Airless Tires Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Airless Tires Market Research Report - Global Forecast to 2023
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Airless Tires Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Summary: Airless Tires Market by product (Radial tires, Bias tires), by vehicle (Military vehicles, LCV, HCV, ATV, Utility vehicles, Two-wheelers), by material type (Rubber, Plastic), by tire size (<20 inches, 21-25 inches, 26-30 inches, 31-35 inches, >35 inches), by sales channel (OEM, Aftermarket),by Region - Global Industry Forecast To 2023 See Table of Content Here:
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Airless Tires market is estimated to witness 9% CAGR during the forecast period from 2019 to 2023. Airless Tires market overview: Global Airless Tires Market is predicted to experience a major growth throughout the forecast period owing to growing awareness for ride safety by preventing road accidents caused by tire punctures. Airless tires are considered as the next-generation tires which is eliminating the requirement of air pressure in the tires. In addition, industry participants and manufacturers are designing eco-friendly tires by means of recycled materials, since airless tires have longer life in comparison with conventional tires. Various features offered by airless tires such as higher durability, puncture proof, higher usage in rugged activities, and many more are expected to propel the market demand in future. Growing requirement for highly flexible and robust tires coupled with improvised shock absorbing abilities are pushing the industry participants and manufacturers towards rapid production of airless tires over the counterpart. Furthermore, greater compatibility of specialized airless tires among heavy vehicles in order to increase the ride safety is expected to witness an extensive growth during the forecast period. Airless tires market has experienced a substantial growth and presumed to grow with a CAGR of ~9% over the forecast period. Key Players Analyzed in This Report are: The prominent market players in the global airless market include Bridgestone Corporation (Japan), Hankook Tire (South Korea), The Goodyear Tire & Rubber Company (US), Pirelli (US), Sunitomo Rubber Industries (Japan), Amerityre Corporation (US), Michelin (France), Toyo Tire & Rubber Co. Ltd. (Japan), Cooper Tire (US), Tannus Ltd. (Korea). Request a Sample Report.
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Airless Tires Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Airless Tires Market Segmentation: By Product • •
Radial Tires Bias Tires
By Vehicle Type • • • • • •
Military Vehicles Light Commercial Vehicles (LCV) Heavy Commercial Vehicles (HCV) Terrain Vehicles Utility Vehicles Two-wheelers
By Material • •
Rubber Plastic
By Tire size • • • • •
< 20 inches 21-25 inches 26-30 inches 31-35 inches >35 inches
By Sales Channel • •
Original Equipment Manufacturer (OEM) Aftermarket
Report Coverage This study provides an overview of the global airless tires market, tracking three market segments across four geographic regions. The report studies key players, providing a sixyear annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and The Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global airless tire market by product, vehicle type, material, tire size, sales channel and regions. To View Report click on this button.
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Airless Tires Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
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