The global tire market was worth 3.1 Billion Units in 2018, growing at a CAGR of 4.3% during 2011-2018. A tire surrounds a wheel’s rim to transfer the vehicle’s load on the surface and offers a strong grip between the road and the vehicle. It is a flexible and robust structure that is manufactured using various materials such as wire, fabric,...
Market Overview The market for carbon black is expected to grow at a CAGR of 4.36% during the forecast period of 2019 - 2024. Major factors driving the market studied are increasing demand from the tire industry in North America and Asia-Pacific and increasing market penetration of specialty carbon black. Substitution by...
In 2018, global automobile market encountered its first downturn for the five years. Global automobile production edged down 1.7% on an annualized basis due to weak demand and political rivalries among great powers, of which passenger car declined by 4.1% and commercial vehicle rose 5.5%. The Chinese automobile market showed negative growth...
The market demand for tire molds which are consumables is positively correlated with tire output. From 2012 to 2016, the demand for tire mold remained sluggish, arising from a slowdown in growth rate of Chinese tire market. The tire market began to rebound in 2017, being a boon for the market growth of tire molds whose the year-2017 output...
Saudi Arabia Tire Market By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, and Two-wheeler), By Radial Vs Bias, By Online vs Offline Sales Channel, Competition, Forecast & Opportunities, 2014 – 2024 Saudi Arabia tire market stood at around $ 2014 million in 2018 and is forecast to grow at a CAGR of over 6.4%, to cross...
France Advanced Tires Market By Vehicle Type (On-Highway & Off-Highway), By Technology (Chip-Embedded Tires, Self-Inflating Tires, TPMS & Multi Chambered Tires), By Tire Type (Run-Flat, Airless & Pneumatic), By Material Type, Competition, Forecast & Opportunities, 2024 France advanced tires market is projected to grow...
About this market ATV tires cannot be replaced by other types of tires, because there are no substitutes for ATV tires. They have unique tread designs, grooves, tread depths, which make them stand apart from other tires. Owing to advantages of tire design and manufacturing technology are further raising ATV tire manufacturing...
About this market The emergence of automotive all-season tires as a short-term cost-effective solution will drive the market growth during the forecast period. All-season tires are finding high demand among the consumers due to their all-round performance, reliability, and durability. In addition, these tires often...
Trends, opportunities and forecast in recovered carbon black market to 2024 by application (tire, non-tire rubber, and others), by end use industry (transportation, industrial, building and construction, printing and packaging, and others), by grade (commodity and specialty) and by region (North America, Europe, Asia Pacific, and the Rest...
About this market The government mandates on the use of winter tires are one of the key factors that will drive global automotive winter tire market growth. Winter tires are specially designed to work in extreme winter conditions such as snowfall and hail storm. It offers an extra level of safety and comfort while driving...