintenance; maximize machine efficiency, increased productivity of tires, increased bladder life and quick bladder change.

Global Tyre Curing Press MarketAccording to study, “Global Tyre Curing Press Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global tyre curing press market are HF TireTech, Hebert, Kobe Steel, McNeil & NRM, MHIMT, CIMA Impianti, Larsen & Toubro, Santosh Engineering, Specific Engineering, Alfred Herbert, Sanming Double-Wheel, Rogers, Guilin Rubber Machinery, ROTAS, SCUT Bestry, Greatoo, Shenghualong, MESNAC, Deshengli, Sinoarp, Linglong, Linsheng, Doublestar, Himile, BBD, Gold Hawk.

Based on type, tyre curing press market is segmented into hybrid curing press machine, mechanical curing press machine, and hydraulic curing press machine. The hydraulic tire curing press segment is expected to witness enormous growth as it offers smoother operation and produces less noise during the curing process in comparison to mechanical tire curing press during the forecast period. Based on production process, market is segmented into raw material mixing and rubber sheet molding. Based on application, market is segregated into ordinary tire and radical tire. In addition, based on vehicle type, market is segmented into commercial vehicles and passenger cars.

The tyre curing press market is driven by rise in demand for cured tires for aviation vehicles, commercial vehicle, passenger car, and off-the-road equipment, followed by growth in technological advancements, rise in tire manufacturing equipment plants, and the low maintenance costs of tire curing presses. However, lack of awareness among manufacturers about the benefits of tire curing press may impact the market. Moreover, increase in demand for durable tires is a key opportunity for market.

Based on geography, the Asian-Pacific region holds major share in tyre curing press market owing to rise in investments to increase the production of green tire and growth in disposable income in countries such as India and China in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to presence of several tire curing press manufactures and stringent government regulations to reduce greenhouse emission from vehicles over the forecast period. In near future, it is projected that the market will be reached at rapid pace as a result of integration of various functions and easy-to-service design during the forecast period. The global market is anticipated to grow at a CAGR of approximately 0.4% over the next five years, will reach US $1040 million in 2024, from US $1010 million in 2019.

To know more, click on the link below:-

Global Tyre Curing Press Market Research Report

Related Reports:-

Global Tyre Curing Press Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Global Tyre Curing Press Market Status and Future Forecast 2015-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

Share.

Comments are closed.