| Product Code: ETC4479026 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Thailand tire material market, the import trend showed a notable growth rate of 9.01% from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 10.68%. This upward momentum in imports can be attributed to increasing demand for tire materials due to expanding automotive manufacturing in Thailand.
The Thailand Tire Material market is vital to the automotive industry, supplying materials like rubber, reinforcement textiles, and chemicals for tire production. With the automotive sector thriving in Thailand, the demand for high-quality tire materials is on the rise. Manufacturers in this market have the potential to support the production of safe and durable tires.
The Tire Material market in Thailand is experiencing notable growth, propelled by the country robust automotive industry and tire manufacturing activities. Tire materials, including rubber compounds, fabrics, and reinforcing agents, are essential components in the production of high-performance tires. With Thailand position as a key player in the global tire market, the tire material market is expanding, supported by innovations in material formulations and the adoption of high-quality materials that meet safety, durability, and performance standards in diverse automotive applications.
The Thailand Tire Material Market encounters challenges associated with the automotive industry evolution, including the rise of electric vehicles and the demand for sustainable materials. Manufacturers must innovate in tire material development to meet the changing needs of the automotive sector. Balancing performance, durability, and environmental considerations presents an ongoing challenge for market players.
The Thailand Tire Material market demonstrated resilience during the COVID-19 pandemic as the automotive and tire industries continued to seek high-quality materials for tire manufacturing. The demand for tire materials, including rubber compounds and reinforcements, remained steady. Challenges related to changes in automotive production influenced market dynamics. However, companies in this sector adapted by providing advanced tire material solutions and collaborating with tire manufacturers. The market showcased resilience by contributing to the production of durable and high-performance tires for various vehicles.
TireTech Materials Co., Ltd. is a key player in the Thailand Tire Material market. Specializing in the production of high-quality materials for tire manufacturing, TireTech Materials Co., Ltd. is recognized for its contributions to the performance and durability of tires. The company tire materials play a crucial role in enhancing traction, wear resistance, and overall safety in the automotive industry in Thailand.
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 Thailand Tire Material Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Tire Material Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Tire Material Market - Industry Life Cycle |
3.4 Thailand Tire Material Market - Porter's Five Forces |
3.5 Thailand Tire Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Tire Material Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Thailand Tire Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Thailand |
4.2.2 Increasing demand for eco-friendly and sustainable tire materials |
4.2.3 Technological advancements in tire material manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from imported tire materials |
4.3.3 Stringent regulations on environmental impact and waste management |
5 Thailand Tire Material Market Trends |
6 Thailand Tire Material Market, By Types |
6.1 Thailand Tire Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Tire Material Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Tire Material Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.4 Thailand Tire Material Market Revenues & Volume, By Reinforcing Fillers, 2021-2031F |
6.1.5 Thailand Tire Material Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.6 Thailand Tire Material Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.7 Thailand Tire Material Market Revenues & Volume, By Metal Reinforcements, 2021-2031F |
6.1.8 Thailand Tire Material Market Revenues & Volume, By Textile Reinforcements, 2021-2031F |
6.2 Thailand Tire Material Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Tire Material Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 Thailand Tire Material Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Thailand Tire Material Market Revenues & Volume, By Buses, 2021-2031F |
6.2.5 Thailand Tire Material Market Revenues & Volume, By LCV, 2021-2031F |
7 Thailand Tire Material Market Import-Export Trade Statistics |
7.1 Thailand Tire Material Market Export to Major Countries |
7.2 Thailand Tire Material Market Imports from Major Countries |
8 Thailand Tire Material Market Key Performance Indicators |
8.1 Research and development investment in tire material innovation |
8.2 Adoption rate of sustainable tire materials in the market |
8.3 Percentage of local tire manufacturers using advanced manufacturing technologies |
9 Thailand Tire Material Market - Opportunity Assessment |
9.1 Thailand Tire Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Tire Material Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Thailand Tire Material Market - Competitive Landscape |
10.1 Thailand Tire Material Market Revenue Share, By Companies, 2024 |
10.2 Thailand Tire Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |