Tubeless tires operate without an inner tube, while the outer casing is hermetically sealed to the wheel rim, where the air is fixed to the casing and rim assembly. Tubeless tires consist of a tread, steel belt, and helical layer, supporting a variety of functions such as supporting vehicle loads, transferring traction and braking forces to the road surface, absorbing road shocks, changing and maintaining driving directions, etc. It is. In addition, to achieve these basic functions, tubeless tires consist of a steel belt covered with elastic rubber and inflated with high-pressure air (nitrogen, CO2, O2 and gas mixtures). The tubeless tire market offers profitable growth over the forecast period due to advantages such as easier puncture repair, higher speed, lower tire pressure, improved bump absorption, and reduced rotational weight compared to conventional tires. It is expected to witness. Commercial vehicles such as heavy trucks and buses can incorporate eight or more tubeless tires, depending on the application and role of the vehicle, while two-wheelers are integrated with passenger cars with two tires and four tires.
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Key Market Segments:
Key Market Players:
By Vehicle Type:
- Bridgestone Corporation
- The Goodyear Tyre & Rubber Company
- Continental AG
- Pirelli Tyre S.p.A.
- Sumitomo Rubber Industries, Ltd.
- Hankook Tire Co. Ltd
- Yokohama Tire Corporation
- Toyo Tire & Rubber Co. Ltd.
By Distribution Channel:
- Passenger Car
- Commercial Vehicle
- Original Equipment Manufacturer (OEM)
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- North America
The global automotive tubeless tire market is driven by the growth of global automobile production and sales and the growth of stringent vehicle emissions and fuel economy rules and regulations. However, raw material prices and technological advances from the adoption of airless tires for heavy trucks and buses and off-road vehicles have hampered the market's growth. In addition, technological innovations in the automotive tire industry, such as lightweight tubeless tires made of high-grade rubber and metal, and tubeless tire aftermarkets with extended car life, are expected to open up various opportunities in the market. The main challenge for tubeless tire OEMs is to overcome problems such as vibration and excessive fuel consumption.
The passenger car segment leads the automotive tubeless tire market
The passenger car sector accounted for the highest market share in 2016 in the overall automotive tubeless tire market. According to the OICA Car Association, around 67 million passenger cars were sold worldwide in 2016, further increasing the demand for tubeless tires in the automotive industry. In addition, in most Asia-Pacific regions, the growth of passenger cars drives market growth. In addition, factors such as extended vehicle life and increased annual miles travel per year on passenger cars drive up demand for tubeless tires in the aftermarket.
The most profitable market is the Asia Pacific
Asia-Pacific is the most profitable and largest market for tubeless tires for automobiles, as the auto industry in China, Japan, and South Korea increases and several joint ventures with international brands increase. The level of penetration of passenger cars and two-wheeled vehicles is the highest in this region compared to other regions, so the demand for tubeless tires is increasing.
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Table of Content:
Chapter 1 Global Tubeless Tire Market Overview
Chapter 2 Global Economic Impact on Tubeless Tire Industry
Chapter 3 Global Tubeless Tire Market Competition by Manufacturers
Chapter 4 Global Tubeless Tire Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Tubeless Tire Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Tubeless Tire Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Tubeless Tire Market Analysis by Application
Chapter 8 Tubeless Tire Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Tubeless Tire Market Forecast (2018-2023)
Chapter 13 Appendix
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