Automotive Tire Market 2018 Global Major Key Players: Continental AG, Cooper & Rubber Company, Hankook, Goodyear & Rubber Company, Michelin Group, Pirelli & C. S.p.A
Automotive tires are used to cover the rim of the wheel for protecting it and withstanding the tactic force between the road surface and the vehicle. Tires are manufactured with rubber, which provides flexible covering to the rim of the wheel, thus helps
(EMAILWIRE.COM, May 03, 2018 ) Automotive Tire Market 2018
Automotive Tire Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Automotive Tire Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Market Scenario
Automotive tires are used to cover the rim of the wheel for protecting it and withstanding the tactic force between the road surface and the vehicle. Tires are manufactured with rubber, which provides flexible covering to the rim of the wheel, thus helps in reducing vibrations from vehicle machinery. The demand for tires is directly related to the increase in demand of automobiles.
The increase in sales of passenger and commercial vehicles is directly impacting the growth of the automotive tire market. Manufacturers are adopting low Rolling Resistance (LRR) and self-inflating technology due to the increasing awareness for fuel saving, which is directly impacting the growth of the automotive tire market. The other factor which drive the demand of automobile tire market are the increasing demand of customers for better mileage and durability which are provided by the radial tires. The growing demand for eco-friendly tires with the increase in awareness for environment is also fuelling the demand of the automotive tire market.
Get Sample Report of Automotive Tire Market@ https://www.marketresearchfuture.com/sample_request/2253
Key Players
The key players of Automotive tire market are Continental AG (Germany), Cooper & Rubber Company (U.S.), Hankook Co. Ltd. (South Korea), Goodyear & Rubber Company (U.S.), Michelin Group(France), Pirelli & C. S.p.A.(Italy), Sumitomo Rubber Industries, Ltd (Japan), Bridgestone Corporation (japan), Toyo Tire & Rubber Co., Ltd. (Japan), Yokohama Rubber Co. Ltd.(Japan) and others.
Industry/ Innovation/ Related News:
December, 2017- Bridgestone Corporation announced the launch of five new Battlax motorcycle tires which include the Battlax Sport Touring T31 for sport touring category, Battlax Adventure A41 for adventure category, Battlax Scooter Sc2 and Battlax Scooter Sc2 Rain for Scooter Category and Battlax Racing R11 for circuit racing category.
September 2017- Michelin introduced new tires for Select 2018 Harley-Davidson Softail Motorcycles. Using advanced modeling, engineers from both companies were able to work virtually across global research centers to co-design the tires and fine-tune them to exact specifications.
September, 2017- Toyo Tire & Rubber Co., Ltd. plans to expand the tire production capacity in the US and Malaysia. Toyo Tires plans to add new buildings and equipment to expand the production capacities of the U.S. tire plant and the Malaysia tire plant.
Global Automotive Tire Market – Segmentation
The global automotive tire market can be segmented in to three key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type - Radial, Bias/ Cross Ply
Segmentation by Section Width -
Automotive Tire Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Automotive Tire Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Market Scenario
Automotive tires are used to cover the rim of the wheel for protecting it and withstanding the tactic force between the road surface and the vehicle. Tires are manufactured with rubber, which provides flexible covering to the rim of the wheel, thus helps in reducing vibrations from vehicle machinery. The demand for tires is directly related to the increase in demand of automobiles.
The increase in sales of passenger and commercial vehicles is directly impacting the growth of the automotive tire market. Manufacturers are adopting low Rolling Resistance (LRR) and self-inflating technology due to the increasing awareness for fuel saving, which is directly impacting the growth of the automotive tire market. The other factor which drive the demand of automobile tire market are the increasing demand of customers for better mileage and durability which are provided by the radial tires. The growing demand for eco-friendly tires with the increase in awareness for environment is also fuelling the demand of the automotive tire market.
Get Sample Report of Automotive Tire Market@ https://www.marketresearchfuture.com/sample_request/2253
Key Players
The key players of Automotive tire market are Continental AG (Germany), Cooper & Rubber Company (U.S.), Hankook Co. Ltd. (South Korea), Goodyear & Rubber Company (U.S.), Michelin Group(France), Pirelli & C. S.p.A.(Italy), Sumitomo Rubber Industries, Ltd (Japan), Bridgestone Corporation (japan), Toyo Tire & Rubber Co., Ltd. (Japan), Yokohama Rubber Co. Ltd.(Japan) and others.
Industry/ Innovation/ Related News:
December, 2017- Bridgestone Corporation announced the launch of five new Battlax motorcycle tires which include the Battlax Sport Touring T31 for sport touring category, Battlax Adventure A41 for adventure category, Battlax Scooter Sc2 and Battlax Scooter Sc2 Rain for Scooter Category and Battlax Racing R11 for circuit racing category.
September 2017- Michelin introduced new tires for Select 2018 Harley-Davidson Softail Motorcycles. Using advanced modeling, engineers from both companies were able to work virtually across global research centers to co-design the tires and fine-tune them to exact specifications.
September, 2017- Toyo Tire & Rubber Co., Ltd. plans to expand the tire production capacity in the US and Malaysia. Toyo Tires plans to add new buildings and equipment to expand the production capacities of the U.S. tire plant and the Malaysia tire plant.
Global Automotive Tire Market – Segmentation
The global automotive tire market can be segmented in to three key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type - Radial, Bias/ Cross Ply
Segmentation by Section Width -
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results