| Product Code: ETC308309 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines tire machinery market is influenced by the automotive and manufacturing sectors. As the demand for vehicles grows, so does the need for tire manufacturing equipment. The CAGR for the tire machinery market in the Philippines is anticipated to be around 8%, aligning with the expansion of the automotive industry.
The Philippines tire machinery market has seen substantial growth due to the increasing demand for automobiles and the replacement tire market. The automotive industry`s expansion, coupled with the growth of the transportation sector, has led to higher demand for tire manufacturing and retreading machinery. As the country invests in its automotive sector, the tire machinery market is expected to benefit from these developments.
Environmental concerns and changing tire technologies are challenges in the tire machinery market. Developing machinery that accommodates new tire materials and minimizes environmental impact is essential.
The Philippines tire machinery market has been negatively impacted by the COVID-19 pandemic. The automotive industry, a major user of tire machinery, has experienced disruptions as production and demand were affected. The economic uncertainties have also led to reduced investments in the automotive sector, affecting the demand for tire machinery.
Leading companies in the Philippines tire machinery market include Bosch Rexroth AG, Kobe Steel Ltd., and Mitsubishi Heavy Industries Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Tire Machinery Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Tire Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Tire Machinery Market - Industry Life Cycle |
3.4 Philippines Tire Machinery Market - Porter's Five Forces |
3.5 Philippines Tire Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Tire Machinery Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.7 Philippines Tire Machinery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Tire Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in the Philippines |
4.2.2 Increasing demand for replacement tires |
4.2.3 Government initiatives to boost manufacturing sector |
4.3 Market Restraints |
4.3.1 High initial investment cost for tire machinery |
4.3.2 Fluctuating raw material prices |
4.3.3 Competition from imported tire machinery |
5 Philippines Tire Machinery Market Trends |
6 Philippines Tire Machinery Market, By Types |
6.1 Philippines Tire Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Tire Machinery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Tire Machinery Market Revenues & Volume, By Mixing Machine/ Rubber Mixers, 2021-2031F |
6.1.4 Philippines Tire Machinery Market Revenues & Volume, By Calendaring Machine, 2021-2031F |
6.1.5 Philippines Tire Machinery Market Revenues & Volume, By Extrusion Machines, 2021-2031F |
6.1.6 Philippines Tire Machinery Market Revenues & Volume, By Multi Extrusion Lines, 2021-2031F |
6.1.7 Philippines Tire Machinery Market Revenues & Volume, By Inner Liner Lines, 2021-2031F |
6.1.8 Philippines Tire Machinery Market Revenues & Volume, By Extruders, 2021-2031F |
6.1.9 Philippines Tire Machinery Market Revenues & Volume, By Cutting Machines, 2021-2031F |
6.1.10 Philippines Tire Machinery Market Revenues & Volume, By Cutting Machines, 2021-2031F |
6.2 Philippines Tire Machinery Market, By Tire Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Tire Machinery Market Revenues & Volume, By Radial Tire, 2021-2031F |
6.2.3 Philippines Tire Machinery Market Revenues & Volume, By Bias Tire, 2021-2031F |
6.3 Philippines Tire Machinery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Tire Machinery Market Revenues & Volume, By Two-wheeler tires, 2021-2031F |
6.3.3 Philippines Tire Machinery Market Revenues & Volume, By Passenger Vehicle Tires, 2021-2031F |
6.3.4 Philippines Tire Machinery Market Revenues & Volume, By Hatchback, 2021-2031F |
6.3.5 Philippines Tire Machinery Market Revenues & Volume, By Sedan, 2021-2031F |
6.3.6 Philippines Tire Machinery Market Revenues & Volume, By Utility Vehicles, 2021-2031F |
6.3.7 Philippines Tire Machinery Market Revenues & Volume, By Light Commercial Vehicle Tires, 2021-2031F |
6.3.8 Philippines Tire Machinery Market Revenues & Volume, By Off-road Vehicle Tires, 2021-2031F |
6.3.9 Philippines Tire Machinery Market Revenues & Volume, By Off-road Vehicle Tires, 2021-2031F |
7 Philippines Tire Machinery Market Import-Export Trade Statistics |
7.1 Philippines Tire Machinery Market Export to Major Countries |
7.2 Philippines Tire Machinery Market Imports from Major Countries |
8 Philippines Tire Machinery Market Key Performance Indicators |
8.1 Utilization rate of tire machinery in manufacturing plants |
8.2 Rate of technology adoption in tire manufacturing processes |
8.3 Number of tire manufacturing facilities investing in machinery upgrades |
8.4 Efficiency of tire machinery maintenance and repair operations |
9 Philippines Tire Machinery Market - Opportunity Assessment |
9.1 Philippines Tire Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Tire Machinery Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
9.3 Philippines Tire Machinery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Tire Machinery Market - Competitive Landscape |
10.1 Philippines Tire Machinery Market Revenue Share, By Companies, 2024 |
10.2 Philippines Tire Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |