openPR Logo
Press release

Aircraft Tire Market Estimated to Expand at a Double-Digit CAGR of 4.0% through 2026

07-20-2018 02:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Aircraft Tire Market Estimated to Expand at a Double-Digit CAGR

The key role of aircraft tires in providing the proper support to the body weight of aircrafts upon landing and while being stationed on ground makes them a crucial commodity. The aerospace industry continues to witness millions of dollars in terms of investment and expenditure, of which a major part are spent on using the right set of aircraft tires. Over the years, manufacturers of aircraft tires have been struggling to meet the requirements standardized by regulatory bodies regarding the use of rubber in the production of aircraft tires. Moreover, environmental protection agencies have compelled companies to focus on recycling and reusing these tire to avoid disposing large amounts of rubber in the open.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/askus/rep-gb-6112

A recently published report by Future Market Insights reveals that the global demand for aircraft tires will witness a moderate traction in the foreseeable future. During the forecast period, 2017-2026, the global aircraft tire market is pegged to expand at a moderate CAGR of 4%. The report estimates that by the end of 2026, nearly US$ 1.9 Bn worth of aircraft tires will be sold globally. Companies manufacturing aircraft tires are expected to increase the focus on optimizing the use of rubber by reinforcing hybrid composite materials in the production. Bridgestone Corporation, Polymer Enterprises, Inc, Compagnie Générale des Établissements Michelin, and Goodyear Tire & Rubber Company are expected to be at the forefront of global aircraft tire market expansion through 2026. These companies will be observed as the leaders in the production of aircraft tires

The report reveals that the global aircraft tire market will witness a growing demand by bias ply tires. Competitive advantage of bias ply over radial ply in providing higher strength, stability and ground traction will continue to drive its demand in the future. In 2017, bias ply aircraft tires sold in the global market have brought in nearly US$ 838 Mn in global revenues. The report also reveals that majority of aircraft tires will be used for equipping the narrowbody aircrafts. By the end of 2026, narrowbody aircrafts will account for around half of the overall revenues being procured in the global aircraft tire market.

The report also reveals that aftermarket sales of aircraft tire will gain traction. By the end of 2026, almost every other aircraft tire being manufactured in the global market will be sold through aftermarkets. Meanwhile, OEMs are expected to emerge as a fast-growing sales channel in the global aircraft tire market. Manufacturers are expected to form strategic partnerships with OEMs to reap high profit margins and avoid added value loss from third-party distributors.

Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-6112

The report further reveals that sales of aircraft tires will concentered in North America. By the end of 2026, nearly US$ 600 Mn worth of aircraft tires will be sold in the US and Canada. The report further projects that the demand for aircraft tires will gain traction in the Asia-Pacific excluding Japan (APEJ) region. Favorable industrial regulations and easy procurement of rubber will drive aircraft tire manufacturers towards the APEJ region. The report also estimates that the APEJ aircraft tire market will register fastest expansion at a CAGR of 4.4% during the forecast period.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aircraft Tire Market Estimated to Expand at a Double-Digit CAGR of 4.0% through 2026 here

News-ID: 1138184 • Views:

More Releases from Future Market Insights

Electronic Tongue Market will grow USD 774.2 million by 2035, at a 4.5% CAGR, fueled by demand for smart diagnostics and medical R&D.
Electronic Tongue Market will grow USD 774.2 million by 2035, at a 4.5% CAGR, fu …
The global electronic tongue market is advancing rapidly, poised to reach USD 497.9 million in 2025 and climb to USD 774.2 million by 2035, growing at a promising 4.5% CAGR. The increasing demand for precision diagnostics, pharmaceutical quality control, and personalized medicine is driving this technological surge, positioning the electronic tongue as a futuristic, non-invasive diagnostic instrument in healthcare and pharmaceuticals. Electronic tongues, by design, mimic human sensory functions through an
ESD Tapes and Labels market will expand USD 4,253.3 million by 2035, growing at 4.5% CAGR with strong electronics and aerospace demand.
ESD Tapes and Labels market will expand USD 4,253.3 million by 2035, growing at …
The global market for ESD (electrostatic discharge) tapes and labels is entering a new decade of expansion driven by technological innovation, the rise of miniaturized electronics, and heightened quality standards in manufacturing. Valued at USD 2,738.8 million in 2025, the market is expected to reach USD 4,253.3 million by 2035, expanding at a steady 4.5% CAGR. This reflects a world increasingly dependent on efficient anti-static solutions that ensure the protection
Catalase Market will rise USD 575.9 million by 2035 at 3.1% CAGR, driven by sustainable innovations and expanding applications.
Catalase Market will rise USD 575.9 million by 2035 at 3.1% CAGR, driven by sust …
The global market for catalase is preparing for steady long-term expansion, driven by green chemistry, renewable sourcing, and biotechnology-driven production upgrades. Projected to reach USD 424.5 million in 2025 and USD 575.9 million by 2035, the industry's 3.1% CAGR reflects its broadening influence across critical sectors including food and beverages, pharmaceuticals, textiles, and personal care. With growing concerns about sustainability, efficiency, and safety, catalase is emerging as a vital biocatalyst
Quillaia Extract market is set to reach USD 1,826.9M by 2035 at 5.8% CAGR fueled by natural, functional, and sustainable trends.
Quillaia Extract market is set to reach USD 1,826.9M by 2035 at 5.8% CAGR fueled …
The global Quillaia extract market is entering a period of unprecedented growth, reflecting the world's shift toward natural, functional, and nutrient-rich ingredients. Projected to increase from USD 1,039.6 million in 2025 to USD 1,826.9 million by 2035 at a robust 5.8% CAGR, the industry's future is shaped by consumer demand for healthier, eco-friendly products and manufacturers' determination to stay ahead through innovation, expansion, and diversification. Over the past few years, Quillaia

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,