You are here: / / / Global tyre-cutting machine market to total $17.35 billion by 2034

Global tyre-cutting machine market to total $17.35 billion by 2034

Author: Chris Anthony Comments: 0
Shredded tyres before being processed into pyrolysis oil by New Energy, a technology company which supplies BASF with up to 4,000 metric tonnes of tyre-derived pyrolysis oil per year (Photo: BASF)

The tyre-cutting machine market is expected to attain a valuation of US$1,316.7 million in 2024. In addition, the market is set to demonstrate a compound annual growth rate (CAGR) of 2.5 per cent between 2024 and 2034. Anticipating a total valuation of approximately US$ 1,735.5 million by 2034, the market indicates growth and encouraging opportunities within its evolving landscape, according to a new report published by Future Market Insights.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Lehigh win Circular Economy award in Davos
  2. RockTron Wins Rushlight Award
  3. TireTech introduces patented tyre examination system
  4. Vipal Machinery sales growing in the USA
Comments
Comments closed
Share this entry
Garage Hive shortlisted for CAT Award Wanli expands Guangzhou tyre production base

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.