The automotive tire market size is expected to grow at a CAGR of 6.6% from 2023 to 2033. The market is valued at US$ 503.9 Billion as of 2023, and by 2033, the market is expected to hit a valuation of US$ 958.8 Billion according to Future Market Insights.
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Tire rolling resistance is closely related to overall vehicle fuel economy or range in both ICE and electric vehicles (EVs). Currently, it is understood that rolling resistance reduction is a reliable strategy for optimizing a vehicle’s fuel economy or cruising range. Many countries, regions, and manufacturers are establishing rolling resistance targets in order to achieve greater energy savings, fulfill “green” initiatives, and reduce carbon emissions.
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Aspects of aircraft tire types, performance needs and use of graphene to improve performance are discussed
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Dow announced its launch of the world’s first recyclable silicone self-sealing tire solution. The solution has been successfully utilized in Bridgestone’s newly released B-SEALS, a recyclable tire sealant technology. With its new SiLASTIC™ SST-2650 Self-sealing Silicone, Dow is meeting self-sealing tire manufacturers’ demands for high performance and sustainability, while providing drivers and passengers with a lighter-weight, safer, and more durable solution.
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For over 120 years, the Goodyear Tire & Rubber Company has pursued sustainable, low-maintenance innovations and inventions. Partnering with Citroën continues the long-standing relationship between both brands. The new Citroën concept, Oli, is an urban pickup truck concept that explores the usage of sustainable and recyclable materials. So it is only fitting that this electric truck concept is fitted with Goodyear’s Eagle GO concept tire which also explores the usage of a range of sustainable materials in its tread compound.
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Operations in the tire pyrolysis sector, as part of the tire recycling industry, are maturing to become not recycling operations, but serious producers of high grade raw materials in the rubber supply chain, on equal footing with virgin materials.
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It is known that the oil used as a plasticizing agent in rubber compounds has historically been of petroleum origin. These oils include distillate aromatic extract (DAE), treated distillated aromatic extract (TDAE) and medium extracted solvate (MES). Since 2011, Goodyear has been investigating the utility of soybean oil (SBO) as an alternative to replace petroleum based oils. It was found that the unique structural (figure 1) and physical properties of SBO can be harnessed to provide improvements in compound processing and performance for tire applications. Since this discovery, Goodyear has developed multiple products that make use of SBO through extension in solution styrene-butadiene rubber (SSBR) and as a raw material in tire compounds. The benefits of SBO were harnessed through these avenues to create the Assurance WeatherReady tire in 2017, which is the industry’s first passenger tire to achieve full replacement of petroleum based oil with SBO in the tread.
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Traditional internal mixing techniques for natural rubber (NR) and silica leave room for improvement in achieving good polymer-filler interaction in TBR (truck and bus radial) tread compounds. Internal, solid phase mixing of NR polymer and precipitated silica is complicated by several factors.
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The sidewall typically extends from the exterior of the bead area to the shoulder of the tire. This component in a tire has three functions;
Protect the side of the tire from damage due to curbs or other foreign objects.
Due to flexing as the tire passes through its loaded footprint, it must also demonstrate fatigue and aging resistance and protect the tire casing
Via lettering on the sidewall, provide structural information (plies, belts, load carrying capacity) and other regulatory information such as place and date of manufacture, and if needed, white strips (white sidewall), raised white letters, the tire brand or model and name of the manufacturer.
The global tire materials market is projected to reach US$ 78.96 Bn by 2022, exhibiting growth at a CAGR of 4% during the forecast period according to Future Market Insights (FMI). The global tire materials market is estimated to create an incremental opportunity of US$ 99.99 Bn by the end of 2028. Shifting preference towards the production of sustainable green tires is expected to complement the growth in the market.
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