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Turning the wheels of the global tire market

Turning the wheels of the global tire market

While simple in design, tires play an important role in the function of modern-day cars and trucks. The following two reports take a closer look at the off road tires and passenger environmental tire markets.

A tire is a ring-shaped automotive component that's attached the outside of a vehicle's rim. As you may already know, it's designed to transfer the vehicle's weight from the axle to the wheel; thus, creating stronger traction with the ground. Normally, tires feature a rubber construction and are inflated with air. This allows the tire to absorb some of the shock when going over bumps and uneven terrain.

There are several different parts of a typical automotive tire, including the tread, bead, sidewall, shoulder and ply. Of all these parts, however, the tread is arguably the most important. It's the part that makes direct content with the road. When the tread becomes worn away, there's a greater risk of a blowout happening.

The Global Off The Road Tires (OTR) Market Research 2017 report by The Market Reports is a comprehensive study of the global off road tires market. In this report, you'll find key information on the market's definitions, classifications, industry chain structure, cost, revenue, trends, growth rate, challenges and more. It even provides detailed projections on the market's compound annual growth rate (CAGR) from 2016 to 2022. With this data, you can make smarter decisions regarding investments and professional ventures in the off road tire market.

Some of the key off road tire vendors profiled in this report include Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Toyo Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres and others.

The Global Passenger Environmental Tire Sales Market 2017 report by The Market Reports is a second professional study of the global tire market, though it focuses specifically on passenger environmental tires as opposed to off road tires. It covers much of the same information listed in the first report. However, it focuses on passenger environmental tires. Many countries, including the United States, have laws restricting the disposal of tires due to the negative effect they have on the environment. Passenger environmental tires are designed with an emphasis on being environmentally friendly. They feature materials and chemicals that are generally safe for the environment, which is why they are called "environmental" tires.

This report segments the global passenger environmental tire market by several criteria. On the basis of product type, the market is segmented into all-steel and semi-steel. On the basis of end-user applications, the market is segmented into SUV, sedan and other. Finally, the report segments the global passenger environmental tire market by geographic region, specifically covering the Unites States, China, Europe, Japan and India.

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Paul Hosking - Market Research NewsPaul Hosking
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