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Market ReportsNewsrss5Tire Technology & Manufacturing

Global bias tire market size is estimated to grow at a CAGR of 13.46 percent between 2023 and 2027

The Global Bias Tire Market size is estimated to grow at a CAGR of 13.46% between 2023 and 2027. The market size is forecast to increase by USD 25,765.53 million. The growth of the market depends on several factors, including the growing demand for bias tires in the agriculture equipment market, a rise in sales of passenger vehicles globally, and an increase in two-wheeler production and sales. The US, China, India, Japan, and Germany are the top countries contributing to the market growth. The US held the largest market in 2021 projecting revenue of USD 3,974.37 million according to Technavio.

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Micro injection molding machine market forecast at $700 million by 2028

Medical is estimated to be the largest application of micro injection molding machines between 2023 and 2028. The global coronavirus outbreak has surged the demand for medical equipment, including surgical devices, medical systems, and other instruments. Technical advancements in the field of medicine are also driving the use of micro components in medical procedures, improving patient outcomes. The intensified R&D in the medical industry is increasing the demand for micro injection molding equipment as well as medical micro parts.

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PRE-Q GALGO adds five designs to their Extreme line

PRE-Q® GALGO Corporation announced an extension of their Extreme tread line that now includes the addition of 5 designs that were lab-tested down to 80° below.

The Extreme line now includes; LDD (Long Distance Drive) 24/32, DLM (Drive Lug Medium) 18/32, PB (Power Block) 26/32, SD (Snow Drive) 25/32, MPO (Multi Positional) 22.5/32 for a total of 18 designs that have been lab tested down to 80° below.

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General Tire introduces the G-MAX AS

Developed for superior all-season traction and long-lasting treadwear, this tire comes complete with the Replacement Tire Monitor and Visual Alignment Indicators, which aid in detecting tire wear. The G-MAX™ AS07 ranges in size from 16-24” rim diameter, and offers an expansive size lineup with seventy-seven sizes, covering more than 90% of the segment.

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