| Product Code: ETC5651079 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Madagascar tire material market witnessed a CAGR of 5.74% from 2020 to 2024. However, in 2023-2024, there was a significant year-on-year growth rate decline of -91.67%. Overall, imports of tire materials in Madagascar increased during this period, despite the sharp decline in the last year.

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 Madagascar Tire Material Market Overview |
3.1 Madagascar Country Macro Economic Indicators |
3.2 Madagascar Tire Material Market Revenues & Volume, 2022 & 2032F |
3.3 Madagascar Tire Material Market - Industry Life Cycle |
3.4 Madagascar Tire Material Market - Porter's Five Forces |
3.5 Madagascar Tire Material Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Madagascar Tire Material Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
4 Madagascar Tire Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tires due to growth in automotive industry in Madagascar |
4.2.2 Government initiatives promoting local manufacturing of tire materials |
4.2.3 Growing awareness about the importance of sustainable and eco-friendly tire materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Limited technological advancements in tire material manufacturing in Madagascar |
4.3.3 Lack of skilled workforce in the tire material industry |
5 Madagascar Tire Material Market Trends |
6 Madagascar Tire Material Market Segmentations |
6.1 Madagascar Tire Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Madagascar Tire Material Market Revenues & Volume, By Elastomers, 2022-2032F |
6.1.3 Madagascar Tire Material Market Revenues & Volume, By Reinforcing Fillers, 2022-2032F |
6.1.4 Madagascar Tire Material Market Revenues & Volume, By Plasticizers, 2022-2032F |
6.1.5 Madagascar Tire Material Market Revenues & Volume, By Chemicals, 2022-2032F |
6.1.6 Madagascar Tire Material Market Revenues & Volume, By Metal Reinforcements, 2022-2032F |
6.1.7 Madagascar Tire Material Market Revenues & Volume, By Textile Reinforcements, 2022-2032F |
6.2 Madagascar Tire Material Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Madagascar Tire Material Market Revenues & Volume, By Passenger Cars, 2022-2032F |
6.2.3 Madagascar Tire Material Market Revenues & Volume, By Trucks, 2022-2032F |
6.2.4 Madagascar Tire Material Market Revenues & Volume, By Buses, 2022-2032F |
6.2.5 Madagascar Tire Material Market Revenues & Volume, By LCV, 2022-2032F |
7 Madagascar Tire Material Market Import-Export Trade Statistics |
7.1 Madagascar Tire Material Market Export to Major Countries |
7.2 Madagascar Tire Material Market Imports from Major Countries |
8 Madagascar Tire Material Market Key Performance Indicators |
8.1 Percentage of locally sourced raw materials used in tire material production |
8.2 Adoption rate of sustainable tire material technologies in the market |
8.3 Number of tire material research and development collaborations between industry players and academic institutions |
9 Madagascar Tire Material Market - Opportunity Assessment |
9.1 Madagascar Tire Material Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Madagascar Tire Material Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
10 Madagascar Tire Material Market - Competitive Landscape |
10.1 Madagascar Tire Material Market Revenue Share, By Companies, 2025 |
10.2 Madagascar Tire Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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