Title: Advanced tire market
1Advanced Tire Market Market Worth US 1,350.7
Million By 2027
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2Segmentation of the Advanced Tire Report
By Material type By Type By Technology
Natural Rubber Pneumatic Tires Chip Embedded Tires
Synthetic Rubber Run Flat Tires Self-Inflating Tires
Steel Airless Tires Multi Chamber Tires
Elastomers All In One Tires
Vehicle Type
Light Duty Vehicles
Heavy Duty Vehicle
Agricultural Tractors
Construction Mining Equipment
Industrial Equipment
3Advanced Tire Market Summery
- Advanced tires are made up of various
combinations of different types of materials.
They have less chances of getting punctured and
are fuel efficient. They have a better grip on
the road and less prone to accidents and can
sense the conditions of the roads.
Industrialization, commercialization and a rise
in demand for automobiles such as trucks, cars,
tractors, etc, have led to an increase in the
production of automobiles and hence an increase
in the advance tire market. For instance, India,
in 2020, is said to be fourth largest automobile
industry on a global scale, with an increase in
sales of 10 year-on-year to 4.3 million units.
The automotive industry has observed a vigorous
growth in recent years, mostly in developing
countries such as China and India. This rise in
automobile production in developing nations has
led to increased production of automotive
catalysts for emission control devices in
automobile exhaust systems. Thus, upsurge in
automobile production is anticipated to boost the
growth of the global advanced tires market.
Further, rise in concern for fuel efficiency and
safety of automobile offers a remarkable growth
opportunity for the players operating in the
market. Stringent measures are taken to lower
vehicular pollution globally. The Clean Air Act
and Diesel emissions reduction act in the US, The
Air (Prevention and Control of Pollution Act) and
the Environmental Protection Act in India among
many others are examples. Such regulations have
made it mandatory for automobile manufacturers to
use advanced technologies to reduce emissions and
pollution in vehicles. Tubeless tires are one of
the advanced tires in the automotive industry,
which reduce vehicular emissions and enhance the
fuel economy of vehicles. All these factors
collectively drive the growth of the advanced
tires market.
4Advanced Tire Market Key Vendors
- Bridgestone Corporation
- Continental AG
- Michelin
- Pirelli C. S.p.A
- The Goodyear Tire Rubber Company
- THE YOKOHAMA RUBBER CO., LTD
- Nokian Tyres plc
- Hankook Tire Technology Co., Ltd.
- Sumitomo Corporation
- Toyo Tire Corporation
5Major Regions Covered in Report
- Regional Overview Analysis of Advanced Tire
Market - North America (US and Canada)
- Europe (UK, Germany, France and Rest of Europe)
- Asia Pacific (China, Japan, India and Rest of
Asia Pacific) - Latin America (Brazil, Mexico and Rest of Latin
America) - Middle East Africa (GCC and Rest of Middle East
Africa) - Ask for more details _at_ https//www.alltheresearch.
com/speak-to-analyst/750
6Key Highlights of Advanced Tire Market Report
- Overview of key market forces boosting and
restraining market growth - Up-to-date analyses of market trends and
technological improvements - Pin-point analyses of market competition to offer
you a competitive edge - Major competitors strategies analysis
- SWOT analysis of major industry segments
- Detailed analyses of Advanced Tire market trends
- An appropriately defined technological growth map
with Covid19 impact analysis - A clear understanding of the competitive
landscape and key product segments - Request For Sample Copy of Report _at_
https//www.alltheresearch.com/sample-request/750
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