Press release
World Pneumatic Tire Market : Industry Size, Share, Segmentation And Groth to 2020
Intense Research
Pneumatic tires are in high demand in the automotive industry. Pneumatic tires are rubber tires filled with compressed air that enhances the tires loading capacity and improves the overall performance of the vehicle. Raw materials that are used in the manufacturing of pneumatic tires include natural rubber, synthetic rubber, carbon black, steel wire, petrochemicals reinforcing materials (fabric, steel, polyester, nylon, and rayon), fabric cord and wires. The pneumatic tire market has witnessed considerable growth primarily due to significant increase in automobile production and a subsequent rise in the demand of tires in the replacement market. However, the growing trend of retreading tires and fluctuating raw material prices are factors hindering the growth of the market.
Read Sample Report@http://goo.gl/FWGFBT
The market is segmented based on the type of sale, vehicle type, product type and geography. Based on the type of sale, the market is further segmented into OEM (original equipment manufacturer) and replacement. The replacement segment accounted for the maximum revenue share in the pneumatic tire market evaluated at $143.7 billion in 2014. This segment is expected to dominate the market during the forecast period (2015–2020). Tires are basically categorized into radial and cross-ply tires, with radial holding around 68% of the total market share by value. Based on the vehicle type, the market is segmented into two wheelers, four wheelers, aircrafts and others (industrial and agricultural vehicles). Presently, four wheelers tire segment is the highest revenue-generating category and is expected to maintain its dominant position throughout the analysis period. The key geographic regions covered in the report include North America, Europe, APAC and LAMEA.
Several companies manufacture novel tires with outstanding tractions and better grip properties suitable for all surface types. The pneumatic radial tire “ContiRT20”, a new product by Continental AG, provides exceptional stability during the lifting and transport of load in vehicles. Bridgestone offers an 8 inch diameter tires, particularly for use in industrial vehicles.The prominent players in this market are Michelin, Continental AG, Bridgestone Corporation, Cooper Tire & Rubber Company, The Goodyear Tire and Rubber Company, Hankook Tire Co. Ltd., The Yokohama Rubber Co. Ltd., Sumitomo Rubber Industries Ltd., Pirelli & C.S.p.A, Kumho Tire USA., Inc.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
The report provides an in-depth analysis of the pneumatic tires market and offers current and future trends to identify lucrative investment pockets in the market
The report identifies the key drivers, opportunities and restraints that shape the market and provides an impact analysis during the forecast period
Porter’s five forces analysis highlights the potency of buyers and suppliers participating in this market. This would further offer a competitive advantage to the stakeholders in making profitable business decisions; thus, helping them to strengthen their supplier and buyer networks
Current and future trends have been outlined to determine the overall attractiveness and highlight the profitable trends in order to gain a stronger foothold in the market
Market estimation of geographic segments has been derived from the current market scenario and expected market trends
MARKET SEGMENTATION
The market is segmented on the basis of type of sales, vehicle type, product type and geography.
Global Pneumatic Tires Market—By Type of Sales
Replacement tires
OEM
Global Pneumatic Tires Market—By Vehicle Type
Two Wheelers
Bicycle
Motorcycle
Four Wheelers
Passenger Cars
Commercial Vehicles (Trucks, Buses)
Aircraft
Others (Industrial Vehicles, Agricultural Vehicles and Off-Road Vehicles)
Global Pneumatic Tires Market—By Product Type
Radial Tires
Cross-ply Tires
Global Pneumatic Tires—By Geography
North America
Europe
Asia-Pacific
LAMEA
KEY PLAYERS
Michelin
Continental AG
Bridgestone Corporation
Cooper Tire & Rubber Company
The Goodyear Tire and Rubber Company
Hankook Tire Co. Ltd.
The Yokohama Rubber Co. Ltd.
Sumitomo Rubber Industries Ltd.
Pirelli & C.S.p.A
Kumho Tire Co., Inc.
About Us
Intense Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations.
Contact Us
Joel John
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442,
United States
Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No. 1-855-465-4651
Email: admin@intenseresearch.com
Web: http://www.intenseresearch.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 World Pneumatic Tire Market : Industry Size, Share, Segmentation And Groth to 2020 here
News-ID: 327030 • Views: …
More Releases from Intense Research
Global White Box Servers Market Manufacturing Base And Competitors Quanta, Wistr …
A white box server refers to customized servers that are either home built, or built by white box suppliers called ODMs (Original Design Manufacturers) such as Supermicro. The term white box simply means that the equipment is unbranded or generic. All parts are purchased separately which helps cut costs as well as provides hobbyists and data center professionals alike more customization to better fit their needs. The ease of customization…
Managed Mobility Services Market Future Trends 2020 - At&T, Fujitsu, IBM, Wipro, …
The research report "Managed Mobility Services Market: Global and Regional Analysis 2019 - 2024" discover accurate information about the long run prospects of this Managed Mobility Services market, which can help industry players to understand the flow of the market throughout the period 2019-2024. The global Managed Mobility Services market has defined the market scenario in an orderly way, emphasizing the industrial development, prominent players engaged from the current Managed…
Global Signature Verification Market Professional Survey 2020 - Biometric Signat …
The research report "Signature Verification Market: Global and Regional Analysis 2019 - 2024" discover accurate information about the long run prospects of this Signature Verification market, which can help industry players to understand the flow of the market throughout the period 2019-2024. The global Signature Verification market has defined the market scenario in an orderly way, emphasizing the industrial development, prominent players engaged from the current Signature Verification market, chapter…
Global Scientific and Technical Publication Market 2020 : Informa, John Wiley & …
The research report "Scientific and Technical Publication Market: Global and Regional Analysis 2019 - 2024" discover accurate information about the long run prospects of this Scientific and Technical Publication market, which can help industry players to understand the flow of the market throughout the period 2019-2024. The global Scientific and Technical Publication market has defined the market scenario in an orderly way, emphasizing the industrial development, prominent players engaged from…
More Releases for Tire
Tire Derived Fuel Market to See Booming Growth | Reliable Tire Disposal, Liberty …
Latest released the research study on Global Tire Derived Fuel Market, offers a detailed overview of the factors influencing the global business scope. Tire Derived Fuel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Tire Derived Fuel The study covers emerging player's…
Airplane Tire Market to See Huge Growth by 2027 | Qingdao Sentury Tire, Goodyear …
The latest study released on the Global Airplane Tire Market by AMA Research evaluates market size, trend, and forecast to 2027. The Airplane Tire market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi …
Tire Recycling Industry 2019 report provides concentrated and in-depth analysis of the existing situation of the Global Tire Recycling market, along with market share, revenue, assertive perception and forecast 2025.the report also provides current Tire Recycling business situation along with a valid assessment of the Tire Recycling business. Tire Recycling report is partitioned based on driving Tire Recycling players, application and regions.
Tire recycling, or rubber recycling, is the process of…
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 – 2025 | …
Vacuum Tire Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and…
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Tire derived Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years.…
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty …
Looking at the current trends across the Tire derived Fuel market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Tire derived Fuel Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Tire derived…
