Key Insights of Global Automotive Tubeless Tires Market till 2022

ROCKVILLE, US, 2018-Apr-11 — /EPR Network/ —   Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Automotive Tubeless Tires Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global automotive tubeless tires market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

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While tubeless tires are not exactly the puncture-proof alternative in the global tires market, their adoption is certainly expected to gain traction owing to their competitive advantage over tubular tires and non-pneumatic tires. Sales of tubeless tires continues to gain grounds in the global market, particularly due to their significance in lowering the incidence of flat tires, and affordable & easy repair. Vehicle owners are aware that punctures, which have the potential to put valuable logistic operations to a standstill, can be effectively avoided through adoption of tubeless tires.

Tubeless tires are a sub-type of pneumatic tires which come without a separate inner tube. Due to absence of inner tube, tubeless tires are vacuum-packed with the help of liquid sealants applied across the continuous ribs of the tire. With these ribs molded into the tire’s beads, tubeless tires can hold air under desired pressure, and are wrapped across the flanges of metal wheel rim.

The Fact.MR report on global tubeless tires market projects that by the end of 2017, over US$ 140 Bn worth of tubeless tires will get sold across the globe. Considering the harsh environments and low temperatures related to global transit operations, the adoption of tubeless tires is expected to gain traction owing to their efficiency in working at low pressures. Towards the end of 2022, the global market for tubeless tires is expected to have touched US$ 193 Bn value, reflecting a robust CAGR over the forecast period.

Global Tubeless Tire Market – Key Projections

With more than three-fourth share, global sales of radial tubeless tires will procure highest revenues in the global tubeless tire market. While the report observes radials as top-selling products in the tubeless tire market, bias tires will also witness a steady growth in terms of demand.

China, South Korea and India are among the key countries located in the Asia-Pacific excluding Japan (APEJ) region that are at the forefront of global automobile production. The demand for tubeless tires is anticipated to remain high in the APEJ region owing to the manufacturing presence of majority of leading automakers. The report anticipates that throughout the forecast period, the APEJ region will be observed as the largest market for tubeless tires.

Sales of tubeless tires in the US and Canada is anticipated to gain traction pertaining to the positive attitudes of car owners towards performance driving. Towards the end of 2022, North America’s tubeless tire market will have soared at the fastest pace, recording a CAGR of 7.3%.

The tubeless tire market in Europe will also witness steady growth through 2022. Considering the rising demand for performance vehicles across European countries, this region will witness a persistent growth in demand for tubeless tires.

In 2017, more than two-fifth of revenues procured from global sales of tubeless tires will be accounted by passenger cars. By the end of 2022, over US$ 86 Bn worth of tubeless tires will be sold globally for their use in passenger cars.

Competition Tracking

The report has also profiled leading manufacturers of tubeless tires which are expected to stay active in expansion of global tubeless tires market through 2022. Companies such as Bridgestone Corporation, The Yokohama Rubber Co. Ltd., Michelin North America Inc., The Goodyear Tyre & Rubber Company, Madras Rubber Factory Limited, Apollo Tyres Ltd., Pirelli & C. S.p.A., Cheng Shin Rubber Industry Co., Sumitomo Rubber Industries Ltd., and Continental AG are expected to remain key players in the global tubeless tire market.

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Table of Content

1. Global Tubeless Tire Market – Executive Summary

   2. Global Tubeless Tire Market Overview
   2.1. Introduction
   2.1.1. Global Tubeless Tire Market Taxonomy
   2.1.2. Global Tubeless Tire Market Definition
   2.2. Global Tubeless Tire Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Tubeless Tire Market Y-o-Y Growth
   2.3. Global Tubeless Tire Market Dynamics
   2.3.1. Drivers
   2.3.2. Restraints
   2.3.3. Trends
   2.4. Supply Chain
   2.5. Cost Structure
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region

2. Global Tubeless Tire Market Analysis and Forecast By Product Type 
   3.1. Global Tubeless Tire Market Size and Forecast By Product Type, 2012-2022
   3.1.1. Radial Tubeless Tire Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. Bias Tubeless Tire Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region

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