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Global non-pneumatic tire market forecast to grow at a CAGR of 11 percent through 2024

11/9/2018 - New York, NY - The global non-pneumatic tires market is growing at a compounded annual growth rate of 11.0 percent during the forecast period 2016-2024, according to the latest report from Goldstein Research. With the increase in the application of non-pneumatic tires in electric vehicles, military grade vehicles and off-road vehicles, the global non-pneumatic tires market is anticipated to acquire a 3-4 percent market share of the global tires market. The non-pneumatic tires market is at a nascent stage, but its feature which eliminates the problem of air leaks/flat tires is expected to increase the demand in off-the-road vehicles. The global OTR tires market is growing at a CAGR of 4.2 percent during the forecast period, and thus provides the highest growth opportunities for the global airless tires market in terms of penetration. The global non-pneumatic tires market segmentation has been carried out on the basis of vehicle type, usage-type and geography. On the basis of geography, the global non-pneumatic tires industry is dominated by North American market share owing to high demand from the U.S. army coupled with high research and development and innovation activities carried out in the region by the manufacturers. On the other hand, in the huge India automobile industry, the automotive manufacturers are expected to adopt non-pneumatic tires in the near future. For further in-depth analysis, the Global Airless Tires Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (base point scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlooks of some of the major players, including profiling of companies such as Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin Inc., Hankook Tire Group, Yokohama Tire Corp., Resilient Technologies, Crocodile Tyres, Big Tyre and Toyo Tire & Rubber Co.

Thursday, January 17, 2019

Rogers Corporation introduces FDA compliant UHMW-PE films for specialty hoses - click to expand

Ohio Rubber Group holds winter technical meeting January 29 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Rubber Division, ACS, requests nominations for the 2020 Science & Technology Awards - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5 percent through 2025 - click to expand

Wednesday, January 16, 2019

Retread tires market to grow at a CAGR of 4.6 percent through 2028 - click to expand

Preferred Compounding acquires Valley Rubber Mixing and Glo-Mold - click to expand

Freudenberg BlueSeal helps trucks and SUVs - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

RISE project shows the profitability of extracting oil from tires - click to expand

Tuesday, January 15, 2019

Europe and CIS tire market forecast at $51 billion by 2023 - click to expand

Indonesia is ready to coordinate with Thailand and Malaysia to address declining rubber prices - click to expand

Anne Forristall Luke elected vice chair of the National Association of Manufacturers (NAM) Council of Manufacturing Associations (CMA) board of directors - click to expand

Falken Tire's ZIEX ZE001 A/S selected as factory standard tire for Subaru's Crosstrek hybrid - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Monday, January 14, 2019

Goodyear to present at Deutsche Bank Auto Industry Conference - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Cooper Tire to present at Deutsche Bank 2019 Global Auto Industry Conference - click to expand

Zeon establishes Czech subsidiary to sell raw materials for auto parts - click to expand

China to establish a rubber based free trade zone in Sri Lanka - click to expand

Friday, January 11, 2019

Shin-Etsu plans $23 million expansion of its Akron, OH, silicone facility - click to expand

Goodyear to webcast its presentation at the 2019 Wolfe Research Global Auto Industry Conference - click to expand

Abstracts solicited for 2019 International Elastomer Conference - click to expand

Book of the Day - Resistance and Stability of Polymers - click to expand

ARPM creates digital training modules for rubber manufacturers - click to expand

Thursday, January 10, 2019

Rex Gauge introduces the DD-5 digital durometer - click to expand

Falken Tires selected as original equipment supplier for the 2019 Jeep Wrangler Rubicon - click to expand

TA Instruments introduces high sensitivity pressure cell for the ARES-G2 rheometer - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Market Reports

Agricultural and food grade rubber conveyor belt market to grow at a CAGR of 4.9% through 2028 - click to expand

Global silica for S-SBR market forecast with a CAGR of 7.2% through 2028 - click to expand

Silicone to lead the wearable materials market forecast at $2.9 billion by 2023 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5% through 2025 - click to expand

Aircraft elastomers market to grow at CAGR Of 5.1% through 2023 - click to expand

Retread tires market to grow at a CAGR of 4.6% through 2028 - click to expand

Europe & CIS tire market is forecast at $51 billion by 2023 - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Global water-based adhesive market forecast to reach $21.3 billion by 2024 - click to expand

Global market for liquid silicone rubber forecast at $7.9 billion by 2026 - click to expand

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