Automotive Tubeless Tire Is Circular Shaped Automobile Component Used To Cover Wheel's Rim Externally To Protect It And Enhance The Vehicle Performance, And To Offer Tractive Force Between The Road Surface And Vehicle. Moreover, Tubeless Tire Does Not Comprise Inner Tube, In Which The Outer Surface Of Tire Makes An Air Tight Seal With The Rim Of The Wheel. The Valve Is Directly Mounted In Rim Of The Wheel, Through Which Air Is Held Inside The Tire. The Advance Manufacturing Technique Of Tubeless Tires With Advanced Materials & Utilizing Nanotechnology And Benefits, Such As Significant Noise, Vibration, And Harshness (Nvh) Performance, Better Fuel Efficiency, Better Heat Dissipation, And Better Bump Absorption, Make Them An Outstanding Alternative To Conventional Pneumatic Tires.
Growth In Automotive Industry In Countries, Such As China, Germany, The U.S., And Japan, Rise In Production & Sales Of Vehicles, And Increase In Stringent Fuel Economy & Exhaust Emission Control Norms Largely Driving The Automotive Tubeless Tire Market. However, Huge Capital Investment Required For Setting Up New Manufacturing Facilities And Volatile Raw Material Prices Restraining The Market Growth. In Addition, Commercialization Of Air-Less Tire In Heavy-Duty Vehicles Is Anticipated To Hamper The Market Growth. Irrespective Of These Challenges, Rise In Demand For Tubeless Tire In Aftermarket And Advancement In Technology (Manufacture Of Lightweight Tubeless Tire By Using Lightweight Material) Are Expected To Create Numerous Opportunities For New Products And Boost The Market Growth.
The Market Segmentation Is Based On Type, Vehicle Type, Distribution Channel, And Geography. Based On Type, It Is Bifurcated Into Radial And Bias Tubeless Tires. Based On Vehicle Type, It Is Categorized Into Two-Wheelers, Passenger Cars, And Commercial Vehicles. Based On Distribution Channel, It Is Segmented Into Original Equipment Manufacturer (Oem) And Aftermarket. Geographically, The Market Is Analyzed Across North America, Europe, Asia-Pacific, And Lamea.
Key Players Profiled In The Report Include Bridgestone Corporation, The Goodyear Tyre & Rubber Company, Continental Ag, Michelin, Pirelli Tyre S.P.A., Sumitomo Rubber Industries, Ltd., Hankook Tire Co. Ltd., Cst., Yokohama Tire Corporation., And Toyo Tire & Rubber Co. Ltd.
Key Benefits
The Report Includes An Extensive Analysis Of The Factors That Drive And Restrains The Global Automotive Tubeless Tire Market.
Factors Affecting Market Growth And Projections From 2016 To 2023 Are Included.
The Report Also Provides Quantitative And Qualitative Trends To Assist The Stakeholders To Understand The Situations Prevailing In The Market.
In-Depth Analysis Of Key Segments Demonstrates Stakeholders With Different Types Of Tubeless Tire And Different Vehicle Types.
Competitive Intelligence Highlights The Business Practices Followed By Key Market Players Globally.
Automotive Tubeless Tire Market Key Segments
By Type
Radial
Bias
By Vehicle Type
Two-Wheeler
Passenger Car
Commercial Vehicle
By Distribution Channel
Original Equipment Manufacturer (Oem)
Aftermarket
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Uk
Italy
France
Rest Of Europe
Asia-Pacific
China
Australia
India
Japan
Rest Of Asia-Pacific
Lamea
Latin America
Middle East
Africa
Market Players In The Value Chain
Bridgestone Corporation
The Goodyear Tyre & Rubber Company
Continental Ag
Michelin
Pirelli Tyre S.P.A.
Sumitomo Rubber Industries, Ltd.
Hankook Tire Co. Ltd.
Cst.
Yokohama Tire Corporation
Toyo Tire & Rubber Co. Ltd.
Other Players In The Value Chain
Ceat Ltd.
Mrf Limited
Kumho Tire Co., Inc.
Apollo Tyres Ltd