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Tire Precipitated Silica Industry & Markets 2020

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Tire Precipitated Silica Industry & Markets 2020 Confidential Report Rubber Chemical Consultants Ltd Tire Precipitated Silica Industry & Markets 2020 (3rd Edition) Page 1 of 111 Report Number: RCCL204 Issue Date: 30th October 2020 Company1: 1 This report is licensed for use within the designated company only. Distribution of this report, either fully or partially, outside of the designated company is strictly prohibited. Rubber Chemical Consultants Ltd | Office 7, 35-37 Ludgate Hill, London, EC4M 7JN. UK Registered Company, no: 06863349 The statements, opinions and/or recommendations contained herein are based on information believed to be reliable. However, Rubber Chemical Consultants Ltd makes no warranty or guarantee of accuracy or completeness in connection therewith, nor, with respect to any proposed application or course of action. Information included in this report is Confidential and shall not be copied, unless otherwise designated in the report or by written permission from Rubber Chemical Consultants Ltd. © Rubber Chemical Consultants Ltd 2018. Page 2 of 111 Rubber Chemical Consultants Ltd RCCL204 th Tire Precipitated Silica Industry & Markets 2020 30 October 2020 Tire Precipitated Silica Industry & Markets 2020 1 CONTENTS 2 Executive Summary ............................................................................................................................... 9 2.1 Scope ............................................................................................................................................. 9 2.2 Objectives...................................................................................................................................... 9 2.3 Market Drivers ............................................................................................................................ 10 2.4 Market Demand .......................................................................................................................... 11 2.5 Market Values ............................................................................................................................. 13 2.6 Industry Outlook ......................................................................................................................... 15 3 Introduction ........................................................................................................................................ 17 3.1 Definitions, Abbreviations and Nomenclature ........................................................................... 17 3.2 Scope ........................................................................................................................................... 19 3.3 Objectives.................................................................................................................................... 19 3.4 Information Sources .................................................................................................................... 20 3.5 Assumptions ................................................................................................................................ 20 4 Methodology ....................................................................................................................................... 21 4.1 General Reporting Principles ...................................................................................................... 21 4.2 Consumer-Up Analysis ................................................................................................................ 21 4.2.1 Key Parameters ................................................................................................................... 22 4.2.2 Consumer Plant Parameters ............................................................................................... 22 4.2.3 Product Technology Parameters ......................................................................................... 22 4.2.4 Market Parameters ............................................................................................................. 23 4.3 Market Volumes for Tire Chemicals ............................................................................................ 25 4.3.1 Consumer-Up Analysis ........................................................................................................ 25 4.3.2 Tire Parameters ................................................................................................................... 27 4.3.3 Tire Utilisations ................................................................................................................... 27 4.3.4 Reported Values .................................................................................................................. 29 4.4 Market Values for the Tire Segment ........................................................................................... 30 4.4.1 Regional Valuations ............................................................................................................. 30 4.5 Data Validation............................................................................................................................ 30 Rubber Chemical Consultants Ltd | Office 7, 35-37 Ludgate Hill, London, EC4M 7JN. UK Registered Company, no: 06863349 The statements, opinions and/or recommendations contained herein are based on information believed to be reliable. However, Rubber Chemical Consultants Ltd makes no warranty or guarantee of accuracy or completeness in connection therewith, nor, with respect to any proposed application or course of action. Information included in this report is Confidential and shall not be copied, unless otherwise designated in the report or by written permission from Rubber Chemical Consultants Ltd. © Rubber Chemical Consultants Ltd 2018. Page 3 of 111 Rubber Chemical Consultants Ltd RCCL204 th Tire Precipitated Silica Industry & Markets 2020 30 October 2020 5 Industry Overview ............................................................................................................................... 31 5.1 Raw Materials ............................................................................................................................. 31 5.2 Manufacturing Process ............................................................................................................... 31 5.3 Manufacturing Landscape ........................................................................................................... 32 5.4 Key Market Segments ................................................................................................................. 34 6 Manufacturers .................................................................................................................................... 35 6.1 Key Manufacturers ...................................................................................................................... 35 6.2 Recent & Future Capacity Changes ............................................................................................. 36 6.3 Manufacturing Capacities ........................................................................................................... 37 6.3.1 Global .................................................................................................................................. 37 6.3.2 Regional ............................................................................................................................... 38 6.3.3 Country ................................................................................................................................ 39 6.4 Financial Analysis ........................................................................................................................ 42 6.4.1 Global Manufacturers ......................................................................................................... 42 6.4.2 Chinese Manufacturers ....................................................................................................... 43 6.5 Manufacturing Developments .................................................................................................... 45 6.6 Product Developments ............................................................................................................... 46 6.6.1 Historic Developments ........................................................................................................ 46 6.6.2 Current Landscape .............................................................................................................. 46 6.6.3 Future Developments ......................................................................................................... 49 7 Quantitative Market Drivers ............................................................................................................... 50 7.1 Tire Production by Type .............................................................................................................. 50 7.1.1 Non-Commercial Vehicle Tires ............................................................................................ 50 7.1.2 Commercial Vehicle Tires .................................................................................................... 52 8 Qualitative Market Drivers .................................................................................................................. 53 8.1 Historical Perspective .................................................................................................................
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