World Pneumatic Tire Market - Opportunities and Forecasts, 2014 - 2020 Published on – 1 August, 2015 | Number of pages : 110 Single User Price: $4515 The research methodology used to estimate and forecast World Pneumatic Tire Market begins with capturing data on key vendor revenue through the secondary research.
Summary of the Report: 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. There is high scope for the Pneumatic Tire Market across the globe during 2014-2020.
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Topics Covered in this report : Scope and Regional Forecast of the Pneumatic Tire Market: The replacement segment accounted for the maximum revenue share in the Pneumatic Tire Market. This segment is expected to dominate the market during the forecast period (2014–2020). Tires are basically categorized into radial and cross-ply tires, with radial holding around 68% of the total market share by value. In the Pneumatic Tire Market, the four wheelers tire segment is the highest revenuegenerating category and is expected to maintain its dominant position throughout the forecast period 2014-2020. Asia Pacific is expected to be the fastest growing region of this market through 2020.
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 in previous years and expected to continue through 2020. Segmentation and Key Players of the Pneumatic Tire Market: The Pneumatic Tire Market is segmented into various categories by type of sale, by vehicle type, by product type and by geography. By type of sale: replacement tires and OEM
By vehicle type: two wheelers, bicycle, motorcycle, four wheelers, passenger cars, commercial vehicles (trucks, buses), aircraft and others (industrial vehicles, agricultural vehicles and off road vehicles) By product type: radial tires, cross-ply tires
By geography: North America, Europe, Asia Pacific and LAMEA
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The key players in the Pneumatic Tire Market are as follows: • Michelin • Continental AG • Bridgestone Corporation • Cooper Tire & Rubber Company • The Goodyear Tire and Rubber Company The Pneumatic Tire Market is a rapidly growing market with high demand and use of pneumatic tires for various vehicles in various regions across the globe. There is high demand for different types of tires for vehicles and due to the increasing automotive industry; this market is expected to witness high growth across the globe during 2014-2020.
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World Pneumatic Tire Market - Opportunities and Forecasts, 2014 - 2020 A detailed qualitative analysis of the factors responsible for driving and restraining growth of the World Pneumatic Tire Market and future opportunities are provided in the report.
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