The purpose of the report is to illustrate the state of the market of Airless Tires, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Airless tires refer to automotive tires designed to work without air pressure. These type of tires are witnessing immense attention from the past few years owing to their immense benefits and potential of replacing the existing pneumatic tires. Airless tires are used in bicycles, defense vehicles and other commercial & utility vehicles. These tires are also expected to find application in passenger cars, thereby emerging as the future of automotive tires. One of the major factor fueling the market growth is the consistently growing efforts by the tire manufacturers towards developing a viable design of airless tires. Several companies including Bridgestone Corporation, Michelin Group and Hankook Tire Group are focused towards developing seamless airless tire design that can implemented across different vehicles. For instance, in 2005, Michelin Group introduced its first design of airless tires made using a solid hub, flexible polyurethane spokes and an outer tread band. Similarly, in 2013, Bridgestone Corporation introduced its second generation concept airless tire. The new design includes improved load-bearing capabilities, eco-friendly structure and enhanced driving performance.
Some of the major players profiled in the report are Michelin Group, Cooper Tire & Rubber Company, Goodyear Tire & Rubber Company, Hankook Tire Group, Bridgestone Corporation, Tannus Ltd., Amerityre Corporation, Kenda Rubber Industrial Company, Marathon Industries, Inc. and several others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Airless Tires buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Airless Tires contains:
Analysis and forecast of Airless Tires market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Airless Tires market;
Assessment and forecast of Airless Tires market development;
Financial and business profiles of the leading companies in the Airless Tires industry.
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– Up to date working Airless Tires data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Airless Tires for the period 2018 to 2026
– Planned Airless Tires additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Airless Tires projects by region, key countries, and companies
– Details of major planned Airless Tires projects in the world up to 2026
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