Bicycle Tires Market Share to witness steady rise in coming decade | Cheng Shin Rubber Ind Co Ltd., Hutchinson, Trek Bicycle Corporation

Global Bicycle Tires Market report from Global Insight Services is the single authoritative source of intelligence on Bicycle Tires Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Bicycle tires are the rubber or pneumatic covers that are placed on the rims of bicycles. They are usually inflated with air, and help to provide traction and cushioning as the bicycle is ridden. Tires are also important in absorbing shock from bumps in the road, and help to keep the rider stable. There are many different types of bicycle tires available, and choosing the right one depends on the type of bicycle and the riding conditions. Some factors to consider when choosing a tire include width, tread, and pressure.

Key Trends

There are several key trends in bicycle tires technology.

One is the increasing popularity of tubeless tires. Tubeless tires are airtight and don't require an inner tube. This makes them more puncture-resistant and also allows for lower air pressure, which can improve grip and comfort.

Another trend is the increasing use of disc brakes on road and mountain bikes. Disc brakes provide more stopping power than traditional rim brakes, and don't overheat as easily in hot weather.

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Key Drivers

There are several key drivers of the bicycle tires market.

First, the increasing popularity of cycling as a mode of transportation and recreation is driving the demand for bicycle tires.

Second, the growing health and fitness trend is leading more people to cycle for exercise, which is also driving the demand for bicycle tires.

Market Segments

The bicycle tires market is segmented by type, product, and region. By type, the market is classified into mountain, hybrid. electric, and others. Based on the product, it is bifurcated into tubes, tubeless, and solid. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global bicycle tires market includes players such as Cheng Shin Rubber Ind Co. Ltd., Hutchinson, Trek Bicycle Corporation, The Goodyear Tire & Rubber Company, Specialized Bicycle Components, Michelin, Mitas, Pirelli & C. S.p.A., Giant Bicycles, Continental AG, and others.

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