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,...
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...
About this market The growing demand for two-wheelers across the globe will drive the market growth during the forecast period. Various emerging economies have witnessed considerable rise in the sales of two-wheelers, in turn, positively impacting the two-wheeler tire market growth during the forecast period. Furthermore,...
This tire materials market research analysis on the global tire materials market delivers a ten year forecast of the tire materials market for the forecast period 2018-2028. To evaluate the market value of Tire Materials, the analyst considered FY2017 as the base year and market values have been determined by keeping in mind the trends, driving...
The report on the global tire pressure monitoring system market provides qualitative and quantitative analysis for the period from 2016 to 2024. The report predicts the global tire pressure monitoring system market to grow with a CAGR of 5.7% over the forecast period from 2018-2024. The study on tire pressure monitoring...
China’s demand for Rubber Processing Chemicals has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
China’s demand for Tires has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
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...
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...