Market Size (2018)
2018
$1.23B
Equipment & Machinery
Tire Curing Press Market
By Segment, By Region, And Segment Forecasts, 2018 – 2030
Vertical: IAEBase Year: 202212 Sections
Executive Summary
Tire Curing Press Market — Snapshot
Projected (2030)
2030
$1.71B
CAGR (2018–2030)
2.8%
2.8%Key Players
57+
The global tire curing press market has witnessed significant growth in recent years, driven by the expanding automotive industry and the increasing demand for high-performance tires across the globe. A tire curing press is a crucial piece of equipment used in the tire manufacturing process to shape and vulcanize tires, giving them their final shape, strength, and durability. The global tire curing press market is poised for significant growth in the coming years, driven by factors such as increased transportation activities, technological advancements, and the need for efficient and sustainable solutions.
Based on type, the Global tire curing press market has been segmented into mechanical, hydraulic, and hybrid. In 2022, the mechanical segment of the Global tire curing press market is expected to drive the market by holding a substantial market share with a market value of USD 585.7 million. It is projected to register the highest 3.7% CAGR among the Type segment during the projected period.
Based on mold, the Global tire curing press market has been segmented into a two-piece mold and segmental mold. In 2022, two-piece mold segments led the market with substantial market shares. The target segment is projected to offer a total incremental opportunity of USD 228.5 million during the forecast period.
Based on application, the Global tire curing press market has been segmented into PCR, TBR, 3-wheeler, and 2-wheeler. The PCR segment is anticipated to drive the Global tire curing press market throughout the forecast period. The target segment is anticipated to offer a total incremental opportunity of USD 197.1 million by the end of 2030.
Key Insight
The Tire Curing Press Market market is projected to grow at a CAGR of 2.8% from 2018 to 2030.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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What this report covers
- Geographic Coverage: This analysis covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, South America.
- Market Segmentation: The market is analyzed across 3 segments: Mechanical, Hydraulic, Hybrid. Forecasts are provided for each segment from 2018 to 2030.
- Competitive Landscape: 57 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Tire Curing Press Market — Growth Trajectory
The global tire curing press market refers to the worldwide industry involved in the manufacturing and distribution of tire curing presses. Tire curing presses are specialized machines used in the tire manufacturing process to shape and cure the rubber compound into the final tire shape. The market encompasses various types of tires curing presses, including hydraulic presses, mechanical presses, and hybrid presses. These machines apply heat and pressure to the green tire, allowing the rubber to vulcanize and cure, resulting in a durable and road-worthy tire. The global tire curing press market comprises manufacturers, suppliers, distributors, and end-users across different regions of the world. It is driven by the demand for tires in the automotive industry, as well as the growth of the tire manufacturing sector in emerging economies.
Tire Curing Press Market — Growth Trajectory
Mechanical
Hydraulic
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View Subscription PlansMarket Dimensions
How this market is segmented
- By TYPE By TYPE is broken down into: Mechanical, Hydraulic, Hybrid.
- By Mold By Mold is broken down into: Two-piece mold, Segmental mold.
- By Application By Application is broken down into: PCR, TBR, 3-wheeler, 2-wheeler.
Geographic Analysis
Regional market breakdown
- North America North America market size reached $273.10M in 2018 and is projected to reach $342.70M by 2030, growing at a CAGR of 1.9%.
- Europe Europe market size reached $308.90M in 2018 and is projected to reach $376.60M by 2030, growing at a CAGR of 1.7%.
- Asia Pacific Asia Pacific market size reached $405.90M in 2018 and is projected to reach $639.00M by 2030, growing at a CAGR of 3.9%.
- Middle East and Africa Middle East and Africa market size reached $128.00M in 2018 and is projected to reach $191.80M by 2030, growing at a CAGR of 3.4%.
- South America South America market size reached $118.00M in 2018 and is projected to reach $159.40M by 2030, growing at a CAGR of 2.5%.
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View Subscription PlansResearch Methodology
Tire Curing Press Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2022
Historical Period
2018 – 2022
Forecast Period
2022 – 2030
Primary Interviews
150+
Research Process
Historical data (2018–2022) and forecast period (2022–2030)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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View Subscription PlansCompetitive Landscape & Porter's Five Forces
Tire Curing Press Market — Competitive Analysis
Threat Of New Entrants
The global tire curing press market consists of players with a commendable market share. Technological advancements and innovation require high capital investments, resulting in limited entry of new players into the global tire curing press market. Companies with sophisticated R&D centers have already been functioning in this field. The cost incurred in training engineers to provide quality tire curing press is expected to remain moderate, while the technological complexity and the technical expertise remain moderate. Thus, considering all the factors mentioned above, it is estimated that the threat of new entrants will be moderate in the current and next few years of the global tire curing press market.
Bargaining Power Of Suppliers
The suppliers provide raw materials such as rubber, steel, iron, and others. The presence of raw materials suppliers is wide, which restricts the bargaining power of suppliers. However, the demand for raw materials to manufacture the tire curing press is moderate as they must be produced while maintaining the highest manufacturing standards to achieve the required working efficiency in extreme working conditions.
Most tire curing press manufacturers procure these components in high quantities, further restricting suppliers' bargaining power. However, the tire curing press manufacturing companies cannot easily switch suppliers due to the risks involved in the unavailability of obtaining the required quantity and quality of materials from new suppliers on time, which increases the switching cost. Hence, these manufacturers tend to have long-term contracts with their suppliers. Thus, the bargaining power of suppliers in the global tire curing press market is low.
Threat Of Substitutes
The tire curing press has no substitutes to match their technical specifications and features while performing critical operations. Moreover, the tire curing press allows to give a tire its final shape and tread pattern. Curing is the process of applying pressure to the green tire in a Mold to give it its final shape and applying heat energy to stimulate the chemical reaction between the rubber compounds and other materials. which no other medium can provide. Thus, the threat of substitutes in the tire curing press market is expected to be moderate.
Bargaining Power Of Buyers
The bargaining power of buyers is estimated to be low because several players are operating in this segment and providing technologically complex systems and solutions. The deployment cost of the tire curing press is relatively high, resulting in limited utilization. Buyers' concentration is considered moderate because of the high costs incurred in purchasing. Additionally, the market has witnessed a moderate availability of technological substitutes, conducting various optional services. This ensures buyers have the freedom to make the purchase decision by analyzing the demand for tire curing press and their income status.
Intensity Of Rivalry
The market has witnessed advancements related to products and technology through product innovation and collaborations. This has resulted in moderate market growth, leading to limited product differentiation. Additionally, the market has witnessed changes in the demand for products and systems, which has helped the market players to retain their share across the region. However, the players in this market range from regional to global giants. Hence, the market for tire curing press would remain fragmented, with a few large and medium players. Mergers & acquisitions with minor or medium-scale companies for restricted access are the key strategies of prominent players in the market competition. Thus, considering all the above facts, the intensity of rivalry amongst the regional players is estimated to be high.
Quantitative Analysis
Regional Breakdown
Regional market breakdown for Tire Curing Press Market.
Regional Market Size (USD Mn)
Market estimates by geography (2030)
USD Mn
InsightAsia Pacific leads with $639.00M by 2030.
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View Subscription PlansRegional Market Data
| REGION | 2018 | 2022 | 2030 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $273.10M | $276.90M | $342.70M | 1.9% | 20% |
| Europe | $308.90M | $313.20M | $376.60M | 1.7% | 22% |
| Asia Pacific | $405.90M | $457.00M | $639.00M | 3.9% | 37% |
| Middle East and Africa | $128.00M | $140.70M | $191.80M | 3.4% | 11% |
| South America | $118.00M | $124.40M | $159.40M | 2.5% | 9% |
| Total | $1.23B | $1.31B | $1.71B | 2.8% | 100% |
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View Subscription PlansSegment Revenue (2030)
Mechanical
Hydraulic
Hybrid
0212425637849
Segment Market Share
- Mechanical45%
- Hydraulic37%
- Hybrid18%
Total Market Size
$1.71B
Market by Segment (2030)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Mechanical | $771.10M | 2.8% | 67% |
| Hydraulic | $637.60M | 2.8% | 60% |
| Hybrid | $300.70M | 2.8% | 53% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytics
Tire Curing Press Market — Key Findings
Analytical insights on Tire Curing Press Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Tire Curing Press Market market is projected to reach $1.71B by 2030, growing at 2.8% CAGR. The Mechanical segment holds the largest share.
Market Dynamics
The Global Tire Curing Press market growth is expected to be driven by key factors such as growing automotive aftermarket globally. However, factors such as the cyclic nature of the automotive industry is expected to restrict market growth. On the other hand, rising technological advancements in the tire curing press will pose lucrative opportunities for the Global Tire Curing Press market in the forecast period.
Market Drivers
The increasing use of rubber additivities globally will support the tire curing press market growth during the forecast period. Rubber additives are ingredients that are added to synthetic or natural rubber to produce desired properties. Rubber additives help to improve the durability of rubber and its resistance to heat, sunlight, mechanical stress, and other environmental factors. The demand for rubber additives is estimated to increase owing to their high demand from the non-tire applications. The recovering automotive industry and resuming of other rubber-based industries globally is expected to drive the market studied in near future. Increasing use of rubber additives to improve tire performance and wear resistance has escalated the demand for rubber additives. As tires are one of the major applications in the rubber industry, rising initiatives in the tire industry by several countries are likely to drive the market growth. For instance, the China Rubber Industry Association (CRIA), which has issued new industry development guidelines for the years 2021 to 2025. The guidelines set goals such as in production, technology upgrades and energy consumption for a range of segments. -54,000 units’ aircraft tire, of which 15% are China-made. Such factors will augment the tire curing press market growth over the projected timeline.
Market Opportunities
The rising technological advancements in the tire curing press will pose lucrative opportunities to boost the market growth over the projected timeline. Companies operating in the market are focusing to bring modern technologies in the tire curing press systems. For instance, Uzer Makina launched its new Cross-Placed Floating Column Hydraulic Press. The new design is applicable to PCR and TBR tires and offers a brand-new option (over frame type) for TBR hydraulic presses. The cross-placed curing press is more compact than the previous iteration and has all the advantages of floating column technology, including simple design, low energy consumption and easy maintenance. The cross-placed curing press design enables tire manufacturers to use the curing press area at least 12% more efficiently – tire producers would be able to place 112 curing presses in an area that was previously large enough for 100 machines. Floating column technology provides fully automatic mold height adjustment and therefore eliminates the need for conventional mold height adjustment systems. The technology features two squeezing cylinders under the column on both sides of each cavity. Another advantage of this system is a reduction of energy requirements. The location of the squeezing cylinders offers further benefits – they are located away from the heat generation area, as well as being easily accessible for maintenance purposes. Floating column technology also provides a cost reduction due to the elimination of unnecessary components. Such factors will further fuel the tire curing press market growth during the forecast period.
Market Restraints
The automobile industry is a highly cyclical one, i.e., an economic boom is generally accompanied by high sales in the automobile industry, while sales usually suffer during economic downturns (let alone recessions). Both the passenger vehicle (PV) and commercial vehicle (CV) sub-segments are largely influenced by changes in economic growth. The correlation between sales of the industry and GDP is extremely high. Sales are similarly tied to the level of consumer confidence and to people’s spending power. This is due to the generally high investment involved with the purchase of a new vehicle. A downturn in the economy will tend to encourage consumers to delay the purchase of a new vehicle unless replacement of a currently owned vehicle is essential. For auto manufacturers, the ideal set of circumstances is for the economy to be conducive to consumer spending around the time of year that the new models roll off the assembly line. If the business cycle does not indicate a high probability that consumers will be in the mood to purchase new vehicles, a manufacturer may limit production until market indicators appear to forecast an upturn in consumer demand a little later than usual. This has resulted in lower production of tyres need for automobiles. Such factor will negatively affect global tire curing press the market growth over the next few years.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Market Value by Segment (2030)
Value (USD Mn)
Mechanical
Hydraulic
Hybrid
Companies
Key companies profiled in Tire Curing Press Market
Profiles of 57 companies operating in the Tire Curing Press Market market, including revenue, employee count, and market positioning where available.
Showing 57 of 57 companies
Uzer Makin
Uzer Makina
Equipment & Machinery
Company Headquarters: Kocaeli, Turkey Founded: 1978 Workforce: ~ 4,500 Company Working: Uzer Makina is a Turkish company that manufactures tire curing presses and molds. Uzer Makina is one of the leading suppliers of tire curing presses and molds to the global tire industry. Other than tire curing presses business, the company operates its business in tire curing presses, tire curing press spare parts and maintenance, tire curing molds spare parts and maintenance. The company’s product tire curing presses are able to vulcanize tires of all sizes, including passenger car tires, truck tires, and aircraft tires. The company's products are used by some of the world's leading tire manufacturers, including Michelin, Bridgestone, and Goodyear. Uzer Makina is committed to providing its customers with high-quality products and services. The company has its sales and service network in over 40 countries. The company has a strong focus on research and development, and it is constantly investing in new technologies. Uzer Makina has a number of subsidiaries, including Uzer Mold, Uzer USA, and Uzer India.
RevenueN/A
Employees4,500
Market CapN/A
Founded1977
Kocaeli, Turkey
Greatoo In
Greatoo Intelligent
Equipment & Machinery
Company Headquarters: Guangdong China Founded: 2001 Workforce: ~1,500 Company Working: Greatoo Intelligent Equipment Inc. develops and manufactures industrial robots, CNC machine tools, intelligent production lines, tire molds, and tire curing presses. The company focuses on developing and providing solutions for various industries, including automotive, electronics, medical, and consumer goods. The company offers a range of products and services, such as industrial robots, automated production lines, precision machinery, and intelligent control systems. Their solutions aim to improve efficiency, reduce costs, and enhance productivity in manufacturing processes. The company has a strong research and development team that is constantly working to develop new technologies and products. The company has several patents for its products and technologies. Moreover, the company has a number of subsidiaries, including Northeast Tire Mold Inc., Guangdong Boxing Industrial Co., Ltd., Guangdong Juou Cloud Control Technology Co., Ltd., Greatoo (India) Private Co., Ltd., and Greatoo (Guangzhou) Intelligent Technology Research Institute Co., Ltd.
RevenueN/A
Employees1,500
Market CapN/A
Founded2000
Guangdong China
Rogers Ind
Rogers Industrial Products
Equipment & Machinery
Company Headquarters: Ohio, United States Founded: 1951 Workforce: ~ 50 Company Working: Rogers Industrial Products is a world leader in the supply of both new and rebuilt tire curing presses, press components and replacement parts. Rogers is recognized around the world for manufacturing tire curing presses of unmatched performance through the use of advanced technology and specialized engineering. Rogers has rebuilt over 300 tire presses for scores of tire plants throughout the world. The company’s M-Class Tire Curing Press, sized for up to 52” molds is the direct replacement for conventional vintage tilt-back mechanical presses. The H200T Hydraulic Tire Curing Press features leak-proof hydraulics, fewer parts, no structural welds, and an efficient load-shape-and-squeeze design. The company’s reconditioning services are the most extensive, value-added, and detail-oriented available: Rebuilds for all press sizes and models, including tire presses, retread presses, and air spring presses. The company has strong presence in North America, with an evenly strong distribution network across the world.
RevenueN/A
Employees50
Market CapN/A
Founded1950
Ohio, United States
Specific E
Specific Engineering Corporation
Equipment & Machinery
Company Headquarters: Mumbai, India Founded: 2007 Workforce: ~ 30 Company Working: Specific Engineering Corporation manufactures Capital Equipment for Tyre, Tube, Rubber, Cement, Steel, Chemical Foundry and Allied Industries. The company’s credibility has helped the company to grow at the rate of 200% per annum. The company’s products range from the smallest tire building machine, Bag-o-matic Tire Curing Presses to the highly sophisticated Inner Tube splicers. The company’s new range of comprehensive splicing machine is universally acclaimed as the most advance system in the world. The other range of products also stands out for their quality and grace. The company has strong presence and distribution network in India.
RevenueN/A
Employees30
Market CapN/A
Founded2006
Mumbai, India
HERBERT Ma
HERBERT Maschinenbau GmbH & Co. KG
Equipment & Machinery
Company Headquarters: Hünfeld, Germany Founded: 1905 Workforce: ~400 Company Working: HERBERT Maschinenbau GmbH & Co. KG operates in the Machinery industry and has a Long-Standing experience in the development, construction, and manufacture of tire curing presses of all types and sizes. The customer can obtain everything for the vulcanization of tires from one source. Mechanical tire curing presses are part of HERBERT’s range of products as well as different types of hydraulically driven presses for passenger car and motorcycle tires up to truck and airplane tires. Necessary accessories for the vulcanization, like for example tire molds and mold containers can certainly also be obtained from HERBERT. Post Cure Inflators (PCI) as well as bladder presses and molds complete the company’s range of products. HERBERT has been offering innovative solutions for the economical manufacture of tires of all kinds since 1905. The company has four production sites across North America and Europe, and Co-operation partner in North America and South America.
RevenueN/A
Employees400
Market CapN/A
Founded1904
Hünfeld, Germany
Harburg-Fr
Harburg-Freudenberger Maschinenbau GmbH
Equipment & Machinery
Company Headquarters: Hamburg, Germany Founded: 1855 Workforce: ~ 1,000 Company Working: Harburg-Freudenberger Maschinenbau GmbH is a German engineering company that specializes in providing machinery and equipment solutions for the rubber and tire industry. Through acquisition of the Farrel Corporation (US/UK) and the Pomini-Mixing Technology (Italy), the HF GROUP has risen to its position as a global player within the tire industry. With over 170 years of experience, HF has developed extensive expertise in designing, manufacturing, and servicing a wide range of machinery and systems used in rubber processing and tire production. HF offers a comprehensive portfolio of machinery and equipment that caters to various stages of the rubber manufacturing process. The company’s product range includes internal mixers, extruders, calenders, tire building machines, curing presses, and other auxiliary equipment. These solutions are designed to optimize efficiency, enhance quality, and improve productivity in rubber and tire production facilities.
RevenueN/A
Employees1,000
Market CapN/A
Founded1854
Hamburg, Germany
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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Tire Curing Press Market
Starting from
$4,950