Press release
Automotive Run-flat Tyre Market Booming Worldwide With Leading Key Players - Michelin, Continental AG, Dunlop, The Goodyear Tire & Rubber Company, Bridgestone
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The Automotive Run-flat Tyre market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
An automotive run-flat tire is a type of tire designed to continue functioning even after it has lost all or most of its air pressure. Run-flat tires have reinforced sidewalls or an internal support structure that allows the vehicle to be driven for a limited distance at reduced speeds, typically up to 50 miles (80 kilometers) at around 50 mph (80 km/h), even when the tire is punctured or deflated. This capability enhances safety and convenience by allowing drivers to continue to a repair facility or a safe location without immediately needing to change the tire or call for roadside assistance.
Forecast Growth Projected:
The Global Automotive Run-flat Tyre Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Automotive Run-flat Tyre Market:
Michelin, Continental AG, Dunlop, The Goodyear Tire & Rubber Company, Bridgestone, Pirelli & C. S.p.A., Yokohama Tire Company, Apollo Tyres Ltd, Kumho Tire Co., Inc. and Hankook Tire & Technology.
Segment Covered in the Automotive Run-flat Tyre Market:
By Technology: Self-supporting Tyre, Self-sealing Tyre, Auxiliary Supported Tyre
By End-User: Passenger End-User, Commercial End-User, Military End-User
By Material: Natural Rubber, Synthetic Rubber, Carbon Black, Terylene, Nylon, Glass Fiber, Others
By Distribution Channel: OEM, Aftermarket
Regional Analysis:
The global Automotive Run-flat Tyre Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Automotive Run-flat Tyre Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Automotive Run-flat Tyre Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Automotive Run-flat Tyre manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Automotive Run-flat Tyre in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Automotive Run-flat Tyre Market?
The Automotive Run-flat Tyre Market size was USD $ 501.6 million in 2023. It is expected to reach USD $ 713.3 million by 2031.
How fast is the Automotive Run-flat Tyre Market growing?
The Automotive Run-flat Tyre Market will exhibit a CAGR of 4.5% during the forecast period, 2024-2031.
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