Automotive Tubeless Tires Market: APEJ Predicted to Remain the Largest Region with a Revenue of US$ 43 Bn by 2019 end
June 20, 2019 by Steve Blade
According to a recently published report by Fact.MR, the global automotive tubeless tires market is predicted to surpass US$ 158 Bn in 2019, up from US$ 148 Bn in 2018 and register a healthy CAGR of over 6% during the period 2017-2022. Fact.MR analyses that steady demand for automotive tires will be upheld by their competency to operate efficiently at low temperature, pressure, and adverse environmental conditions. The study finds that escalating demand for high quality automotive tubeless tires from the manufacturers of commercial vehicles, on the back of safety concerns will hold significant growth opportunities for the automotive tubeless tires market through 2022.
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Automotive tubeless tires, if used in all-light commercial vehicles for their low rolling resistance, more than a billion dollar worth of fuel could be conserved in California, deduced authority of the California Energy Commission in the latest study. This study has undergirded the capability of tubeless tires supporting sustainable driving and high fuel efficiency, which presents a sanguine picture of automotive tubeless tires market
According to the study, increasing number of vehicles on road resulting in traffic congestion is expected to fuel the demand for passenger cars. As a result, the passenger cars are expected to hold a considerable share of automotive tubeless tires market with a healthy CAGR of 7% during the period 2017-2022.
Table of Content
less Tire Market - Executive Summary
2. Global Tubeless Tire Market Overview
3. Global Tubeless Tire Market Analysis and Forecast By Product Type
4. Global Tubeless Tire Market Analysis and Forecast By Vehicle Type
To be Continue.......
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Chapter Wise Analysis
Chapter 1: Global Automotive Tubeless Tires Market – Executive Summary
Chapter 2: Global Automotive Tubeless Tires Market – Overview
Chapter 3: Global Automotive Tubeless Tires Market Analysis and Forecast, by Product Type
Detailed segmentation of the automotive tubeless tires market has been included in the report, which offers an analysis based on the product type. The market is bifurcated into bias and radial on the basis of the product type.
Chapter 4: Global Automotive Tubeless Tires Market Analysis and Forecast, by Vehicle Type
Chapter 5: Global Automotive Tubeless Tires Market Analysis and Forecast, by Distribution Channel
Depending on the distribution channel, the automotive tubeless tires market is fragmented into aftermarket and OEM.
Chapter 6: Global Automotive Tubeless Tires Market Analysis and Forecast, by Technology
On the basis of the technology, the global automotive tubeless tires market is bifurcated into heated,
Automotive Tubeless Tires Market: Competitive Landscape
Key competitors operating in automotive tubeless tires market include Cheng Shin Rubber Industry Co., Continental AG, Sumitomo Rubber Industries Ltd, Pirelli & C. S.p.A., Madras Rubber Factory Limited, Apollo Tyres Ltd., The Goodyear Tyre & Rubber Company, The Yokohama Rubber Co., Ltd., and Michelin North America Inc.
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