Global Tire Curing Press Market
Market Size in USD Billion
CAGR :
% 
USD
1.29 Billion
USD
1.87 Billion
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 1.29 Billion |
 Market Size (Forecast Year) |
USD 1.87 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Tire Curing Press Market Segmentation, By Type (Mechanical, Hydraulic, Hybrid, and Others), Mold (Two-Piece Mold and Segmental Mold), Vehicle Type (Passenger Vehicles and Commercial Vehicles), Application (Radical and Ordinary Tire) - Industry Trends and Forecast to 2032
Tire Curing Press Market Size
- The global tire curing press market size was valued at USD 1.34 billion in 2024 and is expected to reach USD 1.85 billion by 2032, at a CAGR of 4.10% during the forecast period
- This growth is driven by factors such as the expanding automotive industry, increasing demand for durable and high-performance tires, technological advancements in tire manufacturing, stringent environmental regulations, and rising investments in tire manufacturing facilities
Tire Curing Press Market Analysis
- The latest method gaining traction is the use of digital and smart curing presses, which incorporate IoT (Internet of Things) technology for real-time monitoring and automation. This integration enhances production efficiency, reduces energy consumption, and improves product quality.
- Moreover, manufacturers are increasingly adopting advanced materials such as high-strength steel and composites in the construction of curing presses to enhance durability and performance
- Asia-Pacific is expected to dominate the tire curing press market due to advanced healthcare infrastructure and increasing demand for eye surgeries
- Europe is expected to be the fastest growing region in the tire curing press market during the forecast period due to presence of major automotive manufacturing hub
- Mechanical curing press segment is expected to dominate the market with a market share of 39.7% due to its preferred for manufacturing ordinary and radial tires due to their robust structure and ease of operation, widely adopted in developing regions where cost considerations and simplicity of maintenance are crucial, and cost-effective and reliable, making them ideal for high-volume production
Report Scope and Tire Curing Press Market Segmentation
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Attributes |
Tire Curing Press Key Market Insights |
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Segments Covered |
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Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. |
Tire Curing Press Market Trends
“Technological Advancements and Integration of Industry 4.0”
- The tire curing press market is witnessing significant technological advancements, including the integration of automation, robotics, and Industry 4.0 technologies such as IoT and data analytics
- These innovations enable real-time monitoring, predictive maintenance, and data-driven decision-making, enhancing production efficiency and reducing operational costs
- For instance, Cima Impianti S.p.A. introduced the Ecoline press range in March 2024, offering enhanced control, durability, and adaptability for tire retreading processes
- The adoption of these technologies aligns with the broader shift towards smart manufacturing and Industry 4.0, presenting significant growth potential for manufacturers who can effectively harness these innovations
Tire Curing Press Market Dynamics
Driver
“Rising Automobile Production”
- The tire curing press market is experiencing growth due to the increasing production of automobiles, which directly impacts the demand for tires
- According to the European Automobile Manufacturers' Association (ACEA), global automobile production reached 85.4 million units in 2022, marking a 5.7% increase from 2021
- This surge in automobile production necessitates the use of advanced tire curing presses to produce high-quality, durable tires efficiently
- The growth in automobile production is fueled by technological advancements, rising consumer demand, globalization of automotive markets, infrastructure investments, and supportive government policies
Opportunity
“Development of Smart and Automated Curing Press Systems”
- The integration of IoT, AI, and machine learning technologies into curing presses enables real-time monitoring, predictive maintenance, and data-driven decision-making, enhancing production efficiency and reducing operational costs
- This trend aligns with the broader shift towards Industry 4.0 and smart manufacturing, presenting significant growth potential for manufacturers who can effectively harness these technologies
- Manufacturers that can offer sustainable solutions are likely to gain a competitive edge in the market, attracting customers who prioritize environmental responsibility and cost savings
Restraint/Challenge
“High Initial Investment Costs”
- The adoption of advanced tire curing press systems involves substantial capital investment, which can act as a barrier for small and medium-sized tire manufacturers
- While automation and advanced technologies offer significant benefits in terms of efficiency and quality, the upfront costs can be prohibitive for some manufacturers
- This financial barrier may limit market penetration and slow the adoption of new technologies, particularly in regions with limited access to capital or where labor costs are comparatively low
- Additionally, the rapidly evolving technological landscape poses a challenge for manufacturers to keep pace with innovation and continuously upgrade their equipment to remain competitive
Tire Curing Press Market Scope
The market is segmented on the basis type, mold, vehicle type, and application.
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Segmentation |
Sub-Segmentation |
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By Type |
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By Mold |
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By Vehicle Type |
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By Application |
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In 2025, the mechanical curing press is projected to dominate the market with a largest share in type segment
The mechanical curing press segment is expected to dominate the tire curing press market with the largest share of 39.7% in 2025 due to its preferred for manufacturing ordinary and radial tires due to their robust structure and ease of operation, widely adopted in developing regions where cost considerations and simplicity of maintenance are crucial, and cost-effective and reliable, making them ideal for high-volume production.
The Hydraulic Curing Press is expected to account for the largest share during the forecast period in type market
In 2025, the hydraulic curing press segment is expected to dominate the market with the largest market share due to its utilize hydraulic systems to apply consistent pressure during the curing process, resulting in high-quality tires with uniform characteristics, ability to handle complex tire designs and materials enhances their appeal, and particularly favored by large-scale manufacturers who prioritize quality and efficiency in their production processes.
Tire Curing Press Market Regional Analysis
“Asia-Pacific Holds the Largest Share in the Tire Curing Press Market”
- The region's dominance is attributed to the presence of major automotive manufacturing hubs in countries such as China, India, Japan, South Korea, and Thailand
- China, in particular, holds a significant revenue share, contributing to the region's leading position
- Rapid industrialization and urbanization have led to increased demand for automobiles, thereby driving the need for tire manufacturing equipment
- Government initiatives promoting industrial efficiency further influence tire curing press market opportunities in the region
“Europe is Projected to Register the Highest CAGR in the Tire Curing Press Market”
- Europe is projected to be the fastest-growing region in the tire curing press market during the forecast period
- Countries such as Germany, France, Italy, and the U.K. are leading in adoption and innovation of tire manufacturing technologies
- The region's emphasis on sustainability and energy efficiency has propelled the utilization of eco-friendly tire curing solutions
- The deployment of hybrid curing presses that combine mechanical and hydraulic systems is gaining traction, offering flexibility across various tire types
- Strategic collaborations and technological advancements are contributing to the region's rapid growth in the tire curing press market
Tire Curing Press Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- LARSEN & TOUBRO LIMITED (India)
- MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan)
- Harburg-Freudenberger Maschinenbau GmbH (Germany)
- McNeil & NRM Inc. (U.S.)
- Greatoo Intelligent (China)
- Alfred Herbert (India) Limited (India)
- ContiTech AG (Germany)
- Guilin Rubber Machinery Co., Ltd. (China)
- ROGERS INDUSTRIAL PRODUCTS, INC. (U.S.)
- CIMA IMPIANTI Spa. (Italy)
- LingLong Americas, Inc. Ltd. (China)
- Werth Inc (Germany)
Latest Developments in Global Tire Curing Press Market
- In May 2023, Guilin Rubber Machinery Co., Ltd. launched a comprehensive new line of rubber machinery designed to enhance various manufacturing processes. This innovative range includes advanced machines for vulcanizing, calendering, mixing, and extruding rubber. The introduction of these machines reflects Guilin's commitment to improving production efficiency and quality in the rubber industry, positioning the company as a leader in technology and machinery solutions for rubber manufacturers
- In June 2023, Greatoo Intelligent Announces New Tire Curing Press Technology. The new technology is said to be more energy-efficient and environmentally friendly than traditional tire curing presses
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Global Tire Curing Press Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Tire Curing Press Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Tire Curing Press Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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