Global Specialty Tire Market will grow at a CAGR of 3.68% during the period 2016-2020

Albany, NY, Oct 25: Tires are manufactured using raw materials such as natural or synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber; nylon tire cord fabric; and carbon black.

Specialty tires are designed for specific weather conditions or specific vehicles. These tires are used in aircraft, two-wheelers, OTR vehicles, and agricultural, mining, construction, earthmoving, and industrial equipment.

The global specialty tire market to grow at a CAGR of 3.68% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global specialty tire market for 2016-2020. To calculate the market size, the report considers the total production of specialty tires for OEMs and aftermarket sales.

The market is divided into the following segments based on application:
- Agricultural tires
- Aircraft tires
- HCV and mining
- Others

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Technavio's report, Global Specialty Tire Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alliance Tire Group
- Bridgestone
- Continental
- Goodyear Tire and Rubber
- Michelin

Other prominent vendors
- Armour Tires
- BalKrishna
- Industries
- Akuret
- American Farmer
- Carlisle
- Harvest King
- Mitas

Market driver
- Rise in demand for construction and mining machines
- For a full, detailed list, view our report

Market challenge
- Environmental impact
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.