Solid Tyre Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Solid Tyre Market
Solid Tyre, or non-pneumatic tires (NPT), are tires that are not supported by air pressure.
The global Solid Tyre market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-36T7196/Global_Solid_Tyre_Market_Insights_Forecast_to_2028

In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
This report aims to provide a comprehensive presentation of the global market for Solid Tyre, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid Tyre.
Report Scope
The Solid Tyre market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solid Tyre market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solid Tyre manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Get regional report
https://reports.valuates.com/request/regional/QYRE-Auto-36T7196/Global_Solid_Tyre_Market_Insights_Forecast_to_2028

Segment by Type
• Stick Tire
• Non-stick Tires

Segment by Application
• Engineering Vehicles
• Construction Machinery
• Military Vehicles
• Other

By Company
TY Cushion Tire, Setco Solid Tire＆Rim Assembly, Continental, MICHELIN, Trelleborg AB, NEXEN TIRE AMERICA, Tube＆Solid Tire, Superior Tire＆Rubber, Global Rubber industries（GRI）, CAMSO

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-36T7196/global-solid-tyre

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.