Automotive Tubeless Tire Market Overview, Size, Share, Analysis and Forecast 2017-2023

According to a new report titled, Automotive Tubeless Tire Market by Type, Vehicle Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023, the automotive tubeless tire market was valued at $132 billion in 2016, and is projected to reach $198 billion by 2023, growing at a CAGR of 6.2% from 2017 to 2023. The passenger car segment is expected to maintain its dominance throughout the forecast period. Asia-Pacific accounted for the highest share of 50% in 2016, and is anticipated to maintain this trend.

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Tubeless tires operate without an inner tube, and the outer surface of tubeless tire makes an air tight sealing with metal rim, and air is held in the assembly of casing and rim. Growth in automotive industry in developing countries and stringent vehicular emission & fuel economy norms among different countries boosted the demand for automotive tubeless tires in the market. However, fluctuation in cost of raw material, such as steel & rubber and huge capital investment required to set up new manufacturing facility is restraining the market growth. Moreover, rise in average life span of vehicles, and advancement in technology are expected to create numerous opportunities for the market growth.

The Major players reported in the market include:

Bridgestone Corporation

The Goodyear Tyre & Rubber Company

Continental Ag

Michelin

Pirelli Tyre S.P.A.

Sumitomo Rubber Industries, Ltd.

Hankook Tire Co. Ltd.

Yokohama Tire Corporation

Toyo Tire & Rubber Co. Ltd.

KEY BENEFITS

The study provides an in-depth analysis of the Automotive Tubeless Tire market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2017-2023 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

By Type

Radial

Bias

By Vehicle Type

Two-Wheeler

Passenger Car

Commercial Vehicle

By Distribution Channel

Original Equipment Manufacturer (OEM)

Aftermarket

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD AUTOMOTIVE TUBELESS TIRE MARKET, BY END USER

CHAPTER 5 WORLD AUTOMOTIVE TUBELESS TIRE MARKET, BY APPLICATION

CHAPTER 6 WORLD AUTOMOTIVE TUBELESS TIRE MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Wednesday June 12 2019, 6:05 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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