Tire Curing Press Machine Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

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Tire Curing Press Machine Market - Global
Industry Insight, Trends, Outlook, and
Opportunity Analysis 2018-2026

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REPORT DESCRIPTION
Tire Curing Press Machine Market Overview
Tire curing press machine is a machine used for
giving a final shape to green tires by applying
pressure. The machine generates heat that
stimulates chemical reaction between rubber and
other materials. Tire curing press machine offers
several advantages such as precise control and
maximum efficiency, quick bladder change, reduced
mould damage, increased bladder life, ease of
maintenance, and increased productivity of
tires. Increasing demand for green tires, owing
to emission control is one of the major factors
driving growth of the market Increasing demand
for green tire owing to emission control is one
of the major factors driving growth of the global
tire curing press machine market. Use of green
tire in vehicles offer low rolling resistance and
improved fuel efficiency, which further helps in
decreasing emission from the vehicle. Therefore,
such advantages of green tires is further
expected to increase production of green tires in
the near future. This factor in turn is expected
to inadvertently increase demand for tire curing
press machine. Furthermore, tire curing press
machine does not require regular maintenance,
which helps to reduce overall operational and
maintenance cost. Therefore, all these factors
contribute to growth of the tire curing press
machine market over the forecast period.
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REPORT DESCRIPTION

• Tire Curing Press Machine Market Taxonomy
• By Product Type
• Mechanical Curing Press Machine
• Hydraulic Curing Press Machine
• Hybrid Curing Press Machine
• By Application
• Ordinary Tire
• Radical Tire
• By Region
• North America
• Europe
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REPORT DESCRIPTION
Tire Curing Press Machine Market Regional
Insights The global tire curing press machine
market in Europe accounted for the largest market
share in 2017, and expected to retain its
dominance over the forecast period. This is owing
to the presence of key manufacturers such as
Lanxess, Evonik Industries AG, Continental Tire
AG in the region, especially in Germany.
Moreover, stringent government rules and
regulation for reducing greenhouse emission from
vehicles is one of the major factors responsible
for increasing production of green tire in
Europe. For instance, in April 2009, the European
government passed EU Regulation No 443/2009,
which states that an average CO2 emission for new
passenger cars is 130 grams per kilometer and is
expected to be reduced to 95 grams per kilometer
by 2021. The global tire curing press machine
market in Asia Pacific is expected to witness
significant growth with highest CAGR over the
forecast period. This is owing to investments by
key players in the region for increasing
production of green tires. For instance, in
January 2017, according to the press release of
Continental AG, the company invested US 289.63
million to start a new plant in Thailand. The
plant manufactures green tires for passenger cars
and light-weight trucks. Such investments are
expected to propel growth of the global tire
curing press machine market in Asia Pacific.. To
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