Market Highlights: Tire mold is the process of applying pressure to the green tire in a mold in order to give the final shape to the tire by heat energy to stimulate the chemical reaction between the rubber compounds and other materials. Increasing sales of vehicles supplementing the growth of tire mold industry. In addition, increasing demand from industrial, agricultural, aviation, and other industries expected to drive the demand for tire mold market. The market study is being classified by Type (Segmented Molds and Two-Piece Molds), by Application (Passenger Car Radial Tires (PCR), Truck & Bus Radial Tires (TBR), Off-The-Road Tires (OTR) and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Tire Mold are Anhui McgillMould Co., Ltd. (China), Himile Mechanical Science & Technology (Shandong) Co., Ltd. (China), Greatoo Intelligent Equipment Inc. (China), Anhui Wide Way Mould Co., Ltd. (China), Qingdao Yuantong Machinery Co., Ltd. (China), HERBERT Maschinen- und Anlagenbau GmbH & Co. KG (Germany), King Machine (United States), Shinko Mold Industrial Co., Ltd. (Thailand), MK Technology Corp (South Korea) and Dahmen GmbH (Germany).
February 2018, OPEN MIND Technologies AG CAD/CAM solution provider based in Germany, launch hyper MILL CAM suite which offers the wide range of highly efficient special functions for economic machining and reliable programming and of tire molds.
Key Questions Answered in the Report What will the Tire Mold Market size and the growth rate be in Future? What are the key factors driving the Tire Mold Market? What are the key market trends and macro-economic impacting the growth of the Tire Mold Market? What are the challenges to market growth? Who are the key vendors in the Tire Mold Market? What are the market opportunities and threats faced by the vendors in the Tire Mold Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Tire Mold Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tire Mold market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tire Mold market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tire mold Manufacturer, Tire molds Distributors and suppliers, Raw Material Suppliers, Market Research and Consulting Firms, Investors and Venture Capitalists, Business Intelligence Providers, Government agencies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.