| Product Code: ETC6690393 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely heavily on tire reinforcement materials imports, with top exporting countries being Portugal, China, France, Spain, and Senegal. The market concentration, as measured by the HHI, remained very high, indicating a limited number of major suppliers dominating the market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 12.05% in 2024 compared to the previous year. This suggests potential opportunities for market expansion and diversification in the tire reinforcement materials sector in Cape Verde.

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 Cape Verde Tire Reinforcement Materials Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Tire Reinforcement Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Tire Reinforcement Materials Market - Industry Life Cycle |
3.4 Cape Verde Tire Reinforcement Materials Market - Porter's Five Forces |
3.5 Cape Verde Tire Reinforcement Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Tire Reinforcement Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Tire Reinforcement Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance tires in the automotive industry |
4.2.2 Growing emphasis on fuel efficiency and sustainability driving the adoption of advanced tire reinforcement materials |
4.2.3 Government initiatives promoting the use of eco-friendly materials in tire manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness about the benefits of advanced tire reinforcement materials among consumers |
4.3.3 Limited availability of skilled labor for manufacturing high-quality reinforced tires |
5 Cape Verde Tire Reinforcement Materials Market Trends |
6 Cape Verde Tire Reinforcement Materials Market, By Types |
6.1 Cape Verde Tire Reinforcement Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Tire Reinforcement Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Tire Reinforcement Materials Market Revenues & Volume, By Steel Cord, 2021- 2031F |
6.1.4 Cape Verde Tire Reinforcement Materials Market Revenues & Volume, By Polyester Cord, 2021- 2031F |
6.2 Cape Verde Tire Reinforcement Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Tire Reinforcement Materials Market Revenues & Volume, By Tire Manufacturing, 2021- 2031F |
7 Cape Verde Tire Reinforcement Materials Market Import-Export Trade Statistics |
7.1 Cape Verde Tire Reinforcement Materials Market Export to Major Countries |
7.2 Cape Verde Tire Reinforcement Materials Market Imports from Major Countries |
8 Cape Verde Tire Reinforcement Materials Market Key Performance Indicators |
8.1 Research and Development investment in innovative tire reinforcement materials |
8.2 Adoption rate of advanced tire reinforcement materials by tire manufacturers |
8.3 Environmental impact assessment of tire reinforcement materials used in manufacturing |
9 Cape Verde Tire Reinforcement Materials Market - Opportunity Assessment |
9.1 Cape Verde Tire Reinforcement Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Tire Reinforcement Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Tire Reinforcement Materials Market - Competitive Landscape |
10.1 Cape Verde Tire Reinforcement Materials Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Tire Reinforcement Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |