Automotive Tubeless Tires Market

Automotive Tubeless Tires Market

Automotive Tubeless Tires Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2017 to 2022

  • XPLREP3625

  • March, 2019

  • 170 Pages

  • Tyres

Call for safety and reliability to drive the Automotive Tubeless Tires Market

As per a report available on XploreMR, the global automotive tubeless tires market is slated to reach the pinnacle of growth in the years to come.

The automotive tubeless tires market is driven by increased reliability and safety offered by tubeless tires in comparison with conventional pneumatic tires. Tubeless tires, as the name suggests, are devoid of an inner tube. Whereas outer casing does make air tight seal with wheel’s rim. As such, air gets held in the casing’s assembly and rim. The functions performed by tubeless tires include supporting vehicle load, absorbing road shocks, transmitting traction and breaking force to the road surface, and changing and maintaining travel direction. The components of tubeless tires include steel belt, tread, spiral layer. The inflation of tubeless tire happens through high-pressure air (oxygen, carbon dioxide, nitrogen, and a plethora of the other gases).

What constitutes the inside of Automotive Tubeless Tires Market?

The automotive tubeless tire market is expected to grow extensively due to tubeless tires rendering easy going puncture repair, being more comfortable at higher speed, having better bump absorption, and less rotating weight in comparison with the traditional tires. Plus, commercial vehicles like heavy-duty buses & trucks are capable of integrating 8 or even more tubeless tires based on role and application of vehicle. On the other hand, passenger cars are integrated with 4 tires and two wheelers with 2 tires.

By type of tire, the automotive tubeless tires market spans bias and radial tubeless tires. By type of vehicle, it spans commercial vehicles, passenger cars, and two-wheelers. Passenger cars hold the largest market share. OICA Car Association states that more than 69 Mn passenger cars are sold every year worldwide. As far as the distribution channel goes, it has OEM (original equipment manufacturer) and aftermarket.

At the same time, prices of the raw materials have been fluctuating. Also people manufacturers are preferring air-less tires in off-load vehicles and heavy-duty buses and trucks. Excessive fuel consumption and vibration also can’t be ignored. These factors may hamper the market. However, innovations may help the automotive tubeless tires market to again get on to the top. They could be lightweight tubeless tires, use of advanced metals & rubber, and growth in tubeless tire aftermarket.

California Energy Commission states that if every light truck tire is converted to low-rolling resistance tire, close to 300 Mn gallons of petrol (US $ 1 Bn) could get saved in California alone. Plus, the Indian government has come up with no WTO bound rates for tubes and tires, which also says elimination of restrictions on imports of every raw material need to product tire, except “carbon black”. These factors are expected to give an impetus to the automotive tubeless tires market in the near future.

Region-wise Analysis

North America and Europe are already into the saturation stage on the count of automotive tubeless tires market. The Asia-Pacific is the region to watch out for in future, with growth in automotive industry in South Korea, Japan, India, and China. The adoption of two wheelers and passenger cars is the highest in these geographies.

Competitive Landscape

The key players in the automotive tubeless tires market include Pirelli Tyre S.p.A, Continental AG, The Goodyear Tyre & Rubber Company, Bridgestone Corporation, Sumitomo Rubber Industries, Ltd., MICHELIN, Toyo Tire & Rubber Co. Ltd., Yokohama Tire Corporation, Hankook Tire Co. Ltd., CEAT Ltd., MRF Limited, Kumho Tire Co., Inc., and Apollo Tyres Ltd.

Automotive Tubeless Tires Market

A new report published by XploreMR examines the global automotive tubeless tires market and offers in-depth insights on numerous aspects. The information incorporated in this report is aimed at providing the stakeholders of the market with reliable data pertaining to the market by analyzing the historic, existing, and future scope of the market.

Chapter 1: Global Automotive Tubeless Tires Market – Executive Summary

The research report begins with an executive summary with the current and future scope of the automotive tubeless tires market. A quick glance at the size of the market is included which is estimated in terms of volume, value, and CAGR for the forecast period 2017 – 2022.

Chapter 2: Global Automotive Tubeless Tires Market – Overview

This section of the report comprises an introduction and key definition of the automotive tubeless tires market, followed by an analysis on the market drivers, trends, and restraints, shaping the future of the market.

Chapter 3: Global Automotive Tubeless Tires Market Analysis and Forecast, by Product Type

Detailed segmentation of the automotive tubeless tires market has been included in the report, which offers an analysis based on the product type. The market is bifurcated into bias and radial on the basis of the product type.

Chapter 4: Global Automotive Tubeless Tires Market Analysis and Forecast, by Vehicle Type

Based on the vehicle type, the market is segmented into PC, two-wheeler, HCV, and LCV.

Chapter 5: Global Automotive Tubeless Tires Market Analysis and Forecast, by Distribution Channel

Depending on the distribution channel, the automotive tubeless tires market is fragmented into aftermarket and OEM.

Chapter 6: Global Automotive Tubeless Tires Market Analysis and Forecast, by Technology

On the basis of the technology, the global automotive tubeless tires market is bifurcated into heated, powered, standard, and powered & heated.

Chapter 7: Global Automotive Tubeless Tires Market Analysis and Forecast, by Regions

Geographically, the automotive tubeless tires market is analyzed on the basis of the regions such as North America, the Middle East and Africa, APEJ, Japan, Europe, and Latin America.

Chapter 8: North America Automotive Tubeless Tires Market Analysis and Forecast, by Country

This section of the report comprises a detailed country-wise segmentation of the automotive tubeless tires market based in North America.

Chapter 9: Latin America Automotive Tubeless Tires Market Analysis and Forecast, by Country

This chapter of the report offers valuable insights into the automotive tubeless tires market based in Latin America. The following section of the report provides historical assessment and prediction of the global automotive tubeless tires market in this region.

Chapter 10: Europe Automotive Tubeless Tires Market Analysis and Forecast, by Country

This section of the study provides key information on the automotive tubeless tires market in Europe. The next sections of the report lend historical analysis and forecast of the market.

Chapter 11: Japan Automotive Tubeless Tires Market Analysis and Forecast, by Country

The chapter examines the automotive tubeless tire based in Japan and provides historical assessment and prediction of the market.

Chapter 12: APEJ Automotive Tubeless Tires Market Analysis and Forecast, by Country

This section of the report provides detailed information on the market based in the APEJ region. An in-depth historical analysis and forecast of the market are also incorporated in this region.

Chapter 13: MEA Automotive Tubeless Tires Market Analysis and Forecast, by Country

This chapter of the report provides key information about the automotive tubeless tires market based in the Middle East and Africa region. The study includes historical examination and forecast of the automotive tubeless tires market.

Chapter 14: Global Automotive Tubeless Tires Market Analysis and Forecast – Competition Landscape

This section of the report comprises of key information about the competition prevailing in the automotive tubeless tires market. The key players profiled in this study constitute of Cheng Shin Rubber Industry Co., Continental AG, Sumitomo Rubber Industries, Pirelli and C. S.p.A, Madras Rubber Factory Limited, Apollo Tyres Ltd., The Goodyear Tyre and Rubber Company, The Yokohama Rubber Co., Ltd., and Michelin North America Inc., among others.

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