Press Release

Tire Chemicals Market to Grow with a CAGR of 4.15% through 2030

Rise in Automotive Production and Technological Advancements in Tire Manufacturing are expected to drive the Global Tire Chemicals Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “Tire Chemicals Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Tire Chemicals Market stood at USD 11.52 Billion in 2024 and is anticipated to grow with a CAGR of 4.15% in the forecast period.

Government-led initiatives and regulatory scrutiny are increasingly shaping the Global Tire Chemicals Market, creating a landscape that is both challenging and rich with innovation opportunities. Recent actions by regulatory bodies, particularly in the United States, are driving a reassessment of traditional tire chemical formulations, prompting a shift toward safer, more sustainable compounds.

The Department of Toxic Substances Control (DTSC) has proposed designating motor vehicle tires containing 6PPD as a Priority Product under its Safer Consumer Products program. This move is based on scientific evidence linking 6PPD and its transformation product, 6PPD-quinone, to environmental toxicity, particularly aquatic life mortality. With 6PPD having been widely used in tire rubber since the mid-20th century, the regulatory attention signals a paradigm shift in accepted formulation standards. If adopted, this designation could compel tire manufacturers to identify safer chemical alternatives, thereby influencing global formulation strategies and supplier portfolios.

Indigenous tribes across the U.S. are urging federal authorities to ban 6PPD entirely, citing its harmful ecological impact particularly its role in salmon population decline. These calls for federal intervention have amplified environmental advocacy efforts and are accelerating pressure on both regulators and industry players to transition away from legacy additives in favor of environmentally responsible compounds.

Further supporting this regulatory momentum is a multi-agency initiative in the U.S. to assess the potential human health and ecological risks associated with recycled tire crumb rubber, particularly in recreational environments like playgrounds and athletic fields. This comprehensive risk evaluation is intended to inform evidence-based policymaking around material reuse, exposure thresholds, and long-term safety of tire-derived products, which could significantly reshape demand patterns for tire chemicals used in secondary applications.

In response to this evolving regulatory environment, research and development (R&D) has become a strategic imperative for stakeholders in the tire chemicals ecosystem. Leading chemical suppliers and tire manufacturers are accelerating investments in green chemistry, alternative elastomers, and advanced filler systems to meet both performance and sustainability benchmarks. Collaborations through strategic partnerships, joint ventures, and targeted acquisitions are further enabling companies to bring eco-innovative solutions to market faster.

 

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The Global Tire Chemicals Market is segmented into vehicle type, demand category, tire construction type, regional distribution, and company

Based on its demand category, the replacement segment held the largest share in the market. This dominance is not simply a function of higher tire unit demand, but a reflection of the unique structural dynamics that govern replacement cycles, aftermarket preferences, and regional usage patterns. The replacement segment plays a strategic role in sustaining long-term demand for a diverse portfolio of tire chemicals, particularly those used in retreading, reformulation, and performance-enhancing compounds. Unlike OEM (original equipment manufacturer) tires, which are supplied only once per vehicle at the point of production, replacement tires are purchased repeatedly throughout a vehicle’s lifespan. Given that the average tire lifespan ranges between 30,000 to 50,000 kilometers, most vehicles require multiple tire replacements during their operational life. With over 1.4 billion vehicles currently in use globally, this recurring cycle creates a massive aftermarket pull-through for chemicals used in tread formulation, bonding agents, curing systems, and protective coatings. This structural pattern gives the replacement segment a higher lifetime value per vehicle, translating into sustained demand for tire chemicals year-over-year, regardless of short-term fluctuations in vehicle production volumes.

Based on region, North America is strategically positioned to witness the fastest market growth in the Global Tire Chemicals Market, driven by a combination of structural industry shifts, regulatory advancements, and rising demand for high-performance and sustainable tire technologies. Unlike purely volume-driven regions, North America’s growth is value- and innovation-led, anchored in technologically advanced tire manufacturing, evolving mobility trends, and intensified focus on environmental compliance. North America is experiencing a resurgence in domestic tire manufacturing capacity, with several global tire producers including Michelin, Bridgestone, Continental, and Yokohama expanding or establishing new facilities in the United States and Mexico. These next-generation plants are being designed around: Automation and smart manufacturing systems, Advanced mixing technologies, Localized, vertically integrated supply chains. This industrial expansion is increasing the demand for formulation-specific, process-compatible tire chemicals, such as: High-dispersion silicas, Eco-friendly accelerators, Temperature-optimized curing agents. As tire production in the region shifts toward value-added and premium segments, chemical consumption per tire is increasing, driving above-average market growth.

 

Major companies operating in Global Tire Chemicals Market are:

  • Eastman Chemical Co
  • Cabot Corporation
  • Evonik Industries AG
  • Jiangxi Black Cat Carbon Black Inc
  • Birla Carbon India Private Limited
  • ExxonMobil Corporation
  • Emery Oleochemicals LLC
  • Phillips Carbon Black Limited
  • Lanxess AG
  • Orion Engineered Carbon S.A

 

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“The Global Tire Chemicals Market is undergoing a fundamental transformation shifting from a volume-driven commodity sector to a technology-intensive, performance-focused, and sustainability-aligned industry vertical. As vehicle architectures evolve, regulatory scrutiny intensifies, and end-user expectations rise, tire chemical manufacturers are being called to deliver advanced, application-specific, and environmentally compliant solutions. The convergence of innovation in material science, electrification of mobility, and circular economy mandates is not only redefining product requirements but also reshaping global supply strategies. Stakeholders that can adapt through strategic R&D investment, regulatory foresight, and agile formulation capabilities will be best positioned to capture long-term value in a market that is poised for both technical evolution and commercial expansion”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Tire Chemicals Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler, OTR), By Demand Category (OEM, Replacement), By Tire Construction Type (Radial, Bias), By Region, & Competition, 2020-2030F”, has evaluated the future growth potential of Global Tire Chemicals Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Tire Chemicals Market.

 

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